Bailey Road serves as a central pillar of the Patna real estate market, consistently attracting steady demand for residential apartments. Recent data indicates a upward movement in pricing, with average rates reaching ₹7,350 per sq ft. This growth aligns with broader city trends, positioning the area as a preferred destination for both end-users and long-term investors. The rental market further complements this, with nearby hubs like Exhibition Road and Fraser Road reporting competitive lease rates that support the area's overall economic appeal.
The average asking price in Bailey Road is ₹7,350 per sq ft as of Sep 2026. This figure represents an appreciation of 11.44% compared to the previous period, signaling a robust demand for residential apartments in this prominent locality.
Property prices in Bailey Road have shown an upward trajectory, with the location rate rising from ₹6,600 per sq ft in Mar 2026 to ₹7,350 per sq ft in Jun 2026. This consistent growth indicates strengthening market confidence and sustained interest from homebuyers looking for residential options in the area.
Property rates in Bailey Road, currently at ₹7,350 per sq ft, sit in the mid-to-high range when compared to surrounding neighbourhoods. For instance, Patliputra Colony commands a higher average rate of ₹9,900 per sq ft, which has appreciated by 13.34% recently. Conversely, areas like Phulwari Sharif and Digha offer more accessible entry points at ₹5,400 per sq ft and ₹6,800 per sq ft respectively, though both have seen price depreciation recently.
Apartments in Bailey Road are currently priced at an average of ₹7,350 per sq ft as of Sep 2026. This represents an appreciation of 11.44% over the observed period, reflecting the premium nature of apartment-style living in this specific locality.
Investors looking at the broader Patna market can observe rental rates in nearby commercial and residential hubs like Fraser Road Area, which maintains a stable rental rate of ₹50 per sq ft as of Sep 2026. Meanwhile, Exhibition Road has seen a rental correction, with rates at ₹50 per sq ft reflecting a depreciation of 12.28% compared to the previous period. These variations suggest that while some established areas maintain price stability, others are undergoing market adjustments that investors should monitor closely.