Property Rates in Bailey Road, Patna

Bailey Road in Patna is emerging as a dynamic real estate destination, with an average asking price of ₹7,289 per sq ft. Analyzing the quarterly trends, the locality witnessed a significant uptick in property values, climbing from ₹6,592 per sq ft in June 2025 to ₹7,289 per sq ft by September 2025, suggesting a period of strong appreciation. Compared to neighboring areas, Bailey Road offers a competitive pricing point; it is more affordable than prime localities like Boring Road (₹8,713 per sq ft) and Exhibition Road (₹9,004 per sq ft), yet commands a premium over areas such as Anandpuri (₹6,248 per sq ft) and Ashiana Nagar (₹5,167 per sq ft). The market is predominantly driven by the apartment segment, which averages ₹7,289 per sq ft and has experienced a healthy 10.57% price change. Buyers have options across various development stages, with Ready To Move units available at an average of ₹4,125 per sq ft and Under Construction properties at ₹4,085 per sq ft, indicating a balanced supply pipeline. Top projects like Kirti Raman Residency (₹4,443 per sq ft) and MV Silver Oak (₹4,276 per sq ft) are notable contributors to the residential offerings, concentrated in Patna West. However, the absence of recent official registration data and average rental rates presents a challenge for a comprehensive transaction-based market analysis. Despite this, the consistent asking prices and active project development highlight the area's potential for growth.