Ranchi
The real estate landscape in Morabadi demonstrates a balanced environment for both homeowners and investors. Current property valuations remain grounded at ₹4,450 per sq ft, showing resilience in the local market. Rental activity is particularly active, with average rents reaching ₹10 per sq ft and a healthy rental yield of 2.70%. This combination of stable capital values and consistent rental demand positions the locality as a reliable choice for long-term residential investment.
The average asking price in Morabadi stands at ₹4,450 per sq ft as of Sep 2026. This figure reflects a depreciation of 4.31% over the observed period, indicating a recent market adjustment in this residential locality.
Property price trends in Morabadi have shown a recovery trajectory in the most recent quarter, with the location rate rising to ₹4,700 per sq ft in Sep 2026 from ₹4,450 per sq ft in Jun 2026. This upward movement suggests a strengthening of demand following the price fluctuations observed between Dec 2025 and Jun 2026.
Property rates in Morabadi can be contextualized by comparing them to surrounding areas like Lalpur, which commands a higher average asking price of ₹5,100 per sq ft (up 1.03%), and Kanke, where rates remain stable at ₹4,850 per sq ft as of Sep 2026. Bariatu also presents a competitive option with an average asking price of ₹4,450 per sq ft, which has appreciated by 0.79%.
Apartments in Morabadi are currently priced at an average of ₹4,700 per sq ft as of Sep 2026. This segment has seen significant growth, with prices appreciating by 5.74% compared to the previous period, highlighting a strong preference for apartment-style living in this locality.
The average rental rate in Morabadi is ₹10 per sq ft as of Sep 2026, a rate that has remained stable with 0% change over the recent period. The locality offers a rental yield of 2.70%, providing investors with a baseline metric to evaluate the income-generating potential of their residential assets relative to the current capital values.
Tenants looking for residential space in Morabadi can expect an average monthly rent of ₹17,000 for a 2 BHK apartment and ₹20,350 for a 3 BHK apartment as of Sep 2026. These figures provide a clear range for renters to budget their housing costs and for landlords to benchmark their expected monthly returns.
Apartments in Morabadi command an average rental rate of ₹50 per sq ft, which has seen a notable appreciation of 30% as of Sep 2026. In comparison, Bariatu also maintains an average rental rate of ₹50 per sq ft, which has appreciated by 8.33% over the same period, indicating a robust rental market across these neighbouring localities.
Investors should view the Morabadi data by balancing the current average asking price of ₹4,450 per sq ft against the rental yield of 2.70% as of Sep 2026. While the capital price has experienced a 4.31% depreciation, the recent quarterly uptick in location rates to ₹4,700 per sq ft suggests a potential stabilization that investors can monitor for long-term entry opportunities.
