Property Rates in Surat West, Surat

Property prices in Surat West have shown some fluctuation over the past year. From June 2025 to March 2026, the average micromarket rate decreased from ₹4,385 per sq ft to ₹4,006 per sq ft. However, there was a notable increase from December 2025 (₹3,972 per sq ft) to March 2026 (₹4,006 per sq ft), showing a recent upward movement after a dip.

Property rates in Surat West vary significantly by neighborhood. As of March 2026, Vip Road Vesu leads with an average rate of ₹6,079 per sq ft, followed closely by Piplod at ₹6,010 per sq ft and Rundh Magdalla at ₹5,907 per sq ft. In contrast, Adajan offers more affordable options at ₹3,905 per sq ft, and Pal is priced at ₹4,433 per sq ft. Notably, Pal has seen an appreciation of 5.32% and Adajan 2.93% in their rates, while several premium localities like Vip Road Vesu and Piplod have remained stable with a 0% change.

In Surat West, as of March 2026, apartments are the most common property type, with an average price of ₹4,006 per sq ft, showing a slight appreciation of 0.86%. Villas, on the other hand, command a significantly higher average price of ₹7,628 per sq ft, experiencing a substantial appreciation of 42.93%. Office spaces are priced at an average of ₹8,105 per sq ft, but have seen a depreciation of 4.24%.

As of March 2026, Ready To Move properties in Surat West are priced at an average of ₹4,250 per sq ft, which has seen a depreciation of 5.55% over the period. Under Construction properties are priced lower at an average of ₹3,727 per sq ft with no reported change. Mid Stage projects are priced at ₹4,237 per sq ft, down by 10.42%, and New Launch projects are at ₹3,924 per sq ft, down by 2.46%.

As of March 2026, Pramukh Central Park in Pal has the highest listing rate in Surat West at ₹6,054 per sq ft, showing a 3.35% appreciation. Shree Mega Royal in Adajan follows at ₹5,982 per sq ft with no change, and Sumeru Golden Leaf, also in Pal, is listed at ₹5,885 per sq ft with no change. Other notable projects with high listing rates include Marvella Palladium Sky and Aakash Expressions.

The average rental rate in Surat West is ₹57 per sq ft as of March 2026. The area boasts a rental yield of 17.07%, which is a strong indicator for investors, suggesting a healthy return on investment relative to property values. This yield suggests that rental income can be a significant factor for property owners in this micromarket.

For apartments in Surat West, as of March 2026, a 2 BHK unit typically rents for around ₹32,393 per month. A 3 BHK unit, generally larger and offering more space, has an average rental rate of ₹25,500 per month. These figures provide a clear picture of the rental market for different apartment sizes within the residential segment.

Rental rates in Surat West differ by locality, with Piplod commanding a higher average rent of ₹60 per sq ft as of March 2026, showing no change. Pal offers a more affordable rental option at ₹42 per sq ft, also with no change in rates. These variations highlight the premium commanded by certain areas for rental properties within the micromarket.

As of March 2026, shops in Surat West have an average rental rate of ₹100 per sq ft. This segment has experienced a depreciation of 17.36% in rental rates, indicating a softening demand or increased supply in the commercial rental market for retail spaces.

As of March 2026, the average asking price in Surat West stands at ₹4,006 per sq ft. This is lower than the city's average rate of ₹4,407 per sq ft for the same period. The micromarket has shown a slight appreciation of 0.86%, while the city's average rate has also seen a positive trend.

A listing count of 260 in Surat West as of March 2026 indicates the current available inventory of properties for sale in the micromarket. This number provides a snapshot of the supply side of the market, helping potential buyers gauge the level of choice available.

The Government Registration Rate being listed as ₹0 per sq ft for Surat West as of March 2026 suggests that this data point is not available or not applicable in the provided dataset for this specific micromarket. Typically, registration rates are a factor in the total cost of property acquisition, and their absence here means that for this analysis, only the asking price is considered.