Pal, Surat, presents an active real estate market with an average asking price of ₹4,433 per sq ft. While rental income data is not widely available for the broader Pal area, specific property types like apartments are seeing a positive trend. The market features a healthy mix of property statuses, including Ready To Move, Mid Stage, and New Launch projects, catering to diverse buyer needs. Notably, several top projects are listed with asking rates exceeding ₹5,000 per sq ft, indicating a premium segment within the locality.
The Pal real estate market in Surat is characterized by a current asking price averaging ₹4,433 per sq ft, with a notable increase observed in apartment prices. Price trends over the last few quarters show fluctuation, with rates varying between ₹4,209 and ₹4,469 per sq ft for the location and ₹3,972 to ₹4,424 per sq ft for the micromarket. The rental market, though not extensively detailed, shows an average rental rate of ₹42 per sq ft for office spaces, with a rental yield of 11.37%. Property types like villas are priced higher at ₹15,530 per sq ft, while apartments average ₹4,433 per sq ft. Projects in Ready To Move status are priced at ₹4,276 per sq ft, Mid Stage at ₹4,285 per sq ft, and New Launch at ₹4,074 per sq ft. Among the top projects by listing rates, Pramukh Central Park commands ₹6,054 per sq ft, and Rajhans Campus shows a significant 14.61% increase.
Comprehensive assessment of your property's current worth in the current market
The property market in Pal, Surat, has shown some quarterly fluctuations. Looking ahead to March 2026, the asking price is projected at ₹4,433 per sq ft, a slight increase from December 2025's ₹4,209 per sq ft. The preceding quarters saw rates around ₹4,469 per sq ft in September 2025 and ₹4,445 per sq ft in June 2025, indicating a generally stable to upward trend for the location.
In Pal, Surat, apartments are the predominant property type, averaging ₹4,433 per sq ft and showing a positive 5.32% change. Villas represent a more premium segment, with an average price of ₹15,530 per sq ft, though they have seen a slight decrease of 1.35%. This highlights a market catering to both apartment buyers seeking value and villa buyers looking for luxury.
The Pal market offers properties across various stages of development. Ready To Move projects are available at an average of ₹4,276 per sq ft, while Mid Stage projects are priced slightly higher at ₹4,285 per sq ft. New Launch projects, however, are more affordably priced at ₹4,074 per sq ft. This range allows buyers to choose based on their preference for immediate occupancy or investment potential.
Pal's real estate landscape is diverse, with various sub-localities presenting distinct price points. Pal Gam commands an average rate of ₹4,681 per sq ft, while Palanpur Gam is more accessible at ₹3,392 per sq ft. Palanpur itself averages ₹4,021 per sq ft, showing a 7.03% increase. Other areas like Adajan are priced at ₹3,905 per sq ft, Rander at ₹3,965 per sq ft, and Jahangirabad at ₹3,592 per sq ft. City Light Area is priced at ₹3,519 per sq ft, contrasting with City Light at a higher ₹5,618 per sq ft.
Several premium residential projects in Pal, Surat, are setting high benchmarks for asking prices. Pramukh Central Park leads with a rate of ₹6,054 per sq ft, followed by Sumeru Golden Leaf at ₹5,885 per sq ft. Shivam The Impression is priced at ₹5,705 per sq ft, and Sangini Aura at ₹5,630 per sq ft. Rajhans Campus, with a notable 14.61% increase, is priced at ₹5,280 per sq ft, reflecting strong buyer interest in these upscale developments.
Rental rate information for specific sub-locations within Pal, Surat, is limited, with only Vesu mentioned at ₹22 per sq ft.
In Pal, Surat, office spaces are currently the focus for rental data, averaging ₹42 per sq ft with no reported year-on-year change. Rental data for residential property types like apartments or villas is not detailed.
The average asking price in Pal, as of March 2026, is ₹4,433 per sq ft. This represents an appreciation of 5.32% from the previous quarter, indicating a positive trend in property values within the locality.
Property prices in Pal have shown some fluctuation over the past few quarters. The average asking price was ₹4,433 per sq ft in March 2026, up from ₹4,209 per sq ft in December 2025, showing an increase. Prior to that, in September 2025, the rate was ₹4,469 per sq ft, and in June 2025, it stood at ₹4,445 per sq ft. This suggests a generally stable to slightly increasing trend, with a dip in September 2025 before recovering.
Property rates vary significantly across the micromarkets within Pal. Pal Gam has the highest average rate at ₹4,681 per sq ft with no change, while Palanpur Gam is priced lower at ₹3,392 per sq ft, also with no change. Palanpur shows a notable appreciation of 7.03%, reaching ₹4,021 per sq ft. Other micromarkets like Jahangirabad have seen a depreciation of 2.76% to ₹3,592 per sq ft, and City Light commands a higher rate of ₹5,618 per sq ft.
In Pal, apartments are priced at an average of ₹4,433 per sq ft as of March 2026, which has appreciated by 5.32% from the previous quarter. Villas, on the other hand, are priced significantly higher at ₹15,530 per sq ft, though they have seen a slight depreciation of 1.35%.
As of March 2026, Ready To Move properties in Pal are priced at an average of ₹4,276 per sq ft, showing a depreciation of 2.93%. Mid Stage projects are priced at ₹4,285 per sq ft, with a more significant depreciation of 8.86%. New Launch projects are averaging ₹4,074 per sq ft, having depreciated by 1.34%. This indicates that under-construction properties, particularly new launches, are currently priced lower than ready-to-move options.
Among the projects in Pal, Pramukh Central Park leads with the highest listing rate at ₹6,054 per sq ft, having appreciated by 3.35%. Sumeru Golden Leaf follows at ₹5,885 per sq ft with no change in rate. Shivam The Impression is listed at ₹5,705 per sq ft, also without any rate change. Other notable projects include Sangini Aura at ₹5,630 per sq ft and Rajhans Campus at ₹5,280 per sq ft.
The average rental rate in Pal is ₹42 per sq ft as of March 2026. The area offers a rental yield of 11.37%, which suggests a potentially attractive return on investment for property owners looking to generate rental income relative to the capital value of their properties.
Rental rates can differ across micromarkets. In the provided data, Vesu shows an average rental rate of ₹22 per sq ft, with no change recorded. While Pal's overall average rental rate is ₹42 per sq ft, specific micromarket data beyond Vesu is limited in this dataset, making it difficult to pinpoint other premium rental zones within Pal itself.
For property types available in Pal, office spaces are currently averaging ₹42 per sq ft for rent, with no change reported in the rental rate. Data for other property types like apartments or villas for rent within Pal is not detailed in this specific dataset.
The average asking price for apartments in Pal, as of March 2026, stands at ₹4,433 per sq ft. This figure has appreciated by 5.32% compared to the previous quarter, indicating a growing demand or value perception for apartments in this locality.
As of March 2026, 'Ready To Move' properties in Pal are priced at an average of ₹4,276 per sq ft, reflecting a 2.93% depreciation. In contrast, 'New Launch' properties are priced at ₹4,074 per sq ft, having seen a 1.34% depreciation. This suggests that newly launched projects are currently more affordably priced than ready-to-move options in Pal.
A rental yield of 11.37% in Pal, as of March 2026, indicates the annual return an investor can expect from rental income relative to the property's capital value. This is a strong yield, suggesting that properties in Pal could offer a good balance between capital appreciation and consistent rental income, making it potentially attractive for buy-to-let investors.
You can use the property rate data for Pal to understand market trends, compare micromarket pricing, and identify investment opportunities. For instance, observing the 5.32% appreciation in average asking price to ₹4,433 per sq ft as of March 2026, alongside micromarket variations and rental yields, helps in assessing current market conditions and future potential for both end-users and investors.
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