Kolkata
The real estate market in Harish Mukherjee Road is characterized by a stable residential pricing structure and high rental demand. Investors are particularly drawn to the area due to its competitive rental yields, which significantly outperform many neighboring localities. While residential apartment prices have seen a recent adjustment, the core infrastructure and connectivity of the area keep it a preferred choice for buyers. Rental activity is robust, with office spaces and residential units commanding premium rates that underscore the area's ongoing commercial and residential significance.
As of Jun 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 equilibrium in the local residential market.
The micromarket rate in Harish Mukherjee Road has shown a consistent upward trajectory, rising from ₹6,100 per sq ft in Sep 2025 to ₹7,150 per sq ft as of Jun 2026. This steady growth over the last three quarters suggests strengthening demand and increasing confidence among buyers in this locality.
Property prices in Harish Mukherjee Road, currently at ₹9,100 per sq ft, sit in the mid-to-high range compared to surrounding areas. For instance, Alipore commands a higher average of ₹13,500 per sq ft (which depreciated by 11.78% compared to the previous period), while more affordable options can be found in Lake Gardens at ₹6,000 per sq ft, which appreciated by 4.87%.
The rental yield in Harish Mukherjee Road stands at 14.24% as of Jun 2026, which is a significant indicator of strong income-generating potential for property owners. With an average rental rate of ₹108 per sq ft, which has remained stable at 0% change, the high yield suggests that the locality is highly attractive for investors seeking consistent rental returns relative to capital investment.
Rental rates for office spaces in Harish Mukherjee Road average ₹100 per sq ft as of Jun 2026, showing no change in rates. Nearby business-centric areas like Park Street also command an average of ₹100 per sq ft, though Park Street has seen a notable appreciation of 23.08% in rental rates, while Camac Street and Minto Park have seen more moderate growth of 7.32% and 5.49% respectively.
As of Jun 2026, the average asking price for apartments in Harish Mukherjee Road is ₹9,100 per sq ft. This figure reflects a depreciation of 13.38% compared to the previous period, which may present a strategic entry point for buyers looking for value in this established residential segment.
