Shilaj has an average asking price of ₹6,050 per sq ft. This market displays a balanced growth trajectory, with prices moving from ₹5,900 to ₹6,050 per sq ft over the recent quarters. Investors are currently noticing a solid rental yield of 4.17%, supported by a consistent demand for residential apartments. The area continues to attract interest due to its strategic positioning and the presence of premium projects that maintain high value benchmarks.
Insights for Shilaj, Ahmedabad Real Estate Market Overview
The property market in Shilaj maintains a steady momentum with an average asking price of ₹6,050 per sq ft. Over the past few quarters, the location has seen a positive price adjustment, reflecting sustained demand from homebuyers. Renters find value in the area as well, with an average rental rate of ₹21 per sq ft and a healthy rental yield of 4.17%. The supply landscape is diverse, offering options ranging from new launches to ready-to-move projects that cater to various financial plans and timelines.
The market price has grown from ₹5,900 in late 2025 to ₹6,050 per sq ft by early 2026.
Mid-stage projects are currently experiencing a strong growth rate of 5.91% in asking prices.
3 BHK apartments are the primary rental product, commanding an average monthly rent of ₹32,500.
Rental yields remain competitive at 4.17%, making it an attractive destination for buy-to-let investors.
New launch projects are currently priced at an entry-level average of ₹4,850 per sq ft.
Market Strengths
Consistent quarterly price appreciation for residential properties from ₹5,900 to ₹6,050 per sq ft.
Strong rental yield of 4.17% supports the investment case for residential apartments.
Diverse project availability ranging from new launches to established ready-to-move developments.
Aaryan Aranyam project demonstrates strong demand with a 12.73% price growth.
3 BHK apartments provide a stable rental income base of ₹32,500 per month.
Market Challenges
New launch and under-construction segments have experienced price corrections of -14.45% and -10.69% respectively.
Ready-to-move property prices have seen a slight downward adjustment of -4.48%.
Villa segment prices have experienced a decline of -2.52% compared to previous cycles.
Investment Opportunities
Rental yield of 4.17% offers a reliable income stream for property owners in the residential segment.
Mid-stage projects show strong capital appreciation with a 5.91% increase in rates.
3 BHK apartments represent a high-demand rental unit with an average monthly return of ₹32,500.
Competitive entry pricing in new launch projects at ₹4,850 per sq ft allows for potential long-term value growth.
Top Localities in Shilaj, Ahmedabad
Hebatpur
Avg Price₹ 7,100 /Sq.Ft.
LISTINGS
8
Price Trend
Shilaj, Ahmedabad Property Price Trends and Appreciation
Shilaj has shown a consistent upward trend in property values over the last few quarters. The location rate climbed from ₹5,900 per sq ft in December 2025 to its current level of ₹6,050 per sq ft in March 2026, highlighting steady appreciation in the local market.
Shilaj stands at a competitive price point compared to neighboring localities in Ahmedabad. While premium areas like Bhadaj command as much as ₹14,500 per sq ft, Shilaj remains a more accessible entry point for residential buyers. It is priced significantly lower than Bodakdev at ₹9,300 per sq ft and Thaltej at ₹8,600 per sq ft, offering a balanced mix of affordability and location advantages.
Shilaj features a distinct divide between luxury and standard residential segments. Villas in the area represent the premium category, averaging ₹15,800 per sq ft, while apartments are more accessible at ₹6,050 per sq ft, which has seen a growth of 1.89%. This variety allows investors and homebuyers to choose between high-end independent living and modern apartment complexes.
The Shilaj market provides a spectrum of choices based on construction timelines. Ready to move projects, which include 6 units, are priced at ₹5,650 per sq ft, offering immediate occupancy for buyers. For those looking for future value, mid-stage projects are available at ₹6,050 per sq ft, while new launches provide a lower entry price point of ₹4,850 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Shilaj
Top Projectsin Shilaj
Godrej Altus is the top project in Shilaj with prices from ₹ 4.50 Cr to 7.00 Cr.
Premium developments in Shilaj continue to set high benchmarks for the local market. A Shridhar Kaveri Trisara leads the list at ₹6,550 per sq ft, closely followed by Aaryan Aranyam, which has seen a notable 12.73% increase to reach ₹6,500 per sq ft. Other prominent projects like Aashray Arise and Sharanya Altura contribute to the diverse range of high-quality residential options available to discerning buyers.
Project Name
Rate (₹/Sq.Ft)
Change %
Aashray Arise, Shilaj
22
-
A Shridhar Kaveri Sangam, Shilaj
21
-
Sharanya Altura, Shilaj
19
-
Krish Nisarg Dreams, Shilaj
18
20
Aaryan Aranyam, Shilaj
18
-
Shilp Serene, Shilaj
17
-15
Top projects such as Aashray Arise and A Shridhar Kaveri Sangam are key drivers in the rental market, with current rates of ₹22 and ₹21 per sq ft respectively. Projects like Krish Nisarg Dreams have shown significant rental growth, with a 20% increase to ₹18 per sq ft, indicating rising interest in these specific developments.
Rental Trends
Rental Trends and Average Rent in Shilaj, Ahmedabad
The rental market in Shilaj is primarily dominated by 3 BHK apartments. These units are highly sought after, with an average monthly rental value of ₹32,500. Rental rates across nearby areas remain relatively uniform, with many localities like Bopal, Ghuma, and South Bopal averaging ₹50 per sq ft. While some regions show fluctuations, the consistency in these rates reflects a stable rental demand across the micro-market. Apartments are the primary residential rental asset in Shilaj, maintaining an average rental rate of ₹50 per sq ft. This sector has seen a change of -16% in the recent period, reflecting current market adjustments. Top projects such as Aashray Arise and A Shridhar Kaveri Sangam are key drivers in the rental market, with current rates of ₹22 and ₹21 per sq ft respectively. Projects like Krish Nisarg Dreams have shown significant rental growth, with a 20% increase to ₹18 per sq ft, indicating rising interest in these specific developments.
The rental market in Shilaj is primarily dominated by 3 BHK apartments. These units are highly sought after, with an average monthly rental value of ₹32,500.
Rental rates across nearby areas remain relatively uniform, with many localities like Bopal, Ghuma, and South Bopal averaging ₹50 per sq ft. While some regions show fluctuations, the consistency in these rates reflects a stable rental demand across the micro-market.
Apartments are the primary residential rental asset in Shilaj, maintaining an average rental rate of ₹50 per sq ft. This sector has seen a change of -16% in the recent period, reflecting current market adjustments.
Frequently Asked Questions About Property Rates in Shilaj, Ahmedabad
What is the average asking price in Shilaj as of June 2026?
The average asking price in Shilaj is ₹6,050 per sq ft as of June 2026. This figure reflects an appreciation of 1.89% compared to the previous period, indicating a steady demand for residential apartments in this locality.
How have property prices in Shilaj trended over the last few quarters?
Property prices in Shilaj have shown a mixed trajectory, with the average asking price recorded at ₹6,050 per sq ft in March 2026, compared to ₹5,900 per sq ft in December 2025 and ₹6,150 per sq ft in September 2025. This fluctuation suggests a dynamic market where buyers and investors should monitor quarterly movements to time their entry effectively.
How do property rates in Shilaj compare between apartments and villas?
As of June 2026, apartments in Shilaj have an average asking price of ₹6,050 per sq ft, which has appreciated by 1.89% over the observed period. In contrast, villas are priced significantly higher at an average of ₹15,800 per sq ft, though this segment has seen a depreciation of 2.52% during the same timeframe, reflecting a correction in the premium villa market.
What is the difference in pricing based on project status in Shilaj?
Pricing in Shilaj varies by project status as of June 2026: Ready To Move properties are priced at ₹5,650 per sq ft (depreciated by 4.48%), while Mid Stage projects average ₹6,050 per sq ft (appreciated by 5.91%). Under Construction projects are currently at ₹5,000 per sq ft (depreciated by 10.69%), and New Launch projects are available at ₹4,850 per sq ft (depreciated by 14.45%). These variations highlight the risk-reward profile for buyers choosing between immediate occupancy and long-term development projects.
What is the average rental rate and rental yield in Shilaj?
The average rental rate in Shilaj is ₹21 per sq ft as of June 2026, which has seen a depreciation of 16% compared to the prior period. The current rental yield stands at 4.17%, providing investors with a clear metric to evaluate the income potential of their residential assets relative to the capital investment required.
What are the rental trends for different BHK configurations in Shilaj?
As of June 2026, the rental market in Shilaj for 3 BHK apartments is averaging ₹32,500 per month. This data point helps tenants and landlords understand the prevailing market value for larger family-sized units in the area, which remains a primary segment for residential leasing.
Which projects in Shilaj command the highest rental rates?
As of June 2026, the top projects by rental rates in Shilaj include Aashray Arise at ₹22 per sq ft, followed by A Shridhar Kaveri Sangam at ₹21 per sq ft, and Sharanya Altura at ₹19 per sq ft. Other notable projects include Krish Nisarg Dreams at ₹18 per sq ft (which appreciated by 20%), Aaryan Aranyam at ₹18 per sq ft, and Shilp Serene at ₹17 per sq ft (which depreciated by 15%).
How do rental rates in Shilaj compare to nearby localities?
Rental rates in Shilaj currently average ₹21 per sq ft, whereas many surrounding areas like Bopal, South Bopal, Thaltej, and Satellite command a higher average rental rate of ₹50 per sq ft as of June 2026. While Shilaj offers a distinct price point, investors should note that localities like Shela have seen a rental appreciation of 9.52%, and Satellite has seen an increase of 14.29%, indicating varying demand levels across these micro-markets.
What are the most expensive residential projects in Shilaj by listing rate?
As of June 2026, the projects with the highest listing rates in Shilaj include A Shridhar Kaveri Trisara at ₹6,550 per sq ft, Aaryan Aranyam at ₹6,500 per sq ft (appreciated by 12.73%), and A Shridhar Kaveri Sangam at ₹6,450 per sq ft (depreciated by 16.99%). These projects represent the premium segment of the local market, and their listing rates reflect their specific positioning and amenities.
How should a buyer interpret the property rates data provided for Shilaj?
Buyers should use the property rates data for Shilaj to benchmark current asking prices against historical trends and project statuses. By observing that the average asking price is ₹6,050 per sq ft as of June 2026 and noting the depreciation in Under Construction and New Launch segments, buyers can identify potential opportunities to negotiate or find better value in projects that align with their budget and timeline.
