Real Estate Growth in Surat

Surat, known as the diamond and textile hub of India, has seen massive real estate development in the last decade, driven by population growth and increasing economic activity. Some key areas seeing major projects in the city are: Adajan & Athwalines

Adajan and Athwalines to its west have emerged as posh residential areas, with good connectivity to top schools, hospitals and malls. Ongoing projects here include Surat Diamond Bourse by Larsen & Toubro, Project by Sanjay Builders and Developers, Blue Diamond Business Center and more. The areas also host premium apartments, villas and penthouses.

Vesu & Piplod

Located in the center of Surat, Vesu and Piplod offer the buzz of urban living coupled with tranquility. Housing projects here span affordable apartments, 2/3 BHK flats by leading builders like Saanvi Groups, Maa Padmavati Developers as well significant high-end projects by companies like Unnati Fortune Group and Mahavir Developers.

Dumas Road

This developing stretch between Adajan and Athwalines caters to the demand for modern housing with proximity to both central and south Surat. New residential projects here include Ocean Heights, Choice Icon by Choice Group and bungalow projects by Raam Build Estate among others. Support civic infrastructure is also planned.

Bhatar Road & Katargam

Bhatar and Katargam areas provide seamless connectivity to Surat city center as well as upcoming industrial clusters, attracting residential development. Affordable housing projects here are targeted at factory workers and professionals employed in industries. Some major upcoming projects include Paradise City and affordable housing by Surat Municipal Corporation.

Magob & Dindoli

Areas like Magob and Dindoli offer open spaces suitable for villa projects and gated communities by builders like Ashiyana Group, Lajya Sagi Developers etc. They provide proximity to both downtown Surat and Hazira industrial region near the coastal belt. Proposed multi-use realty spaces here span luxury homes, plots as well entertainment and hospitality spaces.

Thus Surat real estate market has multiple projects across locations, catering from middle income households to HNI buyers. Civic infrastructure enhancements like road and metro rail expansion provide an added dimension to livability.

Textile Markets

Surat is renowned as India's textile hub. To consolidate this further, dedicated textile markets are coming up. Dream City by Nandani Group will transform 50 acres into a textile zone with trading centers, warehouses, offices and more. The Surat Textile Plaza is another trading hub under development.

Diamond Hubs

As the world's largest polished diamond center, Surat is seeing new integrated diamond hubs. The Surat Diamond Bourse spanning over 2.5 million sq ft will house offices, trading halls and allied services. Hari Krishna Exports is developing a 36-acre diamond district with 4 towers for cutting, polishing, trading and services like banking, logistics etc.

IT Infrastructure

Surat is now onboard India's IT revolution with spaces getting developed. Crossway IT Park offers premium office spaces with amenities while Skystar 120 by Skystar Buildcon provides coworking spaces and virtual offices. Savvy Swarajya and Gromore Tech Park Phase 2 are other such upcoming IT infrastructure projects. More are in pipeline.

Integrated Townships

Massive integrated townships are now getting developed across Surat like the 2,000 acre Surat Diamond Research and Mercantile (SDRM) City. It will have housing, commercial spaces, retail and recreation - spanning sectors like textile, diamonds, IT/ITeS and more. Tier-2 residential areas will also harbor such mixed-use projects at smaller levels.

Surat is thus expanding both vertically and horizontally as a business and industrial center. The real estate boom across spectrums signifies the rising prominence it holds in Gujarat's growth story.

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