Surat is one of the fastest growing cities across the globe. This is one of the biggest feathers in the cap of this business oriented, well developed and increasingly cosmopolitan city. Demand for a 2 BHK flat in Surat or other kinds of properties is steadily rising owing to the development and progress that is witnessed here. The city has already made a name for itself courtesy of its prominence in the diamond trade including cutting and polishing. The city is placed fourth on the global list of rapidly developing cities as per some path breaking studies conducted by global firms and organizations dealing in urban affairs. Ghaziabad has also found a place in the list and occupies the second position after Southern China’s Bejhai. Rajkot, Vadodara and Ahmedabad are also present in the top 100 list. Surat has an annual growth rate touching 5 percent which is more than all other Gujarati cities.
Kabul, Sana’a, New Delhi, Agra, Faridabad, Pune and Nashik also feature in the list though the surprise exceptions include Kolkata, Mumbai and Chennai. Residents and experts testify to top notch management and urban planning in Surat. There is steady demand for a quality 2 BHK flat in Surat along with other kinds of properties. This is because of the improving quality of life in the city along with several infrastructural and social developments. Surat is well governed and offers reasonable lifestyle to most of its population of 44.82 lakh. Business segments like embroidery, textiles and diamonds have boomed like never before in Surat and this has ushered in higher development and civic progress. Surat has also received several big ticket investments from business magnates, NRIs and governmental bodies for development.
Surat does not have big law and order related problems as well and this has also pushed up demand for a 2 BHK flat in Surat along with other property types. Raw material, infrastructure and government support is readily available in Surat as well. Surat is now at par with most globally progressive and well developed cities in terms of infrastructure and amenities. The city has seen proper tapping and utilization of local resources and this has given rise to a demand for property on account of steady migration from other parts of the country, NRI investment and commercial investments. Property markets are booming in Surat and one can expect more exciting infrastructural developments to be on the anvil.
