- Harish Mukherjee Road boasts an impressive rental yield of 14.21%, making it attractive for income-focused investors.
- The average rental rate for office spaces stands at a competitive ₹108 per sq ft.
- The current asking price of ₹9,119 per sq ft, after a recent adjustment, could offer value for buyers.
- Proximity to higher-priced localities like Bhawanipore (₹15,210 per sq ft) and Paddapukur (₹10,874 per sq ft) suggests a strong locational advantage.
- Some surrounding areas like Hazra Road (+5.95%) and Southern Avenue (+4.32%) are showing positive price growth, contributing to regional market vitality.
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Property Rates in Harish Mukherjee Road, Kolkata
Comprehensive Market Snapshot
Harish Mukherjee Road in Kolkata currently presents an asking price of ₹9,119 per sq ft. The rental market demonstrates strong potential with an average rental rate of ₹108 per sq ft and a robust rental yield of 14.21%. This locality experienced a notable price adjustment in the recent quarter, shifting from ₹10,528 per sq ft in June 2025.
- The average asking price in Harish Mukherjee Road stands at ₹9,119 per sq ft.
- Rental properties in the area offer a compelling average rate of ₹108 per sq ft.
- Investors can anticipate an attractive rental yield of 14.21% in Harish Mukherjee Road.
- Apartment prices saw a -13.38% change, now averaging ₹9,119 per sq ft.
- The market observed a quarterly price adjustment from ₹10,528 per sq ft to ₹9,119 per sq ft between June and September 2025.
- Asking Sale Price₹ 9,119 /sq.ft
- Average Rental₹ 108 /sq.ft
- Rental Yield14.21 %
Insights for Harish Mukherjee Road, Kolkata Real Estate Market
Harish Mukherjee Road, a prominent location in Kolkata, currently features an average asking price of ₹9,119 per sq ft. The market has seen a significant quarterly adjustment, with rates moving from ₹10,528 per sq ft in June 2025 to the current level in September 2025. This pricing dynamic is particularly evident in the apartment segment, which averages ₹9,119 per sq ft and registered a -13.38% change. Concurrently, the rental market showcases strong performance, offering an average rental rate of ₹108 per sq ft, translating into an impressive 14.21% rental yield for investors.
- Harish Mukherjee Road's average property rate experienced a notable shift, settling at ₹9,119 per sq ft from ₹10,528 per sq ft in the previous quarter.
- The rental market is robust, with an average rental rate of ₹108 per sq ft and a high rental yield of 14.21%.
- Apartments, the primary property type available, are priced at an average of ₹9,119 per sq ft, reflecting a -13.38% change.
- Nearby Bhawanipore commands a higher average rate of ₹15,210 per sq ft, while Bhowanipore offers properties at ₹8,661 per sq ft with a -14.14% change.
- Office spaces in the rental market are available at an average of ₹108 per sq ft, maintaining stable rates.
- The average asking price in Harish Mukherjee Road experienced a notable decline from ₹10,528 per sq ft to ₹9,119 per sq ft in the last quarter.
- Apartment prices specifically registered a -13.38% change, indicating a downward trend in this property type.
- Several nearby localities, such as Bhowanipore (-14.14%), Kalighat (-21.8%), Lake Market (-28.31%), and Ballygunge (-6.27%), also show significant price decreases, reflecting broader market pressures.
- Rental rates in Camac Street, a nearby area, experienced a -18% change, which might indicate localized rental market adjustments.
- High rental yield of 14.21% indicates strong potential for rental income in Harish Mukherjee Road.
- Average rental rate for office space at ₹108 per sq ft offers competitive returns for commercial investments.
- The current asking price of ₹9,119 per sq ft for apartments, following a quarterly decrease from ₹10,528 per sq ft, may present a favorable buying opportunity.
- Neighboring areas like Bhawanipore (₹15,210 per sq ft) and Paddapukur (₹10,874 per sq ft) command higher rates, suggesting potential for future appreciation in Harish Mukherjee Road.
- Hazra Road and Southern Avenue show positive price changes of 5.95% and 4.32% respectively, highlighting growth pockets in the vicinity.
Property Price Trends in Harish Mukherjee Road, Kolkata
Harish Mukherjee Road's property market experienced a notable shift in the recent quarter. The average location rate decreased from ₹10,528 per sq ft in June 2025 to ₹9,119 per sq ft by September 2025. Concurrently, the broader micromarket also saw a slight increase, moving from ₹5,986 per sq ft to ₹6,105 per sq ft during the same period.
The real estate market in Harish Mukherjee Road primarily caters to apartment buyers. Apartments in this locality are currently priced at an average of ₹9,119 per sq ft. This segment has witnessed a -13.38% change, presenting a specific dynamic for potential investors and homeowners.
Harish Mukherjee Road currently stands at an average asking price of ₹9,119 per sq ft. This positions it competitively among its neighbors. For instance, Bhawanipore commands a significantly higher average rate of ₹15,210 per sq ft, while Paddapukur is priced at ₹10,874 per sq ft. Conversely, areas like Bhowanipore offer properties at ₹8,661 per sq ft, experiencing a -14.14% change, and Lake Market is at ₹8,831 per sq ft, reflecting a -28.31% adjustment. Hazra Road and Southern Avenue also present higher averages at ₹12,524 per sq ft and ₹12,637 per sq ft respectively, with positive changes.
Property Rental Trends in Harish Mukherjee Road, Kolkata
The rental market across Harish Mukherjee Road's surrounding areas exhibits varied dynamics. Acharya Jagadish Chandra Bose Road and Minto Park both offer an average rental rate of ₹80 per sq ft and ₹91 per sq ft respectively, with stable rates. Camac Street, however, experienced a -18% change, now averaging ₹82 per sq ft. Meanwhile, Park Street shows positive movement with a 3.95% change, reaching ₹79 per sq ft. Other localities like Park Circus, Tollygunge, and Kasba maintain average rental rates of ₹63, ₹90, and ₹94 per sq ft respectively, without recent changes.
In the Harish Mukherjee Road rental market, office spaces are a key offering. These properties command an average rental rate of ₹108 per sq ft. This segment has demonstrated stable pricing, with no recorded change in its average rental rates.