Surat
Piplod continues to evolve as a prime residential destination in Surat, characterized by a robust mix of apartment and villa offerings. Price trends show steady growth, with the current average rate for apartments reaching ₹6,000 per sq ft. The rental market is particularly active, buoyed by strong yields and consistent demand for well-located commercial and residential spaces. Investors are finding value in the current price points, while the availability of both ready-to-move and mid-stage projects caters to varying ownership timelines.
As of June 2026, the average asking price in Piplod stands at ₹6,000 per sq ft. This rate has remained stable with a 0% change, indicating a period of price equilibrium in the local residential market.
Property prices in Piplod, at ₹6,000 per sq ft, are generally higher than many surrounding neighbourhoods. For comparison, as of June 2026, Vesu is priced at ₹4,996 per sq ft (reflecting a depreciation of 1.49% from the previous period), Althan at ₹4,400 per sq ft (down 2.56%), and Bhimrad at ₹4,600 per sq ft (down 3.08%). Other areas like Pal and Adajan show rates of ₹4,450 per sq ft and ₹3,900 per sq ft respectively, highlighting Piplod's position as a premium residential pocket in the city.
Yes, there is a notable price variance between property types in Piplod as of June 2026. Apartments currently command an average price of ₹6,000 per sq ft, having appreciated by 4.58% compared to the previous period. In contrast, villas are significantly more expensive, with an average price of ₹19,200 per sq ft, which reflects a substantial appreciation of 18.87% over the same timeframe.
As of June 2026, Ready To Move projects in Piplod are priced at an average of ₹4,800 per sq ft. This segment has experienced a depreciation of 20.54% compared to the previous period, which may signal a market correction or a shift in the inventory mix currently available for sale.
The rental yield in Piplod is currently 12.00% as of June 2026, which is a strong indicator of income-generating potential for property owners. With an average rental rate of ₹60 per sq ft, which has remained stable at 0% change, this high yield suggests that the locality is attractive for investors looking for consistent rental returns relative to the capital invested in residential assets.
As of June 2026, the average rental rate for shops in Piplod is ₹50 per sq ft. This rate has seen a depreciation of 7.59% compared to the previous period, reflecting a softening in the commercial rental segment within the locality.
As of June 2026, several projects in Piplod represent the premium end of the market. Jayveer Aakash Homes leads with a rate of ₹5,000 per sq ft (depreciated by 2.61%), followed by The Homes at ₹4,850 per sq ft (depreciated by 4.19%). Other notable projects include KKB The Palladium Towers, D and M Elysium Avenue, Vardan KPM Terra Prime, and Rajhans Cornello, all of which are currently priced at ₹4,800 per sq ft, though each has experienced varying degrees of price depreciation over the recent period.
A buyer should note that while the current average asking price in Piplod is ₹6,000 per sq ft as of June 2026, the market has shown mixed movement in recent quarters. For instance, the micromarket rate was ₹4,000 per sq ft in March 2026, ₹3,950 per sq ft in December 2025, and ₹4,400 per sq ft in September 2025. This fluctuation suggests that buyers should monitor specific project-level performance and property status, as Ready To Move and Mid Stage projects are currently priced lower than the overall locality average.
