How much is Surat Real Estate Market Worth?

Did you always wonder how much is the total value of the real estate transactions happening in Surat Real Estate Industry?

Here are some numbers which can help us derive the approximated value.

Month Dastavej Stamp Amount 4.9% Total Value of Sales Real Value (60%)
In Crores Avg / Sale (Rs.)
Apr-11 3,819 12,97,50,992 2,67,52,78,186 6,68,81,95,464 669 17,51,295
May-11 8,475 45,69,58,573 9,42,18,26,247 23,55,45,65,619 2,355 27,79,300
Jun-11 11,655 69,19,04,919 14,26,60,80,804 35,66,52,02,010 3,567 30,60,077
Jul-11 11,264 64,04,56,226 13,20,52,83,010 33,01,32,07,526 3,301 29,30,860
Aug-11 9,068 53,81,32,421 11,09,55,13,835 27,73,87,84,588 2,774 30,58,975
Sep-11 10,875 65,03,17,751 13,40,86,13,423 33,52,15,33,557 3,352 30,82,440
Oct-11 10,886 66,44,29,287 13,69,95,72,928 34,24,89,32,320 3,425 31,46,145
Nov-11 7,278 42,15,00,709 8,69,07,36,268 21,72,68,40,670 2,173 29,85,276
Dec-11 10,107 55,47,12,885 11,43,73,79,072 28,59,34,47,680 2,859 28,29,074
Total 83,427 4,74,81,63,763 94,96,32,75,260 2,37,40,81,88,150 24,475 28,45,700

Note: Stamp Amount is 4.9% of the Sale Value. From That we derived the Sales amount. Generally in Surat it has been observed that the dastavej value is 60% lesser then actual sale price. Thus we added that numbers.

Ok, so if you take the average it comes to around 2,700 Cr / month transactions.

Now there might be around around 5% of transaction which are not registered due to various issue in Dastavej. Thus we can consider such transactions worth 135 Crore.

There are some huge number of investors in Surat who might book the properties but before they do Dastavej, its sold to new buyer. Assume such transactions are 7%.  Thus we add 190 Cr more in this tally.

Thus roughly speaking 36,000 Cr ($72,000 Million) worth of real estate transactions were done in the year 2011 in Surat.

The above numbers are as per our understandings and some assumptions. Please share your thoughts in this below.




  1. Kunal says:

    does it include Surat village land registration ?

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