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Property Rates in Race Course Circle, Vadodara

Comprehensive Market Snapshot

The Race Course Circle real estate market in Vadodara presents a dynamic picture, with asking prices currently averaging ₹4,772 per sq ft. Recent quarterly trends show a positive movement, with rates increasing to ₹4,772 per sq ft in Dec 2025. The market is primarily driven by apartment sales, which command an average of ₹4,772 per sq ft and have seen a modest increase of 1.25%. For immediate occupancy, Ready To Move properties are available at an average of ₹3,034 per sq ft, also showing a slight appreciation. Notably, Bhagyoday Bellasera stands out as a key project in the locality, reflecting current market pricing.

  • Asking Sale Price₹ 4,772/sq.ft

Insights for Race Course Circle, Vadodara Real Estate Market

Race Course Circle, a prominent locality in Vadodara, currently showcases an average asking price of ₹4,772 per sq ft, indicating a robust real estate environment. Analyzing the quarterly price trends reveals interesting fluctuations; after reaching a peak of ₹4,899 per sq ft in June 2025, rates saw a slight dip before recovering to ₹4,772 per sq ft by December 2025, suggesting a resilient market. When comparing with neighboring areas, Race Course Circle's pricing stands competitively, often commanding higher rates than localities like Ellora Park (₹3,317 per sq ft) and Hari Nagar (₹3,306 per sq ft), while being comparable to Pratapgunj (₹4,577 per sq ft). However, some areas such as Gorwa and Old Padra Road have experienced significant appreciation of 28.03% and 21.71% respectively, highlighting pockets of strong growth within the broader micromarket. The property market here is predominantly characterized by apartments, which align with the overall average asking price for the locality. For buyers seeking immediate possession, Ready To Move properties, exemplified by projects like Bhagyoday Bellasera, offer options at an average of ₹3,034 per sq ft, reflecting a positive price change of 1.13%. While specific registration data is not available to detail transaction volumes, the consistent asking prices and positive trends in key segments point towards a stable demand for residential offerings in this well-regarded Vadodara locality.

Market Strengths Market Strengths
  • Consistent asking price of ₹4,772 per sq ft, indicating a stable and established property market.
  • Positive price trend in the latest quarter (Dec 2025), showing market recovery and growth.
  • Presence of Ready To Move properties, catering to immediate housing needs.
  • Higher average property rates compared to many adjacent localities, signifying its premium status.
  • Micro-markets like Gorwa and Old Padra Road in the broader region show strong appreciation, hinting at overall regional vitality.
Market Challenges Market Challenges
  • Lack of transparent registration data makes it difficult to assess actual transaction volumes and market liquidity.
  • Limited diversity in property types and status in the available data, primarily focusing on apartments and Ready To Move.
  • Fluctuations in quarterly pricing, with a dip observed between June and September 2025, requiring careful market timing.
  • Absence of rental data restricts a full understanding of the investment potential from a rental yield perspective.
Investment Opportunities Investment Opportunities
  • Stable apartment market with recent positive price appreciation (1.25%).
  • Opportunities in Ready To Move properties offering immediate possession and modest price growth (1.13%).
  • Potential for capital appreciation in Race Course Circle, given its higher average rates compared to many surrounding localities.
  • Consider properties in nearby growth pockets like Gorwa (+28.03%) and Old Padra Road (+21.71%) for higher appreciation potential.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Race Course Circle, Vadodara

Asking Price Trends

The asking price trends in Race Course Circle, Vadodara, have shown notable movements over the past quarters. After peaking at ₹4,899 per sq ft in June 2025, rates adjusted slightly to ₹4,713 per sq ft by September 2025. However, the market quickly rebounded, with prices increasing to ₹4,772 per sq ft in the latest quarter ending December 2025, signaling renewed buyer confidence and a positive outlook for the area.

Quarter City Rate
Dec 2025 4772
Sep 2025 4713
Jun 2025 4899
Mar 2025 0
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Price Trends by Property Type

In Race Course Circle, the real estate market is distinctly characterized by apartments, which are the primary property type available. These residential units are currently priced at an average of ₹4,772 per sq ft. This segment has shown a positive price change of 1.25%, indicating a steady and healthy demand for apartment living in this Vadodara locality.

Type Rate (₹/sq.ft) Change %
Apartment 4,772 1.25
Price Trends by Project Status

The Race Course Circle market primarily offers properties in the Ready To Move status, catering to buyers seeking immediate possession. These properties, represented by 1 unit in the current data, are available at an average price of ₹3,034 per sq ft. This segment has experienced a positive change of 1.13%, making it an attractive option for those looking for quick occupancy and stable value appreciation.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 3,034 1.13
Price Trends by Localities

Race Course Circle currently features an average property rate of ₹4,772 per sq ft, positioning it as a premium locality within Vadodara. This rate is notably higher than many adjacent areas, such as Ellora Park and Hari Nagar, which average around ₹3,300 per sq ft. While areas like Alkapuri and Old Padra Road command rates of approximately ₹4,000 per sq ft, and Pratapgunj is closer at ₹4,577 per sq ft, Race Course Circle maintains its higher valuation. Interestingly, emerging areas like Gorwa and Old Padra Road have demonstrated significant price appreciation, with increases of 28.03% and 21.71% respectively, suggesting dynamic growth in the wider region.

Location Rate (₹/sq.ft) Change %
Ellora Park 3,317 -9.2
Alkapuri 4,056 -10.6
Hari Nagar 3,306 -
Diwalipura 3,660 -
Subhanpura 4,332 2.8
Old Padra Road 4,008 21.7
Gorwa 4,252 28
Pratapgunj 4,577 -
Vasna Road 3,806 11.9
Sayajigunj 3,683 -

Project and Developer Insights

Top Projects by Listing Rates

Within Race Course Circle, Bhagyoday Bellasera stands out as a notable project, reflecting the current asking price dynamics. This development in Race Course Circle, Vadodara West, commands a rate of ₹3,034 per sq ft. It has also shown a positive price change of 1.13%, indicating its stability and appeal within the locality's property landscape.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Bhagyoday Bellasera 3,034 1.1
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