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Insights for Race Course Circle, Vadodara Real Estate Market Overview

Race Course Circle continues to be a prominent residential destination, with current asking prices holding at ₹4,750 per sq ft. Market trends indicate a positive trajectory, supported by steady demand for high-quality apartments. Rental activity remains active in nearby areas like Subhanpura and Bhayli, where rates currently hover around ₹50 per sq ft. The broader regional landscape features a variety of price points, allowing buyers to compare value across multiple well-connected neighborhoods in Vadodara.

  • Current average asking prices for apartments in Race Course Circle stand at ₹4,750 per sq ft, reflecting a 1.25% increase.
  • Rental rates in neighboring Subhanpura and Bhayli remain consistent at ₹50 per sq ft.
  • The local residential market features specific projects like Bhagyoday Bellasera, which is currently priced at ₹3,000 per sq ft.
  • Surrounding areas like Nizampura have seen a notable 7.45% growth, reaching an average of ₹4,350 per sq ft.

Market Strengths
  • Race Course Circle maintains a strong premium average of ₹4,750 per sq ft for apartments.
  • The local market shows resilience with positive quarterly price trends heading into the end of 2025.
  • Nearby locations like Vasna Road demonstrate significant growth at 8.04%, indicating a healthy regional real estate environment.
  • Subhanpura offers a stable rental market at ₹50 per sq ft, appealing to those seeking consistent leasing returns.
  • Nizampura continues to attract buyers with a strong 7.45% growth in property value.
Market Challenges
  • Ready to move projects in the locality have experienced a price adjustment of -1.78% recently.
  • Certain surrounding areas like Alkapuri have seen a correction of -13.67%, suggesting varied performance across different Vadodara neighborhoods.
  • Gotri Road has faced a slight downward pressure of -3.09% in its average rates.
Investment Opportunities
  • Rental yields in nearby Subhanpura and Bhayli remain stable at ₹50 per sq ft, providing a reliable baseline for rental income.
  • The 1.25% growth in apartment rates suggests a steady appreciation trend for long-term residential investments.
  • Entry-level opportunities exist in adjacent localities like Gotri, where prices average ₹3,250 per sq ft.
  • High-growth potential is noted in Nizampura, which recorded a 7.45% increase, indicating strong demand in the immediate vicinity.
Price Trend

Race Course Circle, Vadodara Property Price Trends and Appreciation

The market at Race Course Circle has shown a consistent upward movement throughout the year. After reaching ₹4,900 per sq ft in June 2025, the rate adjusted to ₹4,700 per sq ft by September 2025. The most recent data for December 2025 shows a recovery to ₹4,750 per sq ft, underscoring the area's ability to retain its value.
Asking Price Trends
₹ 4,750/sq.ft.
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 0
Dec 2025 4750
Sep 2025 4700
Jun 2025 4900
About Asking Price Trends
Race Course Circle Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Alkapuri 3,950 -13.7
Alkapuri 3,950 -13.7
Subhanpura 4,100 5
Old Padra Road 4,150 -1.5
Gorwa 4,150 0.4
Vasna Road 3,750 8
Gotri 3,300 -1.3
Akota 4,100 -2.7
Gotri Road 3,250 -3.1
Nizampura 4,350 7.5
Race Course Circle is surrounded by several prominent residential neighborhoods, each offering distinct pricing profiles. Nizampura currently commands a high average of ₹4,350 per sq ft, while Gorwa and Old Padra Road both hover around ₹4,150 per sq ft. Subhanpura and Akota remain competitive, with both areas averaging ₹4,100 per sq ft. In contrast, Gotri and Gotri Road offer more accessible entry points, with rates ranging from ₹3,250 to ₹3,300 per sq ft.
Type Rate (₹/sq.ft) Change %
Apartment 4,750 1.3
The residential market in Race Course Circle is primarily driven by apartment offerings. These units are currently priced at an average of ₹4,750 per sq ft, reflecting a growth of 1.25% in the recent period. This consistent demand for apartment living confirms the segment as the primary choice for investors and residents alike.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 3,000 -1.8
Ready to move inventory in Race Course Circle provides immediate value for homebuyers. The current average rate for these units stands at ₹3,000 per sq ft, which reflects a change of -1.78%. This availability caters to those looking for quick possession in a well-established part of the city.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Bhagyoday Bellasera, Race Course Circle 3,000 -1.8
Premium residential offerings define the luxury segment in the area. Bhagyoday Bellasera serves as a key project in Race Course Circle, currently priced at ₹3,000 per sq ft. This development represents the established quality available to those seeking a residence in this prime location.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Race Course Circle, 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 Race Course Circle, Vadodara

FAQ

Frequently Asked Questions About Property Rates in Race Course Circle, Vadodara

What is the current average asking price in Race Course Circle?

As of March 2026, the average asking price in Race Course Circle stands at ₹4,750 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, reflecting a consistent pricing environment for residential apartments in this locality.

How do property prices in Race Course Circle compare to nearby areas in Vadodara?

Property prices in Race Course Circle, currently at ₹4,750 per sq ft, are generally higher than many surrounding neighbourhoods. For comparison, nearby areas like Nizampura are priced at ₹4,350 per sq ft (which appreciated by 7.45% from the previous period), while other areas like Gotri and Gotri Road are more affordable, currently at ₹3,300 per sq ft and ₹3,250 per sq ft respectively. These variations allow buyers to choose between the premium positioning of Race Course Circle and the more accessible price points in the immediate vicinity.

What is the price trend for apartments in Race Course Circle?

Apartments in Race Course Circle are currently priced at an average of ₹4,750 per sq ft as of March 2026. This segment has shown resilience, having appreciated by 1.25% compared to the previous period, indicating steady demand for apartment-style living in this specific locality.

What is the price difference between Ready To Move properties and other segments in Race Course Circle?

Ready To Move properties in Race Course Circle are currently available at an average price of ₹3,000 per sq ft as of March 2026. This figure represents a depreciation of 1.78% compared to the previous period, which may be attributed to market adjustments or specific inventory availability within this status category.

What are the rental rates in areas near Race Course Circle?

Rental rates in the vicinity of Race Course Circle are currently consistent across key nearby micro-markets. Both Subhanpura and Bhayli command an average rental rate of ₹50 per sq ft as of March 2026. These rates have remained stable with a 0% change, indicating a predictable rental market for tenants and landlords in these areas.

How should a buyer interpret the price trends in Race Course Circle?

A buyer should note that the average asking price in Race Course Circle has held steady at ₹4,750 per sq ft as of March 2026. While the broader micromarket rate has fluctuated—moving from ₹4,050 per sq ft in June 2025 to ₹3,550 per sq ft in March 2026—the stability in the primary locality rate suggests a well-established market. Investors and end-users can use these quarterly trends to gauge the long-term price trajectory when planning their purchase.

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