Govindji Group
- 2 Projects
Surat
The Palanpur real estate market exhibits a balanced growth trajectory with a focus on residential development across various stages. While apartment prices remain stable, the entry of new luxury projects has pushed the upper end of the price spectrum significantly higher. Rental activity in neighboring areas like Piplod and Adajan provides a broader perspective on the region's overall appeal to tenants. The presence of ready-to-move and mid-stage projects offers buyers a wide range of options based on their possession timelines.
As of June 2026, the average asking price in Palanpur is ₹4,000 per sq ft. This figure reflects a significant market appreciation of 7.03% compared to previous periods, indicating a resilient demand for residential properties in this locality.
Property prices in Palanpur have shown a steady upward trajectory, with the average asking price reaching ₹4,000 per sq ft in June 2026, up from ₹3,750 per sq ft in December 2025. This consistent growth suggests strong buyer confidence and sustained interest in the area's residential development.
Property rates vary across the region, with Palanpur currently at ₹4,000 per sq ft. Nearby, Pal commands a higher average asking price of ₹4,450 per sq ft, which has appreciated by 5.32% recently, while Jahangir Pura is priced at ₹3,700 per sq ft, showing a robust appreciation of 7.49%. Meanwhile, Adajan is priced at ₹3,900 per sq ft, reflecting a 2.93% appreciation, and Jahangirabad is currently at ₹3,600 per sq ft, which has seen a depreciation of 2.76%.
As of June 2026, villas in Palanpur are priced at an average of ₹12,400 per sq ft, having appreciated by 10.94% over the observed period. In contrast, apartments are significantly more accessible, with an average asking price of ₹4,000 per sq ft, which has seen a slight depreciation of 0.82%.
Property prices in Palanpur vary by construction stage as of June 2026. New launch projects command a premium at ₹5,750 per sq ft, reflecting a sharp appreciation of 34.81%. Mid-stage projects are priced at ₹4,100 per sq ft (up 0.95%), while ready-to-move units average ₹3,650 per sq ft (depreciated by 1.37%) and under-construction projects are priced at ₹3,400 per sq ft, maintaining stable rates with 0% change.
As of June 2026, some of the prominent projects in Palanpur include Sai Parisar, which leads with a listing rate of ₹5,750 per sq ft (an appreciation of 34.81%), and Shreepad Seasons at ₹5,350 per sq ft (an appreciation of 25.76%). Other notable projects include Divine Desire at ₹4,850 per sq ft (depreciated by 5.71%) and Santvan Newon at ₹4,750 per sq ft, which has remained stable with 0% change.
For commercial spaces, shops in Palanpur currently command an average rental rate of ₹50 per sq ft. This rate has seen a depreciation of 17.19% compared to the previous period, which may signal a market correction or an increase in available commercial supply in the locality.
Rental rates in the vicinity show distinct variations as of June 2026. Piplod is a premium rental market with an average rate of ₹100 per sq ft, reflecting a significant 25% appreciation. In contrast, Adajan offers a more moderate rental environment at ₹50 per sq ft, with rates remaining stable at 0% change.
Prospective buyers should view the current average asking price of ₹4,000 per sq ft in Palanpur as a benchmark for the June 2026 market. By comparing this against the status-wise pricing—such as the premium for new launches (₹5,750 per sq ft) versus the more affordable under-construction options (₹3,400 per sq ft)—buyers can align their investment with their budget and risk appetite for project completion timelines.
