Property rates in Surat South average ₹4,500 per sq ft. Market trends show a dynamic landscape, with prices reaching ₹4,900 per sq ft by mid-2026. The area offers a variety of residential options, with apartments averaging ₹4,900 per sq ft. Investors currently find 3 BHK apartments commanding average rents of ₹39,000 per month, highlighting the consistent demand for quality housing in this growing region of Surat.
Insights for Surat South, Surat Real Estate Market Overview
The Surat South real estate market demonstrates significant growth, with property rates moving from ₹4,600 per sq ft in late 2025 to ₹4,900 per sq ft by the middle of 2026. This upward trajectory is supported by a diverse supply of residential units, ranging from ready-to-move projects to new launches. The rental sector remains active, particularly for 3 BHK apartments, providing steady returns for property owners. Developers continue to focus on high-value projects, ensuring a balanced mix of luxury and mid-segment options.
Apartment prices have seen a positive change of 9.03%, currently averaging ₹4,900 per sq ft.
New launch projects are attracting interest, priced at an average of ₹4,350 per sq ft.
Ready-to-move properties, with 25 units available, maintain a stable average price of ₹4,300 per sq ft.
The rental market shows strong demand for 3 BHK units, with average monthly rents at ₹39,000.
Premium projects like Shikhar Heights are leading the market, with rates reaching ₹5,700 per sq ft.
Market Strengths
Apartment segment demonstrates strong growth with a 9.03% increase in average rates.
New launch projects show a significant positive price trend of 9.75%.
Ready-to-move inventory is performing well with an 8.11% increase in average prices.
High-end projects like Shikhar Heights command premium rates up to ₹5,700 per sq ft.
Villa prices have experienced a decline of -21.12%, suggesting a softening in demand for this property type.
Shop rentals have decreased by -7.04%, currently averaging ₹50 per sq ft.
Bhimrad and Althan have seen slight price adjustments of -3.08% and -2.56% respectively, reflecting short-term market corrections.
Investment Opportunities
3 BHK apartments offer a consistent rental income stream of ₹39,000 per month.
New launch projects at ₹4,350 per sq ft provide an entry point into appreciating assets.
Apartments have shown a strong growth trend of 9.03%, making them a preferred investment choice.
Ready-to-move projects at ₹4,300 per sq ft offer immediate rental yield potential.
Top Localities in Surat South, Surat
Dumas Road
Avg Price₹ 4,750 /Sq.Ft.
LISTINGS
9
New Althan
Avg Price₹ 3,750 /Sq.Ft.
LISTINGS
154
Sachin
Avg Price₹ 2,000 /Sq.Ft.
LISTINGS
5
Udhana
Avg Price₹ 2,700 /Sq.Ft.
LISTINGS
11
Bhestan
Avg Price₹ 2,750 /Sq.Ft.
LISTINGS
2
Price Trend
Surat South, Surat Property Price Trends and Appreciation
Property rates in Surat South have shown a steady climb, moving from ₹4,600 per sq ft in December 2025 to ₹4,900 per sq ft by June 2026. This trend reflects the growing desirability of the area compared to the broader city rates. The consistent appreciation indicates a healthy development cycle for residential assets in the region.
Bhimrad and Althan serve as key residential hubs within the Surat South micromarket. Bhimrad currently averages ₹4,600 per sq ft, while Althan offers residential apartments at an average of ₹4,400 per sq ft. These areas remain central to the market's activity, providing competitive entry points for both homebuyers and investors looking for quality living spaces in well-connected localities.
Type
Rate (₹/Sq.Ft)
Change %
Villa
2,800
-21.1
Apartment
4,900
9
The Surat South market features a mix of residential property types tailored to different investment goals. Apartments lead the segment with an average price of ₹4,900 per sq ft, reflecting a 9.03% growth. Conversely, villas are currently positioned at ₹2,800 per sq ft, showing a shift of -21.12% as the market prioritizes high-density vertical living.
Surat South provides a balanced inventory across all development stages. Ready To Move projects, totaling 25 units, average ₹4,300 per sq ft with an 8.11% increase, while 9 new launch projects are priced at ₹4,350 per sq ft. Under construction and mid-stage projects offer additional variety, ensuring that buyers can choose between immediate occupancy and future appreciation potential.
Project & Developer Insights
Top Residential Projects and Developers in Surat South
Top Developersin Surat
Govindji Group leads in Surat with 2 projects and years of experience.
Premium residential developments in Surat South set high benchmarks for the local market. Shikhar Heights in Althan leads the segment at ₹5,700 per sq ft, reflecting a 15.3% increase in value. Other notable projects such as Rameshwaram Keshav Heights and Milestone Utsav are priced at ₹5,550 per sq ft and ₹5,400 per sq ft respectively, highlighting the premium nature of the Althan locality.
Rental Trends
Rental Trends and Average Rent in Surat South, Surat
The rental market in Surat South is anchored by 3 BHK apartments, which command an average monthly rent of ₹39,000. These residential units remain the primary choice for tenants seeking spacious living arrangements in the area. Commercial shops in the area are currently listed at an average rental rate of ₹50 per sq ft, experiencing a change of -7.04% over the recent period.
Surat South Rent Comparison
By Unit Type
By Property Type
Unit Type
Rate (₹)
3 Bhk
39,000
The rental market in Surat South is anchored by 3 BHK apartments, which command an average monthly rent of ₹39,000. These residential units remain the primary choice for tenants seeking spacious living arrangements in the area.
Property Type
Rate (₹/Sq.Ft)
Change %
Shop
50
-7
Commercial shops in the area are currently listed at an average rental rate of ₹50 per sq ft, experiencing a change of -7.04% over the recent period.
Frequently Asked Questions About Property Rates in Surat South, Surat
What is the current average asking price in Surat South?
As of June 2026, the average asking price in Surat South is ₹4,500 per sq ft. This figure reflects a depreciation of 2.39% compared to the previous period, indicating a period of market adjustment in this micromarket.
How have property prices in Surat South trended recently?
Property prices in Surat South have shown a fluctuating trajectory, with the micromarket rate reaching ₹4,900 per sq ft in June 2026 compared to ₹4,500 per sq ft in March 2026. This upward movement in the most recent quarter suggests a recovery in demand, following a dip observed in the earlier quarters of the year.
How do property prices compare between apartments and villas in Surat South?
As of June 2026, apartments in Surat South command an average price of ₹4,900 per sq ft, which has appreciated by 9.03% over the observed period. In contrast, villas are priced at an average of ₹2,800 per sq ft, reflecting a significant depreciation of 21.12% compared to the previous period, highlighting a clear preference for apartment living in this locality.
What is the price difference for properties based on their construction status in Surat South?
As of June 2026, property prices in Surat South vary by status: Ready To Move units average ₹4,300 per sq ft (appreciating by 8.11%), while New Launch projects average ₹4,350 per sq ft (appreciating by 9.75%). Mid-stage projects are priced at ₹4,550 per sq ft, showing a depreciation of 2.76%, and Under Construction projects are stable at ₹4,200 per sq ft with no change recorded.
How do property prices vary across neighbourhoods in Surat South?
Property prices in the vicinity of Surat South show distinct variations; as of June 2026, Bhimrad has an average asking price of ₹4,600 per sq ft, which has depreciated by 3.08% from the previous period. Meanwhile, Althan reports an average asking price of ₹4,400 per sq ft, reflecting a depreciation of 2.56% over the same timeframe.
What are the top-rated residential projects in Surat South by listing price?
As of June 2026, premium residential projects in Surat South include Shikhar Heights in Althan at ₹5,700 per sq ft (appreciating by 15.3%) and Rameshwaram Keshav Heights, also in Althan, at ₹5,550 per sq ft with stable pricing. Other notable projects include Milestone Utsav at ₹5,400 per sq ft and Shree Krishna Atlanta Sky Deck in Bhimrad at ₹5,200 per sq ft, which has appreciated by 5.18%.
What is the rental market situation for shops in Surat South?
As of June 2026, the average rental rate for shops in Surat South stands at ₹50 per sq ft. This rate has seen a depreciation of 7.04% compared to the previous period, suggesting a softening in commercial rental demand within the area.
How should a buyer interpret the price trends in Surat South?
Buyers should view the recent price movements in Surat South as a sign of a dynamic market where apartment prices have shown resilience with a 9.03% appreciation as of June 2026. While some segments like villas have seen significant depreciation, the steady demand for Ready To Move and New Launch apartment projects indicates that end-users remain active, making it essential to compare specific project statuses before committing to an investment.
