Surat Real Estate: Top Areas to Buy a Home in Surat

Introduction

Surat, a booming city in Gujarat, has seen significant growth in the real estate market. With a combination of a dynamic economy and infrastructural developments under the Smart City initiative, Surat has become a lucrative residential market. Let’s find out which areas are contributing to its booming real estate market and attracting home buyers.

Table of Contents

• Surat Top Areas to Buy a Home
• Social Facilities Near PAL, Surat
• Palanpur Social Facilities, Surat Real Estate
• VIP Road Vesu, Surat
• PAL Gam, Surat Real Estate

Known as the Diamond City, Surat is the main financial center of Gujarat. There are over 5,000 diamond manufacturing units by giants like Larsen & Toubro and Essar Steel. Home to engineering plants, its commercial market has global recognition.

Surat Top Areas to Buy a Home

However, it is not far behind. Surat’s residential landscape has also seen remarkable evolution over the years. There are smart city initiatives, Surat Metro, and the Mumbai-Ahmedabad bullet train. Infrastructure expansions like the Chennai-Surat highway are boosting the residential market in the city.

Surat Pal, Palanpur, and Pal Gam have emerged as popular markets for those looking for prime localities to buy a home. These areas offer a variety of accommodation options. These area-based residents are based on estimated connectivity, environment, lifestyle, and safety parameters.

Let us now see details of the residential inventory, connectivity links, and amenities of the top places to live in Surat.

Social Facilities Near PAL, Surat

PAL, a posh locality in Surat, offers a good mix of ready-made and under-construction apartments, with 2 BHKs being the most popular. Located just two kilometers from Adajian, Sapphire Business Park, and the industrial area at Khatodara. PAL has excellent rental and home purchase demand.

Surat International Airport, Gaurav Margan, and Hazira Road are within 12 km. Average property prices in Pall are Rs. 4,700, with a monthly rent of Rs. 13,000 to Rs. 45,000. Home values in the area have risen more than 17 percent in the past three years. The upcoming Adajian Gam Metro Station, located just two kilometers from PAL, will further enhance connectivity and investment opportunities in the region.

Palanpur Social Facilities, Surat Real Estate

In the Palanpur mid-segment area of Surat, property prices have increased by over 18 percent and currently average Rs. 3,850. Housing options like 2 BHK and 3 BHK apartments are the most popular on these premises. Most buyers in Palanpur prefer properties priced below 50 lakhs.

The presence of several business parks, such as Millionaire and Trinity, nearby has fueled the home-buying trend in the area. Further, there are SH-6 and SH-168, Khatodara GIDC, within a radius of eight kilometers. The proximity to industrial areas of GIDC Ichapur also adds to the trend. Surat Railway Station and Surat International Airport are about an hour’s drive.

Monthly rents in Palanpur are Rs. 9,000 to Rs. 24,500. With the upcoming Palanpur Road metro station on Surat Metro Line-2, the real estate dynamics in the region are expected to further increase. Area-based residents rated the area 4.2 out of five for safety and connectivity.

VIP Road Vesu, Surat

Dominated by 3 BHK residential units, VIP Road Vesu is one of the sought-after locations in Surat. Its proximity to Vesu, Bhatar, Adajan, and LP Savani business hubs makes it attractive among home seekers. Moreover, Surat International Airport is just a 7-minute drive away, and NH-53 is easily accessible. Average property prices in VIP Road are Rs. 5,800, and monthly rentals are around Rs. 16,000–50,000. In the last five years, there has been a 39 percent increase in property prices on VIP Road.

PAL Gam, Surat

PAL Gam Many employment centers, such as Trinity and Sapphire Business Park, are also nearby. Making PAL Gam a preferred housing hub. The upcoming Bhesan-Saroli corridor within a km of PAL Gam will further enhance the region’s prominence in Surat’s realty landscape. with property prices averaging Rs. 4,700. The area offers 2 BHK and 3 BHK apartments. Mostly ready to move in. Other popular realty options available are villas, land parcels, and independent floors. The monthly rent in PAL Gam ranges from Rs. 11,000 to Rs. 48,000.

The intra-city connectivity of the area is enhanced through Canal Road, Paul Road, and Opera Heights Road. Furthermore, Surat Railway Station and International Airport are just 11 km away via Dumas Road.

Many employment centers, such as Trinity and Sapphire Business Park, are also nearby. Making PAL Gam a preferred housing hub. The upcoming Bhesan-Saroli corridor within a km of PAL Gam will further enhance the region’s prominence in Surat’s realty landscape.

Conclusion

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