CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Ahmedabad MarketBeat Reports

Suvishesh Valsan • 10/04/2025
Cushman & Wakefield Ahmedabad MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

CURRENT MARKETBEAT

Office Buildings CBD
Ahmedabad Office Report

Ahmedabad office market recorded gross leasing volume (GLV) of ~70,000 SF in Q1 2025. Leasing was driven by IT–BPM, holding a 68% share, followed by professional services firms (18%) and flexible workspace operators (12%). No new supply led to decreased vacancy rate of 24%. At a sub-market level, CBD and SBD witnessed ~24% vacancy each, while the GIFT City witnessed only ~7%. Quoted rents in some of the buildings in SBD and GIFT City sub-markets rose by 5-10% q-o-q.

Click here to download the report

Shopping Retail
Ahmedabad Retail Report

Ahmedabad saw retail leasing volume of ~50,000 SF in Q1 2025. Main streets led with an 87% share while the remaining was contributed by malls. Fashion stores dominated with ~53% share. Mall leasing was largely concentrated around fashion, accounting for a ~90% share. Muted mall supply led to a decline in mall vacancy rates, with superior grade malls witnessing tight vacancies in the range of 2-4%. Main street rentals between Sarkhej to Thaltej locations grew 5-6% q-o-q and 2-3% on Sindhu Bhavan Road and C.G. Road.

Click here to download the report

Warehouse Internal Rack
Ahmedabad Residential Report

Ahmedabad witnessed new supply of 5,226 residential units in Q1-25. GIFT City sub-market led with 32% share, while West Peripheral and North Peripheral sub-markets comprised 28% and 24% share, respectively. Mid segment sustained dominance, capturing 60% share while the high end segment reported ~1,800 unit launches, a 3x q-o-q growth. Capital values for high-end category appreciated 10-12% y-o-y in the West sub-market. Rental values increased 20-25% y-o-y in the North and East sub-markets.

CLICK HERE TO DOWNLOAD THE REPORT

Warehouse Internal Rack
Ahmedabad Industrial Report

Ahmedabad saw warehouse leasing of ~0.5 MSF in H2 2024, 85% higher than H1-24. Changodar and Kheda were the top two sub-markets with a 50% and 31% share, respectively. Engineering and manufacturing led with 37% share, followed by E-commerce (31%) and 3PL (17%) firms. Ahmedabad witnessed 0.2 MSF of industrial leasing. Sanand led with a 71% share, followed by the Changodar sub-market (26% share). Land values appreciated at an average of 20-25% y-o-y.

CLICK HERE TO DOWNLOAD THE REPORT

Warehouse Internal Rack
India Capital Market Report

Cushman & Wakefield India Capital MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Click here to download the report

RELATED INSIGHTS

Premiumisation
Research

Premiumisation of India's Retail Sector: Upscaling, Upgrading and Evolving

A young population and its growing wealth are catalysts for India’s retail sector to transition towards Premiumisation.
Suvishesh Valsan • 15/04/2025
Fit Out Cost Guide 2025_Web Card.jpg
Insights • Workplace

Office Fit Out Cost Guide

In this guide we provide you with a comprehensive office fit out cost breakdown. Read on to find out more.
Dominic Brown • 05/03/2025
Reworking the office
Research • Workplace

REWORKING the Office Asia Pacific

Our ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Khurshed Gandhi • 03/11/2023

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS