Govindji Group
- 2 Projects
Surat
Surat North presents a dynamic real estate landscape characterized by steady price appreciation and a robust rental market. Property values have seen consistent upward movement, supported by a healthy mix of ready-to-move and under-construction inventory that caters to varied buyer timelines. The commercial segment is particularly active, with office spaces and shops commanding premium rates that reflect the area's growing economic importance. Additionally, the rental segment offers attractive yields, making it an appealing destination for income-focused investors.
The average asking price in Surat North is ₹4,800 per sq ft as of June 2026. This figure reflects an appreciation of 1.44% compared to the previous period, indicating a steady demand for residential properties in this micromarket.
Property prices in Surat North have shown a generally upward trajectory, moving from ₹4,700 per sq ft in December 2025 to ₹4,800 per sq ft in March 2026, and reaching ₹4,850 per sq ft by June 2026. This consistent growth suggests resilient buyer interest and sustained confidence in the local real estate market.
Property prices vary significantly across neighbourhoods in Surat North. Vesu commands a premium with an average asking price of ₹5,400 per sq ft, which has seen a depreciation of 1.49% from the previous period. In contrast, Palanpur and Jahangir Pura are more accessible, with average asking prices of ₹4,000 per sq ft and ₹3,700 per sq ft respectively, both showing strong appreciation of 7.03% and 7.49% over the same timeframe. Amroli remains the most affordable option at ₹1,950 per sq ft, though it has experienced a significant depreciation of 23.1%.
As of June 2026, ready-to-move projects in Surat North are priced at an average of ₹4,450 per sq ft, reflecting a depreciation of 9.68% compared to the prior period. Meanwhile, under-construction projects are averaging ₹4,400 per sq ft, which marks a substantial appreciation of 36.36% over the same period, suggesting that investors are increasingly showing interest in newer developments.
The rental yield in Surat North stands at 11.25% as of June 2026, which is a strong indicator of potential income generation for property owners. When paired with the current average asking price of ₹4,800 per sq ft, this high yield suggests that the area is attractive for investors looking to balance capital appreciation with consistent rental returns.
Rental rates in Surat North vary by size, with 2 BHK apartments averaging ₹25,200 per month and 3 BHK units reaching ₹37,550 per month as of June 2026. Larger configurations command higher premiums, with 4 BHK units averaging ₹88,350 per month and 6 BHK properties reaching approximately ₹3 Lakh per month. These figures help tenants and investors understand the entry-level costs and potential rental income across different segments.
As of June 2026, premium residential projects in the Vesu locality dominate the top listing rates in Surat North. Sangini Evoq leads with a rate of ₹7,050 per sq ft, showing a marginal appreciation of 0.01%. Other high-value projects such as Rajhans Eronzza, Happy Home Celebrity Greens, Sangini Vedanta, and Rajhans Cremona are all listed at ₹7,000 per sq ft, reflecting the premium positioning of these developments within the micromarket.
Buyers should use the Surat North property rate data to identify value by comparing the average asking price of ₹4,800 per sq ft against specific project statuses and locations. For instance, while ready-to-move projects are priced at ₹4,450 per sq ft, the wide variance in neighbourhood rates—from ₹1,950 per sq ft in Amroli to ₹5,400 per sq ft in Vesu—allows buyers to align their budget with their preferred lifestyle and investment goals as of June 2026.
