About

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:

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.