Property Investment in Vadodara: All You Need To Know

Have you ever thought of property investment in Vadodara? Vadodara, or Baroda, is a key city in Western Gujarat. It has a thriving real estate business and is the 10th largest city in the country! This detailed guide will assist you in making profitable investments and making your own decisions.

What Is Property Investment in Vadodara?

The real estate market in Vadodara is divergent; one will get endless investment options, from affordable to luxurious ones! Vadodara is linked to other prime cities in Gujarat, like Surat and Ahmedabad, by roadways such as the Ahmedabad Vadodara Expressway, and some major railway stations here are Vadodara Junction, Ranoli, Banjwa, and Nandesari.

Further, several renowned educational institutes, tourist attractions, and shopping malls elevate Vadodara's charm. Some include Laxmi Vilas Palace, Pratap Vilas Palace, Sardar Patel Planetarium, Khanderao Market, Downtown Vadodara, Old Vadodara District Court, and Baroda Museum.

Factors To Consider Before Investing in Vadodara Real Estate

Economic Growth

With the presence of several top industries such as Larsen and Toubro Ltd, Angel Lasers Instrument, Safteywala Equipments LLP, Alfa Tech India, Shiva Scientific Glass Pvt Ltd, Siemens and many others, the economic growth in the city is on the rise. Over time, this city has also become a central point for emerging startups and companies like Motion Breeze, NextBlock Technologies, CoolCrop, Merlin Dentifrices Private Limited, Dalnex, and many others.

Infrastructure

Several major roadways and railway projects are ongoing in Vadodara to enhance the city's infrastructure. The development of National Highways Development Project phase 6 is a work in progress. The Vadodara- Mumbai Expressway, approximately 379 km in route, is still under construction. Recently, the Prime Minister inaugurated the Vadodara- Bharuch section of the Delhi-Mumbai Expressway, which is around 90 km long.

Affordability

In comparison to other pricier cities of the country like Delhi and Bengaluru, the cost of living in Vadodara is cheaper as it is roughly around Rs. 102,180.9 ( for a family of four) while it is around Rs. 29,600 (for just one person). According to several reports, Vadodara is 18.5 % less pricey than Bangalore, and even the rent is 63% lower in Vadodara.

Rental Yield

With the heightening demand for real estate properties and demand, Vadodara has become a hive for investors, with an approximate rental yield of 7.5%. Some prime localities like Vadsar Road, Gotri, Waghodia Road, Harni and Bhayli Road have witnessed rental yields of 4%, 7%, 4%, 5%, and 5% respectively.

Potential for Growth

The property investment in Vadodara ensures a golden opportunity for sustainable growth and profit, as depicted by the elevated property rates of approximately 29% over the last five years.

Demand of the Location

Vadodara is equipped with a well-grounded power supply, current telecommunications, modern management systems, and many more to improve the attractiveness of the business, ultimately enhancing the location's demand. Strategically, Vadodara is located along the Delhi-Mumbai Industrial Corridor, offering excellent connectivity to numerous national and international markets.

RERA

The Real Estate Regulatory Authority (RERA) Act 2016 says that every state in the country must form an RERA, which will govern all real estate builders to register and record their properties under RERA. Check the buyers' and property's details on the RERA Gujarat's website before buying.

Builder Credibility

While finalising the property for investment in Vadodara, one should do a background check on the portfolio and the reputation of the real estate builder for an advantageous and hassle-free purchase.

Steps to Invest in A Property in Vadodara

Step 1: Conduct a market survey and finalise your investment budget.

Once one has decided to invest in property, it is crucial to run a market survey, which includes the real estate trends and property price rates, before finalising the investment budget, the area around the investment location, and much more.

Step 2: Shortlist a few properties based on your requirements

After deciding the property budget, one should shortlist some properties that will suit their taste based on location, amenities, development in the area, type of property and more.

Step 3: Plan a field visit to the properties to assess the ease of daily amenities

Once the second step is done, one should plan to visit the location of shortlisted properties to assess their various aspects, such as infrastructure, transportation facilities, hospital proximity, etc.

Step 4: After finalising a property, do a background check and check all the property documents.

After making a field trip to the properties' locations, one should prepare for a thorough background check using RERA. Background checking includes the history, legal disputes, builder's reputation, and more.

Step 5: Prepare all the necessary documents, such as the sale deed, agreement, etc., to purchase the property.

Now, one should prepare all the legal documents, including the sale deed, purchase agreement, and others, to move into the final step and avoid unwanted issues.

Step 6: Go ahead with paying for the property. Remember to pay the stamp duty and registration charges as well.

After the final selection of the property and getting contented with the property, one can move to the final step, the payment step! One should include additional costs like registration charges, stamp duty, and the property price rate.

Benefits of Investing in Vadodara Real Estate Property

Affordable City

Vadodara is a perfect blend of modernity and history, which is a magnet for real estate investors to invest in pocket-friendly properties. The rent here is approximately Rs. 15,000 to Rs. 25,000 for 2BHK, the public transport can range from Rs. 450 - Rs. 750 monthly and the food costs around Rs. 2,400 to Rs. 3,400.

Employment Opportunities

The city is a hub for numerous industries such as engineering, pharmaceuticals, petrochemicals, and others, ultimately adding economic stability and great employment opportunities. Some top manufacturing industries in Vadodara are ABB, GE, Siemens, Linde, General Motors, Matrix ComSec, Xylum, Larsen and Toubro, Apollo Tyres, Reliance Industries, Sun Pharmaceutical Industries, and others.

Great Connectivity

Several city buses run throughout the city, and there are also many public bus services offered by GSRTC, which are inexpensive. Also, the railway line, NH 8 and others are joining this city to other prime cities like Mumbai, Delhi and others. The city also has many connecting flights to Mumbai and other cities.

Educational Excellence

With many great educational institutes, such as Maharaja Sayajirao University, Parul Institute of Management, GSFC University, Amity University, Sigma University, Frankfinn Institute of Air Hostess Training and many others, Vadodara is an appealing choice.

Strategic Location

Being a central location in Gujarat, Vadodara is a prime junction for several key cities like Surat, Ahmedabad and others. This arrangement also favours orderly transportation and logistics, making it an excellent business option. Further, this city's location along the Delhi-Mumbai Industrial Corridor contributes to numerous national and international markets' great connectivity.

Top Locations for Real Estate Property Investment in Vadodara

Bhayli Road

Surrounded by numerous water bodies, Bhayli Road has several connecting roads, such as Jay Prakash Narayan Marg Road, Vasant Vihar, Vasna, Makrand Desai and others. This location is well-known and offers several top institutes like Bright Day School, St. Kabir School, Sabari Vidyalaya, and more.

Alkapuri

Alkapuri is a beautiful location on the western side of Vadodara, which is swiftly expanding in infrastructure and real estate evolution. This locality is also known as the new Vadodara. It has excellent connectivity to other prime areas such as Dr Rustom Cama Marg, Rustom Patel Marg, Indubhai Patel Marg and others.

Sama Savli Road

Sama Savli Road is an emerging locality of Vadodara, offering amazing connectivity to Asoj, Tundav, Dumad, Gothda, Bautha, Manjusar, and many others. Some of the amazing amenities provided by this locality include Allmart HyperMarket, Lotus Aura 2, Bansal Mall, Baroda Eye Hospital, New Sarwa Mangal School and many more.

Kareli Baug

Kareli Baug is a beautiful location located on the northern side of Vadodara, and it is well-known for offering several amenities, including Amicus International School, Sangam Hospital, Tricolour Hospital, Aura International Preschool, Podar International School, Inorbit Mall Vadodara, Center Square Mall and numerous others.

Tarsali

Tarsali is a well-known, fast-developing location in Vadodara and close to localities such as Chikodara, Ghanghretia, Manjalpur, Danteshwar, Makarpura and others. This location is well-connected to other key parts of the city via Susan-Tarsali Ring Road, NH-48 and others. Some top amenities here are Eva The Mall, Inorbit Mall, Sanjivani Hospital, Medistar Hospital, Sun Pharmaceuticals and more.

Sevasi

Sevasi is a thriving locality in Vadodara and is renowned for its industrial activities, making it an attractive destination for entrepreneurs. The area has emerged as a hub for IT companies, including Pujer Complex and Atlantis Complex. 

Furthermore, the presence of well-established hospitals such as Nimish Hospital and Patel Hospital, along with reputed schools like Shaishav School and Nalanda International School, further boost the demand for rentals. Sevasi benefits from excellent connectivity, enhancing its appeal for both businesses and residents alike.

Chhani

Chhani is an affordable locality in Vadodara, strategically located along NH-64, which connects Vadodara to Surat and Ahmedabad. 

Situated just 8 km from Vadodara Airport via Canal Road, it offers excellent connectivity to key employment hubs such as Alembic Business Park, OHM Business Park, and Synergy Square. This prime location ensures residents enjoy greater convenience and reduced commute time.

Vadsar Road

Vadsar Road is an ideal location for both homebuyers and investors in Vadodara, thanks to its thriving real estate market. The area boasts excellent connectivity to prominent healthcare centres such as RR Medical Hospital, Urban Health Centre, and Shroffs Hospital. 

With its desirable living environment and rapidly developing infrastructure, Vadsar Road offers significant investment potential.

Gotri

Gotri, located in the western part of Vadodara, is a sought-after residential area known for its diverse housing options that cater to all budgets. 

Gotri is well-connected to the Vadodara-Mumbai Express Highway and the Gujarat State Road Transportation Corporation (GSRTC), offering seamless connectivity to other parts of the city. This makes Gotri an ideal choice for those seeking a comfortable and well-connected lifestyle.

Manjalpur

Manjalpur, located in the southern part of Vadodara, is rapidly emerging as a prime real estate hotspot. The area is well-connected by one of Vadodara’s largest flyovers near Lalbaug, linking Manjalpur to Raj Mahal Road, Pratap Nagar, and Viswamitri Bridge. 

Manjalpur offers a diverse range of properties, including bungalows, duplexes, apartments, and commercial complexes, making it an ideal location with all the conveniences for modern living.

Prominent Real Estate Projects in Vadodara

Samanvay Westfields in Vasna Bhayli Main Road

Address: Samanvay Westfields, Opp. Rajpath Complex, Near Essar Petrol Pump, Vasna Bhayli Main Road, Vadodara 391410

Price: Rs.  45 Lakh - Rs. 1.25 Crore

Possession: Ready to Move

Specifics: 

• BHK: 3, 4 BHK
• Super Built-Up: 1400 Sq Ft - 3550 Sq Ft
• No. of Units: 496
• No. of Towers: 12
• No. of Floors: 11

Located on the Vasna Bhayli Main Road, Samanvay Westfields offers a luxurious and refined living experience. Spread across 6 acres, this residential development is thoughtfully designed to provide a serene and healthy environment for its residents.

The project features exclusive lifestyle amenities, including a multipurpose hall, gazebo, clubhouse, peaceful yoga room, party lawn, and relaxation zone, ensuring a memorable living experience. For children and sports enthusiasts, Samanvay Westfields includes a kids’ play area, skating rink, cricket ground, and courts for badminton and table tennis.

Samanvay Westfields prioritises safety and security with earthquake-resistant construction, smart locks, and CCTV surveillance, offering residents peace of mind.

Northway Millennium in Bhayli Road

Address: Northway Millennium, Near Navrachana School, Bhayli Road, Vadodara 391410

Price: Rs. 30 Lakh - Rs. 1 Crore

Possession: Ready to Move

Specifics: 

• BHK: 2, 3, 4 BHK
• Super Built-Up: 1080 Sq Ft - 3060 Sq Ft
• No. of Units: 260
• No. of Towers: 6
• No. of Floors: 11

Northway Millennium redefines contemporary living in the vibrant city of Vadodara. Spread across 2.38 acres, this project offers stunning apartments that seamlessly blend modernity with elegance.

The development boasts a range of top-tier amenities, including a senior citizens’ sitting area, clubhouse, gazebo, reflexology path, and a well-equipped gymnasium, providing residents with an exceptional and luxurious living experience. The nature walkway, themed landscaped garden, and indoor games area further enhance the peaceful atmosphere, offering a perfect balance of relaxation and recreation.

Strategically located on Bhayli Road, Northway Millennium ensures comfort and convenience for its residents, making it an ideal place to call home.

Darshanam Seltosa in Sevasi

Address: Darshanam Seltosa, B/H Collabera, Opp Nilamber Bliss, Sevasi, Vadodara 391101

Price: Rs. 35 Lakh - Rs. 55 Lakh

Possession: 30 December 2025

Specifics: 

• BHK: 2, 3 BHK
• Carpet Area: 590 Sq Ft - 820 Sq Ft
• No. of Units: 408
• No. of Towers: 5
• No. of Floors: 12

Darshanam Seltosa, located in Sevasi, offers luxurious housing units designed for homebuyers in search of their dream homes. Spanning 2.23 acres, the development is surrounded by ample greenery, providing an exceptional living environment.

The project features a range of modern amenities, including a serene yoga room, senior citizens' sitting area, a well-equipped gymnasium, a swimming pool, and a spa room, ensuring a lifestyle of comfort and relaxation. Inside, the homes are thoughtfully crafted with a modular kitchen, aluminium sliding windows, smart switches, and vitrified tile flooring, bringing your vision of a perfect home to life.

With excellent connectivity and close proximity to essential amenities, Darshanam Seltosa caters to the needs of discerning homebuyers, offering convenience and luxury.

Rudra Aadikara Enclave in Vasna Road

Address: Rudra Aadikara Enclave, Near Amin Nagar Society, Dumad Road, Vasna Road, Vadodara 390015

Price: Rs. 40 Lakh - Rs. 60 Lakh

Possession: 01 July 2027

Specifics: 

• BHK: 2,3 BHK
• Super Built-Up: 670 Sq Ft - 1000 Sq Ft
• No. of Units: 30
• No. of Towers: 1
• No. of Floors: 5

Rudra Aadikara Enclave is a luxurious residential community that elevates living standards with its exquisite offerings. Spanning 0.26 acres, this project perfectly blends luxury and convenience, catering to every need with precision and style.

The community boasts top-tier amenities, including a multipurpose hall, reflexology path, senior citizens' walking track, meditation zone, and yoga room, seamlessly combining functionality with aesthetics. The futsal court, kids' play area, multipurpose play court, jogging track, and cycle track provide an engaging, dynamic environment for an active lifestyle in a vibrant community space.

Nysa Skydale in Chhani

Address: Nysa Skydale, Near Satyam Exotica Bungalows, Dumad Road, Chhani, Vadodara 391740

Price: Rs. 40 Lakh - Rs. 60 Lakh

Possession: Ready to Move

Specifics: 

• BHK: 2, 3 BHK
• Carpet Area: 910 Sq Ft - 1250 Sq Ft 
• No. of Units: 40
• No. of Towers: 10
• No. of Floors: 10

Nestled in the vibrant locality of Chhani, Nysa Skydale offers premier residential units that redefine luxurious living. Spanning 5.05 acres, this housing project stands out as one of the best investment opportunities in Vadodara.

Nysa Skydale features a range of top-notch amenities, including a spacious clubhouse, party hall, and swimming pool, catering to the needs of modern homebuyers. The well-designed interiors include wooden flooring, a modular kitchen, vitrified tile flooring, and smart switches, creating an atmosphere of sophistication and elegance. 

Amardeep Luxuria in Vadsar Road

Address: Amardeep Luxuria, Near Four Square Complex, Vishwamitri Road, Vadsar Road, Vadodara 390012

Price: Rs. 60 Lakh - Rs. 1.1 Crore

Possession: 30 August 2027

Specifics: 

• BHK: 3, 4 BHK
• Built-Up: 1385 Sq Ft - 2375 Sq Ft 
• No. of Units: 27
• Property Type: Apartment, Independent House and Villa

Amardeep Luxuria offers a stylish and refined living experience with exceptional craftsmanship that spans across 2.05 acres, creating a peaceful haven for those seeking sophistication in Vadodara.

Residents can enjoy top-class amenities, including a multipurpose hall, party hall, meditation zone, acupuncture pathway, and clubhouse. The development also features a modern gymnasium, wellness club, nature walkway, and themed landscaped garden, providing an ideal environment for relaxation and well-being. 

Moreover, this residential property features earthquake-resistant construction, round-the-clock security, and smart locks, providing residents with safety and peace of mind.

Darshanam King Square in Gotri

Address: Darshanam King Square, Ankodiya Road, Panchvati, Near Darshanam Clublife, Gotri, Vadodara 390016

Price: Rs. 65 Lakh - Rs. 1.2 Crore

Possession: 30 December 2027

Specifics: 

• BHK: 3, 4 BHK
• Carpet Area: 1070 Sq Ft - 1915 Sq Ft
• No. of Units: 140
• No. of Towers: 1
• No. of Floors: 12

Darshanam King Square in Gotri offers luxurious homes designed to provide a vibrant and modern living experience. Known for its premium infrastructure, this housing project is dedicated to enhancing the lives of its residents.

Spanning 2.1 acres, Darshanam King Square features a range of modern amenities, including a serene yoga room, senior citizens' sitting area, multipurpose hall, study library, and swimming pool, allowing residents to experience the perfect blend of luxury and refinement. The development also includes a well-equipped gymnasium, spacious cricket ground, and jogging track, setting a new standard of living in Vadodara.

Eshanti Elegance in Vasna Bhayli Main Road

Address: Eshanti Elegance, Near Nilamber Blessimo, Setu Shells, Vasna Bhayli Main Road, Vadodara 391410

Price: Rs. 50 Lakh - Rs. 80 Lakh

Possession: Ready to Move

Specifics: 

• BHK: 3, 4 BHK
• Super Built-Up: 1950 Sq Ft - 2650 Sq Ft
• No. of Units: 56
• No. of Towers: 3
• No. of Floors: 7

Eshanti Elegance stands as a beacon of luxury and sophistication in Vadodara's real estate market, making it an ideal choice for property investment. Spanning 3.69 acres, this development offers meticulously crafted residential units that redefine modern elegance.

The project features top-tier amenities, including a multipurpose hall, reflexology path, senior citizens' walking track, and a kids' play area, ensuring residents experience the height of luxury. Safety is a priority, with advanced fire-fighting systems, earthquake-resistant structures, and CCTV surveillance guaranteeing peace of mind alongside exceptional living.

Located in a prime area, Eshanti Elegance offers easy access to essential amenities, entertainment hubs, and transportation networks, enriching the quality of life for its residents.

Milestone Opulence Green in Bhayli Road

Address: Milestone Opulence Green, Near Akshar Pavilion, Bhayli Road, Vadodara 391410

Price: Rs. 1.55 Crore - Rs. 2.7 Crore

Possession: 30 March 2026

Specifics: 

• BHK: 4 BHK
• Carpet Area: 2070 Sq Ft - 3600 Sq Ft
• No. of Units: 24
• No. of Towers: 1
• No. of Floors: 13

Milestone Opulence Green is a prestigious residential project that offers luxurious living with meticulously crafted homes. With a perfect blend of functionality and aesthetic design, this housing project promises an unparalleled lifestyle of refinement and sophistication.

The development features world-class amenities, including a serene yoga room, multipurpose hall, reflexology path, kids' play area, and swimming pool, enhancing the living experience. It also boasts a large cricket ground, indoor games, and various sports activities, providing residents with ample opportunities for recreation and fitness.

Shree Siddheshwar Havelock in Sama Savli Road 

Address: Shree Siddheshwar Havelock, Opp. Bansal Mall, Vemali, Sama Savli Road, Vadodara 391740

Price: Rs. 50 Lakh - Rs. 1.2 Crore

Possession: 30 November 2027

Specifics: 

• BHK: 3, 4, 5 BHK
• Carpet Area: 1240 Sq Ft - 2790 Sq Ft
• No. of Units: 130
• No. of Towers: 3
• No. of Floors: 13

The Shree Siddheshwar Havelock project on Sama Savli Road is designed to offer comfort, security, and a fantastic lifestyle for its residents. Known for its exceptional designs and luxurious apartments, this housing development emphasises aesthetics, making it an attractive choice for homebuyers.

Residents can enjoy a life of grace and convenience with a range of amenities, including a party lawn, gazebo, yoga room, senior citizens' sitting area, and multipurpose hall. Additional features such as a swimming pool, study library, and mini theatre further enhance the living experience, offering ample opportunities for relaxation and entertainment.

Athashree Luxuria in Bhayli Road

Address: Athashree Luxuria, Near Nilamber Triumph Mall, Vasna Road, Bhayli Road, Vadodara 390015

Price: Rs. 55 Lakh - Rs. 65 Lakh

Possession: 30 March 2026

Specifics: 

• BHK: 3 BHK
• Carpet Area: 1260 Sq Ft - 1390 Sq Ft
• No. of Units: 72
• No. of Towers: 1
• No. of Floors: 13

Located on Bhayli Road, Athashree Luxuria offers modern apartments with exceptional designs, ensuring a holistic living experience for its residents. This residential project seamlessly combines functionality with aesthetic appeal, making it an ideal choice for contemporary homebuyers.

Spanning 0.61 acres, Athashree Luxuria features a variety of amenities, including a reflexology path, multipurpose hall, senior citizens' walking track, swimming pool, and cycle track, providing residents with a perfect blend of luxury and convenience. For safety and security, the project includes CCTV surveillance, fire-fighting systems, and smart locks.

NDD Stallion 72 in New Alkapuri

Address: NDD Stallion 72, Opp. Greenwood Bungalow, Iskcon Habitat Road, New Alkapuri, Vadodara 391101

Price: Rs. 1.65 Crore - Rs. 3.4 Crore

Possession: 30 June 2028

Specifics: 

• BHK: 4 BHK
• Carpet Area: 2345 Sq Ft - 4685 Sq Ft
• No. of Units: 72
• No. of Towers: 3
• No. of Floors: 12

NDD Stallion 72 is a contemporary residential project that redefines luxurious living. Spanning 1.42 acres, this housing development offers spacious living areas that seamlessly blend comfort with elegance.

The project features top-tier amenities, including a party lawn, acupressure pathway, gazebo, reflexology path, and multipurpose play court, providing residents with an elevated lifestyle in the vibrant city. Safety is a priority with fire-fighting systems, earthquake-resistant construction, 24/7 security, and CCTV surveillance, ensuring a secure living environment.

Shree Siddheshwar Happy Life in Manjalpur

Address: Shree Siddheshwar Happy Life, Opposite Safal Icon, Near Surya Dashan Township, Manjalpur, Vadodara 390011

Price: Rs. 55 Lakh - Rs. 70 Lakh

Possession: 30 September 2027

Specifics: 

• BHK: 3,4 BHK
• Carpet Area: 880 Sq Ft - 1080 Sq Ft
• No. of Units: 186
• No. of Towers: 1
• No. of Floors: 12

Shree Siddheshwar Happy Life in Manjalpur is an ideal choice for property investment in Vadodara, offering opulent apartments for those seeking a luxurious living experience.

Spanning 1.09 acres, this housing project provides a range of modern amenities, including a meditation zone, senior citizens' sitting area, jogging track, kids' play area, and indoor games, allowing residents to enjoy an advanced lifestyle. 

The well-designed interiors feature aluminium sliding windows, vitrified tile flooring, and Vastu-compliant layouts, with every detail reflecting a blend of style and care.

Risks and Challenges of Property Investment in Vadodara

• Real estate markets are about property rates and demand alterations at specific locations, ultimately affecting investment returns. Often, positive outcomes hinge on the location of the city.
• One of the greatest challenges is selecting the right property for investment and looking for maintenance to sustain the property's value.
• There can be numerous unexpected displacements in interest rates, property values, etc.