Vadodara
New VIP Road has evolved into a stable residential hub, with property values showing positive momentum in recent months. The market is defined by a mix of affordable apartment living and high-end villa options, catering to a wide spectrum of home seekers. Rental demand remains steady, supported by infrastructure developments in surrounding areas that enhance overall connectivity. Investors and homebuyers are increasingly drawn to the area due to its reliable price appreciation and the availability of diverse housing formats.
As of June 2026, the average asking price in New VIP Road is ₹3,700 per sq ft. This figure reflects an appreciation of 1.92% compared to the previous period, indicating a steady growth in property values within this locality. This upward trend suggests a resilient market where demand for residential apartments remains consistent.
Property prices in New VIP Road, at ₹3,700 per sq ft, sit in the mid-range when compared to surrounding neighbourhoods. For instance, New Sama commands a higher average of ₹4,650 per sq ft (which appreciated by 5.2% from June 2025 to June 2026), while areas like Ajwa Road are more affordable at ₹2,400 per sq ft, despite a depreciation of 6.52% during the same period. This variation allows buyers to choose between premium locations like Nizampura at ₹4,350 per sq ft or more budget-friendly options depending on their investment goals.
As of June 2026, there is a notable price gap between property types in New VIP Road, with villas commanding a premium over apartments. Villas are currently priced at an average of ₹7,050 per sq ft, having appreciated by 9.63% from June 2025 to June 2026. In contrast, apartments are available at an average of ₹3,700 per sq ft, which represents a more modest appreciation of 1.92% over the same timeframe.
Ready To Move properties in New VIP Road are currently priced at an average of ₹2,750 per sq ft as of June 2026. This segment has shown positive momentum, appreciating by 2.05% from June 2025 to June 2026. This stability and growth in the Ready To Move category often appeal to end-users looking to avoid construction delays and move into their homes immediately.
Two prominent projects in New VIP Road are Narayan ResiCom and Earth Icon, both of which are currently listed at an average rate of ₹2,750 per sq ft as of June 2026. Narayan ResiCom has seen its listing rate appreciate by 2.03% from June 2025 to June 2026, while Earth Icon has experienced a similar appreciation of 2.07% over the same period. These projects represent the current price positioning for residential developments in this locality.
The rental market in the vicinity of New VIP Road shows consistent pricing across key neighbourhoods as of June 2026. Both Vemali and Subhanpura currently command an average rental rate of ₹50 per sq ft. These rental rates have remained stable with a 0% change from June 2025 to June 2026, indicating a balanced supply and demand environment for tenants in these parts of Vadodara.
Investors should note that the average asking price in New VIP Road has shown a consistent upward trajectory, reaching ₹3,700 per sq ft by June 2026. The quarterly data shows that prices moved from ₹3,400 per sq ft in September 2025 to ₹3,700 per sq ft by March 2026, reflecting sustained interest in the area. This steady growth, combined with the availability of both apartments and higher-value villas, suggests that New VIP Road is a developing market that may offer long-term value for those looking to build a residential portfolio.
