Patna
The property market in Bailey Road has shown a clear upward trajectory, with prices rising from ₹6,600 per sq ft earlier in the year to the current level of ₹7,350 per sq ft. This steady appreciation highlights the location's increasing prominence as a preferred residential hub in Patna. Meanwhile, the rental sector remains active, with nearby areas such as Exhibition Road seeing competitive rental rates of ₹50 per sq ft. Investors are increasingly looking at these trends to gauge long-term potential, as the area continues to attract consistent interest from both homebuyers and tenants.
As of Sep 2026, the average asking price in Bailey Road stands at ₹7,350 per sq ft. This rate has remained stable with a 0% change, indicating that property values in this area have held steady over the recent period.
Property prices in Bailey Road have shown a positive trajectory over the course of 2026, rising from ₹6,600 per sq ft in Mar 2026 to ₹7,350 per sq ft by Jun 2026, where they have remained stable as of Sep 2026. This upward movement earlier in the year suggests a strengthening of market demand in the locality.
Property rates in Bailey Road, currently at ₹7,350 per sq ft, sit in the mid-to-high range compared to other Patna localities. For instance, Patliputra Colony commands a premium at ₹10,750 per sq ft, which has appreciated by 8.65% compared to previous periods, while more affordable options like Phulwari Sharif and Rupaspur are priced at ₹5,600 per sq ft and ₹5,650 per sq ft, respectively.
Apartments in Bailey Road are currently priced at an average of ₹7,350 per sq ft as of Sep 2026. This rate has maintained stability with a 0% change, reflecting a consistent valuation for residential apartment stock in this specific market.
Investors looking at the rental market near Bailey Road can observe that areas like Fraser Road Area command a rental rate of ₹50 per sq ft, which has remained stable with 0% change. Meanwhile, Exhibition Road also sees rental rates at ₹50 per sq ft, though this has seen a depreciation of 4% over the observed period, suggesting a slight softening in rental demand in that specific pocket.
The stability in the average asking price of ₹7,350 per sq ft as of Sep 2026 suggests a balanced market where supply and demand have reached a temporary equilibrium. For buyers, this stability provides a predictable environment for making long-term investment decisions without the immediate pressure of rapid price volatility.
Yes, price movements vary significantly across nearby localities. For example, Patliputra Colony has seen an appreciation of 8.65%, while Gardanibagh has experienced a depreciation of 1.64% and Anisabad a depreciation of 0.64% as of Sep 2026. These variations highlight that while Bailey Road remains stable, surrounding micro-markets are experiencing distinct market corrections or growth phases.
