Ahmedabad
The real estate market in and around Kalupur demonstrates varied performance across its residential and commercial segments, influenced by development activity in surrounding Ahmedabad localities. While villa pricing in Kalupur itself remains steady, neighboring areas like Ashram Road and Ambawadi show significant price appreciation, signaling strong demand for well-connected urban spaces. The rental market is equally dynamic, with several established residential pockets recording double-digit growth in rental rates over the past year. Buyers and investors can leverage these trends by focusing on high-growth localities that offer a balance of accessibility and modern amenities.
As of Jun 2026, the average asking price in the Kalupur micromarket stands at ₹8,300 per sq ft. This figure reflects a positive growth trajectory, as prices have steadily increased from ₹7,750 per sq ft in Mar 2026 and ₹7,100 per sq ft in Dec 2025, signaling resilient demand in this area.
Property prices in Kalupur have shown a consistent upward trend throughout the first half of 2026. After a slight dip to ₹7,600 per sq ft in Sep 2025, the market recovered to ₹7,100 per sq ft by Dec 2025, followed by consecutive growth to reach ₹8,300 per sq ft as of Jun 2026. This upward movement suggests strengthening buyer interest and a tightening supply in the locality.
Property rates in Kalupur, currently at ₹8,300 per sq ft as of Jun 2026, are positioned at the higher end of the spectrum compared to several surrounding areas. For instance, Navrangpura commands a similar premium at ₹8,600 per sq ft (which appreciated by 2.86% compared to previous periods), while other nearby localities like Naranpura and Paldi are priced more affordably at ₹6,550 per sq ft and ₹6,700 per sq ft, respectively. These variations allow buyers to choose between premium central hubs and more value-oriented residential pockets depending on their budget.
As of Jun 2026, the average asking price for villas in Kalupur is ₹5,350 per sq ft. This asset class has seen a depreciation of 3.91% compared to the previous period, which may present a more accessible entry point for buyers specifically looking for independent house configurations rather than apartment-style living.
Among the areas surrounding Kalupur, Ashram Road has experienced the most notable growth, with rates appreciating by 13.37% to reach ₹8,250 per sq ft as of Jun 2026. Conversely, Paldi has seen a market correction with prices depreciating by 3.72% to ₹6,700 per sq ft, and Naranpura has also seen a minor depreciation of 2.18%, bringing its rate to ₹6,550 per sq ft. These shifts highlight the diverse performance of different micromarkets within the broader region.
Rental rates across neighbourhoods near Kalupur are currently uniform at ₹50 per sq ft as of Jun 2026, though their recent performance varies significantly. For example, while rental rates in Paldi have appreciated by 25% compared to previous periods, rates in Naranpura have seen a depreciation of 8.7%. Meanwhile, Navrangpura has seen a 10% appreciation in rental rates, and Ambawadi has experienced a more modest growth of 4.35%, indicating that rental demand is evolving differently across these specific pockets.
Investors should note that while the rental rate is currently consistent at ₹50 per sq ft across several key areas like Ellisbridge, Navrangpura, and Paldi as of Jun 2026, the varying appreciation rates offer insight into local demand. The 25% appreciation in Paldi suggests a rapidly growing appetite for rentals in that specific neighbourhood, whereas the 8.7% depreciation in Naranpura may indicate a temporary softening of demand or an increase in available rental inventory. Monitoring these percentage changes alongside capital appreciation is essential for calculating potential rental yields.
