Property rates in Ahmedabad average ₹6,450 per sq ft, reflecting a steady upward trend over the past year. This growth is bolstered by a vibrant residential sector where apartments currently command an average price of ₹6,450 per sq ft. Meanwhile, the city’s rental market remains attractive, offering an average rental yield of 4.28%. Strategic micromarkets like SG Highway continue to drive interest, with premium projects showcasing the city's expanding real estate potential.
Insights for Ahmedabad Real Estate Market Overview
The Ahmedabad real estate market exhibits positive momentum, driven by a consistent rise in property prices and a robust supply of diverse housing options. Current trends show a marked appreciation in capital values, particularly in the apartment segment, while the rental market provides steady returns for investors. Development activity remains balanced, with a significant number of new launches and under-construction projects catering to varied buyer timelines. The market is supported by both established hubs like SG Highway and emerging residential zones that continue to attract significant investment interest.
Average apartment prices have seen a notable increase, now standing at ₹6,450 per sq ft.
The rental market is performing well with an average rental rate of ₹23 per sq ft and a healthy rental yield of 4.28%.
Commercial segments, particularly shops, have experienced strong growth with average prices reaching ₹16,400 per sq ft.
SG Highway continues to be a premium micromarket, with rental rates averaging ₹50 per sq ft.
New launch projects provide a vast supply of 322 units, offering entry-level opportunities at ₹5,350 per sq ft.
Market Strengths
Robust apartment price growth of 9.92% indicates strong demand in the residential sector.
High rental demand for 4 BHK units, commanding an average of ₹80,350 per month.
SG Highway remains a strong growth hub with a 10.73% increase in property rates.
Diverse supply with 490 ready-to-move units provides immediate choices for homebuyers.
Significant 15.5% growth in shop prices highlights the vitality of the commercial retail market.
Consistent upward quarterly price trend from ₹5,850 to ₹6,450 per sq ft.
Market Challenges
New launch projects have seen a price adjustment of -3.52%, indicating a softening in initial launch pricing.
The shop rental market has experienced a decline of -11.27%, reflecting current commercial leasing pressures.
Partially ready-to-move projects have seen an average price dip of -17.66%.
Rental rates for villas have adjusted by -4.76% in the current market cycle.
Investment Opportunities
Rental yield of 4.28% provides a stable return for residential investors in the city.
The 15.5% price growth in the shop segment suggests strong potential for commercial investment.
New launch projects at ₹5,350 per sq ft offer a lower entry price compared to ready-to-move stock.
Villas show significant capital appreciation potential with a 26.56% increase in value.
3 BHK apartments offer a consistent rental income stream of ₹38,000 per month.
Top Micromarkets in Ahmedabad
SG Highway
Avg Price₹ 6,600 /Sq.Ft.
YOY
+ 0.05 %
Avg Rent₹ 23 /Sq.Ft.
YIELD
+ 4.18
LISTINGS
735
Ahmedabad North
Avg Price₹ 5,250 /Sq.Ft.
YOY
+ 1.99 %
Avg Rent₹ 19 /Sq.Ft.
YIELD
+ 4.34
LISTINGS
351
Ahmedabad East
Avg Price₹ 3,900 /Sq.Ft.
YOY
+ 3.91 %
LISTINGS
182
Ahmedabad South
Avg Price₹ 4,250 /Sq.Ft.
YOY
+ 2.79 %
Avg Rent₹ 32 /Sq.Ft.
YIELD
+ 9.04
LISTINGS
306
Ahmedabad Central
Avg Price₹ 7,750 /Sq.Ft.
YOY
+ 9.08 %
Avg Rent₹ 24 /Sq.Ft.
YIELD
+ 3.72
LISTINGS
178
Sanand1
Avg Price₹ 5,350 /Sq.Ft.
YOY
+ 5.44 %
LISTINGS
81
Gandhinagar
Avg Price₹ 5,950 /Sq.Ft.
YOY
+ 0.92 %
Avg Rent₹ 20 /Sq.Ft.
YIELD
+ 4.03
LISTINGS
109
Price Trend
Ahmedabad Property Price Trends and Appreciation
Property rates in Ahmedabad have shown a clear upward trajectory over the last few quarters. Prices rose from ₹5,850 per sq ft in December 2025 to ₹5,900 per sq ft in March 2026. This growth accelerated further by June 2026, with the city average reaching ₹6,450 per sq ft.
Ahmedabad’s micromarket landscape offers varied value propositions for different buyers. The SG Highway area commands a premium at ₹7,300 per sq ft, reflecting a strong price appreciation of 10.73%. In contrast, Sanand1 offers a more accessible entry point at ₹4,850 per sq ft, despite a price adjustment of -10.09%. These differing rates allow investors to choose between high-growth premium hubs and more budget-friendly emerging zones.
Ahmedabad offers a diverse range of property types to suit various investment goals. Villas lead the market in premium pricing at ₹15,350 per sq ft, having surged by 26.56%, while shops also command high value at ₹16,400 per sq ft with a 15.5% increase. Meanwhile, apartments remain the volume driver at ₹6,450 per sq ft with a 9.92% gain, and office spaces hold steady at ₹8,550 per sq ft.
The Ahmedabad market provides a balanced supply across various development stages. Ready To Move inventory, consisting of 490 units, is priced at ₹5,750 per sq ft, while 172 under-construction projects offer a similar entry price of ₹5,750 per sq ft with a 1.22% increase. New launches, which account for 322 units, are currently priced at a more competitive ₹5,350 per sq ft, providing options for long-term investors.
Project & Developer Insights
Top Residential Projects and Developers in Ahmedabad
Top Projectsin Ahmedabad
Adani Ambrosia is the top project in Ahmedabad with prices from ₹ 2.31 Cr to 2.67 Cr.
Premium residential developments in Ahmedabad set high-value benchmarks for the city. Empire Skypark on SG Highway leads the market with an asking price of ₹55,000 per sq ft. Keshvan Bungalows in Kalol follows with a significant rate of ₹21,300 per sq ft and a 21.38% increase, while Sobha Elysia in GIFT City is priced at ₹13,750 per sq ft. These projects highlight the demand for luxury living in prime locations.
Top projects across Ahmedabad demonstrate varied rental performance, with Radhe Residency in Chiloda reaching high rental rates of ₹135 per sq ft. Other notable developments like Adani Aster Neo and Venus Atlantis maintain stable rental rates of ₹44 and ₹34 per sq ft, respectively.
Rental Trends
Rental Trends and Average Rent in Ahmedabad
Rental rates in Ahmedabad vary significantly by unit size, ranging from ₹12,050 for studios to ₹80,350 per month for 4 BHK apartments. A 2 BHK unit averages ₹26,000 per month, while 3 BHK homes attract an average monthly rent of ₹38,000. These figures reflect a broad spectrum of residential rental options for different household sizes. SG Highway stands out as a key rental hub, with average rates reaching ₹50 per sq ft. This area has seen a positive rental growth of 4.35%, reflecting its continued popularity among tenants seeking prime locations. Rental rates for most property types, including apartments, office spaces, and shops, hover around ₹50 per sq ft. While apartments have seen a positive growth of 4.55%, commercial property types like shops have experienced a rental adjustment of -11.27%. Top projects across Ahmedabad demonstrate varied rental performance, with Radhe Residency in Chiloda reaching high rental rates of ₹135 per sq ft. Other notable developments like Adani Aster Neo and Venus Atlantis maintain stable rental rates of ₹44 and ₹34 per sq ft, respectively.
Rental rates in Ahmedabad vary significantly by unit size, ranging from ₹12,050 for studios to ₹80,350 per month for 4 BHK apartments. A 2 BHK unit averages ₹26,000 per month, while 3 BHK homes attract an average monthly rent of ₹38,000. These figures reflect a broad spectrum of residential rental options for different household sizes.
SG Highway stands out as a key rental hub, with average rates reaching ₹50 per sq ft. This area has seen a positive rental growth of 4.35%, reflecting its continued popularity among tenants seeking prime locations.
Rental rates for most property types, including apartments, office spaces, and shops, hover around ₹50 per sq ft. While apartments have seen a positive growth of 4.55%, commercial property types like shops have experienced a rental adjustment of -11.27%.
Frequently Asked Questions About Property Rates in Ahmedabad
What is the current average asking price in Ahmedabad as of June 2026?
The average asking price in Ahmedabad stands at ₹6,450 per sq ft as of June 2026. This figure represents an appreciation of 9.92% compared to previous periods, reflecting a sustained demand for residential apartments across the city. This upward trend suggests a robust market environment for property owners and investors alike.
How have property prices in Ahmedabad trended over the last few quarters?
Property prices in Ahmedabad have shown a positive trajectory, moving from ₹5,850 per sq ft in December 2025 to ₹5,900 per sq ft in March 2026, and reaching ₹6,450 per sq ft by June 2026. This consistent quarterly growth indicates strong market confidence and increasing buyer interest in the city's residential sector.
How do property rates compare between SG Highway and Sanand1 in Ahmedabad?
As of June 2026, SG Highway commands a premium average asking price of ₹7,300 per sq ft, which has appreciated by 10.73% over the observed period. In contrast, Sanand1 reports an average asking price of ₹4,850 per sq ft, which has seen a depreciation of 10.09% during the same timeframe, highlighting the significant price variance between prime commercial corridors and emerging micromarkets.
What are the average asking prices for different property types in Ahmedabad as of June 2026?
As of June 2026, property prices in Ahmedabad vary significantly by type: shops are priced at ₹16,400 per sq ft (up 15.5%), villas at ₹15,350 per sq ft (up 26.56%), office spaces at ₹8,550 per sq ft (up 1.01%), and apartments at ₹6,450 per sq ft (up 9.92%). The high appreciation in the villa segment particularly underscores a growing preference for premium, spacious living options.
How does the project status influence property rates in Ahmedabad as of June 2026?
As of June 2026, property rates in Ahmedabad vary by construction stage: Ready To Move units are priced at ₹5,750 per sq ft (a slight depreciation of 0.43%), while Under Construction projects are also at ₹5,750 per sq ft (an appreciation of 1.22%). New Launch projects currently average ₹5,350 per sq ft, reflecting a 3.52% depreciation, which may offer entry-level opportunities for investors looking for future value appreciation.
What is the average rental rate and rental yield in Ahmedabad as of June 2026?
The average rental rate in Ahmedabad is ₹23 per sq ft as of June 2026, reflecting an appreciation of 4.55% compared to previous periods. The city currently offers a rental yield of 4.28%, a key metric for investors that balances the cost of capital against potential monthly income from residential assets.
What is the BHK-wise rental pattern in Ahmedabad as of June 2026?
As of June 2026, monthly rental rates in Ahmedabad scale with unit size: Studios average ₹12,050, 1 BHK units ₹16,000, 2 BHK units ₹26,000, 3 BHK units ₹38,000, and 4 BHK units reach ₹80,350 per month. This tiered pricing allows tenants to choose properties based on their specific space requirements and budget, while providing landlords with clear benchmarks for competitive pricing.
Which projects command the highest rental rates in Ahmedabad as of June 2026?
As of June 2026, Radhe Residency in Chiloda, Gandhinagar, leads the market with a current rental rate of ₹135 per sq ft. Other premium rental projects include Adani Aster Neo at ₹44 per sq ft and Adani Shantigram Aangan at ₹36 per sq ft. These rates reflect the premium value commanded by projects with superior amenities and strategic locations within the Ahmedabad and Gandhinagar corridors.
How should an investor interpret the rental rates by property type in Ahmedabad?
Investors should note that as of June 2026, shops and office spaces in Ahmedabad both command rental rates of ₹50 per sq ft. While office space rentals have appreciated by 3.77%, shop rentals have seen a depreciation of 11.27% compared to previous periods. This divergence suggests that while commercial demand remains steady, specific segments like retail may be undergoing a market correction.
What are some of the top-priced residential projects in Ahmedabad as of June 2026?
As of June 2026, Empire Skypark on SG Highway is among the highest-priced projects at ₹55,000 per sq ft, maintaining stable pricing. Other notable high-value projects include Keshvan Bungalows in Kalol at ₹21,300 per sq ft (up 21.38%) and Sobha Elysia in GIFT City at ₹13,750 per sq ft. These projects represent the premium end of the market, often characterized by high-end infrastructure and desirable locations.
