AREA RESEARCH REPORT ON VADODARA.JN VASNA-BHAYLI THE TRUSTED SOURCE OF INNOVATIVE REAL ESTATE SOLUTIONS

Transcription

1 AREA RESEARCH REPORT ON VADODARA.JN VASNA-BHAYLI THE TRUSTED SOURCE OF INNOVATIVE REAL ESTATE SOLUTIONS

2 THE SANSKARI-NAGARI AND SAYAJI-NAGARI 'VADODARA' Vadodara, which used to be known as Baroda, is the third largest city in the Western Indian State of Gujarat, after Ahmedabad and Surat. It is the administrative headquarters of Vadodara District and is located on the banks of the Vishwamitri river, southeast of Ahmedabad, 139 kilometres from the state capital Gandhinagar. The railway line and NH 8 that connect Delhi and Mumbai pass through Vadodara. As of 2011 Vadodara had a population of almost 2.2 million people. The city is the site of the Lakshmi Vilas Palace, the residence of the Maharaja of Baroda and the royal family; and his erstwhile Darbar. It is also the home of the Maharaja Sayajirao University of Baroda (Vadodara). An important industrial, cultural and educational hub of western India, the city houses several institutions of national and regional importance while its major industries include petrochemicals, engineering, chemicals, pharmaceuticals, plastics, IT and foreign exchange services amongst others. Vadodara has been selected as one of the hundred Indian cities to be developed as a smart city under Prime Minister Narendra Modi's flagship Smart Cities Mission. HISTORY The first recorded history of the city is that of the early trader settlers who settled in the region in 812 AD. The province was mainly Hindu-dominated with Hindu kings ruling until The Gupta Empire was the first power in the region in the early years of the Christian Era. After fierce battles, the region was taken over by the Chalukya Dynasty. Finally, the kingdom was annexed by the Solanki dynasty. By this time Muslim rule had spread across India, and the reins of power were then snatched by the Delhi Sultans. The city was ruled for a long time by these Sultans, until they were overthrown by the Mughals. The Mughals biggest problem were the Marathas who eventually took over the region. It became the capital of the Maratha Gaekwads. Sayajirao Gaekwad III ( ) made many public and bureaucratic improvements in the region. Although the British had a major influence on the region, Baroda remained a princely state until independence. Like many other princely states, Baroda also joined the Dominion of India in 1947.

3 ECONOMY Vadodara enjoys a special place in the state of Gujarat. Until the early 1960s Vadodara was considered to be a cultural and educational centre. The first modern factory (Alembic Pharmaceuticals) was established in Vadodara in 1907 and subsequently companies such as Sarabhai Chemicals, and Jyoti came up in the 1940s. In 1962, Vadodara witnessed a sudden spurt in industrial activity with the establishment of Gujarat Refinery and Indian Oil Corporation Limited at the nearby village of Koyali. Several factors like raw material availability, product demand, skillful mobilisation of human, financial and material resources by the government and private entrepreneurs have contributed to Vadodara becoming one of India's foremost industrial centres. The discovery of oil and gas in Ankleshwar and Bharuch led to the industrial development of Gujarat in a big way. The Vadodara region is the largest beneficiary in the process of this industrialization. In Vadodara various large-scale industries such as Gujarat State Fertilizers & Chemicals (GSFC), Indian Petrochemicals Corporation Limited (IPCL, now owned by Reliance Industries Limited) and Gujarat Alkalies and Chemicals Limited (GACL) have come up in the vicinity of Gujarat Refinery and all of them are dependent on it for their fuel and feedstock. Other large-scale public sector units are Heavy Water Project, Gujarat Industries Power Company Limited (GIPCL), Oil and Natural Gas Corporation (ONGC) & Gas Authority of India Limited (GAIL). In addition to these public sector enterprises, a number of other large-scale enterprises have come up in the private sector such as Bombardier Transportation,[18] a Canadian company manufacturing the Delhi Metro from its site in Savli along with other manufacturing companies such as Alstom, Areva, Mahindra, Apollo, Thermax, Siemens etc.[citation needed] Vadodara is also taking big leaps in Service Industry along with the aforementioned manufacturing companies. L&T has established "Knowledge City" at Waghodia. Recently MasterCard opened its tech hub at the city. EDUCATION Baroda is synonymous with education. The patronage of education started with Maharaja Sayajirao and the city has built further on the academic infrastructure established by him. The present educational foundation rests on over 20 public schools and over 100 private schools. Towering benevolently over all is the Maharaja Sayajirao University, the jewel in the Baroda crown, so to speak. MSU is the only university in Gujarat with English as the medium of instruction. It has 13 faculties and 17 residential hostels, 4 of them for women students. The university caters to over 35,000 students.

4 THE PEOPLE & CULTURE The people of Baroda like to tell visitors that their city is a 'Sanskari Nagari', that is, a 'cultured city'. By and large, the visitors agree. The city does indeed have rich cultural traditions. And today's Barodians have quite a full and hectic cultural life throughout the year. The outstanding trait about Baroda's cultural life is that it is remarkably cosmopolitan. And while there are hundreds of different identities, everyone participates in all activities. So, the culture of the city is not just history or heritage; it is dynamic, ever-changing and alive. Yes, Baroda is one of India's most cosmopolitan cities. Thanks to the vision and broadmindedness of the Gaikwads, the subsequent industrialization, the proliferation of academic activities and a strategically important geographical location, Baroda has welcomed a wide variety of people from all over India and also from all over the world. More or less every Indian community has an active identity in this city. And this happy co-existence is reflected in the social and cultural life of the people. In all of this, the sprawling and cosmopolitan MS University campus and the large number of local, national and foreign industries act as a catalysing and unifying force. The average Barodian is open to the world and overflowing with hospitality, as the history and growth of the city aptly testify. If you want to see Baroda's cultural enthusiasm, you should visit this city during any festive occasion like Navratri, Diwali, Ganesh Chaturthi, Id, New Year, Uttarayan, Holi, Campus Fun Fairs, etc. On any given day, some cultural activity or the other is going on in the city. Classical music and dance (Garba) have their patrons, and so does the modern stage and pop culture. The culture and the traditions are both alive and being forever experimented with.

5 ABOUT VASNA BHAYLI The area is located at western part of the city. The area becomes one of the rapidly developing areas of the city. Vadodara Urban Development Authority is developing the basic infrastructure such as wide roads, drainage, power supply, public amenities etc.the area is strategically located because of its nearby connectivity with the developed area such as Alkapuri, Sayajigunj, Old Padra road which become a central hub of Vadodara. The residential real estate demand at Vasna-Bhayli also benefitted by nearby industrial developments at Manjalpur. The area is peaceful and eco-friendly for living with available basic necessity such as shopping center, banks, schools, hospitals, religious places nearby.there are many developers are contributing in development of the area by developing residential as well as commercial projects with better amenities and facilities. The real estate development attracts apartments, bungalows/villas, commercial spaces.

6 VASNA BHAYLI CONNECTIVITY 6 KMS (15 MIN) 10 KMS (20 MIN) BUS STATION - 6 KMS (15 MIN) BANKS SBI ICICI AXIS Bank IOB HDFC BOB PNB KOTAK Mahindra HOSPITALS Shishu Hospital Shree Hospital & Maternity Vanya Children Hospital Fine Feather Dental Clinic Advanced Eye Care Clinic PUBLIC PARKS Garden & Lake

7 VASNA BHAYLI CONNECTIVITY SHOPPING D-Mart - 0 Km Bansal Mall - 0 Kms Vadodara Central Mall - 5 Kms Inorbit Mall - 5 Kms SCHOOLS Bright Day School Navrachana International School Saint Kabir School UNIVERSITY Navrachna University 0 Kms M.S.University 6 Kms RELIGIOUS PLACES Iscon Temple Shree Swaminarayan temple Haribhakteshwar Mahadev Temple Panchamukhi Hanumanji Temple HOTEL AND RESTAURANTS Geeta Restaurant Dominos Subway Pizza Planet

8 VASNA BHAYLI LIVABILITY No of Establishments Educational Infrastructure (Nos)** 4 Establishment Name Bright day school, Navrachana International school, Saint Kabir School, Navrachna University Banks (Nos) Commercial/Government Offices (Nos) ATMs (Nos) Hotels/ Restaurants (Nos) 8 2 >8 4 SBI, ICICI, AXIS Bank, IOB, HDFC, BOB, PNB, KOTAK Mahindra Mascot Dynamics, Muthoot Finance SBI, ICICI, AXIS Bank, IOB, HDFC, BOB, PNB, KOTAK Mahindra Geeta Restaurant, Dominos, Subway, Pizza Planet Supermarkets (Nos) 1 D-Mart Clubs/ Associations (Nos 1 Shakti Green & Banquet Hospitals (Nos) High Street Shopping/ Malls (Nos) >5 3 Shishu Hospital, Shree Hospital & Maternity, Vanya Children Hospital, Fine Feather Dental clinic, Advanced Eye care clinic Bansal Mall, Vadodara Central Mall, Inorbit Mall Distance from the Airport (Kms) 10 KMS Public Spaces 1 Travel Infrastructure (Nos) 1 VMSS * Roads, Railways and Metro

9 VASNA BHAYLI PRICE MOVEMENT Market Trends - Capital Value 3500 Rs. Per Sq. Ft Oct. - Dec. 15 Jan. - March 16 Quarters Upper Range Average Range Market Trends - Rental Value 12 Rs. Per Sq. Ft Oct. - Dec. 15 Jan. - March 16 Quarters Upper Range Average Range Source: Coldwell Banker Gujarat The Bhayli-Vasna has nominal price movement due to overall market stagnancy.

10 VASNA BHAYLI A FEW REAL ESTATE PLAYERS

11 PROJECT SNAPSHOT PROJECT BUILDER PROJECT NO. OF SALEBLE AREA TICKET SIZE FEATURES TYPE BEDROOMS (IN SQ.FT ) (APPROX BASIC VALUE in INR) Mangla Majesty Mangla Group Residential 3/4 BHK Lac Cr Apartment Club House, Swimming Pool, Table Tennis, Pool Table, Gymnasium, Garden, Common Water Softening Plant, C.C.T.V. Camera For Security Madrid County Pacifica Residential 2/3/4 BHK Lac, -Sun Lucas Companies Apartment Lac, Lac Swimming Pool, Splash Pool, Gymnasium, Meditation Hall, Home Theater, Multipurpose Courts (Indoor / Outdoors Games) Cafeteria, Cards Room, Library Sangani Sky Sangani Residential 2/3 BHK Lac Infrastructure Apartment Earth Artica Earth Group Residential 2/3 BHK Lac -Beacon Realty Apartment Garden, Children Play Area, Club House, Indoor Games, Home Theater, Swimming Pool Swimming Pool, Multi Purpose Hall, Home Theater, Garden, Children Play Area, Club House, Gymnasium, Game Room, Yoga Room Synnove Sky seven Residential 3/4 BHK Lac Palladium Infratech (P) Ltd Apartment Meditation / Yoga Hall, Multi Purpose Hall, Swimming Pool, Gymnasium, Children Play Area, Mini Theater, Video Door Phone, CCTV Security, Water Softener Plant

12 PROJECTS ON FOCUS MANGLA MAJESTY Project Type : 3/4 BHK Residential Apartment Location : Vasna Bhayli Road,bhayali,vadodara Area : 1740 To 3460 Sq.ft No. of Floors : 10 Total Units : 63 Amenities : Club House, Swimming Pool, Table Tennis, Pool Table, Gymnasium, Garden, Common Water Softening Plant, C.C.T.V. Camera For Security Ticket Size : 61.6 Lac & 1.25 Cr Possession : JANUARY 2018 About Developer : Started in the early 80s with the objective of developing projects in the housing sector, Mangla Group has grown in terms of size, business and stature to become a well known and reputed business house in the real estate development industry.

13 PROJECTS ON FOCUS MADRID COUNTY- SUN LUCAS Project Type : 2/3/4 BHK Residential Apartment Location : Vasna Bhayli Road, Nr. Swaminarayan Temple, Bhayali, Vadodara Area : 1289/ 1554/ 2366 Sq. Ft No. of Floors : 12 Total Units : 336 Amenities : Swimming Pool, Splash Pool, Gymnasium, Meditation Hall, Home Theater, Multipurpose Courts (Indoor/Outdoors Games), Cafeteria, Cards Room, Library Ticket Size : Lac / Lac / Lac Possession : December 2016 About Developer: Pacifica companies started its Indian operation in , with the head office in Ahmedabad & regional offices in New Delhi, Bangalore, Hyderabad and Chennai. These offices are well poised to meet their vision of establishing a national leading position in the real estate industry, spanning the spectrum of all real estate development. Pacifica brings along with itself 30 years of experience in real estate to India.

14 PROJECTS ON FOCUS SANGANI SKY Project Type : 2/3 BHK Residential Apartment Location : Bhayli Road,vadodara Area : 1102/1482 Sq.ft No. Of Floors : 12 Total Units : 240 Amenities : Garden, Children Play Area, Club House, Indoor Games, Home Theater, Swimming Pool Ticket Size : 28 To 40 Lac Possession : December 2016 About Developer: 'SANGANI GROUP' involved in diverse business interests ever since its inception in The group has always believed in creating a different experience to its clients and consumers in real estate, infrastructure development, consumer products, engineering products and services, Education, hospitality, mining and mineral products.

15 PROJECTS ON FOCUS EARTH ARTICA Project Type : 2/3 BHK Residential Apartment Location : Opp. Hanumanji Temple, Vasna-bhayli Road, Vadodara Area : 1000/1280 Sq.ft No. of Floors : 5 Total Units : 318 Amenities : Swimming Pool, Multi Purpose Hall, Home Theater, Garden, Children Play Area, Club House, Gymnasium, Game Room, Yoga Room Ticket Size : 30 Lac To 39 Lac Possession : December 2018 About Developer: Since 1998, the Earth Realty Group has been realizing the dreams of scores of home seekers in Vadodara, the most cosmopolitan & cultured city of Gujarat. Their journey started not with an intention of doing business, but as a responsibility to make affordable homes available to one and all.. It is their vision to create state-of-the-art homes that inspire peaceful living.

16 PROJECTS ON FOCUS SYNNOVE PALLADIUM Project Type : 3/4 BHK Residential Apartment Location : Near Crystal Arc, Essar Petrol Pump Lane, Tp-2, Vasna-bhayli Road, Vadodara Area : 1750 To 3500 Sq.ft No. of Floors : 12 Total Units : 138 Amenities : Meditation/yoga Hall, Multi Purpose Hall, Swimming Pool, Gymnasium, Children Play Area, Mini Theater, Video Door Phone, CCTV Security, Water Softener Plant Ticket Size : 49 Lac To 98 Lac Possession : December 2017 About Developer : Skyseven Infratech Pvt. Ltd., a name that invokes trust, reliability and class. A name that has made its mark by shaping some of the most distinguished Industrial, Commercial & Residential Projects in Gujarat. A firm commitment towards completion of projects and a progressive outlook are hallmark of this group.

17 COLDWELL BANKER GUJARAT PERSPECTIVE The area is strategically located near the center of the town and better place for eco-friendly as well as peaceful leaving which attracts the people to buy the property there. The area becomes more comfortable for living because of easy availability of banks, schools, shopping center, hospitals and religious places nearby. With the infrastructure developments that are planned in the area and given the current government's emphasis on speeding infrastructure projects, we expect the rates in this area to further improve in the coming years. Vasna-Bhayli becomes one of the the rapidly developing area in terms of real estate developments.many well known developers are developing their projects in the area. The upcoming projects in the area are equipped with necessary safety and recreation facilities, making it more attractive for the end users and investors. 43 COUNTRIES AGENTS OFFICES GLOBALLY Confidential report March Coldwell Banker Gujarat Property of Coldwell Banker Gujarat. Made for Coldwell Banker Gujarat Franchisees. DISCLAIMER This Report is produced for general interest only; it is not definitive and is not intended to give advice. It must not be relied upon in any way, although high standards have been used in the preparation of the information, analysis and views presented in Report. Source: Wikipedia, Magic Bricks, Google maps

18 COLDWELL BANKER GUJARAT Office No. B , Mondel Square, Nr. Iskon Elegance, Prahladnagar Cross Road, SG Highway, Ahmedabad Boardline: / info.gujarat@coldwellbanker.in Web: FOLLOW US ON: Coldwell Banker Franchisees are independently owned and operated, and are separate and apart from Realogy and Coldwell Banker Real Estate LLC; they are not involved or responsible for the construction, money payments/collection or completion of the Real Estate Developments. All properties are offered through the Coldwell Banker Franchisees only.