SP Ring Road Property Rates — ₹6,300/sq ft, +22.07%

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Property rates in SP Ring Road average ₹6,300 per sq ft. This area has seen significant growth in recent quarters, reflecting its status as a prime corridor for residential development in Ahmedabad. The market is supported by a variety of project statuses, including premium partially ready-to-move options and established residential clusters. Investors and homebuyers are increasingly drawn to this locality for its connectivity and the range of housing projects currently available.

Insights

Insights for SP Ring Road, Ahmedabad Real Estate Market Overview

The SP Ring Road real estate market exhibits a dynamic growth trajectory, with recent pricing trends showing a steady upward movement for residential apartments. Beyond the general appreciation, the region benefits from a diverse supply of housing, ranging from newly launched projects to fully established residential communities. Rental activity remains focused on specific plots, providing an alternative investment avenue for those looking beyond traditional apartment ownership. The developer landscape continues to attract interest as major residential projects set new benchmarks for quality and design in Ahmedabad.

Apartment prices now average ₹6,300 per sq ft, indicating a strong 22.07% growth for this property type.
Partially ready-to-move projects are commanding a premium, with rates reaching ₹6,400 per sq ft and a notable 26.78% increase.
New Maninagar has emerged as a high-growth nearby locality, recording a 7.19% increase in property rates.
Rental rates for plots currently average ₹50 per sq ft, catering to specific land-based investment requirements.
Top-tier projects like Avirat Silver Brook and Vivaan Infinity show significant price appreciation, reflecting robust buyer demand.

Market Strengths

Strong apartment price appreciation of 22.07% indicates high buyer interest.
Partially ready-to-move projects command a premium price of ₹6,400 per sq ft.
New Maninagar demonstrates consistent growth with a 7.19% increase.
Diverse project status options allow buyers to choose between immediate move-in and under-construction value.
High-end projects like Shubham Residency maintain premium pricing at ₹9,150 per sq ft.

Market Challenges

Villas have experienced a price correction of -7.71%, signaling a cooling in this specific segment.
New launch projects have seen a -6.1% change in rates, reflecting broader market adjustments.
Several established localities like Vastral and Odhav have recorded price declines of -3.09% and -2.88% respectively.
Rental rates for plots have faced a decline of -18.18%.

Investment Opportunities

Capitalize on the 22.07% price growth observed in the apartment segment.
Target partially ready-to-move projects which have shown a 26.78% value increase.
Consider emerging residential areas like New Maninagar, which recorded a 7.19% price appreciation.
Explore plot investments, which currently maintain a rental rate of ₹50 per sq ft.

Price Trend

SP Ring Road, Ahmedabad Property Price Trends and Appreciation

Property rates in SP Ring Road have demonstrated a clear upward trend, moving from ₹5,200 per sq ft in late 2025 to reach ₹6,300 per sq ft by June 2026. This consistent increase underscores the rising demand for residential space along this crucial corridor. The trajectory highlights a market that is steadily gaining value as infrastructure and connectivity continue to improve.

Asking Price Trends

₹ 6,300/Sq.Ft + 22.07 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	6300
Mar 2026	5200
Dec 2025	5200
Sep 2025	5350

About Asking Price Trends

SP Ring Road Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Nava Naroda	3,800	1.4
Naroda	3,800	-0.3
Kathwada	4,050	4.9
Nikol	4,100	1.3
Nana Chiloda	3,850	-2.6
Odhav	3,400	-2.9
Vastral	3,700	-3.1
Motera	5,350	-4
Motera	5,350	-4
New Maninagar	4,950	7.2

Residential property rates across the region show distinct variations, with New Maninagar standing out at ₹4,950 per sq ft following a 7.19% growth. Meanwhile, Kathwada and Nikol offer more accessible entry points at ₹4,050 and ₹4,100 per sq ft respectively, both showing positive momentum. Other areas like Nava Naroda remain stable at ₹3,800 per sq ft, providing varied options for buyers seeking different price brackets within the city's expanding footprint.

Type	Rate (₹/Sq.Ft)	Change %
Villa	5,850	-7.7
Apartment	6,300	22.1

Residential apartments in SP Ring Road lead the market at an average of ₹6,300 per sq ft, experiencing a robust 22.07% price increase. Villas are also a significant segment, currently priced at ₹5,850 per sq ft, reflecting a correction of -7.71% that offers potential value for premium buyers.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	8	5,656	2.3
Under Construction	2	4,850	1.5
New Launch	2	4,950	-6.1

The SP Ring Road market offers a balanced supply, with partially ready-to-move projects leading at ₹6,400 per sq ft after a 26.78% surge. Ready-to-move inventory is available at an average of ₹5,550 per sq ft, while new launches and under-construction projects provide competitive entry points at ₹4,950 and ₹4,850 per sq ft, respectively.

Project & Developer Insights

Top Residential Projects and Developers in SP Ring Road

Adani Archway ₹ 1.24 Cr - ₹ 1.62 Cr

Ahmedabad North, Ahmedabad

Arvind Imperia ₹ 3.11 Cr - ₹ 4.3 Cr

Ahmedabad East, Ahmedabad

Godrej Altus ₹ 4.5 Cr - ₹ 7 Cr

SG Highway, Ahmedabad

Adani Medico House Price On Request

Gandhinagar, Ahmedabad

Adani Inspire Corporate Capital ₹ 1.75 Cr - ₹ 1.75 Cr

Gandhinagar, Ahmedabad

Sobha Elysia ₹ 2.5 Cr - ₹ 4.76 Cr

Gandhinagar, Ahmedabad

Adani Paarijat ₹ 2.1 Cr - ₹ 2.38 Cr

Gandhinagar, Ahmedabad

Adani Ambrosia ₹ 2.31 Cr - ₹ 2.66 Cr

Gandhinagar, Ahmedabad

Sobha Avalon ₹ 68.68 L - ₹ 1.63 Cr

Gandhinagar, Ahmedabad

New Launch

Under Construction

Ready to Move

Sun Builders ₹ 19 L - ₹ 14 Cr

36 Projects

HN Safal ₹ 24.15 L - ₹ 2.98 Cr

20 Projects

Goyal And Co ₹ 42.71 L - ₹ 7.78 Cr

18 Projects
49 Years

Avirat Infrastructure ₹ 35.1 L - ₹ 3.3 Cr

10 Projects

Applewood Estates ₹ 15.3 L - ₹ 7.99 Cr

6 Projects

Venus Infrastructure ₹ 91.3 L - ₹ 91.3 L

5 Projects

Vishvas ₹ 24.97 L - ₹ 48.3 L

2 Projects

Shreenand ₹ 52.01 L - ₹ 52.01 L

2 Projects

Vivaan and Infinity Realty

1 Projects

Shikhar Realty ₹ 40.75 L - ₹ 54.75 L

1 Projects

Top Projects by Listing Rates

Listing Rate
By Rental

Project Name	Rate (₹/Sq.Ft)	Change %
Shubham Residency, Sp Ring Road	9,150	-
Hn Safal Applewoods Orchid Heights, Sp Ring Road	7,250	-1.8
Avirat Silver Brook, Sp Ring Road	6,400	26.8
Vivaan Infinity, Sp Ring Road	6,100	27.4
Sterling Greenwoods Residency, Sp Ring Road	5,250	-6.5
Sun Southrayz, Sp Ring Road	5,250	1.2
Sun South Park, Sp Ring Road	5,100	0.3
Goyal Orchid Gold, Sp Ring Road	5,100	1.5
Applewoods Township, Sp Ring Road	5,050	-5
Samanvay Residency, Sp Ring Road	5,050	-5.5

Premium residential projects in SP Ring Road set high benchmarks, with Shubham Residency leading at ₹9,150 per sq ft. HN Safal Applewoods Orchid Heights follows at ₹7,250 per sq ft, while Avirat Silver Brook and Vivaan Infinity are priced at ₹6,400 and ₹6,100 per sq ft, respectively. These developments represent the high-demand segment of the locality, catering to buyers seeking established amenities and prime positioning.

Project Name	Rate (₹/Sq.Ft)	Change %
Samanvay Residency, Sp Ring Road	30	-
Shreenand Ary, Sp Ring Road	23	-

Samanvay Residency and Shreenand Ary are key projects in the rental market, both offering an average rental rate of ₹50 per sq ft, while their current monthly rental rates stand at ₹30 and ₹23 per sq ft respectively.

Rental Trends

Rental Trends and Average Rent in SP Ring Road, Ahmedabad

Plots currently command an average rental rate of ₹50 per sq ft, though this segment has seen a -18.18% change over the year. Samanvay Residency and Shreenand Ary are key projects in the rental market, both offering an average rental rate of ₹50 per sq ft, while their current monthly rental rates stand at ₹30 and ₹23 per sq ft respectively.

SP Ring Road Rent Comparison

By Property Type

Property Type	Rate (₹/Sq.Ft)	Change %
Plot	50	-18.2

Plots currently command an average rental rate of ₹50 per sq ft, though this segment has seen a -18.18% change over the year.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around SP Ring Road, Ahmedabad

Ahmedabad Central

Avg. Asking Price ₹ 8,300 /Sq.Ft

SG Highway

Avg. Asking Price ₹ 7,300 /Sq.Ft

Gandhinagar

Avg. Asking Price ₹ 5,950 /Sq.Ft

Ahmedabad North

Avg. Asking Price ₹ 5,350 /Sq.Ft

Sanand1

Avg. Asking Price ₹ 4,850 /Sq.Ft

Ahmedabad South

Avg. Asking Price ₹ 4,550 /Sq.Ft

Ahmedabad East

Avg. Asking Price ₹ 3,850 /Sq.Ft

More insights about SP Ring Road, Ahmedabad

SP Ring Road, Ahmedabad Overview

FAQ

Frequently Asked Questions About Property Rates in SP Ring Road, Ahmedabad

What is the current average asking price in SP Ring Road?

As of June 2026, the average asking price in SP Ring Road stands at ₹6,300 per sq ft. This figure reflects a significant appreciation of 22.07% when compared to the previous period, indicating strong demand and a shift in market positioning for residential apartments in this locality.

How have property prices in SP Ring Road trended over the last few quarters?

Property prices in SP Ring Road have shown a clear upward trajectory throughout the first half of 2026. The location rate rose from ₹5,200 per sq ft in March 2026 to ₹6,300 per sq ft in June 2026, signaling resilient buyer interest and potential capital growth for investors in this corridor.

How do property rates in SP Ring Road compare to nearby neighbourhoods?

Property rates in SP Ring Road, currently at ₹6,300 per sq ft, are generally higher than many surrounding areas. For comparison, as of June 2026, average asking prices in nearby localities include ₹5,350 per sq ft in Motera, ₹4,950 per sq ft in New Maninagar, ₹4,100 per sq ft in Nikol, and ₹3,400 per sq ft in Odhav, highlighting the premium status of the SP Ring Road micromarket.

What is the price difference between apartments and villas in SP Ring Road?

As of June 2026, apartments in SP Ring Road command an average price of ₹6,300 per sq ft, which has appreciated by 22.07% over the observed period. In contrast, villas are priced at an average of ₹5,850 per sq ft, which has seen a depreciation of 7.71% compared to the previous period, suggesting a shift in buyer preference toward apartment-style living in this locality.

How does the project status affect property prices in SP Ring Road?

Property prices in SP Ring Road vary significantly based on construction status as of June 2026. Partially Ready To Move projects command the highest average at ₹6,400 per sq ft, having appreciated by 26.78% compared to the prior period. Ready To Move projects are priced at ₹5,550 per sq ft (depreciating by 1.17%), while Under Construction projects are available at ₹4,950 per sq ft (appreciating by 1.5%) and New Launch projects at ₹4,850 per sq ft (depreciating by 6.1%).

Which are the most premium projects by listing rates in SP Ring Road?

As of June 2026, the most premium project in SP Ring Road by listing rate is Shubham Residency, with an average asking price of ₹9,150 per sq ft, which has remained stable with 0% change. Other high-value projects include HN Safal Applewoods Orchid Heights at ₹7,250 per sq ft (depreciating by 1.84%) and Avirat Silver Brook at ₹6,400 per sq ft, which has seen a notable appreciation of 26.78%.

What are the rental trends for plots in SP Ring Road?

As of June 2026, the average rental rate for plots in SP Ring Road is ₹50 per sq ft. This rate has experienced a depreciation of 18.18% compared to the previous period, which may signal a softening in demand for land-based rentals or an adjustment in market supply.

Which projects in SP Ring Road offer the highest rental rates?

As of June 2026, top projects for rentals in SP Ring Road include Samanvay Residency and Shreenand Ary. Samanvay Residency currently commands a rental rate of ₹30 per sq ft, while Shreenand Ary is at ₹23 per sq ft; both projects have maintained stable rental pricing with 0% change over the observed period.

How should a buyer interpret the price trends in SP Ring Road?

A buyer should view the current average asking price of ₹6,300 per sq ft in June 2026 as a reflection of the area's rapid development and increasing demand. The 22.07% appreciation indicates that the locality is maturing, and prospective buyers should monitor whether this momentum continues or stabilizes in the coming quarters before finalizing their investment.

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