Surat
Ghod Dod Road serves as a key residential center in Surat, with property values for apartments currently averaging ₹5,400 per sq ft. Recent market activity reflects a positive trend, with apartment prices climbing by 11.89% over the recent period. While the residential segment remains the primary focus for buyers, the rental market provides additional utility for property owners, particularly in nearby hubs like Piplod where rental rates are at ₹100 per sq ft. The surrounding areas display a range of valuation points, allowing investors to compare the premium status of this corridor against other developing sectors.
As of September 2026, the average asking price in Ghod Dod Road stands at ₹5,400 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consistency in this residential market.
The micromarket rates in Ghod Dod Road have shown a consistent upward trajectory throughout 2026. Data indicates the rate rose from ₹3,950 per sq ft in December 2025 to ₹4,000 per sq ft in March 2026, further increasing to ₹4,200 per sq ft in June 2026, and reaching ₹4,250 per sq ft as of September 2026. This steady growth suggests resilient demand for properties in this area.
As of September 2026, there is a significant price variance between property types in Ghod Dod Road. Apartments are currently priced at an average of ₹5,400 per sq ft, which has appreciated by 11.89% compared to the previous period. Conversely, villas are priced at ₹14,300 per sq ft, having depreciated by 7.71% over the same timeframe, reflecting a shift in market valuation for luxury landed properties versus high-rise residential units.
Property rates in the vicinity of Ghod Dod Road vary significantly across different Surat neighbourhoods as of September 2026. Adajan currently averages ₹3,800 per sq ft (up 0.5%), Althan averages ₹4,600 per sq ft (up 4.08%), and Pal Gam averages ₹4,950 per sq ft (down 0.42%). Meanwhile, Pal is at ₹4,600 per sq ft (down 1.63%) and Piplod is at ₹4,700 per sq ft (down 14.25%), highlighting that Ghod Dod Road remains at a premium compared to many of these surrounding residential hubs.
As of September 2026, the average rental rate for shops in Ghod Dod Road is ₹50 per sq ft. This rate has depreciated by 3.45% compared to the previous period, which may signal a market correction or a shift in commercial leasing demand within the locality.
While the average rental rate for shops in Ghod Dod Road is ₹50 per sq ft, the rental market in the nearby Piplod area is currently commanding a higher rate of ₹100 per sq ft as of September 2026. The rental rate in Piplod has remained stable with a 0% change, suggesting that Piplod currently offers a higher rental value proposition for commercial tenants compared to the Ghod Dod Road corridor.
The 0% change in the overall average asking price of ₹5,400 per sq ft in Ghod Dod Road as of September 2026 suggests a balanced market where demand and supply are currently in equilibrium. For buyers, this stability provides a predictable environment for decision-making, as it indicates that the market is not experiencing the volatility of rapid price spikes or sharp corrections, allowing for more measured investment planning.
