Jaipur
The Murlipura property market has experienced a significant upward trajectory, with current average rates reaching ₹8,550 per sq ft for apartments. This surge is particularly evident when comparing recent quarterly performance, as the location has outpaced several surrounding micromarkets. While rental rates across established areas like Vaishali Nagar and Vidhyadhar Nagar remain steady at ₹50 per sq ft, Murlipura's capital value appreciation highlights its growing appeal for long-term residential investment.
As of March 2026, the average asking price in Murlipura is ₹8,550 per sq ft. This rate has remained stable, showing a 0% change, which typically indicates a period of price consolidation in the local residential market. Prospective buyers should note that this figure applies specifically to apartment-type properties, which currently dominate the local listing landscape.
The property price trend in Murlipura has shown significant volatility in the micromarket rates over the past few quarters. While the location rate was recorded at ₹8,550 per sq ft as of December 2025, the micromarket rate fluctuated from ₹8,950 per sq ft in June 2025 to ₹7,800 per sq ft in September 2025, before settling at ₹8,300 per sq ft as of March 2026. This trajectory suggests a dynamic market environment where investors and end-users should closely monitor quarterly shifts before finalizing purchase decisions.
Property rates vary significantly across neighbourhoods near Murlipura, reflecting diverse market segments. For instance, Chitrakoot currently commands a high average asking price of ₹15,650 per sq ft, though it has seen a depreciation of 22.7% compared to previous periods. In contrast, more accessible areas like Kanakpura and Kalwar Road offer lower entry points at ₹4,200 per sq ft and ₹4,250 per sq ft, respectively, with Kanakpura showing an appreciation of 4.47% and Kalwar Road an appreciation of 8.33%.
Apartments in Murlipura are currently priced at an average of ₹8,550 per sq ft as of March 2026. This segment has shown strong growth, having appreciated by 23.8% compared to the prior period. This upward movement highlights a resilient demand for apartment-style living in the locality, making it a key focus area for those looking to invest in residential units.
Rental rates across neighbourhoods near Murlipura are consistently observed at ₹50 per sq ft as of March 2026. While the rate is uniform across areas like C Scheme, Sodala, and Vaishali Nagar, the market sentiment varies; for example, Vaishali Nagar has seen a rental depreciation of 24% and Vidhyadhar Nagar a depreciation of 18.75% over the observed period. Investors should be aware that while the per-square-foot rent is stable at ₹50 in many locations, the underlying appreciation or depreciation trends reflect shifting tenant demand in these specific pockets.
Investors looking at the Murlipura region should note that while rental rates are currently pegged at ₹50 per sq ft in several surrounding areas, the market is experiencing varying degrees of downward pressure. Areas like Modi Nagar have seen a rental depreciation of 8%, while others like C Scheme and Sodala have maintained stable rental rates with 0% change. Since the overall rental yield for the immediate locality is not currently available, investors should prioritize long-term capital appreciation and local demand drivers when evaluating properties in this vicinity.
You can use this page to evaluate the current average asking price of ₹8,550 per sq ft in Murlipura and compare it against the broader micromarket trends provided. By analyzing the price history from June 2025 to March 2026, you can identify whether the market is currently in an appreciation phase or a period of stability. Additionally, comparing Murlipura's rates with nearby localities like Civil Lines or Gandhi Path helps in determining if you are paying a premium or finding value relative to the wider city market.
