Aerial view of Gujarat Refinery Township, Vadodara

Area Guide

Living, Buying or Investing in Gujarat Refinery Township

Explore property prices, rental trends, connectivity, lifestyle and investment potential before deciding where to live or invest.

Vadodara 3.9/5 Livability A Company Township & DISTRICT
Prepared by Condivio Market ResearchReviewed by a Vadodara property specialist

Population

0.05 Lakh

Gujarat Refinery Township (approx.)

Average Purchase Price

₹14–19K / sq.ft.

Typical 2 BHK: ₹70L–89L

Average Monthly Rent

₹32K–59K

Typical 2 BHK

Price Trend

↑ 6–9%

Past 12 months

Investment Outlook

Strong

Check SMC/KMDA jurisdiction and the 7/12 extract position

Area Overview

What makes Gujarat Refinery Township special

Gujarat Refinery Township is COMPANY HOUSING built for the IOCL refinery workforce at Koyali.

STOCK IS ALLOTTED TO EMPLOYEES rather than sold, and does not trade on the open market.

Establish the tenure position before treating anything here as an ordinary purchase.

A Company Township
IOCL Stock
Check Tenure
Not Open Market
Parks & Gardens
Markets & Malls

Who Lives Here

Demographics, languages & community

Population

Gujarat Refinery Township (approx.)0.05 Lakh
Density≈1,700/km²
Area≈3 km²

A settled population in the Vadodara urban belt.

Languages

Hindi54%
English24%
Punjabi10%
Gujarati6%
OthersOthers

Official language: Gujarati, with Hindi and English widely used.

Communities

North Indian (Other)

Large professional population

North Indian (Punjabi)

Established community

Gujarati

Substantial long-settled community

South Indian

Corporate and IT community

Others

Communities from across India

An established Vadodara locality under SMC, with a long-settled population.

Typical Residents

46%

Families

Local households and society residents

26%

Young Professionals

Salt Lake Sector V, New Town and city offices

12%

Investors

Buy-to-let and held units

10%

Students & Staff

The institutional belt

6%

Trade & Services

Local business

Food & Dining

From street food to fine dining

Street food and dining in Gujarat Refinery Township, Vadodara

Taste of Gujarat Refinery Township

From ₹20 street snacks to ₹2500 restaurant dining

Budget Friendly

Cheap Eats & Street Food

Restaurants

Popular Restaurants

Cafes & Nightlife

Cafes & Bars

Transport & Commuting

Getting around from Gujarat Refinery Township

Local train and transport links serving Gujarat Refinery Township, Vadodara

Exceptionally Connected

A Company Township & DISTRICT • Vadodara has NO METRO — a Metro Neo / Metro Lite DPR was commissioned in early 2026; study stage, not build stage • Alkapuri 10 min • Vadodara Airport 20 km

Local Train

Vadodara Junction is about 0 km; Gujarat Refinery Township and the extensive suburban network are alternatives.

Metro

Vadodara Metro runs FIVE LINES. The Blue Line — India’s first metro, running since 1984 — covers the north-south spine. The Green Line runs Gujarat Refinery Township Sayaji Baug to Salt Lake Sector V THROUGH THE FIRST UNDER-RIVER TUNNEL IN INDIA. The Purple, Yellow and Orange Lines serve Joka, the airport and the eastern bypass, with further sections opening through 2026.

Airport

Vadodara Airport about 20 km — around 48 minutes at peak.

Roads

The EM Bypass, VIP Road, Diamond Harbour Road and Barrackpore Trunk Road form the arterial network, with Chowringhee through the centre.

Commute Times from Gujarat Refinery Township

Vadodara has NO METRO — a Metro Neo / Metro Lite DPR was commissioned in early 2026; study stage, not build stage Metro

3 min • Road

Alkapuri

10 min • Road

Alkapuri

10 min • Road

DND Flyway

8 min • Road

Vadodara Airport

48 min • Road

Vadodara Junction Station

9 min • Road

Gujarat Refinery Township Station

3 min • Road

Gujarat Refinery Township Sayaji Baug Metro

4 min • Road

Schools & Colleges

Schools, colleges & learning centres

Higher Education

Colleges & Universities

Schools

Schools (K–12)

Family & Kids

Playgrounds, activities & healthcare

Neighbourhood park in Gujarat Refinery Township, Vadodara

Family-Friendly Living

Parks, schools and hospitals — all within reach

Parks & Play

  • Local parks
  • Riverfront (2 km)
  • The Sayaji Baug
  • Sursagar Lake
  • Multiple society playgrounds

Healthcare

Weekend Activities

  • Local parks
  • Alkapuri (5 km) (retail & dining)
  • Sayaji Baug & Sayaji Baug
  • Prinsep Ghat
  • Libraries & reading rooms

Young Professionals & Students

Coworking, fitness & social life

Offices and coworking space in Gujarat Refinery Township, Vadodara

Work, Play, Repeat

Coworking from ₹400/day • Gyms • SMC jurisdiction

Coworking Spaces

  • Local shared offices
  • Salt Lake Sector V
  • New Town IT parks
  • Day passes from ₹400

Fitness & Gym

  • Multiple branded gyms
  • Yoga studios
  • Society swimming pools
  • Morning walking groups

Work Cafes

  • Starbucks
  • Chaayos
  • Cafe Coffee Day
  • Multiple chai tapris

Nightlife

  • Local dining
  • Alkapuri restaurants
  • Strong pub and bar culture
  • Late-night Surti adda tradition

Premium Living

For affluent renters & luxury seekers

Luxury Residences

High-End Living Options

Premium 3 BHK Apartments

In the independent floors and newer builds. Lift, parking and power backup vary considerably by building.

₹32K – ₹62K/month

Builder Floors & Independent Houses

Independent houses and older bungalows, the characteristic Vadodara stock.

₹58K – ₹1.5L/month

Serviced Apartments

Serviced apartments are a solid market here, driven by the IT and corporate belt.

₹30K – ₹68K/month

Premium Lifestyle

Fine Dining, Clubs & Wellness

Fine Dining

Wellness & Spa

Clubs & Lounges

Airport Proximity

Vadodara Airport about 20 km — around 48 minutes at peak

Chauffeur Services

Easy access to Uber Black, Ola Lux, and private chauffeur services

Designer Shopping

Local market, Mandvi market (5 km), Inorbit Vadodara

Gujarat Refinery Township

The IOCL refinery township

Gujarat Refinery Township vs Nearby Areas

Side-by-side with nearby localities

A practical comparison to help you decide if Gujarat Refinery Township is the right fit versus neighbouring localities.

FactorGujarat Refinery TownshipKoyaliPetroGSFC TownshipNandesari
1 BHK Rent₹14K–22K₹14K–22K₹14K–22K₹16K–24K₹13K–20K
2 BHK Rent₹25K–46K₹25K–46K₹25K–46K₹27K–50K₹23K–42K
Premium Rent₹65K–1.47L₹65K–1.47L₹65K–1.47L₹70K–1.6L₹60K–1.34L
Luxury Rent₹1.12L–2.99L₹1.12L–2.99L₹1.12L–2.99L₹1.22L–3.25L₹1.04L–2.73L
Train StationVadodara Jn (5 km)Vadodara Jn (7 km)Vadodara Jn (4 km)Vadodara Jn (9 km)Vadodara Jn (6 km)
Metro AccessMetro AccessUnder constructionUnder constructionUnder constructionUnder construction
Airport DistanceUnder construction12 km14 km10 km16 km
Nightlife13 kmModerateModerateModerateModerate
Education HubModerateGoodGoodGoodGood
GoodRiverfront Access4 km5 km3 km6 km
Safety Rating4 km4.2/54.2/54.1/54.1/5
Food Scene4.0/5Very GoodGoodVery GoodGood
Green SpacesGoodGoodGoodGoodGood
GoodExpat FriendlyGoodGoodModerateModerate

Why choose Gujarat Refinery Township?

Gujarat Refinery Township is IOCL COMPANY HOUSING for the refinery workforce — allotted rather than sold, and it does not trade freely.

Condivio Advisor

Still deciding between these neighbourhoods?

A Condivio Advisor can compare them based on your budget, commute, family needs and investment goals.

Budget and property comparison
Commute and connectivity analysis
Lifestyle and family suitability
Appreciation and rental potential

Parks & Outdoors

Green spaces and recreation

Parks & Gardens

Local parks

Neighbourhood parks maintained by SMC.

Best for: Morning walks & families

Green belts

Planted belts about 2 km, part of the city’s grid layout.

Best for: Cycling & walking

The Sayaji Baug

The vast central green at the heart of the city.

Best for: Walks & evenings

Entertainment & Things to Do

Shopping

Local market, Mandvi market (5 km), Inorbit Vadodara

Cinema

Local cinemas, Alkapuri multiplexes (5 km)

Attractions

Sayaji Baug (2 km),, Gujarat Refinery Township Bridge,, Laxmi Vilas Palace

Sports

Local sports grounds, Reliance Stadium, Kotambi Stadium

Places of Worship

Sector temples, Local shrines & gurudwaras

Daily Living in Gujarat Refinery Township: Shops, Banks & Services

Supermarkets, services & essentials

Supermarkets

  • Local market
  • Mandvi market (5 km)
  • Mandvi wholesale
  • Blinkit & Zepto delivery

Pharmacies

  • Apollo Pharmacy
  • Wellness Forever
  • Multiple 24/7 stores
  • Home delivery available

Banks & ATMs

  • SBI, HDFC, ICICI
  • Kotak, Axis Bank
  • ATMs every 200m
  • UPI widely accepted

Gyms & Fitness

  • Local gyms from ₹1000/mo
  • Hotel gyms
  • Cult.fit (Vadodara)
  • Yoga studios

Convenience

  • 24/7 stores available
  • Swiggy/Zomato active
  • Laundry services
  • Home services apps

Internet & Mobile

  • Jio Fiber available
  • Airtel Xstream
  • Good 4G/5G coverage
  • 100 Mbps from ₹699/mo

Parking

  • Parking varies by street
  • Wide planned roads
  • Market parking tight
  • Autos & cabs abundant

Libraries

  • Local library
  • School libraries
  • Society libraries
  • Local reading rooms

Property Prices in Gujarat Refinery Township

Average monthly rents in Gujarat Refinery Township (2026 estimates)

TypeRangeBest For
PG / Shared₹7K – ₹7KStudents / Young professionals
1 RK₹10K – ₹14KSingles
1 BHK₹14K – ₹22KCouples / Young professionals
2 BHK₹25K – ₹46KSmall families
3 BHK₹39K – ₹76KFamilies
3 BHK Premium₹65K – ₹1.47LAffluent families / Expats
Penthouse / Villa₹1.12L – ₹2.99LHNIs / Senior management

Note: COMPANY HOUSING, allotted to employees rather than sold. IT DOES NOT TRADE ON THE OPEN MARKET in the ordinary way. Prices shown are indicative for the surrounding belt only. ESTABLISH WHETHER ANY UNIT IS ACTUALLY TRANSFERABLE before treating this as a purchase.

Pros and Cons of Renting in Gujarat Refinery Township

What you should know before moving

What's Great

  • ✓Well-provided township with its own amenities
  • ✓Substantial refinery employment
  • ✓Green, low-density layout

What to Watch Out For

  • COMPANY HOUSING — allotted to employees, not sold
  • IT DOES NOT TRADE ON THE OPEN MARKET
  • Establish the tenure position before pursuing anything
  • The refinery adjoins — air and water are reasonable enquiries
  • Establish VMC or VUDA jurisdiction for the specific property

Renting in Gujarat Refinery Township: Pro Tips

Locality Ratings

4.2

Connectivity

3.2

Lifestyle

4.0

Safety

4.2

Environment

Skyline of Gujarat Refinery Township, Vadodara at golden hour

Considering Gujarat Refinery Township?

Get a clear, personalised read before you rent, buy or invest.

Condivio Personalised Advisory

Get a complete analysis before you decide

Tell us what you are looking for and a Condivio Advisor will help you assess whether Gujarat Refinery Township is right for you—or recommend better alternatives.

Personalised rental analysis
Purchase-price and budget assessment
Investment and rental-yield analysis
Comparison with nearby neighbourhoods
Suitable property and project shortlist
Financing and EMI guidance, where relevant

No obligation. Advice based on your budget, requirements and preferred location.

Frequently Asked Questions

Quick answers about living, buying and renting in Gujarat Refinery Township.

Is Gujarat Refinery Township a good place to live?

Gujarat Refinery Township is IOCL company housing for the refinery workforce — allotted rather than sold.

What is the average property price in Gujarat Refinery Township?

Purchase prices are typically around ₹14,000–19,000 per sq.ft, with a typical 2 BHK ranging from ₹70L to ₹89L.

What is the rent for a 2 BHK in Gujarat Refinery Township?

A 2 BHK in Gujarat Refinery Township typically rents for ₹32,000 to ₹59,000 per month depending on building, floor and condition.

Can you buy in a company township?

Generally not, and that is the honest answer. Company townships like the Gujarat Refinery, GSFC and ONGC estates were built to house employees, with units allotted for the duration of employment rather than sold. Some older townships have transferred stock to private ownership over time, but the position varies and is not visible from outside. Six township entries appear on this sheet. In every case establish first whether any unit is actually transferable before treating it as an ordinary purchase.

Is Gujarat Refinery Township suitable for families?

Local CBSE schools operate within 2 km with a local CBSE school about 7 km and Regional international school about 6 km, plus local hospitals about 2 km.

Is Gujarat Refinery Township a good investment?

Reported price appreciation has been roughly 6–9% per year with rental yields around n/a. As with any market, actual returns vary and should be checked against current transaction data before investing.

How far is Gujarat Refinery Township from Vadodara airport?

Gujarat Refinery Township is about 20 km from Vadodara Airport — around 48 minutes at peak.

What are the best nearby alternatives to Gujarat Refinery Township?

Comparable alternatives include Koyali, Petro, GSFC Township and Nandesari.

Data, methodology & sources. Prices and rents are indicative locality ranges for Gujarat Refinery Township, compiled from active listings and registered transaction data, updated 10 August 2026; actual figures vary by building age, condition, floor, amenities and micro-location. Prepared by Condivio Market Research and reviewed by a Vadodara property specialist. Sources include WB Directorate of Registration & Stamp Revenue (e-Dhara) records, property-listing aggregators and Condivio’s internal market tracking. Investment indicators are historical and not a guarantee of future returns.