Surat
The real estate landscape in Katargam is defined by its accessible residential pricing and a clear distinction between property types. Market data indicates that while apartment values remain steady, villa properties command significantly higher premiums, reflecting a diverse range of living options. Rental demand for commercial shop spaces remains a notable segment of the local economy. Furthermore, Katargam maintains a distinct price positioning compared to neighboring localities in Surat, influencing overall investment sentiment.
As of Jun 2026, the average asking price in Katargam stands at ₹2,450 per sq ft. This rate has remained stable, showing 0% change, which indicates a period of price consolidation in the local residential market.
The micromarket rate in Katargam has shown a moderate upward trajectory, moving from ₹4,700 per sq ft in Dec 2025 to ₹4,850 per sq ft as of Jun 2026. This consistent quarter-over-quarter growth suggests a steady demand for residential properties within the area.
Property prices in Katargam, currently at ₹2,450 per sq ft, are generally more accessible than many surrounding localities. For comparison, as of Jun 2026, the average asking price in Pal is ₹4,450 per sq ft, Palanpur is ₹4,000 per sq ft, and Adajan is ₹3,900 per sq ft. While Katargam offers a lower entry point, areas like Pal and Palanpur command a premium, reflecting their specific market positioning and infrastructure development.
Villas in Katargam command a significantly higher valuation than apartments, with an average price of ₹11,850 per sq ft as of Jun 2026, which has appreciated by 10.38% since the previous reporting period. In contrast, apartments are priced at an average of ₹2,450 per sq ft as of Jun 2026, having depreciated by 1.66% over the same timeframe. This divergence highlights the premium nature of independent villa living compared to the more standardized apartment segment in the locality.
As of Jun 2026, the average rental rate for shops in Katargam is ₹50 per sq ft. This rate has seen a depreciation of 13.24% compared to the previous period, which may reflect a market adjustment in commercial leasing demand within the locality.
The rental rate for shops in Katargam is currently ₹50 per sq ft as of Jun 2026, which matches the average rental rate seen in Adajan. While Katargam has experienced a 13.24% depreciation in shop rental rates, Adajan has maintained price stability with 0% change over the same period, suggesting that Adajan currently offers a more consistent rental environment for commercial tenants.
Among the surrounding areas, Amroli has experienced the most notable shift, with the average asking price falling to ₹1,950 per sq ft as of Jun 2026, representing a 23.1% depreciation. Conversely, Jahangir Pura has seen strong growth, with prices rising to ₹3,700 per sq ft, an appreciation of 7.49% from the previous period. These variations indicate diverse investment climates across the different neighbourhoods near Katargam.
