Govindji Group
- 2 Projects
Surat
The real estate market in Palanpur exhibits a balanced growth trajectory, characterized by a mix of ready-to-move and developing residential projects. While apartment prices remain stable at ₹4,000 per sq ft, the villa segment has seen significant appreciation, highlighting a strong demand for spacious, premium housing. Rental activity in the broader region remains competitive, with notable rates observed in nearby localities like Piplod and Adajan. Developers are actively introducing new inventory, which continues to shape the price landscape across the region.
As of June 2026, the average asking price in Palanpur is ₹4,000 per sq ft. This rate reflects an 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 consistent upward trajectory, moving from ₹3,750 per sq ft in December 2025 to ₹4,000 per sq ft by June 2026. This steady growth suggests a stable and strengthening market, providing confidence for both end-users and investors looking for long-term value.
Palanpur, with an average asking price of ₹4,000 per sq ft as of June 2026, sits in a competitive position relative to its neighbors. For instance, Pal commands a higher average rate of ₹4,450 per sq ft, which has appreciated by 5.32% over the observed period, while Jahangirabad is priced at ₹3,600 per sq ft, reflecting a depreciation of 2.76%.
As of June 2026, there is a significant price gap between property types in Palanpur. Villas are currently priced at an average of ₹12,400 per sq ft, having appreciated by 10.94% compared to previous data, while apartments are priced at ₹4,000 per sq ft, which saw a minor depreciation of 0.82% over the same period.
Property rates in Palanpur vary significantly based on construction stage as of June 2026. New Launch projects command the highest premium at ₹5,750 per sq ft, showing a sharp appreciation of 34.81% compared to earlier periods, while Under Construction projects are priced at ₹3,400 per sq ft with stable rates. Ready To Move units are available at ₹3,650 per sq ft, experiencing a slight depreciation of 1.37%.
As of June 2026, Sai Parisar leads the market in Palanpur with a listing rate of ₹5,750 per sq ft, marking a significant appreciation of 34.81%. Other prominent projects include Shreepad Seasons at ₹5,350 per sq ft (up 25.76%) and Divine Desire at ₹4,850 per sq ft, which has seen a depreciation of 5.71% compared to the previous period.
As of June 2026, shops in Palanpur are available for rent at an average rate of ₹50 per sq ft. This sector has experienced a depreciation of 17.19% compared to the previous period, which may present a more accessible entry point for business owners looking to establish a presence in the locality.
Rental rates in the vicinity of Palanpur show distinct variations as of June 2026. Piplod commands a premium rental rate of ₹100 per sq ft, reflecting a strong appreciation of 25% over the observed period, while Adajan offers a more moderate rental rate of ₹50 per sq ft, which has remained stable with 0% change.
A buyer should view the current average asking price of ₹4,000 per sq ft in June 2026 as a sign of a maturing market. The consistent growth from ₹3,750 per sq ft in December 2025 suggests that the locality is attracting sustained interest, making it important for buyers to compare these trends against specific project statuses, such as the premium pricing seen in New Launch developments versus the more stable entry points in Under Construction projects.
