Surat
The real estate market in Katargam serves as a key residential hub in Surat, with property values currently averaging ₹2,450 per sq ft. Recent data indicates a slight adjustment in apartment pricing, while the wider micromarket remains significantly higher. Rental activity in the region is marked by a clear demand for commercial space, particularly in the shop category. Developers continue to align their projects with these market trends to maintain buyer interest.
As of June 2026, the average asking price in Katargam is ₹2,450 per sq ft. This rate has remained stable with a 0% change, indicating that property values in this locality have maintained consistency over the recent period.
The micromarket rate in Katargam has shown a positive trajectory, moving from ₹4,700 per sq ft in December 2025 to ₹4,850 per sq ft as of June 2026. This upward trend suggests a strengthening demand within the broader micromarket, despite the stability seen in the specific locality's average asking price.
Property rates in Katargam, currently at ₹2,450 per sq ft, are generally more accessible than many surrounding neighbourhoods. For comparison, Pal currently commands ₹4,450 per sq ft (which appreciated by 5.32% from an unspecified period), Palanpur stands at ₹4,000 per sq ft (up 7.03%), and Adajan is at ₹3,900 per sq ft (up 2.93%). Conversely, Amroli has seen a significant depreciation of 23.1%, bringing its average rate down to ₹1,950 per sq ft as of June 2026.
There is a significant price variance between property types in Katargam as of June 2026. Apartments are currently priced at an average of ₹2,450 per sq ft, which has seen a minor depreciation of 1.66% compared to the previous period. In contrast, villas command a much higher premium at ₹11,850 per sq ft, having appreciated by 10.38% over the same timeframe, reflecting strong demand for luxury or independent housing segments.
As of June 2026, the average rental rate for shops in Katargam is ₹50 per sq ft. This figure reflects a depreciation of 13.24% compared to the previous period, which may signal a market correction or a shift in commercial leasing demand within the locality.
While Katargam currently sees shop rentals at ₹50 per sq ft, neighbouring Adajan also maintains an average rental rate of ₹50 per sq ft as of June 2026. This rental rate in Adajan has remained stable with 0% change, suggesting that both areas currently offer comparable commercial rental positioning for tenants and investors.
The 0% change in the average asking price of ₹2,450 per sq ft in Katargam as of June 2026 suggests a balanced market where supply and demand are currently in equilibrium. For investors, this stability can be a sign of a low-volatility environment, making it a potentially suitable location for long-term hold strategies rather than short-term speculative gains.
