Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Kolkata Real Estate Market Overview

The Kolkata real estate market demonstrates a consistent upward trend in property valuations, supported by a healthy mix of residential and commercial inventory. While ready-to-move projects provide stable options for immediate occupancy, the city also sees significant interest in new launches and mid-stage developments. Rental demand remains strong, particularly for apartments where yields hover around 4.13%, driven by a diverse range of unit configurations. Investors are increasingly looking at commercial assets, where shops and office spaces command significantly higher per-square-foot rates compared to residential units.

  • Shops have seen a significant annual growth of 25.98%, with average prices now at ₹16,600 per sq ft.
  • Ready-to-move residential units remain the most available category with 797 projects, averaging ₹6,400 per sq ft.
  • Howrah has emerged as a growing micromarket, recording a 5.2% increase in property rates to ₹3,100 per sq ft.
  • Rental rates for 4 BHK apartments reach an average of ₹60,000 per month, showcasing demand for larger living spaces.
  • Premium projects like Master Amara in Alipore are leading the luxury segment with rates reaching ₹23,000 per sq ft.

Market Strengths
  • Strong rental yields of 4.13% support long-term residential investment.
  • Shops show exceptional market strength with a 25.98% growth rate.
  • Apartments maintain a positive growth trend of 6.53% with an average price of ₹6,800 per sq ft.
  • Howrah micromarket shows resilience with a 5.2% growth in property rates.
  • Commercial office spaces continue to attract value with a 7.79% annual increase.
  • Advanced Stage residential projects are seeing high demand with a 29.22% price growth.
Market Challenges
  • Villa prices have seen a significant correction of -30.42%, indicating a soft market for this segment.
  • Under Construction projects have experienced a price decrease of -14.44%, reflecting current market adjustments.
  • Hooghly has seen a price decline of -9%, suggesting a cooling period for that micromarket.
  • Partially Ready To Move projects currently show a price trend of -6.8%.
  • Ready To Move inventory prices have seen a minor adjustment of -2.77%.
Investment Opportunities
  • Shops offer high capital appreciation potential with a 25.98% annual growth rate.
  • Apartment rentals for 4 BHK units provide a high monthly income potential averaging ₹60,000.
  • Mid Stage projects currently offer growth potential with a 10.42% price increase.
  • Office spaces remain a stable investment choice, currently valued at ₹11,150 per sq ft with a 7.79% growth.
  • Rental yields of 4.13% make residential apartments an attractive option for income-focused investors.
Top Micromarkets in Kolkata

North Kolkata

Avg Price ₹ 4,700 /Sq.Ft.
YOY + 1.79 %
Avg Rent ₹ 17 /Sq.Ft.
YIELD + 4.34
LISTINGS 460

South Kolkata

Avg Price ₹ 6,550 /Sq.Ft.
YOY + 3.22 %
Avg Rent ₹ 32 /Sq.Ft.
YIELD + 5.86
LISTINGS 921

East Kolkata

Avg Price ₹ 7,350 /Sq.Ft.
YOY + 3.1 %
Avg Rent ₹ 24 /Sq.Ft.
YIELD + 3.92
LISTINGS 1,004

Central Kolkata

Avg Price ₹ 10,550 /Sq.Ft.
Avg Rent ₹ 25 /Sq.Ft.
YIELD + 2.84
LISTINGS 284

North Central

Avg Price ₹ 4,300 /Sq.Ft.
YOY -2.17 %
LISTINGS 109

Howrah

Avg Price ₹ 3,100 /Sq.Ft.
YOY + 5.2 %
LISTINGS 21

Hooghly

Avg Price ₹ 3,500 /Sq.Ft.
YOY -9 %
LISTINGS 28
Price Trend

Kolkata Property Price Trends and Appreciation

Property rates in Kolkata have trended upward over the last several quarters, rising from ₹6,300 per sq ft in December 2025 to ₹6,800 per sq ft by June 2026. This steady climb follows a period of minor fluctuations earlier in 2025, signaling renewed confidence in the city's real estate potential. The current average of ₹6,400 per sq ft reflects this sustained growth pattern.
Asking Price Trends
₹ 6,400/Sq.Ft + 1.43 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 6800
Mar 2026 6400
Dec 2025 6300
Sep 2025 6450
About Asking Price Trends
Kolkata Property Price Comparison
  • By Micromarket
  • By Property Type
  • By Property Status
Micro Market Rate (₹/Sq.Ft) Change %
Howrah 3,100 5.2
Hooghly 3,500 -9
Kolkata's micromarket landscape offers varied price points for investors and homebuyers. Howrah currently averages ₹3,100 per sq ft and has recorded a positive growth of 5.2%. In contrast, Hooghly stands at ₹3,500 per sq ft, despite a recent adjustment of -9% in its average rate. These areas provide distinct entry points, with Howrah showing a more favorable growth trend for those prioritizing capital appreciation.
Type Rate (₹/Sq.Ft) Change %
Shop 16,600 26
Office Space 11,150 7.8
Villa 6,150 -30.4
Apartment 6,800 6.5
Kolkata's real estate market caters to diverse buyer preferences across property categories. Commercial spaces, particularly shops, lead the premium segment at ₹16,600 per sq ft, experiencing a notable growth of 25.98%. Residential options like apartments are priced at ₹6,800 per sq ft with a 6.53% increase, while villas are available at ₹6,150 per sq ft, reflecting a -30.42% adjustment. Office spaces round out the market at ₹11,150 per sq ft, showing a steady growth of 7.79%.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 844 6,405 -2.7
Under Construction 198 6,350 -14.4
New Launch 370 6,100 -0.4
The Kolkata market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 797 units, averages ₹6,400 per sq ft, appealing to immediate occupancy seekers. Under Construction projects present 198 opportunities at ₹6,350 per sq ft, while Mid Stage projects are priced at ₹7,200 per sq ft after a 10.42% increase. This diverse supply mix enables buyers to balance possession timing with their specific pricing preferences.
Project & Developer Insights

Top Residential Projects and Developers in Kolkata

Top Projects in Kolkata
Salarpuria Meraki is the top project in Kolkata with prices from ₹ 96.72 Lac to 1.02 Cr.
Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr
  • South Kolkata, Kolkata
Godrej Zen Estate ₹ 45 L - ₹ 90 L
  • Kolkata Suburbs, Kolkata
Godrej Orchard ₹ 53 L - ₹ 90.7 L
  • South Kolkata, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr
  • Central Kolkata, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L
  • Howrah, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 51.3 L - ₹ 77.49 L
  • Howrah, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Kolkata
Mayfair Housing leads in Kolkata with 25 projects and 52 years of experience.
DLF
Mayfair Housing ₹ 13.16 L - ₹ 77.62 L
  • 25 Projects
  • 52 Years
DLF
Godrej ₹ 45 L - ₹ 8.01 Cr
  • 11 Projects
  • 29 Years
DLF
Tata ₹ 37.42 L - ₹ 9.55 Cr
  • 8 Projects
  • 35 Years
DLF
Salarpuria Sattva Group ₹ 48.09 L - ₹ 4.97 Cr
  • 6 Projects
DLF
Shapoorji Pallonji ₹ 13.76 L - ₹ 1.19 Cr
  • 6 Projects
DLF
Shriram Properties ₹ 15.95 L - ₹ 61.65 L
  • 4 Projects
  • 24 Years
DLF
DLF ₹ 96.24 L - ₹ 3.18 Cr
  • 1 Projects
  • 70 Years
DLF
Ekta World ₹ 91.87 L - ₹ 1.48 Cr
  • 8 Projects
  • 31 Years
DLF
Ashoka Builders
  • 1 Projects
DLF
Merlin Group ₹ 15 L - ₹ 4.69 Cr
  • 69 Projects
  • 35 Years
View More
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Kolkata are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Master Amara in Alipore is priced at ₹23,000 per sq ft with a 71.55% increase, setting a high-value benchmark. Tata 88 East at Alipore follows with ₹21,000 per sq ft, while Godrej Platinum is priced at ₹20,600 per sq ft. These top-tier developments, including South City at ₹16,600 per sq ft, represent the aspirational segment of the market.
Top rental projects such as Bengal Peerless Avidipta and Unitech Fresco Kolkata command rates of ₹35 and ₹33 per sq ft respectively. Projects like Ambuja Utalika: The Condoville are seeing rental growth of 6.45%, while Shapoorji Pallonji Shukho Brishti has recorded a 7.69% increase, reaching ₹28 per sq ft.
Rental Trends

Rental Trends and Average Rent in Kolkata

Rental demand is segmented by unit size, with 1 BHK apartments averaging ₹14,750 per month. Larger 2 BHK and 3 BHK units command similar price points at ₹24,650 and ₹25,100 per month respectively. For those seeking expansive living, 4 BHK units are priced at a premium, averaging ₹60,000 per month. Commercial rental rates show significant variation, with showrooms and shops leading at ₹200 per sq ft, reflecting growth of 106.54% and 49.59% respectively. Office spaces maintain a steady rental rate of ₹100 per sq ft. Residential properties like villas and apartments are more affordably priced for rent at ₹50 per sq ft. Top rental projects such as Bengal Peerless Avidipta and Unitech Fresco Kolkata command rates of ₹35 and ₹33 per sq ft respectively. Projects like Ambuja Utalika: The Condoville are seeing rental growth of 6.45%, while Shapoorji Pallonji Shukho Brishti has recorded a 7.69% increase, reaching ₹28 per sq ft.
Kolkata Rent Comparison
  • By Unit Type
  • By Property Type
Unit Type Rate (₹)
1 Bhk 14,750
2 Bhk 24,650
3 Bhk 25,100
4 Bhk 60,000
Rental demand is segmented by unit size, with 1 BHK apartments averaging ₹14,750 per month. Larger 2 BHK and 3 BHK units command similar price points at ₹24,650 and ₹25,100 per month respectively. For those seeking expansive living, 4 BHK units are priced at a premium, averaging ₹60,000 per month.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 200 106.5
Shop 200 49.6
Office Space 100 -
Villa 50 -
Apartment 50 -
Commercial rental rates show significant variation, with showrooms and shops leading at ₹200 per sq ft, reflecting growth of 106.54% and 49.59% respectively. Office spaces maintain a steady rental rate of ₹100 per sq ft. Residential properties like villas and apartments are more affordably priced for rent at ₹50 per sq ft.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft

Top Localities in Kolkata By Property Prices

Avg. Asking Price ₹ 19,800 /Sq.Ft
Avg. Asking Price ₹ 19,200 /Sq.Ft
Avg. Asking Price ₹ 18,500 /Sq.Ft
Avg. Asking Price ₹ 17,700 /Sq.Ft
Avg. Asking Price ₹ 15,850 /Sq.Ft
Avg. Asking Price ₹ 15,600 /Sq.Ft
Avg. Asking Price ₹ 15,200 /Sq.Ft
Avg. Asking Price ₹ 14,769 /Sq.Ft
Avg. Asking Price ₹ 14,000 /Sq.Ft
Avg. Asking Price ₹ 13,600 /Sq.Ft
FAQ

Frequently Asked Questions About Property Rates in Kolkata

What is the current average asking price in Kolkata?

As of June 2026, the average asking price in Kolkata is ₹6,800 per sq ft. This figure reflects an appreciation of 1.43% compared to previous reporting periods, indicating a resilient demand for residential property in the city.

How have property price trends in Kolkata evolved over the last year?

Property price trends in Kolkata have shown a steady upward trajectory throughout the first half of 2026. The average city rate moved from ₹6,300 per sq ft in December 2025 to ₹6,400 per sq ft in March 2026, and further reached ₹6,800 per sq ft as of June 2026. This consistent growth signals sustained buyer confidence and a tightening of available inventory in prime residential pockets.

How do property rates in Kolkata vary by property type?

Property rates in Kolkata vary significantly by asset class as of June 2026. Apartments currently command an average of ₹6,800 per sq ft, having appreciated by 6.53%. Meanwhile, office spaces are priced at ₹11,150 per sq ft, showing an appreciation of 7.79%, and shops lead the market at ₹16,600 per sq ft, reflecting a substantial appreciation of 25.98%. Conversely, villas have seen a market correction, with rates at ₹6,150 per sq ft, representing a depreciation of 30.42% compared to previous periods.

How does the status of a project impact property rates in Kolkata?

Project status significantly influences pricing in Kolkata as of June 2026. Ready To Move properties are currently priced at ₹6,400 per sq ft, having experienced a depreciation of 2.77%. In contrast, projects in the 'Advanced Stage' command a premium at ₹7,500 per sq ft, showing a strong appreciation of 29.22%. Under Construction projects are currently averaging ₹6,350 per sq ft, which reflects a depreciation of 14.44% compared to earlier data, likely due to developers adjusting pricing to attract buyers during the construction phase.

What is the average rental yield in Kolkata and why does it matter for investors?

The average rental yield in Kolkata stands at 4.13% as of June 2026, with an average rental rate of ₹22 per sq ft. This yield is a critical metric for investors as it represents the annual return on investment from rental income relative to the property's purchase price. While the average rental rate has seen a depreciation of 8.33%, a 4.13% yield remains a key indicator of the income-generating potential for residential assets in the city.

What is the BHK-wise rental pattern in Kolkata?

Rental rates in Kolkata vary by unit size as of June 2026, catering to a diverse tenant base. A 1 BHK apartment typically rents for ₹14,750 per month, while 2 BHK and 3 BHK units command average monthly rents of ₹24,650 and ₹25,100, respectively. For larger requirements, 4 BHK units are available at an average of ₹60,000 per month. These figures help tenants and landlords understand the market positioning of different unit types across the city.

Which are the top projects in Kolkata by rental rates?

As of June 2026, premium rental projects in Kolkata include Bengal Peerless Avidipta at ₹35 per sq ft, Unitech Fresco Kolkata at ₹33 per sq ft, and Ambuja Utalika : The Condoville at ₹33 per sq ft. Other notable projects include West Bengal Housing Eastern High and Ambuja Ecospace Residencia, both at ₹32 per sq ft. The rental rate for Ambuja Utalika : The Condoville has appreciated by 6.45%, while Shapoorji Pallonji Shukho Brishti has seen an appreciation of 7.69% to reach ₹28 per sq ft, highlighting the demand for well-maintained, large-scale residential communities.

How do property rates compare between Howrah and Hooghly?

As of June 2026, property rates in Howrah and Hooghly show divergent trends. Howrah has an average asking price of ₹3,100 per sq ft, having appreciated by 5.2% compared to previous periods. Conversely, Hooghly is currently priced at ₹3,500 per sq ft, which reflects a depreciation of 9% over the same timeframe. These variations suggest that Howrah is experiencing stronger demand, while Hooghly is undergoing a price adjustment.

What are some of the most expensive residential projects in Kolkata?

As of June 2026, some of the highest-priced residential projects in Kolkata are concentrated in South Kolkata, particularly in Alipore. Master Amara leads with a rate of ₹23,000 per sq ft, having appreciated by 71.55%. Tata 88 East is priced at ₹21,000 per sq ft, reflecting a depreciation of 0.65%, and Godrej Platinum stands at ₹20,600 per sq ft, showing a depreciation of 3.16%. These projects represent the premium segment of the market where property values are driven by location, developer reputation, and luxury amenities.

Country/City