Surat
The real estate market in New Althan is currently defined by a price point of ₹3,750 per sq ft for apartment properties. Recent quarterly data indicates a transition in market valuation, moving from ₹4,100 per sq ft in September 2025 to the current rate. While the broader micromarket commands an average of ₹4,600 per sq ft, New Althan remains a distinct sub-market with its own trajectory. Investors and homebuyers are evaluating these shifts against the backdrop of surrounding locations like Vesu and Bhimrad, which offer varying price benchmarks.
The average asking price in New Althan is ₹3,750 per sq ft as of June 2026. This rate has remained stable with a 0% change compared to previous reporting periods, indicating a consistent pricing environment for residential apartments in this locality.
Property prices in the New Althan micromarket have shown an upward trajectory, rising from ₹4,500 per sq ft in March 2026 to ₹4,900 per sq ft as of June 2026. This increase reflects a strengthening demand for residential space in the area, contrasting with the more static average asking price of ₹3,750 per sq ft observed for the locality overall.
Property rates in New Althan, currently at ₹3,750 per sq ft, sit in the mid-range when compared to other prominent Surat neighbourhoods. For instance, Vesu commands a higher average rate of ₹5,400 per sq ft (which depreciated by 1.49% from an unspecified prior period), while Dindoli offers a more affordable entry point at ₹2,700 per sq ft, having appreciated by 3.62%.
Apartments in New Althan are currently priced at an average of ₹3,750 per sq ft as of June 2026. This represents a depreciation of 8.16% compared to the previous period, which suggests a market correction or an adjustment in seller expectations within the apartment segment.
While specific rental data for New Althan is currently unavailable, nearby Vesu provides a benchmark with an average rental rate of ₹50 per sq ft as of June 2026. This rate has seen a depreciation of 4.55% compared to the previous period, which investors should consider when evaluating the potential income-generating capacity of residential assets in the broader region.
