Overview of Manjalpur in Vadodara

Manjalpur, in Vadodara, stands out as a much-coveted area for buyers and renters alike, thanks to its strategic benefits and the evolving real estate scene.

Property Prices and Trends

The typical price for apartments in Manjalpur is about ₹3,650 per square foot. In the past year, prices rose by 9.0%. Over the last five years, the increase was 21.7%. For various setups, a 2 BHK flat usually costs between ₹30 lakhs to ₹43 lakhs. Meanwhile, a 3 BHK flat can range from ₹43 lakhs to ₹60 lakhs, or even more, based on the amenities and location.

Availability of Properties

In Manjalpur, there is a wide range of properties to explore, like apartments, villas, and independent houses. The choice extends to over 136 properties for sale and at least 27 for rent.

Infrastructure and Amenities

The locality is well-linked to primary services, including schools, hospitals, and markets within close reach. Manjalpur is just 2 km to Vishwamitri Railway Station, 10 km away from Vadodara Airport through Harni Road. The residential area features good roads and public transport, but lacks metro connectivity, giving a significant point for discussion among residents.

Upcoming Developments

Residents will soon enjoy enhanced intra-city links due to upcoming infrastructure projects like the Vadodara Ring Road and the Delhi-Mumbai Expressway. Additionally, the redevelopment of Pratapnagar Railway Station and the new Ahmedabad-Mumbai High-Speed Rail Corridor will further improve connectivity for the area.

Lifestyle and Concerns

Known for its industrial hub, Manjalpur often experiences higher pollution levels, which is a common worry among its residents. This can get pretty noisy and crowded, with frequent traffic challenges. Another issue is the lack of nearby parks, creating a need for green spaces for leisure and exercise.

Rental Market

Rental options in Manjalpur cover various budgets, from budget to high-end. The average monthly rent falls between ₹5,500 and ₹19,000. Affordable properties have rents below ₹10,000 per month. Mid-range properties cost between ₹10,000 to ₹14,000 per month, while premium properties often go above ₹14,000 per month.

PropertyWala's Verdict

When it comes to Manjalpur in Vadodara, it makes a solid choice for buying or renting property, especially for mid-segment buyers. The area offers great public transport and closeness to key facilities. Benefiting from important infrastructural upgrades, it remains a good option. However, buyers and renters should consider downsides like pollution, lack of metro, and need for greener spaces. All in all, Manjalpur strikes a good balance of convenience, affordability, and future growth, making it suitable for many real estate investors and residents.