Property Rates in Surat North, Surat

Property prices in Surat North have shown some fluctuation over the past year. From June 2025 to March 2026, the average micromarket rate increased from ₹5,400 per sq ft to ₹4,800 per sq ft, after an initial rise from ₹5,650 in September 2025. The most recent period, from December 2025 to March 2026, saw an appreciation from ₹4,700 to ₹4,800 per sq ft, suggesting a recent upward movement after a dip.

Property rates vary significantly across neighborhoods in Surat North. As of March 2026, Vesu has the highest average rate at ₹5,400 per sq ft, though it has depreciated by 1.49% recently. Palanpur and Jahangir Pura show positive appreciation, with rates at ₹4,000 per sq ft (up 7.03%) and ₹3,700 per sq ft (up 7.49%) respectively. Amroli, however, has seen a substantial depreciation of 23.1% and currently averages ₹1,950 per sq ft.

As of March 2026, the average prices for different property types in Surat North show varied trends. Apartments are priced at ₹4,800 per sq ft, appreciating by 1.44%. Shops command a significantly higher average price of ₹16,700 per sq ft, with a substantial appreciation of 30.25%. Office spaces are averaging ₹6,500 per sq ft, showing a 6.04% increase. Villas, however, have experienced a sharp depreciation of 51.45%, with an average price of ₹4,150 per sq ft.

In Surat North, property prices vary by construction status as of March 2026. Ready To Move properties average ₹4,450 per sq ft, despite a recent depreciation of 9.68%. Mid Stage projects are priced higher at ₹4,750 per sq ft, with a depreciation of 6.48%. Under Construction properties are priced lower at ₹3,500 per sq ft, though they have seen a positive change of 7.75%. New Launch projects are priced at ₹4,700 per sq ft, with a slight depreciation of 0.34%.

As of March 2026, several projects in Surat North, particularly in the Vesu locality, feature the highest listing rates. Projects like Sangini Evoq, Rajhans Eronzza, Happy Home Celebrity Greens, Sangini Vedanta, and Rajhans Cremona are all listed around ₹7,000 per sq ft. Sangini Evoq shows a slight appreciation of 0.01%, while Sangini Vedanta has appreciated by 5.89%.

As of March 2026, the average rental rate in Surat North is ₹45 per sq ft. The area also boasts a significant rental yield of 11.25%. This high rental yield, coupled with a substantial appreciation of 104.55% in average rental rates, suggests strong income-generating potential for property investors in Surat North.

Rental rates in Surat North vary significantly by BHK configuration. As of March 2026, a 2 BHK apartment averages ₹26,000 per month. This increases substantially for larger units, with 3 BHK apartments averaging ₹43,250 per month and 4 BHK apartments reaching ₹89,300 per month. The highest configuration, a 6 BHK, commands an average rent of ₹3 Lakh per month, indicating a premium for larger living spaces.

In Surat North, as of March 2026, shops and office spaces show distinct rental trends. Shops have an average rental rate of ₹50 per sq ft, but this has depreciated by 10.67%. Office spaces also average ₹50 per sq ft, showing a positive appreciation of 6.67%. This indicates a softening rental market for commercial shops compared to a growing demand for office spaces.

Within Surat North, the Vesu micromarket currently offers the highest average rental rates at ₹50 per sq ft as of March 2026. The rental rate in Vesu has remained stable with a 0% change percentage, suggesting a consistent demand for rental properties in this locality.

The current property rates and rental yields in Surat North present an interesting investment scenario. With an average asking price of ₹4,800 per sq ft and a high rental yield of 11.25% as of March 2026, the area shows strong potential for rental income. The significant appreciation in average rental rates (104.55%) further enhances its attractiveness for investors looking for both capital appreciation and steady rental returns.

Users can interpret the property rate data for Surat North by looking at the average asking price of ₹4,800 per sq ft as of March 2026, and its recent appreciation of 1.44%. The price trend section shows historical movements, while micromarket rates highlight neighborhood variations. Property type and status breakdowns offer granular insights, and rental data provides information on income potential. Comparing these metrics helps in making informed decisions for buying, selling, or renting.