Ahmedabad
The Naroda Road real estate market presents a balanced landscape for prospective buyers and investors. With an average asking price of ₹4,200 per sq ft, the location remains a stable choice for those seeking residential apartments within Ahmedabad. Nearby localities provide a clear comparative framework, with prices ranging from ₹3,300 per sq ft in Odhav to ₹5,550 per sq ft in the premium Vaishnodevi Circle. Rental activity is also emerging in the broader region, with Vaishnodevi Circle currently seeing average rental rates of ₹50 per sq ft.
As of Sep 2026, the average asking price in Naroda Road is ₹4,200 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
Property prices in the Naroda Road micromarket have shown a consistent upward trajectory throughout 2026. Data indicates the micromarket rate rose from ₹5,150 per sq ft in Dec 2025 to ₹5,250 per sq ft in Mar 2026, ₹5,350 per sq ft in Jun 2026, and reached ₹5,450 per sq ft as of Sep 2026, reflecting steady demand and sustained growth in the area.
Property rates in Naroda Road, at ₹4,200 per sq ft, are positioned competitively against surrounding areas. For instance, neighbouring Naroda has an average asking price of ₹3,850 per sq ft, which appreciated by 1.21% recently, while Nava Naroda is currently at ₹3,650 per sq ft, having seen a depreciation of 3.7%. Meanwhile, areas like Khokhra also trade at ₹4,200 per sq ft, showing an appreciation of 1.67%.
While specific rental data for Naroda Road is currently limited, the broader regional context shows varying rental activity. For example, in nearby Vaishnodevi Circle, the average rental rate is ₹50 per sq ft as of Sep 2026, a rate that has remained stable with 0% change over the observed period. Investors looking at the region should note that rental yields are highly dependent on the specific property type and local demand drivers.
Among the areas surrounding Naroda Road, Khokhra has experienced a notable appreciation of 1.67% as of Sep 2026, bringing its average asking price to ₹4,200 per sq ft. Conversely, Nava Naroda has seen a depreciation of 3.7%, with rates currently at ₹3,650 per sq ft, and Odhav has witnessed a depreciation of 2.31%, bringing its average to ₹3,300 per sq ft. These variations highlight the importance of evaluating specific micromarket performance rather than relying on a single regional average.
