Manish Nagar, Nagpur, presents a dynamic real estate market with an average asking price of ₹5,636 per sq ft. The property market shows a slight downward trend in asking prices over the past few quarters, with the most recent quarter (Mar 2026) projecting a rate of ₹5,636 per sq ft, down from ₹6,039 per sq ft in Dec 2025. Apartments are the dominant property type, priced at ₹5,636 per sq ft, while villas command a higher average of ₹8,674 per sq ft. The rental market offers an average rental rate of ₹23 per sq ft with a rental yield of 4.90%, indicating steady returns for property owners.
The real estate landscape in Manish Nagar, Nagpur, is characterized by a current asking price of ₹5,636 per sq ft, with a notable downward trajectory observed in projected quarterly rates, moving from ₹6,039 per sq ft in December 2025 to an anticipated ₹5,636 per sq ft by March 2026. Apartments are priced at ₹5,636 per sq ft, experiencing a 6.67% decrease, while villas represent a premium segment at ₹8,674 per sq ft. Neighboring localities like Somalwada are priced significantly higher at ₹8,438 per sq ft, whereas Besa offers a more affordable entry point at ₹4,791 per sq ft. The rental market is active, with an average rental rate of ₹23 per sq ft and a rental yield of 4.90%. Besa shows an average rental rate of ₹22 per sq ft, while Dharampeth is considerably higher at ₹50 per sq ft, suggesting varied rental potentials across micro-markets.
Comprehensive assessment of your property's current worth in the current market
The asking price for properties in Manish Nagar, Nagpur, has shown a fluctuating trend over the past few quarters. While the market is projected to reach ₹5,636 per sq ft by March 2026, it experienced higher rates in previous periods, peaking at ₹6,039 per sq ft in December 2025. This indicates a recent softening in property values.
In Manish Nagar, Nagpur, apartments are the most prevalent property type, with an average price of ₹5,636 per sq ft, showing a decrease of 6.67%. Villas represent a more exclusive segment, commanding a higher average price of ₹8,674 per sq ft. This segmentation highlights distinct buyer preferences and investment scales within the locality.
Manish Nagar's property rates are influenced by its surrounding micro-markets. Nearby Somalwada commands a higher average rate of ₹8,438 per sq ft, while Narendra Nagar is priced at ₹7,703 per sq ft. More affordable options are available in Besa, averaging ₹4,791 per sq ft, and Beltarodi at ₹4,071 per sq ft. Khamla and Manewada offer mid-range options at ₹5,983 per sq ft and ₹5,491 per sq ft respectively, reflecting a diverse price spectrum across the locality.
As of March 2026, the average asking price in Manish Nagar, Nagpur is ₹5,636 per sq ft. This represents a depreciation of 6.67% from December 2025, indicating a softening in property values over the last quarter. The locality currently has 368 listings.
Property prices in Manish Nagar, Nagpur have seen a downward trend over the past year. From June 2025 to March 2026, the average asking price decreased from ₹6,035 per sq ft to ₹5,636 per sq ft. Specifically, prices dipped from ₹6,039 per sq ft in December 2025 to ₹5,636 per sq ft in March 2026, a decline of 6.67% for the quarter, suggesting a market correction or increased supply.
As of March 2026, the average asking price in Manish Nagar, Nagpur stands at ₹5,636 per sq ft. The provided data indicates a Government Registration Rate of ₹0 per sq ft for Manish Nagar. This significant difference suggests that the listed prices are considerably higher than the officially registered values, a common scenario where registration rates may not reflect current market dynamics or are set at a nominal value.
Property rates vary significantly across neighborhoods within Manish Nagar, Nagpur. As of March 2026, Somalwada has the highest average rate at ₹8,438 per sq ft, showing no change. Narendra Nagar follows with ₹7,703 per sq ft, also stable. In contrast, Beltarodi offers more affordable options at ₹4,071 per sq ft, and Gotal Pajri is priced at ₹4,007 per sq ft, with both showing no price change. Besa has seen a slight appreciation of 2% to ₹4,791 per sq ft.
In Manish Nagar, Nagpur, apartments are priced at an average of ₹5,636 per sq ft as of March 2026, which has depreciated by 6.67% from December 2025. Villas in the area are priced higher, averaging ₹8,674 per sq ft, with no reported change in price from the previous period.
The average rental rate in Manish Nagar, Nagpur is ₹23 per sq ft as of March 2026. Investors can expect a rental yield of 4.90% in this locality. This yield indicates the annual return on investment based on rental income relative to the property's capital value, suggesting a moderate income-generating potential for rental properties in the area.
Rental rates show variation across micro-markets within Manish Nagar, Nagpur. Dharampeth commands the highest average rent at ₹50 per sq ft, with no change reported. Besa offers a more affordable rental option at ₹22 per sq ft, also showing stable rates. These differences highlight premium rental pockets versus more budget-friendly areas for tenants and varying income potentials for landlords.
The recent depreciation of 6.67% in average asking prices in Manish Nagar, Nagpur, from December 2025 to March 2026, could present a buying opportunity for end-users. For investors, while the capital appreciation has softened, the stable rental yield of 4.90% might still offer attractive income potential. However, the downward price trend warrants caution and further analysis of market-specific factors.
As of March 2026, the average asking price in Manish Nagar is ₹5,636 per sq ft. This is lower than some of its constituent micromarkets like Somalwada (₹8,438 per sq ft) and Narendra Nagar (₹7,703 per sq ft), but higher than others such as Beltarodi (₹4,071 per sq ft) and Gotal Pajri (₹4,007 per sq ft). This indicates that Manish Nagar as a whole is priced moderately, with significant variations within its sub-localities.
Property Valuation 
