If you have been tracking Rajkot's real estate scene over the past few years, you have probably noticed something significant. The city is expanding rapidly, and the buzz is no longer just around Kalawad Road or the older parts of town. The 150ft Ring Road is quietly emerging as the new commercial and residential nerve centre.
In fact, Why Rajkot's 150ft Ring Road Is Becoming the City's New CBD is a question I hear from investors and homebuyers almost every week. And the answer lies in a combination of infrastructure upgrades, shifting buyer preferences, and smart urban planning. Let me break it down for you.
The Shift from Traditional Hubs
For decades, Rajkot's central business district was synonymous with Kalawad Road and the area around Jubilee Chowk. These were the places where you found banks, showrooms, and offices. But here is the thing – these areas have become congested. Traffic snarls are a daily reality, and parking is a nightmare.
Now, look at the 150ft Ring Road. It was originally conceived as a bypass, but it has evolved into a high-potential corridor. The road itself is wide, well-maintained, and connects multiple key zones – from the airport side to the western suburbs. This connectivity is a game-changer.
What many buyers overlook is that the Ring Road is not just a road; it is a development spine. Along its stretch, you have new residential projects, IT parks, and even a proposed medical hub. The truth is, this corridor offers the space and accessibility that older areas simply cannot match.
Why Developers Are Flocking Here
Developers are not fools. They go where the demand is. And right now, the demand on the 150ft Ring Road is off the charts.
Take the example of a project by Savvy Group near the Ring Road's junction with Kalawad Road Extension. They launched a residential tower last year, and within three months, 70% of the units were sold. Why? Because buyers see the potential.
Here is a quick look at the price trends:
- Residential apartments: Rs 45-65 lakhs for a 2BHK (around 900-1,100 sq ft) in mid-range projects.
- Luxury villas: Rs 1.2-2 crores in gated communities near the Ring Road's southern stretch.
- Commercial spaces: Rs 8,000-12,000 per sq ft for retail units, with rental yields of 3-4%.
Compare this to Kalawad Road, where similar apartments cost Rs 55-75 lakhs, but with older layouts and less green space. The Ring Road offers better value for money, especially for young professionals and families.
Infrastructure Driving the Change
You cannot talk about a CBD without talking about infrastructure. The 150ft Ring Road benefits from several key projects:
- Rajkot Metro: The proposed metro line will have a station near the Ring Road, making it a transit-oriented hub.
- Airport proximity: The road is just 15 minutes from Rajkot International Airport, which is undergoing expansion.
- Ring Road extension: The ongoing work to connect it to the Bypass Road will further improve access to industrial areas like Aji and Lodhika.
Moreover, the Rajkot Municipal Corporation has approved a new commercial zone along this corridor. This means more office spaces, co-working hubs, and retail complexes are coming up.
In my experience, when a city plans its infrastructure around a road, that road becomes the backbone of the city. And that is exactly what is happening here.
Types of Properties You Can Consider
If you are thinking of investing, here is what I personally recommend based on your goals:
For End-Use Homebuyers
Look at projects near the Ring Road's intersection with Kalawad Road or University Road. These areas offer the best schools, hospitals, and shopping options.
- Example: A 3BHK in a new project by Aranya Group near the Ring Road costs around Rs 75-85 lakhs. It includes a clubhouse, swimming pool, and 24/7 security.
For Investors
Focus on smaller units near the proposed metro station. A 1BHK or studio apartment in a project like Gurukrupa Residency (near the Ring Road's eastern end) can be bought for Rs 30-35 lakhs and rented out for Rs 10,000-12,000 per month. The rental demand is strong due to the nearby IT park.
For Commercial Buyers
If you have a higher budget, consider a retail shop or office space in the upcoming Ring Road Commercial Complex. Prices start at Rs 1.5 crores for a 500 sq ft shop. The footfall is expected to be high once the metro is operational.
RERA Tip: Don't Skip This Step
Here is a critical tip: Always check the RERA registration number of any project you consider. In Gujarat, every project must be registered under RERA. You can verify it on the Gujarat RERA website.
I have seen cases where buyers paid advance money for a project that had no RERA approval. They ended up in legal trouble. So, before you sign anything, ask for the RERA number. It is your safety net.
The Future: What to Expect by 2027
Wondering where this is heading? By 2027, the 150ft Ring Road will likely be the most sought-after address in Rajkot. Here is why:
- Metro operational: The first phase of Rajkot Metro is expected to be ready by 2026. The Ring Road station will connect you to the airport, railway station, and other parts of the city.
- Commercial boom: At least five new shopping malls and two IT parks are in the pipeline. This will create jobs and attract more people to live nearby.
- Price appreciation: Based on current trends, property prices on the Ring Road could appreciate by 15-20% annually for the next three years. That is a solid return on investment.
But here is a word of caution: Not all parts of the Ring Road are equal. The stretch near Kalawad Road and University Road is already expensive. If you want better value, look at the segment near Gondal Road or Bhavnagar Road – these are emerging pockets with lower entry prices.
Key Takeaways
- The 150ft Ring Road is transforming into Rajkot's new CBD due to infrastructure and demand.
- Residential prices range from Rs 45 lakhs to Rs 2 crores, depending on location and amenities.
- Commercial spaces offer good rental yields, but require higher capital.
- Always verify RERA registration before investing.
- The best entry points are near Gondal Road and Bhavnagar Road for future growth.
Conclusion
So, is the 150ft Ring Road the right choice for you? If you want a property that offers growth potential, modern amenities, and good connectivity, the answer is a resounding yes. But do your homework. Visit the area on a weekday and a weekend. Talk to local brokers. And most importantly, work with a registered developer.
Rajkot is changing, and the 150ft Ring Road is at the heart of that change. Do not miss the bus. Start your search today.
*Have you visited the 150ft Ring Road recently? What did you think? Share your experience in the comments below!*