Pune
Nanded presents a balanced residential market with consistent demand across various construction stages, offering options ranging from ready-to-move apartments to new project launches. The rental market remains active, providing a rental yield of 3.46% with average monthly rents for 2 BHK units at ₹23,600. Government registration data highlights significant momentum, with 266 transactions recorded recently, totaling a gross value of ₹261 Cr. The development landscape is heavily influenced by Nanded City, which continues to drive both transaction volumes and high-value project delivery. Investors and homebuyers can leverage this stability, as the micromarket maintains a competitive pricing structure compared to surrounding regions.
The average asking price in Nanded is ₹10,750 per sq ft as of March 2026. This figure reflects a minor depreciation of 0.07% compared to the previous period, indicating a period of relative price stability for residential apartments in this locality.
As of March 2026, the average asking price in Nanded stands at ₹10,750 per sq ft, which is higher than the Government Registration Rate of ₹9,000 per sq ft. Buyers should note that the Government Registration Rate is used for stamp duty and registration calculations, while the market-driven asking price reflects current seller expectations and transaction trends in the area.
The rental yield in Nanded is 3.46% as of March 2026, which provides a key metric for investors to evaluate the income-generating potential of their property relative to its capital value. While the overall average rental rate is ₹31 per sq ft, it has seen a depreciation of 11.43% compared to the previous period, suggesting that investors should carefully balance potential rental income against the current market price of ₹10,750 per sq ft.
As of March 2026, rental rates in Nanded follow a clear progression based on unit size: Studio apartments average ₹8,400 per month, 1 BHK units average ₹14,300 per month, 2 BHK units average ₹23,600 per month, and 3 BHK units average ₹28,900 per month. This range allows tenants to choose a configuration that fits their budget, while landlords can use these benchmarks to price their units competitively based on the specific BHK type.
Among the top projects in Nanded as of March 2026, Nanded City Pancham leads with a rental rate of ₹35 per sq ft, though it has experienced a depreciation of 5.41% compared to the prior period. Other notable projects include Nanded City Mangal Bhairav at ₹33 per sq ft (which saw a 13.16% depreciation) and Purava Srushti Apartment at ₹33 per sq ft, where rates have remained stable. These variations highlight how specific project amenities and maintenance levels influence rental premiums within the locality.
Property prices in Nanded have shown a mixed trajectory leading up to March 2026. The average asking price was ₹11,200 per sq ft in June 2025, peaked at ₹11,300 per sq ft in September 2025, and has since stabilized at ₹10,750 per sq ft in both December 2025 and March 2026. This recent stability suggests a balanced market where demand and supply are currently aligning after the fluctuations observed earlier in 2025.
As of March 2026, Ready To Move properties in Nanded are priced at an average of ₹9,350 per sq ft, having appreciated by 4.03% compared to the previous period. In contrast, Under Construction projects are priced at ₹9,400 per sq ft, reflecting a significant appreciation of 23.36% over the same timeframe. This narrow price gap suggests that buyers are currently showing strong interest in both segments, with the higher growth rate in under-construction units potentially signaling confidence in future project delivery.
Property prices vary significantly across the region as of March 2026. Karve Nagar is one of the premium areas with an average asking price of ₹18,600 per sq ft, while Nanded sits at ₹10,750 per sq ft. More affordable options are available in areas like Narhe, which averages ₹7,450 per sq ft (having appreciated by 2.41% compared to the previous period), and Dhayari, which averages ₹8,450 per sq ft (having appreciated by 2.31% compared to the previous period).
Nanded City is the leading developer in the area, recording 15 transactions as of March 2026. Their prominence in the market, as evidenced by their transaction volume, highlights their significant footprint in shaping the residential landscape of Nanded.
Buyers should use the data as a baseline to compare the asking price of ₹10,750 per sq ft against their budget and the specific project status. By reviewing the price trends, such as the stability observed between December 2025 and March 2026, and comparing the average rates of different property types like villas (₹12,400 per sq ft) versus apartments (₹10,750 per sq ft), buyers can make more informed decisions about whether to prioritize immediate occupancy or long-term investment in under-construction projects.
