Jamshedpur
Parsudih presents a distinct residential market within Jamshedpur, currently characterized by an average asking price of ₹3,000 per sq ft. The local property landscape is primarily defined by apartment-style living, which has seen a minor valuation shift of -4.64% recently. When evaluating this area, prospective buyers often look at how it compares to surrounding locations like Baridih and Kadma, where average rates climb significantly higher. This geographic spread allows for varied investment strategies, ranging from budget-conscious residential purchases to more premium long-term holdings in neighboring micromarkets.
The current average asking price in Parsudih is ₹3,000 per sq ft as of June 2026. This rate has remained stable with a 0% change compared to the previous period, indicating a period of price consolidation in the local residential apartment market.
Property prices in Parsudih have shown a dynamic trend when looking at the broader micromarket context. While the specific location rate for Parsudih is ₹3,000 per sq ft as of June 2026, the wider micromarket rate has reached ₹4,550 per sq ft in June 2026, up from ₹4,250 per sq ft in March 2026. This upward trajectory in the micromarket suggests growing demand and potential for future appreciation in the surrounding areas.
Property rates in Parsudih, currently at ₹3,000 per sq ft, are generally more accessible compared to several key neighbouring localities in Jamshedpur. For instance, Baridih commands a higher average asking price of ₹7,050 per sq ft, having appreciated by 8.81% from the previous period. Other nearby areas include Sonari at ₹5,100 per sq ft, Kadma at ₹4,450 per sq ft (which appreciated by 7.64%), and Mango at ₹4,300 per sq ft (which appreciated by 5.14%).
Apartment prices in Parsudih currently stand at ₹3,000 per sq ft as of June 2026. This figure reflects a depreciation of 4.64% compared to the prior assessment period. Such a correction can be interpreted as a market adjustment, potentially offering a more attractive entry point for prospective homebuyers looking for residential options in this locality.
