Kolkata
Harish Mukherjee Road stands as a key residential hub in Kolkata, where the current market average of ₹9,100 per sq ft reflects its status as a sought-after address. The local rental market remains highly productive, with yields reaching 14.24% and average monthly rentals for office spaces holding steady at ₹100 per sq ft. While residential property prices have seen a recent adjustment, the area continues to be supported by nearby premium locations like Hazra Road and Ballygunge. Buyers and investors benefit from a diverse property ecosystem that balances prime residential living with stable commercial rental opportunities.
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.
The micromarket rates in Harish Mukherjee Road have shown a consistent upward trajectory over the last four quarters. According to the data, the micromarket rate rose from ₹6,100 per sq ft in September 2025 to ₹6,350 in December 2025, ₹6,550 in March 2026, and reached ₹7,150 per sq ft by June 2026, reflecting growing demand in the area.
Property prices in the vicinity of Harish Mukherjee Road vary significantly, with Alipore commanding the highest average rate at ₹13,500 per sq ft, despite an 11.78% depreciation from the previous period. Other notable areas include Hazra Road at ₹12,500 per sq ft (up 4.26%) and Gariahat at ₹11,350 per sq ft (up 11.34%). Conversely, more affordable options are available in Lake Gardens at ₹6,000 per sq ft (up 4.87%) and Rash Behari Avenue at ₹6,300 per sq ft (down 1.91%).
As of June 2026, the average rental rate in Harish Mukherjee Road is ₹108 per sq ft, with the rate remaining stable at a 0% change. The locality currently offers a rental yield of 14.24%, which is a significant indicator for investors looking at the relationship between capital appreciation and potential monthly rental income.
Rental rates in the areas surrounding Harish Mukherjee Road are currently consistent across key hubs, with Camac Street, Minto Park, and Park Street all averaging ₹100 per sq ft as of June 2026. Notably, Park Street has seen the highest growth in rental demand, with rates appreciating by 23.08% compared to the previous period, while Camac Street and Minto Park recorded more moderate growth at 7.32% and 5.49% respectively.
As of June 2026, the rental market in Harish Mukherjee Road is primarily driven by office spaces, which command an average rental rate of ₹100 per sq ft. This rate has remained stable with a 0% change, suggesting a steady demand environment for commercial leasing in this locality.
The average asking price for apartments in Harish Mukherjee Road is ₹9,100 per sq ft as of June 2026. This figure reflects a depreciation of 13.38% compared to the previous period, which may signal a market correction or an increase in available inventory, providing potential buyers with a more competitive entry point into the market.
