Rajkot is Gujarat's fourth-largest city and Saurashtra's undisputed commercial capital. Known for its engineering SMEs, gold jewellery, and engineering goods exports, Rajkot is one of India's fastest urbanising cities. With the Rajkot Greenfield International Airport (India's first net-zero airport) recently opened and a Metro under construction, the city is on a rapid growth trajectory.
Quick Investment Snapshot
Rajkot was Mahatma Gandhi's childhood city and today stands as a thriving business hub. The city has India's highest density of CNC machine manufacturers, casting units, and engineering SMEs. The new Hirasar Greenfield Airport — India's first solar-powered net-zero airport — has transformed connectivity. With Smart City Mission investment and a growing retail economy, Rajkot offers strong Tier-2 investment potential.
Hirasar Greenfield Airport — India's first net-zero solar airport (opened 2023)
Rajkot Metro: DPR approved, construction starting
India's leading engineering SME hub — 50,000+ units
Gold jewellery export capital of Saurashtra
Rajkot Smart City ₹1,000 crore infrastructure investment
150 km from Ahmedabad via NH-27 expressway
AIIMS Rajkot — new premier medical institution
One of India's fastest urbanising cities 2020-2025
Rajkot attracts Saurashtra NRIs, engineering industrialists, and Gujarat buyers seeking affordable appreciation.
Hirasar Airport opening new international routes
Engineering SME economy creating 2 lakh+ jobs
AIIMS Rajkot creating medical professional demand
Smart City investment transforming infrastructure
Very affordable entry prices with 14-20% appreciation
Strong Saurashtra NRI investment community
Rajkot's growing retail and food economy
Metro under planning — future connectivity boost
Rajkot's new airport and smart city are key infrastructure drivers.
India's first net-zero airport attracting more routes and business travel
Intra-city metro improving mobility across zones
Outer bypass opening new residential zones
Premier government medical college creating healthcare cluster
₹1,000 crore urban infrastructure: roads, drainage, parks
Rajkot economy is led by engineering SMEs, jewellery, and agriculture.
Rajkot residential market spans from Kalawad Road premium to Gondal Road affordable.
Most premium residential, AIIMS proximity, gated communities
Airport proximity, new township launches
Established residential, good connectivity
Industrial proximity, southern expansion
Outer ring zone, long-term appreciation
Rajkot commercial market anchored by Dhebarbhai Road and new airport zone.
Rajkot's main commercial spine
Hotels, logistics near India's newest airport
Jewellery market, wholesale trade
Engineering SME supply chain warehouses
Rajkot prices rising fast post-airport opening.
| Year | Avg Price (₹/sqft) | Growth |
|---|---|---|
| 2019 | ₹2,800 | — |
| 2020 | ₹2,700 | 3.6% |
| 2021 | ₹3,000 | 11.1% |
| 2022 | ₹3,700 | 23.3% |
| 2023 | ₹4,600 | 24.3% |
| 2024 | ₹5,500 | 19.6% |
| 2025 | ₹6,700 | 21.8% |
Rental demand from engineering workers, AIIMS students, and Saurashtra migrants.
| Property Type | Monthly Rent | Rental Yield |
|---|---|---|
| 1 BHK | ₹6,000-11,000/month | 4.8% |
| 2 BHK | ₹10,000-18,000/month | 5.2% |
| 3 BHK | ₹15,000-27,000/month | 5.5% |
| Commercial Shop | ₹20,000-60,000/month | 6.0% |
| Industrial Shed | ₹20-40/sqft/month | 7.0% |
Rajkot has good engineering and medical colleges.
Rajkot has AIIMS and strong private hospitals.
Rajkot has excellent new airport and highway connectivity.
Hirasar Greenfield International Airport: 20+ routes to Delhi, Mumbai, Bengaluru, Dubai
NH-27 (Rajkot-Ahmedabad): 150 km, 2 hours to Ahmedabad
NH-947 connecting to Junagadh and Somnath
NH-51 to Jamnagar (90 km)
Rajkot Junction Railway: Express trains to Ahmedabad, Mumbai
Rajkot BRTS: Limited BRT connectivity
Ring Road: Outer bypass under expansion
Rajkot Metro: DPR approved, expected 2028
Rajkot offers Saurashtra's richest cultural and food heritage.
Kaba Gandhi No Delo — Mahatma Gandhi childhood home museum
Watson Museum — colonial-era natural history
Rotary Midtown Mall, Crystal Mall — modern retail
Rajkot zoo and Aji Dam recreational area
Kalawad Road food street — Saurashtra's best food scene
Gondal Royal Palace (40 km) — heritage day trip
Somnath Temple (200 km) — one of 12 Jyotirlingas
Gir National Park (200 km) — Asiatic Lion wildlife safari
AIIMS and airport expansion are the biggest upcoming catalysts.
Premier medical university attracting 3,000+ students and faculty
More Dubai, Singapore routes attracting NRI investment
Outer zones Gondal Road, Bhavnagar Road opening
Metro planning to construction stage
New industrial plots for engineering SME expansion
Rajkot suits Saurashtra NRIs, industrial workers, and AIIMS-linked professional housing investors.
Kalawad Road premium residential for appreciation and family housing
Budget: ₹35-90 LakhsKothariya Road near AIIMS for medical professional rental
Budget: ₹25-60 LakhsGondal Road industrial shed for business use
Budget: ₹20-60 Lakhs150 Feet Ring Road 2BHK for end-use
Budget: ₹20-45 LakhsHirasar airport zone hotel/commercial
Budget: ₹30-100 Lakhs