Property rates in Khandagiri average ₹6,900 per sq ft, reflecting a period of price adjustment in the local real estate market. The area demonstrates steady demand, particularly for residential apartments which are priced at current market averages. Notable interest remains in well-planned projects like DN OxyPark, which continues to anchor the local residential segment. Buyers looking for value in Bhubaneswar find this location a balanced option for both immediate and long-term residential investment.
Insights for Khandagiri, Bhubaneswar Real Estate Market Overview
The real estate market in Khandagiri currently maintains an average asking price of ₹6,900 per sq ft, showing a nuanced quarterly trend as it navigates shifting buyer preferences. Residential development remains the primary driver of the locality, with apartment complexes leading the supply landscape. Investors and home buyers are closely monitoring these price movements, which reflect broader adjustments within the Bhubaneswar property sector. Strategic developments continue to define the area's growth trajectory and appeal.
Residential apartments in Khandagiri are currently priced at an average of ₹6,900 per sq ft.
The DN OxyPark project stands out as a key residential development with an asking rate of ₹3,700 per sq ft.
Villa properties in the area are experiencing a positive growth trend, now averaging ₹7,350 per sq ft.
Quarterly data indicates a price fluctuation, with rates moving from ₹7,600 in June 2025 to ₹6,900 by December 2025.
Market Strengths
Villa properties demonstrate consistent value growth of 1.68% per year.
The residential apartment sector shows healthy appreciation of 1.89%.
Khandagiri maintains a competitive pricing position relative to high-end localities like Forest Park and Nayapalli.
Established projects like DN OxyPark provide a reliable anchor for residential property seekers.
Market Challenges
The micromarket rate experienced a decline from ₹8,550 in June 2025 to ₹8,300 in December 2025.
Property prices in the location have seen a quarterly downward adjustment from the June 2025 peak of ₹7,600 per sq ft.
Investment Opportunities
Villa properties in Khandagiri present a growth opportunity with an average rate of ₹7,350 per sq ft and a 1.68% appreciation.
Apartment units provide a stable entry point into the local market at ₹6,900 per sq ft.
The 1.89% growth rate for apartments suggests sustained demand for residential living spaces in the area.
Price Trend
Khandagiri, Bhubaneswar Property Price Trends and Appreciation
Khandagiri has seen dynamic shifts in property rates throughout 2025, moving from a peak of ₹7,600 per sq ft in June to a more stabilized ₹6,900 per sq ft by December. This adjustment reflects a broader cooling trend across the local micromarket, which saw rates shift from ₹8,550 to ₹8,300 in the same timeframe. These trends highlight a market recalibrating to current buyer appetite and inventory levels.
Khandagiri remains a central point of interest when compared to surrounding localities in Bhubaneswar. While premium areas like Forest Park command significant rates at ₹10,800 per sq ft and Nayapalli averages ₹8,650 per sq ft, Khandagiri offers a more accessible entry point at ₹6,900 per sq ft. Meanwhile, locations such as Sundarpada and Patrapada provide lower-cost alternatives, averaging ₹5,150 and ₹5,650 per sq ft respectively, highlighting the diverse pricing spectrum across the city.
Khandagiri's real estate market caters to diverse buyer preferences across property categories. Residential apartments lead the segment at ₹6,900 per sq ft, experiencing a growth of 1.89%. Meanwhile, villa properties command a premium at ₹7,350 per sq ft, showing a steady appreciation of 1.68%.
Premium residential developments in Khandagiri are setting benchmarks for value and quality. DN OxyPark leads the listing segment, currently priced at ₹3,700 per sq ft. This project exemplifies the aspirational residential options available to buyers seeking established developments within the locality.
Frequently Asked Questions About Property Rates in Khandagiri, Bhubaneswar
What is the current average asking price in Khandagiri?
The average asking price in Khandagiri is ₹6,900 per sq ft as of March 2026. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in this locality.
How have property prices in Khandagiri trended recently?
Property prices in Khandagiri have shown a mixed trajectory over the last few quarters. While the micromarket rate was ₹8,300 per sq ft in December 2025, it adjusted to ₹7,750 per sq ft by March 2026, reflecting the dynamic nature of the local real estate market.
How do property rates in Khandagiri compare to nearby areas in Bhubaneswar?
Property rates in Khandagiri, at ₹6,900 per sq ft, sit in the mid-range when compared to surrounding neighbourhoods. For instance, Forest Park commands a premium at ₹10,800 per sq ft, while more affordable options are available in Sundarpada at ₹5,150 per sq ft and Patrapada at ₹5,650 per sq ft. These variations allow buyers to choose between premium, established areas and more budget-friendly emerging localities.
What is the price difference between apartments and villas in Khandagiri?
As of March 2026, villas in Khandagiri are priced at an average of ₹7,350 per sq ft, while apartments are available at ₹6,900 per sq ft. Both property types have seen appreciation; villas appreciated by 1.68% and apartments by 1.89% compared to the previous period, suggesting steady demand across both residential segments.
What should investors know about the DN OxyPark project in Khandagiri?
DN OxyPark is a notable project in Khandagiri with a current listing rate of ₹3,700 per sq ft as of March 2026. This rate has remained stable with a change percentage of 0% over the observed period, providing a clear price benchmark for potential buyers looking at residential options within this specific development.
Which nearby localities have seen significant price changes?
Several areas near Khandagiri have experienced notable price corrections as of March 2026. For example, Nayapalli saw a depreciation of 15.22%, Patrapada depreciated by 13.96%, and Forest Park depreciated by 12.25% compared to the previous period. Conversely, Madanpur has shown resilience with an appreciation of 1.46% over the same timeframe.
