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.
Indore emerges as a leader in residential plot launches between 2022–May 2025, with 45,591 plots sold in early 2025 alone. Driven by investor appetite and developer strategies, the city outpaces tier-I rivals, signaling a paradigm shift in India’s real estate market toward tier-II growth.