MIHAN, Nagpur, presents a dynamic real estate market with an average asking price of ₹6,114 per sq ft. The property landscape is currently dominated by apartments, which have seen a price adjustment of -4.9% in the recent period. While specific rental yields are not detailed, the average rental rate per square foot stands at ₹23 in localities like Manish Nagar, indicating a steady demand for rental properties. The market shows a consistent trend in pricing, with projections for March 2026 indicating a stable rate around ₹6,114 per sq ft.
MIHAN, Nagpur, exhibits a current asking price of ₹6,114 per sq ft, with a notable shift in apartment prices showing a -4.9% change. Quarterly price trends indicate a slight fluctuation, with rates projected to stabilize around ₹6,114 per sq ft by March 2026, after dipping from previous highs in June 2025. For renters, Manish Nagar offers an average rental rate of ₹23 per sq ft, while Besa averages ₹22 per sq ft, reflecting active rental demand in these micro-markets. The available data does not cover government registration rates or developer-specific transaction volumes, limiting a comprehensive view of market activity.
Comprehensive assessment of your property's current worth in the current market
The asking price in MIHAN currently stands at ₹6,114 per sq ft. Quarterly projections show a downward trend from June 2025 (₹6,655 per sq ft) to a projected ₹6,114 per sq ft by March 2026. This indicates a period of price adjustment and potential stabilization in the coming quarters.
In MIHAN, apartments are the primary property type detailed, with an average price of ₹6,114 per sq ft, reflecting a recent decline of -4.9%. This segment caters to a significant portion of the residential market, with further data needed to assess other property types.
MIHAN's property market showcases varied rates across its localities. Jaitala commands an average price of ₹6,480 per sq ft, while Somalwada is priced higher at ₹8,438 per sq ft. Conversely, areas like Beltarodi and Gotal Pajri are more budget-friendly, averaging ₹4,071 and ₹4,007 per sq ft respectively. Manish Nagar, with an average rate of ₹5,636 per sq ft, has seen a slight decrease of -6.67%.
As of March 2026, the average asking price in MIHAN, Nagpur is ₹6,114 per sq ft. This represents a depreciation of 4.9% from December 2025, when the average asking price was ₹6,429 per sq ft. The current listing count in MIHAN is 0.
Property prices in MIHAN, Nagpur have shown a downward trend over the past year. From June 2025 to March 2026, the average location rate decreased from ₹6,655 per sq ft to ₹6,114 per sq ft. Specifically, prices declined from ₹6,443 per sq ft in September 2025 to ₹6,429 per sq ft in December 2025, and further to ₹6,114 per sq ft by March 2026. This consistent depreciation suggests a softening market or increased supply relative to demand during this period.
Property rates vary significantly across neighborhoods near MIHAN, Nagpur. As of March 2026, Somalwada has the highest average rate at ₹8,438 per sq ft, followed by Narendra Nagar at ₹7,703 per sq ft and Trimurti Nagar at ₹7,094 per sq ft. In contrast, Gotal Pajri and Beltarodi offer more affordable options with average rates of ₹4,007 per sq ft and ₹4,071 per sq ft, respectively. Manish Nagar has seen a depreciation of 6.67% from its previous rate, now standing at ₹5,636 per sq ft.
As of March 2026, the average price for apartments in MIHAN, Nagpur is ₹6,114 per sq ft. This figure reflects a depreciation of 4.9% compared to the previous period, indicating a downward adjustment in apartment prices within the locality.
Rental rates in neighborhoods near MIHAN, Nagpur are currently averaging around ₹23 per sq ft as of March 2026. Manish Nagar shows an average rental rate of ₹23 per sq ft, while Besa has an average of ₹22 per sq ft. Both locations have maintained stable rental rates with no reported change percentage over the comparison period.
The rental yield in MIHAN, Nagpur is currently listed as 'NA' (Not Available). This indicates that specific data on the return on investment through rental income relative to property value is not presently available for this locality.
Among the reported neighborhoods around MIHAN, Manish Nagar offers the highest average rental rate at ₹23 per sq ft as of March 2026. Besa follows closely with an average rental rate of ₹22 per sq ft. Both areas have shown stable rental prices with no change percentage recorded, suggesting consistent rental demand and supply dynamics in these vicinities.
Specific data on rental rates broken down by BHK configuration (e.g., 1 BHK, 2 BHK, etc.) is not available for MIHAN, Nagpur in the current dataset. Therefore, a detailed analysis of rental price variations based on the number of bedrooms cannot be provided at this time.
Information regarding top projects by rental rates in MIHAN, Nagpur is not available in the provided dataset. The 'topProjects' section within 'rentalRates' is empty, meaning there are no specific projects highlighted for their rental performance or premium rental values in this locality.
The Government Registration Rate in MIHAN, Nagpur is currently reported as ₹0 per sq ft. This value suggests that official registration charges or stamp duty data, when factored into property transactions, are not being explicitly tracked or are nominal in this dataset for MIHAN.
The negative 4.9% change percentage in the average asking price for MIHAN, Nagpur, as of March 2026, signifies a depreciation in property values compared to the previous period (December 2025). This downward trend from ₹6,429 per sq ft to ₹6,114 per sq ft may indicate factors such as increased property listings, a softening buyer demand, or a market correction in the locality.
In MIHAN, Nagpur, apartments are the primary property type for which pricing data is available. As of March 2026, the average price for apartments stands at ₹6,114 per sq ft, which has depreciated by 4.9% from the previous period. This indicates a specific price trend for apartments within the locality.
Property Valuation 
