Nagpur
Friends Colony functions as a prominent residential enclave in Nagpur, characterized by a steady supply of apartment-style housing. The local market currently sees average asking prices for apartments at ₹6,700 per sq ft, reflecting a minor adjustment of -0.67% in recent quarterly performance. Rental dynamics in the surrounding region are anchored by established hubs like Civil Lines, which command an average rental rate of ₹50 per sq ft. This synergy between localized ownership costs and regional rental benchmarks provides a clear picture for prospective residents and investors evaluating the area.
The average asking price in Friends Colony is ₹6,700 per sq ft as of March 2026. This rate has remained stable with a 0% change compared to the previous period, indicating a period of price equilibrium in this residential locality.
Apartments in Friends Colony are currently priced at an average of ₹6,700 per sq ft as of March 2026. This figure reflects a minor depreciation of 0.67% from the previous period, suggesting a slight market correction or adjustment in seller expectations for apartment-style properties in this area.
While specific rental data for Friends Colony is currently unavailable, nearby Civil Lines offers rental options at an average rate of ₹50 per sq ft as of March 2026. This rental rate in Civil Lines has remained stable with a 0% change over the observed period, providing a benchmark for tenants and landlords looking at the broader Nagpur real estate market.
Investors evaluating Friends Colony should note that the average asking price stands at ₹6,700 per sq ft as of March 2026, with a stable 0% change trend. With a limited current listing count of 2 residential properties, the market exhibits low immediate supply, which is a critical factor for buyers to consider when assessing liquidity and competition in this specific locality.
