Raipur
Khamardih Road represents a stable residential market in Raipur, where property values currently hold at ₹4,250 per sq ft. The local real estate landscape is closely linked with neighboring Shankar Nagar, which commands a slightly higher average rate of ₹4,450 per sq ft. While the sales market remains consistent, the rental sector in nearby areas shows dynamic shifts, with average rates at ₹50 per sq ft in Shankar Nagar. Investors continue to monitor these trends to gauge the long-term potential of residential assets in this corridor.
The average asking price in Khamardih Road is ₹4,250 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in this residential apartment market.
Property price trends in Khamardih Road have shown volatility in the recent quarters, with the micromarket rate recorded at ₹3,400 per sq ft in June 2026, compared to ₹4,450 per sq ft in March 2026. This downward shift from the previous quarter suggests a market correction or a change in the composition of active listings currently available in the area.
The average asking price in Khamardih Road is ₹4,250 per sq ft, while the nearby Shankar Nagar commands a slightly higher average asking price of ₹4,450 per sq ft as of June 2026. Notably, Shankar Nagar has seen its property rates appreciate by 0.97% compared to previous periods, highlighting its status as a premium residential alternative in the vicinity.
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 prior period, which may reflect a softening in rental demand or an adjustment in the inventory profile currently available for lease in this neighbourhood.
Investors should view the current average asking price of ₹4,250 per sq ft in Khamardih Road as a baseline for entry, keeping in mind that the market is currently experiencing price stability. By comparing this to the rental rates in neighbouring areas like Shankar Nagar, which stands at ₹50 per sq ft, investors can better gauge the potential for income generation versus capital appreciation in this specific residential corridor.
