Bhubaneswar, the capital of Odisha, has emerged as one of the fastest-growing real estate destinations in Eastern India. With rapid infrastructure development, IT parks, educational institutions, and smart city initiatives, demand for 3 BHK flats in Bhubaneswar has increased significantly. Families, professionals, and investors prefer 3 BHK apartments due to spacious layouts, comfort, and long-term value.
In this blog, we’ll explore the latest 3 BHK flat price in Bhubaneswar, area-wise pricing, factors affecting cost, best locations, and expert buying tips.
Current 3 BHK Flat Price in Bhubaneswar (2026)
| Area | Price Range (₹) |
|---|---|
| Patia | 85 Lakhs – 1.3 Cr |
| Chandrasekharpur | 80 Lakhs – 1.2 Cr |
| Kharavela Nagar | 1.1 Cr – 1.6 Cr |
| Old Town | 65 Lakhs – 95 Lakhs |
| AIIMS / Sijua | 70 Lakhs – 1.1 Cr |
| Jharapada | 75 Lakhs – 1.2 Cr |
👉 Average Price: ₹5,200 – ₹7,800 per sq.ft.
Best Areas to Buy a 3 BHK Flat in Bhubaneswar
1. Patia
Patia is a prime residential and IT hub. Close to Infocity, schools, hospitals, and malls.
✔ Ideal for IT professionals
✔ High rental demand
✔ Modern gated communities
2. Chandrasekharpur
A well-planned locality with wide roads and premium apartments.
✔ Peaceful environment
✔ Good appreciation value
✔ Close to railway & airport
3. Kesura
One of the most premium and central locations.
✔ Luxury living
✔ Excellent connectivity
✔ High resale value
Factors Affecting 3 BHK Flat Prices in Bhubaneswar
- Location & connectivity
- Carpet area & super built-up area
- Amenities (lift, parking, clubhouse, security)
- Builder reputation
- Nearby infrastructure (metro, highways, hospitals)
Amenities That Increase Property Value
- Covered parking
- Power backup
- Lift & CCTV
- Children’s play area
- Community hall & gym
Is Buying a 3 BHK Flat in Bhubaneswar a Good Investment?
Yes. Bhubaneswar offers:
- Steady price appreciation
- High rental yield
- Growing job market
- Smart City development
Investors can expect 8–12% annual appreciation in emerging locations.
Buying Tips for 3 BHK Flats
✔ Verify RERA registration
✔ Check carpet area
✔ Understand maintenance charges
✔ Inspect construction quality
✔ Choose reputed developers
If you are planning to buy a spacious and future-ready home, investing in a 3 BHK flat in Bhubaneswar is a smart decision. With multiple options across budget and premium segments, now is the right time to invest.
