Surat
The Katargam property market presents a balanced landscape for both residential and commercial stakeholders. Apartment prices remain steady at ₹2,450 per sq ft, while the villa segment has recorded a significant growth of 10.38%, indicating a shift in luxury demand. Rental activity is currently anchored by shop spaces, which provide consistent utility despite a year-over-year adjustment. This mix of residential stability and commercial rental potential makes the area a point of interest for diverse investment strategies.
The average asking price in Katargam is ₹2,450 per sq ft as of Jun 2026. This rate has remained stable with a 0% change compared to previous reporting periods, suggesting a period of price consolidation in the local residential market.
The micromarket rate in Katargam has shown a positive trajectory, reaching ₹4,850 per sq ft in Jun 2026, up from ₹4,800 per sq ft in Mar 2026. This upward movement indicates strengthening demand within the broader micromarket, following a more volatile period in late 2025.
Katargam currently maintains a distinct price profile compared to neighbouring areas. In contrast to the average asking price in Katargam of ₹2,450 per sq ft, nearby Adajan is priced at ₹3,750 per sq ft (which depreciated by 3.61% recently), Jahangir Pura at ₹3,650 per sq ft (depreciated by 1.94%), and Jahangirabad at ₹3,600 per sq ft (depreciated by 0.19%). These figures reflect the diverse valuation landscape across these Surat localities.
Villas in Katargam command a significant premium, with an average price of ₹11,850 per sq ft as of Jun 2026, having appreciated by 10.38% over the measured period. Conversely, apartments are much more accessible at an average price of ₹2,450 per sq ft, which has seen a slight depreciation of 1.66% compared to the prior period.
The average rental rate for shops in Katargam is ₹50 per sq ft as of Jun 2026. This rate has experienced a depreciation of 13.24% compared to the previous period, reflecting a correction in the local commercial rental market.
Adajan currently offers an average rental rate of ₹50 per sq ft as of Jun 2026, showing price stability with 0% change over the observed period. While Katargam's rental data is focused on specific property types like shops, Adajan provides a benchmark for residential and general rental activity in the surrounding region.
