Explore Ahmedabadโs contrasting real estate landscape: a 3% rise in housing sales and a 7% average price increase amidst a sharp 61% decline in new project launches.
Ahmedabad, India โ The real estate market in Ahmedabad presents an intriguing picture: a modest 3% increase in housing sales and a 7% rise in average property prices during the first half of 2025, even as new project launches plummeted by a staggering 61%.
This data, released in a report by the Confederation of Real Estate Developersโ Associations of India (CREDAI), showcases the cityโs unique market dynamics.
Developers in Ahmedabad have largely opted to postpone new project introductions, leading to a significant reduction in available housing units.
However, existing inventory continues to find buyers, pushing up sales values and average ticket sizes. This scenario suggests a demand-driven market where buyers are actively acquiring available properties, contributing to price appreciation.
Key Insights:
- Sales Up, Launches Down: Housing sales increased by 3% while new launches dropped by 61% in H1 2025 compared to H1 2024.
- Rising Property Values: The average ticket size for homes in Ahmedabad saw a 7% upward trend.
- Increased Sales Value: The total value of primary units sold surged by 10% year-on-year, reaching โน21,849 crore.
- Affordable Segment Growth: The market share of properties priced under โน70 lakh increased by 2 percentage points.
- Future Outlook: CREDAI Ahmedabad anticipates more new launches in the coming quarter, driven by interest rate reductions, the festive season, and favorable monsoon conditions.
This dynamic illustrates how market sentiment, coupled with strategic developer decisions, can shape a cityโs real estate trajectory. The upcoming months will be crucial in determining if the deferred launches will translate into a fresh wave of supply to meet the sustained demand.
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