Patna
The real estate market along Bailey Road in Patna has established itself as a key residential corridor, currently commanding an average rate of ₹7,350 per sq ft. Recent quarterly performance highlights a steady upward trajectory in property values, reflecting robust demand for quality housing in the city. Rental activity in nearby hubs like Exhibition Road and Fraser Road adds a layer of market depth, with average rental rates holding at ₹50 per sq ft. This combination of capital growth and consistent rental demand underscores the area's appeal for diverse real estate investments.
The average asking price in Bailey Road is ₹7,350 per sq ft as of June 2026. This figure represents a significant appreciation of 11.44% compared to the previous period, reflecting strong demand and positive market sentiment for residential apartments in this locality.
Property rates in Bailey Road have shown an upward trajectory, reaching ₹7,350 per sq ft in June 2026 from ₹6,600 per sq ft in March 2026. This consistent growth indicates a resilient market, with the locality maintaining a higher price point than the surrounding micromarket, which stood at ₹6,450 per sq ft in June 2026.
Property rates in Bailey Road, currently at ₹7,350 per sq ft, sit in the mid-to-high range when compared to other Patna neighbourhoods. For instance, Patliputra Colony commands a premium at ₹9,900 per sq ft, which has appreciated by 13.34%. Conversely, more affordable options are available in areas like Phulwari Sharif at ₹5,400 per sq ft (depreciated by 2.73%) and Rupaspur at ₹5,650 per sq ft, where rates have remained stable.
Apartments in Bailey Road are currently priced at an average of ₹7,350 per sq ft as of June 2026. This segment has seen a notable appreciation of 11.44%, highlighting that apartments remain the primary and most sought-after residential property type in this specific locality.
Rental rates in the vicinity of Bailey Road show varied performance as of June 2026. In the Fraser Road Area, the average rental rate is ₹50 per sq ft, with rates remaining stable at 0% change. Meanwhile, Exhibition Road also commands an average rental rate of ₹50 per sq ft, though this represents a depreciation of 12.28% compared to the previous period, suggesting a potential softening in rental demand in that specific pocket.
Investors looking at the Bailey Road region should note that while specific rental data for the locality itself is currently limited, nearby hubs like Fraser Road Area and Exhibition Road offer rental rates of ₹50 per sq ft. Since rental yields are a critical metric for gauging investment returns, investors should monitor these neighbouring benchmarks to estimate potential income, keeping in mind that Exhibition Road has seen a 12.28% depreciation in rental rates, while Fraser Road Area has maintained price stability.
