Surat
Piplod serves as a premium residential hub in Surat, characterized by a diverse mix of ready-to-move and under-construction projects. The market has seen a notable shift in demand, with villas emerging as a high-value category while apartment rates remain steady at ₹5,500 per sq ft. Rental activity is particularly vibrant, driven by high demand for office spaces that command premium rates compared to other property types. The supply of ready-to-move housing continues to attract buyers seeking immediate possession, further solidifying the area's investment appeal.
As of June 2026, the average asking price in Piplod is ₹5,500 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a balanced market environment for buyers and sellers in this locality.
Property prices in Piplod have shown a fluctuating trajectory over the past year. According to data from June 2026, the location rate stands at ₹5,500 per sq ft, following a period of volatility where rates were recorded at ₹6,000 per sq ft in December 2025 and ₹5,750 per sq ft in September 2025.
Piplod, with an average asking price of ₹5,500 per sq ft as of June 2026, is positioned as a premium locality when compared to surrounding areas. For instance, Vesu is priced at ₹5,450 per sq ft (up 1.18%), Bhimrad at ₹5,200 per sq ft (up 12.89%), and Pal Gam at ₹4,950 per sq ft. Other nearby areas like Adajan and Jahangirabad currently command lower rates at ₹3,750 per sq ft and ₹3,600 per sq ft, respectively.
As of June 2026, there is a significant price gap between property types in Piplod. Villas command a premium with an average price of ₹19,200 per sq ft, having appreciated by 18.87% compared to the previous period. In contrast, apartments are priced at an average of ₹5,500 per sq ft, which reflects a depreciation of 8.82% over the same timeframe.
Yes, ready-to-move properties in Piplod are currently more expensive than under-construction options. As of June 2026, ready-to-move units are priced at ₹6,150 per sq ft, showing a significant appreciation of 28.25% compared to the previous period. Under-construction projects are currently priced at ₹4,750 per sq ft, reflecting a depreciation of 2.85% over the same period.
As of June 2026, D and M Elysium Avenue leads the market in Piplod with a listing rate of ₹11,700 per sq ft, maintaining a stable price trend. Other notable projects include Megh Mayur Mahima Tower at ₹5,700 per sq ft, and a cluster of projects including Rajhans Cornello, Jayveer Aakash Homes, Vardan KPM Terra Prime, and The Homes, all listed at ₹4,850 per sq ft. KKB The Palladium Towers is also prominent in the area with a listing rate of ₹4,750 per sq ft.
As of June 2026, the average rental rate in Piplod is ₹75 per sq ft, which has appreciated by 25% compared to the previous period. The locality offers a robust rental yield of 16.36%, making it an attractive proposition for investors looking to balance capital appreciation with consistent rental income.
Rental rates in Piplod vary significantly by property type as of June 2026. Office spaces command the highest rents at ₹100 per sq ft, having appreciated by 25% over the previous period. Meanwhile, shops are available at an average rental rate of ₹50 per sq ft, which represents a depreciation of 19.18% compared to the previous period.
The rental yield of 16.36% in Piplod, recorded as of June 2026, suggests strong income-generating potential for property owners. When evaluated alongside the average sale price of ₹5,500 per sq ft, this yield indicates that the locality is highly efficient for landlords, particularly as rental rates for commercial assets like office spaces have seen a 25% appreciation, signaling high demand for business infrastructure in the area.
