Vadodara
Vemali is emerging as a key residential hub in Vadodara, characterized by consistent price appreciation and a balanced mix of ready-to-move and under-construction inventory. The market has demonstrated steady growth over the last several quarters, with property rates reaching ₹3,800 per sq ft. Rental activity remains attractive, supported by a competitive rental yield of 6.00% and consistent demand for 3 BHK apartments. Developers are focused on delivering modern living spaces, with premium projects setting new benchmarks for the locality.
As of March 2026, the average asking price in Vemali is ₹3,800 per sq ft. This figure reflects an appreciation of 2.18% compared to previous periods, indicating a resilient demand for residential apartments in this locality.
Property prices in Vemali have shown a steady upward trajectory, moving from ₹3,350 per sq ft in June 2025 to ₹3,800 per sq ft by March 2026. This consistent growth across consecutive quarters suggests strong buyer interest and a tightening supply, making it a noteworthy area for those tracking real estate appreciation in Vadodara.
Property rates in Vemali, currently at ₹3,800 per sq ft, sit in a competitive middle ground when compared to surrounding areas. For instance, New Sama commands a higher rate of ₹4,650 per sq ft, having appreciated by 5.2% from previous periods, while Nizampura is priced at ₹4,350 per sq ft with a 7.45% appreciation. Conversely, areas like Fatehgunj are currently priced at ₹3,550 per sq ft, which reflects a 2.56% appreciation, providing a broader spectrum of investment options for buyers based on their budget and location preference.
As of March 2026, under-construction properties in Vemali are priced at ₹3,800 per sq ft, showing an appreciation of 3.1% over the observed period. In contrast, ready-to-move properties are available at a lower average of ₹3,050 per sq ft, which has seen a depreciation of 6.92% compared to earlier periods. This price gap often reflects the premium buyers are willing to pay for newer, modern amenities in upcoming projects versus the immediate availability of established units.
Vemali currently offers a rental yield of 6.00%, with an average rental rate of ₹19 per sq ft as of March 2026. A rental yield of 6.00% is a key indicator for investors, as it represents the annual return on investment from rental income relative to the property's purchase price. The rental rate has remained stable with 0% change, suggesting a consistent income stream for landlords in this market.
As of March 2026, 3 BHK apartments in Vemali command an average rent of ₹25,000 per month. This price point provides a clear benchmark for tenants seeking larger living spaces and for property owners looking to understand the current market value of their 3 BHK assets in the locality.
Lilleria Aashiana is a prominent project in Vemali for renters, with a current rental rate of ₹16 per sq ft as of March 2026. The rental rate for this project has remained stable with 0% change over the observed period, reflecting a steady rental market for this specific development.
Buyers should note that as of March 2026, property status significantly influences pricing in Vemali. While under-construction projects are priced at ₹3,800 per sq ft (up 3.1%), new launches are priced at ₹2,800 per sq ft (down 1.88%), and mid-stage projects are also at ₹2,800 per sq ft (down 7.48%). This indicates that investors may find lower entry points in new or mid-stage developments, whereas ready-to-move units at ₹3,050 per sq ft (down 6.92%) offer immediate utility, albeit with different price movement dynamics.
Lilleria Apartments is currently one of the top projects in Vemali by listing rate, priced at ₹3,900 per sq ft as of March 2026. Notably, this project has seen a significant appreciation of 24.18% compared to previous periods, signaling strong demand or a repositioning of its market value within the Vadodara North region.
The rental market in Vemali is currently more accessible than in Subhanpura, with Vemali averaging ₹19 per sq ft compared to Subhanpura's ₹50 per sq ft as of March 2026. While Vemali's rental rates have remained stable with 0% change, Subhanpura also maintains a stable rental environment with 0% change, highlighting the distinct premium associated with the Subhanpura micromarket.
