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An Overview of the Vadodara Real Estate Market

Vadodara, formerly and popularly called Baroda is also known as the Sanskari Nagri or Cultural Capital of Gujarat because of its unique way of celebrating all the different festivals. It is not just the rich culture that attracts people to this city, the cosmopolitan nature, setup of industries, geographic location, and the increasing academic activities are also key attracting forces. The influx of people in this city is one of the reasons for the enhancement of the city’s infrastructure and connectivity and vice versa.

 

Infrastructure & Connectivity
Industrialization has been one of the driving forces behind the development of city’s infrastructure and connectivity. The underground drainage system of Vadodara is one of the most commendable infrastructural developments of the city. It has an amalgamation of old palaces and new/modern building as well. When talking about connectivity, Vadodara is also termed as the Gateway to the Golden Quadrilateral because of its connection to the four major cities of golden quadrilateral including Delhi, Mumbai, Kolkata, and Chennai. The city also houses its own Vadodara Airport that connects it to other major cities of the country. It is also planned to convert this airport into an international airport with the construction of a new terminal. There are many national highways and expressways that pass through the city and connect it to other corners of India. The intercity connection is seamlessly maintained by the bus rapid transport system (BRTS).

 

Demography
The population of Vadodara city as per the 2011 Indian Census was estimated to be at 1,670,806 with the metropolitan area of Vadodara having a population of 2,065,771. A surprising fact when talking about the demography of Vadodara is that almost 9% of the Vadodara is under the age of 6. As for 2016, the population of Vadodara is estimated to be around 2.34 million which has seen a 38% decadal growth. The population density is 551 people per square kilometer. The literacy rate of Vadodara is 76.11%.

 

Life Style
Vadodara, as stated above, is known as the Cultural Capital of Gujarat. The people of Vadodara are rooted to their cultures and still know how to make full use of the modern amenities. There are many palaces and monuments in this city that attract the population towards itself. These include Pratap Vilas Palace, Laxmi Vilas Palace, Maharaja Sayajirao University of Baroda, Kirti Stambh, Kirti Mandir, Aurobindo Ashram, Hazira Maqbara, Kala Ghoda and much more. Apart from these monuments and palaces, there are many other entertainment options like the Snow Park, City Centre etc. Many shopping malls and multiplexes have been set up in the city to cater the needs of the people.

 

Key localities in Vadodara   
As any other metropolitan city of India or the world, Vadodara also has some amazing localities, both for residential as well as commercial property seekers. Real estate in Vadodara has seen a remarkable development in the past few years. Some localities have emerged that have changed Vadodara real estate drastically. Here’s a list of the same: Haripura, Akota, Diwalipura, Alkapuri, Gotri, Vasna-Bhaiyli Road, Atladra, Ajwa Road, Waghodia Road, Sevasi, etc.

 

Real Estate Market
The amazing real estate development and these top localities would have achieved this status had it not been the hard work of the builders of the city. They are the ones who come up with new affordable as well as luxury projects in the city to improve its living standards. The extent of projects delivered by these builders can be calculated by seeing the ad-boards like “Property for Sale in Vadodara” or “Vadodara Properties for Sale” that are offer property all year round. Here’s a list of the top builder of Vadodara: Paranjape Schemes, Ashiana Housing, Darshanam, Indiabulls, Pacifica, Avadh Reality, Sangani, Bakeri, JP ISCON Group, Earth Realty Group and more.

 

Projects in Vadodara
You can find all types of projects in Vadodara, ranging from affordable flats and apartments to luxurious villas and duplexes. You can also find different types of commercial offices and shopping space in attractive marketplaces to set up your business or industry in this booming city of Gujarat.

 

Govt Projects in Vadodara
Vadodara is one of the proposed cities to be converted into a smart city. While PM Narendra Modi was the CM of Gujarat, he had come up with various schemes to improve the face of Vadodara. He had even inaugurated many projects worth Rs 651 crores in Vadodara.

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