Ahmedabad
Pethapur serves as a competitive residential pocket within the Ahmedabad real estate landscape, characterized by an average asking price of ₹3,400 per sq ft for apartments. The market dynamics are heavily influenced by the performance of nearby high-growth corridors like Kudasan and Gift City, which provide a broader context for property value appreciation in the region. Rental demand remains consistent across the surrounding micro-markets, supported by steady pricing at ₹50 per sq ft in hubs like Zundal and Jagatpur.
As of Sep 2026, the average asking price in Pethapur is ₹3,400 per sq ft. This rate has remained stable with a 0% change compared to the previous period, indicating a balanced market environment for residential apartments in this locality.
Property price trends in Pethapur have shown a positive trajectory over the last year, with the micromarket rate rising from ₹5,900 per sq ft in Dec 2025 to ₹6,950 per sq ft as of Sep 2026. This upward movement across the first three quarters of 2026 suggests growing demand and increased valuation for properties within the broader micromarket.
Property rates in Pethapur, currently at ₹3,400 per sq ft, are positioned lower than several surrounding areas. For instance, Kudasan commands a higher average rate of ₹17,100 per sq ft, which has appreciated by 24.87% over the observed period. Other nearby areas include Shantigram at ₹7,600 per sq ft (up 0.49%), Gift City at ₹11,300 per sq ft (depreciated by 0.08%), and Zundal at ₹4,550 per sq ft (up 5.86%), providing a diverse range of price points for potential investors.
As of Sep 2026, the average price for apartments in Pethapur is ₹3,400 per sq ft. This represents a depreciation of 2.29% compared to the previous period, reflecting a minor market correction in the apartment segment.
Rental rates in the vicinity of Pethapur are currently consistent at ₹50 per sq ft across several key areas, though growth patterns differ significantly. While Zundal and Chandkheda have seen rental rates remain stable with 0% change, other areas have experienced notable appreciation: Jagatpur has seen rents appreciate by 21.05%, Near Nirma University on SG Highway by 18.75%, and Near Vaishno Devi Circle on SG Highway by 7.69% over the observed period.
Investors evaluating rental opportunities near Pethapur should note that while the average rental rate is consistent at ₹50 per sq ft across major nearby hubs like Jagatpur and Chandkheda, the appreciation rates vary significantly. The sharp 21.05% appreciation in Jagatpur and 18.75% in the area near Nirma University suggests these locations are currently seeing higher rental demand compared to more stable markets like Zundal or Chandkheda, where rental rates have held flat.
You can use the data provided here to benchmark property values and identify growth trends by comparing the current average asking price of ₹3,400 per sq ft in Pethapur against surrounding localities like Kudasan or Zundal. By analyzing the quarterly price trends and rental appreciation percentages, you can determine whether a specific area is experiencing capital appreciation or rental growth, helping you align your purchase or rental decision with your financial goals.
