Ahmedabad
Makarba’s real estate landscape is marked by a steady evolution in property values and rental demand, making it a key focus for residential investment. Current market pricing is supported by a diverse inventory, ranging from ready-to-move apartments to modern office spaces. Rental activity remains active, with healthy yields attracting landlords and tenants alike. Ongoing interest in projects along the SG Highway further strengthens the area's appeal for both end-users and long-term investors.
As of June 2026, the average asking price in Makarba stands at ₹5,950 per sq ft. This figure reflects an appreciation of 5.93% compared to the previous period, indicating a positive trend in market demand for residential properties in this locality.
Property prices in Makarba have shown a clear upward trajectory in the most recent quarter, reaching ₹5,950 per sq ft in June 2026 from ₹5,600 per sq ft in March 2026. This growth suggests resilient demand, as the locality has transitioned from a period of relative stability in late 2025 to a more active pricing environment in the first half of 2026.
Makarba, with an average asking price of ₹5,950 per sq ft as of June 2026, sits in a mid-range position compared to surrounding areas. For instance, areas like Ambli Road command significantly higher rates at ₹9,300 per sq ft, while more affordable options can be found in Shantipura at ₹4,500 per sq ft. This variation allows buyers to choose between premium, high-value corridors and more budget-friendly residential pockets depending on their investment goals.
As of June 2026, Ready To Move properties in Makarba are priced at ₹5,450 per sq ft, having depreciated by 1.53% over the observed period. In contrast, Under Construction projects are priced at ₹5,350 per sq ft, reflecting a depreciation of 2.59% compared to the previous period. The marginal price gap between these two categories indicates a balanced market where buyers can choose between immediate possession and the potential for future value appreciation in newer developments.
Investors in Makarba can expect an average rental yield of 5.24% as of June 2026, with an average rental rate of ₹26 per sq ft. The rental market has seen an appreciation of 4% over the observed period, making it an attractive proposition for those looking to balance capital growth with consistent rental income.
Rental rates in Makarba vary by unit size, catering to different tenant profiles. As of June 2026, a 2 BHK apartment typically commands an average rent of ₹32,200 per month, while a 3 BHK apartment averages ₹41,650 per month. These rates provide a clear benchmark for landlords and tenants looking to understand the monthly cost of living in the locality.
Deep Satyadeep Heights leads the rental market in Makarba with a current rental rate of ₹33 per sq ft as of June 2026, showing price stability with 0% change over the period. Other premium rental projects include Shivam Priory at ₹29 per sq ft and Nila Atuulyam at ₹28 per sq ft. These projects consistently attract tenants due to their specific amenities and location advantages within the SG Highway micromarket.
Rental rates across Ahmedabad vary significantly, with many prominent localities like Prahlad Nagar, Vejalpur, and Satellite recording an average rental rate of ₹50 per sq ft as of June 2026. While Makarba currently averages ₹26 per sq ft, it remains a competitive option for tenants seeking value, especially when compared to the higher rental benchmarks set by established hubs like Jodhpur and Ramdevnagar.
As of June 2026, office spaces in Makarba are priced at an average of ₹7,400 per sq ft, having appreciated by 6.51% compared to the previous period. Apartments, meanwhile, are priced at ₹5,950 per sq ft, showing an appreciation of 5.93% over the same timeframe. This data indicates that both commercial and residential segments in Makarba are experiencing strong growth, with office spaces commanding a premium due to the locality's strategic location along the SG Highway.
Deep Satyadeep Heights is currently the highest-priced project in Makarba, with a listing rate of ₹6,500 per sq ft as of June 2026, marking a significant appreciation of 10.1% compared to the previous period. Other notable projects include Goyal and Co Riviera Blues at ₹6,250 per sq ft and Ratnaakar Richmond Grand at ₹5,550 per sq ft. These listing rates reflect the premium positioning of these developments within the local market.
A buyer should view the current price trends in Makarba as a sign of a maturing market. With the average asking price reaching ₹5,950 per sq ft in June 2026 and a positive quarterly movement, the locality is demonstrating sustained interest. Investors and end-users should monitor the specific price points of both Ready To Move and Under Construction segments to identify the best entry point for their specific budget and timeline.
