Khamardih Road represents a stable residential market in Raipur with an average asking price of ₹4,250 per sq ft. The local market dynamics are influenced by proximity to established neighborhoods, which helps maintain steady property interest among residents. Rental activity in the surrounding areas shows an average of ₹50 per sq ft, highlighting the area's appeal for those looking for residential stability. Investors often look at these patterns to gauge the long-term potential of the region.
The average asking price in Khamardih Road is ₹4,250 per sq ft as of Sep 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
Property prices in Khamardih Road have shown a fluctuating trajectory throughout 2026. After reaching ₹4,450 per sq ft in Mar 2026, the micromarket rate dipped to ₹3,400 per sq ft in Jun 2026 before recovering to ₹4,050 per sq ft as of Sep 2026.
Property rates in Khamardih Road, currently at ₹4,250 per sq ft, sit between the price points of its neighbouring areas. Shankar Nagar commands a higher average asking price of ₹4,800 per sq ft, while Bhatagaon is more affordable at ₹3,550 per sq ft. Notably, the average asking price in Bhatagaon has appreciated by 4.53% compared to previous periods, reflecting growing demand in that specific locality.
The rental market in the vicinity of Khamardih Road is primarily represented by Shankar Nagar, which currently sees an average rental rate of ₹50 per sq ft as of Sep 2026. This rental rate has experienced a depreciation of 13.79% compared to the prior period, suggesting a market correction or an increase in available rental inventory in that area.