Morabadi, Ranchi, presents a current asking price of ₹4,642 per sq ft, with a projected increase to ₹4,642 per sq ft by Mar 2026. The rental market shows an average rate of ₹10 per sq ft with a rental yield of 2.59%. Apartments, particularly 2 BHK units, are available for rent averaging ₹10,694 per month, while 3 BHK units command approximately ₹20,000 per month.
The real estate market in Morabadi, Ranchi, is showing a steady upward trend with the average asking price projected to reach ₹4,642 per sq ft by Mar 2026, up from ₹4,258 in Sep 2025. This growth is supported by a healthy rental market, boasting an average rental rate of ₹10 per sq ft and a rental yield of 2.59%. Specifically, 2 BHK apartments are fetching around ₹10,694 per month, and 3 BHK apartments are available for approximately ₹20,000 per month. Notably, localities like Kanke offer competitive rental rates at ₹14 per sq ft, while Bariatu and Lalpur are priced at ₹12 and ₹13 per sq ft respectively. The property type analysis indicates apartments are priced at an average of ₹4,642 per sq ft, experiencing a 3.8% increase.
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Morabadi's property market is experiencing a positive price trend, with asking rates anticipated to climb steadily. From ₹4,258 per sq ft in September 2025, prices are expected to rise to ₹4,472 by December 2025 and further to ₹4,642 by March 2026. This consistent upward movement suggests growing buyer confidence and increasing property values in the area.
In Morabadi, Ranchi, the real estate market is primarily focused on apartments, which currently average ₹4,642 per sq ft. This segment has seen a positive growth of 3.8%, indicating strong demand and increasing value for apartment living in the area.
Several micro-markets within Morabadi contribute to its diverse real estate landscape. Upper Bazar stands out with the highest average rate at ₹5,637 per sq ft, while areas like Kumhartoli and Piska More offer more affordable options, averaging ₹4,103 and ₹4,194 per sq ft respectively. Kokar is priced at ₹4,721 per sq ft, and Lalpur commands ₹5,028 per sq ft. These variations provide a spectrum of choices for potential buyers.
In Morabadi, Ranchi, the rental market shows distinct demand across different BHK configurations. Two-bedroom apartments (2 BHK) are averaging ₹10,694 per month, while three-bedroom apartments (3 BHK) command a higher average of ₹20,000 per month, indicating a preference for larger living spaces.
Rental rates vary across Morabadi's micro-markets, with Kanke showing the highest average at ₹14 per sq ft, followed by Lalpur at ₹13 per sq ft, and Bariatu at ₹12 per sq ft. These figures provide a clear comparison for renters looking for specific affordability levels within the area.
As of March 2026, the average asking price in Morabadi, Ranchi, stands at ₹4,642 per sq ft. This represents an appreciation of 3.8% from the previous period, indicating a positive trend in property values within the locality. The current listing count for properties in Morabadi is 22.
Property prices in Morabadi, Ranchi, have shown an upward trajectory over the past year. From ₹4,354 per sq ft in June 2025, prices rose to ₹4,642 per sq ft by March 2026, reflecting a consistent increase. The price per sq ft was ₹4,258 in September 2025 and ₹4,472 in December 2025, demonstrating a steady climb in asking rates.
In Morabadi, Ranchi, the average asking price as of March 2026 is ₹4,642 per sq ft. However, the provided data indicates a Government Registration Rate of ₹0 per sq ft. This significant difference suggests that the listed asking prices are substantially higher than the government's benchmark rates for property transactions in the area.
Property rates vary across the micromarkets surrounding Morabadi, Ranchi. As of March 2026, Upper Bazar has the highest average rate at ₹5,637 per sq ft, followed by Kanke at ₹5,357 per sq ft and Lalpur at ₹5,028 per sq ft. Conversely, areas like Kumhartoli, Khelgaon, and Piska More offer more affordable options, with average rates around ₹4,103 to ₹4,194 per sq ft.
The average price for apartments in Morabadi, Ranchi, was ₹4,642 per sq ft as of March 2026. This segment has seen a notable appreciation of 3.8% over the period, indicating a growing demand or value perception for apartment properties in the locality.
The average rental rate in Morabadi, Ranchi, is ₹10 per sq ft as of March 2026. For property investors, the rental yield in the area is approximately 2.59%. This figure suggests the potential annual return on investment from rental income relative to the property's capital value, offering a key metric for investment analysis.
In Morabadi, Ranchi, rental rates for residential apartments vary by configuration. A 2 BHK apartment typically commands an average rent of ₹10,694 per month, while a larger 3 BHK apartment averages around ₹20,000 per month as of March 2026. These figures provide a clear picture of rental income potential for different unit sizes.
Rental rates in neighborhoods near Morabadi, Ranchi, show variations. Kanke offers the highest average rental rate at ₹14 per sq ft, followed by Lalpur at ₹13 per sq ft, and Bariatu at ₹12 per sq ft, as of March 2026. These rates are higher than the overall average for Morabadi, suggesting these adjacent areas might be more in demand for rentals.
The property price trend in Morabadi, Ranchi, indicates a positive market sentiment, with prices appreciating from ₹4,354 per sq ft in June 2025 to ₹4,642 per sq ft in March 2026. This consistent upward movement suggests increasing demand and potential for capital appreciation, which could be attractive for investors. For buyers, it implies that property values are on the rise, potentially requiring a higher investment for future purchases.
Among the micromarkets near Morabadi, Ranchi, Bariatu Road and Bariatu have seen recent price adjustments. Bariatu Road's average rate depreciated by 2.85% to ₹4,193 per sq ft, and Bariatu's average rate decreased by 2.93% to ₹4,406 per sq ft, as of March 2026. Lalpur also experienced a depreciation of 2.44%, with its average rate at ₹5,028 per sq ft.
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