Vadodara
Old Padra Road remains a key residential and commercial hub in Vadodara, balancing varied property types with steady rental demand. The market for apartments currently averages ₹4,150 per sq ft, while specialized segments like villas attract higher valuations at ₹6,300 per sq ft. Rental activity is particularly robust, underpinned by a 14.46% yield that draws significant interest from both tenants and property investors. Development remains active, with a mix of ready-to-move projects and new inventory catering to diverse buyer profiles.
As of March 2026, the average asking price in Old Padra Road is ₹4,150 per sq ft. This figure reflects a depreciation of 1.48% when compared to the previous period, indicating a slight market correction in the area's residential apartment segment.
Property prices in Old Padra Road have shown a mixed trajectory over the last few quarters. The average rate moved from ₹3,350 per sq ft in June 2025 to ₹3,300 in September 2025, before rising to ₹4,200 in December 2025 and settling at ₹4,150 per sq ft as of March 2026. This fluctuation suggests a dynamic market environment where buyers and investors should monitor quarterly shifts to gauge the best entry point.
Property prices in Old Padra Road, currently at ₹4,150 per sq ft, are positioned similarly to areas like Gorwa, which also averages ₹4,150 per sq ft and has seen a marginal appreciation of 0.39%. In contrast, areas like Atladra have experienced significant growth, with rates rising by 11.48% to reach ₹3,200 per sq ft, while Alkapuri has seen a notable depreciation of 13.67%, bringing its average to ₹3,950 per sq ft as of March 2026.
As of March 2026, property rates in Old Padra Road vary significantly by asset type. Villas command the highest premium at ₹6,300 per sq ft, showing an appreciation of 1.65%. Office spaces are priced at ₹6,250 per sq ft, reflecting a 3% depreciation, while apartments remain the most accessible residential option at ₹4,150 per sq ft, which has seen a 1.48% depreciation compared to the prior period.
The rental yield in Old Padra Road stands at 14.46% as of March 2026, which is a strong indicator of potential income generation for property owners. With an average rental rate of ₹50 per sq ft—a rate that has remained stable with 0% change—this yield suggests that the locality offers attractive returns for investors looking to balance capital appreciation with consistent rental income.
Rental rates for office spaces are consistent across key neighbouring areas, with Subhanpura and Bhayli both recording an average rental rate of ₹50 per sq ft as of March 2026. These rates have remained stable with 0% change, mirroring the rental trend observed for office spaces within Old Padra Road itself, which also maintains an average of ₹50 per sq ft.
As of March 2026, Venus Pahel leads the locality with a listing rate of ₹5,100 per sq ft, having appreciated by 7% over the recent period. Other notable projects include Yug Maitri at ₹3,050 per sq ft (depreciated by 2.54%), Suramya Altis at ₹2,950 per sq ft (depreciated by 2.4%), and Anant Nityam at ₹2,950 per sq ft, which has seen an appreciation of 1.97%.
Ready To Move properties in Old Padra Road are currently priced at an average of ₹3,500 per sq ft as of March 2026. This segment has shown resilience, recording an appreciation of 1.71% compared to the previous period, making it a stable choice for end-users looking to avoid the risks associated with under-construction projects.
