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Property Rates in Memnagar, Ahmedabad

Comprehensive Market Snapshot

Memnagar's real estate market presents a compelling average asking price of ₹6,234 per sq ft. The market has seen fluctuations in pricing over the past few quarters, with projected rates for Mar 2026 at ₹6,234 per sq ft, indicating a steady outlook. Apartments are priced at ₹6,234 per sq ft, while villas are available for ₹12,320 per sq ft. Rental data shows an average rental rate of ₹21 per sq ft and a rental yield of 4.04%, with 2 BHK apartments averaging ₹27,000 per month and 3 BHK apartments at ₹36,250 per month.

  • The average asking price in Memnagar stands at ₹6,234 per sq ft.
  • Apartments are priced at ₹6,234 per sq ft, while villas are listed at ₹12,320 per sq ft.
  • The average rental rate across Memnagar is ₹21 per sq ft.
  • A rental yield of 4.04% is observed in the market.
  • 2 BHK apartments command an average rent of ₹27,000 per month.

  • Asking Sale Price₹ 6,234 /sq.ft
  • Average Rental₹ 21 /sq.ft
  • Rental Yield4.04 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Rental Trends
  • Other Property Rates

Insights for Memnagar, Ahmedabad Real Estate Market

Memnagar's property market is currently valued at an average asking price of ₹6,234 per sq ft, with price trends showing a dynamic pattern across recent quarters. For instance, the rate was ₹5,980 per sq ft in Dec 2025, expected to rise to ₹6,234 per sq ft by Mar 2026. Apartments are priced at ₹6,234 per sq ft, showing a 4.25% increase, whereas villas are priced significantly higher at ₹12,320 per sq ft with a notable 17.97% growth. The rental market is active, with an average rental rate of ₹21 per sq ft and a rental yield of 4.04%. Key rental segments include 2 BHK apartments at ₹27,000 per month and 3 BHK apartments at ₹36,250 per month. Nearby areas like Naranpura offer an average rental rate of ₹23 per sq ft, while Vastrapur commands ₹27 per sq ft.

  • Apartment prices in Memnagar have seen a 4.25% increase, averaging ₹6,234 per sq ft.
  • Villas exhibit strong growth, with prices up by 17.97% to ₹12,320 per sq ft.
  • The average rental rate is ₹21 per sq ft, contributing to a 4.04% rental yield.
  • 2 BHK apartments are available for rent at an average of ₹27,000 per month, and 3 BHK units at ₹36,250 per month.
  • Vastrapur and Bodakdev are among the locations with the highest average rental rates at ₹27 per sq ft.

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Property Price Trends in Memnagar, Ahmedabad

Asking Price Trends

The asking price trend in Memnagar indicates a fluctuating yet generally upward trajectory. From ₹5,964 per sq ft in Jun 2025, prices saw an increase to ₹6,548 per sq ft by Sep 2025, before settling at ₹5,980 per sq ft in Dec 2025. The market is projected to reach ₹6,234 per sq ft by Mar 2026, suggesting a period of stabilization and moderate growth.

Quarter City Rate
Mar 2026 6234
Dec 2025 5980
Sep 2025 6548
Jun 2025 5964
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Price Trends by Property Type

The Memnagar real estate market offers distinct pricing across property types. Apartments are priced at ₹6,234 per sq ft, showing a moderate 4.25% increase. Villas represent a premium segment, averaging ₹12,320 per sq ft and demonstrating significant growth with a 17.97% rise.

Type Rate (₹/sq.ft) Change %
Villa 12,320 17.97
Apartment 6,234 4.25
Price Trends by Project Status

Properties in Memnagar are available across various stages of development, catering to diverse buyer needs. Ready To Move inventory, comprising 7 units, averages ₹6,149 per sq ft with a slight 0.49% increase. New Launch projects, with 3 units, are priced at ₹6,409 per sq ft, reflecting a 5.63% growth, indicating developer confidence in new offerings.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 11 6,162 1.41
Under Construction 1 6,250 -
New Launch 3 6,409 5.63
Price Trends by Localities

Memnagar's property values exhibit variation across its micro-markets. Gurukul averages ₹6,082 per sq ft, experiencing a notable decline of 11.92%, while Naranpura sees a positive trend with rates at ₹6,707 per sq ft, up by 8.28%. Ghatlodia offers more affordable options at ₹5,442 per sq ft. Higher price points are observed in Vastrapur at ₹8,636 per sq ft and Navrangpura at ₹8,362 per sq ft, indicating distinct premium zones within the broader Memnagar area.

Location Rate (₹/sq.ft) Change %
Gurukul 6,082 -11.9
Naranpura 6,707 8.3
Ghatlodia 5,442 -
Vastrapur 8,636 3.7
Nirnay Nagar 5,724 -
Navrangpura 8,362 9.6
Panjrapole 9,090 -
Satellite 8,160 -2.7
Chanakyapuri 4,721 -
Bodakdev 9,301 2.8

Project and Developer Insights

Top Projects in Memnagar
Shankara Paramount is the top project in Memnagar with prices from ₹ 29.00 Lac to 30.00 Lac.
Shankara Paramount ₹ 29 L - ₹ 30 L
  • Ahmedabad North, Ahmedabad
Ozone India Ozone City ₹ 21.06 L - ₹ 31.32 L
  • Ahmedabad East, Ahmedabad
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Several projects in Memnagar are setting benchmarks for asking prices. Safaliya Shruti Apartment leads with a rate of ₹6,838 per sq ft, marking a 14.04% increase. Sahajanand Oasis follows at ₹6,541 per sq ft with a 4.74% rise, and Vallabh Kesar Harmony is priced at ₹6,261 per sq ft, showing a 2.91% uptick. Vishwa Lake Iksa and Jade Vertex Luxuria are also notable, with rates around ₹6,250 per sq ft and ₹6,219 per sq ft respectively.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Safaliya Shruti Apartment 6,838 14
Sahajanand Oasis 6,541 4.7
Vallabh Kesar Harmony 6,261 2.9
Vishwa Lake Iksa 6,250 -
Jade Vertex Luxuria 6,219 0.1
Sun Set Duplex 6,219 3.4
Sun Terrace 6,209 3.6
Yash Arian 6,185 2.9
Smita Tower 6,175 -11.1
Sun Power 6,171 2.9
Top Projects by Rental Rates

Among the top rental projects, Sahajanand Oasis in Memnagar has a current rental rate of ₹28 per sq ft with no reported change. Goyal Intercity, also in Memnagar, offers rentals at ₹22 per sq ft, also with no reported change.

Project Name Rate (₹/sq.ft) Change %
Sahajanand Oasis 28 -
Goyal Intercity 22 -
Top Developers in Memnagar
Sun Builders leads in Memnagar with 36 projects and years of experience.
DLF
Sun Builders ₹ 18.9 L - ₹ 9.90 Cr
  • 36 Projects
DLF
Yash Realty ₹ 53.00 L - ₹ 87.83 L
  • 2 Projects
DLF
Utsav Builders
  • 1 Projects
DLF
Vishwa Group ₹ 76.25 L - ₹ 1.07 Cr
  • 1 Projects
DLF
Navkar Group Ahmedabad
  • 1 Projects
DLF
Goyal Co Construction Pvt
  • 1 Projects
DLF
Sahajanand ₹ 54 L - ₹ 89.5 L
  • 1 Projects
DLF
Jade Buildcon
  • 1 Projects
DLF
Safaliya Developers
  • 1 Projects
DLF
Vallabh ₹ 1.59 Cr - ₹ 1.63 Cr
  • 1 Projects
View More

Property Rental Trends in Memnagar, Ahmedabad

Rental Trends by Unit Type

In Memnagar, rental demand is primarily focused on multi-bedroom apartments, with 2 BHK units averaging ₹27,000 per month and 3 BHK units commanding ₹36,250 per month. These figures reflect the typical needs of families and professionals in the area.

Unit Type Rate (₹)
2 Bhk 27,000
3 Bhk 36,250
Rental Trends by Nearby Localities

Rental rates vary across Memnagar's neighboring localities. Vastrapur and Bodakdev lead with an average rental rate of ₹27 per sq ft, while Satellite is close behind at ₹24 per sq ft. Naranpura and Jodhpur are priced at ₹23 per sq ft, with Navrangpura and Nava Vadaj showing slightly lower rates.

Locality Rate (₹/sq.ft) Change %
Naranpura 23 -4.17
Vastrapur 27 -
Navrangpura 20 -4.76
Satellite 24 14.29
Bodakdev 27 -
Thaltej 27 -6.9
Nava Vadaj 21 -8.7
Ambawadi 23 -
Jodhpur 23 -4.17
Satellite 24 14.29
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