Squareyards Logo
DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Shyamal, Ahmedabad

Comprehensive Market Snapshot

The Shyamal real estate market in Ahmedabad currently presents a dynamic landscape, with asking prices averaging ₹6,361 per sq ft. Recent quarterly trends reveal a notable price correction, as the average rate in Shyamal decreased from ₹7,750 per sq ft in September 2025 to its current level. The market features a diverse mix of property types, including apartments at ₹6,361 per sq ft, office spaces commanding ₹7,517 per sq ft, and villas at a premium of ₹14,894 per sq ft, with a key ready-to-move project, Deep Indraprasth Greens, available at ₹5,776 per sq ft.

  • Asking Sale Price₹ 6,361/sq.ft

Insights for Shyamal, Ahmedabad Real Estate Market

Shyamal, a prominent locality in Ahmedabad, exhibits a fluctuating yet promising real estate market. The current asking price stands at ₹6,361 per sq ft, reflecting a significant adjustment from the ₹7,750 per sq ft recorded in September 2025, following a rise from ₹7,044 per sq ft in June 2025. This volatility suggests a market undergoing price discovery, where opportunities may arise for astute buyers. While Shyamal's average rate is currently below the broader micromarket average of ₹7,117 per sq ft, it remains competitively positioned against neighboring areas; for instance, it is more affordable than Panjrapole (₹9,090 per sq ft) and Prahlad Nagar (₹8,361 per sq ft), yet higher than Vasna (₹6,260 per sq ft) and Jivraj Park (₹5,155 per sq ft). The market offers varied housing options, with apartments experiencing a considerable price decline of -17.92%, potentially creating a buyer's market. In contrast, office spaces have seen a modest appreciation of 2.38%, indicating steady commercial demand, while villas, though premium, recorded a slight dip of -1.19%. The presence of a ready-to-move option, Deep Indraprasth Greens, at a significantly reduced rate of ₹5,776 per sq ft following a -41.83% change, highlights an immediate opportunity for those seeking quick occupancy. The absence of official registration and rental data, however, limits a comprehensive understanding of transaction volumes and yield potential, posing a challenge for investors seeking full market transparency.

Market Strengths Market Strengths
  • Shyamal holds a strategic location within Ahmedabad, often appealing to residents seeking well-connected areas.
  • The market offers a diverse range of property types, including apartments, office spaces, and premium villas, catering to varied preferences.
  • The presence of villas indicates a segment of the market that attracts high-net-worth individuals and offers luxury living options.
  • Office space prices have shown positive growth, reflecting a healthy commercial environment and demand for business infrastructure.
  • The availability of ready-to-move properties, even with price adjustments, provides immediate occupancy options for buyers.
  • Shyamal is situated near localities like Panjrapole and Prahlad Nagar that have demonstrated strong price appreciation, suggesting positive regional market dynamics.
Market Challenges Market Challenges
  • The market exhibits significant price volatility, particularly in the apartment segment and for ready-to-move properties, which could pose risks for short-term investors.
  • The absence of official government registration data makes it challenging to assess actual transaction volumes and market liquidity transparently.
  • A lack of average rental rate information limits the ability for investors to accurately calculate potential rental yields and returns.
  • The data presents a limited number of active projects and developers, which might indicate a less diverse or slower-moving development landscape.
  • While some neighboring areas are more affordable, others are significantly more expensive, potentially creating a localized pricing pressure point for Shyamal.
Investment Opportunities Investment Opportunities
  • Office spaces in Shyamal have shown positive appreciation, suggesting stable commercial demand and potential for capital gains.
  • The significant -17.92% price correction in apartments could offer an attractive entry point for investors seeking value in the residential segment.
  • Villas, despite a slight recent dip, represent a premium segment with potential for long-term appreciation due to their inherent luxury and limited supply.
  • The ready-to-move project, Deep Indraprasth Greens, at a notably reduced rate of ₹5,776 per sq ft, provides an immediate opportunity for buyers seeking quick possession at a potentially undervalued price.
  • Proximity to higher-performing localities like Panjrapole and Prahlad Nagar, which have seen significant growth, suggests a potential ripple effect for Shyamal's property values over time.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Shyamal, Ahmedabad

Asking Price Trends

The asking price trends in Shyamal have shown considerable movement over recent quarters. After reaching a peak of ₹7,750 per sq ft in September 2025, following an increase from ₹7,044 per sq ft in June 2025, the locality's average rate has adjusted to ₹6,361 per sq ft by December 2025. This recent dip indicates a market recalibration, placing Shyamal's current average below the broader micromarket rate of ₹7,117 per sq ft.

Quarter City Rate
Dec 2025 6361
Sep 2025 7750
Jun 2025 7044
Mar 2025 0
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Price Trends by Property Type

Shyamal's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment at ₹14,894 per sq ft, despite a slight decline of -1.19%. Commercial office spaces demonstrate stable demand, averaging ₹7,517 per sq ft with a positive change of 2.38%. Residential apartments are currently priced at ₹6,361 per sq ft, having experienced a significant -17.92% correction, which could present an attractive entry point for buyers.

Type Rate (₹/sq.ft) Change %
Office Space 7,517 2.38
Villa 14,894 -1.19
Apartment 6,361 -17.92
Price Trends by Project Status

The Shyamal market predominantly features ready-to-move properties, catering to buyers seeking immediate occupancy. A key ready-to-move project, representing the sole available data point, averages ₹5,776 per sq ft. This segment has witnessed a substantial price adjustment of -41.83%, indicating a potential opportunity for buyers to acquire properties at a more favorable rate.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 5,776 -41.83
Price Trends by Localities

Comparing Shyamal's current average asking price of ₹6,361 per sq ft to its neighbors reveals a varied landscape. Premium localities like Panjrapole and Prahlad Nagar command significantly higher rates, at ₹9,090 per sq ft and ₹8,361 per sq ft respectively, with Panjrapole notably appreciating by 16.55%. Satellite and Nehru Nagar also stand above Shyamal, averaging around ₹8,076 per sq ft and ₹7,871 per sq ft. Meanwhile, Vasna offers a comparable, slightly lower rate at ₹6,260 per sq ft, having experienced a substantial 23.13% increase, while areas like Jivraj Park and Vejalpur present more affordable options, hovering around ₹5,155 per sq ft and ₹5,007 per sq ft.

Location Rate (₹/sq.ft) Change %
Satellite 8,076 0.2
Nehru Nagar 7,871 -
Vasna 6,260 23.1
Jivraj Park 5,155 -
Jodhpur 7,808 -2.4
Vejalpur 5,007 1.2
Juhapura 5,071 3.4
Panjrapole 9,090 16.6
Prahlad Nagar 8,361 2.9
Ambawadi 7,294 -4.6

Project and Developer Insights

Top Projects by Listing Rates

In Shyamal, the residential project Deep Indraprasth Greens stands out among the listed developments. This project commands an asking price of ₹5,776 per sq ft, though it has seen a significant price adjustment of -41.83%. Its presence highlights a key offering for buyers looking for properties in the locality.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Deep Indraprasth Greens 5,776 -41.8
Top Developers in Shyamal
Sun Builders leads in Shyamal with 36 projects and years of experience.
DLF
Sun Builders ₹ 18.9 L - ₹ 9.90 Cr
  • 36 Projects
DLF
Deep Group ₹ 36.6 L - ₹ 3.36 Cr
  • 21 Projects
DLF
Shafalya
  • 4 Projects
Country/City