Ahmedabad
The property market in Pethapur is currently defined by an average rate of ₹3,400 per sq ft, reflecting a nuanced adjustment in recent months. While neighbouring areas like Gift City and Shantigram command higher premiums, Pethapur maintains its appeal as a viable residential choice. Rental activity across nearby corridors remains steady, with many locations averaging ₹50 per sq ft. These trends suggest a stable, value-oriented market for prospective residents.
The average asking price in Pethapur is ₹3,400 per sq ft as of March 2026. This rate has remained stable with no change recorded over the relevant comparison period. For prospective buyers, this price point reflects the current market valuation for residential apartments in the locality, serving as a baseline for evaluating property investments in this area.
Property prices in Pethapur have shown a fluctuating trajectory throughout 2025 and early 2026. While the average asking price stands at ₹3,400 per sq ft as of March 2026, historical data indicates that the locality saw rates at ₹3,500 per sq ft in June 2025 and ₹3,400 per sq ft in September 2025. This movement suggests a period of price adjustment, and investors should monitor these quarterly shifts to understand the long-term capital appreciation potential of the area.
The average asking price in Pethapur of ₹3,400 per sq ft is generally more accessible compared to several prominent neighbouring areas. For context, as of March 2026, Gift City commands a significantly higher average rate of ₹10,950 per sq ft, having appreciated by 14.74% compared to previous periods. Other nearby locations include Shantigram at ₹7,550 per sq ft (up 7.3%), Kudasan at ₹4,750 per sq ft (up 4.9%), and Zundal at ₹4,350 per sq ft (up 0.83%). Conversely, Koba has seen a depreciation of 2.45%, bringing its average rate to ₹4,500 per sq ft.
As of March 2026, the average price for apartments in Pethapur is ₹3,400 per sq ft. This sector has experienced a depreciation of 2.29% compared to the previous period. This downward movement in apartment pricing indicates a market correction, which may offer a more favorable entry point for end-users looking to purchase residential property in the locality.
Rental rates in the broader region surrounding Pethapur are currently consistent at ₹50 per sq ft across several key hubs. As of March 2026, areas such as Zundal, Chandkheda, Gota, and locations near Vaishno Devi Circle and Nirma University on SG Highway all report an average rental rate of ₹50 per sq ft, with no change recorded in these markets. This uniformity in rental pricing suggests a stable demand profile for residential rentals across these well-connected neighbourhoods.
Yes, while many surrounding localities maintain stable rental rates, some areas have experienced a depreciation in rental values as of March 2026. Specifically, Nava Vadaj has seen rental rates depreciate by 8.7% to reach ₹50 per sq ft, while Jagatpur has seen a depreciation of 4.55%, also settling at ₹50 per sq ft. These adjustments indicate a softening in rental demand or an increase in available inventory in these specific pockets, which potential tenants can leverage for better negotiation.
