Property Rent Rates & Price Trends in Ahmedabad - 2020
Within Gujarat, Ahmedabad is a market with potential. Businesses and job markets within this market are growing and this has attracted professionals to the rental market in Ahmedabad. manufacturing, hospitality, IT/ITes establishments keep the demand pouring.
/nIf you are looking at a property on rent in Ahmedabad, note the following:
Popular configurationOut of over 13,500 properties listed for rent, 3BHK units are more popular. There are over 7,200 properties which are 3BHK units on rent. This is followed by 2BHK units with over 4,400 units on rent. Larger configurations are thus popular in this market.
Affordable properties on rentLooking for property on rent within Rs 20,000 per month? You could turn to locations like Changodar, Sarkhej Road, Sardar Nagar, Chandkheda, Anandnagar Road, Maninagar, Navrangpura etc where you can get smaller configurations such as a 1BHK or 2BHK on rent for less than Rs 10,000 per month. If your budget allows you to spend up to Rs 20,000, look at Science City, Prahlad Nagar, Near Vaishno Devi Circle, Makarba, Memnagar, Gurukul, South Bopal etc. You can choose between apartments or even villas.
Rental properties in most liveable localitiesRanip, which enjoys a 10 on 10 liveability score has properties in the range of Rs 8,000 per month and above. Chandkheda, Chanakyapuri and Narayanpura are other locations where property prices can go up to Rs 45,000 per month.
Furnished homes on rentClose to 3,000 properties are on rent in Ahmedabad that are fully furnished. Monthly rents may range anywhere between Rs 8,000 to Rs 1.70 lakh. Prices are determined by the size of the unit, quality of construction, location, amenities and other finer aspects. You may click here to see all the fully furnished homes on rent in Ahmedabad.
Luxury homes on rentIf you are looking at luxury homes on rent in Ahmedabad, you can turn to Ambli, Sindhubhavan Road, Bodakdev, SP Ring Road, Bopal, Shilaj Road, Vastrapur, Prahlad Nagar etc where monthly rent may go up to Rs 2 lakh based on the amenities provided to the tenant. Also note that security deposits may go up to Rs 2.5 lakh or more.
Villas on rent in AhmedabadAhmedabad property market also gives you a lot of choice when it comes to properties on rent. You can choose from 855 villa developments and independent homes. The rent per month may range between Rs 5,000 for a 1BHK independent home in Sarkhej Road to even as much as Rs 1.70 lakh for a 5BHK villa in Sindhubhavan Road. Some of the other popular localities for villa projects and independent homes include SP Ring Road, Bopal, Shilaj Road, Vastral, Prahlad Nagar, Thaltej, Ranip etc.
Zone-wise popular localitiesPrahlad Nagar, Makarba and Near Vaishnodevi Circle along SG Highway are the top picks with maximum property options if you are looking at a property near SG Highway. Add to this list localities close to Nirma University if you are planning on renting a property.
- In Khokra Circle, look at properties in Rajeswari Society, Chandralok Society and Jay Krishna Society for both buy and renting.
- Near Sanand, Sanand Heights Society, Sukhram Nagar Society, and Holi Chakla are popular.
- In East Ahmedabad, Maninagar, Vastral, Odhav and SP Ring Road are popular picks if you are looking to rent.
- Along SG Highway, Ambawadi, Motera Stadium Road and Naranpura Road have maximum listings when it comes to units on rent.
The annual rental yield in Ahmedabad is 3.48 per cent. This means you could recover 3.48 per cent of the property cost in a year if you put the property on rent. This calculation is based on the average rates in the city and is not fixed.
.Locality Name | Rental Rates | |||||
---|---|---|---|---|---|---|
1 BHk | 2 BHK | 3 BHK | ||||
Rent range | Avg rent | Rent range | Avg rent | Rent range | Avg rent | |
Bopal | 16,000 | 16,000 | 15,000 - 50,000 | 29,250 | 13,000 - 1.8 L | 29,867.65 |
Shela | 14,500 | 14,500 | 15,000 - 17,000 | 16,000 | 15,000 - 65,000 | 23,375 |
Gota | 6,501 - 17,200 | 11,630.79 | 14,000 - 15,000 | 14,500 | 35,000 | 35,000 |
Chandkheda | 8,000 | 8,000 | 10,000 - 25,235 | 16,890.71 | 15,000 - 30,000 | 20,500 |
Thaltej | 8,500 - 9,000 | 8,750 | 20,000 - 30,000 | 25,000 | 36,000 - 1.1 L | 57,285.86 |
Bodakdev | 45,000 - 45,001 | 45,0.5 | 26,000 - 27,000 | 26,500 | 23,000 - 50,000 | 33,600 |
Prahlad Nagar | 6,500 - 15,000 | 10,000 | 18,000 - 23,000 | 20,200 | 55,000 - 90,000 | 68,333.33 |
South Bopal | 12,000 | 12,000 | 25,000 | 25,000 | 15,000 - 35,000 | 21,58.82 |
Jodhpur | 10,000 - 12,500 | 11,500 | 12,000 - 26,000 | 18,700 | 20,000 - 55,000 | 42,312.5 |
Satellite | 15,000 | 15,000 | 4,990 | 4,990 | 20,000 - 97,000 | 34,700.42 |
Shilaj | 10,000 | 10,000 | 10,000 - 30,000 | 18,964.31 | 24,000 - 70,000 | 54,666.67 |
Motera | 5,000 | 5,000 | 18,000 | 18,000 | 12,000 - 35,000 | 22,166.67 |
Vejalpur | 9,000 - 12,000 | 10,916.67 | 16,000 - 24,000 | 18,500 | 15,750 - 19,000 | 17,375 |
Ambli | - | - | 16,000 | 16,000 | 22,000 - 1.5 L | 59,500 |
Vastrapur | 5,000 - 28,000 | 12,249.94 | 18,000 - 30,000 | 24,000 | 35,000 - 36,000 | 35,500 |
Makarba | 8,000 | 8,000 | 11,000 - 40,000 | 21,706.64 | 36,000 | 36,000 |
Near Nirma University On SG Highway | 8,000 - 17,000 | 12,352.38 | 8,500 - 29,000 | 16,86.67 | 22,000 | 22,000 |
Sanand | 7,500 - 9,000 | 8,166.67 | 12,000 - 15,000 | 13,400 | 11,000 - 17,000 | 14,555.22 |
Vastral | 7,500 | 7,500 | 8,000 - 15,000 | 12,000 | 15,000 - 20,000 | 17,500 |
Ambavadi | 17,000 | 17,000 | 40,000 | 40,000 | 35,000 | 35,000 |
Ghatlodiya | 5,000 - 12,000 | 7,969.23 | 13,000 - 20,000 | 14,583.33 | 18,000 - 43,000 | 30,500 |
Ghuma | - | - | 10,000 - 11,500 | 10,750 | 14,000 - 20,000 | 17,714.29 |
Jodhpur Village | 9,000 - 27,000 | 16,250 | 15,500 - 30,000 | 22,200 | 20,000 - 1.4 L | 34,174.59 |
Paldi | 10,000 | 10,000 | 25,000 | 25,000 | 30,000 - 55,000 | 42,500 |
Navrangpura | 3,000 | 3,000 | 17,000 - 25,000 | 21,000 | 30,000 | 30,000 |
Science City | 12,500 | 12,500 | 18,000 - 20,000 | 19,000 | 22,000 - 38,000 | 31,000 |
Nikol | 4,000 - 7,000 | 5,500 | 8,000 - 20,000 | 10,535.71 | 15,000 | 15,000 |
Nava Naroda | 6,500 | 6,500 | 6,500 - 18,000 | 9,518.18 | 8,500 | 8,500 |
Naranpuraa | 10,000 | 10,000 | 15,000 | 15,000 | 25,000 | 25,000 |
Memnagar | 12,000 | 12,000 | 17,500 - 23,000 | 20,166.67 | 50,000 | 50,000 |
Maninagar | 7,500 | 7,500 | 18,000 | 18,000 | 25,000 | 25,000 |
Ranip | 7,500 - 8,001 | 7,750.5 | 9,999 - 22,000 | 13,995.79 | 12,000 - 30,500 | 18,050 |
Near Vaishno Devi Circle On SG Highway | 6,000 - 18,000 | 11,400 | 10,000 - 25,000 | 14,565.36 | 16,000 | 16,000 |
Jagatpur | 8,500 - 16,000 | 12,000 | 10,500 - 30,000 | 18,88.24 | 15,000 - 63,000 | 24,857.14 |
Vasna | 8,000 - 15,000 | 11,500 | 12,500 | 12,500 | 16,000 - 40,000 | 28,000 |
Sola | 7,500 | 7,500 | 12,500 - 25,000 | 18,583.33 | 20,000 - 55,000 | 30,666.67 |
New Ranip | 7,000 - 11,500 | 9,250 | 16,000 | 16,000 | 15,000 | 15,000 |
Sanathal | - | - | - | - | 20,000 - 30,000 | 23,333.33 |
Gurukul | 9,000 - 12,000 | 11,000 | 15,000 - 30,000 | 20,625 | 35,000 - 50,000 | 42,500 |
Tragad | 8,000 - 8,500 | 8,250 | 9,500 - 20,000 | 13,833.33 | 13,000 - 30,000 | 17,944.44 |
Jivraj Park | 7,000 - 10,000 | 8,250 | 12,000 - 20,000 | 14,750 | 23,000 | 23,000 |
Narolgam | 5,500 - 6,000 | 5,833.33 | 7,000 - 25,000 | 11,631.58 | 12,000 | 12,000 |
Chanakyapuri | 7,000 | 7,000 | 20,000 | 20,000 | 30,000 | 30,000 |
Naroda | 40,000 | 40,000 | 9,500 | 9,500 | 11,000 | 11,000 |
Vatva | 3,000 - 5,000 | 4,000 | 6,000 - 8,000 | 7,375 | 10,000 | 10,000 |
Amraiwadi | 5,000 | 5,000 | 10,000 - 25,000 | 17,88.24 | 12,000 - 25,000 | 18,650 |
Manipur | - | - | - | - | 15,000 - 2.1 L | 82,333.33 |
Ellisbridge | 10,000 | 10,000 | 20,000 - 27,000 | 23,142.86 | 26,000 - 75,000 | 47,666.67 |
Kudasan | - | - | 11,000 | 11,000 | 21,000 | 21,000 |
Gulbai Tekra | - | - | 20,000 | 20,000 | 33,000 | 33,000 |
Ghodsar | 4,200 | 4,200 | 18,000 | 18,000 | 18,000 | 18,000 |
Juhapura | 10,000 - 13,500 | 10,900 | 8,000 - 24,000 | 16,775 | 26,000 | 26,000 |
Chandlodia | - | - | 15,000 | 15,000 | 15,000 - 18,000 | 16,666.67 |
Odhav | 7,500 | 7,500 | - | - | 16,000 | 16,000 |
Shahibuag | 9,000 - 15,000 | 12,600 | 20,000 | 20,000 | 11,000 - 35,000 | 25,363.64 |
Isanpur | - | - | 8,000 - 9,000 | 8,500 | - | - |
New Maninagar | 5,500 | 5,500 | 10,000 - 14,100 | 12,050 | - | - |
Shahibaug | 15,000 | 15,000 | 17,000 - 24,500 | 20,750 | 22,000 - 55,000 | 34,937.5 |
Rancharda | - | - | - | - | - | - |
Bapunagar | 11,300 | 11,300 | 8,500 | 8,500 | 26,000 | 26,000 |