Live news feed — last updated 02 June 2026
The Surat Metro Phase 1 is on track for an initial operational launch in June 2026, with trial runs currently being conducted on the Dream City to Althan Tenement stretch. The full network, spanning 40.35 km with 38 stations, is expected to be completed by December 2027.
Gujarat has recorded a 30% year-on-year increase in revenue from stamp duty and registration fees, reaching Rs 19,102.58 crore in the financial year 2025-26. Surat has emerged as the second-highest city in terms of property registrations, with 2,89,544 registrations. This surge in revenue and registrations indicates a sustained demand in the real estate sector across the state.
Several new residential projects in Surat have been launched and are RERA-registered, including Pentaggon in Palanpur , Gruham Heaven in PAL and Siddhi Vinayak Elements in Jahangirabad. These projects are in NorthWest Surat and are gaining prominence due to improved connectivity & infrastructure development Thru Metro bridge (Ongoing) and Pal-Umra bridge over River Taapi.
Surat's commercial property market is experiencing significant growth in 2025, driven by robust infrastructure development, including metro projects and improved road networks. Economic diversification is further fueling demand. This trend is expected to lead to business expansion within the city, particularly in areas like Vesu and Bhatar.
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