Surat is well-connected and well-equipped city, packed on the south bank of a sharp bend in the Tapi River, about 20 km before it drains into the Gulf of Cambay, Gujarat’s second largest city has always attracted traders from across the seas. It existed perhaps as early as 990 AD in the form of Suryapur, city of the Sun God. Surat is also known by other names like "THE SILK CITY", "THE DIAMOND CITY", THE GREEN CITY" AND "THE CITY OF FLY OVER". Surat was one of the greatest Indian Ports and trading town during the Mughal regime. In past this was a glorious port with ships of more than 84 countries anchored in its harbor at any time. Britishers first landed in this city of India. The Dutch and the Portuguese also established their business centers in Surat. It is known for its real estate development since few years.Surat has become one of the most advanced city and so people from 28 states across India migrate in surat.
Surat currently offers good opportunities for investors with moderate risk factor, which is possibly one of the main reasons behind limited investments. However, nothing remains constant, and it applies well here too. The circumstances are expected to improve in the near future, and the risk factor is expected to slump significantly.
The most desired segment for properties is the housing sector. The top real estate players- the developers- from all over India are investing on constructing luxurious and affordable houses to encourage consumers from all groups i.e. to local buyers, investors from all parts of India and even for the NRIs. The real estate business of Surat is at its peak with many leading builders taking concern in developing properties in the area within the borders of the silk city.
The transformation of the city is slow and steady but the past years have seen signs of revival and have given a boost to property prices in Surat to new highs. As an investment destination, Surat offers nice opportunities for real estate market
It is projected that by 2020 Surat will be the largest city in Gujarat state going by the rate at which it is growing. Improved infrastructure has been the main reason for Surat's growth. The huge number of elevated roads and flyovers make travel easier and has helped the diamond and textile businesses.
Surat is a growing city with numerous job opportunities; low unemployment rates and conducive conditions to do business. It is becoming a hot destination for both employment and business. Surat is an attractive option as a career destination.