Surat
Katargam serves as a key residential hub in Surat, characterized by a diverse range of property offerings that cater to different buyer segments. The market currently sees apartments priced at an average of ₹2,450 per sq ft, reflecting a modest -1.66% change, while the villa segment commands a much higher valuation at ₹11,850 per sq ft. Rental activity in the region is marked by commercial interest, with shops averaging ₹50 per sq ft, despite an annual adjustment of -13.24%. This mix of affordable residential entry points and premium villa segments provides a balanced environment for long-term real estate planning.
The average asking price in Katargam is ₹2,450 per sq ft as of Sep 2026. This rate has remained stable with a 0% change compared to previous periods, indicating a steady market environment for residential apartments in this locality.
Property prices in the Katargam micromarket have shown a consistent upward trajectory, moving from ₹4,700 per sq ft in Dec 2025 to ₹5,050 per sq ft in Sep 2026. This gradual increase over the last three quarters reflects growing demand and sustained interest in the area, signaling a potentially positive outlook for property owners and investors.
Property prices in Katargam, currently at an average of ₹2,450 per sq ft, are notably lower than in surrounding areas. For comparison, Adajan currently averages ₹3,750 per sq ft (which has depreciated by 3.61%), Jahangir Pura averages ₹3,650 per sq ft (depreciated by 1.94%), and Jahangirabad averages ₹3,600 per sq ft (depreciated by 0.19%). These figures suggest that Katargam remains a more accessible entry point for buyers looking for value within the broader region.
There is a significant price variance between property types in Katargam as of Sep 2026. Villas command a premium with an average price of ₹11,850 per sq ft, which has appreciated by 10.38% compared to the previous period. In contrast, apartments are priced at an average of ₹2,450 per sq ft, which has seen a minor depreciation of 1.66% over the same timeframe, highlighting a clear distinction in market positioning between luxury villa segments and standard apartment living.
The average rental rate for shops in Katargam is ₹50 per sq ft as of Sep 2026. This rate has experienced a depreciation of 13.24% compared to previous periods, which may indicate a market correction or a shift in supply-demand dynamics for commercial rental spaces in the locality.
Rental rates in Adajan currently stand at ₹50 per sq ft as of Sep 2026, showing price stability with 0% change over the observed period. While Katargam focuses on specific property types like shops, the stability in Adajan's rental market suggests a consistent demand for residential and commercial leasing in that specific neighbourhood.
