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Property Rates in Hazra Road, Kolkata

Comprehensive Market Snapshot

The Hazra Road real estate market in Kolkata presents a dynamic landscape, with current asking prices averaging ₹12,524 per sq ft. Recent quarterly trends indicate a consistent upward trajectory, with rates reaching ₹12,012 per sq ft by December 2025. This vibrant market caters to diverse preferences, offering both spacious villas at an average of ₹14,306 per sq ft and well-appointed apartments at ₹12,524 per sq ft, both showing positive growth. For immediate occupancy, the Ready To Move segment provides options at around ₹10,144 per sq ft, complemented by premium projects like 'the oval' and 'merlin temple tower' shaping the locality’s upscale appeal.

  • Asking Sale Price₹ 12,524/sq.ft

Insights for Hazra Road, Kolkata Real Estate Market

Hazra Road in Kolkata is currently a robust real estate market, with an average asking price of ₹12,524 per sq ft, reflecting its premium positioning within the city. Property values have shown consistent appreciation, climbing from ₹10,873 per sq ft in June 2025 to ₹12,012 per sq ft by December 2025, indicating sustained buyer confidence and demand. While Hazra Road commands a strong average, nearby Bhawanipore stands even higher at ₹15,210 per sq ft, experiencing an 8.05% increase, suggesting a broader positive sentiment in the vicinity. However, some adjacent areas like Kalighat and Lake Market have seen price adjustments, with drops of 21.8% and 28.31% respectively, which could offer more accessible entry points for investors. The market caters to varied residential needs, with villas averaging ₹14,306 per sq ft and apartments at ₹12,524 per sq ft, both witnessing healthy price increases of 3.88% and 4.26% respectively. For those seeking immediate possession, Ready To Move properties, though limited to 5 units, maintain stability at ₹10,144 per sq ft. Top projects like 'the oval' and 'merlin temple tower' are significant contributors to the locality's premium offerings, with 'Gurukul Grandeur' also showing a modest price increase.

Market Strengths Market Strengths
  • Hazra Road maintains a strong average asking price of ₹12,524 per sq ft, reflecting its premium status.
  • The locality has shown consistent quarterly price appreciation, indicating a healthy and growing market.
  • Both villas and apartments are experiencing positive price changes, demonstrating robust demand across different property types.
  • The Ready To Move segment offers stability with a slight price increase, catering to immediate occupancy needs.
  • Hazra Road's average price is significantly higher than many surrounding areas, affirming its desirability and value.
  • The presence of well-known projects like 'the oval' and 'merlin temple tower' enhances the locality's appeal and investment potential.
Market Challenges Market Challenges
  • The absence of government registration data makes it difficult to assess actual transaction volumes and market liquidity.
  • Limited inventory in the Ready To Move segment (only 5 units) might restrict options for buyers seeking immediate possession.
  • Significant price drops in nearby localities like Kalighat (-21.8%) and Lake Market (-28.31%) could indicate broader regional market volatility or specific local issues.
  • The competitive landscape with varying price points in surrounding areas requires thorough due diligence for optimal investment decisions.
Investment Opportunities Investment Opportunities
  • Consistent quarterly price appreciation in Hazra Road, with rates rising from ₹10,873 to ₹12,012 per sq ft in recent quarters, indicates strong growth potential.
  • Both villa and apartment segments are showing positive price changes (3.88% for villas, 4.26% for apartments), suggesting broad market health.
  • The presence of established projects like 'the oval' and 'merlin temple tower' offers investment in known and potentially appreciating assets.
  • Proximity to high-performing areas like Bhawanipore, which saw an 8.05% price increase, could positively influence Hazra Road's long-term value.
  • Ready To Move properties offer immediate rental income potential with stable pricing at ₹10,144 per sq ft.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Hazra Road, Kolkata

Asking Price Trends

The Hazra Road property market has demonstrated a steady upward trend in its asking prices over recent quarters. Starting from ₹10,873 per sq ft in June 2025, rates climbed to ₹11,821 per sq ft by September 2025. This positive momentum continued, with average prices reaching ₹12,012 per sq ft by December 2025, indicating a consistent appreciation in property values within the locality.

Quarter City Rate
Dec 2025 12012
Sep 2025 11821
Jun 2025 10873
Mar 2025 0
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Price Trends by Property Type

Hazra Road's real estate market caters to diverse buyer preferences across property categories. Villas in the area are commanding an average price of ₹14,306 per sq ft, experiencing a healthy 3.88% increase. Apartments, a prominent segment, are priced competitively at ₹12,524 per sq ft and have also shown a robust 4.26% growth. This strong performance across both property types underscores the locality's broad appeal to residential buyers.

Type Rate (₹/sq.ft) Change %
Villa 14,306 3.88
Apartment 12,524 4.26
Price Trends by Project Status

The Hazra Road market offers properties across various development stages, catering to different buyer timelines. The Ready To Move inventory, comprising 5 units, is available at an average price of ₹10,144 per sq ft, demonstrating a stable 0.16% increase. This segment appeals to those seeking immediate occupancy, providing reliable options within the locality.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 5 10,144 0.16
Price Trends by Localities

Hazra Road, with an average asking price of ₹12,524 per sq ft, holds a premium position compared to many of its surrounding areas in Kolkata. Notably, Bhawanipore commands a higher average of ₹15,210 per sq ft, registering a significant 8.05% increase. Other nearby localities like Paddapukur and Ballygunge offer properties at ₹10,874 per sq ft and ₹11,313 per sq ft respectively, with Ballygunge experiencing a slight dip of 6.27%. More affordable options can be found in areas such as Kalighat at ₹8,806 per sq ft and Lake Market at ₹8,831 per sq ft, which have seen considerable price corrections. Meanwhile, Topsia Road offers properties at a significantly lower average of ₹4,018 per sq ft, while Rash Behari Avenue stands at ₹6,280 per sq ft.

Location Rate (₹/sq.ft) Change %
Topsia Road 4,018 -
Paddapukur 10,874 -
Kalighat 8,806 -21.8
Harish Mukherjee Road 9,119 -
Dover Lane 10,158 -
Lake Market 8,831 -28.3
Ballygunge 11,313 -6.3
Rash Behari Avenue 6,280 -38.1
Bhowanipore 8,661 -14.1
Bhawanipore 15,210 8.1

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Hazra Road are commanding significant asking prices, reflecting their quality and desirable locations. Leading the segment, 'the oval' is priced at ₹11,944 per sq ft, setting a high-value benchmark. 'merlin temple tower' follows with properties averaging ₹10,441 per sq ft, offering another attractive option. 'Gurukul Grandeur' is also a notable project, with rates around ₹9,836 per sq ft, having seen a modest 0.81% increase. Further contributions to the market's aspirational segment include 'siddha aashray' at ₹9,500 per sq ft and 'merlin villa' at ₹9,000 per sq ft.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
The Oval 11,944 -
Merlin Temple Tower 10,441 -
Gurukul Grandeur 9,836 0.8
Siddha Aashray 9,500 -
Merlin Villa 9,000 -
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 ₹ 31.44 L - ₹ 4.88 Cr
  • 3 Projects
  • 12 Years
DLF
Griham Constructions
  • 1 Projects
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