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

VADODARA.JN VASNA-BHAYLI - Coldwell Banker Gujaratgujarat.coldwellbanker.in/.../reports/Area-Report-Vasna-Bhayli.pdf · VASNA-BHAYLI. THE SANSKARI-NAGARI ... The discovery of oil

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AREA RESEARCH REPORT ON

THE TRUSTED SOURCE OF INNOVATIVE REAL ESTATE SOLUTIONS

VADODARA.JN

VASNA-BHAYLI

THE SANSKARI-NAGARI AND SAYAJI-NAGARI 'VADODARA'

HISTORY

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.

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 1297. 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 (1875–1939) 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.

ECONOMY

EDUCATION

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.

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.

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.

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.

BANKS

SBI

ICICI

AXIS Bank

IOB

HDFC

BOB

PNB

KOTAK Mahindra

PUBLIC PARKS

·Garden & Lake

HOSPITALS

Shishu Hospital

Shree Hospital & Maternity

Vanya Children Hospital

Fine Feather Dental Clinic

Advanced Eye Care Clinic

VASNA BHAYLI –CONNECTIVITY

6 KMS (15 MIN) 10 KMS (20 MIN) BUS STATION - 6 KMS (15 MIN)

VASNA BHAYLI –CONNECTIVITY

SHOPPING

D-Mart - 0 Km

Bansal Mall - 0 Kms

Vadodara Central Mall - 5 Kms

Inorbit Mall - 5 Kms

RELIGIOUS PLACES

Iscon Temple

Shree Swaminarayan temple

Haribhakteshwar Mahadev Temple

Panchamukhi Hanumanji Temple

SCHOOLS UNIVERSITY

Bright Day School

Navrachana International School

Saint Kabir School

Navrachna University – 0 Kms

M.S.University – 6 Kms

HOTEL AND RESTAURANTS

Geeta Restaurant

Dominos

Subway

Pizza Planet

VASNA BHAYLI – LIVABILITY

Educational Infrastructure (Nos)** 4

8Banks (Nos)

ATMs (Nos)

Hotels/ Restaurants (Nos)

Supermarkets (Nos)

Clubs/ Associations (Nos

Hospitals (Nos)

No ofEstablishments

Bright day school,

Navrachana International school,

Saint Kabir School,

Navrachna University

SBI, ICICI, AXIS Bank, IOB, HDFC,

BOB, PNB, KOTAK Mahindra

2Commercial/Government Offices (Nos)Mascot Dynamics,

Muthoot Finance

>8SBI, ICICI, AXIS Bank, IOB, HDFC,

BOB, PNB, KOTAK Mahindra

4

Geeta Restaurant,

Dominos, Subway,

Pizza Planet

1 D-Mart

1 Shakti Green & Banquet

>5

Shishu Hospital, Shree Hospital & Maternity,

Vanya Children Hospital, Fine Feather

Dental clinic, Advanced Eye care clinic

3Bansal Mall, Vadodara Central Mall,

Inorbit MallHigh Street Shopping/ Malls (Nos)

10 KMSDistance from the Airport (Kms)

1Public Spaces

1 VMSSTravel Infrastructure (Nos)

Establishment Name

* Roads, Railways and Metro

VASNA BHAYLI – PRICE MOVEMENT

Oct. - Dec. 15

Quarters

3500

3300

3100

2900

2700

2500

Market Trends - Capital Value

Rs.

Per

Sq.

Ft.

Jan. - March 16

Upper Range Average Range

Source: Coldwell Banker GujaratThe Bhayli-Vasna has nominal price movement due to overall market stagnancy.

Oct. - Dec. 15

Quarters

12

11

10

9

8

Market Trends - Rental Value

Rs.

Per

Sq.

Ft.

Jan. - March 16

Upper Range Average Range

VASNA BHAYLI – A FEW REAL ESTATE PLAYERS

PROJECT SNAPSHOT

PROJECT BUILDER PROJECT NO. OF SALEBLE AREA TICKET SIZE FEATURES

VALUE in INR)

TYPE BEDROOMS (IN SQ.FT ) (APPROX BASIC

Mangla Majesty Mangla Group Residential 3/4 BHK 1740-3460 61.6 Lac -1.21 Cr

Apartment

Madrid County Pacifica Residential 2/3/4 BHK 1289 34.80 Lac,

-Sun Lucas Companies Apartment 1554 41.95 Lac,

2366 63.88 Lac

Sangani Sky Sangani Residential 2/3 BHK 1102-1482 28-40 Lac

Infrastructure Apartment

Earth Artica Earth Group Residential 2/3 BHK 1000-1280 30-38.5 Lac

-Beacon Realty Apartment

Synnove Sky seven Residential 3/4 BHK 1750-3500 49-98 Lac

Palladium Infratech (P) Ltd Apartment

Club House, Swimming Pool, Table Tennis, Pool Table, Gymnasium, Garden, Common Water Softening Plant, C.C.T.V. Camera For Security

Swimming Pool,Splash Pool, Gymnasium, Meditation Hall, Home Theater, Multipurpose Courts (Indoor / Outdoors Games) Cafeteria, Cards Room, Library

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

Meditation / Yoga Hall, Multi Purpose Hall, Swimming Pool, Gymnasium, Children Play Area, Mini Theater, Video Door Phone, CCTV Security, Water Softener Plant

PROJECTS ON FOCUS

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.

MANGLA MAJESTY

PROJECTS ON FOCUS

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 : 34.80 Lac / 41.95 Lac / 63.88 Lac

Possession : December 2016

About Developer:

Pacifica companies started its Indian operation in 2004-05, 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.

MADRID COUNTY- SUN LUCAS

PROJECTS ON FOCUS

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 1987. 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.

SANGANI SKY

PROJECTS ON FOCUS

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.

EARTH ARTICA

PROJECTS ON FOCUS

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.

SYNNOVE PALLADIUM

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.

Confidential report March © Coldwell Banker Gujarat 2016. 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

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