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Property Rates in Naroda Road, Ahmedabad
Comprehensive Market Snapshot
Property rates in Naroda Road, Ahmedabad average ₹4,200 per sq ft, with no registration rates currently reported. This indicates a stable market outlook for the upcoming quarter. Notably, nearby Nava Naroda shows a significant increase of 9.65% in its average residential apartment rate, while Odhav also experienced a substantial 11.34% surge, highlighting dynamic growth within the broader Naroda vicinity.
- Asking Sale Price₹ 4,200 /sq.ft
Insights for Naroda Road, Ahmedabad Real Estate Market
The property market in Naroda Road, Ahmedabad, presents an average asking price of ₹4,200 per sq ft, with no registration rates currently impacting upfront costs. Looking ahead to June 2025, the projected location rate stands at ₹4,200 per sq ft, aligning with the current average. The rental market shows varying performance across sub-locations; Vaishnodevi Circle offers an average rental rate of ₹50 per sq ft with no year-on-year change, while Nava Vadaj has seen a dip of 8.7%. Among residential segments, Nikol apartments are priced at ₹4,050 per sq ft with a modest 0.45% increase, whereas Ranip apartments are priced at ₹4,800 per sq ft, experiencing a 0.42% decrease. Commercial office spaces in Ashram Road average ₹7,250 per sq ft, showing a 0.52% decline.
- Nikol residential apartments are priced at ₹4,050 per sq ft, marking a 0.45% increase.
- Ashram Road commercial office spaces are averaging ₹7,250 per sq ft, with a 0.52% decrease.
- Ranip residential apartments are priced at ₹4,800 per sq ft, reflecting a 0.42% decrease.
- Odhav residential apartments show a significant 11.34% increase, reaching ₹3,500 per sq ft.
- Nava Naroda residential apartments are priced at ₹3,750 per sq ft, with a notable 9.65% increase.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Naroda Road, Ahmedabad
The property market in Naroda Road, Ahmedabad, is projected to maintain its current average asking price of ₹4,200 per sq ft through June 2025. This stability suggests a steady market with limited upward or downward pressure anticipated in the immediate future based on current trends.
The real estate landscape around Naroda Road showcases a diverse range of property values. Nikol offers residential apartments at an average of ₹4,050 per sq ft, showing a slight uptick. In contrast, Ranip's residential apartments are priced higher at ₹4,800 per sq ft but have seen a minor decrease. Commercial office spaces on Ashram Road command a higher rate of ₹7,250 per sq ft, though this segment has experienced a slight decline.
FAQs about Property Rates in Naroda Road, Ahmedabad
As of Mar 2026, the average asking price for residential apartments on Naroda Road is ₹4,200 per sq ft. This rate has remained stable, showing a 0% change from the previous period, indicating a steady market condition in terms of sale prices for apartments in this locality.
Property prices on Naroda Road have seen fluctuations over the past year. The micromarket rate was ₹5,000 per sq ft in Jun 2025, increasing to ₹5,050 in Sep 2025, and further to ₹5,150 in Dec 2025. By Mar 2026, the micromarket rate reached ₹5,250 per sq ft, indicating a consistent upward trend in micromarket prices over these periods.
As of Mar 2026, Naroda Road's average asking price for residential apartments stands at ₹4,200 per sq ft. Nearby micromarkets show varied price points: Nikol averages ₹4,050 per sq ft with a 0.45% appreciation, Ranip is at ₹4,800 per sq ft with a -0.42% depreciation, and Odhav has seen significant growth at ₹3,500 per sq ft with an 11.34% appreciation. Nava Naroda is priced at ₹3,750 per sq ft, having appreciated by 9.65%.
As of Mar 2026, several micromarkets near Naroda Road show an average rental rate of ₹50 per sq ft. This includes Vaishnodevi Circle, which has seen no change in rental rates. However, Nava Vadaj has experienced a depreciation of 8.7%, Navrangpura a depreciation of 4.76%, and Naranpura a depreciation of 4.17% over the comparable periods.
Property prices vary significantly across residential micromarkets near Naroda Road. Nikol averages ₹4,050 per sq ft with a slight appreciation of 0.45%. Ranip is priced higher at ₹4,800 per sq ft but has depreciated by 0.42%. Odhav shows a substantial appreciation of 11.34% to reach ₹3,500 per sq ft, while Nava Naroda has appreciated by 9.65% to ₹3,750 per sq ft. Naroda itself is priced at ₹3,850 per sq ft with a 5.14% appreciation.
The 0% change in the average asking price for Naroda Road as of Mar 2026 indicates that property prices have remained stable over the comparison period. This stability can suggest a balanced market with supply and demand being relatively equal, or it could reflect a period of consolidation after previous price movements. For buyers, it means current asking prices are consistent with previous levels.
As of Mar 2026, Naroda Road has an average asking price of ₹4,200 per sq ft for residential apartments. In contrast, the adjacent Naroda micromarket averages ₹3,850 per sq ft for residential apartments, having appreciated by 5.14% from the previous period. This suggests that Naroda Road currently commands a slightly higher price point compared to the Naroda micromarket.
As of Mar 2026, both Vaishnodevi Circle and Nava Vadaj report an average rental rate of ₹50 per sq ft. However, Vaishnodevi Circle's rental rates have remained stable with a 0% change, while Nava Vadaj has seen a depreciation of 8.7% over the comparable period, indicating a softening rental market in Nava Vadaj.
