SP Ring Road Property Rates — ₹6,050/sq ft, -4.26%

Insights

Insights for SP Ring Road, Ahmedabad Real Estate Market Overview

The real estate market along the SP Ring Road in Ahmedabad exhibits a robust pricing structure, currently averaging ₹6,050 per sq ft for apartments. Market activity is marked by a healthy mix of ready-to-move and under-construction projects, catering to both immediate occupancy and future asset appreciation. Rental demand remains steady, with specific projects like Samanvay Residency and Shreenand Ary providing consistent yields for property owners. The region continues to attract significant interest from buyers looking for modern residential infrastructure integrated with excellent connectivity.

Apartments in the area are priced at an average of ₹6,050 per sq ft, representing the primary residential asset class.
Ready-to-move inventory is trading at ₹5,750 per sq ft, showing a positive price appreciation of 3.64%.
New launch projects have seen a significant price surge of 6.62%, currently averaging ₹5,300 per sq ft.
Premium projects such as Shubham Residency command rates up to ₹9,150 per sq ft, reflecting high demand for luxury living.
Rental rates for plots in the region average ₹50 per sq ft, despite a market correction of -18.18%.

Market Strengths

High-end projects like Shubham Residency sustain premium rates of ₹9,150 per sq ft, showcasing strong demand for luxury assets.
Ready-to-move projects demonstrate consistent buyer confidence with a 3.64% price growth.
New launch segments are experiencing robust appreciation of 6.62%, indicating developer and buyer optimism.
Diverse locality pricing, from ₹3,300 per sq ft in Odhav to ₹5,350 per sq ft in Koteshwar, caters to a wide range of budgets.
Established projects like Sterling Greenwoods Residency and Sun Southrayz show healthy price increases of 2.76% and 2.83% respectively.

Market Challenges

Villas have experienced a price correction of -7.71%, indicating a soft segment that requires careful entry timing.
The apartment segment saw a -4.26% change in pricing, suggesting a period of market consolidation.
Rental rates for plots have faced a significant downward pressure of -18.18% over the past year.
Partially ready to move projects saw a price decline of -1.87%, reflecting the current supply-demand balance in that specific segment.

Investment Opportunities

New launch projects show strong momentum with a 6.62% price increase, making them attractive for early-stage investors.
Ready-to-move apartments offer stable value with a 3.64% appreciation, ideal for risk-averse buyers.
Under construction projects provide a lower entry cost of ₹4,950 per sq ft, allowing for potential value growth upon completion.
Plots for rent currently average ₹50 per sq ft, offering a distinct income-generating asset class for commercial or flexible use.

Price Trend

SP Ring Road, Ahmedabad Property Price Trends and Appreciation

The market trajectory for SP Ring Road has shown notable shifts over the past year. Rates reached a peak of ₹6,300 per sq ft in June 2026 before adjusting to the current level of ₹6,050 per sq ft as of September 2026. This trend highlights a balanced adjustment period following the earlier growth seen in the first half of the year.

Asking Price Trends

₹ 6,050/Sq.Ft -4.26 % QoQ

Dec 2025 — Sep 2026

Quarter	City Rate
Sep 2026	6050
Jun 2026	6300
Mar 2026	5200
Dec 2025	5200

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	3,650	-3.7
Naroda	3,850	1.2
Kathwada	4,100	2.2
Nikol	4,100	0.3
Nana Chiloda	3,850	0.3
Odhav	3,300	-2.3
Vastral	3,750	1.4
Koteshwar	5,350	-
Motera	5,350	-0.2
Motera	5,350	-0.2

The broader SP Ring Road vicinity features a wide spectrum of property values across its various sub-localities. Koteshwar and Motera stand at the higher end of the spectrum, both averaging ₹5,350 per sq ft. Meanwhile, more accessible options are available in localities like Kathwada and Nikol, which both hover around ₹4,100 per sq ft. Odhav remains one of the more affordable pockets in the region, currently averaging ₹3,300 per sq ft.

Type	Rate (₹/Sq.Ft)	Change %
Villa	5,850	-7.7
Apartment	6,050	-4.3

The SP Ring Road market offers distinct pricing for different residential categories. Apartments currently command an average of ₹6,050 per sq ft, while villas are priced at ₹5,850 per sq ft. This pricing structure allows buyers to choose between high-rise living and independent villa formats depending on their investment goals and lifestyle preferences.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	7	5,829	2.9
Under Construction	2	4,950	2.1
New Launch	1	5,300	6.6

The supply landscape in SP Ring Road caters to various buyer timelines, ranging from immediate move-in options to future developments. Ready to move projects, comprising 6 units, average ₹5,750 per sq ft with a positive growth of 3.64%. Meanwhile, the 1 new launch project is priced at ₹5,300 per sq ft, reflecting a strong 6.62% increase, and under construction projects offer an accessible entry point at ₹4,950 per sq ft.

Project & Developer Insights

Top Residential Projects and Developers in SP Ring Road

Godrej Celeste ₹ 61 L - ₹ 72 L

Ahmedabad North, Ahmedabad

Adani Augusta ₹ 1.33 Cr - ₹ 1.69 Cr

Ahmedabad North, Ahmedabad

Adani Archway ₹ 1.71 Cr - ₹ 2.23 Cr

Ahmedabad North, Ahmedabad

Arvind Imperia ₹ 3.11 Cr - ₹ 4.3 Cr

Ahmedabad East, Ahmedabad

Godrej Altus ₹ 4.44 Cr - ₹ 7 Cr

SG Highway, Ahmedabad

Adani Medico House ₹ 2.5 Cr - ₹ 4.1 Cr

Gandhinagar, Ahmedabad

Adani Inspire Corporate Capital ₹ 3.03 Cr - ₹ 3.03 Cr

Gandhinagar, Ahmedabad

Sobha Elysia ₹ 2.5 Cr - ₹ 4.76 Cr

Gandhinagar, Ahmedabad

Adani Aster Neo ₹ 67.99 L - ₹ 67.99 L

Gandhinagar, Ahmedabad

Adani Embrace ₹ 1.42 Cr - ₹ 2.93 Cr

Gandhinagar, Ahmedabad

New Launch

Under Construction

Ready to Move

Sun Builders ₹ 19 L - ₹ 14 Cr

39 Projects

HN Safal ₹ 24.15 L - ₹ 2.98 Cr

23 Projects

Goyal And Co ₹ 32.6 L - ₹ 7.78 Cr

19 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 ₹ 57.4 L - ₹ 1.81 Cr

5 Projects

Vishvas ₹ 24.97 L - ₹ 48.3 L

3 Projects

Shreenand ₹ 22.27 L - ₹ 52.01 L

3 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	7,200	-0.9
Avirat Silver Brook, Sp Ring Road	6,300	-1.9
Vivaan Infinity, Sp Ring Road	6,100	-
Sterling Greenwoods Residency, Sp Ring Road	5,400	2.8
Sun Southrayz, Sp Ring Road	5,400	2.8
Samanvay Residency, Sp Ring Road	5,300	5.1
Goyal Orchid Gold, Sp Ring Road	5,300	3.6
Applewoods Township, Sp Ring Road	5,300	4.5
Sun South Park, Sp Ring Road	5,100	-

Premium residential developments along the SP Ring Road continue to set the benchmark for luxury living. Shubham Residency leads the market at ₹9,150 per sq ft, while HN Safal Applewoods Orchid Heights follows at ₹7,200 per sq ft. Other notable projects like Avirat Silver Brook and Vivaan Infinity provide quality living options at ₹6,300 per sq ft and ₹6,100 per sq ft, respectively.

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. Samanvay Residency currently offers rentals at ₹30 per sq ft, while Shreenand Ary maintains a rate of ₹23 per sq ft.

Rental Trends

Rental Trends and Average Rent in SP Ring Road, Ahmedabad

Rental rates for plots in the SP Ring Road area currently average ₹50 per sq ft. This sector has seen a shift in pricing over the past year, reflecting the evolving demand for land-based assets in the region. Samanvay Residency and Shreenand Ary are key projects in the rental market. Samanvay Residency currently offers rentals at ₹30 per sq ft, while Shreenand Ary maintains a rate of ₹23 per sq ft.

SP Ring Road Rent Comparison

By Property Type

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

Rental rates for plots in the SP Ring Road area currently average ₹50 per sq ft. This sector has seen a shift in pricing over the past year, reflecting the evolving demand for land-based assets in the region.

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

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 ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

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

Ahmedabad Central

Avg. Asking Price ₹ 8,350 /Sq.Ft

SG Highway

Avg. Asking Price ₹ 7,400 /Sq.Ft

Gandhinagar

Avg. Asking Price ₹ 6,950 /Sq.Ft

Ahmedabad North

Avg. Asking Price ₹ 5,450 /Sq.Ft

Sanand1

Avg. Asking Price ₹ 4,950 /Sq.Ft

Ahmedabad South

Avg. Asking Price ₹ 4,700 /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 September 2026?

As of September 2026, the average asking price in SP Ring Road is ₹6,050 per sq ft. This figure represents a depreciation of 4.26% compared to the previous period, reflecting a moderate market correction in the area's residential segment.

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

Property prices in SP Ring Road have shown a mixed trajectory throughout 2026. After holding steady at ₹5,200 per sq ft in December 2025 and March 2026, the average asking price rose to ₹6,300 per sq ft in June 2026 before settling at ₹6,050 per sq ft by September 2026. This fluctuation indicates a dynamic market where buyer demand and inventory availability are actively recalibrating.

How do property rates compare between apartments and villas in SP Ring Road?

As of September 2026, apartments in SP Ring Road command an average asking price of ₹6,050 per sq ft, which has depreciated by 4.26% over the observed period. In comparison, villas are priced at an average of ₹5,850 per sq ft, having experienced a more significant depreciation of 7.71% when compared to the prior period. This indicates that while apartments remain the primary residential asset class, both segments have seen price adjustments.

What is the price difference between ready-to-move and under-construction projects in SP Ring Road?

Ready-to-move projects in SP Ring Road are currently priced at an average of ₹5,750 per sq ft as of September 2026, marking an appreciation of 3.64% compared to the previous period. Conversely, under-construction projects are available at a lower entry point of ₹4,950 per sq ft, which has appreciated by 2.05% over the same timeframe. The price premium on ready-to-move units reflects the immediate utility and reduced risk for end-users compared to under-construction developments.

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

As of September 2026, Shubham Residency leads the market in SP Ring Road with a listing rate of ₹9,150 per sq ft, which has remained stable with 0% change. Other premium projects include HN Safal Applewoods Orchid Heights at ₹7,200 per sq ft (depreciated by 0.94% from the prior period) and Avirat Silver Brook at ₹6,300 per sq ft (depreciated by 1.87% from the prior period). These projects represent the higher end of the local market, catering to buyers seeking established or premium residential infrastructure.

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

As of September 2026, plots in SP Ring Road are available for rent at an average rate of ₹50 per sq ft. This rental rate has seen a depreciation of 18.18% compared to the previous period, suggesting a softening in the rental demand for land parcels in the locality.

Which projects in SP Ring Road are currently the most prominent for renters?

Samanvay Residency and Shreenand Ary are among the notable projects for renters in SP Ring Road as of September 2026. Samanvay Residency lists at a current rental rate of ₹30 per sq ft, while Shreenand Ary is available at ₹23 per sq ft; both projects have maintained stable rental pricing with 0% change compared to the previous period. These rates provide a benchmark for tenants evaluating rental options within the locality.

How should a buyer interpret the price variation across different project statuses in SP Ring Road?

Buyers in SP Ring Road should note that as of September 2026, Partially Ready To Move projects command the highest average price at ₹6,300 per sq ft, despite a depreciation of 1.87% from the previous period. New Launch projects are priced at ₹5,300 per sq ft, showing a significant appreciation of 6.62% compared to the prior period. This data suggests that while ready-to-move units offer stability, new launches are currently seeing strong price growth, likely driven by modern amenities and developer confidence.