Ahmedabad
The real estate market in Chandlodiya currently maintains a stable average price of ₹4,850 per sq ft, reflecting a period of adjustment for both investors and homebuyers. Quarterly trends indicate that the market experienced a peak in price before moderating to its current level, suggesting a balanced phase of activity. Rental markets across the broader region consistently hover at ₹50 per sq ft, providing a reliable benchmark for those looking at income-generating assets. This equilibrium in rental pricing across nearby areas like Jagatpur and Chandkheda highlights the region's overall consistency.
As of June 2026, the average asking price in Chandlodiya stands at ₹4,850 per sq ft. This figure reflects a market depreciation of 4.02% when compared to previous periods, indicating a softening in property values within the locality.
Property prices in Chandlodiya, currently at ₹4,850 per sq ft, are positioned competitively against several neighbouring areas. For instance, Naranpura commands a higher average of ₹6,700 per sq ft, which appreciated by 8.28%, and Sola remains premium at ₹6,950 per sq ft despite a 0.66% depreciation. Conversely, more affordable options exist in New Ranip at ₹4,650 per sq ft, which saw a 1.35% depreciation, and Ranip at ₹4,800 per sq ft, which experienced a 0.42% depreciation, both measured over the period leading up to June 2026.
As of June 2026, villas in Chandlodiya are priced at an average of ₹6,750 per sq ft, having depreciated by 6.23% compared to previous cycles. In contrast, apartments are more accessible with an average asking price of ₹4,850 per sq ft, which has also seen a depreciation of 4.02% over the same period. This price gap highlights that villas remain the premium property segment in the locality.
The rental market across the broader region surrounding Chandlodiya remains consistent, with many key localities such as Gota, Chandkheda, and Memnagar recording an average rental rate of ₹50 per sq ft as of June 2026. While these rates have remained stable in several areas, some localities have seen downward adjustments; for example, Nava Vadaj experienced a depreciation of 8.7% and Thaltej saw a depreciation of 6.9% in rental rates compared to previous periods. This uniformity suggests a standardized rental demand across these specific Ahmedabad micromarkets.
Investors looking at the vicinity of Chandlodiya should note that the average rental rate in major nearby hubs like Jagatpur, Naranpura, and Navrangpura is currently ₹50 per sq ft as of June 2026. While these areas show rental stability in some pockets, others like Navrangpura and Naranpura have seen rental depreciations of 4.76% and 4.17% respectively, compared to previous periods. Prospective landlords should weigh these rental trends against the local capital values to determine the long-term income potential of their investment.
