Ahmedabad Real Estate News

Property records, and the money behind them

News and analysis only. Published by Kamal Thakkar & Co., loan consultants — Ahmedabad property read from the lending side. We do not buy, sell, rent, lease or broker property. We are not realtors, builders or developers, and we hold no interest in any transaction we report.

Issue 01 · September 2026

211 projects, six months, one record

Covering registrations from December 2025 to May 2026

This is the first issue. It sets out what the Gujarat RERA register shows for Ahmedabad over six months — how many projects were registered, what kind, and where. Everything below is a count of public records. None of it is a view on price, value or returns.

The period in numbers

211projects registered
90residential / group housing
84mixed development
32commercial

Three plotted developments were registered in the period, and two records carried no project type.

Registrations by month · Ahmedabad
Dec 2025
38
Jan 2026
53
Feb 2026
26
Mar 2026
37
Apr 2026
37
May 2026
19

Source: Gujarat Real Estate Regulatory Authority project registrations, compiled by Ahmedabad Real Estate News.

Monthly counts ran 38, 53, 26, 37, 37, 19. That is variation within a range, not a trend. January was the heaviest month and May the lightest, and six months is too short a run to call either a direction.

Where the registrations are

Localities with the most registrations over the six months:

LocalityRegistrations
Naroda10
Ghatlodia6
Vastral6
Science City6
Ognaj5
Kathwada5
Ambawadi5
Nikol5
Vatva4

Naroda leads the table on its own, and the eastern names — Naroda, Vastral, Nikol, Kathwada, Vatva — account for more of the top of this list than the western premium belt does. That is a count of new supply entering the regulated market. It is not a statement about demand, price or absorption in any of those areas.

May 2026 in full

Every project registered in the closing month of the period, in date order.

ProjectPromoterTypeLocalityRegistered
Stellar Business ParkStellar ProjectsCommercialKathwada1 May
Shivalay 33Bansi DevelopersResidentialVatva1 May
Omnium LotusLotus LandspacesMixedNaroda1 May
Rashmi AnantaRashmi Vallabh InfraconResidentialNot stated5 May
North StepShivay BuildconCommercialManinagar5 May
Silicon ValleyKK InfraMixedNot stated5 May
NB ParvaNB Infracon LLPMixedNot stated5 May
Keshvam EvoqPratham DevelopersResidentialRanip5 May
Shivanta StarShivay DevelopersMixedNaroda5 May
EWS 70Ahmedabad Municipal CorporationResidentialNaroda5 May
ShyamantakShree DevelopersMixedNavrangpura5 May
Enrise GlanceSamipya Realty LLPCommercialMakarba6 May
Satatya SkydenRajkamal Builders InfrastructureMixedNaranpura8 May
Sona SerenityShree ShyamMixedVatva11 May
EvaraEvara Infraspace LLPMixedGota11 May
The AuralisSatyenza Skyshiv BuildinfraMixedOgnaj11 May
Fifth ElementShankara VenturesMixedShilaj12 May
Empire Textile ParkSheladia Textile Park LLPCommercialNot stated13 May
Ashtvinayak Land MarkJaiswal Worldwide LLPCommercialNot stated14 May

One record in the month is a municipal corporation scheme rather than a private promoter. It is included because it is in the register.

The Loan Consultant View

The same table reads differently from the side that funds it.

Mixed development is the majority of what is being registered, and it is the harder structure to fund. Of the 56 projects registered in April and May, 23 were mixed development against 22 purely residential. A mixed scheme asks a lender to take a view on two demand streams at once — housing that sells unit by unit, and commercial that leases over a longer and less predictable horizon. Lenders generally underwrite the residential component on its own merits and treat the commercial as the part that must survive being slow.

Commercial-only projects were 11 of those 56. A purely commercial scheme has no unit sales to fund construction, so the promoter's own contribution matters more and the repayment case rests on leasing assumptions the lender will test at a slower pace than the promoter's projection.

Where the registrations are clustering is not where home loan files move fastest. Naroda, Vastral, Nikol, Kathwada and Vatva lead this period's counts. Projects in those belts are more often first-time or smaller promoters, which usually means the project is not yet on any bank's approved project list — so each buyer's home loan triggers a full legal and technical review of the project instead of a check on the buyer. That adds weeks per file, and it shows up in the sales office as "buyers are not serious".

A registration is a commitment to a completion date. Once registered, the promoter has told the authority when the project will finish, and that date is on the public record. Lenders read the quarterly progress filings against it. A project whose filings go quiet is a project whose approved-list status comes up for review.

None of that is advice on any project named above. It is how files of this shape are generally read.

What this issue could not tell you

We publish gaps rather than filling them:

The full searchable record of all 211 projects is in the project directory — filter by locality, type and month, and open any row for the complete entry.

Compiled from Gujarat Real Estate Regulatory Authority project registrations for Ahmedabad, December 2025 to May 2026. Records may change after publication. Verify any figure from the original register before relying on it. This issue is news and analysis, not advice, and not an offer of property or finance.