Property rates in Kanan Vihar average ₹7,450 per sq ft, showing a stable trend over recent quarters. Notably, apartments are priced at this average, experiencing a minor dip of -0.2% recently. Nearby localities like Patia average ₹6,600 per sq ft, representing a notable contrast.
Kanan Vihar's real estate market currently stands at an average asking price of ₹7,450 per sq ft with no registration rates, indicating a stable market. Quarterly trends show consistency between Sep 2025 and Jun 2025, with the location rate holding steady at ₹7,450 per sq ft, while the micromarket rate saw an increase from ₹6,850 to ₹7,150 per sq ft. Residential apartments are the primary property type, averaging ₹7,450 per sq ft with a slight recent decrease of -0.2%. In the rental domain, Patia offers an average rental rate of ₹50 per sq ft, remaining unchanged year-on-year.
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The asking price for properties in Kanan Vihar has remained stable at ₹7,450 per sq ft between the quarters ending June 2025 and September 2025. This consistency suggests a steady market environment. The micromarket rate, however, has seen an increase, rising from ₹6,850 per sq ft in June 2025 to ₹7,150 per sq ft in September 2025.
In Kanan Vihar, apartments are the primary residential offering, averaging ₹7,450 per sq ft, and have recently seen a slight decrease of 0.2%. This segment represents the core of the property market's current valuation.
Within Kanan Vihar's broader real estate landscape, various micro-markets exhibit distinct pricing. Patia offers apartments at an average of ₹6,600 per sq ft, marking a 5.09% decrease. Palasuni presents a slightly higher average at ₹6,850 per sq ft, reflecting a positive 3.42% growth. Hanspal averages ₹6,750 per sq ft with a minor dip of 1.33%. Nayapalli commands a premium at ₹8,650 per sq ft, though it has seen a significant decrease of 15.22%. Jharpada is priced at ₹7,600 per sq ft, down 11.17%, while Chandaka is the most affordable at ₹5,250 per sq ft, experiencing a 3.38% decline.
Property prices in Kanan Vihar, Bhubaneswar have experienced fluctuations over the past year. The micromarket rate was ₹6,150 per sq ft in March 2026, down from ₹6,400 per sq ft in December 2025, indicating a depreciation of approximately 3.91%. Prior to that, prices saw an increase, with the micromarket rate at ₹7,150 per sq ft in September 2025 and ₹6,850 per sq ft in June 2025. This suggests a mixed trend, with recent softening after a period of appreciation.
Property rates vary across micromarkets surrounding Kanan Vihar. As of March 2026, Patia shows an average rate of ₹6,600 per sq ft, which has depreciated by 5.09% from the previous period. Palasuni, on the other hand, has an average rate of ₹6,850 per sq ft, appreciating by 3.42%. Nayapalli records a significantly higher average rate of ₹8,650 per sq ft, though it has seen a substantial depreciation of 15.22%.
The average price for apartments in Kanan Vihar, Bhubaneswar is ₹7,450 per sq ft as of March 2026. This segment has experienced a slight depreciation of 0.2% over the recent period, suggesting a minor correction in apartment pricing within the locality.
In Patia, a micromarket adjacent to Kanan Vihar, the average asking price for residential apartments is ₹6,600 per sq ft as of March 2026. This represents a depreciation of 5.09% compared to the previous period, suggesting a softening of sale prices in this specific area.
Palasuni, a micromarket located near Kanan Vihar, has an average asking price of ₹6,850 per sq ft for residential apartments as of March 2026. This figure indicates an appreciation of 3.42% from the previous period, suggesting a positive trend in property values within Palasuni.
Nayapalli, a micromarket in proximity to Kanan Vihar, shows an average asking price of ₹8,650 per sq ft for residential apartments as of March 2026. Despite its higher price point, this area has experienced a significant depreciation of 15.22% over the recent period, indicating a notable market correction.
As of March 2026, Jharpada, a micromarket near Kanan Vihar, has an average asking price of ₹7,600 per sq ft for residential apartments. This indicates a depreciation of 11.17% compared to the previous period, suggesting a downward trend in property values within Jharpada.
Chandaka, a micromarket in the vicinity of Kanan Vihar, has an average asking price of ₹5,250 per sq ft for residential apartments as of March 2026. This represents a depreciation of 3.38% from the previous period, indicating a slight decrease in property values in this area.
Hanspal, a micromarket located near Kanan Vihar, has an average asking price of ₹6,750 per sq ft for residential apartments as of March 2026. This reflects a depreciation of 1.33% compared to the previous period, suggesting a minor downward adjustment in property values in Hanspal.
Property Valuation 
