Ranchi
Morabadi stands out as a stable residential hub in Ranchi, currently averaging ₹4,650 per sq ft for property investments. The market has seen balanced price movements over the last few quarters, providing a predictable landscape for prospective homeowners and investors. Rental demand remains steady, particularly for apartment units, with yields reaching 2.58% and monthly rents varying based on unit size. Residents and investors alike benefit from the proximity to key city infrastructure, which keeps the area's real estate profile resilient.
The average asking price in Morabadi is ₹4,650 per sq ft as of Jun 2026. This reflects an appreciation of 3.8% compared to the previous period, signaling a steady demand for residential apartments in this locality.
Property prices in Morabadi have shown a fluctuating trajectory, with the micromarket rate recorded at ₹4,650 per sq ft in Jun 2026, matching the rate seen in Mar 2026. Prior to this, the market saw growth from ₹4,250 per sq ft in Sep 2025 to ₹4,450 per sq ft in Dec 2025, suggesting that the market is currently in a phase of price stabilization.
Property rates in Morabadi, at ₹4,650 per sq ft, sit in the mid-range when compared to surrounding localities. Nearby, Lalpur commands a higher average of ₹5,050 per sq ft (which depreciated by 2.44%), while Bariatu Road is more affordable at ₹4,200 per sq ft (which depreciated by 2.85%). Meanwhile, Doranda has seen significant growth, with rates reaching ₹5,000 per sq ft after appreciating by 4.32%.
As of Jun 2026, the average rental rate in Morabadi is ₹10 per sq ft, a figure that has remained stable with 0% change. The locality currently offers a rental yield of 2.58%, which provides investors with a baseline for potential income generation relative to the capital investment required for residential apartments in the area.
Rental rates in Morabadi vary significantly by unit size, with 2 BHK apartments averaging ₹10,450 per month and 3 BHK apartments averaging ₹20,500 per month as of Jun 2026. These figures help prospective tenants and landlords understand the entry-level costs for smaller units versus the premium associated with larger, family-oriented 3 BHK spaces.
The rental market in Morabadi currently averages ₹10 per sq ft, whereas Bariatu commands a significantly higher average rental rate of ₹50 per sq ft as of Jun 2026. Notably, rental rates in Bariatu have appreciated by 8.33%, indicating a stronger upward pressure on rental demand in that specific neighbourhood compared to the stable rental environment in Morabadi.
The average price for apartments in Morabadi is ₹4,450 per sq ft as of Jun 2026. This price point reflects a depreciation of 4.31% compared to the previous period, which may present a more attractive entry point for buyers looking to invest in residential apartment units in this locality.
