Overview of Althan, Surat

Location and Fame

Althan, Surat, is a popular and in-demand area in the city. It has good connections, facilities, and a strategic position, making it a great choice for sellers and renters alike.

Property Prices

• Properties in Althan start at about ₹3,349 per square foot. Typically, properties here cost around ₹4,437 per square foot on average.
• Prices range widely, from ₹3,349 to ₹6,391 per square foot.
• Flats usually go around ₹4,300 per square foot. They can cost anywhere from ₹3,700 to ₹5,050 per square foot.

Property Kinds

• Apartments: These come in sizes and styles like 2 BHK, 3 BHK, and 4 BHK. You can buy a 2 BHK flat for between ₹44.27 lakhs and ₹54 lakhs. For a 3 BHK, the cost starts at ₹64.9 lakhs and can go up to ₹1.61 crores.
• Independent Houses: Prices vary with their size and features.
• Builder Floors: Prices are from ₹3,600 to ₹4,450 per square foot.

Cost Changes

• Over the past year, properties in Althan dropped by 6.79%.
• In the past 5 years, property rates have grown 27.5%. Over the last 10 years, it’s risen by 49.2%.

Facilities and Links

• Althan is close to major places like Surat Diamond Bourse, Surat Airport, and shopping centers.
• It provides many amenities like modern facilities, schools, hospitals, and shops.

Rental Choices

• Renters have choices like furnished and semi-furnished flats. Monthly rent is between ₹17,000 and ₹40,000.

Building Projects

• There’s a good number of approved projects in Althan, like Oliva Pride and Milestone Utsav. They ensure safety and honesty for buyers.
• There are also ready-to-move projects like Siddhi Ellipse, which help avoid project delays.

PropertyWala's Thoughts

Althan, Surat, is a strong area for real estate investment. It balances costs, facilities, and connections well. With options from apartments to independent houses, it fits many budgets and tastes. Though there was a drop in property rates recently, the long-term rise means it’s stable and can be profitable. Whether buying or renting, Althan’s position and modern amenities are appealing in Surat's real estate scene.