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Insights for SP Ring Road, Ahmedabad Real Estate Market Overview

The real estate market along SP Ring Road reflects a dynamic landscape where property values have adjusted in response to shifting buyer preferences and project completions. Recent quarterly data indicates price stability at the base level with upward movement in specific high-demand segments. The rental market, while specialized, provides insights into the commercial and residential utility of the area, particularly through projects like Samanvay Residency. Developers continue to focus on balancing under-construction supply with ready-to-move inventories to maintain market health.

  • Apartments in the area command a premium with an average price of ₹6,300 per sq ft.
  • Ready-to-move projects remain a highlight, averaging ₹5,600 per sq ft with a growth of 11.96%.
  • Shubham Residency stands out as a high-value project with rates reaching ₹9,150 per sq ft.
  • New launch projects are entering the market at an average of ₹5,300 per sq ft, reflecting steady developer confidence.

Market Strengths
  • Diverse property status options ranging from new launches to fully occupied projects.
  • Significant price appreciation of 22.07% in the apartment segment.
  • High-value projects like Shubham Residency reinforce the corridor's aspirational appeal.
  • Consistent growth in emerging hubs like Kathwada at 10.35% and Nana Chiloda at 15.76%.
  • Strong performance of ready-to-move inventory with an average price of ₹5,600 per sq ft.
Market Challenges
  • Villa prices have seen a decline of -7.71%, suggesting a temporary cooling in that specific segment.
  • Motera has experienced a slight price correction of -2.02%, reflecting shifts in local buyer sentiment.
  • Plot rentals have faced downward pressure, with a change of -18.18% in the current market cycle.
  • Partially ready-to-move projects have seen a price dip of -4.34%, indicating a need for faster project completion to sustain value.
Investment Opportunities
  • New launch projects at ₹5,300 per sq ft offer potential for appreciation as construction progresses.
  • Ready-to-move apartments show a strong 11.96% growth, indicating high demand for immediate occupancy.
  • Budget-friendly areas like Odhav and Nava Naroda have seen double-digit growth, presenting value-entry points for investors.
  • Rental yields in projects like Samanvay Residency provide consistent income potential at ₹50 per sq ft average rental value.
Top Localities in SP Ring Road, Ahmedabad

Hanspura

Avg Price ₹ 3,600 /Sq.Ft.
LISTINGS 3
Price Trend

SP Ring Road, Ahmedabad Property Price Trends and Appreciation

The market has experienced measured price shifts over the last year, moving from ₹5,350 in September 2025 to a stable ₹5,200 by March 2026. A notable surge occurred by June 2026, where rates reached ₹6,300 per sq ft. This trend underscores the area's ability to recover and grow despite periodic market adjustments.
Asking Price Trends
₹ 5,200/Sq.Ft -0.82 % 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 3,750 9.7
Naroda 3,850 5.1
Kathwada 3,850 10.4
Nikol 4,050 0.5
Nana Chiloda 3,950 15.8
Odhav 3,500 11.3
Vastral 3,800 1.2
Koteshwar 5,700 1.2
Motera 5,600 -2
Motera 5,600 -2
Geographic performance across the region varies significantly, with Koteshwar leading at ₹5,700 per sq ft and Motera following closely at ₹5,600 per sq ft. In contrast, emerging residential hubs such as Nikol and Nana Chiloda offer more accessible entry points, averaging ₹4,050 and ₹3,950 per sq ft respectively. Meanwhile, Odhav presents the most budget-friendly option in the vicinity at ₹3,500 per sq ft, showing a healthy 11.34% growth.
Type Rate (₹/Sq.Ft) Change %
Villa 5,850 -7.7
Apartment 6,300 22.1
SP Ring Road caters to distinct buyer preferences, with apartments leading the premium segment at ₹6,300 per sq ft, marking a significant 22.07% increase. Villas also feature in the landscape, currently priced at ₹5,850 per sq ft. These figures highlight a clear demand for structured residential living, with apartments particularly driving the value growth in this corridor.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 8 5,469 8.4
Under Construction 4 4,750 2.7
New Launch 3 5,300 10.7
Project & Developer Insights

Top Residential Projects and Developers in SP Ring Road

Top Projects in SP Ring Road
Adani Archway is the top project in SP Ring Road with prices from ₹ 1.25 Cr to 1.62 Cr.
Adani Archway ₹ 1.24 Cr - ₹ 1.62 Cr
  • Ahmedabad North, 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
View More
New Launch
Under Construction
Ready to Move
Top Developers in SP Ring Road
Sun Builders leads in SP Ring Road with 36 projects and years of experience.
DLF
Sun Builders ₹ 19 L - ₹ 14 Cr
  • 36 Projects
DLF
HN Safal ₹ 24.15 L - ₹ 2.98 Cr
  • 20 Projects
DLF
Goyal And Co ₹ 42.71 L - ₹ 7.78 Cr
  • 18 Projects
  • 49 Years
DLF
Avirat Infrastructure ₹ 35.1 L - ₹ 3.3 Cr
  • 10 Projects
DLF
Applewood Estates ₹ 15.3 L - ₹ 7.99 Cr
  • 6 Projects
DLF
Venus Infrastructure ₹ 91.3 L - ₹ 91.3 L
  • 5 Projects
DLF
Vishvas ₹ 24.97 L - ₹ 48.3 L
  • 2 Projects
DLF
Shreenand ₹ 52.01 L - ₹ 52.01 L
  • 2 Projects
DLF
Vivaan and Infinity Realty
  • 1 Projects
DLF
Shikhar Realty ₹ 40.75 L - ₹ 54.75 L
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in SP Ring Road set high benchmarks for the local market. Shubham Residency leads the segment at ₹9,150 per sq ft, while HN Safal Applewoods Orchid Heights commands ₹7,400 per sq ft following a 22.87% increase. Other notable projects like Sterling Greenwoods Residency and Shikhar Landmark provide high-quality living options priced between ₹5,450 and ₹5,600 per sq ft.
Project Name Rate (₹/Sq.Ft) Change %
Samanvay Residency, Sp Ring Road 30 -
Shreenand Ary, Sp Ring Road 23 -
Top rental projects include Samanvay Residency and Shreenand Ary, which command current rental rates of ₹30 and ₹23 per sq ft respectively. Both projects maintain an average rental potential of ₹50 per sq ft, signaling stable interest in these developments.
Rental Trends

Rental Trends and Average Rent in SP Ring Road, Ahmedabad

The rental market for plots currently averages ₹50 per sq ft, having experienced a change of -18.18% over the period. Top rental projects include Samanvay Residency and Shreenand Ary, which command current rental rates of ₹30 and ₹23 per sq ft respectively. Both projects maintain an average rental potential of ₹50 per sq ft, signaling stable interest in these developments.
SP Ring Road Rent Comparison
  • By Property Type
Property Type Rate (₹/Sq.Ft) Change %
Plot 50 -18.2
The rental market for plots currently averages ₹50 per sq ft, having experienced a change of -18.18% over the period.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,500 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,900 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 8,900 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 4,000 /Sq.Ft

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

Avg. Asking Price ₹ 7,750 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Avg. Asking Price ₹ 5,953 /Sq.Ft
Avg. Asking Price ₹ 5,350 /Sq.Ft
Avg. Asking Price ₹ 5,250 /Sq.Ft
Avg. Asking Price ₹ 4,250 /Sq.Ft
Avg. Asking Price ₹ 3,900 /Sq.Ft

More insights about SP Ring Road, Ahmedabad

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?

As of June 2026, the average asking price in SP Ring Road stands at ₹5,200 per sq ft. This figure reflects a minor depreciation of 0.82% compared to the previous period, indicating a period of price consolidation in this residential market.

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

Property prices in SP Ring Road have shown a dynamic trajectory, with the location rate reaching ₹6,300 per sq ft as of June 2026, up from ₹5,200 per sq ft in March 2026. This upward movement in the most recent quarter suggests a strengthening of demand for residential assets in the area following a period of stability where prices held at ₹5,200 per sq ft throughout December 2025 and March 2026.

How do property rates compare 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, having appreciated by 22.07% over the measured period. In contrast, villas are priced at an average of ₹5,850 per sq ft, which represents a depreciation of 7.71% when compared to the prior period, highlighting a clear preference for apartment-style living in the current market.

What is the price difference between Ready To Move and Under Construction properties in SP Ring Road?

Ready To Move properties in SP Ring Road are currently priced at an average of ₹5,600 per sq ft as of June 2026, marking an appreciation of 11.96% compared to the previous period. Meanwhile, Under Construction projects are available at a more accessible average of ₹4,750 per sq ft, showing a steady appreciation of 2.73% over the same timeframe, which reflects the typical premium buyers pay for immediate possession.

Which projects in SP Ring Road currently command the highest listing rates?

Shubham Residency leads the market in SP Ring Road with a listing rate of ₹9,150 per sq ft as of June 2026, maintaining stable pricing with 0% change. Other premium projects include HN Safal Applewoods Orchid Heights at ₹7,400 per sq ft, which has seen a significant appreciation of 22.87% compared to the previous period, and Sterling Greenwoods Residency at ₹5,600 per sq ft, which appreciated by 15.58%.

How do rental rates for plots vary across projects in SP Ring Road?

As of June 2026, the rental market for plots in SP Ring Road shows specific variations, with projects like Samanvay Residency commanding a current rental rate of ₹30 per sq ft and Shreenand Ary at ₹23 per sq ft. Both projects have maintained stable rental pricing with 0% change over the observed period, while the broader average rental rate for plots in the locality is ₹50 per sq ft, which has seen a depreciation of 18.18% compared to the previous period.

What should investors know about the rental market for plots in SP Ring Road?

Investors looking at the rental market in SP Ring Road should note that as of June 2026, the average rental rate for plots is ₹50 per sq ft. This sector has experienced a depreciation of 18.18% compared to the prior period, suggesting that potential landlords should carefully evaluate current rental yields against the capital appreciation of the underlying land assets.

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

Property rates in SP Ring Road, currently averaging ₹5,200 per sq ft, sit at a higher price point than several surrounding areas. For instance, neighbourhoods like Nava Naroda at ₹3,750 per sq ft, Naroda at ₹3,850 per sq ft, and Odhav at ₹3,500 per sq ft offer more affordable entry points, while Koteshwar at ₹5,700 per sq ft and Motera at ₹5,600 per sq ft represent premium alternatives in the broader region as of June 2026.

What does the price trend in nearby localities indicate about regional growth?

The regional market shows robust growth in several pockets as of June 2026, with Nana Chiloda leading nearby areas with a 15.76% appreciation, followed by Odhav at 11.34% and Kathwada at 10.35%. These double-digit appreciation figures across various neighbourhoods indicate strong investor confidence and rising demand for residential real estate in the areas surrounding the SP Ring Road corridor.

How should a buyer interpret the status-wise pricing data in SP Ring Road?

Buyers can use status-wise pricing to gauge the risk-reward profile of their investment as of June 2026. With New Launch projects priced at ₹5,300 per sq ft (appreciating by 10.65%) and Under Construction projects at ₹4,750 per sq ft (appreciating by 2.73%), investors have a range of entry points depending on their appetite for construction timelines versus immediate occupancy in Ready To Move units, which are priced at ₹5,600 per sq ft.

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