Surat
The Rundh Magdalla real estate market currently showcases a balanced mix of residential projects, with average asking prices holding at ₹5,900 per sq ft. Market activity reveals a clear distinction between ready-to-move units and mid-stage developments, both currently priced at an average of ₹4,850 per sq ft. Rental demand in the surrounding region, particularly in Vesu, remains stable at ₹50 per sq ft, providing a steady income stream for investors. Developers are actively contributing to the area's growth, ensuring a consistent supply of housing options to meet buyer demand.
As of March 2026, the average asking price in Rundh Magdalla stands at ₹5,900 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential market. For buyers, this stability provides a predictable baseline for evaluating property investments in the area.
The micromarket rate in Rundh Magdalla has shown a slight upward trajectory, moving from ₹3,950 per sq ft in December 2025 to ₹4,000 per sq ft as of March 2026. This gradual increase suggests a resilient demand for residential space in the locality. Investors and end-users should monitor these quarterly shifts as they reflect the evolving valuation of the area.
Property rates in the vicinity of Rundh Magdalla vary significantly, with Vesu currently commanding an average asking price of ₹5,400 per sq ft, which has depreciated by 1.49% from the previous period. Other nearby areas include Bhimrad at ₹4,600 per sq ft (depreciated by 3.08%), Althan at ₹4,400 per sq ft (depreciated by 2.56%), and Pal at ₹4,450 per sq ft, which has seen an appreciation of 5.32%. These variations highlight that Rundh Magdalla remains a distinct pricing pocket compared to its neighbours.
As of March 2026, both Ready To Move and Mid Stage projects in Rundh Magdalla are priced at an average of ₹4,850 per sq ft. While the pricing is currently identical, the market performance differs: Ready To Move units have seen a depreciation of 7.8% over the comparison period, whereas Mid Stage projects have experienced a notable appreciation of 10.78%. This divergence suggests that while current entry costs are aligned, the growth momentum is currently stronger in the under-construction segment.
Several projects in Rundh Magdalla are currently active in the market as of March 2026. Dhanlaxmi Evita is priced at ₹4,900 per sq ft (depreciated by 2.52%), while Happy Home Vastu Luxuria and Aagam Prestige are both at ₹4,850 per sq ft, with the latter showing an appreciation of 6.51% and the former a depreciation of 2.62%. Additionally, Western Veerbhadra Heights and Ravani Green Serene are also listed at ₹4,850 per sq ft, with respective depreciation rates of 16.76% and 2.8%. Hi Speed Feedom Towers is available at ₹4,800 per sq ft, having depreciated by 2.43%.
While specific rental data for Rundh Magdalla is currently unavailable, the nearby locality of Vesu offers an average rental rate of ₹50 per sq ft as of March 2026. This rental rate has remained stable with a 0% change, suggesting a consistent demand for rental properties in the immediate region. Investors looking at the broader Surat West area can use this benchmark to estimate potential rental income for similar residential assets.
Buyers should use the provided rates as a benchmark to compare the value of specific projects against the broader market average of ₹5,900 per sq ft as of March 2026. By observing the status-wise pricing—where Ready To Move and Mid Stage projects are both at ₹4,850 per sq ft—buyers can decide whether to prioritize immediate possession or potential capital appreciation in under-construction assets. Always consider the appreciation or depreciation trends of a specific project, such as Aagam Prestige's 6.51% increase, to gauge the project's historical performance before making a commitment.
