Overview of Halol, Vadodara

Location and Connectivity

• Halol is a municipality in Gujarat's Panchmahal district and lies roughly 40 kilometers from Vadodara.
• It connects to Vadodara through the Halol Vadodara Highway, which also heads towards the Vadodara Airport 36.3 kilometers away.

Industrial and Economic Profile

• This region is famous for its industrial boom. Notably, it hosts big companies like Sun Pharmaceuticals Industries, Nagarjuna Fertilizer, Murugappa Group, and CEAT Tyres in its Special Economic Zone (SEZ).

Real Estate Market

Property Prices

• Halol GIDC area starts at Rs. 2,469 per sqft for properties, with an average of Rs. 3,928 per sqft. Some top spots go up to Rs. 5,172 per sqft.
• Elsewhere in Halol, prices start at Rs. 4,500 per sqft with an average hovering around Rs. 5,068 per sqft.

Property Types and Sizes

• You’ll find residential properties like apartments, independent houses, and villas here. They range from 2BHK to 3BHK, with sizes going from 1215 to 1470 sq ft.

Ongoing and Upcoming Projects

• Today, Ashiana Housing is developing projects like the Navrang project already under construction.

Rental Market

• Rental prices in Halol range from Rs. 2,000 per month upwards. We have houses, villas, apartments, and builder floors for varying budgets.
• Examples of rental options are 1BHK, 2BHK, and 3BHK units, ranging from Rs. 4,500 to ₹25,000 per month based on locale and features.

Amenities and Infrastructure

• Halol boasts schools like MGM English Medium School, MS High School, Kalrav English/Gujarati School, Saraswati Vidya Mandir, and Nutan Kedavnu Trust School.
• Healthcare includes Amrut Multispecialty Hospital, Nene Clinic, Zainee Nursing Home, and Sterling Hospital.
• You’ll find branches of top banks such as the State Bank of India in this area.

Price Trends

• Property prices in Halol GIDC have dipped 7.75% in the past year.
• Elsewhere in Halol, a 15.03% year-over-year rollback was seen.

Factors to Consider

• Location: Distance from schools, workplaces, and medical centers.
• Neighborhood Safety: Verify the area’s safety and security.
• Rental Price and Lease Terms: Scrutinize the rental agreement and its expenses.
• Property Condition: Look for any maintenance concerns.
• Amenities: Evaluate the availability of parks, public transport, and shopping.

PropertyWala's Conclusion

Halol, from Vadodara, provides a mix of industrial and residential openings, making it a great spot for investors and end-users alike. With its connection to Vadodara and major industries, the area's appeal grows. However, prospective buyers and renters should weigh current price trends and property conditions before jumping in. Through careful consideration, Halol can lead to profitable and pleasant investment or living outcomes.