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Property Rates in VIP Road Vesu, Surat

Comprehensive Market Snapshot

The VIP Road Vesu real estate market in Surat currently features an asking price averaging ₹6,079 per sq ft. Recent quarterly trends indicate a slight softening in prices, with the average rate decreasing from ₹6,312 in Sep 2025 to ₹6,079 in Dec 2025. The market is predominantly characterized by apartment properties, which align with the overall average pricing for the area. Buyers can find options across various development stages, including Ready To Move units at ₹5,703 per sq ft and Mid Stage projects commanding ₹6,050 per sq ft, with the latter showing a slight appreciation. Notable projects like Sky Superia and Narayan Coral Aroma are key contributors to the locality's property landscape.

  • Asking Sale Price₹ 6,079/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Other Property Rates

Insights for VIP Road Vesu, Surat Real Estate Market

The VIP Road Vesu locality in Surat presents a dynamic yet nuanced real estate market for potential buyers and investors. Currently, the asking price stands at an average of ₹6,079 per sq ft. Analyzing price trends over recent quarters, the area experienced a peak of ₹6,352 per sq ft in June 2025, which then slightly adjusted to ₹6,312 in September 2025, and further to ₹6,079 per sq ft by December 2025, indicating a recent downward correction. When compared to neighboring areas, VIP Road Vesu's current pricing is competitive, sitting slightly above Piplod (₹6,010 per sq ft) but below Bharthana (₹6,785 per sq ft), while being higher than Vesu (₹5,277 per sq ft). The market is primarily driven by the apartment segment, with an average price mirroring the overall locality rate at ₹6,079 per sq ft, though this segment has seen a minor decline of 3.69%. Property availability spans various stages of development, with Ready To Move properties averaging ₹5,703 per sq ft, experiencing a 6.12% decrease, and Mid Stage projects priced at ₹6,050 per sq ft, showing a positive growth of 0.77%. Prominent projects such as Sky Superia (₹6,100 per sq ft) and Narayan Coral Aroma (₹6,000 per sq ft) continue to shape the premium segment of the market. The absence of recent registration data and rental rates suggests a need for more granular transaction insights to fully assess market liquidity and investor returns.

Market Strengths Market Strengths
  • A competitive average asking price of ₹6,079 per sq ft positions VIP Road Vesu as a desirable location within Surat.
  • The presence of well-known projects like Sky Superia and Narayan Coral Aroma indicates quality development and buyer confidence.
  • Mid Stage projects are demonstrating positive price growth, suggesting optimism and demand for ongoing developments.
  • The locality benefits from its proximity to areas like Piplod and City Light, which have shown positive price appreciation.
  • Consistent availability of apartment properties caters to a steady and focused demand segment in the residential market.
  • Top projects maintain relatively stable pricing, indicating a resilient core within the market despite broader fluctuations.
Market Challenges Market Challenges
  • The recent quarterly decline in average asking prices (from ₹6,312 to ₹6,079 per sq ft) indicates a softening market trend.
  • The absence of available rental rate data makes it challenging for investors to accurately assess potential rental yields.
  • A lack of government registration data hinders transparency and makes it difficult to analyze actual transaction volumes and market liquidity.
  • Limited property type diversity, with only apartments reported, might restrict investment options for those seeking other property types.
  • Ready To Move properties have experienced a notable price drop (-6.12%), which could signal an oversupply or reduced immediate demand in this segment.
Investment Opportunities Investment Opportunities
  • Mid Stage projects showing positive price appreciation (0.77% increase), potentially offering growth opportunities for investors.
  • The recent dip in average asking prices might present a strategic buying opportunity for long-term investment in the area.
  • Proximity to neighboring areas like Piplod and City Light, which are demonstrating positive price changes, could indicate spillover growth potential.
  • The market's focus on apartment properties provides a clear and established segment for residential investors.
  • The presence of established projects such as Sky Superia and Narayan Coral Aroma suggests reliability and sustained buyer interest.
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Property Price Trends in VIP Road Vesu, Surat

Asking Price Trends

Asking prices in VIP Road Vesu have experienced some fluctuation over the past few quarters. After reaching ₹6,352 per sq ft in June 2025, the rates saw a minor adjustment to ₹6,312 per sq ft by September 2025. The latest data for December 2025 indicates a further softening, with prices averaging ₹6,079 per sq ft, reflecting a recent downward trend in the locality.

Quarter City Rate
Dec 2025 6079
Sep 2025 6312
Jun 2025 6352
Mar 2025 0
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Price Trends by Property Type

The VIP Road Vesu real estate market is primarily characterized by apartment properties, which currently average ₹6,079 per sq ft. This segment, representing the entirety of the reported property types, has experienced a modest decrease of 3.69% in its average price, reflecting the general market adjustments within the locality.

Type Rate (₹/sq.ft) Change %
Apartment 6,079 -3.69
Price Trends by Project Status

The VIP Road Vesu market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory, comprising 1 unit, averages ₹5,703 per sq ft, though it has seen a 6.12% decline, appealing to immediate occupancy seekers. Mid Stage projects present 2 opportunities at ₹6,050 per sq ft, notably showing a positive growth of 0.77%, indicating confidence in ongoing developments.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 5,703 -6.12
Price Trends by Localities

VIP Road Vesu commands an average asking price of ₹6,079 per sq ft, positioning it as a premium locality within Surat. This rate is comparable to nearby Piplod, which averages ₹6,010 per sq ft and has seen a positive change of 4.58%. Bharthana stands as a more expensive option at ₹6,785 per sq ft, while Vesu offers properties at a more accessible ₹5,277 per sq ft, despite experiencing a 5.87% decline. Other areas like City Light (₹5,618 per sq ft with a 6.18% increase) and Rundh Magdalla (₹5,907 per sq ft) also offer diverse price points for buyers.

Location Rate (₹/sq.ft) Change %
Piplod 6,010 4.6
Vip Road 5,424 -
Vesu 5,277 -5.9
Rundh Magdalla 5,907 -
Dumas Road 4,767 -9.5
Bharthana 6,785 -0.2
Citylight Area 3,519 -
City Light 5,618 6.2
New City Light 5,646 -7.6
Althan 4,474 0.5

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in VIP Road Vesu are commanding significant asking prices, reflecting their desirable positioning. Leading the segment, Sky Superia is priced at ₹6,100 per sq ft, showing a 1.53% increase. Narayan Coral Aroma follows closely with an average of ₹6,000 per sq ft. Aakash Expressions offers properties at ₹5,703 per sq ft, though it has experienced a 6.12% decline. These top-tier projects represent the aspirational segment of the VIP Road Vesu market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Sky Superia 6,100 1.5
Narayan Coral Aroma 6,000 -
Aakash Expressions 5,703 -6.1
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