Property Rates in Surat North, Surat

Property prices in Surat North have shown some fluctuation over the last four quarters. From June 2025 to March 2026, the micromarket rate saw an increase from ₹5,401 to ₹4,787 per sq ft, after a dip from ₹5,671 in September 2025. The city average, however, has seen a more consistent trend, moving from ₹5,435 in June 2025 to ₹4,407 in March 2026, suggesting varying dynamics between the micromarket and the broader city.

As of March 2026, the average asking price in Surat North is ₹4,787 per sq ft. The provided data indicates a Government Registration Rate of ₹0 per sq ft for Surat North. This significant difference suggests that the listed prices are considerably higher than the official registration values, a common scenario in many real estate markets.

Property rates vary significantly across neighborhoods in Surat North as of March 2026. Vesu leads with an average rate of ₹5,405 per sq ft, though it has seen a slight depreciation of 1.49%. Other areas like Umra and Mota Varachha are priced around ₹4,366 and ₹4,122 per sq ft respectively, with no reported change. Palanpur shows a notable appreciation of 7.03% to ₹4,021 per sq ft, while Jahangir Pura has also appreciated by 7.49% to ₹3,718 per sq ft. At the lower end, Sagrampura and Nanpura are priced at ₹2,979 and ₹2,528 per sq ft respectively.

As of March 2026, property types in Surat North show diverse pricing. Apartments have an average price of ₹4,787 per sq ft, with a 1.44% appreciation. Villas are priced at ₹4,172 per sq ft, experiencing a significant depreciation of 51.45%. Commercial properties like shops are considerably higher at ₹16,718 per sq ft with a strong appreciation of 30.25%, and office spaces are at ₹6,475 per sq ft, appreciating by 6.04%.

In Surat North, property prices vary by construction status as of March 2026. Ready To Move properties are priced at an average of ₹4,472 per sq ft, showing a depreciation of 9.68%. Mid Stage projects are priced higher at ₹4,757 per sq ft, with a depreciation of 6.48%. New Launch properties are valued at ₹4,719 per sq ft, indicating a slight depreciation of 0.34%. Under Construction properties are the most affordable at ₹3,478 per sq ft, but have seen an appreciation of 7.75%.

As of March 2026, several projects in Surat North, primarily in the Vesu locality, command the highest listing rates. Sangini Evoq is listed at ₹7,070 per sq ft with a marginal appreciation of 0.01%. Rajhans Eronzza and Happy Home Celebrity Greens are priced at ₹7,015 and ₹7,000 per sq ft respectively, with no reported change. Sangini Vedanta shows a notable appreciation of 5.89% to ₹6,976 per sq ft, while Rajhans Cremona is priced at ₹6,975 per sq ft with no change.

The average rental rate in Surat North is ₹22 per sq ft as of March 2026. The area offers a rental yield of 5.51%, which suggests a healthy return on investment for property owners looking to rent out their units. This yield indicates the potential income generated from rent relative to the property's capital value.

Rental costs for different BHK configurations in Surat North as of March 2026 indicate a significant price jump with more bedrooms. A 2 BHK apartment typically rents for ₹26,000 per month. This increases substantially for a 3 BHK, averaging ₹43,238 per month, and further for a 4 BHK at ₹89,286 per month. For larger luxury accommodations, a 6 BHK can command a monthly rent of ₹3 Lakh.

In Surat North, rental rates vary by property type as of March 2026. Shops are the most expensive to rent, with an average rate of ₹67 per sq ft, although this has seen a depreciation of 10.67%. Office spaces are priced at ₹48 per sq ft, showing a positive appreciation of 6.67%. These figures highlight the different rental demands and returns for commercial versus residential properties.

As of March 2026, Vesu is the primary micromarket in Surat North with available rental data, showing an average rental rate of ₹22 per sq ft. This rate has remained stable with no reported change. While this is the only micromarket with specific rental data provided, it sets a benchmark for rental pricing within the broader Surat North region.

As of March 2026, Angel Palace in the Kholvad locality of Surat North is identified as a top project by rental rates, with a current rental rate of ₹19 per sq ft. This project has one listing and has shown no change in its rental rate. It represents a key rental offering within the micromarket.

The pricing by property status in Surat North as of March 2026 offers insights for buyers. Ready To Move properties are priced at ₹4,472 per sq ft but have depreciated by 9.68%, potentially offering a buying opportunity. Mid Stage projects are at ₹4,757 per sq ft with a 6.48% depreciation. New Launch projects are at ₹4,719 per sq ft, showing a slight 0.34% depreciation. Under Construction properties, at ₹3,478 per sq ft, have appreciated by 7.75%, indicating rising costs for new developments.