Mustafapur serves as a key residential hub in Patna, with property rates currently averaging ₹5,500 per sq ft. The market has undergone a recalibration in recent months, moving from higher valuations observed earlier in the year toward a more accessible pricing structure. Rental activity in the broader region is highlighted by areas like Boring Road, which commands an average rental rate of ₹50 per sq ft. This dynamic environment offers a mix of established residential options and emerging project developments for prospective buyers.
As of June 2026, the average asking price in Mustafapur is ₹5,500 per sq ft. This rate has remained stable, showing 0% change compared to the previous period, which suggests a balanced market environment for residential apartments 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 growth over the last two quarters indicates a steady demand for residential properties in the area.
Property rates in Mustafapur, currently at ₹5,500 per sq ft, are generally more accessible compared to premium corridors like Bailey Road (₹7,350 per sq ft) and Gola Road (₹7,000 per sq ft). Other nearby areas show varying price points, such as Danapur at ₹6,750 per sq ft and Anisabad at ₹6,550 per sq ft, while more budget-friendly options can be found in Phulwari Sharif at ₹5,400 per sq ft.
As of June 2026, the average price for apartments in Mustafapur is ₹5,500 per sq ft. This figure reflects a depreciation of 26.26% when compared to the previous period, which may be attributed to a market correction or shifts in the local supply-demand dynamics for apartment-style housing.
While specific rental data for Mustafapur is currently limited, the nearby Boring Road area commands an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with 0% change, reflecting a consistent rental market in the broader Patna region.
Niagree Megha Enclave is a key residential project in Mustafapur, currently listed with an average rate of ₹3,000 per sq ft as of June 2026. The pricing for this project has remained stable with 0% change, offering a distinct entry point for buyers looking for residential options within this specific locality.
