Ahmedabad
Manipur maintains a focused residential market with clear distinctions between apartment and villa pricing. While apartment rates currently align at ₹2,950 per sq ft, the villa segment captures a premium at ₹5,550 per sq ft, catering to a specific demographic of luxury seekers. Rental activity across the broader region remains stable at ₹50 per sq ft, providing consistent returns for property owners in neighboring zones like Bopal and Shela.
As of June 2026, the average asking price in Manipur is ₹2,950 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for buyers and sellers in this locality.
Property prices in the Manipur micromarket have shown fluctuations, moving from ₹4,100 per sq ft in September 2025 to ₹5,100 per sq ft in December 2025, reaching a peak of ₹5,350 per sq ft in March 2026, before adjusting to ₹4,850 per sq ft as of June 2026. These shifts reflect the dynamic nature of the local real estate market, influenced by varying demand and supply cycles over the past year.
As of June 2026, villas in Manipur command an average price of ₹5,550 per sq ft, which has depreciated by 22.98% compared to the previous period. Meanwhile, apartments are priced at an average of ₹2,950 per sq ft, reflecting a depreciation of 10.76% over the same timeframe, suggesting a softening in asking prices across major residential categories.
Rental rates across neighbourhoods surrounding Manipur are currently consistent at ₹50 per sq ft, though their growth trajectories differ significantly. For instance, while rental rates in Makarba have appreciated by 8% as of June 2026, areas like South Bopal have seen a depreciation of 13.64%, and Thaltej has experienced a depreciation of 11.11% over the same period. Meanwhile, rental rates in established hubs like Bodakdev, Prahlad Nagar, and Science City have remained stable with 0% change, reflecting varied tenant demand across these micromarkets.
The rental market in the areas surrounding Manipur currently maintains a uniform average rental rate of ₹50 per sq ft as of June 2026. Investors should note that while this rate is consistent across several nearby localities, the market is experiencing mixed trends; for example, Shela has seen rental rates appreciate by 4.35%, whereas Bopal has faced a depreciation of 9.09% during the same period. This variance highlights the importance of selecting specific pockets based on localized rental demand rather than relying on a broad regional average.
The property rate data for Manipur is designed to help you track market health through average asking prices, historical trends, and comparative analysis of property types. By observing that the average asking price is ₹2,950 per sq ft as of June 2026 with a 0% change, you can identify periods of price stability. Additionally, comparing these figures against neighbouring localities helps in assessing whether a specific area offers better value or higher growth potential for your investment or residential needs.
