Residential property prices in Surat jumped 45% from FY 2019-20 to 2023-24, per PropEquity data, fueled by jobs, infrastructure, and migration. This positions the city as a prime Tier-II investment spot amid thriving diamond and textile sectors, with hotspots like Vesu and Udhna leading the charge for buyers seeking strong returns.
Surat Metro Phase 1, operational by mid-2025, is poised to significantly enhance property values along its corridors, particularly in areas like Vesu, Adajan, and Katargam.