Ahmedabad
The Manipur property market offers a distinct value proposition for homebuyers, characterized by its competitive entry-level pricing. As of the latest assessment, residential apartments average ₹2,950 per sq ft, while the villa segment commands a higher premium at ₹5,550 per sq ft. Rental activity across the broader region remains consistent, with many neighboring areas maintaining an average rental rate of ₹50 per sq ft. This balance between acquisition costs and rental potential suggests a stable environment for long-term holders.
As of June 2026, the average asking price in Manipur stands at ₹2,950 per sq ft. This rate has remained stable with a 0% change compared to previous reporting periods, indicating a period of price consolidation in the local residential market.
Property prices in the Manipur micromarket have shown a fluctuating trend throughout the recent quarters. As of June 2026, the micromarket rate is ₹4,850 per sq ft, which reflects a downward adjustment from the ₹5,350 per sq ft recorded in March 2026. This follows a period of growth where prices rose from ₹4,100 per sq ft in September 2025 to ₹5,100 per sq ft in December 2025.
In Manipur, property prices vary significantly by type as of June 2026. Villas are currently priced at an average of ₹5,550 per sq ft, which has seen a depreciation of 22.98% compared to the previous period. Meanwhile, apartments are available at an average of ₹2,950 per sq ft, marking a depreciation of 10.76% over the same timeframe.
Rental rates across neighbourhoods surrounding Manipur are currently consistent at ₹50 per sq ft, though their growth trajectories differ significantly as of June 2026. For instance, Makarba has seen an appreciation of 8% in rental rates, and Shela has appreciated by 4.35%. Conversely, areas like South Bopal have experienced a depreciation of 13.64%, and Thaltej has seen a depreciation of 11.11% in rental rates, while Bodakdev, Prahlad Nagar, and Science City have maintained stable rental pricing with 0% change.
The rental market in the vicinity of Manipur is currently characterized by a uniform average rental rate of ₹50 per sq ft across several key hubs as of June 2026. While the rate is consistent, investors should note the volatility in rental growth; for example, while Makarba has appreciated by 8%, South Bopal has seen a depreciation of 13.64% compared to the prior period. This suggests that while entry-level rental costs are similar, the potential for rental income growth varies significantly depending on the specific micro-location.
Sale prices in the areas surrounding Manipur show a wide range of valuations as of June 2026. Bhadaj commands the highest rate at ₹14,500 per sq ft for villas, having appreciated by 5.33%, while Wapa has seen a significant appreciation of 12.82% to reach ₹5,550 per sq ft. On the more affordable end, Ghuma is priced at ₹4,750 per sq ft with a 4.89% appreciation, while South Bopal has seen a depreciation of 2.88%, bringing its average to ₹5,100 per sq ft.
