Gandhinagar property market and GIFT City: what the GujRERA register shows

The Gandhinagar property market, read from the GujRERA register, is a sizeable one: 1,661 registrations in the district since 2017, about 200,000 units filed, and for every booked flat the agreement value the promoter recorded. GIFT City, the financial centre being built in the district, accounts for a small part of the filings. This analysis sets out what the register shows, year by year, and what its numbers cannot tell you.

Registrations, year by year#

The 2018 peak is the register catching up with projects already being built when RERA came in. Since then registrations have run at 140 to 210 a year, highest in 2023 and 2024. Almost all are in Gandhinagar taluka (1,430); Kalol has about 150, Dehgam 45 and Mansa 34.

By kind, 760 are mixed developments, 714 residential or group housing, 142 commercial and 45 plotted. The approving authority splits three ways: the Gandhinagar Municipal Corporation on 415, the Gandhinagar Urban Development Authority on 410, and the Ahmedabad Urban Development Authority on about 375. A town planning scheme is filed on 999 of the 1,661, 60 percent.

Bookings and dates#

Across the 1,580 Gandhinagar registrations with a unit table, 103,368 of 196,556 units were recorded booked, 53 percent. The district's filed completion dates tell the other half: on 859 of the 1,661 the date has passed, and 259 carry at least one extension application. GujRERA files no standing, so a passed date is not a verdict on any project; it is the question to put to the promoter, as New, Ongoing and Completed on GujRERA explains.

What booked flats were agreed at#

GujRERA files the agreement value and carpet area of every booked flat, which no Maharashtra or Karnataka filing does. Taking residential flats recorded booked, with an agreement date and both figures filed, the median per square metre of carpet by year of agreement was:

Read the chart with three cautions. Each bar is a median of the agreements dated that year, so an agreement from 2019 describes 2019, not today. The mix of projects changes from year to year, so part of the rise is which projects were selling, not only what flats cost. And the median covers booked flats that file both figures, not the whole market and not any one project. Agreements dated 2026 so far, 1,574 flats, have a median of Rs 61,492, but a part year weighted to new launches is not comparable with a full one. A Rs 54,145 median is about Rs 5,030 per square foot of carpet.

GIFT City in the filings#

GIFT City, the Gujarat International Finance Tec-City, lies in Gandhinagar district, and 50 registrations name it in their project name or filed address; 21 file the GIFT Urban Development Authority as their approving authority, 20 of them among the 50. The register does not separate a project inside GIFT City from one that names it only as a landmark nearby, so read each filed location before treating a project as a GIFT City one.

The demand buyers hear about is real but specific. The Gujarat government exempted GIFT City from the state's prohibition for "wine and dine" facilities in December 2023, and in December 2025 eased the rules again so that visitors from outside Gujarat and India could be served at designated hotels and restaurants on showing photo identification, without a permit, with the prohibition otherwise unchanged and not applying to residents of Gujarat. The International Financial Services Centres Authority listed 1,147 registrations and authorisations in GIFT IFSC as of March 2026. Neither figure says anything about a particular tower's construction or bookings; for that, read its filing.

What the register cannot say#

The register describes registrations, bookings and agreements, and nothing that happens after them. It files no resale price, no rent, no occupancy and no measure of how many booked flats are lived in. A booked flat may belong to a family moving in or to an investor holding it empty, and the filing does not say which. For those questions the register is the wrong source, and any claim about GIFT City rents or resale values should come with its own source and date.

An analogy: a class photograph, every year#

Reading a year's median is like looking at a school's class photograph for that year. It tells you truthfully what that year's class looked like, and lining the photographs up shows the school changing. It does not tell you how any one pupil grew. A Gandhinagar median is the class photograph; a project's own filing is the pupil.

Hetal and Jignesh look north#

Names and numbers in this story are illustrative. Comparing a 3BHK in Gota with one near Kudasan, Jignesh noticed the two projects named different approving authorities, one in Ahmedabad and the Gandhinagar Urban Development Authority for the other. The Kudasan project's filing showed 70 of its 112 units booked and a completion date two years away, with its latest quarterly return submitted. The brochure called it "near GIFT City"; the filed address named a village outside it. Hetal set the district median beside the price they were quoted, as a sense check rather than a valuation, and they put the commute, not the label, at the top of their list.

What ReraGenie's free page shows#

Every Gandhinagar registration has a free ReraGenie page: the filed completion date as the date it is valid until, every extension applied for, how many units are recorded booked, construction stages by building, the cost lines, the approving authority and every filed document, with a comparison against the district and the projects within 2 km. Buyer reports, the project watch and alerts cover MahaRERA projects only for now. Start from Gandhinagar's district page, which lists every project there largest first, read what ReraGenie's Gujarat pages show, and see the purchase as a whole in buying a flat in Gujarat.