Surat North has an average asking price of ₹4,850 per sq ft. This rate reflects a steady upward trend as the area continues to attract significant interest from buyers. The market is supported by a variety of residential options, with apartments averaging ₹4,850 per sq ft. With a solid rental yield of 5.44%, the region offers promising opportunities for investors looking to balance capital appreciation with consistent monthly rental income across diverse housing configurations.
Insights for Surat North, Surat Real Estate Market Overview
The property market in Surat North demonstrates a steady growth trajectory, with average residential prices reaching ₹4,850 per sq ft. This micromarket is characterized by a high concentration of ready-to-move projects, providing immediate housing solutions for prospective buyers. Investors are showing keen interest in the rental segment, where a yield of 5.44% indicates a healthy return on investment. The availability of diverse unit types, ranging from 2 BHK to expansive 6 BHK apartments, ensures the region caters to a wide spectrum of lifestyle and budgetary requirements.
Residential property prices have appreciated to ₹4,850 per sq ft, reflecting sustained demand.
Under construction projects are seeing a notable 12.07% price increase, signaling strong future value.
Rental yields at 5.44% provide a compelling case for buy-to-let investors.
Shop and office spaces are commanding premium rates of ₹16,700 and ₹6,500 per sq ft respectively.
Top-tier residential developments in Vesu are setting high-value benchmarks, with rates reaching up to ₹7,800 per sq ft.
Market Strengths
Stable residential price growth with an average of ₹4,850 per sq ft.
Healthy rental yield of 5.44% across the micromarket.
Strong supply of 128 ready-to-move units providing immediate housing options.
High-value premium projects in Vesu with rates up to ₹7,800 per sq ft.
Diverse rental market with options ranging from 2 BHK to 6 BHK units.
Market Challenges
Villa prices have experienced a significant correction of -51.45%, suggesting a volatile segment.
New launch projects have seen a price dip of -3.66%, indicating a softening in initial launch valuations.
Rental rates for shops and apartments have faced downward pressure, with declines of -13.43% and -13.64% respectively.
Jahangir Pura and Palanpur have seen minor price contractions of -1.94% and -0.65%.
Investment Opportunities
High rental yield of 5.44% makes residential apartments an attractive buy-to-let option.
Under construction projects in the region have shown a strong 12.07% price growth.
Commercial shop space presents high-growth potential with a 30.25% annual price increase.
Office space investment offers a stable 6.04% price appreciation in the current market.
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
Amroli
Avg Price₹ 1,950 /Sq.Ft.
LISTINGS
3
Nanpura
Avg Price₹ 2,550 /Sq.Ft.
LISTINGS
2
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 seen a consistent rise, moving from ₹4,700 per sq ft in late 2025 to ₹4,850 per sq ft by mid-2026. This upward momentum outpaces the broader city growth, which reached ₹4,550 per sq ft during the same period. The steady appreciation highlights the increasing desirability of the region for both homeowners and investors.
Within the broader Surat North region, Vesu stands out as a premium hub, commanding an average rate of ₹5,450 per sq ft. 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 variations provide buyers with clear options based on their specific budget and lifestyle preferences, with Vesu representing the upper end of the market spectrum.
Type
Rate (₹/Sq.Ft)
Change %
Shop
16,700
30.3
Office Space
6,500
6
Villa
4,150
-51.4
Apartment
4,850
1.7
The Surat North market caters to diverse buyer preferences across property categories. Commercial spaces, particularly shops, lead the premium segment at ₹16,700 per sq ft, experiencing a significant 30.25% growth. Residential apartments average ₹4,850 per sq ft, showing a steady 1.69% increase, while villas are priced at ₹4,150 per sq ft. These varied options reflect the different investment appetites present in the current market.
Surat North offers properties across various development stages to suit different buyer timelines. Ready-to-move inventory, comprising 128 units, averages ₹4,500 per sq ft, ideal for those seeking immediate occupancy. Meanwhile, 73 under-construction units are priced at ₹4,950 per sq ft, reflecting a 12.07% growth, and mid-stage projects command ₹5,200 per sq ft, demonstrating the market's preference for well-planned, developing assets.
Project & Developer Insights
Top Residential Projects and Developers in Surat North
Top Developersin Surat
Reyom Realty leads in Surat with 3 projects and years of experience.
Premium residential developments in Surat North are commanding significant asking prices, reflecting their luxury positioning. Shree Krishna Atlanta Eliza leads the segment at ₹7,800 per sq ft, followed closely by Sangini Evoq at ₹7,050 per sq ft. Other notable projects such as Sangini Lakeville and Nova Shantinath are priced at ₹7,000 per sq ft and ₹6,950 per sq ft respectively, highlighting the premium value these developments bring to the Vesu locality.
Angel Palace in Kholvad stands out in the rental market with a current rate of ₹19 per sq ft. This project provides a specific rental option within the broader Surat North residential landscape.
Rental Trends
Rental Trends and Average Rent in Surat North, Surat
Rental demand is well-distributed, with 2 BHK apartments averaging ₹25,200 per month and 3 BHK units at ₹37,550 per month. For those seeking more space, 4 BHK units command ₹88,350 per month, while luxury 6 BHK homes reach up to ₹3 Lakh per month. Vesu remains a key rental hub in the region, with an average rental rate of ₹50 per sq ft. This area continues to be a preferred destination for tenants, despite a minor change of -4.55% in rental pricing. Rental rates for apartments, shops, and office spaces all currently hover around ₹50 per sq ft. While these segments have seen some adjustment in pricing, they remain consistent across the board for the current period. Angel Palace in Kholvad stands out in the rental market with a current rate of ₹19 per sq ft. This project provides a specific rental option within the broader Surat North residential landscape.
Surat North Rent Comparison
By Unit Type
By Location
By Property Type
Unit Type
Rate (₹)
2 Bhk
25,200
3 Bhk
37,550
4 Bhk
88,350
6 Bhk
3,00,000
Rental demand is well-distributed, with 2 BHK apartments averaging ₹25,200 per month and 3 BHK units at ₹37,550 per month. For those seeking more space, 4 BHK units command ₹88,350 per month, while luxury 6 BHK homes reach up to ₹3 Lakh per month.
Vesu remains a key rental hub in the region, with an average rental rate of ₹50 per sq ft. This area continues to be a preferred destination for tenants, despite a minor change of -4.55% in rental pricing.
Property Type
Rate (₹/Sq.Ft)
Change %
Shop
50
-13.4
Office Space
50
-4.2
Apartment
50
-13.6
Rental rates for apartments, shops, and office spaces all currently hover around ₹50 per sq ft. While these segments have seen some adjustment in pricing, they remain consistent across the board for the current period.
Frequently Asked Questions About Property Rates in Surat North, Surat
What is the current average asking price in Surat North as of June 2026?
As of June 2026, the average asking price in Surat North stands at ₹4,850 per sq ft. This figure reflects an appreciation of 1.69% compared to the previous period, signaling a resilient demand for residential properties in this micromarket.
How have property prices in Surat North trended recently?
Property prices in Surat North have shown an upward trajectory, moving from ₹4,700 per sq ft in December 2025 to ₹4,850 per sq ft in June 2026. This consistent quarterly growth indicates strong market confidence and sustained buyer interest in the region.
How do property rates compare across different neighbourhoods in Surat North?
Property rates vary significantly by neighbourhood, with Vesu commanding the highest average asking price at ₹5,450 per sq ft, which has appreciated by 1.18% over the tracked period. In contrast, Palanpur and Jahangir Pura show lower price points at ₹4,000 per sq ft and ₹3,650 per sq ft, respectively, with both areas experiencing a depreciation of 0.65% and 1.94% over the same timeframe.
What is the price difference between ready-to-move and under-construction properties in Surat North?
As of June 2026, under-construction properties in Surat North are priced at an average of ₹4,950 per sq ft, having appreciated by 12.07% compared to the previous period. Ready-to-move properties are currently available at an average of ₹4,500 per sq ft, showing a more modest appreciation of 1.15% over the same period.
Which property types are available in Surat North and how are their prices performing?
Apartments in Surat North are priced at ₹4,850 per sq ft, reflecting a 1.69% appreciation. Commercial assets show varied performance: shop prices have seen a significant appreciation of 30.25% to reach ₹16,700 per sq ft, while office spaces have appreciated by 6.04% to ₹6,500 per sq ft. Conversely, villa pricing has seen a sharp depreciation of 51.45% to ₹4,150 per sq ft as of June 2026.
What is the average rental yield in Surat North and what does it imply for investors?
The average rental yield in Surat North is 5.44% as of June 2026, with an average rental rate of ₹22 per sq ft, which has appreciated by 15.79% compared to the previous period. This yield suggests a healthy income potential for investors, balancing capital appreciation with consistent rental returns in a growing market.
How does the rental market vary by BHK configuration in Surat North?
Rental rates in Surat North scale significantly with space, starting from ₹25,200 per month for a 2 BHK apartment. Rates increase to ₹37,550 per month for 3 BHK units, ₹88,350 per month for 4 BHK units, and reach up to ₹3 Lakh per month for 6 BHK residences as of June 2026, catering to a diverse range of tenant profiles from young professionals to large families.
Which projects in Surat North are currently commanding the highest listing rates?
As of June 2026, Shree Krishna Atlanta Eliza in Vesu leads with a listing rate of ₹7,800 per sq ft, having appreciated by 69.31% over the observed period. Other premium projects include Sangini Evoq at ₹7,050 per sq ft and Sangini Lakeville at ₹7,000 per sq ft, the latter having appreciated by 54.12%.
How should investors interpret the price trends in Surat North?
Investors should note that the steady appreciation in the average asking price—reaching ₹4,850 per sq ft in June 2026—suggests a stable and maturing market. While the overall market is trending upward, the disparity in performance between property types, such as the high growth in shop pricing versus the depreciation in villa pricing, highlights the importance of selecting the right asset class for long-term value.
What is the rental performance of apartments compared to other property types in Surat North?
As of June 2026, apartments in Surat North command an average rental rate of ₹50 per sq ft, which has seen a depreciation of 13.64% compared to the previous period. Similarly, shops and office spaces are also listed at ₹50 per sq ft, with shops experiencing a 13.43% depreciation and office spaces a 4.17% depreciation over the same timeframe.
