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Property Rates in Narthan, Surat

Comprehensive Market Snapshot

Narthan, a prominent location in Surat, presents a dynamic real estate landscape characterized by varied property valuations across its sub-localities. While overall asking and registration rates are not available, specific areas within Narthan show distinct price movements. The rental market data, though limited, indicates activity in key sub-regions like Vesu. The property type analysis highlights the villa segment as a notable component of the market.

  • Dahin Nagar shows significant property value appreciation, increasing by 23.62% to an average of ₹3,747 per sq ft.
  • Pal Gam commands the highest average rate among listed localities at ₹4,681 per sq ft, with a substantial 13.67% rise.
  • Conversely, Palanpur Gam experienced a notable decline of -10.19%, with properties averaging ₹3,392 per sq ft.
  • The villa property type averages ₹4,551 per sq ft in Narthan, reflecting a -7.27% change.
  • Vesu, a key sub-locality, records an average rental rate of ₹20 per sq ft.

Insights for Narthan, Surat Real Estate Market

Narthan's real estate market in Surat exhibits a diverse set of property valuations and trends across its various sub-localities. The market's overall performance is influenced by localized demand and development, with some areas experiencing robust growth while others face corrections. Although comprehensive market-wide average asking and registration rates are not specified, a granular look at individual sub-markets provides valuable insights into the prevailing property dynamics. The rental market also contributes to the area's investment appeal, with specific regions demonstrating active rental demand.

  • Dahin Nagar stands out with a strong price increase of 23.62%, reaching an average rate of ₹3,747 per sq ft.
  • Pal Gam registers as the most premium sub-locality with an average rate of ₹4,681 per sq ft, growing by 13.67%.
  • Palanpur Gam has seen a significant price adjustment, with average rates decreasing by -10.19% to ₹3,392 per sq ft.
  • The villa segment in Narthan is priced at an average of ₹4,551 per sq ft, showing a -7.27% change.
  • The rental market in Vesu maintains an an average rate of ₹20 per sq ft, indicating a steady demand.

Market Strengths Market Strengths
  • Strong appreciation in specific sub-localities like Dahin Nagar, with a 23.62% increase.
  • High average property values in premium areas such as Pal Gam, reaching ₹4,681 per sq ft.
  • Positive growth trends in multiple sub-localities, including Jahangir Pura (15.36%) and Jahangirabad (4.05%).
  • Diverse property options available across various price points within Narthan's sub-markets.
  • A stable rental market in Vesu, with an average rental rate of ₹20 per sq ft.
Market Challenges Market Challenges
  • The villa property type has experienced a -7.27% change, averaging ₹4,551 per sq ft, suggesting potential price adjustments.
  • Palanpur Gam has seen a notable decline of -10.19% in average property rates, now at ₹3,392 per sq ft.
  • Pal's average property rates have decreased by -4.27%, currently standing at ₹4,278 per sq ft.
Investment Opportunities Investment Opportunities
  • Investing in Dahin Nagar, which has seen a 23.62% increase in average property rates to ₹3,747 per sq ft.
  • Considering Pal Gam for properties, as it commands the highest average rate of ₹4,681 per sq ft and has grown by 13.67%.
  • Exploring Jahangir Pura, where average rates have increased by 15.36% to ₹3,621 per sq ft.
  • Analyzing the rental market in Vesu, which has a steady average rental rate of ₹20 per sq ft.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Narthan, Surat

Price Trends by Property Type

Narthan's property market currently highlights the villa segment as a key residential offering. Villas in this area are priced at an average of ₹4,551 per sq ft. This specific property type has experienced a -7.27% change, indicating a recent adjustment in its average valuation.

Type Rate (₹/sq.ft) Change %
Villa 4,551 -7.27
Price Trends by Localities

The Narthan real estate market showcases diverse pricing across its sub-localities, offering options for various budgets and investment goals. Dahin Nagar has witnessed a substantial appreciation of 23.62%, with properties averaging ₹3,747 per sq ft. Pal Gam commands the highest average rate at ₹4,681 per sq ft, reflecting a healthy 13.67% growth. In contrast, Palanpur Gam saw its average rate decrease by -10.19% to ₹3,392 per sq ft, while Pal also experienced a -4.27% dip, averaging ₹4,278 per sq ft. Areas like Jahangir Pura and Jahangirabad also show positive trends, with rates at ₹3,621 per sq ft and ₹3,625 per sq ft, respectively.

Location Rate (₹/sq.ft) Change %
Dahin Nagar 3,747 23.6
Palanpur 4,119 7.2
Palanpur Gam 3,392 -10.2
Jahangir Pura 3,621 15.4
Jahangirabad 3,625 4.1
Pal 4,278 -4.3
Rander 3,965 -
Pal Gam 4,681 13.7
Bhatha 3,631 -
Singanpor 3,183 -
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