Gujarat, Vadodara (Baroda) - The Future of India
After Ahmedabad and Surat, Vadodara is the third most populated city in the Indian state of Gujarat - with a populace of over 1 million. Also known as the Cultural Capital of Gujarat – Vadodara is a silent reincarnation of the city of Baroda, now dedicated to education and industry, and home to the world-renowned M.S University and Asia’s largest library.
Vadodara has become the new face of industry on the sub-continent by taking its investors into direct competition with India’s metro cities. Not only rich in culture and heritage, the city has also taken up a new stance in the universal business arena. Vadodara’s investment into the development of it’s infrastructure is currently estimated to be more than $650 million (Rs 3000 crores).
Compared to the other metro cities, which are already saturated in terms of real estate development and prices, Vadodara is increasing its pace of development by doing more and attracting more business than ever before. High profile companies such as Wall Mart are currently looking to invest in the Vadodara district. And, with the creation of free-zone development areas to encourage foreign companies to set up manufacturing units, and offering them a tax free status for up to 12 years, Vadorada is clearly set to be the next boom town in India.
MCL are specialists in sourcing land, commercial, industrial and residential investment opportunities in this area and can assist clients in the buying process. Contact us now to discuss your requirements.
