Property Rates in Ellisbridge, Ahmedabad

The Ellisbridge real estate market in Ahmedabad is currently positioned at an average asking price of ₹7,720 per sq ft, reflecting a vibrant and evolving property landscape. Quarterly price trends reveal an interesting trajectory; after peaking at ₹8,023 per sq ft in March 2025, rates saw a dip in June to ₹7,087, followed by a steady recovery to ₹7,209 in September and further to ₹7,720 by December 2025. This indicates a resilient market demonstrating consistent growth in recent quarters. Comparing Ellisbridge with its neighbors, the locality holds a strong position. While areas like Panjrapole command a higher average of ₹9,090 per sq ft with significant growth, Ellisbridge's rates are competitive with Gulbai Tekra (₹7,706 per sq ft) and higher than Mithakhali (₹7,368 per sq ft) and Paldi (₹7,252 per sq ft), the latter experiencing an impressive 11.28% increase. Notably, Vasna recorded the highest growth at 23.13%, though its average rate remains lower at ₹6,260 per sq ft. In terms of property types, office spaces in Ellisbridge lead the market with an average price of ₹8,444 per sq ft, despite a slight decline of 1.64%. Apartments, however, are experiencing robust growth, with an average of ₹7,720 per sq ft and a healthy 7.09% increase, making them an attractive investment. The property status analysis shows that Ready To Move units, though limited in number (4 units), are highly sought after, appreciating by 10.13% to ₹7,245 per sq ft. Under Construction projects are priced lower at ₹5,730 per sq ft, experiencing a minor dip. Top projects like Advance Le Jardin (₹8,984 per sq ft) and Takshashila Air (₹8,452 per sq ft) exemplify the premium offerings within Ellisbridge, with Takshashila Air showing an impressive 26.64% increase in listing rates. This highlights the potential for capital appreciation in well-located and quality developments. The absence of government registration data prevents a deeper analysis of transaction volumes and values, but the listing rates and property type performance suggest a market with strong underlying demand and investor interest, particularly in developed and ready-to-occupy segments.