Surat
The Surat North property market is experiencing a period of steady growth, characterized by rising capital values and a vibrant rental sector. Prices have increased consistently over the past few quarters, reflecting growing demand for well-connected residential and commercial spaces. Rental activity is particularly robust, driven by a high yield that attracts investors looking for stable monthly returns. Developers are actively responding to this demand with a mix of new launches and mid-stage projects that cater to a wide demographic.
The average asking price in Surat North is ₹4,800 per sq ft as of Jun 2026. This figure reflects an appreciation of 1.44% compared to the previous reporting period, indicating a resilient demand for residential properties within this micromarket.
Property prices in Surat North have shown a consistent upward trajectory, moving from ₹4,700 per sq ft in Dec 2025 to ₹4,800 per sq ft in Mar 2026, and reaching ₹4,850 per sq ft as of Jun 2026. This steady growth highlights sustained buyer interest and investor confidence in the region compared to the broader city rate, which stood at ₹4,550 per sq ft in Jun 2026.
Property prices vary significantly across the region, with Vesu commanding the highest average asking price at ₹5,400 per sq ft, despite a depreciation of 1.49% from the previous period. In contrast, Palanpur and Jahangir Pura have seen strong growth, with prices at ₹4,000 per sq ft (up 7.03%) and ₹3,700 per sq ft (up 7.49%) respectively, while Amroli is currently priced at ₹1,950 per sq ft, reflecting a depreciation of 23.1% over the same period.
As of Jun 2026, shops in Surat North are the most expensive property type at ₹16,700 per sq ft, having appreciated by 30.25%. Office spaces are priced at ₹6,500 per sq ft (up 6.04%), apartments at ₹4,850 per sq ft (up 1.46%), and villas at ₹4,150 per sq ft, which experienced a significant depreciation of 51.45%.
Pricing in Surat North is influenced by project status, with Mid Stage projects currently averaging ₹5,050 per sq ft (depreciated by 1.13%). New Launch projects are priced at ₹4,700 per sq ft (depreciated by 0.34%), while both Ready To Move and Under Construction projects are priced at ₹4,450 per sq ft (depreciated by 9.68%) and ₹4,400 per sq ft (appreciated by 36.36%) respectively, as of Jun 2026.
The average rental rate in Surat North is ₹45 per sq ft as of Jun 2026, which has seen a notable appreciation of 104.55% compared to the previous period. The region currently offers a rental yield of 11.25%, making it an attractive proposition for investors seeking regular income relative to the capital outlay required for property acquisition.
Rental rates in Surat North vary by size, with 2 BHK apartments averaging ₹25,200 per month and 3 BHK units at ₹36,700 per month as of Jun 2026. For larger requirements, 4 BHK units command an average of ₹88,350 per month, while 6 BHK luxury units reach up to ₹3 Lakh per month, catering to a diverse range of tenant profiles from young professionals to large families.
As of Jun 2026, shops, office spaces, and apartments in Surat North all share a uniform average rental rate of ₹50 per sq ft. However, these segments have experienced different trends: shops have depreciated by 13.43%, office spaces by 4.17%, and apartments by 9.09% compared to the previous period.
Angel Palace in Kholvad is a notable project in the rental market, currently offering a rental rate of ₹19 per sq ft as of Jun 2026. This rate has remained stable with a 0% change, providing a consistent option for tenants looking for residential space in this specific locality.
