Ahmedabad is among the most sought-after affordable housing hubs in India, offering ample apartments, independent homes, and land parcels. Home to eminent educational institutions, the city boasts IIM, Gujarat University, and CEPT University. With diverse commercial establishments, Ahmedabad has emerged as a prominent exporter of cloth, gems and jewellery.
Property rates in East Ahmedabad
Areas, such as Naroda, Nava Naroda, Vastral, and Bapunagar, have affordable homes priced between Rs 2,500 per sq ft and Rs 3,500 per sq ft. Here, upscale housing hubs start at Rs 3,500 per sq ft for localities such as Nikol, Khokhara, New India Colony, and Amraiwadi. Naroda, Vastral, Nikol, and New Maninagar offer a large number of residential apartments; Naroda and Nava Naroda also offer a few builder floors. Naroda, Bapunagar, Vastral, and Amraiwadi have numerous villas.
Property rates in North Ahmedabad
Adalaj, Vadsar, and Dudheshwar are mid-segment housing hubs with property rates between Rs 3,500 per sq ft and Rs 4,000 per sq ft. Property prices in premium housing localities, such as Gota, Chandkheda, Jagatpur, and Sabarmati, start at Rs 4,000 per sq ft. The housing inventory of SG Highway, Gota, Vaishnodevi Circle, and Chandkheda is primarily comprised of residential apartments. A few villas are also available in Chandkheda, Motera, and SG Highway.
Property rates in South Ahmedabad
Property rates in affordable locales, such as Hathijan, Narolgam, and Vinzol, are typically up to Rs 2,500 per sq ft. Narol, Vatva, Jasodanagar, and Changodar are among mid-income housing groups with residential units priced between Rs 2,500 per sq ft and Rs 3,000 per sq ft. Maninagar, Uttamnagar, Isanpur, Sarkhej, and Kankaria comprise high-end residential hubs with property rates starting Rs 3,000 per sq ft. Maninagar, Vatva, Narol, and Ghodasar primarily offer residential apartments. While Ghodasar, Vatva, Isanpur, and Maninagar offer a few villas, Bavla offers land parcels in abundance.
Property rates in West Ahmedabad
Sanathal, Ghuma, Sanand, Juhapura, Nava Vadaj, and Jivraj Park constitute affordable locales priced up to Rs 4,500 per sq ft. Mid-segment areas, such as Shela, South Bopal, Shilaj, and Nirnay Nagar, offer properties priced between Rs 4,500 per sq ft and Rs 6,000 per sq ft. Property prices for premium localities, such as Paldi, Thaltej, Satellite, and SG Highway, start at Rs 6,000 per sq ft. SP Ring Road (West) has a mixed housing inventory of residential apartments, villas and a few builder floors and plots. Areas along SG Highway have the highest concentration of residential apartments whereas Sanand, and South Bopal offer numerous land pockets.
Q. Which localities saw highest price growth in Ahmedabad in last 3 years?
Odhav (51.1%), Khodiyar (50.0%), Gurukul (36.3%) are the localities with the highest price appreciation for property in last 3 years. You can check the price trend of flats, builder floor & residential plot/land of these localites on 99acres.com.
Q. Which are the most popular affordable societies to buy a property in Ahmedabad
Bakeri Swareet Apartments (₹ 4,300 per sq ft), Trilokesh Riverside Park (₹ 4,000 per sq ft), Shubhdarshan Apartment (₹ 4,250 per sq ft), Shivalik Sharda Park View 2 (₹ 4,550 per sq ft), Sheladia Sarva (₹ 4,450 per sq ft) are some of the affordable societies for buying a property in Ahmedabad.
Q. Which are the affordable areas in Ahmedabad
Sarkhej Okaf (₹ 4,300 per sq ft), Manipur (₹ 3,700 per sq ft), Sanathal (₹ 3,700 per sq ft), Hathijan (₹ 2,500 per sq ft), Sanand (₹ 3,100 per sq ft) are some of the popular affordable areas in Ahmedabad.
Q. Where in Ahmedabad can investors earn highest rental income?
Narol (7.6%), Vatva (6.8%), Ramdev Nagar (5.3%), Khodiyar (5.2%), Shela (4.6%) are some of the areas that offer highest rental returns in Ahmedabad.
Q. What are the factors that influence property rates in Ahmedabad?
Several factors influence property rates in Ahmedabad. The key factors include the location's proximity to amenities, infrastructure development, demand and supply dynamics, economic growth, and the overall real estate market conditions.