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The real estate market in MIHAN is currently experiencing a phase of consistent growth, with property prices reaching an average of ₹6,700 per sq ft. This upward trajectory is supported by quarterly data showing a steady increase from ₹6,450 in late 2025 to the current levels. Rental demand remains balanced, with neighboring areas like Manish Nagar and Besa sustaining steady rental rates of ₹50 per sq ft. The market composition is largely defined by established apartment projects that continue to drive local transaction interest.
As of Sep 2026, the average asking price in MIHAN is ₹6,700 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where prices have held steady over the observed period.
The property price trend in MIHAN has shown a fluctuating trajectory throughout 2026. Data indicates the location rate moved from ₹6,450 per sq ft in Dec 2025 to ₹6,100 per sq ft in Mar 2026, before reaching ₹6,700 per sq ft in Sep 2026. This recovery suggests a return of buyer interest and market resilience in the area.
Property prices in MIHAN, currently at ₹6,700 per sq ft as of Sep 2026, sit between the rates of its neighbouring areas. For instance, Narendra Nagar commands a higher average asking price of ₹7,300 per sq ft, while Manish Nagar and Besa are more accessible at ₹6,100 per sq ft and ₹5,700 per sq ft, respectively. Notably, Manish Nagar has seen a slight appreciation of 0.72% in its rates, reflecting localized demand growth compared to the stable pricing in Narendra Nagar and Besa.
Apartments in MIHAN are currently priced at an average of ₹6,700 per sq ft as of Sep 2026. This segment has demonstrated significant growth, having appreciated by 9.6% compared to the previous period, which signals strong demand for apartment-style living in this locality.
First City Harmony is currently the project with the highest listing rate in MIHAN, standing at ₹8,600 per sq ft as of Sep 2026. This rate has remained stable with a 0% change, reflecting its premium positioning within the local real estate market.
Rental rates in the vicinity of MIHAN are currently consistent across key neighbourhoods, with both Manish Nagar and Besa recording an average rental rate of ₹50 per sq ft as of Sep 2026. While Besa has maintained stable rental pricing with a 0% change, Manish Nagar has experienced a depreciation of 4% in rental rates, suggesting a potential softening in demand or an increase in rental inventory in that specific micro-market.
