Property rates in Friends Colony, Nagpur average ₹6,700 per sq ft, showing a slight decrease from ₹6,750 in the previous quarter. Apartments are the most prominent property type, experiencing a minor dip of -0.67%. Meanwhile, nearby Dharampeth offers rental rates averaging ₹50 per sq ft.
Market Strengths
Comprehensive assessment of your property's current worth in the current market
The average asking price in Friends Colony has seen a slight decrease, moving from ₹6,750 per sq ft in June 2025 to ₹6,700 per sq ft by September 2025. This indicates a minor softening in property valuation over this recent period.
In Friends Colony, apartments are the primary property type highlighted, with an average price of ₹6,700 per sq ft. This segment has experienced a slight decrease of -0.67%, suggesting a minor correction in apartment values.
As of March 2026, the average asking price in Friends Colony is ₹6,700 per sq ft. This indicates a stable market, as the price has remained unchanged from the previous period. The locality currently has 8 active listings, primarily for apartments.
Property prices in Friends Colony have shown a slight downward trend in the recent past. Between June 2025 and September 2025, the average price saw a marginal decrease from ₹6,750 to ₹6,700 per sq ft. However, prices remained stable at ₹6,700 per sq ft through December 2025 and into March 2026, suggesting a period of price consolidation after a minor dip.
As of March 2026, the average price for apartments in Friends Colony stands at ₹6,700 per sq ft. This represents a slight depreciation of 0.67% from the previous period. This subtle price adjustment might indicate a market that is either experiencing increased inventory or a softening in buyer demand for apartments in this specific period.
Yes, there are notable differences in rental rates across micromarkets near Friends Colony. For instance, Dharampeth, a nearby area, has an average rental rate of ₹50 per sq ft as of March 2026, with no change reported in its rental values. This suggests that Dharampeth might offer a different rental investment or living proposition compared to the broader Friends Colony area, which currently shows no rental data available.
The current average asking price of ₹6,700 per sq ft in Friends Colony as of March 2026, which has remained stable, suggests a consistent market valuation. For end-users, this stability can imply predictable housing costs. For investors, the lack of significant price appreciation in the most recent period, coupled with no available rental yield data, might warrant a closer look at other factors like future development or demand drivers before making an investment decision.
Property Valuation 
