Surat West's real estate market presents a current asking price of ₹4,000 per sq ft, with a projected slight increase in the coming quarters, though it remains below the city's average rate. The market has observed fluctuations, with prices peaking in September 2025 at ₹4,400 per sq ft before settling. Residential apartments are the most prevalent property type, averaging ₹4,000 per sq ft with a marginal 0.86% rise. The rental landscape is active, with 2 BHK apartments commanding ₹32,400 per month and 3 BHKs at ₹25,500 per month, while shops show a notable rental rate decrease of -17.36%.
- Pal and Adajan are key residential locations within Surat West, with Pal apartments averaging ₹4,450 per sq ft and seeing a 5.32% increase, while Adajan apartments are priced at ₹3,900 per sq ft with a 2.93% growth.
- Villas are experiencing exceptional growth, with prices increasing by 42.93%, indicating strong investor interest in this segment.
- The majority of available properties are ready to move (88 units) or in mid-stage development (58 units), both averaging ₹4,250 per sq ft, though with recent price declines.
- Pramukh Central Park is a standout project by listing rates, currently priced at ₹6,050 per sq ft with a 3.35% increase.
- Rental yields for shops have seen a significant decrease of -17.36%, while residential apartments and villas show more stable rental performance.