Ahmedabad
The CTM real estate market presents a dynamic landscape for both investors and end-users, characterized by a current average price of ₹3,600 per sq ft. Recent quarterly data indicates a softening in prices from ₹3,950 per sq ft in June 2025 to ₹3,600 by September 2025, offering a strategic window for entry. The rental market remains stable across the wider Ahmedabad region, with key localities consistently commanding rental rates of ₹50 per sq ft. This stability in rental yields provides a reliable foundation for those looking at long-term asset appreciation. Developers continue to align their portfolios with buyer preferences, focusing on value-driven residential projects that cater to the growing demand for connectivity and infrastructure in this part of the city.
As of March 2026, the average asking price in CTM is ₹3,600 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for residential apartments in this locality.
Property rates in the CTM micromarket have shown a positive trajectory, rising from ₹4,100 per sq ft in December 2025 to ₹4,250 per sq ft as of March 2026. This upward trend suggests growing demand and increased buyer interest in the area over the recent quarter.
Property prices across neighbourhoods near CTM vary significantly, reflecting diverse market demand. As of March 2026, Vaishnodevi Circle commands a higher average asking price of ₹5,550 per sq ft, which appreciated by 0.32% since the previous period. In contrast, more affordable options are available in areas like Narolgam at ₹2,750 per sq ft (which appreciated by 8.83%) and Vatva at ₹2,800 per sq ft (which appreciated by 6.54%).
As of March 2026, villas in the region are priced at an average of ₹5,550 per sq ft, which reflects a depreciation of 0.66% compared to the previous period. Meanwhile, apartments are currently available at an average of ₹3,600 per sq ft, having experienced a depreciation of 9.07% over the same timeframe.
Isanpur has emerged as a high-growth area, with average asking prices reaching ₹5,150 per sq ft as of March 2026, marking a substantial appreciation of 34.77% compared to the previous period. Other areas like Odhav have also shown strong performance, with rates reaching ₹3,500 per sq ft, representing an appreciation of 11.34% over the same timeframe.
Rental rates in the vicinity of CTM are currently consistent across several key localities. As of March 2026, Vaishnodevi Circle and Ambawadi both report an average rental rate of ₹50 per sq ft, with rates in Vaishnodevi Circle remaining stable at 0% change. Meanwhile, areas like Paldi and Navrangpura also average ₹50 per sq ft, though these have seen a depreciation of 7.69% and 4.76% respectively compared to the previous period.
