The real estate market in Madanpur is currently experiencing a period of steady appreciation, characterized by a clear upward trend in property values over the last three quarters. As residential demand continues to evolve, the locality has seen average rates rise from ₹5,250 per sq ft in September 2025 to a current benchmark of ₹5,900 per sq ft. This growth is mirrored by a broader regional performance where various surrounding areas show shifting dynamics, offering buyers and investors a range of entry points depending on their specific location and project preferences. The current supply remains focused on residential apartments, which continue to dominate the local investment landscape.
The average asking price in Madanpur is ₹5,900 per sq ft as of June 2026. This rate has remained stable, showing a 0% change compared to the previous reporting period, which suggests a period of price consolidation in the local residential market.
Property prices in Madanpur have shown a fluctuating trajectory over the past year. As of June 2026, the location rate is recorded at ₹5,900 per sq ft, following a rise from ₹5,800 per sq ft in December 2025 and ₹5,250 per sq ft in September 2025. Investors should note that while the market saw upward movement in late 2025, the stability observed in June 2026 indicates a balanced demand-supply environment.
Property rates in Madanpur, currently at ₹5,900 per sq ft, are positioned competitively against several surrounding localities in Bhubaneswar. For instance, Forest Park commands a higher premium at ₹10,450 per sq ft, while Nayapalli is priced at ₹9,750 per sq ft. Conversely, more affordable options are available in Sundarpada, where the average rate is ₹4,150 per sq ft, having depreciated by 18.97% compared to the prior period.
The average price for apartments in Madanpur is ₹5,900 per sq ft as of June 2026. This segment has appreciated by 1.46% compared to the previous period, reflecting a steady interest in apartment-style living within this locality.
Bivab Angan is a notable project in Madanpur, currently featuring a listing rate of ₹2,750 per sq ft as of June 2026. The pricing for this project has remained stable with a 0% change, providing a clear entry point for buyers looking for residential options in this specific locality.
A buyer should interpret the current average asking price of ₹5,900 per sq ft in Madanpur as a baseline for their property search as of June 2026. Since the market has shown a 0% change in the overall asking price, it indicates that current sellers are maintaining price stability. Buyers can use this data to compare against the higher-priced premium localities like Forest Park or more budget-friendly areas like Sundarpada to determine if the location aligns with their financial goals.
