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Property Rates in Friends Colony, Nagpur

Comprehensive Market Snapshot

Friends Colony in Nagpur presents a competitive real estate landscape, with the average asking price currently standing at ₹6,695 per sq ft. The market experienced a slight adjustment in the last quarter, with rates moving from ₹6,740 per sq ft in Jun 2025 to ₹6,695 per sq ft in Sep 2025. This locality primarily features apartments, which are priced consistently with the overall average.

  • The average asking price in Friends Colony is ₹6,695 per sq ft.
  • Property rates saw a minor decrease of -0.67% in the last quarter.
  • Apartments are the dominant property type, mirroring the overall locality rate at ₹6,695 per sq ft.
  • Friends Colony's rates are higher than several nearby areas, including Kt Nagar (₹5,709 per sq ft) and Anant Nagar (₹4,962 per sq ft).
  • The locality is positioned below Jaripatka, which commands a higher average rate of ₹7,844 per sq ft.

  • Asking Sale Price₹ 6,695 /sq.ft
  • Insights
  • Price Trends
  • Other Property Rates

Insights for Friends Colony, Nagpur Real Estate Market

Friends Colony in Nagpur maintains a robust market presence, with an average asking price of ₹6,695 per sq ft. An analysis of recent trends indicates a slight quarterly dip of -0.67% in property values, moving from ₹6,740 per sq ft in Jun 2025 to ₹6,695 per sq ft in Sep 2025. This adjustment is also reflected in the apartment segment, which stands at the same average rate and experienced a similar -0.67% change. When compared to neighboring localities, Friends Colony positions itself as a mid-to-high-value area, offering a more premium option than many, yet more accessible than the top-tier.

  • Friends Colony's average property rate of ₹6,695 per sq ft places it as a significant locality within Nagpur.
  • The market observed a -0.67% decline in average rates during the Sep 2025 quarter.
  • Apartments are the primary property type available, priced at ₹6,695 per sq ft, aligning with the overall market average.
  • The locality's rates are notably higher than Anant Nagar (₹4,962 per sq ft) and Godhani (₹3,375 per sq ft).
  • Friends Colony offers a more affordable entry point compared to Jaripatka, which is priced at ₹7,844 per sq ft.

Market Strengths Market Strengths
  • Friends Colony commands a respectable asking price of ₹6,695 per sq ft, indicating its established value within Nagpur's real estate landscape.
  • The locality's rates are significantly higher than several neighboring areas like Anant Nagar (₹4,962 per sq ft) and Godhani (₹3,375 per sq ft), highlighting its premium positioning.
  • The apartment segment, representing the primary property type, maintains a strong average price of ₹6,695 per sq ft, consistent with the overall market.
  • Friends Colony is positioned below the highest-priced neighboring locality, Jaripatka (₹7,844 per sq ft), suggesting room for future appreciation while maintaining a strong current valuation.
  • The consistent pricing for apartments with the overall market rate suggests a stable and mature residential market primarily focused on this property type.
Market Challenges Market Challenges
  • The quarterly price trend shows a slight decrease of -0.67% from Jun 2025 to Sep 2025, indicating a minor downward pressure on property values.
  • The apartment segment specifically mirrored this decline with a -0.67% change, suggesting a broad market sentiment rather than an isolated incident.
  • One neighboring locality, Zingabai Takli, experienced a -3.29% decline in its average rate, which could suggest a cautious market sentiment in some parts of Nagpur.
Investment Opportunities Investment Opportunities
  • Friends Colony's average asking price of ₹6,695 per sq ft positions it as a mid-to-high-range locality, offering potential for value appreciation within Nagpur.
  • The apartment segment, currently priced at ₹6,695 per sq ft, aligns directly with the overall market rate, suggesting a stable entry point for residential investment.
  • Compared to Jaripatka (₹7,844 per sq ft), Friends Colony offers a more accessible price point while still being significantly higher than more affordable areas like Godhani (₹3,375 per sq ft).
  • The recent slight price adjustment of -0.67% could present a timely buying opportunity before potential market recovery or stabilization.
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Property Price Trends in Friends Colony, Nagpur

Asking Price Trends

Friends Colony's property market experienced a slight downward adjustment in the most recent quarter. The average asking price decreased from ₹6,740 per sq ft in Jun 2025 to ₹6,695 per sq ft by Sep 2025, marking a -0.67% change. This trend indicates a minor cooling in property values within the locality.

Quarter City Rate
Dec 2025 0
Sep 2025 6695
Jun 2025 6740
Mar 2025 0
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Price Trends by Property Type

Friends Colony's real estate market primarily caters to apartment buyers. The apartment segment currently averages ₹6,695 per sq ft, which aligns precisely with the overall locality rate. This property type experienced a minor price adjustment of -0.67% in the last quarter, reflecting the general market trend in Friends Colony.

Type Rate (₹/sq.ft) Change %
Apartment 6,695 -0.67
Price Trends by Localities

Friends Colony commands an average asking price of ₹6,695 per sq ft, positioning it as a desirable residential area in Nagpur. This rate is significantly higher than several neighboring localities such as Anant Nagar, which averages ₹4,962 per sq ft, and Godhani at ₹3,375 per sq ft. While more affordable than Jaripatka, priced at ₹7,844 per sq ft, Friends Colony offers a premium over areas like Kt Nagar (₹5,709 per sq ft) and New Mankapur (₹5,749 per sq ft). Zingabai Takli, at ₹4,560 per sq ft, represents a more budget-friendly option, having seen a -3.29% decline.

Location Rate (₹/sq.ft) Change %
Kt Nagar 5,709 -
Anant Nagar 4,962 -
New Mankapur 5,749 -
Gorewada 5,487 -
Zingabai Takli 4,560 -3.3
Jaripatka 7,844 -
Godhani 3,375 -
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