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Insights for Bhimrad, Surat Real Estate Market Overview

Bhimrad has emerged as a dynamic residential hub in Surat, characterized by a steady rise in capital values and a diverse pipeline of housing supply. Prices have demonstrated robust growth over the past few quarters, moving from ₹4,750 in late 2025 to current levels of ₹5,200 per sq ft. The market maintains a healthy balance between immediate occupancy options and future-ready inventory, with new launches pushing the upper end of the price spectrum.

  • Residential property prices have appreciated by 12.89% for apartments, underlining high demand.
  • New launch projects are currently priced at a premium of ₹6,900 per sq ft, showing a significant 56.42% increase.
  • Under-construction inventory remains a strong performer, with prices rising by 14.39% to reach ₹4,750 per sq ft.
  • Ready-to-move units continue to attract consistent interest, currently averaging ₹4,650 per sq ft with a 9.09% growth rate.
  • Premium developments such as Pioneer Luxury and VB Sai Aashish Paradise are driving the market's luxury segment with double-digit value appreciation.

Market Strengths
  • Consistent quarterly price appreciation indicates a resilient and growing residential market.
  • Diverse project status options allow buyers to choose between immediate occupancy and future capital gains.
  • Strong double-digit growth in the apartment segment confirms broad-based demand for housing.
  • Premium projects are attracting significant investment, evidenced by high year-over-year appreciation rates.
  • The competitive pricing of Bhimrad relative to neighboring prime hubs like Vesu and Piplod offers value-driven upside.
Investment Opportunities
  • Under-construction projects offer a balanced entry point at ₹4,750 per sq ft with a healthy 14.39% growth rate.
  • Apartment investments have shown strong capital appreciation of 12.89% over the recent period.
  • Ready-to-move units provide stable rental potential and immediate possession at an average of ₹4,650 per sq ft.
  • New launch projects represent high-growth potential for long-term investors despite the higher entry price of ₹6,900 per sq ft.
Top Localities in Bhimrad, Surat

New Althan

Avg Price ₹ 3,750 /Sq.Ft.
LISTINGS 154

Bharthana

Avg Price ₹ 6,800 /Sq.Ft.
LISTINGS 2

New City Light

Avg Price ₹ 5,650 /Sq.Ft.
LISTINGS 5
Price Trend

Bhimrad, Surat Property Price Trends and Appreciation

Bhimrad has witnessed a consistent upward trend in property values over the last three quarters. Starting at ₹4,750 per sq ft in December 2025, prices moved to ₹4,600 in March 2026 before accelerating to the current ₹5,200 per sq ft in June 2026. This trajectory highlights a strengthening market that has successfully recovered from mid-year fluctuations to reach new highs.
Asking Price Trends
₹ 5,200/Sq.Ft + 12.89 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 5200
Mar 2026 4600
Dec 2025 4750
About Asking Price Trends
Bhimrad Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Althan 4,450 0.3
Vesu 5,450 1.2
Piplod 5,500 -
Adajan 3,750 -3.6
Pal Gam 4,950 -
Dindoli 2,750 1.8
Bhimrad’s property rates sit in a unique position when compared to neighboring Surat localities. While Vesu and Piplod command higher averages of ₹5,450 and ₹5,500 per sq ft respectively, Bhimrad remains a competitive middle-ground for investors. It offers a significant premium over the more affordable Dindoli at ₹2,750 per sq ft and Adajan at ₹3,750 per sq ft. This pricing structure makes Bhimrad an attractive balance between accessibility and urban development.
Type Rate (₹/Sq.Ft) Change %
Apartment 5,200 12.9
The Bhimrad market is primarily driven by apartment-style living, which has seen a notable 12.89% increase in value to reach ₹5,200 per sq ft. This segment caters to a wide range of buyers looking for modern residential configurations. The consistent growth in this category reflects steady demand for quality apartment units in this growing area.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 17 4,650 9.1
Under Construction 8 4,750 14.4
New Launch 1 6,900 56.4
Bhimrad offers a balanced supply of residential properties that cater to different buyer timelines. Ready-to-move inventory, consisting of 17 units, averages ₹4,650 per sq ft, while 8 under-construction projects are priced at ₹4,750 per sq ft. For those seeking the latest in architecture, the single new launch project is priced at ₹6,900 per sq ft, representing a significant 56.42% premium over previous cycles.
Project & Developer Insights

Top Residential Projects and Developers in Bhimrad

Top Developers in Surat
Reyom Realty leads in Surat with 3 projects and years of experience.
DLF
Reyom Realty ₹ 93.2 L - ₹ 93.2 L
  • 3 Projects
DLF
Tulsi Developers Surat ₹ 1.12 Cr - ₹ 1.25 Cr
  • 2 Projects
DLF
Govindji Group
  • 2 Projects
DLF
Vaghani Developers ₹ 17 L - ₹ 19.31 L
  • 1 Projects
DLF
Shaligram Probuild
  • 1 Projects
DLF
Yashvi Developers
  • 1 Projects
DLF
Vardan Developers
  • 1 Projects
DLF
Amar Realty Surat
  • 1 Projects
DLF
Cygni Realty
  • 1 Projects
DLF
Shree Hari Group Surat ₹ 29.51 L - ₹ 40.75 L
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments are setting high benchmarks in Bhimrad, with several projects experiencing aggressive price appreciation. Pioneer Luxury leads the market at ₹6,900 per sq ft with a 52.29% increase, followed closely by VB Sai Aashish Paradise at ₹6,550 per sq ft with a 57.26% rise. Shree Krishna Atlanta Sky Deck also contributes to the luxury segment at ₹6,000 per sq ft, while other projects like Marvella Residency provide entry points into the premium space at ₹5,150 per sq ft.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft

Micromarket-Wise Property Price Trends Around Bhimrad, Surat

Avg. Asking Price ₹ 4,900 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft
Avg. Asking Price ₹ 4,200 /Sq.Ft
Avg. Asking Price ₹ 2,750 /Sq.Ft

More insights about Bhimrad, Surat

FAQ

Frequently Asked Questions About Property Rates in Bhimrad, Surat

What is the average asking price in Bhimrad as of September 2026?

The average asking price in Bhimrad is ₹5,200 per sq ft as of September 2026. This figure reflects a significant appreciation of 12.89% when compared to previous periods, indicating a robust demand for residential apartments in this locality.

How have property prices in Bhimrad trended recently?

Property prices in Bhimrad have shown a consistent upward trajectory through 2026. Data from September 2026 shows the average asking price reaching ₹5,200 per sq ft, rising from ₹4,600 per sq ft in March 2026 and ₹4,750 per sq ft in December 2025. This steady growth suggests strong buyer confidence and sustained interest in the area's real estate market.

How do property prices in Bhimrad compare to nearby localities in Surat?

Property prices in Bhimrad, at ₹5,200 per sq ft, sit in the mid-to-high range compared to surrounding areas in Surat. For context, Piplod commands a higher average of ₹5,500 per sq ft, while Vesu follows closely at ₹5,450 per sq ft with a 1.18% appreciation. More affordable options are available in Althan at ₹4,450 per sq ft and Dindoli at ₹2,750 per sq ft, which has seen a 1.78% appreciation. Adajan currently averages ₹3,750 per sq ft, having experienced a 3.61% depreciation from previous periods.

What is the price difference between ready-to-move and under-construction properties in Bhimrad?

As of September 2026, under-construction properties in Bhimrad are priced at an average of ₹4,750 per sq ft, which has appreciated by 14.39% compared to previous periods. In contrast, ready-to-move properties are available at an average of ₹4,650 per sq ft, showing an appreciation of 9.09%. Additionally, new launch projects in the area are currently commanding a premium, with an average price of ₹6,900 per sq ft, reflecting a sharp 56.42% appreciation.

Which projects in Bhimrad currently have the highest listing rates?

The highest listing rates in Bhimrad are led by Pioneer Luxury at ₹6,900 per sq ft, which has seen a notable appreciation of 52.29%. This is followed by VB Sai Aashish Paradise at ₹6,550 per sq ft, showing a 57.26% appreciation, and Shree Krishna Atlanta Sky Deck at ₹6,000 per sq ft, which has appreciated by 15.58%. These premium projects are currently setting the benchmark for high-value residential living in the locality as of September 2026.

What is the rental market situation in the areas surrounding Bhimrad?

While specific rental data for Bhimrad is currently unavailable, the nearby Vesu locality provides a reference point for the region. As of September 2026, the average rental rate in Vesu is ₹50 per sq ft. This rate has experienced a 4.55% depreciation compared to previous periods, which may signal a shift in local supply or tenant demand dynamics in the broader Surat South area.

How should a buyer interpret the price trends in Bhimrad for investment purposes?

Investors should note that Bhimrad is experiencing a strong growth phase, evidenced by the 12.89% appreciation in the average asking price to ₹5,200 per sq ft as of September 2026. The significant price gap between ready-to-move properties (₹4,650 per sq ft) and new launches (₹6,900 per sq ft) suggests that the market is currently rewarding premium, modern developments. Buyers looking for long-term value may want to weigh the appreciation potential of under-construction projects against the immediate utility of ready-to-move units.

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