Overview of Bill, Vadodara

Location and Connectivity

• Situated strategically in Vadodara, Bill provides excellent connectivity to major parts of the city. Its proximity to the Vadodara Railway Station and Airport is ideal for frequent travelers.
• This area is linked to reputed schools, colleges like Navrachana School, and Parul University, alongside leading hospitals such as Sterling Hospital and Bhailal Amin General General Hospital.

Property Prices

• Properties start at Rs. 2,016 per sqft, with an average price of Rs. 3,644 per sqft. The top-tier prices can go up to Rs. 5,266 per sqft.
• Compared to local areas in Vadodara, Bill's property prices remain more affordable.

Types of Properties

• Bill offers a range of property choices, including 1BHK, 2BHK, and 3BHK flats, plots, and ready-to-move villas.
• These properties usually come with modern features like gyms, swimming pools, and clubhouses.

Infrastructure Development

• Bill has undergone significant infrastructure development, with wide roads and accessible public transport like buses and auto-rickshaws.
• People enjoy stable power and water supply, alongside several shopping centers, supermarkets, and recreational spots.

Real Estate Investment Potential

• Bill attracts investors with entry-level prices and lower costs compared to other parts of Vadodara.
• There’s high rental property demand, driven by professionals in nearby industrial and IT zones, leading to a good rental yield.
• The area shows promising growth due to ongoing developments and government plans, suggesting further price increases.

Government Initiatives and RERA Compliance

• Gujarat's government launched affordable housing projects in Bill. These projects comply with RERA, ensuring transparency and accountability in transactions.

Notable Residential Projects

• Noteworthy projects in Bill include:
  • Skyline Residences: 2BHK and 3BHK flats, complete with landscaped gardens and gyms.
  • Green Valley Villas: Independent villas in a gated community with 24/7 security and private gardens.
  • Dream Heights Apartments: Affordable flats with modern amenities.

Price Trends

• Property rates in Bill dropped by 19.34% in the last year, which might be a great time for buying or selling.

PropertyWala's Conclusion

Bill, Vadodara, stands out as an excellent option for buyers and investors, thanks to its strategic location, cheap property prices, and excellent infrastructure. The area’s growth potential and government initiatives, including RERA compliance, make it a top choice for those wanting affordable yet modern living. This area is ideal whether you're a first-time buyer or an investor.