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 reckoner values across all tracked micro-markets, with premiums ranging from 24% to 52%, pointing to a persistent gap between official valuation benchmarks and transacted prices even as the broader market advances at a seeded ~7.5% YoY pace. Vesu commands the steepest premium at 51.8% (₹7,210 vs ₹4,750/sq ft), followed by Piplod–Citylight (43.1%) and Adajan (41.4%), reflecting sustained end-user and investor demand in Surat's established western residential corridor. For land acquisition and asset monetisation, this wide reckoner-market spread in premium pockets means stamp duty and compensation calculations anchored to Jantri rates will understate true land value, complicating parcel assembly and fair-value negotiations for PPP projects. Peripheral zones like Sachin–Kadodara, with a comparatively modest 23.9% premium, offer more reckoner-aligned economics and may present lower-friction opportunities for infrastructure-linked land deals. As Surat's diamond and textile-driven economy sustains housing demand, expect reckoner revisions to gradually narrow these gaps, reshaping acquisition cost assumptions for upcoming PPP corridors.

Generated 2026-10-26 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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