The demand for Surat property is currently no less than overall demand for quality housing in other major cities like Mumbai and Delhi. Surat has started competing with metros in India with regard to overall development, availability of quality infrastructure and housing demand. What is essentially happening is that Surat is transforming into a coveted housing destination on the back of sustained progress and development. Surat is now known as one of the best business and industrial zones across the country. This has happened due to a shift in perception brought about the favorable business climate in the city and most of Gujarat in entirety. The establishment of a stable Central Government coupled with the Prime Minister’s special emphasis on developing Gujarat has worked wonders for Surat. Surat is witnessing the completion and execution of several top class infrastructure projects in recent times. These projects have the potential to transform the entire housing and infrastructure scenario in the city within a few years. Several roads are being built along with flyovers and other connectivity avenues. Road transport facilities in Surat will not be a problem as most residents testify and this makes it a good place to do business. Pro-business policies of the state government are another factor drawing more and more corporates and other companies towards Surat. Click here to learn why Surat is hot for real estate investment.
The demand for Surat property has gone up owing to widespread influx of several businesses to the city in the wake of a friendlier and more convenient environment for trade. This includes diamantaires from other parts of Gujarat and its outskirts, Mumbai and other cities in addition to retailers, manufacturers and other traders. Additionally, several corporate and multinational companies have set up shop in Surat and this has led to an influx of more and more professionals into the city along with businessmen and proprietors. This has naturally led to the demand for quality Surat property.
It is definitely a good time to invest in Surat property as prices are still comparatively lower than properties in Mumbai or Delhi among other metro cities. Also, there are several new options being explored by developers in the city including villas, premium apartment complexes, bungalows and integrated mixed use developments. Gone are the days when the Surat property market witnessed only traditional structures or conventional apartment blocks. Also, the development of social infrastructure and amenities in Surat make property buying a favorable proposition here as well.