Raipur
Khamardih Road serves as a key residential corridor in Raipur, offering balanced property values for those seeking entry into a well-connected part of the city. The market displays stable pricing, providing a clear alternative to the nearby premium enclave of Shankar Nagar. Rental activity in the vicinity shows distinct movement, with surrounding areas experiencing shifts in demand that influence overall market sentiment. Potential investors can evaluate these trends to determine the long-term viability of residential assets in this location.
The average asking price in Khamardih Road stands at ₹4,250 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have reached a temporary equilibrium compared to previous periods.
Property rates in Khamardih Road have shown a volatile trajectory in recent quarters, with the micromarket rate recorded at ₹3,400 per sq ft in June 2026, down from ₹4,450 per sq ft in March 2026. This shift suggests a significant market adjustment in the area, which investors and homebuyers should evaluate carefully against long-term value expectations.
Property rates in Shankar Nagar are currently higher than in Khamardih Road, with an average asking price of ₹4,450 per sq ft as of June 2026. Notably, Shankar Nagar has seen its rates appreciate by 0.97% compared to previous periods, reflecting sustained demand for residential apartments in that specific neighbourhood.
The average rental rate in Shankar Nagar is ₹50 per sq ft as of June 2026. This rate has depreciated by 13.79% compared to the previous period, which may indicate a softening in rental demand or an increase in available rental inventory in the area for tenants to consider.
When evaluating rental potential near Khamardih Road, it is useful to look at neighbouring localities like Shankar Nagar, which currently commands a rental rate of ₹50 per sq ft as of June 2026. The recent 13.79% depreciation in rental rates in this area suggests that landlords may be adjusting prices to maintain occupancy, providing a more competitive entry point for prospective tenants.
