Property Rates in Shyamal, Ahmedabad 2026

Property prices in Shyamal have shown a consistent upward trajectory throughout the recent quarters. As of June 2026, the location rate reached ₹8,600 per sq ft, rising from ₹7,900 per sq ft in March 2026, ₹7,350 per sq ft in December 2025, and ₹7,150 per sq ft in September 2025. This steady quarter-over-quarter growth signals a strengthening market, making it an area of interest for those tracking capital appreciation.

Property prices in Shyamal vary significantly when compared to surrounding neighbourhoods in Ahmedabad. As of June 2026, Vastrapur commands a higher average rate of ₹8,650 per sq ft, which appreciated by 3.66%, while Satellite and Prahlad Nagar are priced at ₹8,150 per sq ft and ₹8,100 per sq ft respectively, both having seen a depreciation of 2.69% and 3.95% over the observed period. Meanwhile, more affordable options are available in areas like Vejalpur at ₹5,050 per sq ft, which appreciated by 2.55%, and Juhapura at ₹5,100 per sq ft, which saw a marginal appreciation of 0.26%.

As of June 2026, the average asking price for villas in Shyamal is ₹14,900 per sq ft, which has depreciated by 1.19% compared to the previous period. Office spaces are currently priced at an average of ₹8,600 per sq ft, showing a robust appreciation of 8.5%. Conversely, apartments in the area are available at an average of ₹6,350 per sq ft, which has experienced a depreciation of 17.92% over the same timeframe.

As of June 2026, ready-to-move properties in Shyamal are available at an average price of ₹5,650 per sq ft. This segment has seen a depreciation of 2.06% compared to the previous period. This price point represents the current market valuation for immediate possession inventory, providing a benchmark for end-users looking to move in without waiting for construction timelines.

As of June 2026, the average rental rate in Shyamal is ₹55 per sq ft, which has depreciated by 3.51% compared to the previous period. The locality currently offers a rental yield of 8.35%, which is a significant indicator for investors evaluating the income-generating potential of their assets. A yield of this level suggests that Shyamal remains a competitive market for landlords seeking to balance rental income with capital value.

Rental rates in Shyamal are tiered based on unit size to cater to different tenant profiles. As of June 2026, a 2 BHK apartment typically commands an average rent of ₹27,000 per month, while a 3 BHK apartment is available at an average rent of ₹32,400 per month. These figures provide a clear baseline for tenants and investors to understand the monthly cash flow expectations for residential apartments in the locality.

Rental rates across Ahmedabad show varied performance as of June 2026. While Shyamal maintains an average of ₹55 per sq ft, other areas like Satellite, Jodhpur, Vasna, Prahlad Nagar, and Ambawadi all hover around ₹50 per sq ft. Notably, Jivraj Park has seen a significant rental appreciation of 115.38%, and Vejalpur has seen a 59.09% increase, whereas Vastrapur has experienced a rental depreciation of 11.11% over the same period.

Deep Indraprasth Greens is a notable project in Shyamal, with current listing rates at ₹5,650 per sq ft as of June 2026. This project has experienced a depreciation of 2.06% compared to the previous period. It serves as a key reference point for buyers looking for residential options in the Ahmedabad central region.

Investors should look at the interplay between the 8.35% rental yield and the current average sale price of ₹7,900 per sq ft as of June 2026 to gauge long-term viability. While the 7.78% appreciation in sale prices indicates strong capital growth, the rental market's 3.51% depreciation suggests that investors should carefully analyze the specific property type—such as the 8.5% appreciation in office space rates—before committing capital. Monitoring these trends helps in identifying whether the market is currently favoring capital gains or rental income.