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.
Surat's Outer Ring Road Phase 2 postponement stalls real estate growth as Nikunj Gajera urges CM action. Bhimrad and Pal face price stagnation and rental yield risks due to critical infrastructure bottleneck.
Surat’s real estate sector has witnessed a 100% growth in the past two years, driven by vertical development, business opportunities, and infrastructure projects.