Though not held in the same league as major metropolises, Vadodara does have a booming real estate market. From residential apartments, mid range projects, luxury apartments and premium villas in Vadodara, there are plenty of housing options here. Capital values have gone up in Vadodara due to sustained development and Governmental thrust on civic and social infrastructure development. Capital values will continue to go up over the next 10-15 years, thereby giving both end users and investors great returns on their properties. Vadodara is well connected to Ahmedabad and Mumbai alike and the Vadodara-Ahmedabad Expressway is one of the best Indian roads ever. Vadodara is also a vital part of the Golden Quadrilateral Project which will boost infrastructure development and change the face of the area over the course of the next decade or so.
Several investments are pouring into the region and it is steadily becoming a commercial and industrial hub as well. Vadodara is the third largest city in Gujarat after Surat and Ahmedabad and is also a big hub for chemicals, cotton textiles, pharmaceuticals and machine tools. Vadodara is an arch type tier II city and prices of real estate have largely remained stable and free from major fluctuations which makes for a win-win for both developers and buyers alike. Vadodara is also witnessing huge development on its outskirts and areas which are closer to Ahmedabad. Buyers are preferring to purchase property along the Waghodia Road which has turned out to be a major realty hotspot while Gotri in the western part of the city, is also witnessing healthy demand. Several projects are being developed along the Vadodara-Halol Expressway and this is considered to be another major growth stretch of the future.
Vasna Bhayli is also witnessing huge residential development along with Ajwa Nimeta which lies around 15 kilometres away from Vadodara. The Mumbai-Vadodara Expressway will boost connectivity, realty prices and development in the city. This expressway and the upcoming Fatehgunj Flyover will also ease traffic congestion in Vadodara to a huge extent. Gotri-Sevasri is one residential belt which is steadily attaining popularity due to its connectivity to Alkapuri which is the Central Business District here. Vasna Bhayli is also on its way towards becoming a prime and in demand residential destination with prices slated to increase on the back of overwhelming demand. Vadodara’s real estate market will witness skyrocketing growth in the near future.
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