By Accommodation Times (www.accommodationtimes.com)
By Nawaz Sayyed
We always desire to find out inner bliss, and seeking a retreat from the daily hectic schedule, mundane life. A place where you could relax, rejuvenate and experience life as a celebration.
A place where the elderly, the youth & the young one’s find solitude, Vadodara is ready to make reality your dreams.
As in the current scenario Gujarat has witnessed of huge growth in real estate sector. However, Indian real estate sector is not doing well from last couple of years due to high rise in property prices as well as home loan rates.
Contrary to this in Gujarat there is upsurge in housing demands. To fulfill the housing demands thousands of new projects are coming with affordable prices, particularly Vadodara the seventh largest city of India now has become the second fastest city across the country in development sector.
The city is flamboyant for its vibrancy and an attitude of celebrating life along with its spirit of entrepreneurship. A rising centre of education, information technology and scientific industries, Vadodara remains the cultural and commercial heart of Gujarat and much of western India. It is proving to be an ideal city for acquiring residential and commercial property due to excellent infrastructure that the city has and the kind of facility it offers.
The city, bestowed with all the features essential and ideal for growth, has seen some major developments take place. Key projects in the form of SEZs, hotels, integrated townships, gated communities as well as specialty townships such as financial products, townships and IT corridors have come up in a big way. The city is well connected, internally as well as externally through its elaborate transit systems, adding to its commercial value.
The contemporary state of real estate sector in Vadodara is increasing day to day even more in the near future. Moreover, real estate market in Vadodara offers a mix of product categories comprising of residential apartments, bungalows, twin bungalows, row houses, plotted schemes, farm houses, commercial as well as retail spaces.
The citizens of Vadodara are dreaming of “Swarnim Gujarat” Golden Gujarat and it will be reality as soon as Narender Modi’s vision for 2015 – BARODA will be completed.
Narender Modi’s vision for 2015 – BARODA comprises the following projects:
> Silicon City coming up in Vagodiya towards Hwy NH8,
> Fabulous City Model houses displayed in ASSEMBLY – Gujarat on June 1, 2006
> Vadodara reaching for sky. It’s an 89 storey tower in SAYAJIGANJ Near Vishwamitri
> Area Satellite City in Vasana Gotri road
> Fertilizer Nagar Industrial Town with New City Model, 5 Km from Chhani
> New Township in Padra Village , 20 KM from Vadodara,
> Foreign Trade Center , HarniRoad, 7 Km from Vadodara,
> Film Nagar (city) at Ajwa Road , latest movie industry,
> World Tourist Place & Culture City , coming up in Ajwa-Nimeta Road,
> Gujarats’ Largest Theme/Amusement Park in Ajwa Garden, to be completed by 2015
> Childrens’ Park in near Kamatibaugh,prestigious project given to Switzerland to build
Comparatively with other metro cities property prices in Vadodara are still reasonable and affordable housing for Aam Admi is not a dream but reality.
Apart from the Narendra Modi’s Vision-2015 there are also several proposed projects will enhance the growth of region.
Proposed Infrastructure Projects:
> An investment of INR 19 billion (USD 452 million) is proposed under Jawaharlal Nehru National Urban infrastructure projects in the city.
> Ring Road development is envisaged to be completed by 2010.
> A Bus Rapid Transit System (BRTS) is proposed to enhance existing public transport system.
> The Vadodara- Surat National Highway is expected to be completed by 2012.
> Vadodara airport is proposed to be developed as an “Aircraft Maintenance Hub” for the western part of India.
As far as transport and parking system concerns the city has three flyovers and railways under bridges each. The river Vishwamitri has 11 bridges interconnecting the city areas. The road network within the city is well developed in almost 70% of the area and caters to around 80% of the city’s total population. More than 80% of the roads are surfaced of which most of them are black topped while 19% of the roads are earthen.
Also, the increased vehicular population has resulted in increased vehicular traffic on the roads. The major roads and intersections experience traffic congestion during peak hours.