Property Rates in Palanpur, Surat

Property rates in Palanpur have shown some fluctuation over the past few quarters. The average location rate was ₹3,757 per sq ft in Dec 2025, which increased to ₹4,021 per sq ft by Mar 2026, showing an upward trend. Prior to that, in Sep 2025, the rate was ₹3,843 per sq ft, and in Jun 2025, it was ₹3,836 per sq ft. The micromarket rate, however, saw a dip from ₹5,671 per sq ft in Sep 2025 to ₹4,787 per sq ft in Mar 2026, suggesting varied performance across different sub-segments.

Property prices in Palanpur exhibit significant variation across its neighborhoods. Pal Gam shows the highest average rate at ₹4,681 per sq ft, with no change percentage reported. Pal follows with an average rate of ₹4,433 per sq ft, appreciating by 5.32% from the previous period. Rander is priced at ₹3,965 per sq ft, and Adajan at ₹3,905 per sq ft, both with a 0% change. Lower rates are observed in Jahangirabad at ₹3,592 per sq ft, which has depreciated by 2.76%, and Palanpur Gam at ₹3,392 per sq ft, showing stable prices.

In Palanpur, apartments are priced at an average of ₹4,021 per sq ft as of March 2026, appreciating by 7.03%. Villas, on the other hand, command a higher average price of ₹12,389 per sq ft, showing a significant appreciation of 10.94% over the same period. This indicates a strong demand and potentially higher value for villa properties in the area.

Property prices in Palanpur vary by construction status. Ready To Move properties are currently priced at an average of ₹3,626 per sq ft, having depreciated by 1.37% as of March 2026. Mid Stage projects are priced slightly higher at ₹3,854 per sq ft, with a depreciation of 4.77%. New Launch projects represent the highest price point at ₹5,739 per sq ft, showing a substantial appreciation of 34.81%, suggesting a premium for newly introduced inventory.

As of March 2026, Sai Parisar leads in Palanpur with the highest listing rate at ₹5,739 per sq ft, appreciating by 34.81%. Shreepad Seasons follows with a listing rate of ₹5,331 per sq ft, up by 25.76%. Divine Desire is listed at ₹4,836 per sq ft, showing a depreciation of 5.71%. Other projects like Santvan Newon and Santvan Skyon are priced at ₹4,736 per sq ft and ₹4,688 per sq ft respectively, with no reported change in their rates.

The average rental rate in Palanpur is currently ₹0 per sq ft, with a rental yield reported as 'NA'. This indicates that specific rental data for Palanpur is not available in the current dataset. However, for the broader area, Vesu shows an average rental rate of ₹22 per sq ft with no change percentage, and shops in Palanpur are averaging ₹64 per sq ft, having depreciated by 9.86%.

Among the micromarkets analyzed, Vesu shows an average rental rate of ₹22 per sq ft as of March 2026, with no reported change percentage. This suggests stable rental values in Vesu. While specific rental data for Palanpur itself is not detailed, this figure from a nearby micromarket provides a benchmark for rental expectations in the broader region.

As of March 2026, shops in Palanpur have an average rental rate of ₹64 per sq ft. This represents a depreciation of 9.86% compared to the previous period, indicating a softening in rental demand or an increase in supply for commercial shop spaces in Palanpur.

In Palanpur, Ready To Move properties are priced at an average of ₹3,626 per sq ft as of March 2026, showing a slight depreciation of 1.37%. Mid Stage projects are priced at ₹3,854 per sq ft, with a more significant depreciation of 4.77%. New Launch projects are the most expensive at ₹5,739 per sq ft, having appreciated by 34.81%. This suggests that buyers might find Ready To Move options more budget-friendly, while New Launches offer premium pricing with high growth potential.

The property rate data across Palanpur's micromarkets reveals varied investment signals. Pal Gam and Dahin Nagar show stable prices (0% change), suggesting maturity or balanced supply and demand. Jahangirabad has seen a depreciation of 2.76%, which could present a buying opportunity for value-conscious investors. Conversely, Pal has appreciated by 5.32% and Pal Gam by 0%, indicating positive market sentiment and potential for capital appreciation in these specific micro-pockets.

As of March 2026, the average asking price for Palanpur as a whole is ₹4,021 per sq ft. This is lower than the micromarket rate of ₹4,787 per sq ft recorded for the same period. This difference suggests that while the overall Palanpur average is influenced by various factors, certain micromarkets within it command higher property values, potentially due to specific amenities, development, or demand drivers.