Mustafapur serves as a noteworthy residential hub within Patna, currently commanding an average property rate of ₹5,500 per sq ft. The market has seen a notable adjustment in pricing over the last two quarters, reflecting a recalibration of values compared to the wider micromarket benchmark of ₹6,300 per sq ft. Rental activity in the broader region is highlighted by areas like Fraser Road, which maintains an average rental rate of ₹50 per sq ft.
As of June 2026, the average asking price in Mustafapur stands at ₹5,500 per sq ft. This rate has remained stable, showing a 0% change compared to previous reporting periods, which suggests a period of price consolidation in this locality.
The micromarket rate in Mustafapur has shown a gradual upward trajectory, moving from ₹6,300 per sq ft in December 2025 to ₹6,450 per sq ft as of June 2026. This consistent quarterly increase reflects resilient demand in the area, providing a positive signal for investors tracking long-term value growth in the region.
Property prices in Mustafapur, at ₹5,500 per sq ft, are positioned competitively when compared to surrounding areas. For instance, Bailey Road commands a higher average of ₹6,600 per sq ft, while Danapur and Rukanpura are priced at ₹6,550 per sq ft and ₹6,450 per sq ft, respectively. Conversely, areas like Ashiana Nagar offer a slightly lower entry point at ₹5,450 per sq ft, allowing buyers to benchmark Mustafapur against a range of nearby residential options.
Apartments in Mustafapur are currently priced at an average of ₹5,500 per sq ft as of June 2026. This segment has experienced a depreciation of 26.26% compared to the previous period, which may present a strategic entry point for buyers looking for value-oriented residential assets in the current market environment.
While specific rental data for Mustafapur is limited, the broader Patna region shows rental activity in key areas such as the Fraser Road Area, which maintains an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a steady rental market that investors can use as a reference point when evaluating the income potential of properties in the vicinity.
Niagree Megha Enclave is a key project in Mustafapur, currently listed at ₹3,000 per sq ft as of June 2026. This project has seen a depreciation of 26.31% compared to the previous period, which is a significant signal for prospective buyers to investigate the project's specific value proposition and current market positioning.
