Ahmedabad
Manipur currently presents a clear value proposition for homebuyers, with apartment prices averaging ₹2,950 per sq ft. The local market dynamics show a notable divergence between residential unit types, as villas maintain a premium valuation compared to standard apartments. Rental demand across the wider Ahmedabad region remains consistent, with several nearby localities sustaining rental rates around ₹50 per sq ft. This stability in leasing rates provides a steady baseline for investors assessing long-term holding potential in the vicinity.
As of Sep 2026, the average asking price in Manipur is ₹2,950 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
The property price trend in Manipur has shown some volatility throughout 2026. As of Sep 2026, the micromarket rate stands at ₹4,950 per sq ft, up from ₹4,850 per sq ft in Jun 2026. Earlier in the year, prices reached a peak of ₹5,350 per sq ft in Mar 2026, following a rate of ₹5,100 per sq ft in Dec 2025.
In Manipur, villas currently command a higher average price of ₹5,550 per sq ft, though this has seen a depreciation of 22.98% compared to the previous period. Apartments are available at an average price of ₹2,950 per sq ft as of Sep 2026, which reflects a depreciation of 10.76% over the same timeframe.
Real estate rates in areas surrounding Manipur vary significantly, reflecting diverse market demand. For instance, Ambli leads the nearby localities with an average asking price of ₹9,300 per sq ft, having appreciated by 4.69%. Other notable areas include Bopal at ₹5,650 per sq ft (up 1.59%), Shela at ₹5,450 per sq ft (up 0.54%), and Shantipura, which has seen a notable appreciation of 5.42% to reach ₹4,750 per sq ft.
Rental rates across the broader region surrounding Manipur are consistently observed at ₹50 per sq ft as of Sep 2026. While the rate is uniform, the growth trends vary significantly: Science City has seen a strong appreciation of 20%, and South Bopal has appreciated by 19.05%. Conversely, Prahlad Nagar has experienced a depreciation of 10.71%, while areas like Ambli, Makarba, Bodakdev, and Thaltej have maintained stable rental rates with 0% change.
Investors should note that while the rental rate is currently ₹50 per sq ft across many key localities, the varying appreciation rates indicate shifting demand. High-growth areas like Science City (up 20%) and South Bopal (up 19.05%) suggest increasing tenant interest, which may be beneficial for landlords. Investors should monitor these growth percentages alongside capital values to determine the best entry points for rental income generation.
Users can utilize this data to benchmark their investment or purchase decisions against current market realities in Manipur. By comparing the average asking price of ₹2,950 per sq ft for apartments against the regional micromarket trends, buyers can identify whether a property is priced competitively. Additionally, tracking the price trajectories of nearby localities helps in understanding if a specific area is currently experiencing appreciation or a market correction.
