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Property Rates in Kumhartoli, Ranchi

Comprehensive Market Snapshot

Kumhartoli, Ranchi, currently commands an asking price of ₹4,103 per sq ft as of June 2025. While specific historical price trends for Kumhartoli are limited to this quarter, the broader market in Ranchi shows varied dynamics in surrounding areas. The rental market in nearby localities like Morabadi and Lalpur indicates active demand, with average rental rates of ₹10 per sq ft and ₹14 per sq ft respectively.

  • Kumhartoli's property market currently features an average asking price of ₹4,103 per sq ft.
  • Nearby Morabadi has seen a notable price increase of 8.76%, with rates averaging ₹4,631 per sq ft.
  • Upper Bazar stands out with the highest average rate among listed localities at ₹5,637 per sq ft.
  • For rentals, Lalpur offers a competitive average rental rate of ₹14 per sq ft, while Morabadi averages ₹10 per sq ft.
  • Bariatu Road experienced a price adjustment, declining by -9.61% to ₹4,316 per sq ft.

  • Asking Sale Price₹ 4,103 /sq.ft
  • Insights
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Insights for Kumhartoli, Ranchi Real Estate Market

The Kumhartoli property market in Ranchi is currently marked by an asking price of ₹4,103 per sq ft, a figure recorded for June 2025. This rate positions Kumhartoli competitively within the wider Ranchi real estate landscape. Analyzing neighboring areas reveals diverse performance, with some localities experiencing significant appreciation while others undergo adjustments. The rental market in adjacent regions provides a clear picture of tenant demand, with specific rates observed in key areas.

  • Kumhartoli's average asking price stands at ₹4,103 per sq ft as of June 2025, reflecting its current market valuation.
  • Morabadi demonstrates robust growth, with property rates increasing by 8.76% to an average of ₹4,631 per sq ft.
  • Upper Bazar commands a premium, with an average property rate of ₹5,637 per sq ft, making it one of the higher-priced localities nearby.
  • Conversely, Bariatu Road has seen a decrease of -9.61%, with average rates at ₹4,316 per sq ft, indicating market recalibration.
  • Rental properties in Lalpur average ₹14 per sq ft, presenting a key data point for potential rental income in the region.

Market Strengths Market Strengths
  • Kumhartoli maintains a competitive average asking price of ₹4,103 per sq ft.
  • Several neighboring localities like Morabadi (8.76% increase) and Pundag (5.77% increase) show positive price appreciation.
  • The presence of rental markets in nearby areas like Lalpur and Morabadi indicates a functional ecosystem for investors seeking rental yields.
  • Kokar and Piska More show stable pricing with 0% change, suggesting reliability in these adjacent micro-markets.
  • The broad range of asking prices in surrounding areas (from ₹4,194 to ₹5,637 per sq ft) signifies a diverse and active market in Ranchi.
Market Challenges Market Challenges
  • The absence of historical price trend data for Kumhartoli itself makes long-term investment trend analysis challenging.
  • Bariatu Road shows a significant price decrease of -9.61%, which might indicate localized market pressures or oversupply.
  • Argora also experienced a slight decline of -1.96%, suggesting a need for careful evaluation of specific sub-markets.
Investment Opportunities Investment Opportunities
  • Kumhartoli's current asking price of ₹4,103 per sq ft offers a clear entry point into the Ranchi property market.
  • Investing in areas like Morabadi, which has shown an 8.76% price increase, could yield capital appreciation.
  • Localities such as Pundag and Doranda, with price increases of 5.77% and 2.11% respectively, indicate growing demand.
  • The presence of active rental markets in nearby areas like Lalpur (₹14 per sq ft) and Morabadi (₹10 per sq ft) suggests potential for rental income.
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Property Price Trends in Kumhartoli, Ranchi

Asking Price Trends

As of June 2025, the Kumhartoli property market in Ranchi is characterized by an average asking price of ₹4,103 per sq ft. This figure represents the current valuation for properties in the locality, offering a clear benchmark for buyers and sellers. The market is stable at this rate for the recorded quarter.

Quarter City Rate
Dec 2025 0
Sep 2025 0
Jun 2025 4103
Mar 2025 0
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Price Trends by Localities

Kumhartoli's average asking price of ₹4,103 per sq ft positions it as an attractive option within Ranchi, particularly when compared to neighboring localities. For instance, Piska More and Ratu Road are slightly higher, averaging ₹4,194 per sq ft and ₹4,392 per sq ft respectively. Morabadi, with an average rate of ₹4,631 per sq ft, has seen a significant increase of 8.76%, while Doranda also experienced growth at 2.11% to ₹4,795 per sq ft. On the higher end, Upper Bazar commands a premium at ₹5,637 per sq ft, showcasing a diverse pricing landscape around Kumhartoli.

Location Rate (₹/sq.ft) Change %
Piska More 4,194 -
Ratu Road 4,392 -
Upper Bazar 5,637 -
Argora 4,947 -2
Morabadi 4,631 8.8
Doranda 4,795 2.1
Pundag 4,712 5.8
Lalpur 4,787 -0.8
Bariatu Road 4,316 -9.6
Kokar 4,721 -
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