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Property Rates in VIP Road, Surat

Comprehensive Market Snapshot

The VIP Road real estate market in Surat currently presents an asking price averaging ₹5,424 per sq ft, primarily driven by the apartment segment. While specific quarterly trends show limited consistent data, available figures from Sep 2025 and Jun 2025 indicate a stable price point. The market exclusively features apartments, with no rental, registration, or top project/developer data available to provide a broader transactional overview.

  • Asking Sale Price₹ 5,424/sq.ft
  • Insights
  • Price Trend
  • Other Property Rates

Insights for VIP Road, Surat Real Estate Market

The VIP Road property market in Surat maintains a competitive asking price of ₹5,424 per sq ft, positioning it as an accessible yet desirable location. The market's primary focus is on apartments, which represent the entirety of the available property types at this price point, experiencing a marginal quarterly decrease of -0.2%. When comparing with neighboring areas, VIP Road sits comfortably between more affordable options like Dumas Road (₹4,767 per sq ft) and higher-priced localities such as Bharthana (₹6,785 per sq ft). Notably, nearby Piplod and City Light show positive growth, with rates increasing by 4.58% and 6.18% respectively, suggesting potential upward pressure or spillover demand for VIP Road. However, a significant challenge for analysis is the absence of comprehensive quarterly price trend data, with several quarters showing no recorded rates. Furthermore, the market lacks transparency regarding rental rates, transaction volumes, and top-performing projects or developers, making it difficult to assess overall market liquidity and investor sentiment. Despite these data gaps, the consistent asking price for apartments suggests a stable demand within its niche.

Market Strengths Market Strengths
  • Competitive average asking price of ₹5,424 per sq ft, appealing to a broad range of buyers.
  • Stable pricing in the apartment segment, indicating a resilient demand base.
  • Strategic location amidst areas with both higher and lower price points, offering varied comparison benefits.
  • Presence of established residential market with apartments as the dominant property type.
  • Proximity to micro-markets like Piplod and City Light that are experiencing positive price appreciation.
Market Challenges Market Challenges
  • Lack of consistent quarterly price trend data makes long-term market forecasting difficult.
  • Absence of rental rate information limits the ability to assess potential rental yield for investors.
  • No available data on transaction volumes or registration rates hinders understanding of market liquidity and demand.
  • The absence of identified top projects or developers implies a fragmented or less transparent development landscape.
  • Limited property type diversity, with only apartments noted, might restrict investment options for varied portfolios.
Investment Opportunities Investment Opportunities
  • Stable apartment pricing at ₹5,424 per sq ft offers a consistent entry point for residential investment.
  • Proximity to positively growing micro-markets like Piplod (4.58% growth) and City Light (6.18% growth) could indicate future appreciation potential for VIP Road properties.
  • The market's focus on apartments provides a clear investment avenue for those targeting the residential rental or resale segment.
  • Competitive pricing relative to higher-value neighboring localities like Vip Road Vesu and Bharthana suggests good value proposition.
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Property Price Trends in VIP Road, Surat

Asking Price Trends

An analysis of recent price trends for VIP Road reveals a stable asking price for properties, particularly in the apartment segment. In Sep 2025, the average rate stood at ₹5,424 per sq ft, following closely from Jun 2025 where it was ₹5,435 per sq ft. This indicates a largely consistent valuation over the recorded quarters, reflecting steady market conditions for properties in the area.

Quarter City Rate
Dec 2025 0
Sep 2025 5424
Jun 2025 5435
Mar 2025 0
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Price Trends by Property Type

The VIP Road real estate market in Surat is currently characterized by its robust apartment segment. Apartments in this locality are available at an average price of ₹5,424 per sq ft. This property type has experienced a marginal decrease of -0.2% in its average price, indicating a relatively stable market for residential units.

Type Rate (₹/sq.ft) Change %
Apartment 5,424 -0.2
Price Trends by Localities

Properties in VIP Road, Surat, are currently priced at an average of ₹5,424 per sq ft, offering a mid-range option within the broader Surat real estate landscape. This makes it slightly more affordable than premium areas like Vip Road Vesu, which commands ₹6,079 per sq ft, and Bharthana, which is the highest at ₹6,785 per sq ft. Conversely, VIP Road is positioned above more budget-friendly localities such as Dumas Road at ₹4,767 per sq ft and Bhimrad at ₹4,638 per sq ft. Notably, Piplod and City Light, with average rates of ₹6,010 per sq ft and ₹5,618 per sq ft respectively, have shown positive growth, suggesting a dynamic environment in the surrounding micro-markets.

Location Rate (₹/sq.ft) Change %
Vesu 5,277 -5.9
Vip Road Vesu 6,079 -3.7
Dumas Road 4,767 -9.5
Piplod 6,010 4.6
Rundh Magdalla 5,907 -
Bharthana 6,785 -0.2
Bhimrad 4,638 0.4
New City Light 5,646 -7.6
Citylight Area 3,519 -
City Light 5,618 6.2
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