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Property Rates in Chandaka, Bhubaneswar

Comprehensive Market Snapshot

Chandaka, Bhubaneswar, presents an average property asking price of ₹5,234 per sq ft, with no registration rates impacting upfront costs. While rental data is not extensively available, the market shows a fluctuating price trend, with asking prices expected to move from ₹4,716 per sq ft in June 2025 to ₹5,234 per sq ft by March 2026. Apartments are the primary property type, currently priced at ₹5,234 per sq ft with a recent dip of -3.38%. The market features projects like Sudarshan Vatika, indicating ongoing development and investment interest.

  • Apartments in Chandaka are currently priced at ₹5,234 per sq ft, showing a recent decrease of -3.38%.
  • The average asking price is projected to increase from ₹4,716 per sq ft in June 2025 to ₹5,234 per sq ft by March 2026.
  • Sudarshan Vatika is highlighted as a key project in the Chandaka locality.
  • The market has a current asking price of ₹5,234 per sq ft with zero registration rates.

  • Asking Sale Price₹ 5,234 /sq.ft

Insights for Chandaka, Bhubaneswar Real Estate Market

Chandaka in Bhubaneswar exhibits a dynamic real estate market with an average asking price of ₹5,234 per sq ft and no associated registration rates. Price trends indicate a projected increase from ₹4,716 per sq ft in June 2025 to ₹5,234 per sq ft by March 2026, although a recent quarterly dip is observed. Apartments are the dominant property type, currently averaging ₹5,234 per sq ft and experiencing a minor decline of -3.38%. The rental market shows limited data, with Patia recording an average rental rate of ₹62 per sq ft. The 'Ready To Move' property status currently has no units listed, suggesting a focus on new developments or off-plan sales. Sudarshan Vatika stands out as a notable project within Chandaka.

  • The average asking price in Chandaka is ₹5,234 per sq ft, with a forecast to rise to ₹5,234 per sq ft by March 2026.
  • Apartments, the main property type, are priced at ₹5,234 per sq ft, reflecting a recent -3.38% change.
  • The 'Ready To Move' segment currently shows no available units.
  • Patia, a nearby locality, has an average rental rate of ₹62 per sq ft.

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Chandaka, Bhubaneswar

Asking Price Trends

The asking price for properties in Chandaka is set to see an upward trend over the next year. Starting from ₹4,716 per sq ft in June 2025, prices are projected to reach ₹5,417 per sq ft by December 2025, before settling at ₹5,234 per sq ft in March 2026. This reflects a dynamic market influenced by various factors.

Quarter City Rate
Mar 2026 5234
Dec 2025 5417
Sep 2025 5468
Jun 2025 4716
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Price Trends by Property Type

Chandaka's real estate market primarily features apartments, which are currently priced at ₹5,234 per sq ft. This segment has experienced a recent decrease of -3.38%, indicating potential buying opportunities. Other property types are not detailed in the provided data, suggesting a focus on residential apartments within this specific market analysis.

Type Rate (₹/sq.ft) Change %
Apartment 5,234 -3.38
Price Trends by Project Status
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move - - -
Price Trends by Localities

Within the broader Chandaka region, surrounding localities present a diverse range of property values. Gothapatna offers the most affordable option at ₹4,771 per sq ft, while Sundarpur commands the highest price at ₹8,000 per sq ft. Andharua has seen significant appreciation, with prices rising by 21.37% to ₹7,298 per sq ft. Other areas like Kalarahanga hover around ₹5,358 per sq ft, and Patia is priced at ₹6,584 per sq ft, showing a slight decrease of -5.09%.

Location Rate (₹/sq.ft) Change %
Sundarpur 8,000 -
Andharua 7,298 21.4
Raghunathpur 8,116 -
Nandan Vihar 6,681 -
Patia 6,584 -5.1
Chandrasekharpur 5,882 -
Kanan Vihar 7,452 -
Damana 6,205 -
Gothapatna 4,771 -
Kalarahanga 5,358 -

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Chandaka are setting high benchmarks for asking prices. Sudarshan Vatika, located in the Chandaka locality, is currently priced at ₹2,400 per sq ft, representing the most accessible project among those listed by listing rates. No other projects are detailed with specific asking prices in this segment.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Sudarshan Vatika 2,400 -
Top Developers in Chandaka
Sudarshan leads in Chandaka with 1 projects and years of experience.
DLF
Sudarshan ₹ 15.24 L - ₹ 48.04 L
  • 1 Projects
DLF
Purusottam Infratech Pvt Ltd
  • 1 Projects

FAQs about Property Rates in Chandaka, Bhubaneswar

What is the average asking price in Chandaka as of Mar 2026?

As of Mar 2026, the average asking price in Chandaka is ₹5,234 per sq ft. This represents a depreciation of 3.38% from Dec 2025, indicating a slight softening in property values over the recent period. The registration rate in Chandaka is currently ₹0 per sq ft, and there is 1 listing available.

How have property prices in Chandaka trended over the past year?

Property prices in Chandaka have seen fluctuations over the past year. The average location rate was ₹5,417 per sq ft in Dec 2025, which decreased to ₹5,234 per sq ft by Mar 2026. Prior to that, prices had risen from ₹4,716 per sq ft in Jun 2025 to ₹5,468 per sq ft in Sep 2025, before a slight decline. This trend suggests a market that experienced growth in the latter half of 2025, followed by a modest correction in early 2026.

How do property rates vary across different neighborhoods within Chandaka?

Property rates vary significantly across neighborhoods surrounding Chandaka. As of Mar 2026, Sundarpur and Raghunathpur show the highest average rates at ₹8,000 per sq ft and ₹8,116 per sq ft, respectively, with no reported change. Andharua has seen a substantial appreciation of 21.37%, reaching an average rate of ₹7,298 per sq ft. In contrast, Patia has experienced a depreciation of 5.09%, with its average rate at ₹6,584 per sq ft. Other areas like Nandan Vihar, Damana, Kalarahanga, and Gothapatna show rates ranging from ₹4,771 per sq ft to ₹6,681 per sq ft.

What is the average price for apartments in Chandaka as of Mar 2026?

As of Mar 2026, the average price for apartments in Chandaka stands at ₹5,234 per sq ft. This figure has depreciated by 3.38% compared to the previous period. Currently, there is only one listing available for apartments in the area.

What is the status of 'Ready To Move' properties in Chandaka?

As of Mar 2026, there are no 'Ready To Move' properties listed in Chandaka, with an average price reported as ₹0 per sq ft and no change percentage. This indicates that the current available inventory or focus in the market might be on under-construction or other property statuses.

Which projects in Chandaka are listed at the highest rates?

Sudarshan Vatika, located in the Chandaka locality within Bhubaneswar North, is listed with a current rate of ₹2,400 per sq ft. There have been no reported changes in its rate, and the number of transactions is not specified for this project. It is the only project detailed in the listing rates data for this area.

What are the rental rates in Chandaka and what does the rental yield indicate?

The average rental rate in Chandaka is currently ₹0 per sq ft as of Mar 2026, with rental yield marked as 'NA'. This suggests that there is limited or no data available for rental transactions in the broader Chandaka area at this time. Further granular data is needed to assess rental income potential.

How do rental rates vary across different neighborhoods near Chandaka?

Among the neighborhoods near Chandaka, Patia shows an average rental rate of ₹62 per sq ft as of Mar 2026, with no reported change. This indicates a stable rental market in Patia. Data for other surrounding micromarkets is not available to provide a broader comparison of rental trends in the vicinity.

What is the average rental rate for apartments in Chandaka?

As of Mar 2026, the average rental rate for apartments in Chandaka is ₹0 per sq ft. There is no specific data available for rental rates by property type within Chandaka at this time, suggesting a lack of current rental listings or transactions for apartments in this locality.

What are the top projects by rental rates in Chandaka?

There is no specific data available for top projects by rental rates in Chandaka as of Mar 2026. The 'topProjects' section within rental rates does not contain any entries, indicating a lack of detailed information on premium rental projects in this locality.

How does the average asking price in Chandaka compare to its micromarket rates?

As of Mar 2026, the average asking price for Chandaka is ₹5,234 per sq ft, while the average micromarket rate is ₹6,142 per sq ft. This indicates that Chandaka's average asking price is lower than the broader micromarket average. The micromarket rate has seen a slight depreciation from ₹6,387 per sq ft in Dec 2025 to ₹6,142 per sq ft in Mar 2026.

What does the negative change percentage in Chandaka's average asking price signify?

The average asking price in Chandaka has depreciated by 3.38% as of Mar 2026, compared to Dec 2025. This downward trend suggests a potential market correction or a period of increased supply relative to demand. For buyers, this could present an opportunity for negotiation, while sellers might need to adjust their pricing expectations.

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