Day: November 30, 2019

Vadodara The Emerging Real Estate Hotspot

Vadodara is the 3rd largest city in Gujarat after Ahmedabad and Surat. It is popularly known as the cultural city of Gujarat. The city is rapidly emerging as an IT hub and hot property destination in Gujarat. Being a reputed educational center, the city attracts students from various cities in India. Vadodara is well-connected to other major cities like Delhi and Mumbai by road, rail and air. This advantage has given Vadodara another name of the ‘Gateway to the Golden Quadrilateral’ that adds to the commercial value of the city.

The boom in the real estate sector of Vadodara is escalated due to the spurt in the economic and industrial activities in the city. It is home to a large number of reputed large scale industries and public sector units like Indian Petrochemicals Corporation Ltd (IPCL), Oil and Natural Gas Corporation (ONGC), Gujarat Alkalies and Chemical Ltd (GACL), and Gas Authority of India Ltd (GAIL). The emergence of huge projects in the form of specialty townships, SEZ, gated residential communities, multiplexes, hotels, shopping malls, and integrated townships has uplifted the value of realty market in the city.

A large number of builders have become a major part of Vadodara real estate. Some of them include Raiyani Group, JK Consultants, Pusti Estate Agency, and Ashok Geelani. The city has various locations that are ideal options for property investment. These include Vasna Syed Road, Fatehgunj, Akota, Harni Road, Makarpura, New Sama Road, Nimeta Garden, Bhavpura, Chanakyapuri, Gotri and New Alkapuri. For buying commercial real estate, areas like Kareilbaug, Alkapuri and Jaisalpur are suitable options. Gotri is located in the western part of Vadodara. Property like 2BHK, 3BHK and 4BHK flats in Gotri are available at attractive prices.

Vadodara real estate offers a plethora of luxury and affordable residential projects, including:

Dream Vatika, Maneja
Dream Crystal Flats, Manjalpur
Dream Residency, Radha Krishna Park
Ashoka, Vasna Bhayali Road
Dream Garden, Sayajipura
Meridian Prime, Diwalipura
Shreekunj Greens, Gotri
The Golden City, near Nimeta Road

The city is proving to be an ideal destination for real estate investments due to the availability of luxury houses at an affordable price. Vadodara is one of the growing cosmopolitan cities in the country, which is known for its strategic location, academic activities and industrialization.

So, it is an ideal time to realize the benefits of investing in Vadodara real estate to gain huge returns in future. In India, various real estate portals are available that assist in finding a lucrative property in Vadodara at reasonable price.