Mustafapur serves as a dynamic residential node within Patna, currently presenting a clear pricing structure for prospective buyers. The market has navigated recent price shifts, with current valuations settling at ₹5,500 per sq ft. Rental activity in the broader region highlights the Fraser Road area as a steady benchmark for leasing rates. Investors and homeowners alike are monitoring these trends closely to time their entry into this evolving micromarket.
As of June 2026, the average asking price in Mustafapur stands at ₹5,500 per sq ft. This rate has remained stable with a 0% change, indicating a period of price equilibrium in the local residential apartment market.
Property price trends in Mustafapur have shown a slight upward trajectory in the broader micromarket, moving from ₹6,300 per sq ft in December 2025 to ₹6,450 per sq ft by June 2026. While the specific location rate has seen fluctuations in previous quarters, this recent micromarket growth suggests 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 several surrounding areas in Patna. For instance, Bailey Road commands a higher average asking price 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. Other nearby locations like Phulwari Sharif are priced at ₹5,550 per sq ft, showing that Mustafapur remains a competitively priced option within this regional cluster.
Apartments in Mustafapur are currently listed at an average of ₹5,500 per sq ft as of June 2026. This segment has experienced a depreciation of 26.26% when compared to the previous period, reflecting a significant market correction that may offer more attractive entry points for prospective buyers.
Niagree Megha Enclave is a notable project in Mustafapur with a current listing rate of ₹3,000 per sq ft as of June 2026. This rate represents a depreciation of 26.31% compared to the prior period, highlighting a shift in the project's price positioning within the Patna West residential landscape.
While Mustafapur currently shows limited rental activity, the broader Patna region exhibits varied rental benchmarks, such as the Fraser Road Area which maintains an average rental rate of ₹50 per sq ft. This rate has remained stable with a 0% change, suggesting a consistent rental market environment for landlords and tenants in established parts of the city.
