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Property Rates in Mandvi, Vadodara

Comprehensive Market Snapshot

The Mandvi real estate market in Vadodara currently presents an attractive asking price of ₹2,702 per sq ft. While detailed quarterly trends for the specific location are limited, the broader micromarket has shown some price movements. The market primarily features villas, which are currently averaging ₹2,291 per sq ft, reflecting a recent adjustment in pricing.

  • Asking Sale Price₹ 2,702/sq.ft

Insights for Mandvi, Vadodara Real Estate Market

Mandvi, a notable location within Vadodara, offers properties at an average asking price of ₹2,702 per sq ft. This positions it competitively when compared to several neighboring areas. For instance, Mandvi's rates are more accessible than those in Raopura (₹3,393 per sq ft), Warasiya (₹3,008 per sq ft), and Karelibaug (₹3,854 per sq ft), yet slightly higher than Wadi at ₹2,476 per sq ft. The market's property landscape is predominantly characterized by villas, with an average price of ₹2,291 per sq ft. Notably, this segment has experienced a price decrease of 10.3%, suggesting potential opportunities for buyers seeking value. While comprehensive quarterly price trends for Mandvi specifically are not extensively detailed in recent data, the overall micromarket has seen some upward movement, climbing from ₹3,235 per sq ft in March 2025 to ₹3,329 per sq ft by December 2025. This broader trend indicates underlying stability or growth in the surrounding areas. Information regarding property registration activity and top developer contributions is not currently available, which is important for a complete market picture. Despite this, Mandvi remains an area to watch for those interested in villa properties at a relatively appealing price point within Vadodara.

Market Strengths Market Strengths
  • Attractive Asking Price: With an average asking price of ₹2,702 per sq ft, Mandvi offers a more accessible price point compared to many other localities in Vadodara.
  • Diverse Housing Stock: The presence of villas caters to specific buyer preferences, offering a distinct housing option in the market.
  • Competitive Positioning: Mandvi's rates are lower than several established areas like Raopura, Warasiya, and Karelibaug, appealing to budget-conscious buyers.
  • Potential for Growth: Despite limited specific data, the broader micromarket's upward price trend suggests underlying positive market sentiment.
  • Relative Affordability: For those seeking property in Vadodara, Mandvi stands out for its affordability in comparison to higher-priced adjacent areas.
Market Challenges Market Challenges
  • Limited Price Trend Data: The scarcity of consistent quarterly location-specific price trend data makes it challenging to assess historical performance and predict future movements accurately.
  • Lack of Registration Data: The absence of government registration statistics hinders a clear understanding of actual transaction volumes and market liquidity.
  • No Rental Information: The unavailability of average rental rates makes it difficult for investors to calculate potential rental yields and assess income-generating prospects.
  • Price Adjustment in Villas: The 10.3% decrease in villa prices indicates a potential softening in demand or oversupply within this specific property segment.
  • No Information on Top Projects/Developers: The lack of data on top projects and developers can make it harder for buyers to identify quality developments and trusted builders.
Investment Opportunities Investment Opportunities
  • Competitive Entry Point: Mandvi's asking price of ₹2,702 per sq ft is lower than several prominent neighboring areas, offering an attractive entry point.
  • Value in Villas: The 10.3% price decrease for villas, currently at ₹2,291 per sq ft, may present a buying opportunity for those seeking this property type.
  • Micromarket Growth: While Mandvi's specific trend data is limited, the broader micromarket saw an increase from ₹3,235 per sq ft to ₹3,329 per sq ft, suggesting potential for future appreciation.
  • Strategic Location: Its positioning relative to higher-priced areas like Karelibaug and Raopura could offer long-term value appreciation as demand expands.
Property Valuation

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Property Price Trends in Mandvi, Vadodara

Asking Price Trends
Quarter City Rate
Dec 2025 0
Sep 2025 0
Jun 2025 2702
Mar 2025 0
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Price Trends by Property Type

The real estate market in Mandvi primarily caters to buyers interested in villas. This property type currently averages ₹2,291 per sq ft. Notably, villas have experienced a 10.3% decrease in price, which could signal a potential opportunity for buyers or indicate a market correction in this segment.

Type Rate (₹/sq.ft) Change %
Villa 2,291 -10.3
Price Trends by Localities

Mandvi's current asking price stands at ₹2,702 per sq ft, presenting a relatively competitive option within Vadodara. When compared to nearby localities, Mandvi is more affordable than Raopura, which commands ₹3,393 per sq ft, and significantly less than Karelibaug, averaging ₹3,854 per sq ft. However, it is positioned above Wadi, which offers properties at ₹2,476 per sq ft. Other areas like Dandia Bazar at ₹2,812 per sq ft and Ajwa Road at ₹2,545 per sq ft hover around similar price ranges, making Mandvi an interesting proposition for value-conscious buyers.

Location Rate (₹/sq.ft) Change %
Raopura 3,393 -
Dandia Bazar 2,812 -
Warasiya 3,008 -
Wadi 2,476 -
Rv Desai Road 3,211 -
Karelibaug 3,854 -
New Karelibaug 3,487 1.5
Ajwa Road 2,545 4.3
Sayajigunj 3,683 -
Harni Road 3,632 -
Country/City