Is now a good time to buy a property in Bhubaneswar?
Official NHB RESIDEX data puts the average carpet-area price in Bhubaneswar at ₹9,272/sq ft for the quarter ending Jun 2026, up 4.1% from a year earlier. Over five years prices have compounded at +15.2% a year. Annual growth is running 7.4 points below the city's long-run pace of +11.5%.
Bhubaneswar price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹8,765/sq ft |
| 646 – 1,184 sq ft | ₹9,944/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹8,521/sq ft |
Frequently asked questions
Is now a good time to buy a property in Bhubaneswar?
As of Jun 2026, our buy-timing signal for Bhubaneswar is BUY — prices are projected to rise about +7.6% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Seasonally, prices tend to be softest around Sep 2026. Buy-timing score: 76/100.
Will property prices in Bhubaneswar go down in 2027?
The model projects +7.6% over the next 12 months: about ₹9,981/sq ft by Jun 2027, with an 80% range of ₹9,323/sq ft–₹10,686/sq ft (today ₹9,272/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in Bhubaneswar?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹9,272/sq ft on average (carpet area): ₹8,765/sq ft for homes up to 646 sq ft, ₹9,944/sq ft for 646–1,184 sq ft and ₹8,521/sq ft above 1,184 sq ft.
What is the cheapest time of year to buy in Bhubaneswar?
Historically, prices in Bhubaneswar run lowest in July–September, about 0.4% below the annual average, and highest in Q1.
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.