The real estate market in Pal demonstrates a period of recalibration, with current residential property rates settling at ₹4,600 per sq ft. Market dynamics are shaped by a healthy mix of ready-to-move projects and new developments, providing buyers with varied entry points. Rental activity remains focused on specific segments, with office spaces commanding an average of ₹50 per sq ft. While price trends show minor fluctuations, the presence of premium projects continues to anchor the value proposition of the area. Developers are maintaining a consistent supply, ensuring that both immediate occupancy and long-term investment needs are met.
As of September 2026, the average asking price in Pal is ₹4,600 per sq ft. This figure represents a depreciation of 1.63% compared to the previous period, reflecting a recent market adjustment in this residential locality.
Property prices in Pal have shown a fluctuating trajectory throughout 2026. The average asking price stood at ₹4,200 per sq ft in December 2025, rose to ₹4,450 per sq ft by March 2026, peaked at ₹4,650 per sq ft in June 2026, and settled at ₹4,600 per sq ft as of September 2026.
Property prices in Pal vary significantly when compared to surrounding areas in Surat. As of September 2026, Pal Gam commands an average asking price of ₹4,950 per sq ft (depreciated by 0.42%), while Piplod stands at ₹4,700 per sq ft (depreciated by 14.25%). Other nearby localities include Althan at ₹4,600 per sq ft (appreciated by 4.08%), Palanpur at ₹4,100 per sq ft (appreciated by 2.45%), Adajan at ₹3,800 per sq ft (appreciated by 0.5%), Jahangirabad at ₹3,700 per sq ft (appreciated by 3.01%), Jahangir Pura at ₹3,550 per sq ft (depreciated by 3.18%), and Palanpur Gam at ₹3,250 per sq ft (stable with 0% change).
Villas in Pal are positioned at a significant premium compared to apartments. As of September 2026, the average price for a villa is ₹15,550 per sq ft, which has seen a depreciation of 1.35%. In contrast, apartments are priced at an average of ₹4,600 per sq ft, reflecting a depreciation of 1.63% over the same period.
Property prices in Pal are segmented by project status, with Ready To Move properties currently averaging ₹4,000 per sq ft (depreciated by 5%). Under Construction projects are priced at ₹3,900 per sq ft (depreciated by 3.45%), while New Launch projects are available at an average of ₹3,550 per sq ft (depreciated by 7.55%) as of September 2026.
As of September 2026, the premium projects in Pal include Shreepad Shivanta Vivanta at ₹6,000 per sq ft, Vaishnodevi Kingsley at ₹5,900 per sq ft, and Galaxy Aventura at ₹5,850 per sq ft. These projects have maintained stable pricing with 0% change, indicating strong positioning within the local market.
Yes, while many premium projects have maintained stable rates, some have seen significant appreciation. As of September 2026, Sangini Epitome has appreciated by 22.77% to reach ₹4,800 per sq ft, and Shreepad Antillia has appreciated by 21.92% to reach ₹4,750 per sq ft. Conversely, Rajhans Campus has seen a depreciation of 6.81%, currently priced at ₹4,900 per sq ft.
The rental market for office spaces in Pal is currently stable, with an average rental rate of ₹50 per sq ft as of September 2026. This rate has remained unchanged at 0% growth, providing a predictable cost baseline for businesses looking to establish a presence in the area.
Piplod, a nearby locality, currently commands an average rental rate of ₹100 per sq ft as of September 2026. This rate has remained stable with 0% change, reflecting a consistent rental demand in this specific segment of the Surat market.
Buyers should use the provided data to identify value by comparing the current average asking price of ₹4,600 per sq ft against specific project rates and status-wise averages. By observing the trend from December 2025 to September 2026, investors can gauge market momentum, while the comparison with nearby localities like Althan or Adajan helps in assessing whether Pal offers competitive pricing for their budget and investment goals.
