Property Rates in Chowringhee, Kolkata 2026

Property rates in Chowringhee, which currently average ₹13,600 per sq ft for office spaces, sit at the higher end of the spectrum when compared to residential apartment rates in surrounding areas. For instance, Alipore commands an average rate of ₹13,500 per sq ft, which depreciated by 11.78% from June 2025 to June 2026, while Hazra Road stands at ₹12,500 per sq ft, having appreciated by 4.26% over the same period. Other nearby areas like Park Street and Park Circus offer more accessible residential entry points at ₹8,000 per sq ft and ₹7,750 per sq ft, respectively.

As of June 2026, ready-to-move properties in Chowringhee are priced at an average of ₹8,800 per sq ft. This segment has seen a depreciation of 4.22% when comparing the current market standing to the previous period, which may indicate a softening in demand or a correction in the secondary market for completed residential units.

The top residential projects in Chowringhee, such as Mani The 42 and The 42, are currently listed at ₹8,900 per sq ft and ₹8,650 per sq ft respectively as of June 2026. Mani The 42 has experienced a depreciation of 2.04% compared to the previous period, while The 42 has seen a depreciation of 6.37% over the same timeframe. These premium projects remain key benchmarks for luxury living in the heart of Central Kolkata.

Rental rates in the vicinity of Chowringhee are relatively consistent across several key hubs, with many areas like Acharya Jagadish Chandra Bose Road, Camac Street, Minto Park, Park Street, and Harish Mukherjee Road commanding an average rent of ₹100 per sq ft as of June 2026. Notably, Camac Street has seen a significant rental depreciation of 18% compared to the previous period, while Park Street has experienced an appreciation of 2.63%. In contrast, Park Circus offers a lower rental entry point at ₹50 per sq ft, which has remained stable with 0% change over the same period.

Investors looking at the Chowringhee region should note that while many prime locations like Minto Park and Acharya Jagadish Chandra Bose Road maintain stable rental rates of ₹100 per sq ft as of June 2026, volatility exists in specific pockets. For example, the 18% depreciation in rental rates at Camac Street suggests that tenants may be seeking better value or that supply has increased, whereas the 2.63% appreciation in Park Street indicates sustained demand. Investors should carefully weigh these localized rental fluctuations against the capital investment required for properties in these high-value central Kolkata zones.