Ahmedabadโs housing market showcased a robust performance in the first half of 2025, with a 3% increase in sales and a 7% rise in average property prices, even as new project launches saw a significant dip.
Ahmedabadโs residential real estate market is performing well, with sales and prices climbing in the first half of 2025. This article breaks down the numbers and what the future holds for developers and homebuyers.
Real Estate Market in Ahmedabad Proves Resilient
Ahmedabadโs real estate sector is a story of resilience and strong demand. A recent report from the Confederation of Real Estate Developersโ Associations of India (CREDAI) and CRE Matrix shows that despite a sharp 61% drop in new housing units being launched, the cityโs primary housing market saw a 3% increase in sales in the first half of 2025.
This is a clear indicator that existing inventory is being absorbed and that buyers are ready to invest, even with limited new options.
The Numbers Tell a Compelling Story
The report highlights that the total value of primary units sold in Ahmedabad increased by a solid 10% in the first half of 2025 compared to last year.
This is a clear sign that while the number of homes sold is up, the average ticket size has also grown, indicating buyers are opting for more expensive properties. The average property price has seen a 7% increase, reflecting both strong demand and higher construction costs.
- Strong Sales Volume: Approximately 25,000 primary units were sold, placing Ahmedabadโs sales volume close to that of the entire National Capital Region (NCR).
- Increased Average Price: The average ticket size has seen an upward trend, with the total sales value reaching โน21,849 crore.
- Developer Caution: The drop in new launches is a cautious move by developers who have decided to defer new projects, partly due to a slight dip in market sentiment and a wait-and-watch approach.
Looking Ahead: The Festival Season and Beyond
Chitrak Shah, Chairman of CREDAI Ahmedabad, believes the market is set to bounce back with more new launches in the coming quarter. โThe next quarter will see more launches in the city because of the festival season and good monsoon and liquidity,โ he said.
The recent interest rate cuts are also expected to positively influence the market by making home loans more affordable. For homebuyers, this is a good time to consider their options, as a new wave of projects is likely to hit the market soon.
The demand for homes priced under โน70 lakh has also seen a slight increase, showing that the market is not just driven by luxury but also by the needs of the middle-class segment.
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