Ahmedabad
Vejalpur’s real estate landscape is characterized by a consistent rise in property rates, supported by a healthy supply of both ready-to-move and new-launch residential projects. The market shows a diverse range of apartment options that cater to varying buyer budgets, while the commercial sector maintains its own premium benchmarks. Rental activity is equally vibrant, with a solid yield of 5.23% providing an attractive proposition for income-focused investors. Development activity remains concentrated on the SG Highway corridor, where several projects continue to see double-digit appreciation in asking rates.
As of March 2026, the average asking price in Vejalpur stands at ₹5,050 per sq ft. This figure reflects a positive market movement, having appreciated by 2.55% compared to the previous period. This steady growth indicates resilient demand for residential properties in the area, suggesting that Vejalpur remains a stable choice for both end-users and long-term investors.
Property prices in Vejalpur have shown a consistent upward trajectory from September 2025 to March 2026. After holding steady at ₹4,950 per sq ft in September 2025, the price dipped slightly to ₹4,900 per sq ft in December 2025 before recovering to reach ₹5,050 per sq ft by March 2026. This recovery suggests that the market has successfully absorbed recent fluctuations, signaling renewed buyer confidence in the locality.
Property rates in Vejalpur are generally more accessible compared to several premium neighbouring areas. For instance, as of March 2026, Satellite commands an average rate of ₹8,150 per sq ft, and Prahlad Nagar stands at ₹8,100 per sq ft, both of which are significantly higher than the ₹5,050 per sq ft seen in Vejalpur. While Satellite experienced a depreciation of 2.69% and Prahlad Nagar saw a 3.95% decrease over the recent period, Vejalpur's relative affordability continues to attract buyers looking for value-driven investments.
As of March 2026, there is a narrow price gap between different project statuses in Vejalpur. Ready-to-move properties are priced at ₹5,300 per sq ft, having appreciated by 15.52% over the observed period. Meanwhile, under-construction projects are currently at ₹5,400 per sq ft, showing a significant appreciation of 22.02%. This indicates that developers are pricing new inventory competitively, and the market is seeing strong demand across both completed and ongoing developments.
The average rental yield in Vejalpur is 5.23% as of March 2026, which is a key metric for investors evaluating income potential. With an average rental rate of ₹22 per sq ft, this yield suggests that the locality offers a balanced return on investment for landlords. A yield of over 5% is generally considered attractive in the current market, indicating that property owners can expect a steady stream of rental income relative to their capital outlay.
Rental rates in Vejalpur vary by unit size, catering to different tenant profiles as of March 2026. A 1 BHK apartment typically commands an average rent of ₹17,000 per month, while a 2 BHK apartment averages ₹25,250 per month. These figures provide clear guidance for prospective tenants and investors, with the 2 BHK segment reflecting the higher demand for family-sized housing in the area.
Several projects in Vejalpur are currently leading the market in terms of listing rates as of March 2026. Maruti Inspiring Realty Celesta Courtyard leads with a rate of ₹5,600 per sq ft, having appreciated by 25.21%. Other prominent projects include Murlidhar Greens and Kalasagar Skyz, both priced at ₹5,450 per sq ft, with respective appreciation rates of 26.03% and 22.77%. These high appreciation figures across the board highlight the strong premium being placed on newer or well-maintained residential inventory in the locality.
Buyers should use the property rates data for Vejalpur to benchmark their investment against current market trends and project-specific performance. By observing that the average asking price is ₹5,050 per sq ft as of March 2026, a buyer can determine if a specific project is priced at a premium or offers better value. Additionally, comparing the appreciation rates of different statuses, such as the 15.52% growth in ready-to-move units, helps in understanding whether to prioritize immediate possession or wait for new launches.
