Manjalpur has established itself as a steady residential market in Vadodara, characterized by a balanced mix of ready-to-move and new-launch projects. Recent trends indicate a positive trajectory, with prices rising from ₹3,850 per sq ft to the current ₹3,950 per sq ft over the last few quarters. The rental landscape remains competitive, with neighboring areas like Akota and Alkapuri maintaining average rental rates around ₹50 per sq ft. Investors are increasingly looking at Manjalpur for its blend of affordability and steady appreciation potential.
As of June 2026, the average asking price in Manjalpur is ₹3,950 per sq ft. This figure reflects a slight market correction, having depreciated by 0.3% compared to the previous period. While this indicates a marginal softening in the immediate asking rates, the locality remains a key residential hub in Vadodara South.
Property price trends in Manjalpur have shown a positive trajectory over the last year, with the location rate rising from ₹3,850 per sq ft in September 2025 to ₹4,150 per sq ft as of June 2026. This upward movement across the last few quarters signals sustained demand for residential assets in the area, providing a stable outlook for both end-users and long-term investors.
Property prices in Manjalpur, currently at an average of ₹3,950 per sq ft, sit in a mid-range position compared to nearby areas. For context, localities like Akota and Old Padra Road command higher rates of ₹4,100 per sq ft and ₹4,150 per sq ft respectively, though both have seen minor depreciation. Meanwhile, more affordable options exist in areas like Kalali at ₹2,850 per sq ft and Makarpura at ₹2,950 per sq ft, offering diverse entry points for buyers depending on their budget and location preference.
As of June 2026, there is a significant price premium for villas in Manjalpur, which are priced at ₹10,200 per sq ft, having appreciated by 88.85% compared to the previous period. In contrast, apartments are significantly more accessible with an average asking price of ₹4,150 per sq ft, which has appreciated by 5.03% over the same timeframe, making them the primary choice for mainstream residential buyers.
Property prices in Manjalpur vary by construction stage, with Ready To Move projects averaging ₹3,850 per sq ft as of June 2026, reflecting a 15.19% appreciation. Mid-stage projects currently command a premium at ₹5,300 per sq ft, showing a substantial 58.11% appreciation. Meanwhile, Under Construction projects are priced at ₹3,650 per sq ft, maintaining stable pricing with 0% change, and New Launch projects are also at ₹3,650 per sq ft, having appreciated by 21.1%.
As of June 2026, Fortune Platinum stands as the most premium project in Manjalpur with a listing rate of ₹6,000 per sq ft, showing stable pricing with 0% change. Other high-value projects include Dhwanit Rutu Silver at ₹5,200 per sq ft (0% change) and Monalisa Residency at ₹4,950 per sq ft, which has appreciated by 9.93%. These projects represent the higher end of the local market, catering to buyers seeking premium amenities and established locations.
Rental rates in the vicinity of Manjalpur remain consistent across several key neighbourhoods as of June 2026. Both Akota, Alkapuri, and Karelibaug command an average rental rate of ₹50 per sq ft. While Akota has seen an appreciation of 11.11% and Alkapuri a modest 1.92% increase, rental rates in Karelibaug have remained stable with 0% change, indicating a steady demand for rental housing in these established Vadodara localities.
Investors should view the current average asking price of ₹3,950 per sq ft in Manjalpur as a reflection of a maturing residential market. With significant appreciation seen in specific segments like villas and mid-stage projects as of June 2026, the area offers potential for capital growth. However, given the variance in price trends across different project statuses, it is essential to align investment goals with the specific supply dynamics of the locality.
