The Corridor Price Tracker
What the GIFT corridor actually costs — tracked quarterly
One page, refreshed every quarter: residential rates by micro-market, rent benchmarks, implied yields and the district's trajectory. Methodology at the bottom, so you can argue with our numbers — that's the point of publishing them.
Edition: Q3 2026 · data verified 20 July 2026 · next update October 2026Headline numbers
₹10,200GIFT City district avg ₹/sqft
2.27xcorridor spread — GIFT vs Kudasan entry
~14.6%GIFT implied CAGR since 2020 (₹4,500 → ₹10,200)
₹35–44.5kGIFT 3BHK monthly rent band
₹/sqft by micro-market — Q3 2026
The full table — rates, trend, rents, implied yield
| Micro-market | ₹/sqft | Trend YoY | Rent benchmark | Implied gross yield |
|---|---|---|---|---|
| GIFT City | ~₹10,200 | strong (see trajectory) | 3BHK ₹35–44.5k/mo | 3–5% |
| Shantigram | ~₹6,650 | +5.5% | ~₹50/sqft/mo | ~2% |
| Raysan | ₹4,500–6,800 | rising | tracks GIFT spillover | ~3–4% (est.) |
| Randesan | ~₹4,650 | +4.5% | GIFT-professional demand | ~3–4% (est.) |
| Kudasan | ~₹4,450 | +2.2% | established suburb | ~3% (est.) |
The GIFT trajectory — and the caution that goes with it
That's ~2.3x in six years — roughly a 14.6% compound annual rate, driven by the IFSC's build-out ($111B banking assets, 27,000+ jobs, metro since Jan 2026). We publish two intermediate checkpoints only when we can source them cleanly; we won't draw a smooth curve we can't verify.
The caution: past CAGR is not a forecast. Phase 3 will land significant
new supply 2027–2030, and young markets re-rate in steps, not lines. If your thesis requires 14% forever,
it's not a thesis — it's an extrapolation.
On the record — our calls, graded quarterly
Anyone can analyze; the test is being right in public. These are our standing calls, timestamped, graded every tracker update. Wrong calls stay on the page.
| # | The call (made 20 Jul 2026) | Grade by | Status |
|---|---|---|---|
| 1 | GIFT district ₹/sqft ends FY27 (Mar 2027) above ₹10,800 — appreciation continues but decelerates from the 14.6% CAGR | Apr 2027 | ⏳ open |
| 2 | NRI inflows into GIFT funds in FY26 exceed FY25's ₹61,000 cr | May 2027 | ⏳ open |
| 3 | Dubai mid-market residential stays below its Jan-2026 peak through mid-2027 (210k-unit supply wave) while ultra-luxury sets records | Jul 2027 | ⏳ open |
| 4 | Dholera's retail plot market remains uninvestable by our standard (no RERA-registered residential from delivery-record developers) through 2027 | Dec 2027 | ⏳ open |
| 5 | At least one more foreign university and one major hospital brand commit to GIFT City by end-2027 | Dec 2027 | ⏳ open |
| 6 | Raysan/Randesan appreciation outpaces Kudasan over the next 4 quarters (GIFT-proximity premium widens) | Jul 2027 | ⏳ open |