Ahmedabad
Ghodasar functions as a strategic residential pocket in Ahmedabad, currently balancing its market position with an average asking price of ₹3,550 per sq ft. Price trends over the past year have shown notable volatility, with rates shifting from ₹4,650 in September 2025 to their current levels. The rental market across the wider region remains robust, with several nearby hubs maintaining a consistent rental rate of ₹50 per sq ft. Investors looking at the broader vicinity will find a wide spectrum of entry points, ranging from affordable pockets in Narol to premium segments in Paldi.
As of June 2026, the average asking price in Ghodasar is ₹3,550 per sq ft. This figure reflects a depreciation of 11.11% compared to the previous period, indicating a recent softening in market demand for residential apartments in this locality.
Property prices in Ghodasar have shown a mixed trajectory over the past year. While the location rate was recorded at ₹3,550 per sq ft in March 2026, it had previously stood at ₹4,000 per sq ft in December 2025 and ₹4,650 per sq ft in September 2025. This downward trend in the location-specific rate suggests a period of price correction, though the broader micromarket rate has shown resilience, reaching ₹4,550 per sq ft as of June 2026.
Property prices in Ghodasar vary significantly when compared to surrounding areas. For instance, Paldi commands a much higher average asking price of ₹7,000 per sq ft, which has seen a minor depreciation of 1.54% recently. Conversely, more affordable options are available in areas like Narol at ₹2,400 per sq ft (which experienced a 13.42% depreciation) and Hathijan at ₹2,700 per sq ft, which has appreciated by 4.14%.
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 currently priced at ₹3,550 per sq ft, which represents a depreciation of 11.11% compared to the previous period. This price gap highlights a preference for premium villa segments in the local market compared to the more competitively priced apartment segment.
Rental rates in the vicinity of Ghodasar are currently stable at ₹50 per sq ft in several key neighbourhoods, including Ellisbridge, Vasna, and Ambawadi, where rates have shown no change. However, Jivraj Park has seen a significant rental appreciation of 115.38%, while Paldi has recorded a 25% increase in rental rates, reaching ₹50 per sq ft as of June 2026. These trends suggest that while many established areas maintain steady rental values, specific pockets are experiencing rapid growth in tenant demand.
Investors looking at the Ghodasar region should note that while the locality itself currently lacks specific rental yield data, surrounding areas like Paldi, Ellisbridge, and Jivraj Park consistently command rental rates of ₹50 per sq ft as of June 2026. The significant appreciation seen in Jivraj Park (115.38%) and Paldi (25%) indicates that these neighbouring hubs are becoming increasingly attractive for rental income generation. Investors should balance these rental prospects against the capital appreciation trends observed in the respective sale markets to determine the best entry point.
