Is now a good time to buy a property in Surat?
Official NHB RESIDEX data puts the average carpet-area price in Surat at ₹6,392/sq ft for the quarter ending Jun 2026, up 5.4% from a year earlier. Over five years prices have compounded at +2.9% a year. Annual growth is running 1.6 points above the city's long-run pace of +3.9%.
Surat price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹5,368/sq ft |
| 646 – 1,184 sq ft | ₹6,974/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹9,572/sq ft |
Frequently asked questions
Is now a good time to buy a property in Surat?
As of Jun 2026, our buy-timing signal for Surat is BUY — prices are projected to rise about +4.7% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Buy-timing score: 57/100.
Will property prices in Surat go down in 2027?
The model projects +4.7% over the next 12 months: about ₹6,691/sq ft by Jun 2027, with an 80% range of ₹6,528/sq ft–₹6,858/sq ft (today ₹6,392/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in Surat?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹6,392/sq ft on average (carpet area): ₹5,368/sq ft for homes up to 646 sq ft, ₹6,974/sq ft for 646–1,184 sq ft and ₹9,572/sq ft above 1,184 sq ft.
Other cities in Gujarat
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.