The real estate market in Chandaka is currently characterized by a price point of ₹5,100 per sq ft, reflecting a nuanced adjustment phase for residential properties. While the sector experiences quarterly fluctuations, the presence of projects like Sudarshan Vatika highlights the ongoing development interest in this region. Rental demand is supported by the surrounding infrastructure, with nearby areas like Patia establishing a rental benchmark of ₹50 per sq ft. Buyers are increasingly focused on balancing long-term appreciation with current entry costs.
As of September 2026, the average asking price in Chandaka is ₹5,100 per sq ft. This figure reflects a depreciation of 4.27% compared to the previous period, indicating a market adjustment in the locality.
Property prices in Chandaka have shown a fluctuating trajectory from December 2025 to September 2026. The location rate stood at ₹5,400 per sq ft in December 2025, moved to ₹5,250 per sq ft in March 2026, ₹5,300 per sq ft in June 2026, and reached ₹5,100 per sq ft by September 2026, reflecting the evolving demand dynamics in the area.
Property rates in Chandaka, currently at ₹5,100 per sq ft, are generally more accessible compared to several other prominent Bhubaneswar neighbourhoods. For instance, Raghunathpur and Shampur both command higher average rates of ₹9,350 per sq ft, while Chandrasekharpur and Nayapalli are priced at ₹9,100 per sq ft and ₹9,150 per sq ft, respectively. Conversely, areas like Kalinga Nagar offer a different price point at ₹6,750 per sq ft, which has appreciated by 2.09%.
The average rental rate in Patia is currently ₹50 per sq ft as of September 2026. This rate has remained stable with a 0% change, indicating consistent rental demand in this specific neighbourhood.
As of September 2026, the average asking price for apartments in Chandaka is ₹5,100 per sq ft. This price point represents a depreciation of 4.27% compared to the prior period, which is a key metric for buyers to consider when assessing the value proposition of apartment-style residential units in this locality.
Sudarshan Vatika is a notable project in Chandaka, currently featuring a listing rate of ₹2,400 per sq ft as of September 2026. The rate for this project has remained stable with a 0% change, providing a clear benchmark for buyers interested in this specific development.
