Ahmedabad
The Ahmedabad property market displays a mix of growth and stabilization across its major localities, offering distinct opportunities for different buyer profiles. While established areas like Ellisbridge and Ashram Road maintain premium price points, emerging residential hubs are witnessing rapid value appreciation. Rental demand remains steady across the city, with most prominent neighborhoods supporting a consistent rental rate of ₹50 per sq ft. Investors should note the varying performance of residential and commercial segments, which continues to shape the overall investment landscape.
As of June 2026, the average asking price in Kalupur stands at ₹8,000 per sq ft. This figure represents the latest valuation in the micromarket, which has shown a positive trajectory, increasing from ₹7,750 per sq ft in March 2026 to the current level. This upward movement suggests a steady demand for property in the area over the recent quarter.
Property prices in Kalupur have demonstrated a recovery trend, moving from ₹7,600 per sq ft in September 2025 to ₹7,100 per sq ft in December 2025, before rebounding to ₹7,750 per sq ft in March 2026 and reaching ₹8,000 per sq ft in June 2026. This consistent growth over the last two quarters indicates strengthening market confidence and sustained interest from buyers in the locality.
Property rates in the vicinity of Kalupur vary significantly, reflecting different market segments and property types. As of June 2026, Navrangpura commands a high average asking price of ₹8,350 per sq ft, which has appreciated by 9.58% compared to the previous period. Conversely, areas like Isanpur show a more accessible entry point at ₹5,150 per sq ft, having seen a notable appreciation of 34.77% over the same timeframe. Other nearby areas include Ellisbridge at ₹8,450 per sq ft and Ashram Road at ₹7,250 per sq ft, both of which have experienced slight depreciation of 1.64% and 0.52% respectively.
As of June 2026, the average asking price for villas in Kalupur is ₹5,350 per sq ft. This segment has experienced a depreciation of 3.91% compared to the previous period, which may signal a market correction or a shift in buyer preference toward other property types in the current economic climate.
Rental rates across neighbourhoods near Kalupur are currently uniform at ₹50 per sq ft, though their growth trends differ significantly. As of June 2026, Paldi has seen a substantial rental appreciation of 25%, while Navrangpura has recorded a 5% increase. Meanwhile, rental rates in Ellisbridge, Ambawadi, and Vasna have remained stable with 0% change, and Naranpura has experienced a rental depreciation of 8.7% compared to the previous period.
Investors should note that while the average rental rate across several key areas near Kalupur is consistent at ₹50 per sq ft as of June 2026, the varying appreciation rates highlight different levels of demand. The 25% appreciation in Paldi suggests a rapidly tightening rental market, whereas the stability in areas like Ellisbridge and Ambawadi indicates a more mature, balanced rental environment. Investors looking for growth potential should monitor these percentage changes closely, as they reflect the shifting dynamics between tenant demand and available rental supply.
