Surat
Dumas Road presents a distinct investment profile for those looking at Surat's expanding residential landscape. While price fluctuations have been observed over the recent quarters, the market is currently stabilizing around the ₹4,750 per sq ft mark. Rental activity in the broader region remains stable, with nearby Vesu commanding rates around ₹50 per sq ft, offering a benchmark for potential yields. Developers are actively managing inventory across various stages, ensuring a steady supply for new residents.
As of March 2026, the average asking price in Dumas Road is ₹4,750 per sq ft. This rate has remained stable with a 0% change compared to previous periods, indicating a period of price consolidation in this locality.
Property prices in Dumas Road have shown a downward trajectory over the last few quarters. The micromarket rate was recorded at ₹4,500 per sq ft in March 2026, down from ₹4,600 per sq ft in December 2025, ₹5,600 per sq ft in September 2025, and ₹5,200 per sq ft in June 2025, reflecting a market correction in the area.
Property rates in Dumas Road, currently at ₹4,750 per sq ft, are positioned competitively against several surrounding neighbourhoods. For instance, Vesu currently averages ₹5,400 per sq ft (which depreciated by 1.49% from the previous period), while Bhimrad and Althan stand at ₹4,600 per sq ft and ₹4,400 per sq ft respectively, both having seen depreciations of 3.08% and 2.56%. Conversely, areas like Pal and Palanpur have shown growth, with rates at ₹4,450 per sq ft (up 5.32%) and ₹4,000 per sq ft (up 7.03%) respectively.
Apartments in Dumas Road are currently priced at an average of ₹4,750 per sq ft as of March 2026, which represents a depreciation of 9.51% compared to the prior period. For projects currently in the Mid Stage of construction, the average price is ₹4,850 per sq ft, which has seen a significant depreciation of 37.05% over the same timeframe, suggesting a shift in developer pricing strategies for under-construction inventory.
While Dumas Road itself does not currently show an active average rental rate, the nearby locality of Vesu reports an average rental rate of ₹50 per sq ft as of March 2026. This rental rate has remained stable with a 0% change, providing a benchmark for landlords and tenants looking at residential leasing options within this part of Surat.
Avadh Classima is a notable project in Dumas Road, with a current listing rate of ₹4,850 per sq ft as of March 2026. This rate reflects a depreciation of 53.32% compared to the previous period, which is a significant adjustment that potential buyers should evaluate when considering entry points into this specific development.
Buyers should interpret the current average asking price of ₹4,750 per sq ft in Dumas Road as a baseline for negotiation, especially given the recent price volatility observed in the broader micromarket. Since the Government Registration Rate is currently not specified, buyers are encouraged to verify actual transaction values and compare them against the listed rates of projects like Avadh Classima to ensure they are making an informed investment decision based on the March 2026 market data.
