Ahmedabad
The real estate market in Pethapur is currently defined by an average asking price of ₹3,400 per sq ft, reflecting a stable yet competitive landscape for residential buyers. While broader regional trends show significant growth in nearby hubs, Pethapur maintains a steady valuation that appeals to those seeking accessible entry points into the Ahmedabad property market. Rental demand in the surrounding regions remains consistent at ₹50 per sq ft, providing a steady baseline for potential investors evaluating rental yields. The market landscape is increasingly influenced by surrounding developments that offer a range of price points.
As of June 2026, the average asking price in Pethapur stands at ₹3,400 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for residential apartments in this locality.
The micromarket rate in Pethapur has shown significant upward movement, rising from ₹5,950 per sq ft in March 2026 to ₹7,000 per sq ft as of June 2026. This trajectory suggests a strengthening demand for properties in the area over the second quarter of 2026.
Apartments in Pethapur are currently priced at an average of ₹3,400 per sq ft as of June 2026. This figure reflects a depreciation of 2.29% compared to the previous period, which may be attributed to a market correction or shifts in available inventory types.
Property rates vary significantly across the region surrounding Pethapur. As of June 2026, Gift City commands the highest average asking price at ₹10,950 per sq ft, having appreciated by 14.74%. Other notable areas include Shantigram at ₹7,750 per sq ft (up 7.3%), Kudasan at ₹4,750 per sq ft (up 4.9%), Koba at ₹4,500 per sq ft (depreciated by 2.45%), Zundal at ₹4,350 per sq ft (up 0.83%), and Nana Chiloda at ₹3,950 per sq ft (up 15.76%).
Rental rates in the vicinity of Pethapur are currently consistent at ₹50 per sq ft across several key hubs as of June 2026. While the rate is uniform, the growth trends differ: Chandkheda has seen an appreciation of 6.25%, while areas like Jagatpur have experienced a depreciation of 14.29%, and Near Nirma University on SG Highway has seen a more significant depreciation of 29.17%.
Investors looking at the broader Pethapur region should note that while many localities currently command a rental rate of ₹50 per sq ft as of June 2026, the market is experiencing varied performance. For instance, Zundal has seen a rental depreciation of 10.53%, whereas Chandkheda has shown resilience with a 6.25% appreciation, suggesting that rental income potential can be highly localized and dependent on specific neighbourhood demand.
