Property rates · Ahmedabad
Ahmedabad property rates: prices, trends and forecast
Thinking of buying in Ahmedabad? Here is what a square foot costs today, how fast prices have grown since 2020, what is happening in the market right now, and where rates could be by 2030. Plain numbers, no sales pitch.
By Jaiprakash Mourya, Property Nivesh Team ·Reviewed by Rakesh Mahajan ·Published ·Updated ·Rates checked monthly The short answer
- ✓ Property in Ahmedabad costs about ₹6,800 per sq ft on average (2025), the 13th highest of the 15 Indian cities we track.
- ✓ Prices are up 55% since 2020, or about 9% a year.
- ✓ The official trend is still up: NHB's index for Ahmedabad rose 7.9% in the year to Q2 2026.
- ✓ Prahlad Nagar is the priciest of the 6 areas on this page at ₹8,150 per sq ft; Shela grew fastest (+36% since 2020).
- ✓ Rents return about 3.4% a year: roughly ₹28,300 a month on a ₹1 crore home.
- ✓ Our base-case forecast for 2030: about ₹9,300 per sq ft (range ₹8,000–₹9,500). A projection, not advice.
Property rates in Ahmedabad today
The average asking price in Ahmedabad is ₹6,800 per sq ft. That makes it the 13th most expensive of the 15 Indian cities on our tracker. Five years ago, in 2020, the same average was about ₹4,390 per sq ft.
Average rate (2025)
₹6,800 /sq ft
Growth since 2020
+55% (9% a year)
Rental yield
3.4%
Ahmedabad property rates by year
Our tracker has the Ahmedabad city average for 2020 and 2025. The chart shows both, then our forecast to 2030 as striped bars (thin lines mark the low and high cases). For a year-by-year picture, see the 6 localities below.
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Property price trends in Ahmedabad: is the market still rising?
NHB's house price index for Ahmedabad was 7.9% higher in Q2 2026 than a year earlier, against 7.0% for its 50-city composite. Over the last 8 quarters the yearly rise ranged from 6.0% to 7.9%, above the 50-city figure in 7 of 8 quarters.
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NHB RESIDEX measures the values banks and housing finance companies put on homes they lend against, smoothed over four quarters. A gap is a quarter NHB did not print the figure. NHB RESIDEX is a registered trademark of the National Housing Bank.
By our estimates, rates rose in 2025 in 5 of the 6 localities on this page. Prahlad Nagar rose the most (6.5%), while Thaltej fell 0.7%.
Real estate market trends in Ahmedabad
Prices are only one part of the story. Here is what the other numbers we follow say about the Ahmedabad market.
- Prices: the average asking rate is up 55% since 2020 on our tracker, about 9% a year.
- Official index: NHB's house price index for Ahmedabad was 7.9% higher in Q2 2026 than a year earlier, against 7.0% for its 50-city composite.
- New supply: Builders registered 514 new projects with GujRERA in 2025, down from 581 in 2021 (−12%). More new projects usually means more choice for buyers, and over time more competition on price.
- Rents: a gross rental yield of about 3.4%, so rent covers only a small part of the price each year. Most buyers here are paying for future value or for a home to live in.
Ahmedabad localities at a glance
Here is how the 6 localities compare. Tap a name to jump to its chart.
| Locality | 2025 rate | Since 2020 | Per year | In 2025 | Rental yield | 2030 base case |
|---|---|---|---|---|---|---|
| Prahlad Nagar | ₹8,150 | +31% | +5.6% | +6.5% | 3% | ₹11,000 |
| Satellite | ₹7,700 | +29% | +5.3% | +0.7% | 2% | ₹9,300 |
| Thaltej | ₹7,500 | +22% | +4.0% | −0.7% | 2% | ₹8,800 |
| Bopal | ₹5,150 | +23% | +4.2% | +4.0% | 4% | ₹6,700 |
| South Bopal | ₹5,100 | +24% | +4.5% | +4.1% | 5% | ₹6,600 |
| Shela | ₹4,750 | +36% | +6.3% | +1.1% | 4% | ₹5,800 |
Rates are average asking prices per sq ft (our estimates). "Per year" is the average yearly rise from 2020 to 2025. Rental yield is a year's rent as a share of the price, before costs.
Prahlad Nagar property rates
Prahlad Nagar costs about ₹8,150 per sq ft on average, the highest of the 6 localities here. It has gone from ₹6,200 in 2020 to ₹8,150 in 2025: up 31%. It also rose the most in 2025, by 6.5%.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹6,200 | ₹6,650 | ₹6,700 | ₹7,600 | ₹7,650 | ₹8,150 |
| Change | — | +7.3% | +0.8% | +13.4% | +0.7% | +6.5% |
What you should know about Prahlad Nagar
- The area: Prahlad Nagar is a premium residential-and-office area in West Ahmedabad, close to SG Highway and Sardar Patel Ring Road.
- Why prices moved: Offices are on its doorstep: Pinnacle Business Park and Safal Profitaire are here, and good road access to jobs draws tenants. Ahmedabad as a whole got dearer: city home prices rose about 45% in the five years to early 2024, helped by demand after COVID and buyers from nearby states.
- What to watch: Traffic on Corporate Road and scarce parking are the main complaints from residents.
- Who it suits: Buyers with a premium budget who want to live near their office.
- Rent: about 3% a year. A ₹1 crore home here would rent for roughly ₹25,000 a month.
- Outlook: our base case for 2030 is ₹11,000 per sq ft (range ₹9,500–₹11,200).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
Satellite property rates
Satellite costs about ₹7,700 per sq ft on average, the second-highest of the 6 localities here. It has gone from ₹5,950 in 2020 to ₹7,700 in 2025: up 29%. It rose 0.7% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹5,950 | ₹6,050 | ₹6,300 | ₹6,850 | ₹7,650 | ₹7,700 |
| Change | — | +1.7% | +4.1% | +8.7% | +11.7% | +0.7% |
What you should know about Satellite
- The area: Satellite is an established luxury area in West Ahmedabad, part of the city's CBD-West, along 132 Ft Ring Road and SG Highway. Almost all homes for sale are resale flats.
- Why prices moved: Being part of CBD-West, Satellite has strong rental demand. Ahmedabad as a whole got dearer: city home prices rose about 45% in the five years to early 2024, helped by demand after COVID and buyers from nearby states.
- What to watch: Residents report monsoon waterlogging and heavy traffic at ISKCON Junction and on SG Highway.
- Who it suits: Buyers who want a ready 3 or 4 BHK in a settled central-west area. Rental yields are low, at about 2%.
- Rent: about 2% a year. A ₹1 crore home here would rent for roughly ₹16,700 a month.
- Outlook: our base case for 2030 is ₹9,300 per sq ft (range ₹8,500–₹10,300).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
Thaltej property rates
Thaltej costs about ₹7,500 per sq ft on average, the third-highest of the 6 localities here. It has gone from ₹6,150 in 2020 to ₹7,500 in 2025: up 22%. It fell 0.7% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹6,150 | ₹7,000 | ₹7,000 | ₹7,500 | ₹7,550 | ₹7,500 |
| Change | — | +13.8% | +0.0% | +7.1% | +0.7% | −0.7% |
What you should know about Thaltej
- The area: Thaltej is a luxury area in West Ahmedabad on Sardar Patel Ring Road and SG Highway. Most homes are ready apartments, followed by villas and plots.
- Why prices moved: The metro's East-West line to Thaltej opened on 30 September 2022. Thaltej is a commercial hub next to Satellite, which keeps rental demand high.
- What to watch: Residents report monsoon waterlogging and heavy traffic on SG Highway.
- Who it suits: Buyers with a premium budget who want metro access in the west.
- Rent: about 2% a year. A ₹1 crore home here would rent for roughly ₹16,700 a month.
- Outlook: our base case for 2030 is ₹8,800 per sq ft (range ₹8,200–₹10,100).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
Bopal property rates
Bopal costs about ₹5,150 per sq ft on average, the fourth-highest of the 6 localities here. It has gone from ₹4,200 in 2020 to ₹5,150 in 2025: up 23%. It rose 4.0% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹4,200 | ₹4,200 | ₹4,300 | ₹4,200 | ₹4,950 | ₹5,150 |
| Change | — | +0.0% | +2.4% | −2.3% | +17.9% | +4.0% |
What you should know about Bopal
- The area: Bopal is a mid-segment area in West Ahmedabad next to Ghuma, Shela and South Bopal. It has apartments, villas and plots, and came inside Ahmedabad Municipal Corporation limits in 2020.
- Why prices moved: Ahmedabad as a whole got dearer: city home prices rose about 45% in the five years to early 2024, helped by demand after COVID and buyers from Madhya Pradesh and Rajasthan. Bopal lies along Sardar Patel Ring Road with business parks within about 7 km. Fair rents and nearby jobs draw tenants.
- What to watch: Civic services are still catching up. Residents have long reported waterlogging, and in August 2026 AMC drew up a storm-water drainage master plan for Ambli, Bopal, Ghuma and Shela.
- Who it suits: Families who want a ready flat in West Ahmedabad at mid-segment prices.
- Rent: about 4% a year. A ₹1 crore home here would rent for roughly ₹33,300 a month.
- Outlook: our base case for 2030 is ₹6,700 per sq ft (range ₹5,900–₹6,900).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
South Bopal property rates
South Bopal costs about ₹5,100 per sq ft on average, the fifth-highest of the 6 localities here. It has gone from ₹4,100 in 2020 to ₹5,100 in 2025: up 24%. It rose 4.1% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹4,100 | ₹4,300 | ₹4,500 | ₹4,700 | ₹4,900 | ₹5,100 |
| Change | — | +4.9% | +4.7% | +4.4% | +4.3% | +4.1% |
What you should know about South Bopal
- The area: South Bopal is a mid-segment area in West Ahmedabad next to Bopal and Shela. About 70% of its homes are apartments, and it is more developed than the rest of Bopal.
- Why prices moved: It is close to the offices of SG Highway, Thaltej and Bodakdev, which keeps rental demand up. Prices sit a step above the rest of Bopal but below nearby Ambli, Thaltej and Jodhpur.
- What to watch: Residents report waterlogging at some spots in the monsoon, irregular water supply and power cuts.
- Who it suits: Buyers and landlords who want a settled Bopal address with steady rental demand.
- Rent: about 5% a year. A ₹1 crore home here would rent for roughly ₹41,700 a month.
- Outlook: our base case for 2030 is ₹6,600 per sq ft (range ₹5,800–₹6,800).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
Shela property rates
Shela costs about ₹4,750 per sq ft on average, the most affordable of the 6 localities here. It has gone from ₹3,500 in 2020 to ₹4,750 in 2025: up 36%. It rose 1.1% in 2025.
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| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Rate per sq ft | ₹3,500 | ₹3,900 | ₹4,200 | ₹4,350 | ₹4,700 | ₹4,750 |
| Change | — | +11.4% | +7.7% | +3.6% | +8.0% | +1.1% |
What you should know about Shela
- The area: Shela is a developing mid-segment area in West Ahmedabad near Bopal and South Bopal, about 2 km from Sardar Patel Ring Road. Most homes on offer are under-construction apartments, many of them 3 BHK.
- Why prices moved: Land got much dearer: plot rates rose about 135% in the five years to mid-2025, against about 46% for flats. Rents are affordable, and the business centres of Thaltej, Bodakdev, Prahlad Nagar and Satellite are within 10 km, so Shela is popular with tenants.
- What to watch: Waterlogging. Heavy rain caused severe waterlogging in the Ambli-Bopal-Ghuma-Shela area in 2026, and AMC has drawn up a storm-water drainage master plan to build drains where none exist.
- Who it suits: Mid-income buyers who want a newer flat in the west for less than Bopal.
- Rent: about 4% a year. A ₹1 crore home here would rent for roughly ₹33,300 a month.
- Outlook: our base case for 2030 is ₹5,800 per sq ft (range ₹5,300–₹6,400).
About these figures: Property Nivesh estimates for apartments, per sq ft of super built-up area. Our team compiled them from public listing data and market reports for each year and rounded them to the nearest ₹50.
Ahmedabad property price forecast, 2026–2030
Short answer: probably up, at a steadier pace. Our base case puts the Ahmedabad average near ₹9,300 per sq ft by 2030, a rise of about 37% from today. Here is the full picture.
| Year | Low case | Base case | High case | Base-case growth |
|---|---|---|---|---|
| 2025 (actual) | — | ₹6,800 | — | — |
| 2026 | ₹7,000 | ₹7,300 | ₹7,300 | +6.8% |
| 2027 | ₹7,300 | ₹7,700 | ₹7,800 | +6.6% |
| 2028 | ₹7,500 | ₹8,200 | ₹8,300 | +6.4% |
| 2029 | ₹7,700 | ₹8,800 | ₹8,900 | +6.2% |
| 2030 | ₹8,000 | ₹9,300 | ₹9,500 | +6.1% |
Ahmedabad average rate per sq ft. Forecast values rounded to the nearest ₹100.
| Locality | 2025 rate | 2030 low | 2030 base case | 2030 high |
|---|---|---|---|---|
| Prahlad Nagar | ₹8,150 | ₹9,500 | ₹11,000 | ₹11,200 |
| Satellite | ₹7,700 | ₹8,500 | ₹9,300 | ₹10,300 |
| Thaltej | ₹7,500 | ₹8,200 | ₹8,800 | ₹10,100 |
| Bopal | ₹5,150 | ₹5,900 | ₹6,700 | ₹6,900 |
| South Bopal | ₹5,100 | ₹5,800 | ₹6,600 | ₹6,800 |
| Shela | ₹4,750 | ₹5,300 | ₹5,800 | ₹6,400 |
How we worked out the forecast
We kept it simple on purpose, so you can check it yourself. It rests on two numbers:
- A starting pace. For the Ahmedabad forecast that is the average yearly change in NHB's index for Ahmedabad over the last four quarters (7.0%). We use it because our tracker has the Ahmedabad average for 2020 and 2025, not for every year in between. Each locality starts from its own latest yearly rise.
- A long-run pace. We use 6.1% a year: the average yearly rise in NHB RESIDEX, the National Housing Bank's index of home values in 50 cities, over the 8 quarters from Q3 2024 to Q2 2026, as printed in NHB's press releases.
- Base case: growth starts at the starting pace and moves in equal steps towards the long-run pace, reaching it in year five. Fast markets tend to cool and slow ones tend to catch up.
- Low case: half the base-case growth each year. Think of a slower market or a few flat years.
- High case: the faster of the two paces, held for all five years.
That is all there is to it. The model does not know about interest rates, new supply, policy changes or a slowdown. Any of those can move prices well outside this range.
Please read before you use the forecast
- The forecast is based on our research and past rates only. It is an estimate, not a prediction you can rely on.
- It is not investment, financial, legal or tax advice, and it is not a recommendation to buy, sell or hold any property.
- Past growth does not guarantee future growth. Property prices can fall as well as rise.
- Rates are averages. A single project, tower or flat can be priced very differently.
- Talk to a qualified adviser and do your own checks (RERA registration, title, the builder's track record) before you decide.
How we get these rates
- What the numbers are: the Ahmedabad city average is the average asking price per sq ft across the projects and listings our team tracks. The locality figures are Property Nivesh estimates: our team compiled them from public listing data and market reports for each year, then rounded them to the nearest ₹50. A year without a reliable figure is left blank, never guessed. None of these are registered sale prices or government circle rates.
- One number per year: the Ahmedabad figures are our city average for 2020 and 2025; each locality below has a figure for every year we could pin down.
- Checked every month: we review the rates monthly. Once the current year has checks, its bar shows the average so far and is marked with a star (*). It firms up as the months come in.
- Who checks: the Property Nivesh Team writes these pages, and our editor reviews them before they go live. See our editorial policy and methodology.
- Sources: Property Nivesh price tracker and project pages; Property Nivesh estimates compiled from public listing data and market reports (locality figures); National Housing Bank, NHB RESIDEX press releases; GujRERA registered-project lists. NHB RESIDEX is a registered trademark of the National Housing Bank.
Questions people ask about Ahmedabad property rates
What are property rates in Ahmedabad right now? ＋
About ₹6,800 per sq ft on average (the city average on our tracker, 2025). Rates vary a lot by area: from ₹4,750 per sq ft in Shela to ₹8,150 per sq ft in Prahlad Nagar.
How much have property prices grown in Ahmedabad? ＋
Up 55% from 2020 to 2025 on our tracker, which works out to about 9% a year. Shela grew fastest of the areas on this page, by 36%.
Are property prices in Ahmedabad still rising in 2026? ＋
Yes, by the official measure. NHB's index for Ahmedabad was 7.9% higher in Q2 2026 than a year earlier. The pace is above the national 50-city figure (7.0%).
What is the property price forecast for Ahmedabad? ＋
Our base case puts the Ahmedabad average near ₹9,300 per sq ft by 2030, within a range of ₹8,000 to ₹9,500. It is a simple projection from past rates and the national trend, not a promise and not investment advice. The method is explained on this page.
Which area of Ahmedabad has the highest property rates? ＋
Of the 6 areas on this page, Prahlad Nagar is the priciest, at about ₹8,150 per sq ft in 2025. Satellite comes next at ₹7,700 per sq ft, and Shela is the most affordable at ₹4,750 per sq ft.
Is Ahmedabad a good place to invest in property? ＋
We don't give investment advice, but here are the numbers that matter. Prices grew about 9% a year from 2020 to 2025, and rents return about 3.4% of the price a year before costs. Compare those with what your money earns elsewhere, check the project's RERA registration and the builder's record, and plan for prices to move slower than they did recently.
What is the rental yield in Ahmedabad? ＋
About 3.4% a year before costs. In plain terms, a ₹1 crore home in Ahmedabad would rent for roughly ₹28,300 a month.
How often are these rates updated? ＋
We check them every month. When a year's checks come in, that year's bar shows the average so far, and the figure firms up as the months pass. The rates were last reviewed on 13 October 2026.
Property rates in other cities
- Mumbai property rates · ₹32,000 per sq ft
- Pune property rates · ₹10,500 per sq ft
- Jaipur property rates · ₹5,600 per sq ft
- Gurgaon property rates · ₹16,500 per sq ft
- Bengaluru property rates · ₹12,800 per sq ft
- All cities: property rates in India
More on Ahmedabad
Disclaimer: all figures are indicative and for general information. Property Nivesh is an independent research platform, not a broker or an agent for any developer. Rates, forecasts and project prices change, so confirm the current price with the developer and check RERA records before you pay anything.