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Insights for Hazra Road, Kolkata Real Estate Market Overview

Hazra Road maintains a consistent profile in the Kolkata real estate landscape, characterized by steady residential property values and a clear demand for premium living spaces. The market has navigated recent quarterly fluctuations with resilience, balancing buyer expectations against the broader trends seen in surrounding neighborhoods. Rental activity in the wider vicinity shows varying performance, particularly in commercial corridors where lease rates reflect current business demand. Development remains focused on high-quality residential projects that cater to those looking for well-connected and established urban addresses.

  • Residential properties currently average ₹11,350 per sq ft, with villa-style offerings reaching up to ₹14,300 per sq ft.
  • The ready-to-move segment provides immediate value, with projects like Gurukul Grandeur priced at ₹11,000 per sq ft.
  • Surrounding areas like Alipore command premium rates of ₹15,650 per sq ft, highlighting the high-value nature of this real estate cluster.
  • Rental rates in nearby commercial hubs like Camac Street reflect a shift in demand, currently averaging ₹100 per sq ft.
  • Lake Gardens has shown significant growth in residential interest, with property rates increasing by 6.86% to reach ₹6,800 per sq ft.

Market Strengths
  • High-end residential demand remains strong in areas like Hindustan Park, where rates hold firm at ₹14,450 per sq ft.
  • The presence of established, high-value neighborhoods like Alipore and Ballygunge creates a stable property value floor.
  • Southern Avenue continues to attract investment with a 0.96% growth in property rates.
  • Gariahat's robust 3.6% growth underscores its popularity as a prime residential destination.
  • Lake Gardens offers a strong growth narrative with a 6.86% rise in average property rates.
Market Challenges
  • Commercial rental rates in nearby Camac Street have seen a decline of -4.65%, signaling a softening in the lease market.
  • Apartment prices in Hazra Road have experienced a -2.49% change, suggesting a period of price consolidation.
  • Kalighat residential rates have softened by -2.86%, reflecting localized fluctuations in demand.
  • Commercial office space on Acharya Jagadish Chandra Bose Road recorded a -2.53% change in average rates.
Investment Opportunities
  • Residential apartments at ₹11,350 per sq ft offer a balanced entry point compared to premium neighboring zones like Alipore.
  • Ready-to-move inventory at ₹11,000 per sq ft provides immediate rental income potential for investors.
  • Capital appreciation potential exists in Lake Gardens, which saw a 6.86% increase in property rates.
  • Gariahat's 3.6% growth in property rates makes it a compelling area for long-term residential investment.
Top Localities in Hazra Road, Kolkata

Lake Market

Avg Price ₹ 8,850 /Sq.Ft.
LISTINGS 2

Harish Mukherjee Road

Avg Price ₹ 9,100 /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 market at Hazra Road has shown a measured adjustment over the past year, with rates moving from ₹12,000 per sq ft in late 2025 to the current level of ₹11,350 per sq ft by September 2026. This trend reflects a recalibration of buyer expectations in a competitive urban landscape. Meanwhile, the broader micromarket has seen a steady upward trajectory, climbing from ₹6,350 per sq ft to ₹6,950 per sq ft over the same period.
Asking Price Trends
₹ 11,350/Sq.Ft -2.49 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 11350
Jun 2026 11650
Mar 2026 12500
Dec 2025 12000
About Asking Price Trends
Hazra Road Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Kalighat 8,850 -2.9
Ballygunge 13,150 1
Rash Behari Avenue 6,450 -
Southern Avenue 12,750 1
Hindustan Park 14,450 -
Gariahat 12,400 3.6
Camac Street 14,450 2.7
Acharya Jagadish Chandra Bose Road 13,000 -2.5
Lake Gardens 6,800 6.9
Alipore 15,650 0.4
Real estate values in the vicinity of Hazra Road display a wide spectrum, influenced by the unique character of each neighborhood. Alipore leads the premium segment, commanding a significant ₹15,650 per sq ft, while Hindustan Park remains equally exclusive at ₹14,450 per sq ft. Ballygunge and Southern Avenue maintain strong positions, with rates hovering around ₹13,150 per sq ft and ₹12,750 per sq ft respectively. In contrast, Lake Gardens offers a more accessible entry point at ₹6,800 per sq ft, providing a notable contrast for budget-conscious investors.
Type Rate (₹/Sq.Ft) Change %
Villa 14,300 3.9
Apartment 11,350 -2.5
Hazra Road's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment at ₹14,300 per sq ft, experiencing a 3.88% growth. Meanwhile, apartment options are priced at ₹11,350 per sq ft, reflecting a -2.49% change in current market demand.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 11,000 -
The Hazra Road market offers properties at various stages of development to suit different buyer timelines. Ready-to-move inventory is available at an average of ₹11,000 per sq ft, providing a reliable option for those seeking immediate occupancy.
Project & Developer Insights

Top Residential Projects and Developers in Hazra Road

Top Projects in Hazra Road
Godrej Blue is the top project in Hazra Road with prices from ₹ 2.49 Cr to 4.72 Cr.
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 78 projects and 35 years of experience.
DLF
Merlin Group ₹ 15 L - ₹ 4.47 Cr
  • 78 Projects
  • 35 Years
DLF
Siddha ₹ 27.06 L - ₹ 5.89 Cr
  • 35 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 ₹ 95.55 L - ₹ 95.55 L
  • 2 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Gurukul Grandeur, Hazra Road 11,000 -
Premium residential developments on Hazra Road set a high standard for luxury living in the city. Gurukul Grandeur stands out in this segment, with units currently priced at ₹11,000 per sq ft, offering a stable and attractive benchmark for buyers in South Kolkata.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /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 ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /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 ₹ 7,850 /Sq.Ft
Avg. Asking Price ₹ 6,850 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft
Avg. Asking Price ₹ 3,400 /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?

As of Sep 2026, the average asking price in Hazra Road is ₹11,350 per sq ft. This figure reflects a depreciation of 2.49% compared to the previous period, indicating a slight market correction in the locality. For those evaluating real estate in this area, it is important to note that this rate applies specifically to residential apartments.

How have property prices in Hazra Road trended over the last few quarters?

Property prices in Hazra Road have shown a fluctuating trajectory throughout 2026. Data indicates the average asking price moved from ₹12,000 per sq ft in Dec 2025 to ₹12,500 per sq ft in Mar 2026, followed by a decline to ₹11,650 per sq ft in Jun 2026, and settling at ₹11,350 per sq ft as of Sep 2026. This trend suggests a period of price adjustment following the peak observed in the first quarter of the year.

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

Property prices in Hazra Road vary significantly when compared to surrounding areas in Kolkata. For instance, Alipore commands a higher average asking price of ₹15,650 per sq ft (which has appreciated by 0.38% from the previous period), while Rash Behari Avenue remains more accessible at ₹6,450 per sq ft, where rates have remained stable. Other nearby locations like Hindustan Park and Southern Avenue are priced at ₹14,450 per sq ft and ₹12,750 per sq ft respectively, highlighting that Hazra Road sits in the mid-to-high range of the local residential market spectrum.

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

As of Sep 2026, villas in Hazra Road are priced at an average of ₹14,300 per sq ft, having appreciated by 3.88% compared to the prior period. In contrast, apartments are currently priced at ₹11,350 per sq ft, which reflects a depreciation of 2.49% over the same timeframe. This price gap suggests that independent villa segments in the locality are currently experiencing stronger demand or limited supply compared to the apartment segment.

What are the current rates for Ready To Move properties in Hazra Road?

Ready To Move properties in Hazra Road are currently available at an average price of ₹11,000 per sq ft as of Sep 2026. These rates have remained stable with a 0% change, indicating a consistent pricing environment for buyers looking for immediate possession. This stability provides a predictable baseline for end-users who prioritize moving in without the wait associated with under-construction projects.

Which project stands out in Hazra Road for its current listing rate?

Gurukul Grandeur is a notable residential project in Hazra Road, currently listed at an average rate of ₹11,000 per sq ft as of Sep 2026. The pricing for this project has remained stable with no change recorded recently. As it is situated in South Kolkata, it serves as a key reference point for buyers interested in the current market valuation of established residential developments in the area.

How should investors interpret the rental market data for areas near Hazra Road?

While specific rental data for Hazra Road is limited, nearby commercial hubs like Camac Street provide a benchmark for rental activity. As of Sep 2026, the average rental rate in Camac Street stands at ₹100 per sq ft, which has depreciated by 4.65% compared to the previous period. Investors looking at the broader region should monitor these rental rate shifts as they often indicate changes in commercial demand and occupancy levels, which can indirectly influence the overall investment attractiveness of nearby residential localities.

How can I use the property rates data on this page to make an informed decision?

The property rates data provided here allows you to compare the average asking price in Hazra Road against neighbouring localities like Alipore, Ballygunge, and Lake Gardens to identify value-for-money opportunities. By reviewing the price trends from Dec 2025 to Sep 2026, you can understand whether the market is currently in a phase of appreciation or correction. Furthermore, distinguishing between property types—such as the difference between apartment and villa rates—helps you align your budget with your specific housing requirements.

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