Surat
Bhimrad serves as a key residential hub in Surat, characterized by a balanced mix of project stages and competitive pricing. The market has maintained a steady trajectory, with current asking prices hovering around ₹4,600 per sq ft. While development activity remains robust, the presence of various project types allows buyers to choose between immediate possession or long-term growth opportunities. Rental demand in the broader region remains supported by neighboring areas like Vesu, which maintains an average rental rate of ₹50 per sq ft.
As of June 2026, the average asking price in Bhimrad is ₹4,600 per sq ft. This figure reflects a depreciation of 3.08% when compared to the preceding period, indicating a slight market correction in the locality. Buyers and investors should note that this price point is specific to the current residential apartment market in the area.
Property prices in Bhimrad have shown a mixed trajectory over the last few quarters. While the average asking price stood at ₹4,600 per sq ft in March 2026, it was recorded at ₹4,750 per sq ft in December 2025, and ₹4,600 per sq ft in September 2025. This fluctuation suggests that the market is currently navigating a phase of price adjustment rather than consistent upward growth.
Property prices in Bhimrad vary significantly compared to surrounding areas in Surat. As of June 2026, Vesu commands a higher average asking price of ₹5,400 per sq ft, which has seen a depreciation of 1.49%. Conversely, more affordable options are available in Dindoli at ₹2,700 per sq ft (which appreciated by 3.62%) and Adajan at ₹3,900 per sq ft (which appreciated by 2.93%). Other nearby areas like Pal and Althan are priced at ₹4,450 per sq ft and ₹4,400 per sq ft, respectively, with Pal showing a notable appreciation of 5.32%.
As of June 2026, property rates in Bhimrad are segmented by project status: Ready To Move projects are available at an average of ₹4,250 per sq ft (depreciated by 2.54%), Mid Stage projects at ₹4,300 per sq ft (depreciated by 1.58%), and New Launch projects at ₹4,400 per sq ft (depreciated by 3.14%). This structure suggests that newer projects are currently positioned at a premium compared to ready-to-occupy inventory, despite the general downward trend across all segments.
As of June 2026, the most premium project in Bhimrad is Shree Krishna Atlanta Sky Deck, with a listing rate of ₹5,200 per sq ft, having appreciated by 5.18%. Other notable high-value projects include Eco Parkside at ₹4,850 per sq ft (up 1.21%) and Pioneer Viona at ₹4,750 per sq ft, which has remained stable. These projects represent the upper end of the local market, catering to buyers looking for premium developments.
While specific rental data for Bhimrad is currently limited, the surrounding micromarket of Vesu reports an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, providing a benchmark for investors and tenants looking at the broader Surat South region. Investors should monitor these rental trends as they provide essential context for potential income generation in the vicinity.
Buyers should use the property rates data for Bhimrad to identify value-for-money opportunities by comparing current asking prices against historical trends and project status. With the current average asking price at ₹4,600 per sq ft as of June 2026, users can assess whether to opt for Ready To Move units at ₹4,250 per sq ft or invest in newer developments. Always consider the appreciation or depreciation trends—such as the 3.08% depreciation in the overall market—to gauge whether the current entry point aligns with your long-term investment or residential goals.
