RICH Property Solutions, Ahmedabad
Ahmedabad real estate market in 2026: prices, sales and supply
Updated
Ahmedabad's new-home market is steady in H1 2026. Home sales are at a first-half high since the pandemic, the average price is ₹4,826 per sq ft and up 3%, and unsold stock has grown 10%. Figures are from Knight Frank's H1 2026 report.
Ahmedabad's property market in numbers
- Homes sold
- 9,581Up 2% on H1 2025, the highest first half since the pandemic
- New homes launched
- 11,077Up 3%
- Average price
- ₹4,826 per sq ftUp 3% in twelve months
- Unsold homes
- 37,727Up 10%
- Time to sell the stock
- 8.1 quartersUp from 7.6 a year earlier, the longest of the eight cities
Source: Knight Frank, India Real Estate Office and Residential Market, H1 2026, Ahmedabad market summary. The figures cover the new-home market and not resale.
Prices
The average price in Ahmedabad is ₹4,826 per sq ft, up 3% in twelve months. Knight Frank calls it the most affordable major residential market among India's top eight cities. It also reports positive price growth in every tracked market in H1 2026 and says developers have resisted formal price cuts, using payment plans, stamp duty waivers and higher channel partner commissions instead. The price you pay can therefore differ from the headline price.
Supply and demand
Sales reached 9,581 homes in H1 2026 and launches reached 11,077, so launches ran ahead of sales and unsold stock rose 10% to 37,727 homes. At the recent sales pace it would take 8.1 quarters to clear that stock, the longest of the eight cities. For a buyer this means a wide choice of projects and room to negotiate on terms.
Interest rates
The repo rate stood at 5.25% through H1 2026 after 125 basis points of cuts, and the Reserve Bank held in February and June. Knight Frank says the rate tailwind has largely run its course, so a change in your own loan rate now matters more than waiting for a cut.
Offices and rent
Average office rent in Ahmedabad is ₹45 per sq ft per month in H1 2026, up 3% in twelve months. Knight Frank's H2 2025 report says office demand along SG Highway and the SP Ring Road belt supports housing demand in the western and northern suburbs.
What is shaping the market
- Metro. Phase 2 was fully commissioned on 11 January 2026, with the Yellow Line from Motera Stadium to Mahatma Mandir. Knight Frank puts the network at about 67 km across four lines.
- Commonwealth Games 2030. Ahmedabad was confirmed as host in November 2025, with about 650 acres being acquired around Motera, Sughad, Bhat and Koteshwar for a sports enclave.
- GIFT City. Knight Frank counts over 600 registered entities and over 25,000 professionals working there, and links this to housing demand around it.
- City growth. The municipal area has grown from 186 sq km in 2006 to nearly 500 sq km, with a proposal to go above 700 sq km.
Where to go next
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Questions people ask
What is the real estate market in Ahmedabad like in 2026?
Steady. Knight Frank's H1 2026 data shows 9,581 homes sold, the highest for any first half since the pandemic, and 11,077 new homes launched. The average price rose 3% to ₹4,826 per sq ft, and unsold stock rose 10% to 37,727 homes.
What is the average property price in Ahmedabad?
₹4,826 per sq ft in H1 2026, up 3% in twelve months (Knight Frank). Knight Frank calls Ahmedabad the most affordable major residential market among India's top eight cities. Prices vary widely by area and project.
Is Ahmedabad real estate a good investment?
The data supports a steady, long-hold view, not a quick gain. Prices are rising slowly and the city is the most affordable of the eight, while stock is building up. Area, project and holding period matter more than the city average.
How long would it take to sell the unsold homes in Ahmedabad?
8.1 quarters at the current sales pace in H1 2026, up from 7.6 a year earlier and the highest of the eight cities Knight Frank tracks.
Do interest rates affect the Ahmedabad property market?
Yes. The repo rate stood at 5.25% through H1 2026 after 125 basis points of cuts, and the Reserve Bank held in February and June. Knight Frank says the rate tailwind has largely run its course.
Data checked 18 October 2026. Sources: Knight Frank H1 2026 (Ahmedabad section and market summary); Knight Frank H2 2025.
This page is general information. It is not legal, tax or investment advice. We read the documents with you, and your own lawyer and chartered accountant go through them too.
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