Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Hazra Road, Kolkata Real Estate Market Overview

The real estate landscape in Hazra Road has experienced notable growth, with average residential property prices reaching ₹12,500 per sq ft by early 2026. This positive trajectory is supported by consistent quarterly appreciation, signaling sustained demand for quality housing in this prime Kolkata corridor. Rental markets across the surrounding neighborhoods remain stable, with many areas maintaining an average rate of ₹100 per sq ft. Buyers looking for ready-to-move options will find a balanced selection of homes that cater to varying lifestyle needs. The overall market sentiment remains bullish, underscored by the steady rise in locality-specific rates compared to broader micromarket benchmarks.

  • Residential apartments in Hazra Road are currently priced at an average of ₹12,500 per sq ft.
  • The market has seen a consistent quarterly price increase, rising from ₹10,850 in mid-2025 to ₹12,500 by March 2026.
  • Rental rates in nearby areas like Harish Mukherjee Road, Minto Park, and Kasba hold steady at ₹100 per sq ft.
  • Villa properties command a premium, with average prices reaching ₹14,300 per sq ft.
  • Ready-to-move projects provide immediate occupancy options, currently averaging ₹9,700 per sq ft.

Market Strengths
  • Consistent quarterly price growth in Hazra Road, rising from ₹10,850 to ₹12,500 per sq ft.
  • Strong performance in the apartment segment with a 4.26% annual increase.
  • Stable rental rates of ₹100 per sq ft across key neighboring hubs like Kasba and Tollygunge.
  • Jodhpur Park has demonstrated exceptional growth, with prices rising by 24.74%.
  • Park Circus has seen a significant 13.26% increase in property rates, showcasing high demand.
  • Gariahat remains a strong performer with an 11.34% appreciation in property values.
Market Challenges
  • Ready-to-move projects have seen a slight price adjustment of -4.33%, which may impact short-term capital gains.
  • High-value areas like Alipore have experienced a price correction of -11.78%, reflecting broader volatility in luxury segments.
  • Southern Avenue property rates have faced a decline of -7.22%, suggesting a cooling period in that specific sub-market.
  • Ballygunge has seen a -6.7% change in rates, indicating a shift in buyer sentiment for high-end apartments.
Investment Opportunities
  • Residential apartments offer a solid entry point at ₹12,500 per sq ft with a steady 4.26% growth rate.
  • Ready-to-move units at ₹9,700 per sq ft provide an immediate value proposition for investors seeking rental income.
  • Villas represent the premium tier of the market with an average price of ₹14,300 per sq ft.
  • Rental yields in surrounding areas like Park Street remain consistent, offering stable returns for property owners.
Top Localities in Hazra Road, Kolkata

Kalighat

Avg Price ₹ 8,800 /sqft
LISTINGS 10

Harish Mukherjee Road

Avg Price ₹ 9,100 /sqft
Avg Rent ₹ 108 /sq ft
YIELD + 14.24
LISTINGS 1

Bakul Bagan Road

Avg Price ₹ 12,600 /sqft
LISTINGS 20

Lake Market

Avg Price ₹ 8,850 /sqft
LISTINGS 4

Topsia Road

Avg Price ₹ 4,000 /sqft
LISTINGS 3

Paddapukur

Avg Price ₹ 10,850 /sqft
LISTINGS 1
Price Trend

Hazra Road, Kolkata Property Price Trends and Appreciation

Property values in Hazra Road have moved from ₹10,850 per sq ft in June 2025 to a current average of ₹12,500 per sq ft. This consistent appreciation trend demonstrates strong buyer confidence and sustained demand within the locality. The quarterly growth indicates that Hazra Road is outperforming broader micromarket benchmarks, which currently sit at ₹6,550 per sq ft.
Asking Price Trends
₹ 12,500/sq.ft. + 4.26 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 12500
Dec 2025 12000
Sep 2025 11800
Jun 2025 10850
About Asking Price Trends
Hazra Road Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Ballygunge 11,100 -6.7
Rash Behari Avenue 6,300 -1.9
Bhowanipore 8,550 1.1
Southern Avenue 11,550 -7.2
Gariahat 11,350 11.3
Lake Gardens 6,000 4.9
Alipore 13,500 -11.8
Park Circus 7,750 13.3
Jodhpur Park 10,200 24.7
Park Street 8,000 -13.2
Hazra Road sits within a landscape of diverse property valuations across South Kolkata. While Alipore commands a higher average of ₹13,500 per sq ft, Hazra Road remains a competitive choice for premium buyers at ₹12,500 per sq ft. Other notable areas like Ballygunge and Gariahat hover around the ₹11,100 to ₹11,350 per sq ft range, highlighting Hazra Road's status as a top-tier residential destination. Meanwhile, more accessible options like Lake Gardens and Rash Behari Avenue offer different price points for varied investment profiles.
Type Rate (₹/sq.ft) Change %
Villa 14,300 3.9
Apartment 12,500 4.3
Hazra Road caters to diverse buyer preferences through its distinct property categories. Villas lead the premium segment at ₹14,300 per sq ft, experiencing a growth of 3.88%. Residential apartments, which form the bulk of the market, are priced at ₹12,500 per sq ft and have seen an appreciation of 4.26%, reflecting steady demand for high-quality vertical living.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1 9,700 -4.3
The market offers high-quality residential options, with ready-to-move projects currently averaging ₹9,700 per sq ft. This status allows buyers to secure immediate possession in a well-connected part of the city. These properties remain an attractive choice for those prioritizing convenience and quick transition into their new homes.
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 ₹ 96.72 Lac to 1.02 Cr.
Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr
  • South Kolkata, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 52.21 L - ₹ 85.26 L
  • South Kolkata, Kolkata
Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
Godrej Zen Estate ₹ 45 L - ₹ 74.47 L
  • Kolkata Suburbs, Kolkata
Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr
  • Central Kolkata, Kolkata
SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L
  • Howrah, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 47.25 L - ₹ 71.37 L
  • Howrah, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Hazra Road
Merlin Group leads in Hazra Road 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
  • 31 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 9,700 -1.3
Premium residential developments in Hazra Road are setting high standards for luxury living. Gurukul Grandeur, a prominent project in the locality, is currently priced at ₹9,700 per sq ft. This development reflects the aspirational quality of the area, offering residents a blend of comfort and prime location.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Hazra Road, Kolkata

Avg. Asking Price ₹ 7,350 /sq.ft
Avg. Asking Price ₹ 6,550 /sq.ft
Avg. Asking Price ₹ 4,700 /sq.ft
Avg. Asking Price ₹ 4,300 /sq.ft
Avg. Asking Price ₹ 3,500 /sq.ft
Avg. Asking Price ₹ 3,100 /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 March 2026, the average asking price in Hazra Road is ₹12,500 per sq ft. This figure reflects an appreciation of 4.26% compared to the previous period, indicating a resilient demand for residential properties in this locality.

How have property prices in Hazra Road trended recently?

Property prices in Hazra Road have shown a consistent upward trajectory over the last four quarters. According to data from March 2026, the location rate reached ₹12,500 per sq ft, rising from ₹12,000 per sq ft in December 2025, ₹11,800 per sq ft in September 2025, and ₹10,850 per sq ft in June 2025. This steady growth suggests a strengthening market position for the area.

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

Property prices in Hazra Road, at ₹12,500 per sq ft, are positioned higher than several surrounding areas. For instance, Bhowanipore currently averages ₹8,550 per sq ft (a 1.07% appreciation from the previous period), while Park Circus averages ₹7,750 per sq ft (a 13.26% appreciation). Conversely, Alipore commands a higher average of ₹13,500 per sq ft, despite a depreciation of 11.78% over the measured timeframe.

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

As of March 2026, villas in Hazra Road command a premium with an average price of ₹14,300 per sq ft, having appreciated by 3.88% compared to the previous period. In comparison, apartments in Hazra Road are priced at an average of ₹12,500 per sq ft, which represents a 4.26% appreciation over the same timeframe.

What is the average price for Ready To Move properties in Hazra Road?

Ready To Move properties in Hazra Road are currently available at an average price of ₹9,700 per sq ft as of March 2026. This segment has experienced a depreciation of 4.33% compared to the previous period, which may offer a more accessible entry point for end-users looking for immediate possession.

What is the rental rate trend in areas surrounding Hazra Road?

Rental rates in the vicinity of Hazra Road show varied performance as of March 2026. Areas such as Harish Mukherjee Road, Minto Park, Acharya Jagadish Chandra Bose Road, Kasba, and Tollygunge all maintain a stable rental rate of ₹100 per sq ft, with 0% change recorded. Meanwhile, Park Street has seen a 2.63% appreciation in rental rates, reaching ₹100 per sq ft, whereas Camac Street has experienced an 18% depreciation, also settling at ₹100 per sq ft.

How does the rental market in Park Circus compare to other nearby localities?

Park Circus stands out among nearby localities with a rental rate of ₹50 per sq ft as of March 2026, which has remained stable with 0% change. This is significantly lower than the ₹100 per sq ft rental rate observed in surrounding areas like Park Street, Tollygunge, and Minto Park, making it a distinct option for tenants seeking more budget-friendly rental configurations in the broader region.

What should investors know about the Gurukul Grandeur project on Hazra Road?

Gurukul Grandeur is a notable residential project on Hazra Road with a current listing rate of ₹9,700 per sq ft as of March 2026. The project has seen a minor depreciation of 1.33% compared to the previous period, providing a specific price point for those evaluating property value within this locality.

How should a buyer interpret the price trends in Hazra Road?

A buyer should view the consistent quarterly rise in Hazra Road's average asking price—from ₹10,850 per sq ft in June 2025 to ₹12,500 per sq ft in March 2026—as a signal of sustained demand. While the market is appreciating, buyers should compare these rates against the specific property type and status, such as the ₹9,700 per sq ft average for Ready To Move units, to ensure their investment aligns with their budget and timeline.

Country/City