Property in Surat
Surat is one of the fastest growing cities of India and also of the world. Surat city of Gujarat is at the heart of India's thriving diamond-polishing industry, which in the year 2005 cut 92% of the world's diamond pieces and earned $80,00,000 in exports. Also, it is a major production center for the synthetic textiles in India. The transformation of the city of Surat is slow and steady, but the past years have seen signs of revival and have given a boost to the property prices in Surat to new heights. A large number of businesspersons and companies are looking at Surat as a place of well rounded growth. As an investment destination, Surat offers nice and extensive opportunities with a fair share of risk which is perhaps one of the reasons for limited investments in the city. But, the scenario is likely to improve in very near future.
Surat has witnessed a large number of NRIs making large investments in the residential townships, commercial complexes, and small to large industrial units. These investments are commonly routed through Mauritius to avail tax benefits.
Surat is at present the second cleanest city of India. It is ranked the No.1 city in India to earn, invest and live. Surat commands the highest number of flyovers in Gujarat. It has a very good shopping area. Surat is also popularly called the "Mall City" now-a-days. Surat has numbers of mall and super markets lsuch as Escone Mall, Big Bazaar, Vishal Mega Mart, Sahaj Super Stoer, Diraj Sons, City Mall, House Full, etc. Surat has three multiplexes Fame - Raj Empire, Cityplus Multiplex- Adlabs, Valentine and numbers of Cimace all around the city of Surat. Surat is also widely prominent for tasty and delicious foods, especially surti khamam, locho, surti undhayu etc.