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Insights for Mandvi, Vadodara Real Estate Market Overview

The Vadodara property market displays a dynamic range of price points across its key localities, catering to both residential buyers and long-term investors. While some areas like Nizampura and Akota command higher valuations above ₹4,000 per sq ft, other neighborhoods provide more accessible entry points for those seeking value. Rental activity remains anchored by steady demand in hubs like Subhanpura, where rates hold at ₹50 per sq ft. Investors continue to monitor these shifts closely to align their portfolios with the latest growth trends and regional performance.

  • Nizampura shows strong momentum with a 7.45% increase in property rates.
  • New Karelibaug experienced significant appreciation, climbing by 17.22% to reach ₹3,700 per sq ft.
  • Alkapuri and Manjalpur currently trade at an average of ₹3,950 per sq ft.
  • Rental rates in Subhanpura remain stable at ₹50 per sq ft.
  • Villa segments in Mandvi are currently priced at ₹2,300 per sq ft.

Market Strengths
  • New Karelibaug demonstrates robust growth with a 17.22% increase in property rates.
  • Nizampura remains a top-tier performer with an average rate of ₹4,350 per sq ft.
  • Akota provides a stable, high-value investment option at ₹4,100 per sq ft.
  • Subhanpura offers consistent rental returns at a stable rate of ₹50 per sq ft.
  • New Vip Road maintains a solid valuation of ₹3,700 per sq ft with positive growth of 1.92%.
Market Challenges
  • Investors in Alkapuri should account for the -13.67% adjustment in property rates.
  • The villa segment in Mandvi has seen a -10.3% price decline, requiring careful valuation.
  • Ajwa Road property values experienced a -6.52% change, reflecting localized market softening.
  • Waghodia Road rates have adjusted by -3.82%, indicating a period of price stabilization.
Investment Opportunities
  • Capitalize on the 17.22% growth trend observed in New Karelibaug to maximize long-term gains.
  • Target Nizampura for high-value appreciation potential, given its current rate of ₹4,350 per sq ft.
  • Explore rental income potential in Subhanpura, supported by a stable rate of ₹50 per sq ft.
  • Consider the entry-level pricing of ₹2,400 per sq ft in Ajwa Road for budget-conscious residential investments.
Price Trend

Mandvi, Vadodara Property Price Trends and Appreciation

About Asking Price Trends
Mandvi Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
New Karelibaug 3,700 17.2
Ajwa Road 2,400 -6.5
New Vip Road 3,700 1.9
Fatehgunj 3,550 2.6
Waghodia Road 2,750 -3.8
Manjalpur 3,950 -0.3
Alkapuri 3,950 -13.7
Alkapuri 3,950 -13.7
Akota 4,100 -2.7
Nizampura 4,350 7.5
The residential landscape across Vadodara varies significantly, with Nizampura leading at ₹4,350 per sq ft. Akota closely follows, commanding ₹4,100 per sq ft for apartment living. Meanwhile, Manjalpur and Alkapuri both hover around the ₹3,950 per sq ft mark, offering premium alternatives for buyers in the city.
Type Rate (₹/Sq.Ft) Change %
Villa 2,300 -10.3
Mandvi's market focuses primarily on the villa segment, which is currently priced at ₹2,300 per sq ft. This valuation reflects a -10.3% shift, providing a distinct entry point for those interested in independent living spaces within the region.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mandvi, Vadodara

Avg. Asking Price ₹ 4,100 /Sq.Ft
Avg. Asking Price ₹ 3,550 /Sq.Ft
Avg. Asking Price ₹ 3,500 /Sq.Ft
Avg. Asking Price ₹ 3,350 /Sq.Ft

More insights about Mandvi, Vadodara

FAQ

Frequently Asked Questions About Property Rates in Mandvi, Vadodara

What is the current average asking price in Mandvi?

As of Jun 2026, the average asking price in Mandvi stands at ₹3,550 per sq ft. This figure reflects a steady upward trajectory, having appreciated by 1.43% from Mar 2026 to Jun 2026, which indicates a resilient demand for residential properties in this locality.

How has the property price trend in Mandvi moved recently?

The property price trend in Mandvi has shown consistent growth over the last year. Starting from ₹3,350 per sq ft in Sep 2025 and Dec 2025, the average asking price rose to ₹3,500 per sq ft by Mar 2026, and further to ₹3,550 per sq ft as of Jun 2026. This sustained quarter-over-quarter appreciation signals growing buyer confidence and a tightening supply in the market.

How do property rates in Mandvi compare to nearby areas in Vadodara?

Property rates in Mandvi, currently at ₹3,550 per sq ft, sit in the mid-range when compared to surrounding neighbourhoods in Vadodara. For instance, areas like Nizampura command a higher average asking price of ₹4,350 per sq ft (which appreciated by 7.45% from Mar 2026 to Jun 2026), while more affordable options can be found in Ajwa Road at ₹2,400 per sq ft, which saw a depreciation of 6.52% over the same period.

What is the current price for villas in Mandvi?

As of Jun 2026, the average asking price for villas in Mandvi is ₹2,300 per sq ft. This segment has experienced a depreciation of 10.3% from Mar 2026 to Jun 2026, suggesting a market correction or a shift in buyer preference toward other property types in the current economic climate.

What is the average rental rate in Subhanpura compared to other areas?

The average rental rate in Subhanpura is currently ₹50 per sq ft as of Jun 2026. This rate has remained stable with 0% change recorded from Mar 2026 to Jun 2026, indicating a consistent rental market that offers predictable income potential for property owners in this specific neighbourhood.

How should investors interpret the rental market data for Vadodara?

Investors looking at rental income in Vadodara should note that rental rates vary significantly by locality, with areas like Subhanpura currently commanding ₹50 per sq ft as of Jun 2026. Since the rental rate in Subhanpura has remained stable with 0% change from Mar 2026 to Jun 2026, it serves as a reliable benchmark for those seeking long-term rental yields rather than rapid capital appreciation.

How can buyers use the property rate data in Mandvi to make informed decisions?

Buyers can use the property rate data in Mandvi to identify value by comparing the current average of ₹3,550 per sq ft against neighbouring markets like Akota, which is priced at ₹4,100 per sq ft as of Jun 2026. By tracking the appreciation of 1.43% from Mar 2026 to Jun 2026 in Mandvi, prospective buyers can gauge whether the locality aligns with their long-term investment goals or immediate residential needs.

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