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Ahmedabad MarketBeat Reports

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

Office: Strong leasing demand in Q4 2022 was driven by flexible workspaces, which contributed to a 47% share in annual leasing followed by IT BPM and engineering & manufacturing contributing to 11% each. This quarter witnessed a gross leasing volume (GLV) of 0.21 msf, leading to a remarkable 80% y-o-y growth. Download the recent Ahmedabad MarketBeat reports below.

Residential: In Q4 2022, the residential market in Ahmedabad witnessed a launch of 4,750 units, bringing a 17% rise on a q-o-q basis and a 37% growth as compared to the same period in 2021. The annual launches were mainly driven by the mid and affordable segments with a share of 49% and 40% respectively. Download the recent Ahmedabad MarketBeat reports below.

RetailIn Q4 2022, Ahmedabad witnessed a healthy leasing activity in the form of retailer churn. Leasing in superior malls is driven mainly by fashion and accessory stores, overall vacancy in the city stood at 22.5%, in Q4, however, superior malls recorded a lower vacancy of approximately 11%. Main streets saw good leasing activity in the last quarter, keeping up with the momentum of the previous quarters.

Learn more by clicking our most recent Ahmedabad MarketBeat reports below.


Office Buildings CBD
Ahmedabad Office Report

This year saw a stock addition of 3.25 msf coming mainly from the SBD submarket. Quoted rents have seen a 4-5% increase overall, backed by improving leasing activity. A strong supply is expected in the coming quarters, which may keep rentals range bound in the city.

Click here to download the report

Shopping Retail
Ahmedabad Retail Report

In Q4 2022, superior malls quoted the same rentals, with a marginal rise in the recent past owing to healthy demand for quality mall space and high occupancy rates. Improving footfalls, and sales volumes are likely to boost leasing activity, leading to rental growth in the coming quarters.

Click here to download the report

Warehouse Internal Rack
Ahmedabad Residential Report

Backed by strong demand, in Q4 2022 Ahmedabad saw growth in quoted price by 3-4% on a q-o-q basis. The price rise is mainly attributed to the robust sale momentum of the complete year.


Warehouse Internal Rack
India Investment Report

The third quarter recorded private equity investment inflows of INR 131.2 bn (USD 2.27 bn), a near 1.3x growth in investment receipts as compared to the previous quarter and same period last year (Q3-21).


Warehouse Internal Rack
Ahmedabad Industrial Report

The first half witnessed an improved industrial & warehouse leasing in the city of Ahmedabad, a 19% growth from H2 2021 was recorded. 3PL and manufacturing were driving this growth. With a rise of approximately 15% compared to last year’s, the coming half is showing promises of yielding more leasing activity and higher demand.



Insights • Economy

India on the Cusp of Growth: Infrastructure Drivers in the Next Decade

India is at the cusp of growth with the infrastructure sector playing a significant role in economic advancement of the country. The government has been focusing on initiating policies to ensure the creation of world-class infrastructure in a timely manner.
Data Centre India webinar
Insights • Data Center

WEBINAR | The Future of Colocation in a World Undergoing Digital Transformation

Organizations across the world are evolving their flexible work environments by moving their workloads into a mix of on-premises, colocation setups, public cloud, or private cloud solutions. 
Vivek Dahiya • 16/08/2022
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