Rajkot
Ghanteshwer serves as a notable residential hub in Rajkot, characterized by a mix of established ready-to-move housing and active under-construction projects. While price fluctuations have been observed across various segments, the market maintains a steady baseline for both villa and apartment buyers. The current pricing landscape indicates a clear differentiation between ready inventory and ongoing developments, allowing investors to choose based on their desired possession timelines and budget constraints.
The average asking price in Ghanteshwer is ₹3,800 per sq ft as of Sep 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
Property rates in Ghanteshwer have shown a downward trajectory, moving from ₹4,300 per sq ft in Dec 2025 to ₹3,700 per sq ft as of Sep 2026. This shift reflects a market correction over the past three quarters, providing potential entry points for buyers who were previously priced out of the area.
As of Sep 2026, villas in Ghanteshwer are priced at an average of ₹3,800 per sq ft, which has depreciated by 17.84% compared to previous periods. Meanwhile, apartments are currently priced at ₹3,700 per sq ft, having depreciated by 2.3% over the same timeframe, suggesting that the villa segment has experienced a more significant price adjustment.
Ready-to-move properties in Ghanteshwer are currently priced at ₹3,650 per sq ft as of Sep 2026, reflecting a depreciation of 21.21% compared to earlier periods. In contrast, under-construction projects are commanding a premium at ₹4,000 per sq ft, with prices remaining stable at 0% change, highlighting a preference for new developments or a supply-side premium for ongoing projects.
While Ghanteshwer maintains an average asking price of ₹3,800 per sq ft as of Sep 2026, the nearby locality of Madhapar currently sees an average rate of ₹4,350 per sq ft. Prices in Madhapar have depreciated by 1.74% compared to previous periods, indicating that while Madhapar remains a higher-priced micromarket, both areas are currently navigating a period of price adjustment.
Prominent projects in Ghanteshwer include Prabhu Palace and Gopi Fortune Serinity. Prabhu Palace is currently listed at ₹4,000 per sq ft with stable pricing (0% change), while Gopi Fortune Serinity is listed at ₹3,650 per sq ft, which represents a depreciation of 21.21% compared to previous periods.
A potential buyer should view the current price trends in Ghanteshwer, which show a decrease from ₹4,300 per sq ft in Dec 2025 to ₹3,700 per sq ft in Sep 2026, as a signal of a cooling market. This environment may offer better negotiation leverage for end-users looking to acquire residential assets in a more affordable price band compared to the previous year.
