Satellite has an average asking price of ₹8,150 per sq ft. This prominent area in Ahmedabad maintains a steady market presence with a rental yield of 3.53%. Investors often look toward the diverse range of apartments and villas here, which cater to both residential and commercial needs. With a consistent average rental rate of ₹24 per sq ft, the location continues to be a preferred choice for those seeking balanced real estate value.
Insights for Satellite, Ahmedabad Real Estate Market Overview
The real estate market in Satellite presents a stable environment for buyers and investors, characterized by a mix of established residential apartments and high-value commercial assets. While property prices have seen adjustments, the area remains a key hub in Ahmedabad, supported by a healthy rental yield and consistent demand across various unit sizes. Development activity ranges from ready-to-move projects to premium new launches, offering options for diverse occupancy timelines. Rental demand is robust, with a clear preference for larger BHK configurations among residential tenants.
The average rental yield in Satellite stands at 3.53%, reflecting a stable income-generating potential for property owners.
Apartments in the area are priced at an average of ₹8,550 per sq ft, showing a positive growth of 4.57%.
Ready-to-move projects currently command an average rate of ₹6,850 per sq ft, providing immediate housing solutions for buyers.
Rental rates for 4 BHK apartments reach up to ₹55,350 per month, indicating strong demand for spacious premium living.
Under-construction properties have experienced a notable price increase of 25.17%, currently averaging ₹9,150 per sq ft.
Market Strengths
The area maintains a robust rental yield of 3.53%, making it an attractive destination for buy-to-let investors.
Villas are commanding a high valuation of ₹14,750 per sq ft, underscoring the strong luxury appeal of the region.
Apartment prices have grown by 4.57%, demonstrating sustained buyer confidence in the residential sector.
New launches and mid-stage projects remain accessible at ₹6,700 per sq ft, inviting entry-level investment.
The rental market is supported by diverse options, ranging from studio apartments at ₹15,150 per month to large 4 BHK units.
Strong rental growth in Jivraj Park at 115.38% highlights the surrounding area's increasing popularity for tenants.
Market Challenges
Ready-to-move projects have experienced a price decline of -4.39%, indicating a competitive landscape for existing inventory.
Prahlad Nagar, a nearby location, has seen a price correction of -3.95%, which may impact surrounding micro-market sentiment.
Villa rental rates have seen a decrease of -13.64%, reflecting a potential shift in luxury rental preferences.
Ambawadi prices have adjusted by -3.23%, suggesting a cooling period for that specific sub-market.
Office space asking rates have faced a slight decline of -2.78%, reflecting broader market shifts in commercial demand.
Investment Opportunities
The 3.53% rental yield provides a solid foundation for investors focusing on long-term income stability.
Under-construction projects have seen a 25.17% price increase, suggesting strong capital appreciation potential for early-stage investors.
4 BHK apartments generate a monthly rental income of ₹55,350, appealing to high-end rental market segments.
Apartment properties have shown a 4.57% growth rate, confirming consistent demand for residential units in the locality.
Partially ready-to-move projects are currently priced at ₹9,700 per sq ft, offering a balance between premium quality and shorter wait times.
Top Localities in Satellite, Ahmedabad
Jivraj Park
Avg Price₹ 5,150 /Sq.Ft.
Avg Rent₹ 13 /Sq.Ft.
YIELD
+ 3.03
LISTINGS
9
Nehru Nagar
Avg Price₹ 7,850 /Sq.Ft.
Avg Rent₹ 68 /Sq.Ft.
YIELD
+ 10.39
LISTINGS
5
Panjrapole
Avg Price₹ 9,100 /Sq.Ft.
LISTINGS
4
Price Trend
Satellite, Ahmedabad Property Price Trends and Appreciation
Property rates in Satellite have shown dynamic movement over the recent quarters, moving from ₹8,050 per sq ft in September 2025 to ₹8,400 per sq ft by the end of that year. The market then adjusted to ₹8,150 per sq ft in March 2026. Most recently, rates climbed to ₹8,550 per sq ft in June 2026, highlighting a resilient upward trajectory.
Satellite serves as a central hub with rates averaging ₹8,150 per sq ft, positioning it competitively against neighboring localities. Nearby Vastrapur commands a premium at ₹8,650 per sq ft, while Jodhpur follows closely at ₹8,050 per sq ft. Shyamal offers commercial office spaces at ₹7,900 per sq ft. In contrast, residential options in Vejalpur and Juhapura are more accessible, averaging ₹5,050 per sq ft and ₹5,100 per sq ft respectively.
Satellite’s real estate market caters to diverse buyer preferences across property categories. Apartments lead the residential segment at ₹8,550 per sq ft, reflecting a healthy growth of 4.57%. Villas represent the premium end of the market, priced at ₹14,750 per sq ft with a significant increase of 12.83%. Commercial office spaces are currently available at ₹8,550 per sq ft, rounding out a market that balances luxury living with functional workspace needs.
The Satellite market offers properties across various development stages catering to different buyer timelines. Ready-to-move projects, comprising 22 units, average ₹6,850 per sq ft, appealing to those seeking immediate possession. Under-construction inventory is priced at ₹9,150 per sq ft, having surged by 25.17%, while new launches and mid-stage projects provide entry-level opportunities at approximately ₹6,700 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Satellite
Top Projectsin Satellite
Arvind Imperia is the top project in Satellite with prices from ₹ 3.11 Cr to 4.30 Cr.
Premium residential developments in Satellite set high-value benchmarks for the area. Ratnakar Atelier leads the segment with an asking price of ₹10,850 per sq ft. Addor Cloud 9 follows at ₹9,700 per sq ft, showing a positive change of 7.95%. Additionally, Excellife Vivekanand Arise is priced at ₹9,150 per sq ft, reflecting a substantial increase of 25.17% in its market valuation.
Top projects in Satellite, including Excellife Vivekanand Arise and Saffron Binory Residency, offer rental rates ranging from ₹21 to ₹30 per sq ft. Excellife Vivekanand Arise stands out with a rental rate of ₹30 per sq ft, while Titanium City Centre is positioned at ₹21 per sq ft. These projects provide diverse rental options for those looking to reside in well-established developments.
Rental Trends
Rental Trends and Average Rent in Satellite, Ahmedabad
Rental demand in Satellite is diverse, with studio apartments averaging ₹15,150 per month. Spacious 3 BHK and 4 BHK apartments command significant monthly rents of ₹50,300 and ₹55,350 respectively. Meanwhile, 1 BHK and 2 BHK units remain consistent options for tenants, priced at ₹17,500 and ₹24,800 per month. Rental rates across Satellite and its surroundings are highly competitive, with most areas hovering around ₹50 per sq ft. Notably, Jivraj Park has seen a massive rental growth of 115.38%, while Vejalpur also experienced a significant increase of 59.09%. Other localities like Jodhpur and Ramdevnagar have seen steady rental growth of 4.35%. The rental market for property types in Satellite is dominated by a consistent rate of ₹50 per sq ft across apartments and villas. Office spaces have seen a modest rental growth of 1.82%, maintaining their position as a stable commercial asset class. Villas have faced a rental adjustment of -13.64%, while apartment rents have remained stable. Top projects in Satellite, including Excellife Vivekanand Arise and Saffron Binory Residency, offer rental rates ranging from ₹21 to ₹30 per sq ft. Excellife Vivekanand Arise stands out with a rental rate of ₹30 per sq ft, while Titanium City Centre is positioned at ₹21 per sq ft. These projects provide diverse rental options for those looking to reside in well-established developments.
Rental demand in Satellite is diverse, with studio apartments averaging ₹15,150 per month. Spacious 3 BHK and 4 BHK apartments command significant monthly rents of ₹50,300 and ₹55,350 respectively. Meanwhile, 1 BHK and 2 BHK units remain consistent options for tenants, priced at ₹17,500 and ₹24,800 per month.
Rental rates across Satellite and its surroundings are highly competitive, with most areas hovering around ₹50 per sq ft. Notably, Jivraj Park has seen a massive rental growth of 115.38%, while Vejalpur also experienced a significant increase of 59.09%. Other localities like Jodhpur and Ramdevnagar have seen steady rental growth of 4.35%.
The rental market for property types in Satellite is dominated by a consistent rate of ₹50 per sq ft across apartments and villas. Office spaces have seen a modest rental growth of 1.82%, maintaining their position as a stable commercial asset class. Villas have faced a rental adjustment of -13.64%, while apartment rents have remained stable.
Frequently Asked Questions About Property Rates in Satellite, Ahmedabad
What is the current average asking price in Satellite, Ahmedabad?
As of June 2026, the average asking price in Satellite is ₹8,150 per sq ft. This figure reflects a depreciation of 2.69% when compared to previous market data, indicating a period of price adjustment in this residential locality.
How have property prices in Satellite trended over the last few quarters?
Property prices in Satellite have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate stands at ₹8,550 per sq ft, rising from ₹8,150 per sq ft in March 2026, ₹8,400 per sq ft in December 2025, and ₹8,050 per sq ft in September 2025. This volatility suggests that while demand remains active, the market is navigating through varying supply and buyer sentiment phases.
How do property rates in Satellite compare to nearby neighbourhoods?
Property rates in Satellite, currently at ₹8,150 per sq ft, sit in the mid-to-high range compared to surrounding areas. For instance, Vastrapur commands a higher average of ₹8,650 per sq ft (which appreciated by 3.66%), while areas like Vejalpur and Juhapura offer more accessible entry points at ₹5,050 per sq ft (appreciated by 2.55%) and ₹5,100 per sq ft (appreciated by 0.26%), respectively, as of June 2026.
What is the price difference between ready-to-move and under-construction properties in Satellite?
As of June 2026, under-construction properties in Satellite command a premium, with an average price of ₹9,150 per sq ft, reflecting a significant appreciation of 25.17% compared to previous periods. In contrast, ready-to-move properties are priced at an average of ₹6,850 per sq ft, which has seen a depreciation of 4.39% over the same timeframe, suggesting that buyers are currently paying a premium for newer, modern developments.
What are the rental rates for different BHK configurations in Satellite?
Rental rates in Satellite vary significantly by unit size, catering to a diverse tenant profile as of June 2026. Studio apartments average ₹15,150 per month, while 1 BHK units average ₹17,500 per month. Larger configurations command higher premiums, with 2 BHK units averaging ₹24,800 per month, 3 BHK units at ₹50,300 per month, and 4 BHK units reaching ₹55,350 per month.
What is the average rental yield in Satellite and what does it signal for investors?
The average rental yield in Satellite is 3.53% as of June 2026, with an overall average rental rate of ₹24 per sq ft. This rental rate has shown an appreciation of 14.29% compared to previous periods. For investors, a yield of 3.53% provides a baseline for evaluating the income-generating potential of a property relative to its capital purchase price, indicating a stable rental market.
Which projects in Satellite are currently commanding the highest rental rates?
As of June 2026, top projects by rental rates in Satellite include Excellife Vivekanand Arise at ₹30 per sq ft, Saffron Binory Residency at ₹27 per sq ft, and Agrawal Apartment at ₹26 per sq ft. These projects maintain stable rental values with a 0% change percentage, reflecting consistent demand for established residential complexes in the area.
How do property type prices vary in Satellite?
Property prices in Satellite are segmented by type, with villas commanding the highest value at ₹14,750 per sq ft as of June 2026, showing a strong appreciation of 12.83%. Apartments and office spaces are both priced at an average of ₹8,550 per sq ft, though they have seen different trends: apartments appreciated by 4.57%, while office spaces saw a depreciation of 2.78% over the same period.
What are some of the most prominent residential projects in Satellite by listing rate?
Prominent projects in Satellite include Ratnakar Atelier, which leads with a listing rate of ₹10,850 per sq ft as of June 2026, despite a depreciation of 5.62%. Other notable projects include Addor Cloud 9 at ₹9,700 per sq ft (appreciating by 7.95%) and Excellife Vivekanand Arise at ₹9,150 per sq ft (appreciating by 25.17%), highlighting the range of premium options available to buyers.
How should a buyer interpret the price trends in Satellite for investment purposes?
A buyer should interpret the current market in Satellite by balancing the overall average asking price of ₹8,150 per sq ft against the specific performance of property types and statuses. While the general market saw a depreciation of 2.69% as of June 2026, specific segments like under-construction projects have seen substantial growth, suggesting that investors should focus on high-growth segments rather than just the area-wide average.
