Raipur
The real estate market in Khamardih Road maintains a steady valuation, characterized by an average asking price of ₹4,250 per sq ft. This pricing reflects the locality's stable residential appeal within Raipur, where balanced growth continues to attract both end-users and investors. While the area holds its own, surrounding regions like Bhatagaon offer a comparative price point of ₹3,400 per sq ft, broadening the scope for buyers evaluating different neighborhood profiles. Current rental dynamics in the wider city context, such as the trends observed in Shankar Nagar, highlight a market adjustment of -13.79% at an average rate of ₹50 per sq ft, providing a useful benchmark for rental property expectations.
The average asking price in Khamardih Road is ₹4,250 per sq ft as of Jun 2026. This rate has remained stable, showing 0% change compared to previous reporting periods, which indicates a period of price consolidation in this residential apartment market.
Property prices in Khamardih Road have experienced significant volatility, with the micromarket rate dropping from ₹4,450 per sq ft in Mar 2026 to ₹3,400 per sq ft as of Jun 2026. This downward adjustment in the micromarket rate suggests a shift in the local supply-demand dynamics or a correction in the pricing strategy for available residential units.
Property rates in Khamardih Road, currently at ₹4,250 per sq ft, are positioned at a premium compared to Bhatagaon, where the average asking price is ₹3,400 per sq ft as of Jun 2026. The rate in Bhatagaon has remained stable with 0% change, highlighting that while Khamardih Road serves as a higher-priced residential hub, neighbouring areas offer more accessible entry points for buyers.
While specific rental data for Khamardih Road is limited, nearby Shankar Nagar reports an average rental rate of ₹50 per sq ft as of Jun 2026. This rental rate has depreciated by 13.79% from the previous period, reflecting a softening in rental demand or an increase in available inventory within that specific neighbourhood.
