Surat
Vesu serves as a cornerstone of the Surat real estate market, maintaining a consistent average asking price of ₹5,400 per sq ft. Quarterly trends show a resilient market, with prices fluctuating between ₹5,400 and ₹5,600 per sq ft over the past year. The rental segment is equally dynamic, offering a solid 4.89% rental yield for investors, particularly in the 3 BHK and 4 BHK segments. The diverse property mix ranges from functional apartments to premium villas, ensuring a wide array of choices for both end-users and long-term capital appreciation seekers.
As of June 2026, the average asking price in Vesu is ₹5,400 per sq ft. This rate has depreciated by 1.49% compared to the previous period, reflecting a recent market adjustment in the locality.
Property price trends in Vesu have shown some volatility, with the average asking price recorded at ₹5,450 per sq ft in June 2026, compared to ₹5,400 per sq ft in March 2026, ₹5,500 per sq ft in December 2025, and ₹5,600 per sq ft in September 2025. This trajectory indicates a period of price stabilization following the fluctuations observed throughout the previous quarters.
Property prices in Vesu, currently at ₹5,400 per sq ft, are generally higher than several surrounding areas. For instance, Bhimrad has an average rate of ₹4,600 per sq ft (depreciated by 3.08%), Althan at ₹4,400 per sq ft (depreciated by 2.56%), and Pal at ₹4,450 per sq ft (appreciated by 5.32%). Other nearby areas like Adajan and Palanpur are priced at ₹3,900 per sq ft (appreciated by 2.93%) and ₹4,000 per sq ft (appreciated by 7.03%) respectively, while Jahangirabad sits at ₹3,600 per sq ft (depreciated by 2.76%).
As of June 2026, property prices in Vesu vary significantly by type: villas command the highest average at ₹22,550 per sq ft (appreciated by 38.65%), followed by shops at ₹16,700 per sq ft (appreciated by 30.25%), office spaces at ₹6,500 per sq ft (depreciated by 0.77%), and apartments at ₹5,450 per sq ft (appreciated by 0.93%). These figures highlight the premium nature of independent villa and commercial retail segments in the area.
Property rates in Vesu as of June 2026 are influenced by construction status: Ready To Move projects average ₹5,050 per sq ft (depreciated by 13.73%), Mid Stage projects are at ₹5,500 per sq ft (depreciated by 4.31%), Under Construction projects are at ₹4,850 per sq ft (stable with 0% change), and New Launch projects are at ₹4,950 per sq ft (depreciated by 3.62%). Investors should note that Mid Stage projects currently command a premium over both ready-to-move and under-construction inventory.
As of June 2026, premium projects in Vesu include Sangini Evoq at ₹7,050 per sq ft (appreciated by 0.01%), and Rajhans Eronzza, Happy Home Celebrity Greens, Sangini Vedanta, and Rajhans Cremona, all listed at ₹7,000 per sq ft. Sangini Vedanta specifically saw an appreciation of 5.89% in its listing rate, while other projects like Rajhans Altezza and Nova Shantinath are priced at ₹6,950 per sq ft, reflecting the high-end residential positioning of these developments.
As of June 2026, the average rental rate in Vesu is ₹22 per sq ft, which has seen a significant depreciation of 51.11% compared to the prior period. The locality currently offers a rental yield of 4.89%, which serves as a key metric for investors evaluating the income-generating potential of their residential assets relative to the current capital values.
Rental rates for apartments in Vesu as of June 2026 show a tiered structure based on size: 2 BHK units average ₹25,200 per month, 3 BHK units average ₹32,850 per month, 4 BHK units average ₹88,350 per month, and 6 BHK units command an average of ₹3 Lakh per month. This wide range allows tenants to choose from mid-range family housing to luxury large-format apartments depending on their specific requirements.
Rental rates in Vesu as of June 2026 differ by property category: shops command the highest rent at ₹150 per sq ft (stable at 0% change), while both office spaces and apartments are currently averaging ₹50 per sq ft. Office space rentals have appreciated by 2.22%, whereas apartment rentals have experienced a depreciation of 4.55%.
The rental yield of 4.89% in Vesu as of June 2026 provides a benchmark for investors to assess the annual return on investment from rental income relative to the property's purchase price. When combined with the current average apartment sale price of ₹5,450 per sq ft, this yield helps investors determine if the locality aligns with their long-term income-generation goals versus pure capital appreciation strategies.
