Ahmedabad
Pethapur presents an accessible entry point for residential buyers in Ahmedabad with an average rate of ₹3,400 per sq ft. The market has seen a marginal shift in property values, reflecting a period of price consolidation. Rental demand across surrounding corridors remains steady, with many nearby locations maintaining a rental rate of ₹50 per sq ft. Investors and homebuyers are evaluating these trends to balance immediate affordability with long-term growth potential in the region.
The average asking price in Pethapur is ₹3,400 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a balanced market environment for residential apartments in the locality.
Property prices in the Pethapur micromarket have shown a notable upward trajectory, reaching ₹7,000 per sq ft in June 2026 compared to ₹5,950 per sq ft in March 2026. This reflects a period of increasing demand and price growth in the area, following a relatively stable phase between December 2025 and March 2026.
Property rates in Pethapur, at ₹3,400 per sq ft, are generally more accessible compared to premium hubs like Gift City, which commands an average rate of ₹10,950 per sq ft as of June 2026, having appreciated by 14.74% over the relevant period. Other nearby areas show varied performance; for instance, Nana Chiloda has seen significant growth with a 15.76% appreciation to reach ₹3,950 per sq ft, while Koba has experienced a 2.45% depreciation, bringing its average rate to ₹4,500 per sq ft.
Apartments in Pethapur are currently priced at an average of ₹3,400 per sq ft as of June 2026. This segment has seen a minor price correction, with rates depreciating by 2.29% compared to the previous period, which may offer a more competitive entry point for prospective homebuyers.
Rental rates across neighbourhoods near Pethapur are currently uniform at ₹50 per sq ft, though they show different growth trajectories. For example, Chandkheda has seen rental rates appreciate by 6.25%, whereas areas like Jagatpur and Near Nirma University On Sg Highway have faced depreciation of 14.29% and 29.17% respectively, as of June 2026. This variation suggests that while the base rental rate is consistent, market demand and supply dynamics are influencing growth differently across these locations.
Investors should note that while the average rental rate in surrounding areas like Gota and Near Vaishno Devi Circle On Sg Highway remains stable at ₹50 per sq ft with 0% change, other areas are experiencing volatility. For instance, Zundal has seen a 10.53% depreciation in rental rates as of June 2026. Understanding these localized fluctuations is essential for assessing potential rental income stability when evaluating properties in the broader region.
