Property rates in Makarba average ₹5,600 per sq ft. This locality maintains a steady residential market, complemented by a robust commercial sector where office spaces average ₹6,950 per sq ft. Investors are taking note of the healthy 5.36% rental yield, which underscores the area's appeal for long-term income. With a diverse range of projects from ready-to-move to under-construction developments, Makarba remains a balanced choice for both homebuyers and corporate tenants.
Insights for Makarba, Ahmedabad Real Estate Market Overview
Makarba presents a dynamic real estate environment where residential and commercial interests intersect along the busy SG Highway corridor. The market has seen fluctuating price trends over the last year, reflecting a period of adjustment that offers entry points for savvy buyers. Rental activity is particularly strong, driven by a steady demand for both 2 BHK and 3 BHK configurations. Developers continue to align their project timelines with buyer expectations, offering a mix of immediate possession and future-ready options.
Average residential apartment prices sit at ₹5,600 per sq ft, while office spaces command a premium at ₹6,950 per sq ft.
The market delivers an attractive rental yield of 5.36%, significantly boosting its profile for real estate investors.
Ready-to-move projects are currently priced at ₹5,250 per sq ft, providing immediate value for end-users.
Rental rates for 3 BHK units average ₹37,150 per month, highlighting the premium placed on larger family living spaces.
Top-tier projects like Goyal and Co Riviera Blues and Deep Satyadeep Heights serve as key benchmarks for local pricing trends.
Market Strengths
Strong commercial office space demand with an average rate of ₹6,950 per sq ft.
Competitive rental yield of 5.36% makes the area attractive for buy-to-let investors.
Diverse inventory of 11 ready-to-move projects provides immediate housing solutions.
Consistent rental demand for 3 BHK apartments, fetching an average of ₹37,150 per month.
Well-occupied projects like Nila Atuulyam sustain a stable price floor of ₹5,300 per sq ft.
Market Challenges
Recent price volatility in the apartment segment has seen a -1.7% change, requiring careful timing for capital appreciation.
Under-construction projects show a -1.64% price trend, indicating a need for thorough due diligence on project timelines.
Ready-to-move inventory has experienced a -9.8% price adjustment, which may impact short-term resale value expectations.
Investment Opportunities
Capitalize on the healthy 5.36% rental yield currently observed in the residential sector.
Target 2 BHK apartments for consistent rental income, with average monthly returns of ₹29,700.
Consider commercial office spaces which offer a higher price-per-sq-ft potential at ₹6,950 compared to residential units.
Explore ready-to-move projects at ₹5,250 per sq ft for immediate asset utilization and lower risk.
Top Localities in Makarba, Ahmedabad
Ramdevnagar
Avg Price₹ 9,300 /sqft
Avg Rent₹ 23 /sq
ft
YIELD
+ 2.97
LISTINGS
5
Price Trend
Makarba, Ahmedabad Property Price Trends and Appreciation
Makarba has seen price movements over the last several quarters, with the current rate of ₹5,600 per sq ft reflecting recent market adjustments. After peaking earlier in the year, the local rates have stabilized, providing a more predictable landscape for prospective buyers. This shift from previous highs offers a favorable entry point compared to the surrounding micromarket averages.
Makarba holds its own against neighboring localities, balancing affordability with prime connectivity. While Prahlad Nagar commands a premium at ₹8,100 per sq ft, Makarba remains a more accessible option for those seeking value. It is positioned competitively alongside areas like Vejalpur and Juh at ₹5,050 per sq ft and Juhapura at ₹5,100 per sq ft, making it a strategic middle ground for residential investment.
Makarba's real estate market caters to diverse buyer preferences across property categories. Commercial office spaces lead the premium segment at ₹6,950 per sq ft, experiencing a 1.25% growth. Residential apartments are priced at ₹5,600 per sq ft, reflecting a -1.7% change, which provides a more accessible entry point for home seekers.
The Makarba market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory, comprising 11 units, averages ₹5,250 per sq ft, appealing to those seeking immediate occupancy. Under-construction projects present 2 opportunities at ₹5,350 per sq ft, while well-occupied developments maintain a steady price point of ₹5,300 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Makarba
Top Projectsin Makarba
Godrej Altus is the top project in Makarba with prices from ₹ 4.50 Cr to 7.00 Cr.
Premium residential developments in Makarba set high-value benchmarks for the locality. Leading the segment, Goyal and Co Riviera Blues is priced at ₹5,900 per sq ft, while Deep Satyadeep Heights matches this at ₹5,900 per sq ft. Other notable projects like Goyal Riviera Prestige at ₹5,500 per sq ft and Nila Atuulyam at ₹5,300 per sq ft demonstrate the range of options available for discerning buyers.
Top projects in Makarba offer varied rental options, with Deep Satyadeep Heights leading at ₹33 per sq ft. Other key projects like Shivam Priory and Nila Atuulyam follow, with rental rates of ₹29 per sq ft and ₹28 per sq ft, respectively, providing diverse choices for tenants.
Rental Trends
Rental Trends and Average Rent in Makarba, Ahmedabad
Rental demand is robust across unit types, with 2 BHK apartments averaging ₹29,700 per month. Larger 3 BHK residential apartments command a higher average of ₹37,150 per month, reflecting the demand for spacious living arrangements in the locality. Rental rates across the surrounding micro-markets remain consistent, with most areas averaging ₹50 per sq ft. Notably, Satellite and Shela have shown positive momentum with growth rates of 14.29% and 9.52% respectively, while South Bopal experienced a -12% adjustment. Rental pricing remains uniform across property types in Makarba, with both office spaces and apartments averaging ₹50 per sq ft. While apartment rents have remained stable, the office space segment has seen a slight adjustment of -1.92% over the past year. Top projects in Makarba offer varied rental options, with Deep Satyadeep Heights leading at ₹33 per sq ft. Other key projects like Shivam Priory and Nila Atuulyam follow, with rental rates of ₹29 per sq ft and ₹28 per sq ft, respectively, providing diverse choices for tenants.
Rental demand is robust across unit types, with 2 BHK apartments averaging ₹29,700 per month. Larger 3 BHK residential apartments command a higher average of ₹37,150 per month, reflecting the demand for spacious living arrangements in the locality.
Rental rates across the surrounding micro-markets remain consistent, with most areas averaging ₹50 per sq ft. Notably, Satellite and Shela have shown positive momentum with growth rates of 14.29% and 9.52% respectively, while South Bopal experienced a -12% adjustment.
Rental pricing remains uniform across property types in Makarba, with both office spaces and apartments averaging ₹50 per sq ft. While apartment rents have remained stable, the office space segment has seen a slight adjustment of -1.92% over the past year.
Frequently Asked Questions About Property Rates in Makarba, Ahmedabad
What is the current average asking price in Makarba?
As of March 2026, the average asking price in Makarba stands at ₹5,600 per sq ft. This figure reflects a depreciation of 1.7% compared to the previous reporting period, indicating a slight softening in market values for residential apartments in the area.
How have property prices in Makarba trended over the last few quarters?
Property prices in Makarba have shown a mixed trajectory from June 2025 to March 2026. The location rate fluctuated from ₹6,050 per sq ft in June 2025 to a peak of ₹6,500 per sq ft in September 2025, before correcting to ₹5,700 per sq ft in December 2025 and finally settling at ₹5,600 per sq ft as of March 2026. This volatility suggests a period of price adjustment following the peak observed in the third quarter of 2025.
How do property rates in Makarba compare to nearby neighbourhoods?
Property rates in Makarba, currently at ₹5,600 per sq ft, sit in the mid-range when compared to surrounding areas in Ahmedabad. For instance, Prahlad Nagar commands a higher average rate of ₹8,100 per sq ft, which depreciated by 3.95% recently, while more affordable options like Vejalpur and Juhapura are priced at ₹5,050 per sq ft and ₹5,100 per sq ft, respectively. These variations allow buyers to choose between premium established hubs and more budget-friendly residential pockets based on their specific investment or end-use goals.
What is the price difference between Ready To Move and Under Construction properties in Makarba?
As of March 2026, Ready To Move properties in Makarba are priced at an average of ₹5,250 per sq ft, having depreciated by 9.8% over the analyzed period. In contrast, Under Construction projects are currently available at an average of ₹5,350 per sq ft, which reflects a depreciation of 1.64% compared to the prior period. This narrow price gap suggests that the market currently offers competitive entry points for both immediate occupancy and future possession.
What are the average rental rates and rental yield for properties in Makarba?
The average rental rate in Makarba is ₹25 per sq ft as of March 2026, with rental rates remaining stable at 0% change over the observed period. The area currently offers a rental yield of 5.36%, a key metric for investors that represents the annual rental income as a percentage of the property's capital value. This yield indicates a steady income potential for landlords, balancing the current capital price of ₹5,600 per sq ft for apartments.
What is the typical monthly rent for 2 BHK and 3 BHK apartments in Makarba?
As of March 2026, the rental market in Makarba shows a clear hierarchy based on unit size. A 2 BHK apartment typically commands an average rent of ₹29,700 per month, while a 3 BHK apartment averages ₹37,150 per month. These figures provide prospective tenants with a clear understanding of the monthly budget required for different living space configurations in the locality.
Which projects in Makarba command the highest rental rates?
Among the top projects for rentals in Makarba, Deep Satyadeep Heights leads with a current rental rate of ₹33 per sq ft, followed by Shivam Priory at ₹29 per sq ft and Nila Atuulyam at ₹28 per sq ft. Other notable projects include Deep Indraprastha Homes at ₹26 per sq ft, and Poddar Palm Greens, Ratnaakar Richmond Grand, and Sammet Platinum, all of which command ₹25 per sq ft. These rates have remained stable at 0% change, highlighting consistent demand for these specific residential developments.
How should investors interpret the property rate data for Makarba?
Investors should view the current average asking price of ₹5,600 per sq ft in March 2026 alongside the 5.36% rental yield to assess the total return on investment. With the market showing a recent 1.7% depreciation in sale prices, the current phase may represent a consolidation period. By monitoring the price trends of specific projects and the status-wise pricing, such as the ₹5,250 per sq ft rate for Ready To Move units, investors can identify entry points that align with their risk appetite and income expectations.
