Khanderao market is a palatial commercial building located on Chamaraja Road in Vadodara, Gujarat, in western India.

It was erected by Maharaja Sayajirao Gaekwad III in 1906–07 as a gift to the city municipality to mark the silver jubilee of his administration.

[6] The market was designed in Indo-Saracenic style by English architect Robert Chisholm before his return to England.

[3] The two-storey building has two bays connected by an overhead passage with a large central dome rising to the height of 86 feet.

[1][3] The statue of Khanderao in the courtyard was sculpted by Vinayak Pandurang Karmarkar and was inaugurated by Sayajirao Gaekwad III on 23 December 1935.