Gandhinagar
Koba serves as a primary residential node within Gandhinagar, currently navigating a price correction phase that brings average rates to ₹4,350 per sq ft. This adjustment follows a period of higher valuations in late 2025, offering a renewed opportunity for prospective homeowners to enter the market at a competitive price point. The rental market in nearby areas also shows stable demand, providing consistent benchmarks for potential investors. Local infrastructure and connectivity continue to support long-term interest in the region.
As of March 2026, the average asking price in Koba is ₹4,350 per sq ft. This figure reflects a depreciation of 5.86% when compared to the previous period, indicating a recent market correction in the locality. Buyers and investors should note that this price point is specific to residential apartments, which currently represent the primary property type available in the area.
Property prices in Koba have shown a downward trajectory over the last few quarters. The average asking price shifted from ₹4,700 per sq ft in September 2025 to ₹4,650 per sq ft in December 2025, and further to ₹4,350 per sq ft as of March 2026. This consistent movement suggests a softening in demand or an increase in available supply, providing a potential entry point for price-sensitive buyers looking to invest in the region.
The average asking price in Koba, currently at ₹4,350 per sq ft, is positioned as one of the more accessible options compared to neighbouring areas. For instance, properties in Kudasan and Sargasan command higher rates at ₹4,700 per sq ft and ₹4,600 per sq ft respectively, both of which have seen appreciation. Meanwhile, Gift City stands out as a premium micromarket in the vicinity with an average asking price of ₹10,200 per sq ft, having appreciated by 11.92%.
While specific rental data for Koba is currently limited, the surrounding area of Sargasan reports an average rental rate of ₹50 per sq ft as of March 2026. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a consistent rental market in the broader region. Investors looking for rental income in the Gandhinagar corridor may find this stability a useful baseline for assessing potential returns.
A buyer should interpret the current depreciation of 5.86% in Koba (as of March 2026) as a signal of a cooling market rather than a long-term decline. With prices moving from ₹4,650 per sq ft in December 2025 to the current ₹4,350 per sq ft, the market is currently favouring end-users who are looking for more competitive entry points. It is advisable to monitor these quarterly trends closely to determine if the price levels have reached a point of stability before committing to a purchase.
