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%
7.2k
7.1k
6.8k
6.2k
5.6k
5.2k
4.8k
3.2k

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 values continue to run well ahead of Garvi Jantri benchmarks across all tracked micro-markets, with citywide premiums ranging from 24% to 52% over reckoner rates and an underlying YoY appreciation trend near 7.5%. Vesu leads the premium stack at 51.8% (₹7,210 vs ₹4,750 reckoner), followed by Piplod–Citylight (43.1%) and Adajan (41.4%), reflecting sustained demand in the city's established west-zone residential corridors. Even peripheral industrial-linked pockets like Sachin–Kadodara hold a 23.9% premium, underscoring broad-based valuation pressure rather than a few isolated hotspots. For PPP and infrastructure investors, this reckoner-market gap matters directly: land acquisition costs under government compensation formulas will understate true market value in high-premium zones like Vesu and Piplod, complicating cost-benefit assumptions, while asset monetisation exits in these corridors can command materially better realisations than jantri-linked appraisals suggest. The recent GMC property tax rationalisation for small traders signals a locally responsive fiscal environment, and with premiums holding firm across both core and peripheral zones, reckoner rate revisions appear increasingly overdue, which could reprice acquisition economics for upcoming infrastructure and transit-linked projects.

Generated 2026-09-06 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

2k3k4k5k5k3k5k6k8k9k

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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