Overview of Mavdi, Rajkot

Located in Rajkot, Gujarat, Mavdi has become notable in the real estate market because of its fast development and increased demand for homes.

Property Prices

• Starting Price: Properties in Mavdi begin at Rs. 3,714 per square foot.
• Average Price: The typical cost is Rs. 5,438 per square foot.
• Price Range: You’ll find properties here from Rs. 3,714 to Rs. 7,683 per square foot.

Market Trends

• Annual Growth: Over the past year, property rates fell by 3.6%, showing a buyer-friendly environment.
• Investment Potential: Despite the recent drop, Mavdi's booming demand makes it a great spot for buying and selling due to its development.

Types of Properties

• Apartments: You can find 2BHK and 3BHK units available for sales or rentals, complete with modern comforts.
• Independent Houses: There are also standalone homes and villas that fit different buyer and tenant needs.

Rental Market

• Rental Prices: Rent varies based on the flat size:
  • 1BHK flats: ₹ 7,000 - ₹12,000 per month
  • 2BHK flats: ₹12,000 - ₹17,000 per month
  • 3BHK flats: ₹15,000 - ₹27,000 per month.
• Availability: There's a range of rentals including semi-furnished, fully furnished flats, rooms, and standalone houses.

Amenities and Infrastructure

• Modern Amenities: Mavdi is equipped with parks, shopping areas, schools, and healthcare.
• Connectivity: It connects well to other parts of Rajkot, offering easy access to city facilities.

Investment and Growth Prospects

• Growing Demand: Demand here for housing is up, making it a prime area to invest.
• Development Projects: The area is seeing lots of construction and upgrades that will likely increase property values over time.

PropertyWala's Verdict

Mavdi in Rajkot offers great chances for homebuyers and investors alike. With its low prices, modern features, and solid growth, it’s perfect if you’re looking to buy or rent. The current market is good for buying, and rentals come with various budget-friendly options. With continued development, Mavdi will be a lively residential spot in Rajkot.