Kolkata
Harish Mukherjee Road presents a stable residential market in Kolkata, characterized by a steady average asking price of ₹9,100 per sq ft. While the broader neighborhood features high-end localities with significantly higher price points, this area offers a more accessible value proposition for residential buyers. The rental market is equally active, particularly for commercial office spaces which command an average rent of ₹100 per sq ft, supported by strong demand from nearby business hubs like Park Street and Camac Street. Investors looking at the region benefit from the proximity to high-growth zones, ensuring consistent interest in both sales and leasing.
As of September 2026, the average asking price in Harish Mukherjee Road is ₹9,100 per sq ft. This rate has remained stable with a 0% change, reflecting a consistent market position for residential apartments in this locality.
The micromarket rate in Harish Mukherjee Road has shown a steady upward trajectory leading up to mid-2026. The rate increased from ₹6,350 per sq ft in December 2025 to ₹6,550 per sq ft in March 2026, and further to ₹6,850 per sq ft in June 2026, signaling growing demand and positive market sentiment in the area.
Property prices in Harish Mukherjee Road, at ₹9,100 per sq ft, are generally more accessible compared to premium neighbouring localities. For instance, Alipore commands a significantly higher average asking price of ₹15,600 per sq ft, which has appreciated by 15.74% over the observed period. Other nearby areas like Ballygunge and New Alipore also trade at higher premiums, with average asking prices of ₹13,050 per sq ft and ₹13,400 per sq ft respectively.
As of September 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 indicate a market correction or a shift in the inventory mix currently available for sale in the locality.
The average rental rate for office spaces in Harish Mukherjee Road is ₹100 per sq ft as of September 2026. This rate has remained stable with 0% change, indicating a consistent rental market for commercial properties in this area.
Rental rates for commercial properties are quite uniform across key business hubs near Harish Mukherjee Road, with Camac Street, Minto Park, and Park Street all averaging ₹100 per sq ft as of September 2026. Among these, Park Street has seen the most significant growth, with rental rates appreciating by 23.08% compared to the previous period. Minto Park and Camac Street have also seen steady growth, with rental rates appreciating by 5.49% and 4.88% respectively over the same timeframe.
