Property Rates in Hazra Road, Kolkata 2026

Property prices in Hazra Road have shown a fluctuating trajectory leading up to Sep 2026. Data from the preceding quarters shows the average asking price stood at ₹12,000 per sq ft in Dec 2025, rose to ₹12,500 per sq ft in Mar 2026, and adjusted to ₹11,650 per sq ft by Jun 2026. This movement suggests a period of price correction following the peak observed in the first quarter of 2026.

Property rates in Hazra Road, currently at ₹11,650 per sq ft, sit in the mid-to-high range when compared to surrounding areas in Kolkata. For instance, Alipore commands a higher average of ₹15,600 per sq ft (which appreciated by 15.74% over the observed period), while Lake Gardens offers a more accessible entry point at ₹6,400 per sq ft, having appreciated by 6.75%. Other nearby areas like Ballygunge at ₹13,050 per sq ft and Jodhpur Park at ₹11,450 per sq ft also demonstrate the premium nature of this residential corridor.

As of Sep 2026, villas in Hazra Road are positioned at a premium with an average price of ₹14,300 per sq ft, having appreciated by 3.88% over the comparison period. In contrast, apartments are priced at an average of ₹11,650 per sq ft, which reflects a depreciation of 7.11% during the same timeframe. This indicates that independent housing units like villas continue to maintain strong value retention compared to the apartment segment in this locality.

Ready-to-move properties in Hazra Road are currently priced at an average of ₹11,000 per sq ft as of Sep 2026. This segment has shown significant growth, with an appreciation of 15.03% over the measured period, signaling strong demand from end-users who prefer immediate occupancy over under-construction alternatives.

Gurukul Grandeur is a notable project in Hazra Road, currently listed at an average rate of ₹11,000 per sq ft as of Sep 2026. This project has seen an appreciation of 15.03% over the comparison period, reflecting its sustained appeal within the South Kolkata residential market.

Rental rates in the vicinity of Hazra Road remain competitive, with several key hubs showing consistent growth as of Sep 2026. Park Street, Minto Park, and Camac Street all command an average rental rate of ₹100 per sq ft. Specifically, Park Street has seen a significant appreciation of 23.08% in rental values, while Minto Park and Camac Street have recorded appreciations of 5.49% and 4.88% respectively, highlighting the high demand for commercial and premium residential rentals in these established zones.

Investors should view the current average asking price of ₹11,650 per sq ft in Hazra Road as a point of consolidation following the price fluctuations seen in early 2026. While the 7.11% depreciation in apartment prices suggests a temporary market correction, the 15.03% appreciation in ready-to-move projects indicates that high-quality, completed inventory remains a resilient asset class. Prospective investors should monitor these trends to identify entry points during periods of price stability.