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Property Rates in GIDC Naroda, Ahmedabad
Comprehensive Market Snapshot
Property rates in GIDC Naroda, Ahmedabad average ₹2,600 per sq ft. Apartments, a key segment, saw a notable decline of -10.49% in the last year, indicating a shift in buyer sentiment. Meanwhile, nearby localities like Nana Chiloda show strong growth, with residential apartments commanding ₹3,950 per sq ft.
- Asking Sale Price₹ 2,600 /sq.ft
Property Price Trends in GIDC Naroda, Ahmedabad
The GIDC Naroda property market is anticipating a price adjustment in the coming quarters. The location's average rate is expected to decrease from ₹2,950 per sq ft in June 2025 to ₹2,600 per sq ft by September 2025. Meanwhile, the broader micromarket rate is also projected to soften slightly from ₹3,600 to ₹3,550 during the same period.
In GIDC Naroda, the primary property type analyzed is apartments, which currently average ₹2,600 per sq ft. This segment has experienced a significant downward trend, with prices falling by -10.49% over the past year, indicating a buyer's market for apartments.
GIDC Naroda's surrounding areas exhibit varied price points. Nana Chiloda stands out with residential apartments averaging ₹3,950 per sq ft, marking a substantial 15.76% increase. Nava Naroda follows with apartments at ₹3,750 per sq ft, up 9.65%. The core Naroda locality offers apartments at ₹3,850 per sq ft, reflecting a 5.14% rise. In contrast, SP Ring Road properties average ₹5,200 per sq ft, showing a slight dip of -0.82%.
FAQs about Property Rates in GIDC Naroda, Ahmedabad
Property prices in GIDC Naroda, Ahmedabad have experienced fluctuations over the past year. The micromarket rate was ₹3,900 per sq ft in March 2026, up from ₹3,750 per sq ft in December 2025. This follows a dip from ₹3,600 per sq ft in June 2025 to ₹3,550 per sq ft in September 2025. The overall trend suggests a recent upward movement after a period of decline.
Property rates vary significantly across neighborhoods near GIDC Naroda, Ahmedabad. Nana Chiloda shows the highest average rate at ₹3,950 per sq ft, appreciating by 15.76% as of March 2026. Nava Naroda is at ₹3,750 per sq ft with a 9.65% appreciation, while Naroda itself is at ₹3,850 per sq ft with a 5.14% appreciation. In contrast, Sp Ring Road has seen a slight depreciation of -0.82%, with an average rate of ₹5,200 per sq ft, and Koteshwar stands at ₹5,700 per sq ft with a 1.15% appreciation.
As of March 2026, the average price for apartments in GIDC Naroda, Ahmedabad is ₹2,600 per sq ft. This segment has experienced a notable depreciation of -10.49% over the past year, indicating a softening in demand or an increase in supply for apartments in this locality.
Rental rates in areas surrounding GIDC Naroda, Ahmedabad show some variation. Chandkheda and Zundal both have an average rental rate of ₹50 per sq ft with no change percentage, indicating stability. However, Nava Vadaj has seen a depreciation of -8.7% in its average rental rate, also standing at ₹50 per sq ft as of March 2026.
Rental rates vary across micromarkets near GIDC Naroda, Ahmedabad. Chandkheda and Zundal both offer an average rental rate of ₹50 per sq ft, showing stability with a 0% change. Nava Vadaj, however, has experienced a depreciation of -8.7% in its average rental rate, also standing at ₹50 per sq ft as of March 2026, suggesting a potential shift in rental demand or supply dynamics in this area.
The price trend for GIDC Naroda, Ahmedabad indicates a recent recovery in micromarket rates after a dip. From a low of ₹3,550 per sq ft in September 2025, micromarket rates rose to ₹3,750 per sq ft by December 2025 and further to ₹3,900 per sq ft in March 2026. While the overall location rate is stable at ₹2,600 per sq ft as of March 2026, the upward trend in micromarket rates could signal increasing demand or development in surrounding areas, potentially benefiting investors looking for capital appreciation.
Among the neighborhoods near GIDC Naroda, Nana Chiloda has seen the most substantial property price appreciation, with its average rate increasing by 15.76% to ₹3,950 per sq ft as of March 2026. Kathwada also shows strong growth, appreciating by 10.35% to ₹3,850 per sq ft. Nava Naroda follows with a 9.65% appreciation to ₹3,750 per sq ft, indicating a positive market sentiment and growing demand in these specific localities.
Yes, some areas around GIDC Naroda have experienced property price depreciation. Sp Ring Road has seen a slight decrease of -0.82%, with its average rate at ₹5,200 per sq ft as of March 2026. Koba has also depreciated by -2.45% to ₹4,500 per sq ft. Additionally, Motera has experienced a more significant drop of -2.02%, with its average rate at ₹5,600 per sq ft.