Surat Municipal Corporation's October 2025 NCD IPO showcases its debt-free status, over ₹1,000 crore cash reserves, 92% property tax collection, and ₹909 crore FY2025 surplus. Escrow and DSRA protections ensure secure investments in green municipal bonds for infrastructure.
Real estate experts anticipate rising costs for home purchases and construction due to increased material prices and a 2% service tax hike, impacting buyers and developers alike.