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 fluctuations over the past year, currently recovering from a low of ₹6,600 per sq ft in September 2025 to its present level. Apartment living remains a primary driver for the city, with prices averaging ₹7,050 per sq ft. Investors and homebuyers are increasingly focusing on ready-to-move projects, which command a premium average price of ₹7,450 per sq ft across the city.

Insights

Insights for Bhubaneswar Real Estate Market Overview

Bhubaneswar's residential real estate landscape is marked by a steady demand for high-quality apartments and an active ready-to-move segment. Recent price trends indicate a resilient market that has successfully rebounded from previous quarterly lows, reflecting sustained buyer interest in established localities. The availability of diverse project types allows for a balanced market where premium luxury developments and mid-segment homes coexist. Developers are increasingly focused on delivering high-value projects, particularly in north and east Bhubaneswar, to meet the evolving lifestyle needs of urban residents.

Apartment prices have seen a positive growth of 3.84%, currently averaging ₹7,050 per sq ft.
Ready-to-move inventory is highly sought after, with prices rising by 76.06% to reach an average of ₹7,450 per sq ft.
Mani Tribhuvan in Raghunathpur stands out as a premium residential project, priced at ₹10,650 per sq ft.
Khushi Harmony in Palasuni has experienced significant appreciation, with prices growing by 10.87% to reach ₹9,100 per sq ft.
Sai Krishna Panchawati Residency in Patia has seen a strong price surge of 16.47%, now priced at ₹6,400 per sq ft.

Market Strengths

High demand for ready-to-move properties is driving significant price appreciation.
Apartment units maintain a steady and healthy average price of ₹7,050 per sq ft.
Diverse project locations in North, East, and West Bhubaneswar provide ample choice for buyers.
Significant double-digit growth in specific projects like Khushi Harmony and Sai Krishna Panchawati Residency signals strong market confidence.
The city's residential market is showing a robust recovery trend from its 2025 quarterly lows.

Market Challenges

Villa segment prices have experienced a decline of -4.92%, indicating softer demand compared to apartments.
Tata Ariana in Kalinga Vihar shows a price adjustment of -2.66%, reflecting localized market correction.
Shree Mahodadhi Nilaya in Tamando has seen a minor price dip of -0.82%.

Investment Opportunities

Ready-to-move projects offer significant capital appreciation potential with a 76.06% growth rate.
Apartment segments provide a stable investment avenue with an average price of ₹7,050 per sq ft.
Projects in Raghunathpur, such as Mani Tribhuvan, serve as benchmarks for luxury real estate investment.
The 16.47% price growth in Patia's Sai Krishna Panchawati Residency highlights strong upside in northern residential hubs.
Khushi Harmony in Palasuni represents a high-growth opportunity with a 10.87% increase in valuation.

Top Micromarkets in Bhubaneswar

Bhubaneswar South

Avg Price ₹ 6,750 /Sq.Ft.

YOY -8.79 %

LISTINGS 381

Bhubaneswar West

Avg Price ₹ 7,750 /Sq.Ft.

YOY -6.48 %

LISTINGS 205

Bhubaneswar North

Avg Price ₹ 6,150 /Sq.Ft.

YOY -3.84 %

LISTINGS 24

Bhubaneswar East

Avg Price ₹ 6,750 /Sq.Ft.

YOY -0.87 %

LISTINGS 19

Price Trend

Bhubaneswar Property Price Trends and Appreciation

Property rates in Bhubaneswar have traced a dynamic path over the last several quarters. After touching a low of ₹6,600 per sq ft in September 2025, the market climbed to ₹7,150 per sq ft by December 2025. Following a temporary dip to ₹6,800 per sq ft in March 2026, rates have stabilized and grown 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

Bhubaneswar's real estate market caters to diverse buyer preferences across property categories. Apartments lead the segment at ₹7,050 per sq ft, experiencing a growth of 3.84%. Meanwhile, villas are currently priced at ₹4,400 per sq ft, reflecting a change of -4.92% as the market shifts toward high-rise living.

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

The Bhubaneswar market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory averages ₹7,450 per sq ft with a notable growth of 76.06%, appealing to those seeking immediate possession. Advanced stage projects offer an entry point at ₹4,300 per sq ft, showcasing a growth of 17.99% and providing options for value-conscious buyers.

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

Sri Jagannath Promoters And Builders ₹ 17.68 L - ₹ 42.38 L

2 Projects

Milan ₹ 44.24 L - ₹ 52.5 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

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 are commanding significant asking prices, reflecting their luxury positioning and prime locations. Mani Tribhuvan in Raghunathpur leads the market at ₹10,650 per sq ft with a 2.9% increase, while Ashiana Royal Lagoon nearby is priced at ₹10,250 per sq ft. Khushi Harmony in Palasuni follows with a strong 10.87% growth to reach ₹9,100 per sq ft. Additionally, Sai Krishna Panchawati Residency in Patia has seen a substantial 16.47% price rise, now reaching ₹6,400 per sq ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Top Localities in Bhubaneswar By Property Prices

Forest Park

Avg. Asking Price ₹ 12,316 /Sq.Ft

Nayapalli

Avg. Asking Price ₹ 9,927 /Sq.Ft

Kalinga Vihar

Avg. Asking Price ₹ 8,600 /Sq.Ft

Raghunathpur

Avg. Asking Price ₹ 8,100 /Sq.Ft

Sundarpur

Avg. Asking Price ₹ 8,000 /Sq.Ft

Kalinga Nagar

Avg. Asking Price ₹ 7,900 /Sq.Ft

Jagamara

Avg. Asking Price ₹ 7,508 /Sq.Ft

Kanan Vihar

Avg. Asking Price ₹ 7,450 /Sq.Ft

BJB Nagar

Avg. Asking Price ₹ 7,143 /Sq.Ft

Pokhariput

Avg. Asking Price ₹ 7,000 /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 is ₹6,800 per sq ft. This figure reflects a market depreciation of 5.47% compared to the previous period, indicating a softening in overall seller expectations across the city.

How have property rates in Bhubaneswar trended over the last few quarters?

Property rates in Bhubaneswar have shown a fluctuating trajectory, moving from ₹6,600 per sq ft in September 2025 to ₹7,150 per sq ft in December 2025, followed by ₹6,800 per sq ft in March 2026 and reaching ₹7,050 per sq ft as of June 2026. This mixed trend suggests a dynamic market where prices adjust in response to shifting demand and inventory availability.

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

As of June 2026, apartments in Bhubaneswar command an average asking price of ₹7,050 per sq ft, having appreciated by 3.84% compared to the previous period. In contrast, villas are priced at an average of ₹4,400 per sq ft, which reflects a depreciation of 4.92% over the same timeframe, highlighting a stronger preference for apartment-style living in the current market.

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 are priced at an average of ₹7,450 per sq ft, showing a significant appreciation of 76.06% compared to the previous period. Meanwhile, projects in the Advanced Stage of construction are currently priced at ₹4,300 per sq ft, having appreciated by 17.99% over the same period, indicating a premium on immediate possession properties.

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

The most premium residential projects in Bhubaneswar as of June 2026 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 notable appreciation of 10.87% compared to the previous period.

How should buyers interpret the price trends in Bhubaneswar's micromarkets?

Buyers should note that price performance varies significantly by location; for instance, while projects like Sai Krishna Panchawati Residency in Patia have seen a strong appreciation of 16.47% to reach ₹6,400 per sq ft as of June 2026, other projects like Tata Ariana in Kalinga Vihar have experienced a depreciation of 2.66%, bringing their rate to ₹8,800 per sq ft. This divergence suggests that investors should evaluate the specific growth drivers of each neighbourhood rather than relying on city-wide averages alone.

Top Appreciating Localities in Bhubaneswar