If you have been searching for the right neighbourhood in Rajkot, you have come to the right place. Rajkot is Gujarat’s fourth-largest city and one of the fastest-growing urban areas in the world. Sitting in the heart of the Saurashtra region on the banks of the Aji and Nyari rivers, the city has come a long way in just a few years.
Today, people are not just moving to Rajkot for work. They are choosing it as a long-term home because of its growing infrastructure, good schools, modern hospitals like AIIMS Rajkot, and a quality of life that bigger cities often cannot match at these prices.
Before we get into each locality, here is a quick snapshot of where Rajkot stands as a real estate market in 2026.
Rajkot Real Estate at a Glance (2026)
|
What You Should Know |
Details |
|
Average property price |
₹3,500 to ₹6,000 per sq. ft |
|
Top rental yield areas |
Raiya (6.1%), Kalavad Road (6.3%), 150 Feet Ring Road (5.4%) |
|
Entry-level investment |
Starting from ₹25 to ₹30 lakh |
|
Most popular configurations |
2 BHK and 3 BHK apartments |
|
Key infrastructure boost |
Ahmedabad-Rajkot Highway six-laning, AIIMS Rajkot, Smart City project (930 acres) |
|
NRI appeal |
7 to 12% annual appreciation + 3 to 6% rental yields |
|
Smart City status |
Yes – Platinum rated by Indian Green Building Council (IGBC) |
1. Kalavad Road
If you ask any real estate agent in Rajkot right now which area has the most momentum, most of them will say Kalavad Road. It is one of the six-lane roads in the city and a place where both buyers and builders are putting their money.
The numbers back this up. Kalavad Road has seen around 12.8% price growth over five years and currently offers a rental yield of around 6.3%, which is significantly higher than most residential markets across India. For investors looking for steady rental income alongside appreciation, this is a strong pick.
Families like it too, for simple reasons. Schools, hospitals, markets and public transport are all within reach. The area is clean, water supply is consistent, and new projects keep coming in at a range of price points.
What Makes Kalavad Road Work
- Property prices: Around ₹6,000 per sq. ft
- Rental yield: 6.3% (among the highest in Rajkot)
- Five-year price growth: Approximately 12.8%
- Good connectivity to Rajkot Airport, Bhakti Nagar Railway Station and the Ring Road
- Commercial hubs: UV Business Center, EXIM Business Hub, Rushabh Business Centre
- Top schools: ATMIYA School, Kendriya Vidyalaya, The Achievers School
- Hospitals: Asian Trauma Care Hospital, Shree Giriraj Hospital
2. 150 Feet Ring Road
The 150 Feet Ring Road is one of those localities that keeps showing up on every serious homebuyer’s shortlist in Rajkot. It connects many key suburbs like Madhapar, Dhokaliya and Gandhigram, making daily commuting straightforward.
The locality is rated highly for connectivity, transport, safety and social infrastructure. Rental yields here sit at around 5.4%, and for investors looking at long-term capital appreciation, the Ring Road corridor continues to attract new developments.
What Makes 150 Feet Ring Road Work
- Rental yield: 5.4%
- Great road connectivity to Rajkot Airport via Amin Marg and to Rajkot Junction via Kalawad Road
- Near Raiya Telephone Ex. BRTS Station and Bhaktinagar Railway Station
- Commercial zones: Rushabh Business Centre, Imperial Heights, Twinstar, Samrat Industrial Area
- Education: Atmiya University, Christ College, Shipra College of Computer Science
- Healthcare: HCG Hospital, Synergy Superspecialty Hospital, Sadbhavna Multispecialty Hospital
- Shopping: ISCON Prozone Mall, Reliance Mall, SK Chowk Market
3. Raiya Road
Raiya Road may not grab headlines like Kalavad Road, but the numbers are compelling. It currently has the highest overall rental return area at 6.1% according to market trackers, which makes it a real option for income-focused investors.
The area is popular with students and young professionals mainly because of affordable rentals and good road access to employment hubs. The local municipality has been putting effort into better roads, extra parking and green spaces, and it shows.
What Makes Raiya Road Work
- Rental yield: 6.1% – among the highest in Rajkot
- Affordable rentals attracting students and working professionals
- Connected to Rajkot Airport via Airport Main Road and to 150 Feet Ring Road
- Proposed Ahmedabad-Rajkot Semi-High-Speed Rail Corridor will reduce travel time significantly
- Schools: Kalyan High School, New Era School, Swastik School
- Hospitals: Sterling Hospital, United Care Hospital, Sadbhavna Multispecialty Hospital
- Markets and malls: Reliance Mall, Tulsi Supermarket, Galaxy Shopping Area
4. Laxmi Nagar
Laxmi Nagar is a quiet, well-established locality in Chandreshnagar, sitting near Bhakti Nagar, Gandhigram and Madhapar. It is the kind of place where families stay long-term because the basics work well: good public services, a friendly neighbourhood and steady appreciation without the high price tags of premium zones.
It is particularly attractive for first-time buyers and investors looking for affordable entry points, with properties starting at the lower end of the Rajkot price spectrum.
What Makes Laxmi Nagar Work
- Low cost of living compared to other localities in Rajkot
- Close to Bhakti Nagar Railway Station, Rajkot Junction, and GSRTC Central Bus Station
- Rajkot International Airport is 32 km away via NH 27
- Commercial: Kathiawar Gymkhana, Rajkot Gymkhana Club, Universal Technologies
- Schools: Krishna International School, Noble School, Ma Anandmayi School
- Hospitals: Nihit Babycare Children Hospital, Aakar Hospital, Sahyog Hospital
5. Shastri Nagar
Shastri Nagar is a mixed-use locality, meaning you get residential apartments sitting alongside commercial activity. That combination works well for people who want convenience, especially those who run small businesses or prefer walking to nearby markets and offices.
The area has seen investment in new parks, improved roads and upgraded educational facilities. Modern apartments near the Rameshwar Mahadev Temple area have found good demand.
What Makes Shastri Nagar Work
- Connected to Bhakti Nagar Station, Rajkot Junction, Kothariya Station and Khanderi Station
- Near NH 151A and NH 27, and about 30 km from Rajkot Airport
- Commercial: Technosoft Solutions, Aalap Twin Towers, Webenix Technologies
- Schools: Swastik School, Utkarsh School of Excellence, Vidyaniketan
- Hospitals: Narayani Hospital, Sadbhavna Multispeciality Hospital
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6. Ghanshyam Nagar
Ghanshyam Nagar is an upcoming locality, which means property prices are still at a point where buyers get good value. It sits near established zones like Nana Mauva, Sarita Vihar and Kendriya Vidyalaya.
Most projects here are ready-to-move 2 BHK and 3 BHK apartments. Demand is rising, and the window for buying before prices move higher is narrowing. If you are looking for a locality to invest in before it becomes well-known, Ghanshyam Nagar is worth a closer look.
What Makes Ghanshyam Nagar Work
- Rising demand with still-affordable prices – right stage for investment
- Connected via Kalawad Road, University Road, Vimal Nagar Road and Uma Shadan Road
- Close to Bhakti Nagar Railway Station and Rajkot Junction
- Business centres: Business Centrum, Nakshatra Heights, Imperial Heights, Alpha Plus
- Schools: Galaxy School, Atmiya School, TGES School, Sunshine College
- Hospitals: Giriraj Hospital, NM Virani Wockhardt Hospital, GOVT. Civil Hospital, H.J. Doshi Hospital
7. Nana Mava Road
Nana Mava is a locality with character. It has historical and cultural importance with temples, monuments and a famous Rath Yatra that draws the community together. The Aji River is nearby, which means green spaces and recreational zones are part of everyday life here.
Property prices are affordable, and the area supports both residential and commercial growth. Ambika Township, which falls within this area, is a well-known project that gives you a sense of the housing standard available here.
What Makes Nana Mava Road Work
- Affordable property compared to most Rajkot localities
- Culturally rich area with temples, the Ranjit Vilas Palace and Mughal Palace nearby
- Connected to Bhakti Nagar Railway Station, Rajkot Junction and Mota Mava Bus Stop
- Industrial access: Samrat Industrial Area, GIDC-Rajkot, Global Industrial Park
- Schools: R. H. Kotak School, Academic Heights Public School, Rashtriya Shala
- Colleges: J.J. Kundalia Commerce College, A.V. Parekh Technical Institute
- Hospitals: NM Virani Wockhardt Hospital, Sterling Hospital, H.J. Doshi Hospital
8. Ambika Township
Ambika Township is located within Nana Mava and offers a complete township experience. You get 24-hour electricity backup, consistent water supply, proper drainage, car parking, a swimming pool and sports facilities, all at prices that are still very reasonable for Rajkot.
2 BHK and 3 BHK apartments here have drawn significant interest from real estate investors in recent years. The closest area, Mota Mava, adds extra recreational options just a short distance away.
What Makes Ambika Township Work
- Self-contained township with essential amenities built in
- Near Civil Airport, Bhakti Nagar Railway Station and Rajkot Junction
- Shopping: Candy Floss Mall, Crystal Mall, ISCON Prozone Mall, Backbone Shopping Center
- Local markets: Cloth Market, Rajkot Ravivari Market, Gundawadi Market
- Schools: Nachiketa School, Shree Ambika Science School, Modi School
- Hospitals: Sahyog Hospital, Gajanan Maternity and Surgical Hospital, Shraddha Hospital
9. Sadhu Vaswani Road
Sadhu Vaswani Road is a residential hub built around Saurashtra University. That university presence shapes the character of the entire locality. You will find rental demand from students and academic staff, which keeps vacancy low and rental income steady.
The area is also home to Saurashtra University Cricket Ground and Swami Vivekananda Indoor Stadium, giving residents a lively sports scene. Rentals dominate here with 2 BHK and 3 BHK being the most sought-after configurations.
What Makes Sadhu Vaswani Road Work
- Strong rental demand from Saurashtra University students and professionals
- Connected via Janakpuri Main Road, Raiya Road and Indira Circle Bus Stop
- Near Bhakti Nagar Railway Station and Rajkot Junction
- Education: Saurashtra University, TN Rao College, Gitanjali College, Vidyaniketan School
- Hospitals: BT Savani Kidneys Hospital, Century Cancer Hospital, Shree Krishna Children’s Hospital
- Parks and recreation: Avsar Vatika, RMC Public Garden, Parishram Garden, Sardar Patel Sports Complex
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10. Rail Nagar
Rail Nagar sits close to the Aji River and Lalpari Lake, which gives it a more relaxed feel compared to the busier commercial corridors. Residents can visit the Pradhyuman Zoological Park, ISKCON Temple, Lion Water Park and Aji Dam – all within easy reach.
The Rajkot Municipal Corporation (RMC) is currently completing around 1,010 affordable housing units in Rail Nagar under the Pradhan Mantri Awas Yojana, making it a focal point for affordable home ownership. Real estate prices here are accessible, and the residential and commercial sectors are both developing steadily.
What Makes Rail Nagar Work
- Affordable housing with PMAY units being completed – good for first-time buyers
- Near Aji River, Lalpari Lake, ISKCON Temple and Pradhyuman Zoological Park
- Connected via New Rajkot Bus Station, Rajkot Junction and Bhaktinagar Railway Station
- Approximately 33 km from Rajkot International Airport via 150 Feet Ring Road and NH 27
- Business hubs: Mitra Business Solutions, RK Empire, Umesh Commercial Complex, Harvey Club
- Schools: Choudhri School, Nirmala Convent School, Rajkumar College, Kalyan High School
- Hospitals: Sterling Hospital, Sadbhavna Hospital, Amrutaa Pediatric Hospital, Dev Multispeciality Hospital
Quick Locality Comparison
|
Locality |
Best For |
Approx. Price (per sq. ft) |
Rental Yield |
|
Investors, families |
~₹6,000 |
6.3% |
|
|
Balanced buyers |
~₹4,500 |
5.4% |
|
|
Renters, students |
Mid-range |
6.1% |
|
|
First-time buyers |
Affordable |
Steady |
|
|
Mixed use buyers |
Mid-range |
Growing |
|
|
Early investors |
Affordable |
Rising |
|
|
Value seekers |
Affordable |
Moderate |
|
|
Ambika Township |
Township lifestyle |
Mid-range |
Good |
|
Sadhu Vaswani Road |
Students, renters |
Mid-range |
Strong |
|
Affordable buyers |
Low to mid |
Moderate |
Why Rajkot Makes Sense in 2026
A few things are making Rajkot stand out in 2026 that were not as clear even a year or two ago.
- AIIMS Rajkot is now fully operational with over 8.5 lakh patients treated. Surgical procedures jumped from 861 in 2024 to 1,927 in 2025. Localities near AIIMS are seeing fresh demand from medical professionals and students.
- The Ahmedabad-Rajkot Highway six-laning project has improved travel times significantly. Areas near highway access points have seen 15 to 20% additional appreciation.
- The Rajkot Smart City project covers 930 acres of greenfield land with a budget of ₹2,100 crore. It is the first Platinum-rated Smart City in India by the Indian Green Building Council. New developments within or near this zone are drawing premium buyers.
- Atal Sarovar, the revitalised lake at the heart of the Smart City plan, has become a genuine recreational hub and is pulling investment into surrounding streets.
- The RMC is building an international-standard sports complex in Ward No. 17, compatible with Olympic and Commonwealth Games disciplines. Sports infrastructure like this typically lifts property values in surrounding localities.
- Property prices in Rajkot starting from ₹3,500 per sq. ft are still far below comparable cities like Ahmedabad (₹5,500+ per sq. ft), meaning buyers get more space for their money.
Frequently Asked Questions:
1. Which locality in Rajkot gives the best rental income right now?
Kalavad Road leads with a rental yield of around 6.3%, followed closely by Raiya at 6.1% and Raiya Road and 150 Feet Ring Road at 5.4%. These are strong yields by any standard.
2. What is the minimum budget to invest in Rajkot real estate?
You can start investing in residential properties from around ₹25 to ₹30 lakh. For commercial properties, a starting budget of ₹35 to ₹40 lakh is more realistic.
3. Is Rajkot a good city for NRI investment?
Yes. NRIs typically see annual appreciation of 7 to 12% plus rental yields between 3 and 6%. Entry costs are lower than in metros, and the city has a clear growth trajectory backed by AIIMS, the Smart City project and highway upgrades.
4. Is Rajkot still a Smart City?
Yes. Rajkot is one of 100 Smart Cities under India’s Smart Cities Mission. Its 930-acre greenfield Smart City plan has achieved a Platinum rating from the Indian Green Building Council, the first city in India to reach this standard.
5. Which is the best locality in Rajkot for a family with school-going children?
Kalavad Road and 150 Feet Ring Road both have strong school ecosystems. Shastri Nagar and Ghanshyam Nagar are also good picks for families who want a quieter neighbourhood with school access.
6. What kinds of properties are most in demand in Rajkot?
2 BHK and 3 BHK apartments in central areas are the most popular. In peripheral zones, independent houses and plots continue to attract buyers looking for more space.