The Siliguri real estate market is witnessing a notable appreciation in property values, driven by increasing buyer interest in residential units. Prices have climbed from ₹4,050 per sq ft in late 2025 to the current average of ₹4,500 per sq ft, indicating sustained market growth. Renters are also finding a robust selection of 3 BHK apartments, which command an average monthly rent of ₹24,650. Developers continue to align their projects with this rising demand, particularly in key residential hubs.
The average asking price in Siliguri stands at ₹4,500 per sq ft as of September 2026. This rate has remained stable with a 0% change compared to the previous reporting period, indicating a period of price consolidation in the local residential market.
Property prices in Siliguri have shown a positive trajectory, moving from an average of ₹4,050 per sq ft in December 2025 to ₹4,500 per sq ft by September 2026. This upward movement reflects a strengthening market demand for residential real estate within the city over the last three quarters.
Villas in Siliguri currently command a premium with an average asking price of ₹5,200 per sq ft, having appreciated by 7.42% compared to previous valuation periods. Meanwhile, apartments are priced at an average of ₹4,500 per sq ft, showing a more significant growth of 10.22% over the same timeframe, which highlights a strong preference for apartment-style living among residents.
The typical rental rate for a 3 BHK apartment in Siliguri is ₹24,650 per month as of September 2026. This rental segment caters to families seeking spacious residential options, and prospective tenants should monitor local supply levels to gauge how this monthly rate aligns with broader city-wide rental trends.
MK Sanskriti, located in the Salugara area of Siliguri, is a notable project with an average listing rate of ₹4,400 per sq ft as of September 2026. The pricing for this project has remained stable with a 0% change, offering a competitive entry point for buyers looking for residential units within this specific locality.
Buyers should view the current average asking price of ₹4,500 per sq ft in Siliguri as a baseline for their property search. Because the market has seen notable appreciation in specific segments like apartments (up 10.22%) and villas (up 7.42%), it is advisable to compare these city-wide averages against the specific project-level rates, such as the ₹4,400 per sq ft observed at MK Sanskriti, to ensure they are paying fair market value.
