Govindji Group
- 2 Projects
Surat
Vesu maintains a robust real estate profile, characterized by steady price points and a varied supply of residential and commercial spaces. The market has seen consistent activity across different development stages, with ready-to-move units providing immediate value for buyers, while ongoing projects continue to attract significant interest. Rental demand remains healthy, supported by a diverse inventory ranging from 2 BHK apartments to expansive 6 BHK homes, alongside a consistent rental yield for property owners. Developers are actively shaping the local landscape with premium residential projects that command high valuations.
As of June 2026, the average asking price in Vesu is ₹5,400 per sq ft. This figure reflects a depreciation of 1.49% compared to the previous period. Understanding this trend is essential for potential buyers, as it suggests a slight market correction in the locality, providing a different entry point compared to the price levels observed in late 2025.
Property rates in Vesu have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate stands at ₹5,450 per sq ft, following a rise from ₹5,400 per sq ft in March 2026. Prior to this, the rate was ₹5,500 per sq ft in December 2025 and ₹5,600 per sq ft in September 2025. This mixed movement indicates a dynamic market where buyers and investors should monitor quarterly shifts to time their investment decisions effectively.
Property rates in Vesu, currently at ₹5,400 per sq ft, are generally higher than several surrounding areas in Surat. For instance, Bhimrad has an average rate of ₹4,600 per sq ft (which depreciated by 3.08%), Althan at ₹4,400 per sq ft (depreciated by 2.56%), and Adajan at ₹3,900 per sq ft (which appreciated by 2.93%). Other areas like Pal are priced at ₹4,450 per sq ft (appreciated by 5.32%), Palanpur at ₹4,000 per sq ft (appreciated by 7.03%), and Jahangirabad at ₹3,600 per sq ft (depreciated by 2.76%). These comparisons highlight Vesu's position as a premium or more established residential hub within the city.
As of June 2026, Ready To Move properties in Vesu are priced at an average of ₹5,050 per sq ft, having seen a depreciation of 13.73% over the observed period. In contrast, Under Construction projects are priced at ₹4,850 per sq ft, with rates remaining stable at 0% change. Mid-stage projects are currently averaging ₹5,500 per sq ft, reflecting a 4.31% depreciation, while New Launch projects are at ₹4,950 per sq ft, down by 3.62%. This data suggests that buyers can currently find competitive pricing in the under-construction segment compared to mid-stage developments.
Vesu offers a diverse range of property types with varying price points as of June 2026. Apartments are the most common, averaging ₹5,450 per sq ft with a 0.93% appreciation. Villas command a premium at ₹22,550 per sq ft, showing a significant 38.65% appreciation. Office spaces are priced at ₹6,500 per sq ft with a 0.77% depreciation, while shops are priced at ₹16,700 per sq ft, having appreciated by 30.25%. These trends indicate strong demand for luxury residential and commercial assets in the area.
Several premium projects in Vesu currently lead the market in terms of listing rates as of June 2026. Sangini Evoq leads at ₹7,050 per sq ft (0.01% appreciation), followed by Rajhans Eronzza, Happy Home Celebrity Greens, Sangini Vedanta, and Rajhans Cremona, all priced at ₹7,000 per sq ft. Among these, Sangini Vedanta has shown a notable 5.89% appreciation. Other significant projects include Nova Shantinath and Rajhans Altezza at ₹6,950 per sq ft, Agastya at ₹6,500 per sq ft, Sangini Swapna at ₹6,350 per sq ft, and Sangini Nirvana at ₹6,200 per sq ft (0.36% appreciation).
The average rental yield in Vesu is 4.89% as of June 2026, with an average rental rate of ₹22 per sq ft, which has seen a depreciation of 51.11%. A rental yield of 4.89% is a key metric for investors, as it represents the annual return on investment from rental income relative to the property's purchase price. While the rental rate per sq ft has fluctuated, this yield suggests that Vesu remains a relevant market for investors looking to balance capital appreciation with consistent rental cash flow.
Rental rates in Vesu vary significantly based on the size and configuration of the apartment as of June 2026. A 2 BHK unit typically rents for ₹25,200 per month, while a 3 BHK unit averages ₹32,850 per month. For larger requirements, 4 BHK units command an average of ₹88,350 per month, and 6 BHK units are available at an average of ₹3 Lakh per month. This tiered pricing allows tenants to choose options that align with their budget and space requirements, while landlords can use these benchmarks to set competitive market rents.
Rental rates in Vesu, averaging ₹50 per sq ft for apartments, are distinct from other key localities in Surat as of June 2026. Piplod commands a higher average rental rate of ₹100 per sq ft, which has appreciated by 25% compared to the previous period. Adajan maintains an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change. These variations help renters and investors understand the relative premium of different neighborhoods when evaluating rental income potential or cost of living.
As of June 2026, rental rates in Vesu are segmented by property type to reflect market demand. Shops command the highest rental rate at ₹150 per sq ft, with rates remaining stable at 0% change. Office spaces and apartments both average ₹50 per sq ft; however, office spaces have seen a 2.22% appreciation, whereas apartments have experienced a 4.55% depreciation. This data is useful for commercial and residential tenants to gauge the current leasing environment in the locality.
