Buy or rent in Chandkheda, Ahmedabad? (2026)
Updated November 2026 · Typical 2BHK, 20-year view
Even if prices keep rising at Chandkheda’s 10-year trend of 6.4% a year, renting and investing the money you would have spent on the home leaves you about ₹1.45 Cr richer after 20 years.
Buying wins only if prices grow faster than 9.8% a year. Chandkheda’s 10-year trend is 3.4 points below that.
Chandkheda in numbers
The 20-year comparison
The buyer pays the down payment and stamp duty on day 1, then the EMI and maintenance each month. The renter puts the same day-1 money into a Nifty 50 index fund, pays rent, and each month invests whatever the buyer spends over rent. Whoever spends less in a month invests the difference, so both start and continue with the same money.
| Cash on day 1 (20% down + 7% stamp duty) | ₹13,50,000 |
|---|---|
| Monthly EMI | ₹34,713 |
| Owning costs more than renting in year 1 by | ₹23,796/mo |
| Home value after 20 years | ₹1.73 Cr |
| Buyer’s wealth (home, loan repaid, + any invested surplus) | ₹1.73 Cr |
| Renter’s Nifty 50 portfolio | ₹3.18 Cr |
| Difference | Renting ahead by ₹1.45 Cr |
| Buyer’s annual return (IRR) | 7.8% vs 12% for the fund |
Rent avoided is the buyer’s return on the flat, on top of price growth. Here that is a 3.1% yield, against a 8.5% loan rate, which is why price growth has to do most of the work for buying to win.
About Chandkheda
Chandkheda is a north Ahmedabad suburb near Motera and the Gandhinagar highway. It has many affordable apartments and is popular with people working in Gandhinagar and north Ahmedabad.
- Affordable apartments
- Near Gandhinagar
- Close to Red Line metro
- North Ahmedabad
Major employers nearby: Gandhinagar offices, ONGC (Chandkheda), Local industry.
Getting around
- Metro: Red Line: Motera Stadium / AEC area stations ~2–3 km
- Highway: Sardar Patel Ring Road; Gandhinagar Highway
- Peak traffic: Moderate at peaks
- Congestion: Moderate
Schools
- Schools in Chandkheda (Various) — Several CBSE and GSEB schools
Nearby
- Hospitals: Local hospitals
- Malls: Local retail
- Parks: Local gardens
Investment view
Chandkheda is a budget market with steady demand from Gandhinagar commuters. 2BHK rents run about ₹12,000–14,000/mo. Suits budget buyers working in north Ahmedabad.
Other localities in Ahmedabad
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- Gota Rent and Invest wins
- Bodakdev Rent and Invest wins
- Ambawadi Rent and Invest wins
- Motera Rent and Invest wins
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- Satellite Rent and Invest wins
- Paldi Rent and Invest wins
- Naranpura Rent and Invest wins
- Naroda Rent and Invest wins
- Vastral Rent and Invest wins
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See all Ahmedabad localities side by side →
Questions people ask
Is it better to buy or rent in Chandkheda?
Even if prices keep rising at Chandkheda’s 10-year trend of 6.4% a year, renting and investing the money you would have spent on the home leaves you about ₹1.45 Cr richer after 20 years. Buying wins only if prices grow faster than 9.8% a year. Chandkheda’s 10-year trend is 3.4 points below that. This assumes a typical 2BHK at about ₹50 L, 8.5% home loan for 20 years and a Nifty 50 index fund at 12% a year for the renter.
What is the rental yield in Chandkheda?
About 3.1% gross for a typical 2BHK: roughly ₹13,000 a month on a home worth about ₹50 L. That is a price-to-rent ratio of 32, meaning the home costs 32 years of rent.
What is the EMI on a 2BHK in Chandkheda?
About ₹34,713 a month on a ₹40 L loan (20% down on a ₹50 L home) at 8.5% for 20 years. In year 1, owning costs about ₹23,796 a month more than renting the same flat, after maintenance.
How fast have property prices grown in Chandkheda?
About 6.4% a year on average over 2014–2024, with rents growing about 4.4% a year (Blended 10-yr trend (2014–2024) · RBI House Price Index, Anarock Research, 99acres, Knight Frank). Past growth is not a promise of future growth.