Property rates in MIHAN, Nagpur average ₹6,100 per sq ft, showing a slight downward trend over the past quarter. Notably, apartments have seen a 4.9% decrease in average price. Meanwhile, Manish Nagar, a key locality, offers residential apartments at ₹5,650 per sq ft, a 6.67% dip.
MIHAN, Nagpur's real estate market is currently priced at an average of ₹6,100 per sq ft, with a recent quarterly trend indicating a softening of prices. The market has observed a decrease in the average asking price for apartments by 4.9%. Looking at specific sub-markets, Manish Nagar presents residential apartments at ₹5,650 per sq ft, marking a 6.67% reduction. The rental landscape sees Manish Nagar and Besa both averaging ₹50 per sq ft, with no reported year-on-year change.
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MIHAN has seen fluctuating property asking prices over recent quarters. From ₹6,650 per sq ft in June 2025, the average rate dipped to ₹6,450 in September and December 2025, before settling at ₹6,100 per sq ft for March 2026. This indicates a general downward trend in expected property values.
MIHAN's real estate market currently features apartments with an average price of ₹6,100 per sq ft, experiencing a 4.9% decline. This indicates a softening in the residential apartment segment.
Within MIHAN, Nagpur, residential apartment prices vary across localities. Manish Nagar offers apartments at an average of ₹5,650 per sq ft, which has seen a notable decrease of 6.67%. In contrast, Besa provides residential apartments at a more accessible ₹4,800 per sq ft, showing a modest 2% increase. These figures highlight differing market dynamics within the broader MIHAN region.
Property prices in MIHAN, Nagpur, have shown a downward trend over the last few quarters. From a high of ₹6,650 per sq ft in June 2025, the average asking price decreased to ₹6,450 per sq ft by September and December 2025. As of March 2026, the price has further declined to ₹6,100 per sq ft. This consistent depreciation suggests a market correction or potentially increased supply impacting overall price levels.
Property rates vary significantly across micro-markets near MIHAN, Nagpur. Manish Nagar, for instance, has an average rate of ₹5,650 per sq ft as of March 2026, which has depreciated by 6.67% over the recent period. In contrast, Besa shows an average rate of ₹4,800 per sq ft, having appreciated by 2%. This suggests that while Manish Nagar has seen a price dip, Besa has experienced a modest increase, offering different investment or buying considerations.
The average price for apartments in MIHAN, Nagpur, was ₹6,100 per sq ft as of March 2026. This segment has experienced a depreciation of 4.9% in its average price over the recent period. This indicates that while apartments remain the primary property type considered, their market value has seen a slight decrease.
As of March 2026, rental rates in micro-markets near MIHAN, Nagpur, are showing stability. Both Manish Nagar and Besa report an average rental rate of ₹50 per sq ft, with no change percentage indicated, suggesting a steady rental market in these areas. This stability in rental income could be a factor for investors considering buy-to-let properties in the vicinity.
In the micro-markets near MIHAN, Nagpur, rental rates in Manish Nagar and Besa are currently identical, both standing at ₹50 per sq ft as of March 2026. There has been no reported change percentage for either locality, indicating a period of rental price stability in both areas. This uniformity might suggest similar demand-supply dynamics or tenant profiles in these adjacent neighbourhoods.
The current property price trend in MIHAN, Nagpur, shows a depreciation of 4.9% as of March 2026, with the average asking price at ₹6,100 per sq ft. This downward movement from previous quarters, where prices were higher, could signal a buyer's market with potential for negotiation. Investors might see this as an opportunity for capital appreciation if the market rebounds, while end-users could benefit from more accessible pricing.
The average asking price for apartments in MIHAN, Nagpur, is ₹6,100 per sq ft as of March 2026. This is higher than the average rate in Manish Nagar (₹5,650 per sq ft) but significantly higher than in Besa (₹4,800 per sq ft). While MIHAN's apartment prices have depreciated by 4.9%, Manish Nagar has seen a larger depreciation of 6.67%, and Besa has appreciated by 2%, suggesting varied market dynamics across these areas.
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