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Vadodara City Overview


... and construction company, Larsen & Turbo (L&T), seems to be ... Attractive Tax structure. Large immigrant white collar. population. High income levels ... – PowerPoint PPT presentation

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Title: Vadodara City Overview

Vadodara City Overview
(No Transcript)
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
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
Urban infrastructure
  • Well connected to major metros other cities
  • Roads
  • I st 4/6 lane National Express way linking
  • 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
  • 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)

Facts about Vadodara
  • Demographic
  • --------------------------------------------------
  • 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
  • --------------------------------------------------
  • 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
  • Economic
  • --------------------------------------------------
  • There are large number of medium and large-scale
    industries (MLI) in and around Vadodara employing

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
3. Real estate Scenario
Real Estate News
  • Reliance to acquire 800 acre land for University
    in Vadodara
  • --------------------------------------------------
  • 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
  • MORE hypermart open in Vadodara
  • --------------------------------------------------
  • 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
  • --------------------------------------------------
  • 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

Real Estate News(cont)
  • DLF to spend Rs. 400 Crore for Vadodara Project
  • --------------------------------------------------
  • 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
  • --------------------------------------------------
  • 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.

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
  • 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

Retail Medium to large format malls
  • 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
  • Residential Villas for Elite class
  • High rise apartments being planned
  • Mass Residential low cost housing
  • scemes

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

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
  • 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
  • height of the building, ground coverage, etc.

Thank You.