Property rates in Makarba average ₹5,600 per sq ft. This valuation reflects a market adjusting from recent highs, with current trends showing a shift in buyer demand. The local real estate landscape is bolstered by a healthy rental yield of 5.36%, making it an attractive option for investors. With diverse project statuses ranging from ready-to-move units to under-construction developments, the area remains a balanced choice for both end-users and long-term property investors.
Insights for Makarba, Ahmedabad Real Estate Market Overview
Makarba maintains a balanced real estate environment, with property values currently averaging ₹5,600 per sq ft. The market has seen some volatility in recent quarters as demand for residential apartments stabilizes against a backdrop of varied supply stages. Rental activity is particularly robust, underpinned by a 5.36% rental yield that draws interest from income-focused investors. Developers continue to deliver projects that cater to a wide spectrum of requirements, from immediate possession needs to modern, under-construction residential complexes.
Residential apartments in Makarba are currently priced at an average of ₹5,600 per sq ft.
The area offers a competitive rental yield of 5.36%, with 3 BHK apartments commanding an average monthly rent of ₹37,150.
Office spaces are in demand, currently averaging ₹6,950 per sq ft with a positive growth of 1.25%.
Ready-to-move projects provide immediate housing solutions, while under-construction units offer options for those looking at future value appreciation.
Top projects like Goyal Riviera Prestige show positive price movement, highlighting continued interest in established residential pockets.
Market Strengths
A strong rental yield of 5.36% establishes Makarba as a reliable location for property investors.
Commercial office space demand is resilient, evidenced by a positive 1.25% growth rate.
The market offers a wide variety of property types, from 2 BHK to 3 BHK apartments, catering to different family sizes.
Established projects like Goyal Riviera Prestige continue to show price appreciation, reflecting strong brand and location appeal.
The area maintains a balanced mix of ready-to-move and under-construction projects, offering flexibility for different buyer timelines.
Market Challenges
Residential apartments have experienced a price contraction of -1.7%, suggesting a more cautious buyer sentiment in the primary housing segment.
Ready-to-move inventory has seen a price adjustment of -9.8%, indicating a competitive landscape for older or completed stock.
Some under-construction projects are seeing price fluctuations of -1.64%, requiring careful selection for potential buyers.
Investment Opportunities
The 5.36% rental yield provides a compelling case for investors focused on consistent monthly income.
Commercial office spaces at ₹6,950 per sq ft are showing positive growth of 1.25%, indicating a healthy demand for professional workspaces.
3 BHK apartments offer a solid rental return potential with average monthly rents of ₹37,150.
2 BHK apartments maintain steady rental demand, with average monthly returns of ₹29,700.
Top Localities in Makarba, Ahmedabad
Ramdevnagar
Avg Price₹ 9,300 /Sq.Ft.
Avg Rent₹ 23 /Sq.Ft.
YIELD
+ 2.97
LISTINGS
5
Price Trend
Makarba, Ahmedabad Property Price Trends and Appreciation
Makarba has seen price adjustments over the past year, moving from ₹6,500 per sq ft in September 2025 to a current average of ₹5,600 per sq ft by March 2026. This trend reflects a recalibration of market valuations as the locality matures. Meanwhile, micromarket rates have remained relatively steady, hovering around ₹6,600 per sq ft during the same period, suggesting long-term resilience in the broader area.
Real estate values across the surrounding regions vary significantly, reflecting the diverse nature of Ahmedabad's property market. Sanidhya leads the premium segment, commanding ₹9,950 per sq ft, while Ambli and Ambli Road also maintain high price points near ₹8,900 and ₹8,700 per sq ft respectively. In contrast, Vejalpur and Juhapura offer more accessible entry points, with rates averaging ₹5,050 and ₹5,100 per sq ft. This range allows buyers to choose between premium luxury pockets and more budget-friendly residential neighborhoods.
Makarba provides a range of options for different buyer profiles, with office spaces leading the premium segment at an average of ₹6,950 per sq ft, marking a growth of 1.25%. Residential apartments remain the core of the market, priced at ₹5,600 per sq ft. This variety ensures that investors seeking commercial returns and families looking for homes both find suitable opportunities within the current pricing structure.
The local market offers a diverse supply of properties that cater to varying possession timelines. Ready-to-move projects provide 11 units at an average of ₹5,250 per sq ft, ideal for those seeking immediate occupancy. Meanwhile, under-construction developments offer 2 units at ₹5,350 per sq ft, allowing buyers to invest in newer inventory with potential for future appreciation.
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 define the market's aspirational segment, with projects like Goyal and Co Riviera Blues and Deep Satyadeep Heights both priced at ₹5,900 per sq ft. Goyal Riviera Prestige stands out with a positive growth of 2.15%, reaching a price of ₹5,500 per sq ft. Other notable developments such as Nila Atuulyam and Ratnaakar Richmond Grand provide stable options for buyers, with prices ranging from ₹5,250 to ₹5,300 per sq ft.
Top projects in the area such as Deep Satyadeep Heights command a rental rate of ₹33 per sq ft, while Shivam Priory and Nila Atuulyam follow at ₹29 and ₹28 per sq ft respectively. These projects, along with others like Deep Indraprastha Homes and Poddar Palm Greens, provide a clear benchmark for rental values in the locality.
Rental Trends
Rental Trends and Average Rent in Makarba, Ahmedabad
Residential rentals in Makarba are segmented by unit size, with 3 BHK apartments commanding an average of ₹37,150 per month. For those seeking slightly smaller layouts, 2 BHK apartments are available at an average monthly rent of ₹29,700, reflecting the diverse rental demand in the area. Rental rates across neighboring areas are quite consistent, with locations such as Sarkhej, Prahlad Nagar, and Vejalpur all averaging ₹50 per sq ft. While most areas maintain stable rental pricing, Satellite has seen a notable increase of 14.29%, and Jodhpur has experienced a slight adjustment of -4.17%. The rental market for both office spaces and apartments in Makarba stands at an average of ₹50 per sq ft. While apartment rentals have remained stable, office spaces have seen a slight market adjustment of -1.92% in rental pricing. Top projects in the area such as Deep Satyadeep Heights command a rental rate of ₹33 per sq ft, while Shivam Priory and Nila Atuulyam follow at ₹29 and ₹28 per sq ft respectively. These projects, along with others like Deep Indraprastha Homes and Poddar Palm Greens, provide a clear benchmark for rental values in the locality.
Residential rentals in Makarba are segmented by unit size, with 3 BHK apartments commanding an average of ₹37,150 per month. For those seeking slightly smaller layouts, 2 BHK apartments are available at an average monthly rent of ₹29,700, reflecting the diverse rental demand in the area.
Rental rates across neighboring areas are quite consistent, with locations such as Sarkhej, Prahlad Nagar, and Vejalpur all averaging ₹50 per sq ft. While most areas maintain stable rental pricing, Satellite has seen a notable increase of 14.29%, and Jodhpur has experienced a slight adjustment of -4.17%.
The rental market for both office spaces and apartments in Makarba stands at an average of ₹50 per sq ft. While apartment rentals have remained stable, office spaces have seen a slight market adjustment of -1.92% in rental pricing.
Frequently Asked Questions About Property Rates in Makarba, Ahmedabad
What is the current average asking price in Makarba as of June 2026?
As of June 2026, the average asking price in Makarba is ₹5,600 per sq ft. This figure reflects a depreciation of 1.7% compared to the previous period, indicating a slight softening in the local residential market demand.
How have property rates in Makarba trended over the last few quarters?
Property rates in Makarba have shown a mixed trajectory leading up to June 2026. While the average asking price stood at ₹5,600 per sq ft in March 2026, it saw a decline from ₹5,700 per sq ft in December 2025 and ₹6,500 per sq ft in September 2025, suggesting a period of price correction for residential properties in the area.
How do property rates in Makarba compare between apartment and office space segments?
As of June 2026, office spaces in Makarba command a higher average price of ₹6,950 per sq ft, which appreciated by 1.25% compared to the previous period. In contrast, apartments are priced at an average of ₹5,600 per sq ft, reflecting a depreciation of 1.7% over the same timeframe.
What is the price difference between Ready To Move and Under Construction projects in Makarba?
As of June 2026, Ready To Move properties in Makarba are available at an average of ₹5,250 per sq ft, having depreciated by 9.8% compared to the previous period. Meanwhile, Under Construction projects are priced slightly higher at an average of ₹5,350 per sq ft, which also reflects a depreciation of 1.64% over the same period.
What is the average rental yield in Makarba, and what does it signify for investors?
The average rental yield in Makarba is currently 5.36% as of June 2026. This yield represents the annual rental income relative to the property's capital value, serving as a key metric for investors to assess the income-generating potential of their residential assets in the locality.
What are the typical monthly rental rates for 2 BHK and 3 BHK apartments in Makarba?
As of June 2026, the average monthly rent for a 2 BHK apartment in Makarba is ₹29,700, while a 3 BHK apartment commands an average monthly rent of ₹37,150. These rates provide a clear benchmark for tenants and landlords, reflecting the premium associated with larger living spaces in the area.
Which are the top projects in Makarba by rental rates?
As of June 2026, Deep Satyadeep Heights leads the rental market in Makarba with a rate of ₹33 per sq ft, followed by Shivam Priory at ₹29 per sq ft and Nila Atuulyam at ₹28 per sq ft. These projects maintain stable rental values, as evidenced by their 0% change percentage, positioning them as premium rental choices within the locality.
How do rental rates in Makarba compare to surrounding areas?
Rental rates in Makarba average ₹25 per sq ft as of June 2026, which is notably lower than the ₹50 per sq ft observed in neighbouring areas like Prahlad Nagar, Vejalpur, and Satellite. While rates in Satellite have appreciated by 14.29% compared to the previous period, Makarba's rental market has remained stable with a 0% change, offering a more accessible entry point for tenants.
What do the transaction and listing trends reveal about the Makarba real estate market?
The market in Makarba currently features 39 active listings as of June 2026, with a diverse mix of project statuses. The data indicates that while premium projects like Goyal and Co Riviera Blues are listed at ₹5,900 per sq ft, the market is currently experiencing a cooling phase, evidenced by depreciation across several project categories and a focus on balancing supply with current demand.
How should a buyer interpret the price depreciation seen in Makarba projects?
The depreciation observed in several Makarba projects, such as the 34.28% decrease in Goyal and Co Riviera Blues or the 24.82% decrease in Shree Radha Jaldeep Icon (comparing the latest June 2026 data to the prior period), suggests a market correction or a shift in buyer preference. Investors and end-users should view these trends as an opportunity to assess the long-term value of these assets relative to their current entry price points.
