Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Vastrapur, Ahmedabad Real Estate Market Overview

Vastrapur remains a key residential and commercial hub in Ahmedabad, characterized by a mix of established developments and premium project offerings. The market has observed price fluctuations across different segments, with office spaces maintaining a strong premium compared to residential apartments. Rental activity remains steady, providing investors with a consistent yield that underscores the locality's long-term value. While apartment pricing has seen moderate shifts, the influx of new projects ensures a continuous supply for diverse buyer profiles.

  • Office spaces currently command a premium at ₹9,650 per sq ft, showing a growth of 2.09%.
  • Residential apartment rates average ₹8,200 per sq ft, reflecting current market adjustments.
  • The rental market offers a yield of 3.37%, with 3 BHK apartments averaging ₹34,750 per month.
  • Premium developments like Synthesis The First have seen value appreciation of 6.67%.
  • Ready to move inventory is available at an average of ₹7,950 per sq ft, catering to immediate occupancy needs.

Market Strengths
  • High demand for office spaces driving rates up to ₹9,650 per sq ft.
  • Strong presence of premium projects like Ajmera Casa Vyoma and Synthesis The First.
  • Consistent rental yield of 3.37% attracting income-focused investors.
  • Diverse inventory mix ranging from affordable new launches to luxury villas.
  • Established residential appeal with 3 BHK units maintaining stable rental demand.
Market Challenges
  • Apartment rental rates have experienced a decline of -14.81%, reflecting a shift in short-term rental demand.
  • Villa segment rates have seen a correction of -9.3%, indicating a cooling off in the ultra-luxury residential category.
  • New launch project pricing has seen a downward shift of -6.6%, suggesting competitive pressure in the primary market.
  • Ready to move residential units have faced a price adjustment of -5.8%.
Investment Opportunities
  • Rental yield of 3.37% provides a stable return for investors focused on residential assets.
  • Office space segment shows 2.09% growth, indicating potential for commercial asset appreciation.
  • Entry-level pricing in new launch projects at ₹6,200 per sq ft offers a lower barrier to entry for long-term investors.
  • 3 BHK apartments at ₹34,750 per month demonstrate consistent demand in the residential rental sector.
Top Localities in Vastrapur, Ahmedabad

Nehru Nagar

Avg Price ₹ 7,850 /Sq.Ft.
Avg Rent ₹ 64 /Sq.Ft.
YIELD + 9.78
LISTINGS 5

Panjrapole

Avg Price ₹ 9,100 /Sq.Ft.
LISTINGS 5
Price Trend

Vastrapur, Ahmedabad Property Price Trends and Appreciation

The market in Vastrapur has experienced varied price movements, with rates recorded at ₹8,100 per sq ft in September 2025 and rising to ₹8,650 per sq ft by March 2026. As of June 2026, the average rate has stabilized at ₹8,200 per sq ft. These trends highlight a period of recalibration following the peak seen in early 2026.
Asking Price Trends
₹ 8,200/Sq.Ft -5.31 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 8200
Mar 2026 8650
Dec 2025 8350
Sep 2025 8100
About Asking Price Trends
Vastrapur Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Gurukul 6,250 2.8
Satellite 8,500 3.9
Bodakdev 8,950 -3.9
Memnagar 6,500 4.5
Jodhpur 7,950 -1.2
Satellite 8,500 3.9
Shyamal 8,600 8.5
Ambawadi 8,000 10.9
Vasna 5,700 -6.8
Navrangpura 8,600 2.9
Vastrapur sits in a competitive geographic cluster, with neighboring areas offering a wide spectrum of pricing. Satellite commands a higher rate at ₹8,500 per sq ft, reflecting its premium status, while Bodakdev leads the cluster at ₹8,950 per sq ft. In contrast, locations like Gurukul and Memnagar offer more accessible entry points at ₹6,250 per sq ft and ₹6,500 per sq ft respectively. This range allows buyers to choose between high-end premium zones and more budget-conscious neighborhoods within the immediate vicinity.
Type Rate (₹/Sq.Ft) Change %
Office Space 9,650 2.1
Villa 14,900 -9.3
Apartment 8,200 -5.3
Vastrapur's real estate market caters to diverse buyer preferences across property categories. Office spaces lead the premium segment at ₹9,650 per sq ft, experiencing a growth of 2.09%. Apartments are priced at ₹8,200 per sq ft, while villas represent the high-end luxury tier at ₹14,900 per sq ft.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 6 7,950 -5.8
New Launch 6 6,200 -6.6
The market offers properties across different development stages to suit various timelines. Ready to move inventory, comprising 6 units, averages ₹7,950 per sq ft, appealing to those seeking immediate possession. New launch projects provide 6 additional opportunities at ₹6,200 per sq ft for buyers looking for modern amenities and long-term value.
Project & Developer Insights

Top Residential Projects and Developers in Vastrapur

Top Projects in Vastrapur
Godrej Altus is the top project in Vastrapur with prices from ₹ 4.50 Cr to 7.00 Cr.
Godrej Altus ₹ 4.5 Cr - ₹ 7 Cr
  • SG Highway, Ahmedabad
Arvind Imperia ₹ 3.11 Cr - ₹ 4.3 Cr
  • Ahmedabad East, Ahmedabad
Godrej Celeste ₹ 61 L - ₹ 71 L
  • Ahmedabad North, 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 Augusta ₹ 1.12 Cr - ₹ 1.42 Cr
  • Ahmedabad North, Ahmedabad
Adani Aster Neo ₹ 67.99 L - ₹ 67.99 L
  • Gandhinagar, Ahmedabad
Adani Embrace ₹ 1.29 Cr - ₹ 2.66 Cr
  • Gandhinagar, Ahmedabad
Adani Paarijat ₹ 2.1 Cr - ₹ 2.38 Cr
  • Gandhinagar, Ahmedabad
View More
New Launch
Under Construction
Ready to Move
Top Developers in Ahmedabad
Godrej leads in Ahmedabad with 9 projects and 29 years of experience.
DLF
Godrej ₹ 21.9 L - ₹ 7 Cr
  • 9 Projects
  • 29 Years
DLF
Ajmera ₹ 22.5 L - ₹ 2.09 Cr
  • 3 Projects
  • 50 Years
DLF
Goyal and Co and Hariyana Group ₹ 39.04 L - ₹ 3.63 Cr
  • 4 Projects
  • 49 Years
DLF
Deep Group ₹ 36.9 L - ₹ 3.36 Cr
  • 21 Projects
DLF
Synthesis Spacelinks ₹ 21.1 L - ₹ 2.44 Cr
  • 5 Projects
DLF
Keshav Narayan Group
  • 4 Projects
DLF
Sheetal Infrastructure ₹ 87 L - ₹ 2.37 Cr
  • 3 Projects
DLF
Simandhar ₹ 31.48 L - ₹ 40.54 L
  • 2 Projects
DLF
Roots Infrastructure
  • 1 Projects
DLF
Aaryan Infrabuild Pvt Ltd ₹ 1.09 Cr - ₹ 4.34 Cr
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Vastrapur set high-value benchmarks for the local market. Deep Indraprasth Gulmohar is priced at ₹10,500 per sq ft, while Ajmera Casa Vyoma follows at ₹9,400 per sq ft with a 3.18% increase. Synthesis The First also commands a strong position at ₹9,250 per sq ft, reflecting a 6.67% growth. Other notable projects like Godrej Altus and Goyal and Co Riviera Exotica provide stable options at ₹8,000 per sq ft.
Project Name Rate (₹/Sq.Ft) Change %
Hnd Kushal Apartment, Vastrapur 21 -
HND Kushal Apartment remains a notable project in the rental market, with current rental rates at ₹21 per sq ft. The project maintains a steady position within the local residential rental landscape.
Rental Trends

Rental Trends and Average Rent in Vastrapur, Ahmedabad

Residential rentals in Vastrapur show a clear hierarchy based on unit size. 2 BHK apartments average ₹29,650 per month, while 3 BHK units command a higher average of ₹34,750 per month. For those seeking larger living spaces, 4 BHK apartments are available at an average of ₹1.32 Lakh per month. The rental landscape across nearby locations is highly competitive, with areas like Satellite, Bodakdev, and Memnagar all averaging ₹50 per sq ft. Jivraj Park stands out with a significant growth in rental activity, while other areas like Navrangpura and Jodhpur maintain stable rental benchmarks at ₹50 per sq ft. Rental rates for both office spaces and apartments in Vastrapur hover around ₹50 per sq ft. While office spaces have seen a positive growth of 5.45%, the apartment segment has faced a rental rate adjustment of -14.81% over the past year. HND Kushal Apartment remains a notable project in the rental market, with current rental rates at ₹21 per sq ft. The project maintains a steady position within the local residential rental landscape.
Vastrapur Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
2 Bhk 29,650
3 Bhk 34,750
4 Bhk 1,32,500
Residential rentals in Vastrapur show a clear hierarchy based on unit size. 2 BHK apartments average ₹29,650 per month, while 3 BHK units command a higher average of ₹34,750 per month. For those seeking larger living spaces, 4 BHK apartments are available at an average of ₹1.32 Lakh per month.
Locality Rate (₹/Sq.Ft) Change %
Satellite 50 25
Bodakdev 50 3.7
Memnagar 50 4.8
Jodhpur 50 8.7
Satellite 50 25
Ramdevnagar 50 4.4
Shyamal 50 -
Ambawadi 50 4.4
Navrangpura 50 10
Jivraj Park 50 223.1
The rental landscape across nearby locations is highly competitive, with areas like Satellite, Bodakdev, and Memnagar all averaging ₹50 per sq ft. Jivraj Park stands out with a significant growth in rental activity, while other areas like Navrangpura and Jodhpur maintain stable rental benchmarks at ₹50 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 50 5.5
Apartment 50 -14.8
Rental rates for both office spaces and apartments in Vastrapur hover around ₹50 per sq ft. While office spaces have seen a positive growth of 5.45%, the apartment segment has faced a rental rate adjustment of -14.81% over the past year.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Vastrapur, Ahmedabad

Avg. Asking Price ₹ 8,300 /Sq.Ft
Avg. Asking Price ₹ 7,300 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 5,350 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft
Avg. Asking Price ₹ 4,550 /Sq.Ft
Avg. Asking Price ₹ 3,850 /Sq.Ft

More insights about Vastrapur, Ahmedabad

FAQ

Frequently Asked Questions About Property Rates in Vastrapur, Ahmedabad

What is the current average asking price in Vastrapur as of June 2026?

As of June 2026, the average asking price in Vastrapur stands at ₹8,200 per sq ft. This figure reflects a depreciation of 5.31% compared to the previous period, suggesting a market correction or a shift in the inventory mix currently available for sale in the locality.

How have property prices in Vastrapur trended over the last few quarters?

Property prices in Vastrapur have shown a fluctuating trajectory throughout the recent quarters. According to data for June 2026, the location rate is ₹8,200 per sq ft, following a rate of ₹8,650 per sq ft in March 2026, ₹8,350 per sq ft in December 2025, and ₹8,100 per sq ft in September 2025. This movement indicates that while the market experienced a peak in early 2026, it has since adjusted, providing potential buyers with a different entry point compared to the start of the year.

How do property rates in Vastrapur compare to nearby localities in Ahmedabad?

Property rates in Vastrapur vary significantly when compared to surrounding areas in Ahmedabad. As of June 2026, while Vastrapur averages ₹8,200 per sq ft, nearby neighbourhoods show diverse pricing: Bodakdev is priced at ₹8,950 per sq ft (depreciating by 3.91%), Satellite at ₹8,500 per sq ft (appreciating by 3.93%), and Jodhpur at ₹7,950 per sq ft (depreciating by 1.2%). These variations highlight that Vastrapur remains a mid-to-premium segment locality within the broader SG Highway micro-market context.

What is the price difference between Ready To Move and New Launch properties in Vastrapur?

As of June 2026, Ready To Move properties in Vastrapur are priced at an average of ₹7,950 per sq ft, which has depreciated by 5.8% compared to the previous period. In contrast, New Launch projects are available at an average of ₹6,200 per sq ft, reflecting a depreciation of 6.6%. This price gap often reflects the premium buyers pay for immediate possession versus the potential value appreciation associated with investing in under-construction or newly launched developments.

What is the average rental yield in Vastrapur, and what does it mean for investors?

The average rental yield in Vastrapur is 3.37% as of June 2026, which provides a baseline for investors to evaluate the income-generating potential of their property relative to the capital investment. While the average rental rate in the area is ₹23 per sq ft, it has seen a depreciation of 14.81% compared to the previous period. Investors should weigh this yield against the current sale price of ₹8,200 per sq ft to determine if the locality aligns with their long-term cash flow or capital appreciation goals.

How does the rental rate vary across different BHK configurations in Vastrapur?

Rental rates in Vastrapur are segmented by unit size to cater to different tenant profiles. As of June 2026, 2 BHK apartments command an average rent of ₹29,650 per month, while 3 BHK units average ₹34,750 per month. For larger requirements, 4 BHK apartments are available at an average of ₹1.32 Lakh per month. These figures help prospective tenants and landlords understand the market positioning of various apartment sizes within the locality.

Which projects in Vastrapur currently command the highest listing rates?

As of June 2026, top projects in Vastrapur by listing rates include Deep Indraprasth Gulmohar at ₹10,500 per sq ft (depreciating by 15.91%), Ajmera Casa Vyoma at ₹9,400 per sq ft (appreciating by 3.18%), and Synthesis The First at ₹9,250 per sq ft (appreciating by 6.67%). These projects represent the premium end of the local market, though investors should note that price trends for these specific developments vary, with some showing significant appreciation while others have seen a downward adjustment in asking rates.

How do rental rates for office spaces compare to apartments in Vastrapur?

Office spaces in Vastrapur currently command a higher rental premium compared to residential apartments. As of June 2026, office spaces are renting at an average of ₹50 per sq ft, having appreciated by 5.45% from the previous period. Conversely, apartments are renting at an average of ₹50 per sq ft, which reflects a depreciation of 14.81%. This data indicates that while the per-square-foot rate is currently similar, the commercial segment has shown more positive momentum in rental growth compared to the residential apartment segment.

How should a buyer interpret the depreciation in property rates in Vastrapur?

A depreciation in property rates, such as the 5.31% decline observed in Vastrapur's average asking price of ₹8,200 per sq ft as of June 2026, typically signals a market correction or an increase in available inventory. For buyers, this may represent a more favorable negotiation environment compared to periods of rapid price growth. It is essential to look at this alongside project-specific trends, as some developments may still show appreciation even when the broader locality average is softening.

Country/City