Surat
The real estate market along Dumas Road currently presents a stable environment for prospective buyers, with an average asking price of ₹4,750 per sq ft for apartments. While the sector has seen a downward correction in pricing compared to previous quarters, the availability of under-construction projects at ₹4,850 per sq ft suggests continued development interest in this corridor. Rental activity in the broader region remains active, with nearby Vesu commanding average rental rates of ₹50 per sq ft.
As of June 2026, the average asking price in Dumas Road stands at ₹4,750 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
Property prices in Dumas Road have shown a fluctuating trajectory over the last year. The micromarket rate moved from ₹5,600 per sq ft in September 2025 to ₹4,600 per sq ft in December 2025, followed by a rise to ₹4,500 per sq ft in March 2026 and reaching ₹4,900 per sq ft by June 2026.
Property rates in Dumas Road, at ₹4,750 per sq ft, are positioned competitively against surrounding areas. For instance, Vesu currently averages ₹5,400 per sq ft (which depreciated by 1.49% compared to the previous period), while Bhimrad and Althan record averages of ₹4,600 per sq ft and ₹4,400 per sq ft respectively, both having seen minor depreciations of 3.08% and 2.56%.
As of June 2026, Under Construction properties in Dumas Road are priced at an average of ₹4,850 per sq ft, a rate that has remained stable with 0% change over the observed period. In comparison, the broader apartment segment in the locality is priced at ₹4,750 per sq ft, which has experienced a depreciation of 9.51% compared to the previous period.
The rental market in the nearby Vesu area is currently averaging ₹50 per sq ft as of June 2026. This rate has seen a depreciation of 4.55% compared to the previous period, which suggests a softening in rental demand or an increase in available rental inventory in that specific micromarket.
While specific rental yield data for Dumas Road is currently unavailable, investors should note that the average asking price for residential apartments in the locality is ₹4,750 per sq ft as of June 2026. Prospective landlords should monitor the rental rates in neighbouring areas like Vesu, which currently command ₹50 per sq ft, to gauge the potential income generation relative to the capital investment required for property acquisition in this region.
Avadh Classima is a prominent project in Dumas Road with a current listing rate of ₹4,850 per sq ft as of June 2026. This project has seen a significant price adjustment, with rates depreciating by 53.32% compared to the previous period, reflecting a major shift in its market positioning.
