Buying Property in Rajkot as an NRI: Kalawad Road & 150 Ft Ring Road
Typical apartment range: ₹4,000-6,500 / sq.ft
Kalawad RoadRaiya Road150 Ft Ring RoadUniversity RoadMavdi
Rajkot is the commercial heart of Saurashtra, and it holds a quiet advantage no other Gujarat city can match for a non-resident buyer: familiarity. A large share of the Patel and Saurashtrian diaspora across the US, UK and East Africa traces home to this region, so buying in Rajkot is often less about discovering a new market and more about investing where family already is.
An NRI-native market
That diaspora connection shapes the market itself. Developers here are used to NRI buyers, remittance-funded purchases are routine, and family networks make remote management genuinely easier than in a city where you know no one. For many Saurashtrian NRIs, a Rajkot flat is the natural first property back home.
Underneath the sentiment, the fundamentals are improving fast. Rajkot is an engineering and manufacturing hub, auto components, castings, machine tools, and two big public investments are re-rating the city: the new greenfield international airport at Hirasar and AIIMS Rajkot, both drawing employment and infrastructure toward the outer corridors.
Where buyers look
- Kalawad Road, the premier residential axis, newer high-rises, schools and retail; the most sought-after and liquid stretch.
- Raiya Road, parallel growth corridor, strong with families, steadily appreciating.
- 150 Ft Ring Road, the ring that’s opened up large-format modern projects and better value further out.
- University Road, established, central, reliable rental demand.
- Mavdi, a popular, more affordable entry point on the south side.
Apartments here broadly trade in the ₹4,000-6,500 per sq.ft band, the most affordable of Gujarat’s major cities, with Kalawad and Raiya Road at the top end.
What to weigh as an NRI
Rajkot’s entry prices are low and its NRI-friendliness is high, which lowers the practical friction of buying and managing from abroad. The trade-off is that rental yields and appreciation depend heavily on picking the right corridor, proximity to the ring road, airport axis and good schools does the heavy lifting.
Stick to GujRERA-registered projects, verify the title locally, and fund through your NRE/NRO account. Then run your figures through the EMI and rent-vs-buy calculators to see how the low entry price changes your breakeven.
Prices and rates here are indicative and move constantly, always verify current local figures and consult a qualified professional before buying.