Gandhinagar
The Gandhinagar City real estate sector displays consistent growth, with average residential prices reaching ₹5,100 per sq ft. Market dynamics are currently driven by a mix of high-value residential developments and a thriving rental market that offers competitive yields. Investors are finding value in both emerging locations and established residential hubs, while apartment-based living remains the primary choice for occupants. The rental market is particularly active, providing steady returns across various unit configurations.
As of June 2026, the average asking price in Gandhinagar is ₹5,100 per sq ft. This reflects an appreciation of 1.85% compared to the previous quarter, indicating a steady demand for residential apartments in the city.
Property prices in Gandhinagar have shown a consistent upward trajectory over the last two quarters. The average rate moved from ₹5,000 per sq ft in March 2026 to ₹5,100 per sq ft in June 2026, signaling sustained buyer interest and market confidence in the region.
Property prices in Gandhinagar vary significantly by location, with Gift City commanding a premium average asking price of ₹12,700 per sq ft as of June 2026, marking a notable appreciation of 24.45% from the previous period. Other key areas include Randesan at ₹4,800 per sq ft (up 10.97%), Kudasan at ₹4,750 per sq ft (up 1.77%), and Sargasan at ₹4,650 per sq ft (up 1.02%). Conversely, Raysan has seen a depreciation of 2.26% to reach ₹4,550 per sq ft, while Randheja remains stable at ₹4,150 per sq ft.
As of June 2026, villas are the most premium property type in Gandhinagar, averaging ₹14,600 per sq ft, which represents a significant appreciation of 40% compared to the previous period. Office spaces are currently priced at an average of ₹8,750 per sq ft, reflecting a depreciation of 10.96%, while apartments remain the most accessible segment at ₹5,100 per sq ft, having appreciated by 1.85%.
The average rental rate in Gandhinagar stands at ₹22 per sq ft as of June 2026, with the rate remaining stable compared to the previous period. Investors can currently expect a rental yield of 5.18%, which provides a useful benchmark for evaluating the income-generating potential of residential assets relative to their capital purchase price.
Rental rates in Gandhinagar vary by unit size, with 1 BHK apartments averaging ₹16,350 per month, 2 BHK units averaging ₹27,550 per month, and 3 BHK units averaging ₹28,650 per month as of June 2026. These figures help tenants and landlords understand the market positioning of different apartment sizes, with 2 and 3 BHK units commanding similar rental premiums.
Rental rates for apartments in key areas like Sargasan and Kudasan are currently at ₹50 per sq ft as of June 2026. While Kudasan has maintained price stability, Sargasan has experienced a rental depreciation of 8.33% compared to the previous period, suggesting a shift in the local rental supply-demand balance.
