Kolkata
The Kolkata real estate market reflects a steady upward trajectory, characterized by a balanced mix of residential stability and commercial appreciation. Recent quarterly data shows city-wide rates climbing from ₹6,300 to ₹6,400 per sq ft, signaling renewed buyer confidence. Rental activity remains active, particularly within the residential sector, where diverse unit configurations cater to varying demographic needs. Developers are focusing on strategic inventory, with a strong emphasis on well-located ready-to-move projects.
As of June 2026, the average asking price in Kolkata stands at ₹6,400 per sq ft. This figure reflects an appreciation of 1.43% compared to the previous period, indicating a steady demand for residential apartments across the city. Monitoring this average provides a reliable benchmark for both buyers and investors to assess market entry points.
Property prices in Kolkata have shown a generally stable trajectory, with the average asking price moving from ₹6,300 per sq ft in December 2025 to ₹6,400 per sq ft in March 2026. While the market saw a slight fluctuation to ₹6,450 per sq ft in September 2025, the current pricing suggests a resilient market environment for residential real estate as of June 2026.
Property rates in Kolkata vary significantly by type as of June 2026, with shops commanding the highest average price at ₹16,600 per sq ft, which has appreciated by 25.98% over the analyzed period. Office spaces are priced at ₹10,350 per sq ft, reflecting a depreciation of 6.28%, while villas are valued at ₹8,850 per sq ft, showing a notable appreciation of 33.25%. Apartments remain the most common residential choice at ₹6,400 per sq ft, having appreciated by 1.43%.
As of June 2026, Ready To Move properties in Kolkata are priced at an average of ₹6,400 per sq ft, which has depreciated by 2.73% compared to the prior period. In contrast, Under Construction projects are currently priced higher at ₹7,000 per sq ft, though this segment has seen a depreciation of 5.29% over the same timeframe. This pricing dynamic suggests that buyers are currently finding more competitive value in newer, under-construction inventory compared to the established ready-to-move segment.
The average rental yield in Kolkata is 4.13% as of June 2026, providing a key indicator for investors to evaluate the income-generating potential of their property assets. With an average rental rate of ₹22 per sq ft, which has seen a depreciation of 8.33% compared to the previous period, investors should weigh this yield against the capital appreciation trends in the city to determine the long-term viability of their rental portfolios.
As of June 2026, rental rates in Kolkata scale with the size of the unit, with 1 BHK apartments averaging ₹13,100 per month, 2 BHK units at ₹18,800 per month, 3 BHK units at ₹24,450 per month, and 4 BHK units reaching ₹50,100 per month. These figures help tenants and landlords understand the market positioning for various residential needs, with the higher-end 4 BHK segment reflecting a significant premium compared to smaller configurations.
As of June 2026, premium projects in Kolkata such as Bengal Peerless Avidipta and Unitech Fresco Kolkata lead the market with current rental rates of ₹35 per sq ft and ₹33 per sq ft, respectively. Other notable projects include Ambuja Utalika: The Condoville at ₹33 per sq ft (which appreciated by 6.45%) and Shapoorji Pallonji Shukho Brishti at ₹28 per sq ft (which appreciated by 7.69%). These projects are highly sought after due to their specific locations and amenities, often commanding higher rents than the city's average rental rate of ₹22 per sq ft.
Rental rates in Kolkata as of June 2026 show a clear distinction between commercial and residential assets: showrooms, shops, and office spaces all command an average rental rate of ₹100 per sq ft. Showrooms have seen a depreciation of 26.71%, while shops and office spaces depreciated by 1.63% and 5% respectively. Residential options like villas and apartments are more affordable, both averaging ₹50 per sq ft, with villas remaining stable at 0% change and apartments experiencing an 8.33% depreciation.
As of June 2026, property rates in Howrah and Hooghly show diverging trends: Howrah has an average asking price of ₹3,100 per sq ft, reflecting a healthy appreciation of 5.2% over the analyzed period. Conversely, Hooghly is priced at ₹3,500 per sq ft but has experienced a depreciation of 9% during the same timeframe, suggesting a market correction in that specific area.
