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Insights for Manipur, Ahmedabad Real Estate Market Overview

Manipur presents a unique residential landscape within Ahmedabad, currently positioned at an average rate of ₹2,950 per sq ft. Market activity across the surrounding regions reveals a complex interplay of price fluctuations, with areas like Wapa showing significant growth while others experience minor corrections. The rental segment maintains a steady baseline across major localities, suggesting consistent demand for housing. This environment allows prospective residents and investors to weigh the benefits of different neighborhoods based on their specific growth trends and current valuation.

  • Wapa has emerged as a high-growth area with an average rate of ₹5,550 per sq ft, marking a 12.82% increase.
  • Bhadaj remains a premium residential destination for villa properties, commanding the highest average rate in the region at ₹14,500 per sq ft.
  • Rental rates across several key Ahmedabad localities, including Ghuma, Bopal, and Shela, have stabilized at a uniform average of ₹50 per sq ft.
  • The residential sector in Manipur shows a notable price trend, with current apartment rates offering competitive entry points compared to more established commercial and premium residential hubs.

Market Strengths
  • The region maintains a robust rental baseline, with many key localities sustaining an average rate of ₹50 per sq ft.
  • Wapa demonstrates strong market momentum with a 12.82% growth rate in property values.
  • Bhadaj stands out as a high-value residential hub with premium villa properties averaging ₹14,500 per sq ft.
  • Shela continues to attract interest with a 2.2% increase in residential rates and a 9.52% growth in rental performance.
  • The diversity of property types, ranging from affordable apartments to luxury villas, provides options for a wide spectrum of buyers.
Market Challenges
  • Residential apartment rates in Manipur have seen a -10.76% change, suggesting a period of price softening.
  • Villa properties in the area have experienced a notable -22.98% change in average price, reflecting current market corrections.
  • Rental rates in Shilaj have faced downward pressure, recording a -16% change in performance.
  • Both Bopal and South Bopal have seen rental rates adjust by -12%, indicating a shift in leasing demand dynamics.
Investment Opportunities
  • The residential apartment sector provides an accessible entry point at ₹2,950 per sq ft for investors looking for long-term value.
  • Consistent rental rates of ₹50 per sq ft across diverse locations like Ghuma, Bopal, and Shela indicate reliable leasing potential for landlords.
  • Wapa offers strong growth potential for investors, having recorded a 12.82% increase in property rates.
  • Bhadaj provides a high-value opportunity for those targeting the luxury villa segment with rates reaching ₹14,500 per sq ft.
Top Localities in Manipur, Ahmedabad

Sindhu Bhavan Road

Avg Price ₹ 8,900 /Sq.Ft.
LISTINGS 8
Price Trend

Manipur, Ahmedabad Property Price Trends and Appreciation

As of September 2025, the Manipur market is positioned at ₹2,950 per sq ft. This figure sits against a broader micromarket average of ₹4,100 per sq ft, highlighting the distinct affordability of this specific location.
Asking Price Trends
₹ 2,950/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 0
Sep 2025 2950
About Asking Price Trends
Manipur Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
Wapa 5,550 12.8
Ghuma 4,750 4.9
Bopal 5,200 -0.5
Shela 5,400 2.2
South Bopal 5,100 -2.9
Shilaj 6,050 1.9
Ambli 8,900 -2.1
Ambli Road 8,700 -6.1
Sanidhya 9,950 -0.9
Bhadaj 14,500 5.3
The surrounding real estate landscape shows significant price variance, with Bhadaj commanding a premium at ₹14,500 per sq ft for luxury villas. Meanwhile, residential apartments in areas like Wapa average ₹5,550 per sq ft, reflecting a 12.82% increase in value. Other established pockets such as Shela and Bopal hover at ₹5,400 per sq ft and ₹5,200 per sq ft respectively, while South Bopal offers a slightly more accessible entry at ₹5,100 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 5,550 -23
Apartment 2,950 -10.8
Manipur's real estate market caters to diverse buyer preferences across property categories. Residential apartments are currently priced at ₹2,950 per sq ft, while villa options are available at an average of ₹5,550 per sq ft, reflecting a -22.98% change in recent market activity.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,500 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,900 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 8,900 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Manipur, Ahmedabad

Avg. Asking Price ₹ 7,750 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Avg. Asking Price ₹ 5,953 /Sq.Ft
Avg. Asking Price ₹ 5,350 /Sq.Ft
Avg. Asking Price ₹ 5,250 /Sq.Ft
Avg. Asking Price ₹ 4,250 /Sq.Ft
Avg. Asking Price ₹ 3,900 /Sq.Ft

More insights about Manipur, Ahmedabad

FAQ

Frequently Asked Questions About Property Rates in Manipur, Ahmedabad

What is the current average asking price in Manipur?

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 compared to the previous period, indicating a period of price consolidation in this locality.

How do property prices in Manipur compare to nearby neighbourhoods?

Property prices in Manipur, currently at ₹2,950 per sq ft, are significantly more accessible than in surrounding areas. For instance, neighbouring localities like Shilaj command an average asking price of ₹6,050 per sq ft (which appreciated by 1.89% from the previous period), and Shela stands at ₹5,400 per sq ft (which appreciated by 2.2%). Other nearby areas like Bopal and South Bopal report average asking prices of ₹5,200 per sq ft and ₹5,100 per sq ft, respectively.

How have property prices for different types of homes changed in Manipur?

As of June 2026, the market for residential properties in Manipur shows varied trends across segments. The average price for villas is ₹5,550 per sq ft, which has depreciated by 22.98% compared to the previous period. Meanwhile, the average price for apartments stands at ₹2,950 per sq ft, reflecting a depreciation of 10.76% over the same timeframe.

What are the typical rental rates in areas surrounding Manipur?

Rental rates in the vicinity of Manipur are currently consistent across several key neighbourhoods at ₹50 per sq ft as of June 2026. While many areas such as Ghuma, Makarba, Ramdevnagar, Bodakdev, Prahlad Nagar, and Sarkhej have seen stable rental rates with 0% change, some locations show volatility. For example, rental rates in Shela have appreciated by 9.52%, whereas Bopal and South Bopal have seen a depreciation of 12%, and Shilaj has experienced a depreciation of 16%.

How should investors interpret the rental rate trends in the Manipur region?

Investors looking at the broader Manipur region should note that while many established neighbouring localities maintain a consistent rental rate of ₹50 per sq ft as of June 2026, the rental market is sensitive to local demand shifts. The 9.52% appreciation in Shela suggests growing tenant interest, whereas the double-digit depreciation in areas like Shilaj (-16%) and Bopal (-12%) highlights the importance of micro-market selection. Investors should weigh these rental trends against the capital appreciation potential of the specific property type they are considering.

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