Pal serves as a vibrant hub within Surat, characterized by a steady appreciation in property values and a robust inventory of residential options. The market benefits from a healthy mix of ready-to-move and under-construction projects, catering to diverse buyer timelines and investment goals. Rental demand remains particularly strong, supported by high yields and competitive rates for office spaces. Strategic infrastructure growth continues to bolster the locality's desirability for both homeowners and commercial tenants.
As of June 2026, the average asking price in Pal is ₹4,450 per sq ft. This figure reflects an appreciation of 5.32% compared to the previous period, signaling a resilient demand for residential properties in this locality.
The property price trend in Pal has shown an upward trajectory, with the location rate rising from ₹4,200 per sq ft in December 2025 to ₹4,650 per sq ft by June 2026. This consistent growth indicates sustained buyer interest and a tightening supply of premium residential inventory in the area.
Property rates in Pal, currently at ₹4,450 per sq ft, are positioned higher than several surrounding neighbourhoods. For instance, Palanpur averages ₹4,000 per sq ft (which appreciated by 7.03%), Adajan averages ₹3,900 per sq ft (up 2.93%), and Jahangir Pura averages ₹3,700 per sq ft (up 7.49%). Conversely, Vesu commands a higher premium at ₹5,400 per sq ft, despite a recent depreciation of 1.49%.
As of June 2026, apartments in Pal command an average price of ₹4,650 per sq ft, having appreciated by 5.32% over the observed period. In contrast, villas are priced significantly higher at ₹15,550 per sq ft, which represents a depreciation of 1.35% compared to the previous period.
Property rates in Pal vary by construction stage as of June 2026. Ready to move properties are priced at ₹4,250 per sq ft, reflecting a 3.33% depreciation, while mid-stage projects are priced at ₹4,800 per sq ft with a 2.26% appreciation. Under construction projects are stable at ₹4,000 per sq ft, and new launch projects are priced at ₹4,000 per sq ft, showing a 2.89% depreciation.
As of June 2026, premium projects in Pal include Pramukh Central Park at ₹6,050 per sq ft (up 3.35%), Sumeru Golden Leaf at ₹5,900 per sq ft (stable), and Shivam The Impression at ₹5,700 per sq ft (stable). Other notable projects include Sangini Aura at ₹5,650 per sq ft (up 0.32%) and Rajhans Campus at ₹5,300 per sq ft, which has seen a significant appreciation of 14.61%.
As of June 2026, the average rental rate in Pal is ₹42 per sq ft, a rate that has remained stable with 0% change. The locality offers a robust rental yield of 11.33%, which is a key metric for investors evaluating the income potential of their capital outlay in this market.
Office spaces in Pal currently command an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with 0% change over the observed period, indicating a consistent demand for commercial leasing in the locality.
A rental yield of 11.33% in Pal, as of June 2026, suggests a strong income-generating potential for property owners relative to the current average asking price of ₹4,450 per sq ft. Investors typically view such yields as an indicator of a healthy balance between property valuation and rental demand, making it a potentially attractive destination for those seeking steady rental income.
While Pal maintains an average rental rate of ₹42 per sq ft as of June 2026, the nearby area of Vesu commands a higher average rental rate of ₹50 per sq ft. It is important to note that rental rates in Vesu have seen a depreciation of 4.55% compared to the previous period, whereas rates in Pal have remained stable.
