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Insights for Chowringhee, Kolkata Real Estate Market Overview

The property market in Chowringhee reflects its status as a premium commercial and residential destination in Kolkata. Asking prices for properties currently hover around ₹13,600 per sq ft, supported by a healthy demand for office spaces and luxury apartments. Rental activity is equally robust across surrounding areas like Park Street and Camac Street, where rates remain firm. Buyers continue to evaluate options based on possession status and proximity to key business districts, with established projects setting the price floor.

  • Office spaces in Chowringhee have recorded a growth of 2.05%, reaching an average of ₹13,600 per sq ft.
  • Rental rates in Park Street have seen a notable increase of 23.08%, signaling strong demand for high-end leased spaces.
  • Mani The 42 maintains a strong presence with listing rates at ₹9,350 per sq ft, reflecting a 2.57% rise.
  • Rental rates in Camac Street and Minto Park have both climbed to ₹100 per sq ft, indicating consistent commercial appeal.

Market Strengths
  • High average asking price of ₹13,600 per sq ft reflects the premium value of the Chowringhee micro-market.
  • Consistent rental demand across Camac Street, Minto Park, and Park Street at ₹100 per sq ft.
  • Positive performance in the office space segment with a 2.05% appreciation.
  • Strong brand presence of iconic luxury projects like Mani The 42.
  • Significant rental growth of 23.08% in the neighboring Park Street area.
Market Challenges
  • The 13.25% decline in Park Street property rates suggests a cooling in specific residential segments.
  • Alipore has experienced an 11.78% downward trend, indicating a broader market adjustment in premium areas.
  • Southern Avenue shows a -7.22% change, reflecting shifts in buyer sentiment for certain high-end localities.
  • Ballygunge rates have softened by -6.7%, providing a more cautious outlook for short-term residential buyers.
Investment Opportunities
  • Office space investment remains a strong prospect with a 2.05% growth rate in average pricing.
  • The 23.08% rental growth in Park Street highlights potential for high-yield commercial leasing.
  • Camac Street and Minto Park offer stable rental returns at ₹100 per sq ft.
  • Established residential projects like Mani The 42 provide a stable asset class for long-term luxury investors.
Top Localities in Chowringhee, Kolkata

Bhawanipore

Avg Price ₹ 15,200 /Sq.Ft.
LISTINGS 7

Elgin

Avg Price ₹ 19,800 /Sq.Ft.
LISTINGS 4

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.
Avg Rent ₹ 91 /Sq.Ft.
YIELD + 6.17
LISTINGS 2

Mahatma Gandhi Road

Avg Price ₹ 3,150 /Sq.Ft.
LISTINGS 1

Paddapukur

Avg Price ₹ 10,850 /Sq.Ft.
LISTINGS 1
Price Trend

Chowringhee, Kolkata Property Price Trends and Appreciation

Property rates in Chowringhee are currently established at ₹13,600 per sq ft as of September 2025. This valuation reflects the area's ongoing appeal as a primary business and residential node in Central 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 serves as a premium benchmark when compared to other prominent Kolkata locations. While Alipore commands ₹13,500 per sq ft and Hazra Road averages ₹12,500 per sq ft, Chowringhee maintains its competitive edge. Other areas such as Bhowanipore and Ballygunge offer varied price points at ₹8,550 per sq ft and ₹11,100 per sq ft, respectively. Meanwhile, locations like Park Circus and Chetla provide more accessible entry options, showing the diverse pricing spectrum across the city.
Type Rate (₹/Sq.Ft) Change %
Office Space 13,600 2.1
Chowringhee's real estate market offers specialized options, with office spaces leading the segment at an average of ₹13,600 per sq ft. This category has seen a positive growth of 2.05%, underlining the area's strength as a corporate hub. These premium commercial assets continue to drive investment interest, contrasting with the varied residential inventory available in the vicinity.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 2 9,050 -1.3
The market in Chowringhee features ready-to-move inventory that caters to those seeking immediate occupancy. These properties are currently priced at an average of ₹9,050 per sq ft, reflecting a slight adjustment of -1.34%. This supply offers buyers a chance to secure established homes in a prime central location.
Project & Developer Insights

Top Residential Projects and Developers in Chowringhee

Top Projects in Chowringhee
Salarpuria Amarana Residences is the top project in Chowringhee with prices from ₹ 70.57 Lac to 1.01 Cr.
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
View More
New Launch
Under Construction
Ready to Move
Top Developers in Chowringhee
Mani Group leads in Chowringhee with 23 projects and 39 years of experience.
DLF
Mani Group ₹ 37.72 L - ₹ 16.09 Cr
  • 23 Projects
  • 39 Years
DLF
Diamond Group ₹ 45 L - ₹ 95 L
  • 18 Projects
DLF
Avani Group
  • 16 Projects
  • 9 Years
DLF
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 are setting high benchmarks for the local market. Mani The 42 is currently priced at ₹9,350 per sq ft, demonstrating a growth of 2.57%. Meanwhile, The 42 is available at ₹8,750 per sq ft, following a change of -5.19%. These projects represent the luxury segment, catering to buyers who prioritize prestigious addresses in the heart of Kolkata.

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
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Chowringhee, Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft
Avg. Asking Price ₹ 7,350 /Sq.Ft
Avg. Asking Price ₹ 6,550 /Sq.Ft
Avg. Asking Price ₹ 4,700 /Sq.Ft
Avg. Asking Price ₹ 4,300 /Sq.Ft
Avg. Asking Price ₹ 3,500 /Sq.Ft
Avg. Asking Price ₹ 3,100 /Sq.Ft

More insights about Chowringhee, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Chowringhee, Kolkata

What is the current average asking price in Chowringhee as of June 2026?

As of June 2026, the average asking price in Chowringhee stands at ₹13,600 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this commercial-focused hub.

How do property rates in Chowringhee compare to nearby neighbourhoods in Kolkata?

Property rates in Chowringhee, at ₹13,600 per sq ft, are positioned at the higher end of the spectrum compared to surrounding areas. For context, Alipore currently averages ₹13,500 per sq ft (which depreciated by 11.78% compared to the previous period), Hazra Road is at ₹12,500 per sq ft (appreciating by 4.26%), and Southern Avenue is at ₹11,550 per sq ft (depreciating by 7.22%). Other nearby areas like Gariahat and Ballygunge are priced at ₹11,350 per sq ft and ₹11,100 per sq ft, respectively, highlighting Chowringhee's premium status in the local market.

What is the price trend for office spaces in Chowringhee?

Office spaces in Chowringhee are currently priced at an average of ₹13,600 per sq ft as of June 2026. This segment has shown resilience, having appreciated by 2.05% compared to the previous period, reflecting sustained demand for commercial real estate in this central location.

What are the current rates for Ready To Move properties in Chowringhee?

As of June 2026, Ready To Move properties in Chowringhee are available at an average price of ₹9,050 per sq ft. This segment has experienced a minor depreciation of 1.34% compared to the previous period, which may offer a more accessible entry point for buyers looking for immediate possession in this prime locality.

Which are the prominent residential projects in Chowringhee and how are they priced?

Two of the most notable residential projects in Chowringhee are Mani The 42 and The 42. As of June 2026, Mani The 42 is listed at ₹9,350 per sq ft, having appreciated by 2.57% compared to the previous period. Conversely, The 42 is currently listed at ₹8,750 per sq ft, which represents a depreciation of 5.19% over the same timeframe.

How do rental rates compare across micromarkets near Chowringhee?

Rental rates in the vicinity of Chowringhee are quite consistent, with several key areas averaging ₹100 per sq ft as of June 2026. Camac Street has seen a notable appreciation of 7.32% compared to the previous period, while Minto Park rentals have appreciated by 5.49%. Park Street has shown the most significant growth, with rental rates appreciating by 23.08% over the same period, whereas Bow Bazaar has maintained stable rental rates with a 0% change.

What should investors consider when looking at rental trends in areas near Chowringhee?

Investors should note that areas surrounding Chowringhee, such as Park Street, Camac Street, Minto Park, and Bow Bazaar, all command a uniform average rental rate of ₹100 per sq ft as of June 2026. While the rental price point is consistent, the varying appreciation rates—such as the 23.08% growth in Park Street compared to the stability in Bow Bazaar—suggest that specific micromarkets are experiencing faster rental value escalation, which is a critical signal for those prioritizing income growth.

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