Bhubaneswar
Forest Park remains a significant residential destination in Bhubaneswar, characterized by its steady property valuations and established community infrastructure. The market has seen price movements over the last few quarters, settling at the current average of ₹10,450 per sq ft. Buyers looking for apartments will find that current pricing reflects a -3.27% change, offering a specific entry point for those targeting this locality. The overall market dynamics suggest a focus on long-term value rather than rapid speculative growth.
The average asking price in Forest Park is ₹10,450 per sq ft as of June 2026. This figure represents a depreciation of 3.27% compared to the previous quarter, reflecting a recent market adjustment in the area. Understanding this price point is essential for buyers and investors looking to gauge the current entry cost for residential apartments in this locality.
Property prices in Forest Park have shown a mixed trajectory over the last year, with the average asking price moving from ₹11,300 per sq ft in September 2025 to ₹12,300 per sq ft in December 2025, before correcting to ₹10,450 per sq ft by June 2026. This fluctuation indicates a dynamic market environment where values have adjusted following the peak observed at the end of 2025. Investors should monitor these quarterly shifts closely to identify optimal entry points in the local residential market.
As of June 2026, the average asking price in Forest Park stands at ₹10,450 per sq ft, which is notably higher than the broader micromarket rate of ₹6,450 per sq ft. This premium suggests that Forest Park maintains a distinct value proposition compared to surrounding areas, likely due to its specific infrastructure, connectivity, or residential appeal. Buyers should consider this price gap when evaluating the value-for-money aspect of properties within the locality versus the wider region.
Apartments in Forest Park are currently priced at an average of ₹10,450 per sq ft as of June 2026. This rate reflects a depreciation of 3.27% from the previous quarter, indicating a softening in the segment's pricing. For those looking to invest in residential apartments, this recent change provides a useful benchmark for negotiating deals and assessing the current demand-supply balance in the area.
