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Insights for Harish Mukherjee Road, Kolkata Real Estate Market Overview

Harish Mukherjee Road stands as a key residential address in Kolkata, characterized by consistent demand for quality apartment living. The current market rate of ₹9,100 per sq ft reflects its status as a sought-after location for both homeowners and investors. Rental activity is particularly robust, with average rates reaching ₹108 per sq ft, supported by high yields. Recent trends suggest a period of price adjustment in the apartment segment, offering potential entry points for new buyers. The surrounding area remains well-integrated with major city transit and commercial nodes.

  • Apartments in the area are currently priced at an average of ₹9,100 per sq ft.
  • The rental market is highly active, delivering a notable rental yield of 14.24%.
  • Office space rentals in the vicinity average ₹100 per sq ft.
  • Nearby areas like Hazra Road command a higher average of ₹12,500 per sq ft.
  • The apartment segment has seen a price adjustment of -13.38% over recent periods.

Market Strengths
  • A robust rental yield of 14.24% makes the area highly attractive for buy-to-let investors.
  • The average rental rate of ₹108 per sq ft indicates strong demand for residential tenancy.
  • Strategic pricing of ₹9,100 per sq ft offers a balanced middle-ground compared to nearby premium locations like Hazra Road.
  • Consistent rental demand for office spaces at ₹100 per sq ft adds a secondary income stream for property owners.
  • The location maintains its status as a core residential hub in Kolkata with high accessibility.
Market Challenges
  • The apartment segment has faced a recent price correction of -13.38%, suggesting a cooling trend in capital appreciation.
  • High-value competition from nearby areas like Alipore at ₹13,500 per sq ft may divert luxury-focused investors.
Investment Opportunities
  • Capitalize on the strong rental yield of 14.24% which currently outperforms many surrounding residential corridors.
  • Target the office space rental market, which maintains a steady average rate of ₹100 per sq ft.
  • Leverage the recent price adjustment of -13.38% in the apartment segment to secure property at a more competitive entry price.
  • Consider the high demand for rental properties in the area, supported by an average rental rate of ₹108 per sq ft.
Top Localities in Harish Mukherjee Road, Kolkata

Bhawanipore

Avg Price ₹ 15,200 /Sq.Ft.
LISTINGS 7

Topsia Road

Avg Price ₹ 4,000 /Sq.Ft.
LISTINGS 3

Paddapukur

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

Harish Mukherjee Road, Kolkata Property Price Trends and Appreciation

The market for Harish Mukherjee Road currently reflects an average asking price of ₹9,100 per sq ft as of September 2025. This figure represents the baseline for residential apartment valuation in the locality. Price trends indicate a period of stabilization as the market recalibrates for current buyer demand.
Asking Price Trends
₹ 9,100/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 0
Sep 2025 9100
About Asking Price Trends
Harish Mukherjee Road Property Price Comparison
  • By Localities
  • By Property Type
Location Rate (₹/Sq.Ft) Change %
Bhowanipore 8,550 1.1
Hazra Road 12,500 4.3
Alipore 13,500 -11.8
Ballygunge 11,100 -6.7
Southern Avenue 11,550 -7.2
Rash Behari Avenue 6,300 -1.9
New Alipore 11,050 -4.9
Gariahat 11,350 11.3
Park Street 8,000 -13.2
Lake Gardens 6,000 4.9
The real estate landscape surrounding Harish Mukherjee Road features a variety of price points across nearby neighborhoods. Hazra Road remains a premium choice, averaging ₹12,500 per sq ft, while Alipore commands a higher rate of ₹13,500 per sq ft. In contrast, Lake Gardens offers a more accessible entry point at ₹6,000 per sq ft. These variations allow buyers to choose between high-end luxury addresses and more budget-conscious locations within the same region.
Type Rate (₹/Sq.Ft) Change %
Apartment 9,100 -13.4
Harish Mukherjee Road's real estate market centers on apartment living, which currently averages ₹9,100 per sq ft. This segment has experienced a shift of -13.38% recently, providing a different entry valuation for prospective buyers. The available data underscores a focused inventory primarily catering to those seeking residential apartment solutions in this well-connected part of the city.
Rental Trends

Rental Trends and Average Rent in Harish Mukherjee Road, Kolkata

Rental rates in the vicinity vary significantly, with Camac Street, Minto Park, and Park Street all averaging ₹100 per sq ft. These locations have shown positive growth, with Park Street leading at a 23.08% increase, followed by Camac Street at 7.32% and Minto Park at 5.49%. The rental market for office spaces in Harish Mukherjee Road is stable, currently averaging ₹100 per sq ft. This sector has maintained a consistent pricing structure over the recent period.
Harish Mukherjee Road Rent Comparison
  • By Location
  • By Property Type
Locality Rate (₹/Sq.Ft) Change %
Camac Street 100 7.3
Minto Park 100 5.5
Park Street 100 23.1
Rental rates in the vicinity vary significantly, with Camac Street, Minto Park, and Park Street all averaging ₹100 per sq ft. These locations have shown positive growth, with Park Street leading at a 23.08% increase, followed by Camac Street at 7.32% and Minto Park at 5.49%.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 100 -
The rental market for office spaces in Harish Mukherjee Road is stable, currently averaging ₹100 per sq ft. This sector has maintained a consistent pricing structure over the recent period.

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 Harish Mukherjee Road, 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 Harish Mukherjee Road, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Harish Mukherjee Road, Kolkata

What is the current average asking price in Harish Mukherjee Road?

As of June 2026, the average asking price in Harish Mukherjee Road is ₹9,100 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consolidation in this locality.

How have property prices in Harish Mukherjee Road trended recently?

The micromarket rates in Harish Mukherjee Road have shown a consistent upward trajectory over the last four quarters. As of June 2026, the rate reached ₹7,150 per sq ft, rising from ₹6,550 per sq ft in March 2026, ₹6,350 per sq ft in December 2025, and ₹6,100 per sq ft in September 2025, signaling growing demand and sustained interest from buyers.

How do property prices in Harish Mukherjee Road compare to nearby neighbourhoods?

Property prices in Harish Mukherjee Road vary significantly compared to surrounding areas. For instance, Alipore commands a higher average of ₹13,500 per sq ft, though it experienced a depreciation of 11.78% compared to previous periods. Conversely, more affordable options exist in areas like Lake Gardens, which is priced at ₹6,000 per sq ft and has appreciated by 4.87%, or Rash Behari Avenue at ₹6,300 per sq ft, which saw a minor depreciation of 1.91%.

What is the average rental rate and rental yield in Harish Mukherjee Road?

As of June 2026, the average rental rate in Harish Mukherjee Road is ₹108 per sq ft, with the rate remaining stable at 0% change. The locality offers a notable rental yield of 14.24%, which is a strong indicator for investors looking at income-generating assets relative to the current capital values.

How do rental rates for office spaces compare across different localities near Harish Mukherjee Road?

Rental rates for commercial properties show competitive trends in the vicinity of Harish Mukherjee Road. As of June 2026, Camac Street, Minto Park, and Park Street all command an average rental rate of ₹100 per sq ft. Notably, Park Street has seen significant growth, with rental rates appreciating by 23.08%, while Camac Street and Minto Park recorded appreciation rates of 7.32% and 5.49%, respectively.

What are the current trends for apartment prices in Harish Mukherjee Road?

As of June 2026, the average price for apartments in Harish Mukherjee Road is ₹9,100 per sq ft. This segment has experienced a depreciation of 13.38% over the measured period, reflecting a market adjustment in the residential apartment category.

How should investors interpret the rental yield data in Harish Mukherjee Road?

The rental yield of 14.24% in Harish Mukherjee Road as of June 2026 suggests a high potential for rental income relative to the property's purchase price. Investors often view such yields as a sign of a robust rental market, making it an attractive prospect for those prioritizing steady cash flow over pure capital appreciation.

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