Chowringhee Property Rates — ₹13,600/sq ft

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Property rates in Chowringhee average ₹13,600 per sq ft. This central Kolkata locality maintains a premium position in the real estate market, supported by strong interest in office spaces. While residential options such as Mani The 42 and The 42 offer luxury living, the area remains a key commercial hub. Investors and homebuyers are closely watching these price benchmarks, which reflect the locality's status as a premier destination for high-end real estate.

Insights

Insights for Chowringhee, Kolkata Real Estate Market Overview

Chowringhee serves as a vital real estate hub in Kolkata, characterized by high-value commercial and residential segments. The market shows a stable pricing environment, particularly for office spaces which currently command ₹13,600 per sq ft. Rental activity is also robust in the surrounding areas, with key corridors like Park Street and Camac Street seeing significant rental growth. Developers continue to focus on premium projects that cater to the demand for high-end, well-connected properties in the heart of the city.

Office spaces in Chowringhee are priced at ₹13,600 per sq ft with a 2.05% increase.
Mani The 42 is currently priced at ₹9,350 per sq ft, showing a 2.57% growth.
Rental rates in Park Street have seen a notable 23.08% surge, reaching ₹100 per sq ft.
Ready to move projects in the locality average ₹9,050 per sq ft.
Nearby areas like Gariahat have experienced an 11.34% growth, indicating strong regional demand.

Market Strengths

Chowringhee maintains a high average asking price of ₹13,600 per sq ft, confirming its status as a top-tier investment destination.
Office space demand is resilient, showing a consistent 2.05% growth in value.
High rental interest in central locations like Park Street and Camac Street provides consistent income opportunities for property owners.
The presence of landmark projects like Mani The 42 adds significant prestige and value to the local residential market.
Steady growth in neighboring areas like Gariahat (11.34%) and Park Circus (13.26%) creates a positive ripple effect for the entire central Kolkata region.

Market Challenges

The -13.25% price correction in Park Street reflects a volatile period for residential property values in that specific corridor.
Alipore has seen a -11.78% change in property rates, suggesting a cooling trend in that luxury segment.
Southern Avenue shows a -7.22% decline, indicating shifting buyer preferences in the area.
Ready-to-move projects have experienced a slight -1.34% price adjustment, which may impact short-term capital appreciation expectations.

Investment Opportunities

Office space investment remains attractive with a stable price of ₹13,600 per sq ft and positive growth of 2.05%.
Ready-to-move residential units offer an entry point at ₹9,050 per sq ft for investors targeting immediate rental returns.
Rental demand in Park Street is rising rapidly, evidenced by a 23.08% growth rate in rental prices.
Proximity to established hubs like Camac Street and Minto Park supports steady long-term rental yield potential.

Top Localities in Chowringhee, Kolkata

Bhawanipore

Avg Price ₹ 15,200 /Sq.Ft.

LISTINGS 5

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 3

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 91 /Sq.Ft.

YIELD + 6.17

LISTINGS 1

Paddapukur

Avg Price ₹ 10,850 /Sq.Ft.

LISTINGS 1

Price Trend

Chowringhee, Kolkata Property Price Trends and Appreciation

The property market in Chowringhee has established a consistent baseline with an average rate of ₹13,600 per sq ft as of September 2025. This valuation reflects the area's ongoing appeal as a central business and residential district in Kolkata.

Asking Price Trends

₹ 13,600/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	0
Sep 2025	13600

About Asking Price Trends

Chowringhee Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Bhowanipore	8,550	1.1
Park Street	8,000	-13.2
Hazra Road	12,500	4.3
Ballygunge	11,100	-6.7
Alipore	13,500	-11.8
Park Circus	7,750	13.3
Chetla	7,100	1.4
Rash Behari Avenue	6,300	-1.9
Southern Avenue	11,550	-7.2
Gariahat	11,350	11.3

Chowringhee sits amidst several prominent Kolkata neighborhoods, each with distinct market dynamics. While Hazra Road commands a premium at ₹12,500 per sq ft, areas like Alipore and Southern Avenue offer comparable luxury, priced at ₹13,500 and ₹11,550 per sq ft respectively. In contrast, locations such as Rash Behari Avenue and Chetla provide more accessible entry points at ₹6,300 and ₹7,100 per sq ft, offering diverse choices for potential buyers.

Type	Rate (₹/Sq.Ft)	Change %
Office Space	13,600	2.1

Chowringhee's real estate market offers specialized options, with office spaces leading the premium segment at ₹13,600 per sq ft, reflecting a 2.05% growth. Residential apartments in ready-to-move projects are available at an average of ₹9,050 per sq ft, catering to those seeking immediate possession in this central location.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	2	9,050	-1.3

The market provides varied options based on development stages, with ready-to-move inventory currently averaging ₹9,050 per sq ft. This supply allows buyers to prioritize immediate occupancy while benefiting from the established infrastructure of the central city.

Project & Developer Insights

Top Residential Projects and Developers in Chowringhee

Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr

Central Kolkata, Kolkata

Shriram Grand City ₹ 25.79 L - ₹ 61.54 L

Central Kolkata, Kolkata

Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr

South Kolkata, Kolkata

Godrej Zen Estate ₹ 45 L - ₹ 90 L

Kolkata Suburbs, Kolkata

Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr

South Kolkata, Kolkata

Godrej Orchard ₹ 53 L - ₹ 90.7 L

South Kolkata, Kolkata

SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L

Howrah, Kolkata

Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr

South Kolkata, Kolkata

Shapoorji Pallonji Joyville Kolkata ₹ 51.3 L - ₹ 77.49 L

Howrah, Kolkata

Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr

South Kolkata, Kolkata

New Launch

Under Construction

Ready to Move

Mani Group ₹ 37.72 L - ₹ 16.09 Cr

23 Projects
39 Years

Diamond Group ₹ 53.63 L - ₹ 1.07 Cr

18 Projects

Avani Group

16 Projects
9 Years

Belani Group ₹ 39.73 L - ₹ 6.55 Cr

16 Projects
50 Years

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Mani The 42, Chowringhee	9,350	2.6
The 42, Chowringhee	8,750	-5.2

Premium residential developments in Chowringhee set the standard for luxury living in the city. Mani The 42 leads the segment, currently priced at ₹9,350 per sq ft with a 2.57% increase, while The 42 is available at ₹8,750 per sq ft, showing a -5.19% change. These projects highlight the aspirational nature of the local real estate landscape.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Chowringhee, Kolkata

Central Kolkata

Avg. Asking Price ₹ 10,300 /Sq.Ft

East Kolkata

Avg. Asking Price ₹ 7,350 /Sq.Ft

South Kolkata

Avg. Asking Price ₹ 6,550 /Sq.Ft

North Kolkata

Avg. Asking Price ₹ 4,700 /Sq.Ft

North Central

Avg. Asking Price ₹ 4,300 /Sq.Ft

Hooghly

Avg. Asking Price ₹ 3,500 /Sq.Ft

Howrah

Avg. Asking Price ₹ 3,100 /Sq.Ft

More insights about Chowringhee, Kolkata

Chowringhee, Kolkata Overview

FAQ

Frequently Asked Questions About Property Rates in Chowringhee, Kolkata

What is the current average asking price in Chowringhee?

As of June 2026, the average asking price in Chowringhee stands at ₹13,600 per sq ft. This figure reflects the current market positioning for commercial office space in this prime locality, and it has remained stable with a 0% change compared to the previous reporting period.

How do property prices in Chowringhee compare to nearby neighbourhoods?

Property prices in the vicinity of Chowringhee vary significantly, with Alipore commanding a high average asking price of ₹13,500 per sq ft, though it has seen a depreciation of 11.78% from June 2025 to June 2026. Other notable areas include Hazra Road at ₹12,500 per sq ft (which appreciated by 4.26% over the same period) and Southern Avenue at ₹11,550 per sq ft (which depreciated by 7.22%). These variations highlight the premium nature of central Kolkata locations compared to more affordable pockets like Rash Behari Avenue, which currently averages ₹6,300 per sq ft after a 1.91% depreciation from June 2025 to June 2026.

What is the price trend for office spaces in Chowringhee?

The average asking price for office spaces in Chowringhee is ₹13,600 per sq ft as of June 2026, marking an appreciation of 2.05% compared to the prior period. This upward trend suggests a resilient demand for commercial real estate within this central business district, reflecting sustained interest from businesses looking for a strategic presence in the heart of Kolkata.

What is the current rate for Ready To Move properties in Chowringhee?

As of June 2026, the average asking price for Ready To Move properties in Chowringhee is ₹9,050 per sq ft. This category has experienced a depreciation of 1.34% from June 2025 to June 2026, which may offer a more competitive entry point for end-users seeking immediate occupancy in the area.

Which are the top residential projects in Chowringhee based on listing rates?

The prominent residential projects in Chowringhee include Mani The 42 and The 42. As of June 2026, Mani The 42 has an average listing rate of ₹9,350 per sq ft, having appreciated by 2.57% from June 2025 to June 2026. Conversely, The 42 is listed at an average rate of ₹8,750 per sq ft, which reflects a depreciation of 5.19% over the same period.

What are the current rental rates in areas surrounding Chowringhee?

Rental rates in the immediate vicinity of Chowringhee are consistently observed at ₹100 per sq ft across several key hubs as of June 2026. Specifically, Park Street has seen a significant appreciation in rental rates of 23.08% from June 2025 to June 2026, while Camac Street and Minto Park recorded appreciations of 7.32% and 5.49% respectively over the same timeframe. Meanwhile, rental rates in Bow Bazaar have remained stable with a 0% change, indicating a steady rental market in that specific pocket.