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Insights for Hazra Road, Kolkata Real Estate Market Overview

The real estate landscape in Hazra Road is defined by its prime location and established residential character. Property values have seen fluctuations over recent quarters, moving from a high of ₹12,500 per sq ft in early 2026 to the current level of ₹11,650 per sq ft. This evolution highlights a cooling period that may offer entry points for serious buyers. The rental market across surrounding areas like Camac Street and Park Street remains robust, with average rates hovering around ₹100 per sq ft.

  • Residential apartment prices currently average ₹11,650 per sq ft, despite a -7.11% quarterly shift.
  • Ready-to-move inventory is highly sought after, with projects like Gurukul Grandeur commanding ₹11,000 per sq ft.
  • Villa properties provide a premium alternative, currently averaging ₹14,300 per sq ft with a 3.88% growth rate.
  • Surrounding key locations like Ballygunge and Alipore continue to drive high-end real estate benchmarks in the region.

Market Strengths
  • Ready-to-move inventory shows a robust 15.03% increase, signaling high demand for quality completed projects.
  • The locality is surrounded by high-value hubs like Ballygunge and Southern Avenue, supporting long-term property value.
  • Villas continue to demonstrate resilience with a 3.88% growth rate despite broader market fluctuations.
  • Proximity to high-rental commercial hubs like Park Street and Minto Park enhances the area's overall investment profile.
  • Established projects like Gurukul Grandeur provide a reliable benchmark for residential pricing in the area.
Market Challenges
  • Apartment prices have seen a -7.11% change, suggesting a period of market adjustment for sellers.
  • The high cost of entry in premium segments like villas and surrounding areas like Alipore may limit the buyer base.
Investment Opportunities
  • Ready-to-move residential units offer a 15.03% growth, indicating strong potential for immediate capital appreciation.
  • Villa properties at ₹14,300 per sq ft represent the highest-value segment in the area for long-term luxury investments.
  • Rental yields in nearby Park Street and Camac Street remain strong at ₹100 per sq ft, providing stable income potential for commercial investors.
  • The recent price correction in apartments to ₹11,650 per sq ft creates a potential entry window for value-driven investors.
Top Localities in Hazra Road, Kolkata

Kalighat

Avg Price ₹ 9,100 /Sq.Ft.
LISTINGS 8

Harish Mukherjee Road

Avg Price ₹ 9,100 /Sq.Ft.
LISTINGS 2

Lake Market

Avg Price ₹ 8,850 /Sq.Ft.
LISTINGS 1

Paddapukur

Avg Price ₹ 10,850 /Sq.Ft.
LISTINGS 1

Topsia Road

Avg Price ₹ 4,000 /Sq.Ft.
LISTINGS 2
Price Trend

Hazra Road, Kolkata Property Price Trends and Appreciation

The Hazra Road market has experienced a dynamic pricing trend throughout 2025 and 2026. Rates moved from ₹11,800 per sq ft in September 2025 to a peak of ₹12,500 per sq ft in March 2026. Following this, the market settled at its current level of ₹11,650 per sq ft in June 2026.
Asking Price Trends
₹ 11,650/Sq.Ft -7.11 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 11650
Mar 2026 12500
Dec 2025 12000
Sep 2025 11800
About Asking Price Trends
Hazra Road Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Kalighat 9,100 -
Ballygunge 13,050 17.3
Southern Avenue 12,650 9.1
Gariahat 11,950 5.3
Camac Street 14,050 -
Acharya Jagadish Chandra Bose Road 13,350 -
Lake Gardens 6,400 6.8
Alipore 15,600 15.7
Park Circus 9,700 25.4
Jodhpur Park 11,450 12.1
Hazra Road is situated among some of Kolkata's most prestigious neighborhoods. While Alipore commands a premium at ₹15,600 per sq ft, Ballygunge remains a significant benchmark at ₹13,050 per sq ft. Southern Avenue and Gariahat follow closely, averaging ₹12,650 and ₹11,950 per sq ft respectively. In contrast, Lake Gardens offers a more accessible entry point for investors at ₹6,400 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 14,300 3.9
Apartment 11,650 -7.1
The Hazra Road property market offers specialized options for diverse buyer requirements. Villas lead the premium segment at ₹14,300 per sq ft, reflecting a 3.88% growth. Meanwhile, the apartment segment, which forms the core of the local market, is currently priced at ₹11,650 per sq ft following a -7.11% adjustment.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 11,000 15
The market provides clear options for buyers based on their occupancy timelines. Ready-to-move projects are a primary focus, with units averaging ₹11,000 per sq ft, showing a notable 15.03% increase that highlights strong buyer confidence in completed developments.
Project & Developer Insights

Top Residential Projects and Developers in Hazra Road

Top Projects in Hazra Road
Salarpuria Meraki is the top project in Hazra Road with prices from ₹ 98.00 Lac to 1.15 Cr.
Salarpuria Meraki ₹ 98 L - ₹ 1.15 Cr
  • South Kolkata, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 53 L - ₹ 90.7 L
  • South Kolkata, Kolkata
Tata 88 East ₹ 3.70 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 51.3 L - ₹ 77.49 L
  • Howrah, Kolkata
Godrej Prakriti ₹ 58.96 L - ₹ 1.00 Cr
  • North Kolkata, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Kolkata
Merlin Group leads in Kolkata with 69 projects and 35 years of experience.
DLF
Merlin Group ₹ 15 L - ₹ 4.69 Cr
  • 69 Projects
  • 35 Years
DLF
Siddha ₹ 27.06 L - ₹ 5.89 Cr
  • 32 Projects
  • 33 Years
DLF
Team Taurus ₹ 19.2 L - ₹ 1.95 Cr
  • 15 Projects
  • 7 Years
DLF
Gurukul ₹ 53.04 L - ₹ 4.88 Cr
  • 3 Projects
  • 12 Years
DLF
Griham Constructions
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Gurukul Grandeur, Hazra Road 11,000 15
Gurukul Grandeur stands out as a premier residential project in the Hazra Road locality. It is currently listed at ₹11,000 per sq ft, reflecting a significant 15.03% growth that underscores the project's appeal to those seeking established living standards in South Kolkata.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Hazra Road, Kolkata

Avg. Asking Price ₹ 10,300 /Sq.Ft
Avg. Asking Price ₹ 6,850 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft

More insights about Hazra Road, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Hazra Road, Kolkata

What is the current average asking price in Hazra Road, Kolkata?

As of June 2026, the average asking price in Hazra Road is ₹11,650 per sq ft. This figure reflects a depreciation of 7.11% compared to the previous period, indicating a recent market correction in this locality.

How have property prices on Hazra Road trended recently?

The property price trend on Hazra Road has shown a downward trajectory in the most recent quarter, with the location rate moving from ₹12,500 per sq ft in March 2026 to ₹11,650 per sq ft in June 2026. This shift suggests a softening in demand or an increase in supply availability, providing a potential entry point for buyers who were previously priced out of this premium area.

How do property prices in Hazra Road compare to nearby neighbourhoods?

Property prices in Hazra Road, currently at ₹11,650 per sq ft, sit in the mid-to-high range when compared to its neighbours. For context, Alipore commands a higher average rate of ₹15,600 per sq ft (which has appreciated by 15.74%), while Lake Gardens offers a more accessible entry point at ₹6,400 per sq ft, having appreciated by 6.75% as of June 2026.

What is the price difference between apartments and villas on Hazra Road?

As of June 2026, villas on Hazra Road are priced at an average of ₹14,300 per sq ft, having appreciated by 3.88% over the measured period. In contrast, apartments are currently priced at ₹11,650 per sq ft, which reflects a depreciation of 7.11% from the previous period, making apartments a relatively more affordable option for those looking to invest in this locality.

What are the rates for ready-to-move properties on Hazra Road?

Ready-to-move properties on Hazra Road are currently listed at an average of ₹11,000 per sq ft as of June 2026. This segment has shown strong performance, with an appreciation of 15.03% compared to the previous period, signaling high demand for immediate possession homes in this area.

Which project on Hazra Road is currently a notable listing?

Gurukul Grandeur is a prominent project on Hazra Road, currently listed at an average rate of ₹11,000 per sq ft as of June 2026. This project has seen a significant appreciation of 15.03% over the observed period, reflecting its desirability among homebuyers seeking established residential options.

How do rental rates in areas near Hazra Road compare?

Rental rates in the vicinity of Hazra Road are quite competitive, with several key areas showing consistent growth. 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 the highest growth among these, with an appreciation of 23.08% compared to the previous period, while Minto Park and Camac Street followed with appreciation rates of 5.49% and 4.88%, respectively.

How should a prospective buyer interpret the price data for Hazra Road?

Prospective buyers should view the current average asking price of ₹11,650 per sq ft as a snapshot of the market as of June 2026. While the 7.11% depreciation for apartments suggests a cooling market, the 15.03% appreciation for ready-to-move projects indicates that completed inventory remains highly sought after. Investors and homebuyers should balance these trends by comparing the specific property type and status against their long-term financial goals.

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