Property rates in Bhimrad average ₹4,600 per sq ft. The market has seen fluctuating trends recently, shifting from ₹4,750 in late 2025 to a peak of ₹5,200 in mid-2026 before stabilizing. Investors are currently eyeing mid-stage projects which command prices around ₹4,600 per sq ft. Meanwhile, the luxury segment remains active with premium developments like Shree Krishna Atlanta Sky Deck setting the benchmark for the area at ₹5,200 per sq ft.
Insights for Bhimrad, Surat Real Estate Market Overview
Bhimrad serves as a dynamic real estate hub in Surat, showcasing a mix of luxury high-rises and mid-stage residential developments. Price movements over the past year indicate a volatile yet maturing market, with values adjusting to meet evolving buyer demand. While new launches and under-construction projects provide diverse entry points for investors, the ready-to-move segment remains a reliable choice for those prioritizing immediate occupancy. Rental activity in the surrounding region, particularly in Vesu, provides a useful benchmark for potential yields in the broader area.
Shree Krishna Atlanta Sky Deck leads the local market with an asking price of ₹5,200 per sq ft.
Mid-stage projects have seen a price appreciation of 4.97%, signaling strong confidence in ongoing developments.
The apartment segment has experienced significant growth of 12.89% over the recent period.
Vesu, a key neighboring location, currently commands an average rental rate of ₹50 per sq ft.
Ready-to-move inventory is currently priced at an average of ₹4,250 per sq ft, offering a stable entry option for buyers.
Market Strengths
Diverse project status options allow buyers to choose between immediate possession and future appreciation.
Strong performance in the apartment category highlights sustained buyer interest.
Proximity to Vesu, which maintains an active rental market at ₹50 per sq ft, adds long-term value.
Consistent supply of new projects, with 8 under-construction units available for investment.
Top-tier projects like Shree Krishna Atlanta Sky Deck continue to command premium pricing.
Market Challenges
New launch projects have experienced a price decline of -3.14%.
Ready-to-move projects have seen a slight softening in pricing by -2.54%.
Pioneer Luxury has observed a significant price correction of -13.99%.
Meera Park has seen a notable decrease in its listing rate by -13.48%.
Investment Opportunities
Apartments in Bhimrad have shown strong momentum with a 12.89% price increase.
Mid-stage projects offer a balance of growth and stability, currently appreciating at 4.97%.
Ready-to-move inventory at ₹4,250 per sq ft provides a lower entry cost compared to current market averages.
The 5.18% value growth in Shree Krishna Atlanta Sky Deck suggests high demand for luxury-segment projects.
Top Localities in Bhimrad, Surat
New Althan
Avg Price₹ 3,750 /Sq.Ft.
LISTINGS
154
New City Light
Avg Price₹ 5,650 /Sq.Ft.
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Price Trend
Bhimrad, Surat Property Price Trends and Appreciation
The market in Bhimrad has navigated a period of adjustment, moving from ₹4,750 per sq ft in December 2025 to ₹4,600 per sq ft by March 2026. After a notable climb to ₹5,200 per sq ft in June 2026, the area continues to reflect shifting buyer interest. These quarterly fluctuations highlight the active nature of the local real estate landscape.
Bhimrad’s property landscape is influenced by surrounding localities that offer varied price points for investors. Vesu commands a premium at ₹5,400 per sq ft, while Althan and Pal hover at competitive rates of ₹4,400 and ₹4,450 per sq ft respectively. Adajan remains an accessible option at ₹3,900 per sq ft, contrasting with the more affordable entry point of Dindoli at ₹2,700 per sq ft.
The residential market in Bhimrad is primarily driven by apartment units, which are currently priced at an average of ₹5,200 per sq ft. This category has seen strong demand, evidenced by a 12.89% increase in value. These apartments represent the primary investment focus for those looking to tap into the area's growth.
Bhimrad provides a balanced supply of residential properties across various construction phases. Mid-stage projects are currently the most premium, averaging ₹4,600 per sq ft with a 4.97% growth. Ready-to-move units are available at ₹4,250 per sq ft, while new launches and under-construction projects are priced at ₹4,400 and ₹4,150 per sq ft, respectively.
Project & Developer Insights
Top Residential Projects and Developers in Bhimrad
Top Developersin Bhimrad
Govindji Group leads in Bhimrad with 2 projects and years of experience.
Premium residential developments in Bhimrad are setting high-value benchmarks. Shree Krishna Atlanta Sky Deck leads the market at ₹5,200 per sq ft, showing a 5.18% increase. Other notable projects include Eco Parkside at ₹4,850 per sq ft and Pioneer Viona at ₹4,750 per sq ft, both of which anchor the upper end of the local real estate market.
Frequently Asked Questions About Property Rates in Bhimrad, Surat
What is the current average asking price in Bhimrad, Surat?
As of June 2026, the average asking price in Bhimrad is ₹4,600 per sq ft. This figure reflects a depreciation of 3.08% compared to the previous period, suggesting a period of market adjustment in this locality.
How have property prices in Bhimrad trended recently?
Property prices in Bhimrad have shown a fluctuating trajectory in recent quarters. As of June 2026, the location rate stands at ₹5,200 per sq ft, rising from ₹4,600 per sq ft in March 2026, following a dip from ₹4,750 per sq ft in December 2025. This volatility indicates that buyers and investors should monitor quarterly shifts closely to time their entry into the market effectively.
How do property prices in Bhimrad compare to nearby areas in Surat?
Bhimrad, with an average asking price of ₹4,600 per sq ft, sits in a mid-range position compared to other prominent Surat neighbourhoods. For context, Vesu commands a higher average of ₹5,400 per sq ft (which depreciated by 1.49%), while more affordable options include Adajan at ₹3,900 per sq ft (which appreciated by 2.93%) and Dindoli at ₹2,700 per sq ft (which appreciated by 3.62%). Pal remains competitive at ₹4,450 per sq ft, having seen a significant appreciation of 5.32%.
What is the price difference between Ready To Move and Under Construction properties in Bhimrad?
As of June 2026, Ready To Move properties in Bhimrad are priced at an average of ₹4,250 per sq ft, reflecting a depreciation of 2.54% over the observed period. In contrast, Under Construction projects are currently priced at ₹4,150 per sq ft, a rate that has remained stable with 0% change, offering a potential entry point for buyers prioritizing newer inventory over immediate occupancy.
Which projects in Bhimrad currently command the highest listing rates?
Shree Krishna Atlanta Sky Deck leads the market in Bhimrad with a current listing rate of ₹5,200 per sq ft, having appreciated by 5.18% as of June 2026. Other premium options include Eco Parkside at ₹4,850 per sq ft (up 1.21%) and Pioneer Viona at ₹4,750 per sq ft, which has maintained stable pricing with 0% change over the same period.
How should investors interpret the rental market data for areas near Bhimrad?
While specific rental data for Bhimrad is currently limited, the surrounding micromarket of Vesu provides a benchmark for investors, with an average rental rate of ₹50 per sq ft as of June 2026. This rate has seen a depreciation of 4.55% compared to the previous period, which investors should account for when calculating potential rental yields and long-term income projections in the broader Surat South region.
What does the price trend for Mid Stage and New Launch projects indicate in Bhimrad?
As of June 2026, Mid Stage projects in Bhimrad are priced at ₹4,600 per sq ft, showing a healthy appreciation of 4.97%, which may signal strong buyer confidence in projects nearing completion. Conversely, New Launch projects are priced at ₹4,400 per sq ft, reflecting a depreciation of 3.14%, which could represent an opportunity for investors looking to acquire property at a lower entry cost in the early stages of development.
