Ahmedabad
Muthia is currently a prominent residential hub in Ahmedabad, characterized by an average asking price of ₹11,400 per sq ft. The market has witnessed robust growth, particularly in the apartment segment, which has seen prices climb by 64.4%. Rental activity in the broader region is also active, with nearby locations like Zundal and Chandkheda recording average rental rates of ₹50 per sq ft. This balance of capital appreciation and rental demand suggests a dynamic environment for property stakeholders.
As of Jun 2026, the average asking price in Muthia stands at ₹11,400 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
Property rates in the Muthia micromarket have shown a consistent upward trajectory from Sep 2025 to Jun 2026. The micromarket rate rose from ₹5,050 per sq ft in Sep 2025 to ₹5,150 in Dec 2025, reaching ₹5,250 in Mar 2026, and finally hitting ₹5,350 per sq ft as of Jun 2026, signaling sustained demand and steady growth in the area.
Property rates in Muthia, currently at ₹11,400 per sq ft, are significantly higher than many surrounding areas. For instance, as of Jun 2026, neighbouring localities like Nana Chiloda (₹3,850 per sq ft, down 2.6%), Naroda (₹3,800 per sq ft, down 0.29%), and Nikol (₹4,100 per sq ft, up 1.34%) offer more accessible entry points for buyers compared to the premium positioning of Muthia.
As of Jun 2026, the average asking price for apartments in Muthia is ₹11,400 per sq ft. This segment has seen significant appreciation, rising by 64.4% compared to the previous period, reflecting strong buyer interest and a potential shift in the luxury or premium positioning of apartment projects in this locality.
Rental rates in the vicinity of Muthia show mixed performance as of Jun 2026. In Zundal, the average rental rate is ₹50 per sq ft, which has depreciated by 10.53% compared to the previous period, while in Chandkheda, the average rental rate is also ₹50 per sq ft but has appreciated by 12.5%, suggesting varying levels of rental demand and supply dynamics across these nearby micro-markets.
Investors looking at rental income near Muthia should note the current rental rates of ₹50 per sq ft in both Zundal and Chandkheda as of Jun 2026. While Chandkheda has seen a 12.5% appreciation in rental rates, Zundal has experienced a 10.53% depreciation, indicating that rental yields and income stability can vary significantly even between nearby locations, necessitating a careful review of local tenant demand before making investment decisions.
Among the localities near Muthia, the SP Ring Road area has witnessed the most significant growth, with rates reaching ₹6,300 per sq ft as of Jun 2026, representing a substantial appreciation of 22.07% over the measured period. Koba also shows strong performance with rates at ₹5,000 per sq ft, marking an 11.03% appreciation, which highlights these areas as high-growth corridors compared to the more stable or depreciating markets like Motera, which saw a 3.96% depreciation to ₹5,350 per sq ft.
