The GIDC (Gujarat Industrial Development Corporation) Industrial Area in Vadodara stands out as a leading destination for industrial and commercial real estate investments. Let's break down some vital points from a real estate standpoint.

Location and Accessibility

Situated close to important infrastructure like National Highway 8, the area is perfect for industrial projects. Its accessibility and connectivity make it stand out. Properties here are near key industrial hubs including Savli GIDC, Manjusar GIDC, and other important industrial zones.

Property Prices and Trends

The average property price per square foot is around Rs. 3,503, suggesting a stable market. There's been a 3.8% dip in property rates over the past year, which may signal an opportune time to invest or buy.

Available Properties

This area has countless industrial plots and lands, from smaller ones around 2,000 to 4,000 square feet to larger ones up to 297,000 square feet. Many properties come equipped with amenities like compound walls, borewells, and electricity connections, ready for immediate use.

Infrastructure and Amenities

The region features good infrastructure, including paved roads, stable three-phase electricity, and borewells. Some properties also offer added benefits like pump houses and drip irrigation systems, perfect for specific industrial requirements.

Booking and Allotment Prices

Prices for allotment vary widely based on the estate location within GIDC. For instance, Dhandhuka offers properties at Rs. 650 per square meter, while Behrampura can reach up to Rs. 8,050 per square meter. Booking amounts can range from ₹1 lakh to ₹50 lakhs, depending on plot size and location.

PropertyWala's Insight

Buying or renting a property in the GIDC Industrial Area? It’s worth noting its key benefits such as close proximity to major highways and established industrial infrastructure. With the market trending slightly downward in property rates, now seems like a smart move for investment. The vast range of plot sizes and amenities helps cater to various industrial needs. Ultimately, the GIDC Industrial Area provides a solid and encouraging environment for industrial activities, making it a great choice for both investors and potential users.