Thursday, March 12


Ahmedabad: Housing sales in the city are seeing steady expansion on the back of infrastructure growth and rising investor interest. With sales touching around Rs 67,000 crore in 2025, Ahmedabad accounted for 8% of India’s primary residential real estate sales value, according to a Credai report.The report said India’s primary residential market recorded sales of more than 6.14 lakh units in 2025, translating into nearly Rs 8.44 lakh crore in sales value. Ahmedabad emerged as a key market within that national performance, supported by its position as a rapidly growing economic hub and its ranking of third on the ease of living index.Credai said Ahmedabad’s housing market has shown consistent price growth, with a 3.4% compound annual growth rate in prices in the last five years. The city’s house price index also registered a 2.9% rise in 2025, reflecting what the report described as strong market resilience driven by robust demand, economic expansion and infrastructure development. Ahmedabad’s air quality index of 130, classified as moderate, was also noted in the report.The city’s residential supply and sales are currently led by 3BHK apartments, followed by 2BHK units. Viral Shah, secretary, Credai-Gujarat said, “In Ahmedabad, 3BHK leads the new supply by a wide margin, largely in the sub Rs 50 lakh-Rs 1 crore segment. 2BHKs follow with strong affordable and mid-segment presence, while 4BHKs cater mainly to premium brackets. Rest of all see minimal additions.”Sales were highest in the Rs 50 lakh-Rs 75 lakh segment with 10,923 units, followed by the Rs 75 lakh-Rs 1 crore category (6,969 units) and the Rs 1 crore-Rs 1.5 crore segment (5,300 units). Unsold inventory was also highest in the same price bands. The Rs 50 lakh-Rs 75 lakh segment had 23,967 unsold units, followed by 16,195 units in the Rs 75 lakh-Rs 1 crore category and 13,269 units in the Rs 1 crore-Rs 1.5 crore segment, the report said. At the national level, premium housing continued to dominate value terms in 2025. Homes priced above Rs 1 crore contributed nearly 78% of total sales value, while the Rs 2 crore-plus segment alone accounted for more than half of the value share. The report also said Tier 2, Tier 3 and Tier 4 cities are increasingly emerging as academic, logistics, warehousing and manufacturing hubs, aided by improved connectivity under the Gati Shakti mission. India’s real estate sector is currently estimated at Rs 23.5 trillion, or 7.1% of GDP, with the residential segment accounting for 83% of the market at about Rs 19.5 trillion.



Source link

Share.
Leave A Reply

Exit mobile version