City Light continues to establish itself as a prominent residential and commercial hub in Surat, characterized by steady price appreciation and a diverse range of property options. The market has seen a notable shift in pricing, with residential apartments currently leading the value growth. Rental activity remains robust, particularly for commercial shop spaces, providing consistent yields for property owners. Local infrastructure and the ongoing development of key projects continue to underpin the market's stability, making it an attractive destination for potential buyers and tenants alike.
As of June 2026, the average asking price in City Light is ₹5,600 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this residential locality.
The micromarket rate in City Light has shown a positive trajectory, rising from ₹4,000 per sq ft in March 2026 to ₹4,150 per sq ft as of June 2026. This upward movement suggests a steady strengthening of demand within the area over the last quarter.
Property rates vary significantly across the surrounding neighbourhoods of Surat. As of June 2026, Vesu commands a higher average asking price of ₹5,400 per sq ft, while areas like Adajan and Jahangirabad are more accessible at ₹3,900 per sq ft and ₹3,600 per sq ft, respectively. Other nearby locations include Palanpur at ₹4,000 per sq ft, Althan at ₹4,400 per sq ft, Pal at ₹4,450 per sq ft, and Bhimrad at ₹4,600 per sq ft.
Apartments in City Light are currently priced at an average of ₹5,600 per sq ft as of June 2026. This segment has seen an appreciation of 6.18% compared to the previous period, reflecting strong buyer interest in the apartment-style residential inventory available in this locality.
As of June 2026, Ready To Move properties in City Light are available at an average price of ₹4,900 per sq ft. This price point represents a depreciation of 15.75% compared to the previous period, which may signal a market correction or an adjustment in the inventory mix currently available for immediate possession.
Several projects define the residential landscape in City Light, including Maa Gayatri Flats, Pooja Govindji Park, and Oriana Residency. As of June 2026, Maa Gayatri Flats is listed at ₹4,950 per sq ft (a 2.91% depreciation), Pooja Govindji Park at ₹4,900 per sq ft (a 1.62% depreciation), and Oriana Residency at ₹4,850 per sq ft (a 34.17% depreciation) compared to their previous benchmarks. These figures help potential buyers understand the current entry points for these specific developments.
The rental market for shops in City Light is currently averaging ₹150 per sq ft as of June 2026. This rate has experienced a depreciation of 12.92% compared to the previous period, which may be useful for business owners looking to lease commercial space in the area.
When evaluating rental options in the vicinity of City Light, Vesu is a key reference point 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, providing a comparative benchmark for those considering rental properties in the broader Surat West region.
