Ahmedabad
The Ghodasar real estate market is currently navigating a period of price correction, with residential apartment rates settling at an average of ₹3,550 per sq ft. Investors are observing these trends closely as they compare the locality against more expensive hubs like Paldi and Vaishnodevi Circle. Rental demand in the surrounding region remains consistent, supported by steady interest in residential properties across key Ahmedabad neighborhoods. Market activity is heavily influenced by the relative affordability of Ghodasar compared to its more premium neighboring districts.
As of Jun 2026, the average asking price in Ghodasar stands at ₹3,550 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency for residential apartments in the area.
The property rates in Ghodasar have shown a dynamic trajectory over the past few quarters. While the average asking price was ₹3,550 per sq ft in Mar 2026, it reached ₹4,000 per sq ft in Dec 2025 and ₹4,650 per sq ft in Sep 2025, reflecting a shift in market valuation over the last year.
As of Jun 2026, villas in Ghodasar command a premium with an average price of ₹5,150 per sq ft, which has appreciated by 4% compared to previous periods. In contrast, apartments are priced at an average of ₹3,550 per sq ft, which has seen a depreciation of 11.11% over the same timeframe, suggesting a divergence in demand between these two property types.
Property rates vary significantly across the neighbourhoods surrounding Ghodasar. For instance, Paldi is a premium micro-market with an average asking price of ₹6,700 per sq ft, though it has seen a depreciation of 3.72%. More affordable options are available in areas like Vatva and Narolgam, both of which currently average ₹2,850 per sq ft, with appreciation rates of 2.91% and 3.43% respectively, reflecting steady growth in these more accessible segments.
Rental rates in the vicinity of Ghodasar are currently consistent across several key neighbourhoods. Areas such as Paldi, Ellisbridge, Vasna, and Ambawadi all command an average rental rate of ₹50 per sq ft. Notably, Paldi has seen a significant rental appreciation of 25%, while Ambawadi has experienced a more modest growth of 4.35%, and rates in Ellisbridge and Vasna have remained stable with 0% change.
Investors looking at the broader Ghodasar region should note that while specific rental data for Ghodasar itself is limited, surrounding established markets like Paldi and Ambawadi show strong rental activity at ₹50 per sq ft. The 25% appreciation in rental rates observed in Paldi indicates a high demand for rental properties in well-connected hubs, which can serve as a benchmark for investors evaluating the income potential of residential assets in the wider area.
The price trend for Ghodasar shows a mixed movement when looking at the micromarket rates. As of Jun 2026, the micromarket rate is ₹4,550 per sq ft, which has increased from ₹4,250 per sq ft in Mar 2026 and ₹4,100 per sq ft in Dec 2025. This upward trajectory in the micromarket rate suggests growing interest and potential value appreciation in the broader area, despite the specific apartment segment seeing a recent price adjustment.
