Property rates in Ahmedabad average ₹5,900 per sq ft. Market activity has shown a notable shift over the past year, moving from ₹5,500 in mid-2025 to its current level. The city features a wide spectrum of investment options, with premium residential projects like Keshvan Bungalows hitting ₹17,550 per sq ft. Meanwhile, the rental market remains active, anchored by a strong 4.47% rental yield that continues to attract interest from long-term investors.
Insights for Ahmedabad Real Estate Market Overview
Ahmedabad's real estate market maintains a steady growth trajectory, with average property rates currently at ₹5,900 per sq ft. The market has recovered well from mid-2025 lows, reflecting sustained buyer confidence across both residential and commercial segments. Rental demand is particularly robust, with a city-wide average of ₹22 per sq ft and a healthy rental yield of 4.47%. Developers are actively launching new projects to meet this demand, while established residential hubs continue to command premium pricing.
Residential apartment rates have seen a positive growth of 0.56% over the last year.
The SG Highway micromarket remains a key focal point, with properties averaging ₹6,600 per sq ft.
Ready to move projects are highly sought after, with 399 units available at an average of ₹5,750 per sq ft.
Office spaces and shops represent high-value segments, priced at ₹8,450 per sq ft and ₹14,200 per sq ft respectively.
Rental rates for 3 BHK apartments average ₹36,750 per month, highlighting the premium segment's potential.
Market Strengths
A strong rental yield of 4.47% underscores the city's attractiveness for income-focused investors.
The commercial sector remains robust, with shop rates reaching ₹14,200 per sq ft.
Positive price trends in both office spaces (3.33%) and residential apartments (0.56%) demonstrate broad market stability.
Diverse supply options are available, with over 399 ready-to-move units currently on the market.
High growth rates in under-construction projects (9.04%) suggest confidence in the development pipeline.
Market Challenges
Villa prices have seen a slight decline of -0.05%, suggesting a cooling trend in the luxury standalone segment.
Advanced stage projects have faced a price correction of -14.36%, reflecting a shift in buyer sentiment for near-completion inventory.
Rental rates for villas have decreased by -4.55%, indicating a softer demand for large-format rental properties.
Investment Opportunities
New launch projects offer entry-level pricing at ₹5,450 per sq ft with a 7.91% growth trend.
Rental yields of 4.47% provide a consistent return on investment for residential property owners.
The 5.44% price growth in Sanand1 highlights potential for capital appreciation in emerging micromarkets.
Mid-stage projects at ₹5,750 per sq ft have seen significant appreciation of 11.9%, indicating strong project momentum.
Top Micromarkets in Ahmedabad
SG Highway
Avg Price₹ 6,600 /sqft
YOY
+ 0.05 %
Avg Rent₹ 23 /sq
ft
YIELD
+ 4.18
LISTINGS
696
Ahmedabad North
Avg Price₹ 5,250 /sqft
YOY
+ 1.99 %
Avg Rent₹ 19 /sq
ft
YIELD
+ 4.34
LISTINGS
260
Ahmedabad East
Avg Price₹ 3,900 /sqft
YOY
+ 3.91 %
LISTINGS
39
Ahmedabad South
Avg Price₹ 4,250 /sqft
YOY
+ 2.79 %
Avg Rent₹ 32 /sq
ft
YIELD
+ 9.04
LISTINGS
266
Ahmedabad Central
Avg Price₹ 7,750 /sqft
YOY
+ 9.08 %
Avg Rent₹ 24 /sq
ft
YIELD
+ 3.72
LISTINGS
134
Sanand1
Avg Price₹ 5,350 /sqft
YOY
+ 5.44 %
LISTINGS
91
Gandhinagar
Avg Price₹ 5,953 /sqft
YOY
+ 0.92 %
Avg Rent₹ 20 /sq
ft
YIELD
+ 4.03
LISTINGS
112
Price Trend
Ahmedabad Property Price Trends and Appreciation
Ahmedabad has experienced a clear upward trend in property valuations over the last three quarters. After reaching a low of ₹5,500 per sq ft in June 2025, prices climbed to ₹6,000 per sq ft by September 2025. Despite a slight adjustment to ₹5,850 per sq ft in December, the market stabilized at ₹5,900 per sq ft by March 2026.
The Ahmedabad micromarket landscape offers distinct pricing tiers based on location. The SG Highway area commands a premium at ₹6,600 per sq ft, reflecting its status as a high-demand corridor. In contrast, Sanand1 offers a more accessible entry point at ₹5,350 per sq ft, which has seen a notable growth of 5.44% recently. These variations allow buyers to choose between established high-value hubs and emerging growth zones.
Ahmedabad provides a broad range of real estate assets to suit different investment strategies. Commercial shops lead the market at ₹14,200 per sq ft, while office spaces are priced at ₹8,450 per sq ft with a 3.33% growth rate. Residential apartments, the most common property type, average ₹5,900 per sq ft, maintaining steady demand.
The market supply caters to varied possession timelines, from new launches to fully completed homes. Ready to move projects, totaling 399 units, average ₹5,750 per sq ft and have appreciated by 4.81%. Meanwhile, 153 under construction projects are priced at ₹5,700 per sq ft, showing a 9.04% increase, while 283 new launches are available at ₹5,450 per sq ft.
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 developments in Ahmedabad set high benchmarks for luxury living. Keshvan Bungalows in Kalol leads the market with an asking price of ₹17,550 per sq ft. Sobha Elysia in GIFT City follows at ₹13,750 per sq ft, while Deep Indraprasth Gulmohar in Vastrapur is priced at ₹12,500 per sq ft, reflecting a 12.83% increase.
Top projects across Ahmedabad demonstrate varied rental performance. Radhe Residency in Chiloda leads with a rental rate of ₹135 per sq ft. Other notable projects like Adani Aster Neo and Adani Shantigram Aangan offer rentals around ₹44 and ₹36 per sq ft, while Infinity Copper Stone has seen a -5.88% adjustment in its rental rates.
Rental Trends
Rental Trends and Average Rent in Ahmedabad
Rental rates in Ahmedabad vary significantly by unit size, with studios averaging ₹14,550 per month. Rent for 1 BHK units stands at ₹19,900 per month, while 2 BHK apartments command ₹27,150 per month. Larger 3 BHK and 4 BHK units are priced at ₹36,750 and ₹88,700 per month respectively, reflecting the premium for space. The SG Highway micromarket is a primary rental hub in Ahmedabad, with rates averaging ₹50 per sq ft. This location remains a stable choice for both residential and commercial tenants looking for connectivity and modern infrastructure. Rental rates across property types are competitive, with apartments, plots, and office spaces all averaging ₹50 per sq ft. While most categories remain stable, office space rents have seen a positive change of 3.92%, whereas villas have experienced a rental decline of -4.55%. Top projects across Ahmedabad demonstrate varied rental performance. Radhe Residency in Chiloda leads with a rental rate of ₹135 per sq ft. Other notable projects like Adani Aster Neo and Adani Shantigram Aangan offer rentals around ₹44 and ₹36 per sq ft, while Infinity Copper Stone has seen a -5.88% adjustment in its rental rates.
Rental rates in Ahmedabad vary significantly by unit size, with studios averaging ₹14,550 per month. Rent for 1 BHK units stands at ₹19,900 per month, while 2 BHK apartments command ₹27,150 per month. Larger 3 BHK and 4 BHK units are priced at ₹36,750 and ₹88,700 per month respectively, reflecting the premium for space.
The SG Highway micromarket is a primary rental hub in Ahmedabad, with rates averaging ₹50 per sq ft. This location remains a stable choice for both residential and commercial tenants looking for connectivity and modern infrastructure.
Rental rates across property types are competitive, with apartments, plots, and office spaces all averaging ₹50 per sq ft. While most categories remain stable, office space rents have seen a positive change of 3.92%, whereas villas have experienced a rental decline of -4.55%.
Frequently Asked Questions About Property Rates in Ahmedabad
What is the current average asking price in Ahmedabad?
As of March 2026, the average asking price in Ahmedabad is ₹5,900 per sq ft. This figure reflects an appreciation of 0.56% from December 2025 to March 2026, indicating a period of steady price growth in the city's residential market.
How have property prices in Ahmedabad trended over the last few quarters?
Property prices in Ahmedabad have shown a fluctuating but generally resilient trajectory. As of March 2026, the average asking price stands at ₹5,900 per sq ft, up from ₹5,850 per sq ft in December 2025. Prior to this, the market saw a rate of ₹6,000 per sq ft in September 2025 and ₹5,500 per sq ft in June 2025, suggesting that despite quarterly variations, the market has maintained a positive growth trend over the past year.
How do property rates compare between Sanand1 and SG Highway in Ahmedabad?
Property rates vary significantly between these two key areas in Ahmedabad. As of March 2026, the average asking price in Sanand1 is ₹5,350 per sq ft, which has appreciated by 5.44% compared to the previous period. Meanwhile, SG Highway commands a higher average asking price of ₹6,600 per sq ft, which has remained relatively stable with a marginal appreciation of 0.05% over the same timeframe.
What is the price difference between ready-to-move and under-construction properties in Ahmedabad?
As of March 2026, ready-to-move properties in Ahmedabad are priced at an average of ₹5,750 per sq ft, having appreciated by 4.81% compared to the previous period. In contrast, under-construction projects are currently priced at an average of ₹5,700 per sq ft, which reflects a significant appreciation of 9.04% over the same period, signaling strong demand for new developments.
How do rental rates vary by property type in Ahmedabad?
Rental rates for various property types in Ahmedabad are currently uniform at ₹50 per sq ft for apartments, villas, plots, and office spaces as of March 2026. While the rental rate for apartments and plots has remained stable, office spaces have seen an appreciation of 3.92%, whereas villas have experienced a depreciation of 4.55% compared to the previous period.
What does the BHK-wise rental pattern look like in Ahmedabad?
Rental rates in Ahmedabad scale significantly based on the unit size as of March 2026. Monthly rents currently average ₹14,550 for a Studio, ₹19,900 for a 1 BHK, ₹27,150 for a 2 BHK, ₹36,750 for a 3 BHK, and reach up to ₹88,700 for a 4 BHK. This progression allows tenants to choose units based on their space requirements, while investors can use these figures to estimate potential monthly rental income across different segments.
Which projects in Ahmedabad currently command the highest rental rates?
As of March 2026, Radhe Residency in Chiloda leads the market with a current rental rate of ₹135 per sq ft, showing no change in its rate. Other premium projects include Adani Aster Neo in Shantigram at ₹44 per sq ft, and Adani Shantigram Aangan at ₹36 per sq ft. Projects like Infinity Copper Stone in Thaltej are also notable, though they have seen a depreciation of 5.88% in their rental rates, bringing them to ₹32 per sq ft.
What is the rental yield in Ahmedabad and why is it important for investors?
The rental yield in Ahmedabad is currently 4.47% as of March 2026. This metric is a vital indicator for investors, representing the annual rental income generated relative to the property's purchase price, helping them assess the income potential of their investment alongside potential capital appreciation.
How do property prices differ by category in Ahmedabad?
Property prices in Ahmedabad vary by asset class as of March 2026. Shops are the most expensive at ₹14,200 per sq ft (up 1.43%), followed by villas at ₹12,150 per sq ft (which saw a slight depreciation of 0.05%). Office spaces are priced at ₹8,450 per sq ft (up 3.33%), and apartments, the most common residential choice, are priced at ₹5,900 per sq ft (up 0.56%).
What are some of the top-priced residential projects in the Ahmedabad region?
As of March 2026, Keshvan Bungalows in Kalol, Gandhinagar, holds the highest listing rate at ₹17,550 per sq ft, with rates remaining stable. Other high-value projects include Sobha Elysia in GIFT City at ₹13,750 per sq ft (up 0.54%) and Devam Bilipatra Homes in Nikol at ₹12,750 per sq ft (up 2.23%). These projects represent premium segments within the broader Ahmedabad and Gandhinagar real estate markets.
