Hot Spots for Property Investment in Gorwa, Vadodara, Gujarat..!


Gujarat's Gorwa has a mix of residential & commercial properties, along with a number of restaurants, colleges & hospitals.

The Gorwa city lies on the the famous Bhailal Amin Road in Vadodara, which connects many towns in the district.

By 2015, Chief Minister Mr. Narendra Modi plans to build a foreign trade centre near Vadodara, the state’s largest theme park in Ajwa Garden, a township in Padra village, and make Gotri a satellite City.

Developed Residential Areas..!

Since Gorwa is 5 to10 km from these places, property rates in & around Gorwa are appreciating by 8 to 12 per cent every year.

Hence, it makes sense to buy a residential property now, and hold it for 3 or 4 years. By this time, property prices are expected to appreciate on the back of positive sentiments.

Vadodara, Vishvamitri &Goya Gate railway stations are within a about 7 km radius. The area attracts a lot of attention because of a centrally located lake.

Other developed residential areas around Gorwa are Gotri, Nizampura, Vishvamitri, Alkapuri, Old Padra Road, Vasna &Karelibaug.

The average cost of a residential space in Gorwa has increased to Rs. 4,000 a square feet from Rs. 3,200 last year (2011). A 350 square feet shop in Gorwa can fetch rent of Rs. 25,000 against Rs. 30,000 last year.

The Vadodara-Surat national highway is expected to be completed by the year-end (2012)

SrC: BS.
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