Surat
The Katargam property market presents a clear distinction between residential and premium asset classes. Apartment buyers currently benefit from competitive entry points, whereas villa properties cater to a high-end demand segment. Rental activity is notably influenced by commercial demand in surrounding areas, providing a steady baseline for property owners. Local developers continue to shape the residential landscape, balancing diverse project types to meet evolving buyer requirements.
As of June 2026, the average asking price in Katargam stands at ₹2,450 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this residential locality. For prospective buyers, this stability provides a predictable baseline for evaluating property investments in the area.
The micromarket rate in Katargam has shown a positive trajectory, rising to ₹4,850 per sq ft in June 2026 from ₹4,800 per sq ft in March 2026. This upward movement reflects a steady demand within the broader micromarket, following a slight fluctuation in late 2025. Investors and homebuyers should note that while the specific locality average for apartments has held steady, the surrounding micromarket environment is demonstrating incremental growth.
Property prices in Katargam vary significantly compared to surrounding neighbourhoods in Surat. While Katargam averages ₹2,450 per sq ft, nearby Palanpur commands a higher average of ₹4,000 per sq ft, having appreciated by 7.03% from June 2025 to June 2026. Conversely, Amroli has seen a notable depreciation of 23.1% over the same period, bringing its average rate down to ₹1,950 per sq ft, highlighting the diverse investment landscapes within this region.
Villas in Katargam are positioned at a premium compared to apartments, with an average price of ₹11,850 per sq ft as of June 2026. This segment has seen significant growth, appreciating by 10.38% from June 2025 to June 2026. In contrast, apartments are more accessible at an average of ₹2,450 per sq ft, though this segment experienced a minor depreciation of 1.66% over the same period, reflecting differing demand dynamics for these property types.
As of June 2026, the average rental rate for shops in Katargam is ₹50 per sq ft. This rate has seen a depreciation of 13.24% from June 2025 to June 2026, which may suggest a shift in commercial leasing demand or an adjustment in market supply. Business owners looking for rental space should consider this downward trend as a potential opportunity for more competitive lease negotiations.
