Surat South has emerged as a key residential hub in Surat, with property values showing a consistent upward trajectory over the last four quarters. Investors are currently evaluating a range of options, from ready-to-move apartments to new project launches, with prices remaining competitive compared to the broader city averages. The rental market is also active, particularly for 3 BHK units which currently command an average rent of ₹39,000 per month. This combination of capital appreciation potential and rental demand makes the region a focal point for real estate activity.
As of Sep 2026, the average asking price in Surat South is ₹4,900 per sq ft. This rate has appreciated by 0.2% compared to the previous period, reflecting a stable demand environment for residential apartments in this micromarket.
Property prices in Surat South have shown a consistent upward trajectory throughout 2026. Data indicates the average asking price rose from ₹4,500 per sq ft in Mar 2026 to ₹4,900 per sq ft by Sep 2026, signaling resilient buyer interest and sustained market activity compared to the broader city rate of ₹4,650 per sq ft.
Neighbourhoods in Surat South exhibit varied pricing, with Bhimrad currently commanding an average asking price of ₹5,100 per sq ft, which has depreciated by 1.52% over the observed period. In contrast, Althan has an average asking price of ₹4,600 per sq ft, showing a notable appreciation of 4.08%, suggesting a shift in buyer preference or increased development activity in that specific area.
As of Sep 2026, apartments in Surat South are priced at an average of ₹4,900 per sq ft, having appreciated by 0.2% compared to the previous period. Villas, meanwhile, are available at an average price of ₹2,800 per sq ft, which has seen a significant depreciation of 21.12% over the same timeframe, indicating a distinct divergence in market demand between these two property types.
Project status significantly influences pricing in Surat South as of Sep 2026. Ready To Move projects are priced at an average of ₹4,550 per sq ft, having appreciated by 1.11%, while Under Construction projects command a slightly higher average of ₹4,600 per sq ft, with an appreciation of 1.33%. New Launch projects are currently at ₹4,650 per sq ft, though this segment has seen a depreciation of 2.78%.
Premium residential projects in Surat South, such as Pioneer Luxury in Bhimrad, lead the market with a listing rate of ₹6,900 per sq ft. Other high-value projects include VB Sai Aashish Paradise at ₹6,550 per sq ft and Shree Krishna Atlanta Sky Deck at ₹6,000 per sq ft. These rates have remained stable with 0% change, reflecting their established premium positioning in the local real estate landscape as of Sep 2026.
The rental rate for shops in Surat South is currently ₹50 per sq ft as of Sep 2026. This segment has experienced a depreciation of 7.04% compared to the previous period, which may be an important signal for commercial property owners and investors evaluating the income potential of retail assets in the area.
