Property Rates in Bhubaneswar - Avg ₹6,800/sq ft

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Home
Property Rates in Bhubaneswar

Property rates in Bhubaneswar average ₹6,800 per sq ft. The market has shown a dynamic price trajectory, recently rising from ₹6,600 per sq ft in September 2025 to its current standing. Notable activity is concentrated in the apartment segment, which averages ₹7,050 per sq ft, reflecting a positive growth of 3.84%. Meanwhile, premium residential developments like Mani Tribhuvan continue to set high-value benchmarks, commanding prices upwards of ₹10,650 per sq ft for discerning buyers.

Insights

Insights for Bhubaneswar Real Estate Market Overview

Bhubaneswar's residential market is defined by a steady appreciation in capital values and a strong preference for ready-to-move projects. The city currently averages ₹6,800 per sq ft, with recent quarterly data highlighting a recovery trend from previous lows. Investors and homebuyers are increasingly gravitating toward established apartment complexes, which remain the dominant property type in terms of both valuation and demand. As the city grows, premium locations like Raghunathpur and Palasuni are emerging as high-value hubs, offering significant price appreciation.

Apartment prices have increased by 3.84% to reach an average of ₹7,050 per sq ft.
Ready To Move projects lead the supply segment with an average price of ₹7,450 per sq ft.
Mani Tribhuvan in Raghunathpur stands out as a premium project with a current rate of ₹10,650 per sq ft.
Khushi Harmony in Palasuni has demonstrated strong growth, with rates rising to ₹9,100 per sq ft.
Sai Krishna Panchawati Residency in Patia has seen a notable price surge of 16.47%.

Market Strengths

Ready-to-move projects exhibit a robust price growth of 76.06%, indicating high buyer confidence.
Sai Krishna Panchawati Residency in Patia highlights strong growth potential with a 16.47% price increase.
Khushi Harmony in Palasuni has shown impressive momentum with a 10.87% price rise.
The city-wide average price has recovered effectively from previous quarterly lows.
A diverse range of project stages allows buyers to choose between immediate occupancy and long-term value.
Apartments remain a stable and growing asset class within the city's residential landscape.

Market Challenges

Villa prices have seen a decline, currently averaging ₹4,400 per sq ft with a -4.92% change.
Tata Ariana has experienced a slight price adjustment of -2.66%, resulting in a current rate of ₹8,800 per sq ft.
Shree Mahodadhi Nilaya in Tamando shows a minor price dip of -0.82%.

Investment Opportunities

Ready-to-move apartments show strong value appreciation, currently averaging ₹7,450 per sq ft.
The apartment segment demonstrates consistent growth, rising by 3.84% to reach ₹7,050 per sq ft.
Advanced stage projects provide a lower entry price of ₹4,300 per sq ft with a 17.99% growth trend.
Premium developments like Mani Tribhuvan offer high-end investment potential at ₹10,650 per sq ft.

Top Micromarkets in Bhubaneswar

Bhubaneswar South

Avg Price ₹ 6,750 /Sq.Ft.

YOY -8.79 %

LISTINGS 364

Bhubaneswar West

Avg Price ₹ 7,750 /Sq.Ft.

YOY -6.48 %

LISTINGS 197

Bhubaneswar North

Avg Price ₹ 6,150 /Sq.Ft.

YOY -3.84 %

LISTINGS 25

Bhubaneswar East

Avg Price ₹ 6,750 /Sq.Ft.

YOY -0.87 %

LISTINGS 22

Price Trend

Bhubaneswar Property Price Trends and Appreciation

Bhubaneswar has experienced a fluctuating yet resilient price journey over the past year. After reaching a low of ₹6,600 per sq ft in September 2025, the market saw a strong rebound to ₹7,150 per sq ft by December. Following a brief adjustment to ₹6,800 per sq ft in March 2026, rates have climbed again to ₹7,050 per sq ft as of June 2026.

Asking Price Trends

₹ 6,800/Sq.Ft -5.47 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	7050
Mar 2026	6800
Dec 2025	7150
Sep 2025	6600

About Asking Price Trends

Bhubaneswar Property Price Comparison

By Property Type
By Property Status

Type	Rate (₹/Sq.Ft)	Change %
Villa	4,400	-4.9
Apartment	7,050	3.8

The Bhubaneswar market offers distinct value propositions across its property segments. Apartments currently lead the market at an average of ₹7,050 per sq ft, reflecting a positive change of 3.84%. In contrast, villas are priced at ₹4,400 per sq ft, showing a movement of -4.92%, which presents a different entry point for those seeking larger independent living spaces.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	9	7,450	76.1
Under Construction	-	-	-

Bhubaneswar provides varied options based on the readiness of the project. Ready To Move inventory, which includes 9 units, averages ₹7,450 per sq ft with a significant price change of 76.06%, highlighting strong demand for immediate occupancy. Additionally, properties in the advanced stage of construction offer a more accessible entry point at ₹4,300 per sq ft, marking an increase of 17.99%.

Project & Developer Insights

Top Residential Projects and Developers in Bhubaneswar

Tata ₹ 35.34 L - ₹ 1.22 Cr

1 Projects
35 Years

Motwani Constructions Pvt Ltd ₹ 24.12 L - ₹ 1.32 Cr

5 Projects

Trellis Infrastructure Pvt Ltd ₹ 12.6 L - ₹ 37.12 L

4 Projects

KN Multiprojects And Infrastructure Pvt Ltd ₹ 13.83 L - ₹ 39.07 L

3 Projects

M/S Subhasri Builders Pvt Ltd ₹ 31.98 L - ₹ 31.98 L

2 Projects

Royal

2 Projects

Sai Krishna Homes Pvt Ltd ₹ 16.57 L - ₹ 44.35 L

2 Projects

Panda Infratech Ltd ₹ 63.46 L - ₹ 94.35 L

2 Projects

Bivab Developers P Ltd ₹ 24.75 L - ₹ 61.82 L

2 Projects

Panda Infrastructure ₹ 15.29 L - ₹ 42.84 L

2 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Mani Tribhuvan, Raghunathpur	10,650	2.9
Ashiana Royal Lagoon, Raghunathpur	10,250	0.7
Khushi Harmony, Palasuni	9,100	10.9
Tata Ariana, Kalinga Vihar	8,800	-2.7
Motwani Mj Icon, Tamando	6,400	-
Sai Krishna Panchawati Residency, Patia	6,400	16.5
Shree Mahodadhi Nilaya, Tamando	6,050	-0.8
Shree Annpurna Aadinath, Tamando	5,700	-
Motwani Gm Terrace, Phulanakhara	5,350	-
Subhashri Tower, Sundarpada	5,250	0.3

Premium residential developments in Bhubaneswar command significant asking prices, reflecting their luxury status and prime locations. Mani Tribhuvan in Raghunathpur leads the market at ₹10,650 per sq ft, followed closely by Ashiana Royal Lagoon at ₹10,250 per sq ft. Khushi Harmony in Palasuni also represents a high-value option at ₹9,100 per sq ft, while Tata Ariana in Kalinga Vihar is priced at ₹8,800 per sq ft.

Explore Property Rates in Top Cities

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Top Localities in Bhubaneswar By Property Prices

Raghunathpur

Avg. Asking Price ₹ 9,800 /Sq.Ft

Chandrasekharpur

Avg. Asking Price ₹ 9,000 /Sq.Ft

Kalinga Vihar

Avg. Asking Price ₹ 8,600 /Sq.Ft

Sundarpur

Avg. Asking Price ₹ 8,000 /Sq.Ft

Kalinga Nagar

Avg. Asking Price ₹ 7,900 /Sq.Ft

Jagamara

Avg. Asking Price ₹ 7,500 /Sq.Ft

Kanan Vihar

Avg. Asking Price ₹ 7,450 /Sq.Ft

BJB Nagar

Avg. Asking Price ₹ 7,150 /Sq.Ft

Pokhariput

Avg. Asking Price ₹ 7,000 /Sq.Ft

Khandagiri

Avg. Asking Price ₹ 6,900 /Sq.Ft

FAQ

Frequently Asked Questions About Property Rates in Bhubaneswar

What is the current average asking price in Bhubaneswar?

As of June 2026, the average asking price in Bhubaneswar stands at ₹6,800 per sq ft. This figure reflects a depreciation of 5.47% compared to the previous reporting period, indicating a market adjustment in overall residential property values across the city.

How have property price trends in Bhubaneswar moved recently?

Property price trends in Bhubaneswar have shown a fluctuating trajectory over the past year. As of June 2026, the city rate is ₹7,050 per sq ft, rising from ₹6,800 per sq ft in March 2026. Prior to this, the market saw a dip to ₹6,600 per sq ft in September 2025 before rebounding to ₹7,150 per sq ft in December 2025, suggesting a dynamic market where pricing is sensitive to recent supply and demand shifts.

How do property rates in Bhubaneswar compare between apartments and villas?

There is a notable price difference between property types in Bhubaneswar as of June 2026. Apartments are currently priced at an average of ₹7,050 per sq ft, having appreciated by 3.84% over the observed period. In contrast, villas are priced at an average of ₹4,400 per sq ft, which reflects a depreciation of 4.92% compared to the previous period.

What is the price difference between Ready To Move and under-construction projects in Bhubaneswar?

As of June 2026, Ready To Move projects in Bhubaneswar command an average price of ₹7,450 per sq ft, showing a significant appreciation of 76.06% compared to the prior period. Projects in the Advanced Stage of construction are currently priced at ₹4,300 per sq ft, which represents an appreciation of 17.99%. Currently, there is no active pricing data available for Mid Stage or Under Construction projects in the city.

Which residential projects in Bhubaneswar currently command the highest listing rates?

As of June 2026, the most premium projects by listing rate include Mani Tribhuvan in Raghunathpur at ₹10,650 per sq ft (up 2.9%) and Ashiana Royal Lagoon in Raghunathpur at ₹10,250 per sq ft (up 0.67%). Other notable high-value projects include Khushi Harmony in Palasuni at ₹9,100 per sq ft, which has seen a significant appreciation of 10.87%, and Tata Ariana in Kalinga Vihar at ₹8,800 per sq ft, which experienced a depreciation of 2.66%.

How should buyers interpret the price appreciation seen in projects like Khushi Harmony and Sai Krishna Panchawati Residency?

The appreciation in specific projects indicates strong demand and premium positioning within their respective localities. As of June 2026, Khushi Harmony in Palasuni has appreciated by 10.87%, while Sai Krishna Panchawati Residency in Patia has seen a notable increase of 16.47%. Such growth often signals that these projects are becoming increasingly desirable, likely due to infrastructure developments or limited inventory in these specific micromarkets.

What does the depreciation in Tata Ariana and Shree Mahodadhi Nilaya suggest for potential investors?

The depreciation observed in certain projects as of June 2026 may reflect a localized market correction or a shift in buyer preference. Tata Ariana in Kalinga Vihar saw a depreciation of 2.66% to reach ₹8,800 per sq ft, while Shree Mahodadhi Nilaya in Tamando depreciated by 0.82% to reach ₹6,050 per sq ft. For investors, these figures suggest a need to evaluate whether these price adjustments represent a temporary softening or a long-term trend in those specific areas.

How can users utilize the project listing rates provided for Bhubaneswar?

Users can use the project listing rates to benchmark the value of properties against the city-wide average of ₹6,800 per sq ft as of June 2026. By comparing projects like Mani Tribhuvan at ₹10,650 per sq ft against more affordable options like Subhashri Tower at ₹5,250 per sq ft, buyers can better understand the premium they are paying for specific locations, amenities, or developer reputations. Always check the appreciation or depreciation percentage provided for each project to understand if the current rate is trending upward or downward.

Top Appreciating Localities in Bhubaneswar