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All citiesGujarat · Tier 1 · 8 micro-markets · reckoner: Garvi — Jantri Rates

Surat rates, per sq ft carpet.

city avg 12-month change ▲ 8.5%· market runs +36.9% over reckoner
pop. 8.2 mn (2026e, 4.6 mn in 2011) · rented 28% / owned 72%
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Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Vesu
Central business district
₹7,210₹4,750+51.8% (+8% vs city line)₹14.42.4%
2 BHK ₹13,700/mo
Piplod – Citylight
Prime residential
₹7,070₹4,940+43.1% (+1.3% vs city line)₹15.92.7%
2 BHK ₹15,100/mo
Dumas Rd
Established mid-market
₹6,760₹5,100+32.5% (-6.6% vs city line)₹17.53.11%
2 BHK ₹16,600/mo
Adajan
Prime residential
₹6,180₹4,370+41.4% (+1.8% vs city line)₹13.92.7%
2 BHK ₹13,200/mo
Bharthana – Althan
Established mid-market
₹5,630₹4,200+34% (-2.9% vs city line)₹14.53.09%
2 BHK ₹13,800/mo
Pal – Palanpur
Established mid-market
₹5,220₹3,900+33.8% (-1.8% vs city line)₹13.53.1%
2 BHK ₹12,800/mo
Varachha – Katargam
Established mid-market
₹4,850₹3,600+34.7% (+0.2% vs city line)₹12.53.09%
2 BHK ₹11,900/mo
Sachin – Kadodara
Peripheral / emerging
₹3,210₹2,590+23.9% (-0.5% vs city line)₹9.93.7%
2 BHK ₹9,400/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹43.21 cr

₹9,920/sq ft × 43,560 sq ft

Stamp duty + registration

₹2.55 cr

4.9% + 1% on ₹43.21 cr

Total outlay

₹45.76 cr

₹5,253 per buildable sq ft @ FSI 2

Reckoner value of plot₹6,990/sq ft₹30.45 cr
Market premium over reckoner₹12.76 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹2,097 (≈30% of land reckoner)₹18.27 cr

Gujarat: 4.9% + 1% registration (nil registration for women). TDR under GDCR. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Surat's residential market continues to trade well above Garvi jantri benchmarks across all tracked micro-markets, with premiums ranging from 24% to 52%, underscoring a persistent gap between government-notified rates and actual transaction values in India's diamond and textile capital. Vesu commands the steepest premium at 51.8% (₹7,210 vs ₹4,750/sq ft carpet), followed by Piplod-Citylight at 43.1% and Adajan at 41.4%—these western-corridor micro-markets benefit from established social infrastructure, connectivity to business districts, and sustained end-user demand, making them costlier for land acquisition but more reliable for asset monetisation given deeper liquidity. Sachin-Kadodara, at the industrial periphery, shows the thinnest premium (23.9%), signalling closer alignment with reckoner rates and potentially better economics for greenfield PPP and logistics-linked projects where land cost sensitivity is high. With city-wide residential values seeded to rise ~7.5% YoY, stamp-duty and acquisition-cost planning should build in this appreciation trajectory, particularly for projects anchored in premium western corridors. As Surat's industrial diversification continues, expect jantri revisions to gradually narrow these gaps, tightening arbitrage for early-mover investors.

Generated 2026-09-26 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +22.5% · rent +22.8%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-095k5k5k6k6k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹912.7 + 1.5974 × reckoner · R² 0.955 · n = 8 micro-markets

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Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: Garvi — Jantri Rates. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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