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Property Rates in Bhimrad, Surat

Comprehensive Market Snapshot

Bhimrad, Surat, presents a dynamic real estate landscape with an average asking price of ₹4,638 per sq ft, primarily driven by the apartment segment. The market has observed varying price movements across its recent quarters, with specific projects showing both growth and adjustments. While detailed rental market insights for Bhimrad are emerging, nearby Vesu offers an average rental rate of ₹20 per sq ft. This overview suggests a market with diverse opportunities for both homebuyers and investors.

  • The average asking price in Bhimrad stands at ₹4,638 per sq ft, predominantly for apartments.
  • Property rates in Bhimrad saw a peak of ₹4,745 per sq ft in Dec 2025 within the location.
  • Leading projects like Pioneer Luxury command a rate of ₹5,254 per sq ft, despite a significant price adjustment of -14.02%.
  • Ready To Move properties are available at an average of ₹4,350 per sq ft, comprising 10 units.
  • Nearby Vesu offers an average rental rate of ₹20 per sq ft, indicating a potential for rental income in the vicinity.

  • Asking Sale Price₹ 4,638 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Other Property Rates

Insights for Bhimrad, Surat Real Estate Market

Bhimrad's property market in Surat is characterized by an average asking price of ₹4,638 per sq ft, with apartments being the dominant property type. Recent price trends for the location show a rate of ₹4,745 per sq ft in Dec 2025, which is an increase from ₹4,620 per sq ft in Sep 2025 and ₹4,603 per sq ft in Jun 2025. This indicates a positive quarter-over-quarter growth heading into the end of 2025. The market offers a range of properties across various development stages, from New Launch to Ready To Move, catering to diverse buyer needs. While comprehensive rental data for Bhimrad is still developing, the nearby locality of Vesu shows an average rental rate of ₹20 per sq ft, providing a reference for rental potential in the broader area.

  • Bhimrad's average property rate increased from ₹4,603 per sq ft in June 2025 to ₹4,745 per sq ft in December 2025.
  • Apartments are the sole listed property type, averaging ₹4,638 per sq ft, experiencing a -2.26% change.
  • The market has 14 units in the Mid Stage of construction, priced at ₹4,365 per sq ft.
  • Projects such as Prestige Oliva Pride have shown robust growth, with a 7.81% increase to ₹4,902 per sq ft.
  • Among neighboring areas, Bharthana commands the highest average rate at ₹6,785 per sq ft, while Citylight Area offers a more accessible price point at ₹3,519 per sq ft.

Market Strengths Market Strengths
  • Bhimrad's average property rate has shown a positive trend over the last three quarters, moving from ₹4,603 to ₹4,745 per sq ft.
  • The market offers a diverse supply of properties across various development stages, including Ready To Move (10 units), Mid Stage (14 units), and New Launch (4 units).
  • Neighboring areas like City Light and Piplod show robust positive growth of 6.18% and 4.58% respectively, indicating overall regional vitality.
  • Projects like Prestige Oliva Pride and Shreeji Sky City Luxuria demonstrate healthy price appreciation, with increases of 7.81% and 4.3% respectively.
Market Challenges Market Challenges
  • New Althan, a neighboring area, has experienced a notable -8.16% change in its average rate, suggesting potential localized price pressures.
  • Several top projects in Bhimrad, such as Pioneer Luxury (-14.02%) and White Wings Flamingo (-8.54%), have seen significant price adjustments.
  • All listed property status categories (Ready To Move, Mid Stage, New Launch) have experienced negative price changes, ranging from -3.62% to -5.89%.
Investment Opportunities Investment Opportunities
  • Consider properties in Bhimrad as the location's average rate has shown consistent quarterly growth, reaching ₹4,745 per sq ft in Dec 2025.
  • Explore projects like Prestige Oliva Pride and Pioneer Viona, which have demonstrated positive price changes of 7.81% and 8.52% respectively, indicating potential for capital appreciation.
  • Invest in the apartment segment, which is the dominant property type in Bhimrad, averaging ₹4,638 per sq ft.
  • Consider rental opportunities in nearby Vesu, which has an average rental rate of ₹20 per sq ft.
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Property Price Trends in Bhimrad, Surat

Asking Price Trends

Bhimrad has shown a steady appreciation in its property rates over recent quarters. The average rate for the location was ₹4,603 per sq ft in Jun 2025, rising to ₹4,620 per sq ft by Sep 2025. This positive momentum continued, with rates reaching ₹4,745 per sq ft in Dec 2025, reflecting consistent growth in property values within the area.

Quarter City Rate
Dec 2025 4745
Sep 2025 4620
Jun 2025 4603
Mar 2025 0
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Price Trends by Property Type

The Bhimrad property market currently features apartments as the primary property type available, with an average price of ₹4,638 per sq ft. This segment has experienced a -2.26% change, indicating a slight adjustment in pricing for residential units. This focus on apartments caters to a significant portion of the housing demand in the area.

Type Rate (₹/sq.ft) Change %
Apartment 4,638 -2.26
Price Trends by Project Status

The Bhimrad market offers a diverse range of properties catering to different buyer timelines. Ready To Move properties, with 10 units available, average ₹4,350 per sq ft, appealing to those seeking immediate possession. Mid Stage projects represent the largest inventory with 14 units at an average of ₹4,365 per sq ft. Additionally, 4 New Launch projects are available, priced at ₹4,543 per sq ft, offering opportunities for early investors.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 10 4,350 -5.41
New Launch 4 4,543 -5.89
Price Trends by Localities

Bhimrad's average asking price of ₹4,638 per sq ft positions it competitively within Surat's property landscape. Neighboring Bharthana commands a significantly higher average rate of ₹6,785 per sq ft, while areas like New Althan offer more affordable options at ₹3,761 per sq ft. City Light and Piplod show positive changes of 6.18% and 4.58% respectively, indicating strong growth pockets. Meanwhile, Vesu and New City Light have experienced price adjustments, with rates around ₹5,277 per sq ft and ₹5,646 per sq ft respectively.

Location Rate (₹/sq.ft) Change %
New Althan 3,761 -8.2
Bharthana 6,785 -0.2
Althan 4,474 0.5
New City Light 5,646 -7.6
Vesu 5,277 -5.9
Vip Road 5,424 -
Vip Road Vesu 6,079 -3.7
City Light 5,618 6.2
Piplod 6,010 4.6
Citylight Area 3,519 -

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Bhimrad are showcasing a variety of price points and market movements. Pioneer Luxury leads the segment with an average current rate of ₹5,254 per sq ft, despite a -14.02% change. Shreeji Sky City Luxuria is priced at ₹5,025 per sq ft, showing a positive 4.3% increase. Prestige Oliva Pride also demonstrates strong growth, with its rate rising by 7.81% to ₹4,902 per sq ft, highlighting aspirational options for buyers in the locality.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Pioneer Luxury 5,254 -14
Shreeji Sky City Luxuria 5,025 4.3
Shree Krishna Atlanta Sky Deck 4,944 -2.6
Prestige Oliva Pride 4,902 7.8
Aakash Echo Point 4,815 -
Meera Park 4,800 -
Eco Parkside 4,781 -0.8
Pioneer Viona 4,774 8.5
Madhav Meera Homes 4,718 1
White Wings Flamingo 4,688 -8.5
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