Ahmedabad
Ghodasar presents a evolving real estate environment where property values have recalibrated to an average of ₹3,550 per sq ft. The market displays a distinct preference for residential apartments, though villa options also maintain a presence at higher price brackets. Recent quarterly trends indicate a transition phase for local rates as the area aligns with the wider micromarket dynamics of Ahmedabad. Prospective buyers are currently evaluating these rates against the competitive landscape of neighboring zones to identify the best value propositions available.
As of June 2026, the average asking price in Ghodasar is ₹3,550 per sq ft. This figure represents a depreciation of 11.11% compared to the previous period, reflecting a recent adjustment in the local residential market.
Property prices in Ghodasar have shown a downward trajectory in the most recent periods. While the average asking price was ₹4,650 per sq ft in September 2025, it adjusted to ₹4,000 per sq ft by December 2025 and further to ₹3,550 per sq ft by March 2026, indicating a period of market correction for buyers.
Property prices in Ghodasar, currently at ₹3,550 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, Paldi commands a significantly higher average rate of ₹7,000 per sq ft (which depreciated by 1.54% from the prior period), while more affordable options can be found in Narol at ₹2,400 per sq ft, which saw a depreciation of 13.42%.
As of June 2026, villas in Ghodasar are priced at an average of ₹5,150 per sq ft, having appreciated by 4% over the observed period. In contrast, apartments are available at an average of ₹3,550 per sq ft, which has experienced a depreciation of 11.11% compared to the prior period, highlighting a clear premium for villa-style living in this locality.
Rental rates in the broader vicinity of Ghodasar remain relatively stable across several key neighbourhoods. As of June 2026, areas such as Vaishnodevi Circle, Vasna, Ambawadi, and Jivraj Park all maintain an average rental rate of ₹50 per sq ft with 0% change, indicating a consistent rental market. Meanwhile, Paldi also averages ₹50 per sq ft, though this reflects a depreciation of 7.69% compared to the previous period.
Investors should view the current average asking price of ₹3,550 per sq ft in Ghodasar as a reflection of a market currently undergoing a correction, as evidenced by the 11.11% depreciation. By comparing this to neighbouring localities like Isanpur, where rates have appreciated by 34.77% to reach ₹5,150 per sq ft, investors can better assess the relative value and growth potential of Ghodasar against its immediate competition.
