Future Investment In Smart City – “Vadodara”
Smart Investment is about getting high profit with low risk. Urbanization and development of the city is showing a sunny future for the city. Vadodara is the third largest populated city in Gujarat after Ahmedabad and Surat. Development of industries and infrastructures in Vadodara at its peak, which ensures prosperous return on investment.
Vadodara Municipal is all set to pin up Vadodara amongst the top 20 Smart Cities in India. There are two big projects under development. Which are “Pan City Project” and “ABD Area Project”. The same will cover development of Vishvamitri Riverfront, Alkapuri Area, Bus Terminal, Railway Station, CCTV monitoring, Sewerage Solution and many more things which will be the turning point for the city towards the ‘SMART CITY’ TAG.
Gujarat Metro rail has already been announced and they have plans to add Vadodara to the metro grid which will bring all city areas within easy reach and further boost the micro economic prospect within the city .
PM Naredra Modi’s dream Bullet Train Project, will be thrown open on 15 Aug 2022, this bullet train corridor will connect “India’s largest economic hub” Mumbai to Vadodara. This link will take economic growth of Vadodara to the next level.
Vadodara is surrounded by many small towns and villages. People are relocating to Vadodara, nowadays its likely to appreciate the real estate market in Vadodara. For people, who are looking for homes, offices and shops in competitive prices. Shree Balaji Skyrise is the new hub for 33% Residence 33% Commercial 33% Entertainment.
According to VMC Commissioner, IAS officer Vinod Rao, Vadodara was selected to be part of the Smart Cities Mission in September 2016, had enrolled on 62 projects worth Rs 2,817 crore in this regard.
Vadodara was ranked 2nd in the Smart City program for Public-Private Partnership (PPP) project. Shree Balaji Group is the biggest participant of this project; they have started 3 projects in the support of PPP module.
According to Quora and Makaan, most favorite and developing areas of Vadodara are ‘Sama Road’ , ‘Vasna – Bhayli Road’ , ‘Atladra – Padra Road’. These areas are touted to appreciate for the Real Estate Sector. Shree Balaji Group, one of the biggest Developer Group has also started Vadodara’s biggest and tallest building project “Agora City Center” nearby Sama Road.
Investment is grabbing right opportunity at right time. Vadodara is getting ready for RISE and this is the peak time to utilize property investment.