Property Rates in Gift City, Ahmedabad 2026

Property prices in Gift City have shown a dynamic trajectory, with the average location rate reaching ₹11,300 per sq ft in June 2026, up from ₹10,950 per sq ft in March 2026. Prior to this, the market experienced a fluctuation, moving from ₹9,550 per sq ft in December 2025 to ₹10,650 per sq ft in September 2025. This upward movement in the most recent quarter suggests a tightening of supply or increased interest from buyers looking to enter this premium micromarket.

Gift City commands a premium average asking price of ₹10,950 per sq ft compared to surrounding localities in the Ahmedabad region. For instance, Motera currently averages ₹5,600 per sq ft (a depreciation of 2.02%), Koteshwar averages ₹5,700 per sq ft (an appreciation of 1.15%), and Zundal averages ₹4,350 per sq ft (an appreciation of 0.83%). These variations highlight Gift City's unique position as a high-value, planned urban development compared to the more traditional residential neighbourhoods nearby.

As of June 2026, apartments in Gift City are priced at an average of ₹11,300 per sq ft, which has appreciated by 3.24% over the recent period. In contrast, office spaces are currently valued at ₹8,650 per sq ft, with prices remaining stable at 0% change, reflecting a steady demand for commercial assets in the area.

Property status plays a key role in pricing within Gift City, with Ready To Move projects commanding the highest average at ₹11,850 per sq ft as of June 2026, having appreciated by 1.67%. Under Construction projects are priced at ₹10,950 per sq ft, which has seen a depreciation of 8.9% from the previous period, while New Launch projects are at ₹10,100 per sq ft, showing a depreciation of 8.81%. These trends indicate that buyers are currently placing a higher premium on immediate occupancy compared to future-dated inventory.

As of June 2026, Sobha Elysia leads the market with a listing rate of ₹13,750 per sq ft, reflecting an appreciation of 0.54%. It is followed by Sobha Dream Heights at ₹11,850 per sq ft (an appreciation of 1.67%) and Sobha Avalon at ₹10,950 per sq ft, which has experienced a depreciation of 8.9% during the same period. Other notable projects include Shivalik Skyview at ₹10,100 per sq ft, which has seen a significant appreciation of 19.07%, and Bakeri Stella at ₹10,000 per sq ft, which has appreciated by 2.56%.

Rental rates in the vicinity of Gift City are currently uniform across several key localities, with areas like Zundal, Chandkheda, Gota, and Near Vaishno Devi Circle on SG Highway all averaging ₹50 per sq ft. While Gota and Near Vaishno Devi Circle have seen stable rental rates with 0% change, Zundal has experienced a depreciation of 10.53%, and Chandkheda has seen an appreciation of 6.25% as of June 2026. These rental figures provide a baseline for tenants and investors evaluating the income potential of residential properties in the broader Ahmedabad-Gandhinagar corridor.

Investors should note that while Gift City itself is a primary focus for capital appreciation, the surrounding rental market—averaging ₹50 per sq ft in locations like Jagatpur and Near Nirma University—offers a consistent rental baseline. The rental rate in Near Nirma University on SG Highway has seen a depreciation of 29.17%, while Jagatpur has seen a depreciation of 14.29% as of June 2026. Understanding these rental fluctuations is essential for investors looking to balance capital growth in Gift City with potential rental yields in the surrounding residential hubs.