The real estate landscape in Mustafapur currently balances an average asking price of ₹5,500 per sq ft, providing a clear entry point for residential investors. Local property trends show a notable contrast compared to the broader micromarket average of ₹6,300 per sq ft, suggesting a focus on affordability and value-driven development. Apartment inventory serves as the primary asset class, with projects like Niagree Megha Enclave anchoring the local market at an accessible price point. Future growth remains tied to the ongoing development of residential infrastructure in this part of Patna.
As of September 2026, the average asking price in Mustafapur is ₹5,500 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have held steady over the observed period.
The property market in Mustafapur has shown a period of price stability as of September 2026, with the average asking price holding at ₹5,500 per sq ft. While the broader micromarket rates in the area showed fluctuations earlier in 2026—rising from ₹6,300 per sq ft in December 2025 to ₹6,450 per sq ft by June 2026—the current local data reflects a consistent pricing baseline for residential apartments.
Property rates in Mustafapur, currently at ₹5,500 per sq ft, are positioned competitively when compared to surrounding areas in Patna. For instance, Bailey Road commands a higher average of ₹7,350 per sq ft, having appreciated by 11.44% over the relevant period, while Gola Road maintains a stable average of ₹7,000 per sq ft. Other nearby localities like Phulwari Sharif are priced lower at ₹5,400 per sq ft, which saw a depreciation of 2.73%, and Saguna More is currently at ₹5,750 per sq ft, reflecting a 3.45% depreciation.
As of September 2026, the average price for apartments in Mustafapur is ₹5,500 per sq ft. This segment has experienced a significant market adjustment, with prices depreciating by 26.26% compared to the previous period. This downward movement suggests a correction in the apartment segment, providing a potentially more accessible entry point for buyers looking to invest in this locality.
While specific rental data for Mustafapur is currently unavailable, neighbouring areas provide a benchmark for tenants and investors. For example, Boring Road currently commands an average rental rate of ₹50 per sq ft, with rates remaining stable at 0% change. Investors looking at the broader Patna region should monitor these rental benchmarks to gauge potential income returns, as rental yields are highly dependent on the relationship between these monthly rental rates and the prevailing capital values in the specific locality.
Niagree Megha Enclave is a notable residential project in Mustafapur with a current listing rate of ₹3,000 per sq ft as of September 2026. The project's pricing has remained stable with a 0% change, offering a distinct price point compared to the broader locality average of ₹5,500 per sq ft. This lower listing rate may be of interest to budget-conscious buyers seeking entry into the Mustafapur residential market.
