The real estate landscape in Vastrapur is currently defined by consistent price appreciation and a balanced mix of ready-to-move and new-launch residential projects. Property values have seen a steady increase, rising from ₹7,750 per sq ft in mid-2025 to the current average of ₹8,650 per sq ft. Rental activity remains active, with the area offering a rental yield of 3.75% and a range of monthly rental options for 2 BHK, 3 BHK, and 4 BHK apartments. Investors are closely monitoring these trends as the locality maintains its competitive edge against surrounding residential hubs.
The average asking price in Vastrapur is ₹8,650 per sq ft as of March 2026. This figure represents an appreciation of 3.66% compared to previous periods, signaling sustained demand for residential property in this locality.
Property prices in Vastrapur have shown a consistent upward trajectory, moving from ₹7,750 per sq ft in June 2025 to ₹8,650 per sq ft by March 2026. This steady increase across the last four quarters reflects strong buyer confidence and a resilient real estate market in the area.
As of March 2026, property rates in Vastrapur vary significantly by type: villas command the highest average price at ₹14,900 per sq ft, despite a depreciation of 9.3% compared to previous periods. Office spaces are priced at ₹9,450 per sq ft, having appreciated by 4.84%, while apartments are available at an average of ₹8,650 per sq ft, reflecting an appreciation of 3.66%.
Ready-to-move projects in Vastrapur are currently priced at an average of ₹8,450 per sq ft as of March 2026, which marks an appreciation of 8.28% compared to previous periods. In contrast, new launch projects are priced lower at ₹6,350 per sq ft, experiencing a slight depreciation of 1.57% over the same timeframe, offering a more accessible entry point for investors.
The average rental yield in Vastrapur stands at 3.75% as of March 2026. This yield provides investors with a clear metric to evaluate the income-generating potential of their property relative to the current average asking price of ₹8,650 per sq ft.
As of March 2026, rental rates in Vastrapur are segmented by size, with 2 BHK apartments averaging ₹30,250 per month, 3 BHK apartments at ₹58,400 per month, and 4 BHK units reaching ₹1.32 Lakh per month. These figures help tenants and landlords understand the market positioning of different residential configurations within the locality.
Office spaces in Vastrapur currently command an average rental rate of ₹50 per sq ft as of March 2026. This rate has seen a minor depreciation of 1.79% compared to previous periods, providing a stable benchmark for commercial tenants looking to establish a presence in this key area.
As of March 2026, Deep Indraprasth Gulmohar leads the market with a listing rate of ₹12,500 per sq ft, having appreciated by 12.83% compared to previous periods. Other prominent projects include Ajmera Casa Vyoma at ₹9,100 per sq ft (up 4.96%) and Synthesis The First at ₹8,700 per sq ft (up 7.13%), indicating a premium segment within the locality.
Investors should note that SMJ Muktajeevan Ecstasy is currently listed at ₹6,300 per sq ft as of March 2026, which reflects a depreciation of 16.33% compared to previous periods. Such price corrections can sometimes signal a localized market adjustment, making it essential for buyers to compare these figures against the broader locality average of ₹8,650 per sq ft before making investment decisions.
Rental rates in Vastrapur average ₹27 per sq ft, while nearby areas such as Satellite, Bodakdev, and Memnagar all command a higher average rental rate of ₹50 per sq ft as of March 2026. While Satellite has seen an appreciation of 14.29% in rental rates, Vastrapur’s rental market has experienced a depreciation of 51.79% over the same comparison period, suggesting a distinct rental landscape compared to its neighbors.
Users can utilize the property rates data by comparing the current average asking price of ₹8,650 per sq ft against specific project listing rates and property status trends to determine if a property is fairly valued. By analyzing the 3.75% rental yield and BHK-wise rental stats, investors can also assess the potential for recurring income, while the quarterly price trends help in understanding whether the market is currently in an appreciation or correction phase.