Strategic Placement Fuels Market Evolution
AIIMS Rajkot's permanent campus at Khanderi-Parapipaliya has become a major driver for residential market growth since starting in December 2020. The 200-acre medical complex, built for Rs 1,195 crore, sits strategically between Khanderi dam reservoir and key irrigation infrastructure.
Infrastructure Boosts Property Demand
RUDA's approval of a 300-foot-wide, 10-kilometer road linking Rajkot city directly to AIIMS marks a transformative infrastructure investment. This connectivity upgrade, budgeted at Rs 703 crore for 2020-21, has sparked immediate interest from property developers and investors.
The proposed Town Planning scheme covering 320 hectares around AIIMS will rezone agricultural areas into residential and commercial zones. Such zoning changes usually lead to 200-400% land value appreciation within 2-3 years.
Housing for Healthcare Workers Drives Steady Demand
With 750 hospital beds and 125 medical college seats, AIIMS Rajkot employs hundreds of doctors, nurses, and support staff. The campus includes on-site hostels and faculty residences, but there's still significant demand for external housing.
Property developers are responding with:
- Affordable housing projects for hospital staff
- Apartments with modern amenities such as gated communities, advanced security systems, and fitness clubs for senior doctors
- Service-oriented accommodations near the 13-kilometer airport corridor
Investment Potential and Market Forecasts
The medical hub's proximity to major transport links, 14km from the railway station, 15km from the bus terminal, positions the surrounding areas for sustained growth. Early investors in the Parapipaliya village vicinity have seen 150-250% returns since the foundation stone was laid in 2020.
Future expansion plans for the eastern campus sections will likely keep property values on the rise, making this corridor a strong long-term investment destination.