Vadodara’s rising real estate industry
Vadodara’s real estate market is booming at a fast pace and many new areas have been developed due to the presence of good infrastructure projects and adequate facilities. The city is welcoming many new upcoming integrated projects. No wonder these exciting and enterprising projects have caught the investor’s eye like never before!
When it comes to real estate, investors have seen unprecedented and huge returns in the last few years. The office and commercial property areas like Race Course Road, Old Padra Road, Sayajigunj and Alkapuri have seen a whopping price increase in the last few years.
Along with commercial properties, residential properties have seen a significant price appreciation of up to 40%. Residential property areas are foreseeing huge capital appreciation in areas like Fatehgunj, Vasna, Jetalpur, Gotri and Akota. This has led to developers investing in high-rise apartments, individual bungalows, penthouses and satellite towns.
Vadodara Urban Development Authority has signed many MOU’s with different construction companies for real estate projects including the establishment of residential segments, IT parks and office spaces around the city. Vadodara indeed as become a major realty destination!
Known as the cultural capital of Gujarat, Vadodara enjoys great advantages because of its strategic location which is one of the essential factors of a progressing real estate industry. The city will soon be home to the biggest IT park and soon would be listed amongst the cosmopolitan cities.
RESIDENTIAL – Housing segment of Vadodara has grown in leaps and bounds, particularly in the last couple of years. With the establishment of more manufacturing industry in the city and other rising industries, people who have migrated out in search of good job prospects are coming back. Many property developers in Vadodara are happy to welcome this progressive change. The bungalows since many years have been home to the elite class of the city and are now attracting the Non-Resident Gujarati’s (NRGs) as well.
RETAIL – For the past few years, retailing in Vadodara has been on a roll. Earlier it was not doing so well in the retail sector, however now it has left no stone unturned to catch up with the pace.
ESSPEE Group, a leading real estate company in Vadodara with more than 30 years of knowledge and experience in the real estate industry, it strives to deliver the best types of property in Vadodara. ESSPEE group works to cater to its customers’ demand.
We aim to transform every challenge into an opportunity, ESSPEE Group consists of dynamic and professional real estate developers who focus on quality and timely delivery with its utter perfection and expertise in the real estate industry.
ESSPEE Group is an unparalleled and fast-growing business entity that differentiates itself through innovation and value-driven business endeavours. We are a people-oriented organization representing the earnest energy of its individuals and rewarding challenges to all members of our team.
Innovation, excellence and commitment are the three hallmarks that ESSPEE Group stands for!