UNESCO Heritage City

Ahmedabad

Gujarat's commercial capital and India's first UNESCO World Heritage City, with 103 tracked stores across 18 brands generating ₹1,402+ Cr revenue.

Retail Snapshot *
103
Stores Tracked
18
Brands
₹1,402 Cr
Total Revenue
₹13.6 Cr
Avg Revenue / Store
41
Mall Stores
58
High Street
* Datum Intelligence proprietary data. Sports & Fashion retail, FY 2025-26.
~85L
Metro Population
5%
India Revenue Share
<4%
Retail Vacancy
103
Tracked Stores
GIFT City
Fin-Tech Hub

Brands Present

18 Sports & Fashion brands with stores in Ahmedabad *

Adidas Asics Decathlon H&M Intune Lifestyle Marks & Spencer Max Fashion Nike Pantaloons Puma Reebok Shoppers Stop Skechers Under Armour Westside Zara Zudio

Category & Format Breakdown

Sports & Fashion retail mix in Ahmedabad *

Category Split
Fashion vs Sports store count
Store Format Distribution
Mall, High Street, Factory Outlet

Top Malls

Key retail destinations in Ahmedabad by revenue

Mall Performance
Stores, brands, and revenue by mall
MallStoresBrandsRevenue
Nexus Ahmedabad One1313₹262 Cr
Palladium Mall1010₹241 Cr
Atm Mall11₹66 Cr
Iscon Mega Mall22₹47 Cr
Himalaya Mall22₹29 Cr
Shakti Etc Shoping Mall11₹25 Cr
Kankubagh Mall11₹24 Cr
Iscon Emporio11₹20 Cr
Brand Revenue Leaders
Top 10 brands by revenue in Ahmedabad

Footfall Estimates

Annual visitor volumes at key retail destinations

Nexus Ahmedabad One
18M
Vastrapur. 13 stores, ₹263 Cr. Gujarat's #1 mall.
Palladium Mall
15M
SG Highway. 10 stores, ₹241 Cr. Premium retail.
Himalaya Mall
8M
Drive-In Road. 2 tracked stores. Mid-segment anchor.
Iscon Mega Mall
6M
SG Highway. 2 tracked stores. Growing retail mix.
Seasonal Variance
10-15%
Summer dip Apr-Jun. Navratri peak (9 nights of shopping + celebration).
Conversion Rate
25%
Value-conscious but aspirational. Strong Navratri merchandise demand.

Upcoming Retail Pipeline

Malls and retail spaces under construction or announced

ProjectDeveloperLocationSizeExpectedStatus
Lulu Mall AhmedabadLulu GroupKuha, Gandhinagar7,00,000 sq ft2026Nearing Completion
GIFT One MallGIFT CityGandhinagar2,00,000 sq ft2027Under Construction
Shivalik Business Hub MallShivalik GroupSG Highway1,50,000 sq ft2026Nearing Completion

Pipeline adds 10+ lakh sq ft. Lulu Mall (Gujarat's largest) will transform organized retail in the state.

Sports & Fitness Infrastructure

Active lifestyle ecosystem driving sportswear demand

1,200+
Gyms & Fitness
Gold's Gym, Cult.fit, Anytime Fitness, local chains
GT + AF
Pro Sports Teams
Gujarat Titans (IPL), Ahmedabad FC. Cricket-first culture.
8+ Events
Marathons & Runs (2026)
Adani Ahmedabad Marathon, Sabarmati Riverfront Run
Narendra Modi Stadium
World's Largest (1.32L)
Motera. World's largest cricket stadium. IPL + ICC events.
Sabarmati Riverfront
11 km Promenade
Daily 10K+ walkers/joggers. Cycling track. Events venue.
Navratri
9-Night Festival
World's longest dance festival. 50L+ participants. Massive sportswear demand.

Key Retail Corridors

Primary commercial and retail zones

  • SG Highway
    Premium retail corridor. Nexus, Palladium, showrooms.
  • CG Road
    Heritage commercial strip. Branded + traditional retail.
  • Prahlad Nagar / Satellite
    Upscale residential. Growing high-street retail.
  • Ashram Road
    Riverfront-adjacent. Commercial + retail mix.
  • GIFT City / Gandhinagar
    New financial hub. Growing premium retail demand.
  • Vastrapur / Bodakdev
    Mall corridor. Ahmedabad One, restaurant row.

Real Estate & Rentals

Commercial and retail rental landscape

Mall Rental Range
₹150 - 350/sqft/mo
Premium: Nexus, Palladium ₹280-350
High Street Rental
₹80 - 200/sqft/mo
CG Road, SG Highway
Commercial Yield
7% - 9%
SG Highway, GIFT City
Property Price Growth
+55%
Since 2020 (SG Highway, Prahlad Nagar)
Avg Property Rate
₹5K - 14K/sqft
Premium: ₹10-18K (Bodakdev, Satellite)
Office Lease Term
5-9 years
GIFT City, SG Highway commercial

Market Outlook 2026

Trends and projections for Ahmedabad retail

Price Forecast
+12-16%
GIFT City corridor and SG Highway
Retail Trend
Aspiration + Festive
Navratri economy + growing brand aspirations
Key Driver
GIFT City + Mfg
Financial hub + industrial base = diversified retail demand

Connectivity & Infrastructure

Transport links driving retail footfall

Metro
Blue + Green Lines (40 km)
Phase 1 operational. Thaltej to GIFT City.
Airport
Sardar Vallabhbhai Patel Intl
Domestic + International. 12 km from city center.
Upcoming
Bullet Train (Mumbai-Ahmedabad)
Expected 2028. Sabarmati station. Will boost retail.

Sources

Retail data: Datum Intelligence proprietary store-level database (Sports & Fashion retail, 2025-26)

City data & research sources

Note: Rental rates and property prices are indicative ranges based on published market reports. Actual rates may vary.