Surat, located in the Western part of Gujarat, India, is one of the country's most dynamic and culturally diverse cities. Notably, it holds historical significance as the first city where the British set foot. As the eighth-largest city globally and the second-largest in Gujarat, Surat earned its reputation as the cleanest city in India. Furthermore, it was among the initial 20 Indian cities to embrace the smart city initiative in 2015. Renowned as the Diamond City of India, Surat is home to over 5,000 diamond production units, constituting the world's largest cutting and polishing sector.

The city also hosts a wide array of engineering companies, including industry giants like Larsen & Toubro, Essar Steel, Reliance Industries Ltd., Hero MotoCorp, and Oil and Natural Gas Company, among others, solidifying Surat's status as a hub for major enterprises

Why Buy Flats/Apartments in Surat?

Surat's real estate market offers a range of affordable options, with apartments being the preferred choice for modern buyers. They provide privacy, low maintenance, and come with numerous conveniences, making them highly desirable. Additionally, apartments tend to have higher resale values.

According to research by Richard Holt, the head of Oxford's global cities research, Surat, a hub for diamond processing and trading in Gujarat, is projected to experience exceptional growth, averaging over 9% until 2035. Among the fastest-growing cities globally, ten are expected to be in India during this period.

Apartment owners can enjoy swimming pools, gyms, clubhouses, and community halls. This opulent lifestyle, coupled with the promise of high resale value, is driving the increasing popularity of apartment purchases in Surat. Given the available amenities, these residences hold significant resale potential.

Investment Trend in Surat

The areas with the largest increases in property prices during the past three years are Piplod (50.6%), Dumas (33.8%), and VIP Road Vesu (33.3%). The Surat neighborhoods with the greatest rental yields are Citylight Area (8.3%), Vesu (7.3%), Ghod Dod Road (7.0%), Palanpur (6.6%), and Adajan (6.4%).

According to an Economic Times report, Surat will experience the highest population growth globally from 2019 to 2035. This surge in population has led to significant expansion in the Surat real estate market, primarily driven by rapid urbanization.

Recent data indicates a notable increase in commercial project registrations in Surat. Compared to the previous fiscal year (2020-2021), there has been a 24% rise, with 213 new commercial projects being registered. Surat saw the highest increase with 60 new projects, marking a 15% uptick from FY 2021

Sqft Price for Top 16 Areas

Here is the price list for some of the top areas in Surat:

Neighbourhood	Average Price per sqft.
Vesu	Rs. 5,600
PAL	Rs. 4,800
Adajan	Rs. 4,400
Althan	Rs. 4,500
Palanpur	Rs. 3,900
Jahangirpura	Rs. 3,400
Jahangirabad	Rs. 3,500
Dindoli	Rs. 2,300
Amroli	Rs. 2,500
Piplod	Rs. 6,000
Bhimrad	Rs. 4,500
VIP Road Vesu	Rs. 5,900
Palanpur Gam	Rs. 3,500
Pal Gam	Rs. 4,700
Dumas	Rs. 4,600
Dumas Road	Rs. 4,600

Disclaimer: The mentioned prices are taken from different sources and do not reflect the actual price. The price depends on the offered location, developer, and amenities.

Surat's Real Estate Landscape

Known for its high standard of living, Surat is one of the fastest-growing cities in India and globally. Additionally, the average income of residents in Surat is approximately twice that of the national average. Recognised with the "Best Urban City of India Award," Surat consistently ranks among the Cleanest Cities in India according to Swachch Sarvekshan Surveys.

Some of the prominent builders in the city include Rajhans Desai-Jain Group, Milestone Group, Rameshwaram Group, Ravani Developers, and Aagam Group Surat, among others.

Western Zone

You'll find areas like Abhva and Ichchhapor in the western part of Surat. Leading developers in this zone include Triyom Realty, Maharaja Developers, Swagat Developers, Meru Infra, Maxiple Infra, and Rajhans Group. Some notable projects in this area are Triyom Abode, Maharaja Unity, Maxiple The Address, Meru Valentina, and Swagat Residency.

Eastern Zone

The eastern part of Surat encompasses areas like Palanpura, Nana Varachha, Godadara, Bardoli, and Vankal. Friends Infra, Shreepad Groups, Mahadev Corporation Surat, Helios Infra, and Shree Krishna Unity are major developers here. Some noteworthy projects include Friends Aroma Heights, Shreepad Inspire, Mahadev Omkar Heights, Helios Revanta, and Shree Krishna Stellar.

Southern Zone

In the southern part of Surat, you'll find areas like Bhimrad, Palsana, Althan, and Magdalla. Key developers in this zone include Avadh Group, Coral Developers, Rameshwaram Group, Siddhi Vinayak Group, and Ravani Developers. Notable projects include Ravani Fortua, Siddhi Venessa, Rameshwaram Dev Bhoomi, Coral Coral Bungalows, and Avadh Kimberly.

Northern Zone

The northern part of Surat covers areas such as Kamraj, Mota Varachha, Choryasi, Olpad, Pasodara, and Utran. Leading developers include Sitaram Corporation, Omkar Enterprise Surat, Aatman Buildcon, and Dev Infra Surat. Some popular projects in this zone are Aatman Infinity Baug, Vagadiya Crystal Bungalows, Dev Shivay Homes, Matrushi Ananta Heights, and Sitaram Element Homes.

FAQs

What are the top apartment locations in Surat?

Vesu
PAL
Adajan
Dindoli
Althan
Piplod
Palanpur

What are affordable flats options in Surat?

Marvella Palladium Residency
DMD Aura
Sangini Enoq
Shaligram The Emerald
Prayosha Shine
Rajhans Elite
Veer Supremus

What are luxury flat options in Surat?

Jeevkar Nagar
Ashirwad Palace
Celebrity Greens
Akash Enjoy
Rajhans Corazon
Vaishnodevi Lifestyle

What are the price trends of flats in Surat?

The price trends of flats in Surat have seen steady growth in recent years. In popular areas like Vesu, the price appreciation has been 27.9% in the last 5 years and has seen a rental yield of 7%. Whereas, for PAL, the price appreciation in the last 5 years is 22.1%, and the rental yield reported was 3%. For Adajan, the price appreciation in the last 5 years is 26.9%, and the rental yield is 6%

Who are the best builders in Surat?

Rajhans Desai-Jain Group
Milestone Group
Rameshwaram Group
Ravani Developers
Aagam Group Surat
Avadh Group
JMS Property Surat
Happy Home Group Surat
Majestic Builders

What are the amenities checklists for flats in Surat?

Allotted parking space
EV charging point per flat
Spacious central garden
Luxurious deck balcony
Touch switches in all rooms
Google and Alexa home compatible
Fully ventilated flats
Fitness centres
Community halls

What are the upcoming projects in Surat?

Veer Supremus
Veer Swastik Icon
Sangini Aura
Shreepad Shivanta Vivanta
Kelly La Maison

What are the investment tips for Surat?

Make sure the accessibility is good
Should have a good infrastructure
It should have a good resale value.
Analyze your budget and the location of the property well enough.

What are the names of the flats in Surat with modern amenities?

Ascon Surya Landmark
Vasupujya Residency
Galaxy Aventura
ENN ENN Fionaa

How many 1 BHKs are available in Surat?

There are 9 1 BHKs available in Surat.

How much does a 1 BHK cost in Surat?

The average price of 1 BHK in Surat is ?11 Lac - ?27.5 Lac.

What is the average size of a 1 BHK in Surat?

The average size of 1 BHK in Surat is 477 sqft - 702 sqft. .

What is the rent of a 1 BHK in Surat?

The rent of a 1 BHK in Surat is ?6,249 - ?11,999.

How many 2 BHKs are available in Surat?

There are 76 2 BHKs available in Surat.

What is the average size of a 2 BHK in Surat?

The average size of 2 BHK in Surat is 700 sqtt - 1052 sqft.

What is the rent of a 2 BHK in Surat?

The rent of a 2 BHK in Surat is ?13,000 - ?17,799.

How much does a 2 BHK cost in Surat?

The average price of 2 BHK in Surat is ?28 Lac - ?57.8 Lac

How many 3 BHKs are available in Surat?

There are 98 3 BHKs available in Surat.

How much does a 3 BHK cost in Surat?

The average price of 3 BHK in Surat is ?55 Lac - ?1.27 Cr.

What is the average size of a 3 BHK in Surat?

The 3 BHKs in Surat are available in the average size of 1116.43 sqft - 1325.46 sqft.

What is the rent of a 3 BHK in Surat?

The rent of a 3 BHK in Surat is ?17,000 - ?30,000.

How many 4 BHKs are available in Surat?

There are 46 4 BHKs available in Surat

How much does a 4 BHK cost in Surat?

The average price of 4 BHK in Surat is ?1.10 Cr - ?2.40 Cr.

What is the average size of a 4 BHK in Surat?

The 4 BHKs in Surat are available in the average size of 1595 sqft - 2200 sqft.

What is the rent of a 4 BHK in Surat?

The rent of a 4 BHK in Surat is ?30,000 - ?47,000.

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