Property rates in Chandaka, Bhubaneswar average ₹5,250 per sq ft, showing a recent downward trend. Notably, apartments are priced at ₹5,250 per sq ft with a change of -3.38%. The micromarket is projected to see rates around ₹5,250 per sq ft by March 2026, down from ₹5,450 in September 2025.
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The asking price for properties in Chandaka has seen fluctuations over the past few quarters. While the market is projected to reach ₹5,250 per sq ft by March 2026, it was priced higher at ₹5,450 per sq ft in September 2025 and ₹5,400 in December 2025. A notable dip occurred in June 2025, reaching ₹4,700 per sq ft.
Within Chandaka, various localities present distinct property values. Andharua commands the highest average residential apartment rate at ₹7,300 per sq ft, reflecting a substantial 21.37% year-on-year growth. Patia offers apartments at ₹6,600 per sq ft, though it has experienced a 5.09% decrease. Kalinga Nagar averages ₹7,900 per sq ft with no change, while Nayapalli is priced higher at ₹8,650 per sq ft, indicating a significant 15.22% decline.
Sudarshan Vatika, located in Chandaka, is highlighted as a top project with an asking rate of ₹2,400 per sq ft. No change percentage or transaction data was available for this project.
As of March 2026, the average asking price in Chandaka, Bhubaneswar is ₹5,250 per sq ft. This represents a decrease of 3.38% from the previous period, indicating a slight softening in property values over the recent past.
Property prices in Chandaka, Bhubaneswar have shown a downward trend in recent quarters. The average location rate was ₹5,250 per sq ft in March 2026, down from ₹5,400 per sq ft in December 2025. Prior to that, prices were ₹5,450 per sq ft in September 2025, showing a gradual decline from ₹4,700 per sq ft in June 2025, which was the lowest point in this period. This suggests a market correction or potentially increased supply impacting overall rates.
Property rates vary significantly across neighborhoods near Chandaka, Bhubaneswar. As of March 2026, Andharua shows the highest average rate at ₹7,300 per sq ft, appreciating by a substantial 21.37%. Kalinga Nagar follows with an average rate of ₹7,900 per sq ft, remaining stable with no change. Patia has an average rate of ₹6,600 per sq ft, experiencing a depreciation of 5.09%. Nayapalli records the highest rate at ₹8,650 per sq ft but has seen a significant depreciation of 15.22%.
As of March 2026, the average price for apartments in Chandaka, Bhubaneswar is ₹5,250 per sq ft. This segment has experienced a depreciation of 3.38% over the recent period, suggesting a potential buyer's market for apartments in this locality.
As of March 2026, Sudarshan Vatika in Chandaka, Bhubaneswar, is listed with a current rate of ₹2,400 per sq ft. This project has shown no change in its rate, and while transaction numbers are not specified, its lower listing rate positions it as a more affordable option within the locality.
Among the neighborhoods near Chandaka, Bhubaneswar, Patia shows an average rental rate of ₹50 per sq ft as of March 2026. This rate has remained stable with no change percentage recorded, indicating a consistent rental demand or supply in the Patia micro-market.
The property price trend in Chandaka, Bhubaneswar indicates a recent decline. The average asking price has decreased by 3.38% to ₹5,250 per sq ft as of March 2026. This downward movement from ₹5,400 per sq ft in December 2025 and ₹5,450 per sq ft in September 2025 suggests that buyers may find more favorable negotiation opportunities currently, although the trend from June 2025 to September 2025 showed an increase.
The average property rate in Chandaka is ₹5,250 per sq ft as of March 2026. This is lower than several surrounding micromarkets; for instance, Andharua has an average rate of ₹7,300 per sq ft, while Patia is priced at ₹6,600 per sq ft. Kalinga Nagar is at ₹7,900 per sq ft and Nayapalli at ₹8,650 per sq ft. This indicates that Chandaka itself is positioned as a more affordable option compared to these adjacent, more established or premium micromarkets.
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