Property rates in Surat North average ₹4,850 per sq ft, reflecting a positive growth trajectory over the past year. The market is supported by diverse residential options, with apartments averaging ₹5,050 per sq ft. Investors are finding value in the area, which currently sustains a healthy rental yield of 5.44%. With ready-to-move projects priced at ₹4,550 per sq ft, the region provides stable opportunities for both end-users and long-term capital appreciation seekers.
Insights for Surat North, Surat Real Estate Market Overview
The Surat North property market exhibits a steady appreciation trend, driven by a mix of established residential pockets and emerging project developments. Pricing has moved from ₹4,700 per sq ft in late 2025 to its current level, indicating consistent buyer interest. Rental demand is equally robust, particularly for larger configurations, with an average rental rate of ₹22 per sq ft. The market composition is balanced between ready-to-move units and active under-construction projects, offering varied entry points for prospective buyers.
Apartments lead the residential segment with an average price of ₹5,050 per sq ft, showing a 3.35% increase.
Vesu remains a premium hub, commanding an average rate of ₹5,450 per sq ft with a 1.18% growth.
Rental yields are strong at 5.44%, with 6 BHK units fetching up to ₹3 Lakh per month.
Ready-to-move projects offer immediate possession at an average rate of ₹4,550 per sq ft, reflecting a 1.01% gain.
Commercial interest is rising, as seen in office spaces averaging ₹6,500 per sq ft with a 6.04% increase.
Market Strengths
Strong rental appeal with an average rate of ₹22 per sq ft across the micromarket.
Vesu remains a high-performing hub with a 1.18% growth in property values.
High-end 6 BHK apartments command significant monthly rentals of up to ₹3 Lakh.
Ready-to-move inventory continues to appreciate, indicating high buyer confidence in completed projects.
Commercial office space segment shows healthy growth of 6.04%.
Market Challenges
Villa prices have seen a significant decline of -51.45%, suggesting a need for careful evaluation in this segment.
Jahangir Pura and Palanpur have experienced slight price corrections of -1.94% and -0.65% respectively.
Under-construction residential inventory shows a marginal price adjustment of -1.28%.
Shop rental rates have faced downward pressure, recording a -13.43% change.
Investment Opportunities
High rental yield of 5.44% provides an attractive income stream for residential investors.
Shop properties show high growth potential with a 30.25% increase in average rates.
Office spaces in the region offer a steady 6.04% appreciation, suitable for commercial portfolio diversification.
Apartment investments remain a reliable choice with a 3.35% growth rate and consistent demand.
Top Localities in Surat North, Surat
Singanpor
Avg Price₹ 3,200 /Sq.Ft.
LISTINGS
2
Katargam
Avg Price₹ 2,450 /Sq.Ft.
LISTINGS
4
Rander
Avg Price₹ 3,950 /Sq.Ft.
LISTINGS
1
Nanpura
Avg Price₹ 2,550 /Sq.Ft.
LISTINGS
1
Sagrampura
Avg Price₹ 3,000 /Sq.Ft.
LISTINGS
2
Price Trend
Surat North, Surat Property Price Trends and Appreciation
Property rates in Surat North have shown a consistent upward movement, climbing from ₹4,700 per sq ft in late 2025 to the current ₹4,850 per sq ft. This trend reflects the growing demand for residential and commercial assets in the region. Compared to the city rate of ₹4,650 per sq ft as of September 2026, the micromarket continues to demonstrate a strong value proposition.
Within Surat North, Vesu remains the most sought-after location, averaging ₹5,450 per sq ft and showing a positive growth of 1.18%. In contrast, Palanpur and Jahangir Pura offer more accessible entry points, with average rates of ₹4,000 per sq ft and ₹3,650 per sq ft, respectively. These areas are currently seeing slight adjustments in pricing, presenting potential opportunities for value-focused buyers looking to enter the market.
Type
Rate (₹/Sq.Ft)
Change %
Shop
16,700
30.3
Office Space
6,500
6
Villa
4,150
-51.4
Apartment
5,050
3.4
Surat North's real estate market offers a wide spectrum of property types to suit different investment needs. Commercial assets like shops lead the market at ₹16,700 per sq ft, marking a significant 30.25% growth. Residential apartments average ₹5,050 per sq ft, while office spaces provide a stable option at ₹6,500 per sq ft. Villas are also present in the market, currently priced at an average of ₹4,150 per sq ft.
Premium residential developments define the luxury landscape in Surat North. Projects like Shree Krishna Atlanta Eliza and Sangini Evoq lead the segment with prices reaching ₹7,250 per sq ft and ₹7,050 per sq ft respectively. Other notable developments such as Jolly Residency and Sangini Lakeville also maintain high-value benchmarks, reflecting the aspirational nature of these properties within the Vesu locality.
Angel Palace in Kholvad is a notable project in the rental market, currently offering rates of ₹19 per sq ft. This project provides a steady entry point for tenants looking for established residential options in the area.
Rental Trends
Rental Trends and Average Rent in Surat North, Surat
Rental rates vary significantly by configuration, with 2 BHK apartments averaging ₹25,200 per month. Larger 3 BHK units command ₹37,100 per month, while expansive 4 BHK homes average ₹64,000 monthly. For those seeking premium space, 6 BHK apartments are available at an average of ₹3 Lakh per month. Vesu stands out as a primary rental hub in the region, with average rates of ₹50 per sq ft. This locality has seen a consistent upward trend of 4.76% in rental values, highlighting its sustained popularity among tenants. Rental demand is robust across property types, with apartments, office spaces, and shops all averaging ₹50 per sq ft. While apartments have seen a positive growth of 10.53% and office spaces have increased by 6.52%, the shop segment has experienced a -13.43% adjustment. Angel Palace in Kholvad is a notable project in the rental market, currently offering rates of ₹19 per sq ft. This project provides a steady entry point for tenants looking for established residential options in the area.
Surat North Rent Comparison
By Unit Type
By Location
By Property Type
Unit Type
Rate (₹)
2 Bhk
25,200
3 Bhk
37,100
4 Bhk
64,000
6 Bhk
3,00,000
Rental rates vary significantly by configuration, with 2 BHK apartments averaging ₹25,200 per month. Larger 3 BHK units command ₹37,100 per month, while expansive 4 BHK homes average ₹64,000 monthly. For those seeking premium space, 6 BHK apartments are available at an average of ₹3 Lakh per month.
Vesu stands out as a primary rental hub in the region, with average rates of ₹50 per sq ft. This locality has seen a consistent upward trend of 4.76% in rental values, highlighting its sustained popularity among tenants.
Property Type
Rate (₹/Sq.Ft)
Change %
Shop
50
-13.4
Office Space
50
6.5
Apartment
50
10.5
Rental demand is robust across property types, with apartments, office spaces, and shops all averaging ₹50 per sq ft. While apartments have seen a positive growth of 10.53% and office spaces have increased by 6.52%, the shop segment has experienced a -13.43% adjustment.
Frequently Asked Questions About Property Rates in Surat North, Surat
What is the current average asking price in Surat North as of September 2026?
As of September 2026, the average asking price in Surat North stands at ₹4,850 per sq ft. This figure reflects a positive market trend, having appreciated by 1.69% compared to the previous period, indicating resilient demand and sustained interest in this micromarket.
How have property prices in Surat North trended over the last year?
Property prices in Surat North have shown a consistent upward trajectory throughout 2026. Data from September 2026 shows a micromarket rate of ₹5,050 per sq ft, rising from ₹4,850 per sq ft in June 2026, ₹4,800 per sq ft in March 2026, and ₹4,700 per sq ft in December 2025. This steady quarter-over-quarter growth suggests strong buyer confidence and a tightening supply-demand balance in the region.
How do property prices compare across different neighbourhoods in Surat North?
Property prices vary significantly across the region, with Vesu currently commanding the highest average asking price at ₹5,450 per sq ft, which appreciated by 1.18% recently. In contrast, Palanpur and Jahangir Pura have seen price adjustments, with average asking prices of ₹4,000 per sq ft (depreciating by 0.65%) and ₹3,650 per sq ft (depreciating by 1.94%) respectively, as of September 2026.
What is the price difference between ready-to-move and under-construction properties in Surat North?
As of September 2026, ready-to-move properties in Surat North are priced at an average of ₹4,550 per sq ft, having appreciated by 1.01% over the period. Under-construction properties are currently priced at ₹4,850 per sq ft, which reflects a depreciation of 1.28% compared to the previous period, potentially offering a different entry point for investors depending on their risk appetite and timeline.
How does the rental market perform in Surat North in terms of average rates and yields?
The rental market in Surat North is currently seeing an average rental rate of ₹22 per sq ft, which has appreciated by 15.79% as of September 2026. The area offers a healthy rental yield of 5.44%, making it an attractive proposition for investors looking to balance capital appreciation with consistent monthly rental income.
What are the typical monthly rental rates for different BHK configurations in Surat North?
Rental rates in Surat North scale according to unit size, catering to a diverse tenant base. As of September 2026, a 2 BHK apartment typically rents for ₹25,200 per month, while a 3 BHK unit averages ₹37,100 per month. Larger configurations command higher premiums, with 4 BHK units averaging ₹64,000 per month and 6 BHK units reaching approximately ₹3 Lakh per month.
Which property types are currently seeing the highest price growth in Surat North?
Shops have experienced the most significant growth in Surat North, with an average price of ₹16,700 per sq ft as of September 2026, reflecting a sharp appreciation of 30.25%. Office spaces are also performing well at ₹6,500 per sq ft (up 6.04%), and apartments are priced at ₹5,050 per sq ft (up 3.35%). Conversely, villas have seen a significant price correction, currently averaging ₹4,150 per sq ft, which represents a depreciation of 51.45%.
What are some of the premium residential projects in Surat North by listing rate?
Several projects in the Vesu locality lead the market in terms of listing rates as of September 2026. Shree Krishna Atlanta Eliza is positioned at ₹7,250 per sq ft (depreciating by 7.13%), followed by Sangini Evoq and Jolly Residency, both at ₹7,050 per sq ft. Jolly Residency specifically has shown strong momentum with an appreciation of 45.49% compared to the prior period, highlighting its premium status in the local real estate landscape.
How should an investor interpret the rental yield data for Surat North?
A rental yield of 5.44% in Surat North, as of September 2026, serves as a key indicator for investors to assess the income-generating potential of their property relative to the purchase price. When combined with the 15.79% appreciation in average rental rates, it suggests that the market is currently favorable for landlords who are seeing both rising capital values and increasing demand for rental housing.
How do rental rates vary by property type in Surat North?
Rental rates for various property types in Surat North show distinct trends as of September 2026. Apartments, office spaces, and shops all command an average rental rate of ₹50 per sq ft. While apartments have seen an appreciation of 10.53% and office spaces have grown by 6.52%, the rental rate for shops has experienced a depreciation of 13.43% over the same period.
