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Property Rates in Boriyakhurd, Raipur

Comprehensive Market Snapshot

Boriyakhurd's property market in Raipur shows varied dynamics across its sub-localities. While overall average asking and registration rates are not available, specific areas and property types offer distinct insights into the market. The rental market, though limited in data, indicates activity and recent adjustments in key areas like Shankar Nagar.

  • Shankar Nagar commands an average property rate of ₹4,111 per sq ft, showing a 1.71% increase.
  • Villas in Boriyakhurd are priced at an average of ₹3,873 per sq ft.
  • Shankar Nagar also reports an average rental rate of ₹26 per sq ft, despite a -10.34% change.
  • Khamardih offers properties at an average of ₹4,280 per sq ft, making it one of the higher-priced areas.
  • Mowa presents a more accessible option with an average property rate of ₹3,021 per sq ft.

  • Insights
  • Price Trends
  • Other Property Rates

Insights for Boriyakhurd, Raipur Real Estate Market

Boriyakhurd's real estate landscape offers a mix of property values across its sub-localities. While overall market trends for asking and registration prices are not explicitly available, a closer look at specific areas reveals distinct pricing patterns. The rental market provides some insights, particularly within Shankar Nagar, indicating certain adjustments in rental rates. This localized performance suggests a dynamic environment for both buyers and renters.

  • Shankar Nagar stands out with an average property rate of ₹4,111 per sq ft, experiencing a 1.71% increase.
  • The villa segment in Boriyakhurd is currently valued at an average of ₹3,873 per sq ft.
  • Khamardih and Khamardih Road are among the higher-priced areas, averaging ₹4,280 per sq ft and ₹4,248 per sq ft respectively.
  • For renters, Shankar Nagar shows an average rental rate of ₹26 per sq ft, with a -10.34% change.
  • Mahaveer Nagar and Mowa offer more competitive property rates, averaging ₹3,048 per sq ft and ₹3,021 per sq ft.

Market Strengths Market Strengths
  • Shankar Nagar property rates saw a positive increase of 1.71%, indicating growth in this sub-locality.
  • Khamardih and Khamardih Road command high average property rates, reflecting their premium positioning within Boriyakhurd.
  • The availability of villas at an average of ₹3,873 per sq ft caters to specific housing demands.
  • Areas like Mahaveer Nagar and Mowa offer competitive entry points for buyers with average rates around ₹3,000 per sq ft.
  • The presence of an active rental market in Shankar Nagar, despite fluctuations, indicates ongoing demand for housing.
Market Challenges Market Challenges
  • Shankar Nagar's rental market experienced a -10.34% change, suggesting a downward adjustment in rental yields for that specific area.
  • The villa segment has seen a -0.56% change in average prices, which might indicate a slight cooling or correction in that specific property type.
Investment Opportunities Investment Opportunities
  • Shankar Nagar shows a 1.71% increase in average property rates, indicating potential for appreciation.
  • Villas, despite a slight dip, still hold an average price of ₹3,873 per sq ft, suggesting a stable segment for specific buyer preferences.
  • Areas like Khamardih and Khamardih Road command higher average rates, potentially attracting investors seeking premium properties.
  • The presence of rental activity in Shankar Nagar, even with a negative change, highlights an active rental market for specific areas.
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Property Price Trends in Boriyakhurd, Raipur

Price Trends by Property Type

In Boriyakhurd, the property market for specific types is currently represented by villas, which are priced at an average of ₹3,873 per sq ft. This segment has seen a slight adjustment, with a -0.56% change. This offers a clear picture for buyers interested in independent housing options within the area.

Type Rate (₹/sq.ft) Change %
Villa 3,873 -0.56
Price Trends by Localities

The property market in Boriyakhurd, Raipur, presents a varied price landscape across its sub-localities. Khamardih commands the highest average rate at ₹4,280 per sq ft, closely followed by Khamardih Road at ₹4,248 per sq ft. Shankar Nagar offers properties at an average of ₹4,111 per sq ft, notably experiencing a 1.71% increase. Bhatagaon is priced at ₹3,470 per sq ft, while Mahaveer Nagar and Mowa present more accessible options, averaging ₹3,048 per sq ft and ₹3,021 per sq ft respectively. This range provides diverse choices for potential buyers.

Location Rate (₹/sq.ft) Change %
Bhatagaon 3,470 -
Mahaveer Nagar 3,048 -
Shankar Nagar 4,111 1.7
Khamardih Road 4,248 -
Khamardih 4,280 -
Mowa 3,021 -
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