Ahmedabad Office Report - H1CY'25

CRE Matrix & Credai National are pleased to present the Ahmedabad Office Report – H1 CY'25. With 30.5 million sq. ft. of existing Grade A/A+ office stock and a projected addition of ~9.7 million sq. ft. by 2030, Ahmedabad is poised for sustained market growth. The first half of CY'25 showcased a balanced leasing environment, marked by a 1:1 demand-to-supply ratio. The BFSI sector led leasing activity, accounting for 56% of total demand, while GIFT City emerged as a key growth hub, contributing 35.3% of upcoming supply till 2027. Additionally, Market Rent surpassing Passing Rent by 25.5% highlights the city’s clear shift towards a landlord-favored market.