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Insights for Hazra Road, Kolkata Real Estate Market Overview

The real estate market in Hazra Road reflects a robust trend of capital appreciation, driven by its status as a premium residential enclave in South Kolkata. Property values have consistently moved upward, with apartment prices currently stabilizing after recent quarterly adjustments. The rental market remains competitive, drawing high interest from professionals working in the city's central business districts. As demand for quality living spaces grows, the area continues to attract long-term investors looking for stable growth in a well-connected locality.

  • Apartments in Hazra Road are currently priced at an average of ₹11,650 per sq ft.
  • Villas maintain a premium segment presence with an average price of ₹14,300 per sq ft.
  • Ready to move projects are accessible at an average rate of ₹9,550 per sq ft.
  • The micromarket rate has seen a positive trajectory, rising from ₹6,100 to ₹7,150 per sq ft over the past year.

Market Strengths
  • Consistent upward trend in the micromarket rate, demonstrating strong underlying demand.
  • High premium status with villa prices reaching ₹14,300 per sq ft.
  • Robust rental market in surrounding areas with rates at ₹100 per sq ft.
  • Significant YoY rental growth in nearby Park Street of 23.08%.
  • Stable asking prices for residential property at ₹12,500 per sq ft.
Market Challenges
  • The apartment segment has experienced a price adjustment of -7.11% in the recent period.
  • Ready to move inventory shows a price change of -5.73%, indicating a softening in short-term resale value for older projects.
  • High competition from neighboring luxury hubs like Alipore may impact rapid price escalation.
Investment Opportunities
  • Capitalize on the steady growth of the local micromarket, which has seen rates rise to ₹7,150 per sq ft.
  • Target villa investments for long-term appreciation, currently priced at ₹14,300 per sq ft.
  • Leverage the competitive entry point of ready to move projects at ₹9,550 per sq ft for immediate rental income.
  • Benefit from the proximity to high-demand rental hubs like Park Street and Camac Street, which command ₹100 per sq ft in monthly rent.
Top Localities in Hazra Road, Kolkata

Lake Market

Avg Price ₹ 8,850 /Sq.Ft.
LISTINGS 4

Harish Mukherjee Road

Avg Price ₹ 9,100 /Sq.Ft.
Avg Rent ₹ 108 /Sq.Ft.
YIELD + 14.24
LISTINGS 2

Topsia Road

Avg Price ₹ 4,000 /Sq.Ft.
LISTINGS 3

Paddapukur

Avg Price ₹ 10,850 /Sq.Ft.
LISTINGS 1
Price Trend

Hazra Road, Kolkata Property Price Trends and Appreciation

Property values in Hazra Road have demonstrated consistent growth over the past four quarters. Starting from ₹11,800 per sq ft in September 2025, rates climbed to ₹12,000 and then peaked at ₹12,500 per sq ft in early 2026. While a slight moderation occurred in June 2026 to ₹11,650 per sq ft, the overall trend underscores the area's sustained appeal.
Asking Price Trends
₹ 12,500/Sq.Ft + 4.26 % 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 %
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 at the heart of a highly sought-after residential belt in South Kolkata. It commands a premium over established neighborhoods like Rash Behari Avenue, which averages ₹6,300 per sq ft, and Park Circus at ₹7,750 per sq ft. While Alipore remains the most expensive at ₹13,500 per sq ft, Hazra Road offers a competitive balance, outperforming the rates found in Lake Gardens and Bhowanipore.
Type Rate (₹/Sq.Ft) Change %
Villa 14,300 3.9
Apartment 11,650 -7.1
Hazra Road caters to diverse buyer preferences across its property categories. Villas lead the premium segment at ₹14,300 per sq ft, showing a growth of 3.88%. Meanwhile, residential apartments are currently priced at ₹11,650 per sq ft, reflecting the broader market's adjustment to recent demand cycles.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 9,550 -5.7
The Hazra Road market offers properties at various stages of development to suit different buyer timelines. Ready to move projects, featuring 1 unit, average ₹9,550 per sq ft, providing an immediate occupancy option for those looking to settle in quickly.
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 ₹ 53 L - ₹ 90.7 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 - ₹ 90 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 ₹ 51.3 L - ₹ 77.49 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
  • 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 9,550 -2.8
Premium residential developments in Hazra Road reflect the area's luxury positioning. Gurukul Grandeur stands out in the South Kolkata residential landscape, currently priced at ₹9,550 per sq ft, offering a strong value proposition for buyers targeting established projects.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Hazra Road, Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft
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, Kolkata?

As of June 2026, the average asking price in Hazra Road is ₹12,500 per sq ft. This figure reflects an appreciation of 4.26% compared to previous periods, indicating a resilient demand for residential properties in this established locality.

How have property prices in Hazra Road trended recently?

Property prices in Hazra Road have shown a fluctuating trajectory over the last year. As of June 2026, the location rate stands at ₹11,650 per sq ft, following a peak of ₹12,500 per sq ft in March 2026. Investors and homebuyers should note that while the market saw upward movement from September 2025 (₹11,800 per sq ft) to March 2026, the most recent quarter indicates a slight cooling in the location rate.

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 rate of ₹13,500 per sq ft, which depreciated by 11.78% over the observed period. Conversely, more affordable options exist in areas like Lake Gardens at ₹6,000 per sq ft (which appreciated by 4.87%) and Rash Behari Avenue at ₹6,300 per sq ft (which depreciated by 1.91%). These variations highlight the premium nature of Hazra Road relative to its immediate neighbours.

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

As of June 2026, villas in Hazra Road are priced at an average of ₹14,300 per sq ft, having appreciated by 3.88% over the relevant period. In comparison, apartments are available at an average of ₹11,650 per sq ft, which reflects a depreciation of 7.11% for the same timeframe. This price gap suggests that villas continue to command a premium due to the nature of the asset and potentially limited supply in the locality.

What is the average price for ready-to-move properties in Hazra Road?

Ready-to-move properties in Hazra Road are currently priced at an average of ₹9,550 per sq ft as of June 2026. This segment has seen a depreciation of 5.73% compared to the previous period, which may offer a more attractive entry point for end-users seeking immediate possession without the risks associated with under-construction projects.

What does the rental data show for areas near Hazra Road?

Rental markets in the vicinity of Hazra Road show consistent pricing, with Camac Street, Minto Park, and Park Street all averaging ₹100 per sq ft as of June 2026. Notably, rental rates in Park Street have seen a significant appreciation of 23.08% compared to the previous period, while Camac Street and Minto Park recorded appreciation of 7.32% and 5.49% respectively. This uniform rental benchmark across these key commercial and residential hubs underscores the high demand for premium rental spaces in this part of Kolkata.

How should investors interpret the rental trends in the Hazra Road region?

Investors looking at the broader region around Hazra Road should note the strong rental growth in central areas like Park Street, which appreciated by 23.08% as of June 2026. While the average rental rate in these hubs is steady at ₹100 per sq ft, the varying appreciation rates suggest that specific micro-locations are experiencing higher tenant demand. Prospective landlords should balance these rental trends against the local capital values to determine the potential for long-term income generation.

What is the status of Gurukul Grandeur in the Hazra Road market?

Gurukul Grandeur is a notable project in Hazra Road with a current listing rate of ₹9,550 per sq ft as of June 2026. This project has experienced a depreciation of 2.78% in its listing rate compared to the previous period, positioning it as a competitive option for those looking for residential units within this specific locality.

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