Overview of Katargam, Surat

Location and Connectivity

Katargam in Surat is located in its northern part and enjoys connections to other areas through major roads and public transport. This strategic spot offers convenient access to schools, hospitals, shopping malls, and entertainment centers, which makes it tempting for families and investors.

Property Prices

• The average price of properties in Katargam ranges ₹2,250 to ₹3,682 per square foot, depending on the source and property type.
• Flats range from ₹1,100 to ₹3,000 per square foot, while more luxurious properties go higher, up to ₹12,500 per square foot.
• A typical 2 BHK flat costs between ₹25 to ₹45 lakhs.

Types of Properties Available

• Katargam has numerous residential options, such as compact 1 BHK apartments, larger 3 BHK flats, and standalone houses.
• You'll also find builder floors, villas, and plots.

Infrastructure and Amenities

• The area has transformed from an industrial hub to a vibrant residential zone with modern amenities and cultural heritage.
• Ongoing projects such as the Surat Metro and road expansions aim to boost property values.

Investment Potential

• Katargam stays cheap compared to others in Surat, making it a great investment spot.
• Low entry cost and future infrastructure upgrades promise high potential returns.
• It has a good rental yield because of a steady rental demand and affordable homes.

Price Trends and Appreciation

• Property prices in Katargam have gone down recently, with a 4.04% fall last year and -6.1% over three years.
• Despite present dips, many experts think property values will rise steadily thanks to Surat's future business and industrial growth.

Reasons to Think About Katargam

Affordability

• Property prices are budget-friendly in Katargam, making it perfect for new buyers and middle-income families.

Infrastructure Projects

• Ongoing developments promise improved connectivity and amenities, possibly raising property values.

Rental Yield

• Katargam offers strong rental yields, appealing to investors seeking rental properties.

Variety in Housing

• The area features numerous housing choices, from affordable housing schemes to luxury residences, fitting different budgets and tastes.

PropertyWala's Conclusion

Katargam in Surat provides a strong chance for both property buyers and investors given its affordable property costs, well-planned infrastructure, and potential for future growth. Its strategic spot, broad housing choices, and anticipated property value rise make it a smart choice for anyone wanting to invest in Gujarat's Surat real estate market. Whether you're new to buying or investing, Katargam stands out for its affordability, ease, and growth prospects.