Ahmedabad
The CTM real estate market presents a stable environment for residential buyers, with current asking prices at ₹3,600 per sq ft. Recent price trends show a balanced valuation, while surrounding areas like Isanpur and Nikol continue to influence regional dynamics. Rental markets in broader Ahmedabad, including areas like Paldi and Ellisbridge, reflect steady demand with rental rates reaching ₹50 per sq ft. The market maintains a diverse supply of residential apartments, providing options for both end-users and long-term investors.
As of June 2026, the average asking price in CTM stands at ₹3,600 per sq ft. This rate has remained stable with a change percentage of 0% compared to previous periods, indicating a steady price environment for residential apartments in this locality.
Property prices in CTM have shown a consistent upward trajectory throughout the recent quarters. According to the data, the micromarket rate rose from ₹3,900 per sq ft in September 2025 to ₹4,100 per sq ft in December 2025, further increasing to ₹4,250 per sq ft in March 2026, and reaching ₹4,550 per sq ft as of June 2026. This steady growth suggests sustained demand and positive market sentiment in the area.
Property prices in CTM vary significantly compared to its surrounding areas. As of June 2026, nearby localities like Isanpur command an average asking price of ₹5,150 per sq ft, which has appreciated by 34.77% compared to the prior period, while areas like Narolgam offer more affordable entry points at ₹2,750 per sq ft, reflecting an appreciation of 8.83% over the same timeframe. Other nearby options include Vastral at ₹3,800 per sq ft (up 1.17%) and Nikol at ₹4,050 per sq ft (up 0.45%), providing a range of price points for different buyer budgets.
As of June 2026, villas in CTM are priced at an average of ₹5,550 per sq ft, which has depreciated by 0.66% compared to the previous period. In contrast, apartments in CTM are available at an average asking price of ₹3,600 per sq ft, experiencing a depreciation of 9.07% over the same period. This price gap highlights the premium associated with villa living compared to the more accessible apartment segment in the locality.
Rental rates in the vicinity of CTM show varying levels of growth depending on the specific neighbourhood. For instance, Paldi has seen a significant increase in rental rates, reaching ₹50 per sq ft as of June 2026, which represents a 25% appreciation compared to the previous period. Meanwhile, Ellisbridge also maintains an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change over the same timeframe.
