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Property Rates in Ashram road, Ahmedabad
Comprehensive Market Snapshot
Property rates in Ashram road, Ahmedabad, average ₹7,250 per sq ft, showing a mixed trend across recent quarters. Office spaces are priced at ₹7,250 per sq ft with a slight decrease, while apartments average ₹6,350 per sq ft, experiencing a more notable decline. The rental market offers a strong rental yield of 9.77%, with an average rental rate of ₹59 per sq ft.
- Asking Sale Price₹ 7,250 /sq.ft
- Average Rental₹ 59 /sq.ft
- Rental Yield9.77 %
Insights for Ashram road, Ahmedabad Real Estate Market
Ashram road, Ahmedabad, currently presents an average asking price of ₹7,250 per sq ft, with recent quarterly trends indicating fluctuations. The market saw a dip from ₹7,850 in Sep 2025 to ₹7,450 in Jun 2025, before recovering slightly to ₹7,300 in Dec 2025 and a projected ₹7,250 in Mar 2026. Residential apartments are priced at ₹6,350 per sq ft, down 6.21% YoY, while office spaces stand at ₹7,250 per sq ft, a 0.52% decrease. The rental market is vibrant, boasting an average rental rate of ₹59 per sq ft, an 18% YoY increase, and a healthy rental yield of 9.77%. Office spaces in this segment command an average rent of ₹50 per sq ft, also up 18% YoY. Notable nearby residential areas include Navrangpura at ₹8,350 per sq ft (up 9.58%) and Ambawadi at ₹7,200 per sq ft (down 3.23%).
- The rental market shows a strong upward trend with an 18% YoY increase in average rental rates, reaching ₹59 per sq ft, and a robust rental yield of 9.77%.
- Apartments in Ashram road have seen a significant price correction, averaging ₹6,350 per sq ft and declining by 6.21% YoY.
- Office spaces are priced higher at ₹7,250 per sq ft, experiencing a more modest 0.52% YoY decrease.
- Among neighboring localities, Navrangpura stands out with a substantial 9.58% YoY increase in property rates, averaging ₹8,350 per sq ft for residential apartments.
- The rental market for office spaces specifically shows a strong performance, with an 18% YoY rise to ₹50 per sq ft.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Ashram road, Ahmedabad
The asking price for properties in Ashram road, Ahmedabad, has seen fluctuations over the past few quarters. After reaching ₹7,850 per sq ft in September 2025, prices dipped to ₹7,450 in June 2025, followed by ₹7,300 in December 2025. The projected rate for March 2026 is ₹7,250 per sq ft.
Ashram road's real estate market exhibits distinct pricing for different property types. Office spaces are currently priced at ₹7,250 per sq ft, experiencing a slight 0.52% decrease. Residential apartments, meanwhile, are available at a lower average of ₹6,350 per sq ft, showing a more substantial 6.21% decline.
Neighboring areas show diverse property rate landscapes. Navrangpura commands the highest average rate at ₹8,350 per sq ft for residential apartments, marking a significant 9.58% increase. Ellisbridge, focusing on commercial office spaces, averages ₹8,450 per sq ft. In contrast, Vaishnodevi Circle offers a more affordable option at ₹5,550 per sq ft. Ambawadi's residential apartments are priced at ₹7,200 per sq ft, reflecting a 3.23% decrease.
Property Rental Trends in Ashram road, Ahmedabad
Rental rates across Ahmedabad show variation, with areas like Navrangpura and Ambawadi averaging ₹50 per sq ft for rentals, while Satellite has seen a 14.29% increase. Paldi experienced a 7.69% decrease in rental rates, now averaging ₹50 per sq ft.
In Ashram road, office spaces are commanding an average rental rate of ₹50 per sq ft, reflecting an 18% year-on-year increase. This performance suggests a strong demand for commercial leasing in the area.
FAQs about Property Rates in Ashram road, Ahmedabad
As of March 2026, the average asking price in Ashram road, Ahmedabad is ₹7,250 per sq ft. This represents a depreciation of 0.52% from the previous period, indicating a slight softening in property values. The market overview also notes that the primary building type in this area is Commercial, with a focus on Office Space.
Property rates in Ashram road, Ahmedabad have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate decreased from ₹7,450 per sq ft to ₹7,250 per sq ft, a decline of 2.67%. However, the micromarket rate saw an increase from ₹7,000 per sq ft in June 2025 to ₹7,750 per sq ft in March 2026, appreciating by 10.71%. This suggests varied performance across different segments within the locality.
In Ashram road, Ahmedabad, as of March 2026, office spaces are priced at an average of ₹7,250 per sq ft, showing a slight depreciation of 0.52% from the previous period. Apartments in the same area are priced at ₹6,350 per sq ft, experiencing a more significant depreciation of 6.21% over the same timeframe. This indicates that office spaces are currently commanding a higher price point than apartments in this locality.
As of March 2026, the average rental rate in Ashram road, Ahmedabad is ₹59 per sq ft, which has appreciated by 18% over the recent period. The rental yield for properties in this area is approximately 9.77%. This suggests a healthy return on investment for rental properties, with both rental income and capital appreciation potential.
Rental rates vary across micromarkets near Ashram road, Ahmedabad as of March 2026. While Satellite shows a strong appreciation of 14.29% to an average of ₹50 per sq ft, Navrangpura has seen a depreciation of 4.76% to ₹50 per sq ft. Other areas like Vaishnodevi Circle, Ambawadi, Naranpura, Paldi, Nava Vadaj, Memnagar, Vastrapur, and Jivraj Park are all reporting an average rental rate of ₹50 per sq ft, with some experiencing depreciation and others stability.
The average rental rate for office spaces in Ashram road, Ahmedabad, as of March 2026, is ₹50 per sq ft. This rate has seen an appreciation of 18% over the recent period, indicating increased demand or value for commercial rental properties in the locality. This figure is a key indicator for businesses looking to lease office space in the area.
Property rates in Ashram road, Ahmedabad are currently averaging ₹7,250 per sq ft as of March 2026. Nearby micromarkets show different price points and trends: Navrangpura has an average rate of ₹8,350 per sq ft, appreciating by 9.58%, while Ellisbridge, a commercial micromarket, averages ₹8,450 per sq ft but has depreciated by 1.64%. This suggests that while Ashram road is a significant commercial hub, Navrangpura and Ellisbridge represent different investment or living propositions with distinct price dynamics.
The negative change percentage of -0.52% for Ashram road, Ahmedabad as of March 2026 indicates a slight decrease in the average asking price compared to the previous period. This could suggest a minor market correction, increased inventory, or softening buyer sentiment. For potential buyers, this slight dip might present a more favorable negotiation window, while sellers may need to adjust their expectations.
As of March 2026, the average price for apartments in Ashram road, Ahmedabad is ₹6,350 per sq ft. This segment has experienced a depreciation of 6.21% from the previous period. This downward trend in apartment prices might be influenced by factors such as increased supply or a shift in demand towards other property types within the locality.
