Ahmedabad
The New Maninagar real estate market shows a positive growth trajectory, with property rates moving upward from recent quarters. Residential apartments are currently the most sought-after property type, while the broader locality benefits from being part of the growing Ahmedabad housing landscape. Rental demand remains a key metric for investors, with established areas like Paldi and Ellisbridge seeing average rental rates of ₹50 per sq ft. Developers and buyers are finding a stable environment where long-term value is increasingly becoming the focus.
As of Jun 2026, the average asking price in New Maninagar stands at ₹4,650 per sq ft. This figure reflects a minor depreciation of 0.41% when compared to previous market benchmarks, indicating a period of relative price stability in the local residential market.
The property price trends in New Maninagar have shown a consistent upward trajectory over the last year. Data from Jun 2026 shows a location rate of ₹4,950 per sq ft, rising from ₹4,650 per sq ft in Mar 2026, which had remained steady since Dec 2025. This gradual increase from the ₹4,600 per sq ft recorded in Sep 2025 suggests a steady demand for residential assets in the area.
Property prices in New Maninagar vary significantly compared to surrounding areas as of Jun 2026. While New Maninagar averages ₹4,650 per sq ft, nearby Isanpur commands a higher average of ₹5,150 per sq ft, having appreciated by 34.77% over the observed period. Conversely, more affordable options are available in areas like Hathijan at ₹2,700 per sq ft (which appreciated by 4.14%) and Narolgam at ₹2,750 per sq ft (which appreciated by 8.83%), offering diverse entry points for different budget profiles.
As of Jun 2026, there is a distinct pricing gap between property types in New Maninagar. Villas are currently priced at an average of ₹9,900 per sq ft, having appreciated by 0.87% compared to previous periods. In contrast, apartments are more accessible at an average of ₹4,950 per sq ft, showing a stronger appreciation of 7.19% over the same timeframe, which highlights a growing preference for apartment-style living in this locality.
Several projects in New Maninagar provide varied price points for prospective buyers as of Jun 2026. Shreeji Anantara leads the list with a current rate of ₹3,450 per sq ft, followed by Shivman Aura Parisar at ₹3,100 per sq ft and Vastu Radhe Parijat at ₹2,900 per sq ft. Matru Trimurti Sanidhya is also available at a competitive rate of ₹2,000 per sq ft; notably, all these projects have maintained stable pricing with 0% change in their listing rates during the most recent assessment period.
While specific rental data for New Maninagar is currently limited, surrounding micromarkets provide useful benchmarks for potential income generation. For instance, in Paldi, the average rental rate is ₹50 per sq ft, which has seen a significant appreciation of 25% compared to the prior period. Similarly, Ellisbridge also records an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change, offering investors a clear view of the rental potential in the broader Ahmedabad South region.
