Bhimrad maintains a dynamic real estate landscape characterized by a mix of established residential projects and active under-construction developments. The average asking price of ₹5,100 per sq ft highlights the area's value proposition within the Surat property market. Rental demand remains steady, with neighboring Vesu reporting average rental rates of ₹50 per sq ft. Investors and homebuyers are closely monitoring the price trends, which have shown resilience despite periodic adjustments. The presence of high-end residential complexes provides a premium tier for those seeking luxury living, while more accessible projects ensure a balanced supply for various buyer segments.
The average asking price in Bhimrad stands at ₹5,100 per sq ft as of September 2026. This figure reflects a depreciation of 1.52% compared to the previous period, indicating a slight market correction in the locality. Buyers and investors should note that this price point represents the current market sentiment for residential apartments in the area.
Property prices in Bhimrad have shown a fluctuating trend, moving from ₹4,750 per sq ft in December 2025 to ₹4,600 per sq ft in March 2026, before rising to ₹5,200 per sq ft in June 2026 and settling at ₹5,100 per sq ft in September 2026. This trajectory suggests a period of price volatility where the market tested higher levels before experiencing the recent 1.52% depreciation observed in September 2026. Monitoring these quarterly shifts is essential for identifying the right entry point for investment.
Property prices in Bhimrad, currently at ₹5,100 per sq ft, sit in the mid-to-high range when compared to surrounding localities in Surat. Nearby, Vesu commands a higher average asking price of ₹5,700 per sq ft, which has appreciated by 4.35% over the observed period. Conversely, areas like Althan at ₹4,600 per sq ft (up 4.08%), Piplod at ₹4,700 per sq ft (down 14.25%), Adajan at ₹3,800 per sq ft (up 0.5%), and Pal Gam at ₹4,950 per sq ft (down 0.42%) provide a diverse range of price points for buyers to consider based on their budget and location preference.
As of September 2026, Ready To Move properties in Bhimrad are priced at an average of ₹4,650 per sq ft, having appreciated by 0.63% over the relevant period. In comparison, Under Construction properties are priced at ₹4,800 per sq ft, reflecting an appreciation of 0.86% over the same timeframe. The higher price for under-construction units often reflects the premium for newer amenities and modern construction standards, while ready-to-move units offer the benefit of immediate possession.
Pioneer Luxury leads the market in Bhimrad with a listing rate of ₹6,900 per sq ft, followed by VB Sai Aashish Paradise at ₹6,550 per sq ft and Shree Krishna Atlanta Sky Deck at ₹6,000 per sq ft as of September 2026. These projects have maintained stable pricing with a 0% change, signaling consistent value positioning. Other notable projects include Shivay Shivalik Celebration at ₹5,500 per sq ft and Marvella Residency at ₹5,150 per sq ft, both also showing stable price trends.
While Bhimrad currently lacks comprehensive rental data, the nearby Vesu market shows an average rental rate of ₹50 per sq ft as of September 2026. This rate has appreciated by 4.76% over the observed period, suggesting a healthy demand for rental properties in the vicinity. Investors often look at such rental growth in neighboring micro-markets to gauge the potential income-generating capacity of residential assets in the broader Surat region.
