Vadodara City Overview

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Vadodara City Overview
www.barodarealty.com
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Vadodara amongst top 11 Cities
Consultancy firm Emst Young in its recent city
ranking exercise has identified 11 New markets
categorised as B cities , which hold maximum
potential for investors and Named six cities
including Surat, Chandigarh , Nagpur ,
Vishakhapatnam, Vadodara and Jaipur as the
emerging cities.
I. Vadodara City at glance
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Vadodara City
Geographical Location Localted 2330 N 73 19
East Area 138 Sq Km Altitude 35.5 Mts.Above
Mean Sea Level Distance from Mumbai 442
Km Distance from Delhi 1039Km Distance from
Ahmedabad 110Km
Climate Temperature
Maximum 45 Deg C Minimum 10 Deg C Avg. annual
rainfall 93I mm
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Linkages
Urban infrastructure

• Well connected to major metros other cities
  by
• Roads
• I st 4/6 lane National Express way linking
  Ahmedabad
• and Gateway to the Golden Corridor
• National State Highways
• State government run buses ply to the
• neighbouring states of Maharashtra , Madhya
• Pradesh and Rajasthan.
• Within Gujarat , Vadodara is connected to
• Ahmedabad, Surat and Bhavnagar by regular
• roadways buses and delux air conditioned
  coaches.
• Other extensive district roads

• Rail
• major broad guage rail junction for passengers
  freight, would be a port on proposed New Delhi
  Mumbai dedicated Freight Corridor Project
• Major broad guage rail between Mumbai
• Ahmedabad Mumbai Delhi
• Narrow guage rail junction
• Air
• A model domestic airport (National award)

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Facts about Vadodara

• Demographic
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• Pupulation Vadodara Urban Agglomeration is the
  18th largest in india with a population of 1.5 Mn
  as per
• 2001 Census. Present population 2.0 Mn
• Literacy Ratio Literacy 71.11 of total
  population (males 76.21 females 65.41) which
  is higher than
• national average
• Majority of Population Hindus 84.62
• Language official language Gujarati, Hindi,
  Marathi and English widely spoken.
• Political
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• Maharaja Sayajirao University (MSU) , the jewel
  in the Vadodara crown, is the Ist university in
  Gujarat with
• English as the medium of instruction.
• The city is popularity known as Banyan City
  and was capital of erstwhile Baroda State, one of
  the most
• porgressive and richest state of British
  India.
• Economic
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• There are large number of medium and large-scale
  industries (MLI) in and around Vadodara employing
  around

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Facts about Vadodara (Cont.)
Literacy rate of 70 which is higher than the
national average
The city workforce is multi cultural with people
form different regions, the only cosmopolitan
city of Gujarat.
Indias 5th highest per capita income.
Total population of Vadodara Urban Agglomeration
is over 2.0 Million
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3. Real estate Scenario
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Real Estate News

• Reliance to acquire 800 acre land for University
  in Vadodara
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• Reliance Industries Limited is all set to
  acquire around 800 acre at Jaspur, on the
  outskirts of Vadodara for its
• proposed university project. The proposed
  university is expected to churn out 10,000
  graduates every year.
• Apart from Management and Information
  Technology , the university would offer multiple
  courses.
• MORE hypermart open in Vadodara
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• Kumar Mangalam Birla, Chairman, Aditya Birla
  Group, launched its first Hypermarket, more , a
  megastore in
• Vadodara. This hypermart Megastore, spread
  over an area of 1,00,000 sq. ft., is located at
  Padmatex Mill
• Compound, Near Lalbaug crossing, Manjalpur,
  Vadodara and will remain open from 830 a.m. to
  1000 p.m.
• seven days a week.
• Low rentals bring BPOs to Vadodara
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• Having to cut down operation costs in the wake
  of sub-prime cirsis, a number of companies are
  turning not only
• to Ahmedabad but also to Vadodara in a big
  way. While the Ahmedabad Gandhinagar cluster
  stands out as the
• premier IT ITeS hub in the state with more
  than 360 companies including TCS, Mphasis, Aegis,
  Satyam and
• Patni, Vadodara could well be the next IT hb
  of the state. The signs are already visible. As
  per the latest CII

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Real Estate News(cont)

• DLF to spend Rs. 400 Crore for Vadodara Project
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• DLF Retail, a part of the DLF Group, is going to
  invest Rs. 400 crore in its next project at
  Vadodara where it will
• develop a 5 Star Hotel as well as a
  Mall-cum-Multiplex at the land occupied at
  Ambalal Sarabhai campus.
• L T to hire 8,000 professionals for Vadodara
  Technology Park
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• Indias leading engineering and construction
  company, Larsen Turbo (LT), seems to be
  betting big on
• Vadodara. company will literally go on a
  hiring spree as it plans to recruit around 7,000
  to 8,000 professionals,
• mainly engineers, by the year 2010 for its
  technology park at Vadodara.

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Real Estate Trends - Vadodara
Witnessing high real estate activities in -
Commercial sector IT/ITES
____________________________

• National Real Estate Developers Corporate
  Houses are planning
• To come up with IT SEZs IT Parks, some of them
  are
• For SEZs
• Sterling Bio-tech
• Maxiis

• Hospitality
• Luxury Hotels
• Hyatt
• Marriott
• Budget Hotel
• Ginger Hotels
• Berggruen Holdings
• Quality Inn
• Accor Group
• Carlson

• Technology, Knolwledge Research Parks
• L T
• SABIC

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Vadodara
Retail Medium to large format malls
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ADVANTAGE VADODARA

• Retail
• Pantaloon
• Reliance Retail
• Seven Seas
• Big Bazaar
• Inorbit by K. Raheja Corp
• Aditya Birla Group More
• Spenser Hypermart by RPg retail

• Supportive State Government
• Rapid Economic growth
• Attractive Tax structure
• Large immigrant white collar
• population
• High income levels
• Faster approvals
• Property appreciation,
• regional investment
• center for real estate
• Modern and cosmopolitan Lifestyle
• Pleasant weather conditions

Residential All types
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• Residential Villas for Elite class
• High rise apartments being planned
• Mass Residential low cost housing
• scemes

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Commercial Rates
Real Estate Rates quoted are for independent
buildings/complexes,which are not representative
of rates applicable to an integrated development.
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Residential Property Rates
Real Estate Rates quoted are for independent
buildings/complexes, which are not
representative of rates applicable to an
integrated development.
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Why Vadodara
STRENGTHS
DRIVERS
LINKAGES

• Agro markets
• Research Training
• Educational centers
• Urban Infra
• Transport

• Infrastructure dev
• Industrial parks, SEZ
• for chemicals, Biotech.
• Agro products
• Medical Tourism hub

• Educational hub
• Affordable Real Estate
• Rich Cultural heritage

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Driving factors

• Presence of a number of
• MNCs
• large industrial house
• ancillaries
• Skilled human resource
• Good domestic connectivity and international
• connectivity through Ahmedabad
• Low cost Real Estate Economical living
  conditions
• Government Policies Incentives
• Special Economic Zones encouraged by
• Government of Gujarat with faster
• clearances incentives
• Special node/ zone created by VUDA
• to encourage industry with incentives on
  FSI/FAR,
• height of the building, ground coverage, etc.

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Thank You.