Property Rates in Kankurgachi, Kolkata 2026

Property prices in Kankurgachi have shown a downward trajectory in recent quarters. Data indicates the average rate moved from ₹10,600 per sq ft in September 2025 to ₹10,200 per sq ft in December 2025, and further to ₹7,600 per sq ft by March 2026, reflecting a period of price adjustment for buyers.

Property prices in Kankurgachi, at ₹7,600 per sq ft, are generally more accessible than in several surrounding areas as of June 2026. For instance, Sealdah commands a higher average of ₹13,050 per sq ft (which appreciated by 7.56%), Salt Lake City sits at ₹12,350 per sq ft (appreciating by 19.46%), and Beliaghata averages ₹12,850 per sq ft (appreciating by 1.12%). Conversely, areas like Jessore Road at ₹5,900 per sq ft and Lake Town at ₹6,850 per sq ft currently offer lower entry points compared to Kankurgachi.

As of June 2026, villas in Kankurgachi command a premium with an average price of ₹10,400 per sq ft, having appreciated by 8.58% over the measured period. In contrast, apartments are priced at an average of ₹7,600 per sq ft, which represents a depreciation of 25.34% compared to the prior period, highlighting a clear valuation gap between these two property types.

Property rates in Kankurgachi vary by project status as of June 2026, with Ready To Move units averaging ₹8,250 per sq ft (depreciating by 6.26%). Under Construction and New Launch projects are currently priced at an average of ₹7,900 per sq ft, with the former depreciating by 0.87% and the latter by 0.10%. Mid-stage projects are priced at ₹7,800 per sq ft, showing a significant depreciation of 32.96% compared to the previous period.

As of June 2026, the premium projects in Kankurgachi by listing rate include PS Rain Tree at ₹9,900 per sq ft and Lake District at ₹9,800 per sq ft, both of which have maintained stable pricing with 0% change. BBA Kankurgachi follows at ₹8,350 per sq ft, also showing price stability. Other notable projects like Shrachi Lake Woods, Ujan The Walzen, and Bivas Rukmini Residency are listed at ₹7,900 per sq ft, with varying degrees of price movement, such as Shrachi Lake Woods depreciating by 0.98%.

Rental rates in the vicinity of Kankurgachi remain consistent across key neighbouring markets as of June 2026. Both Salt Lake City and Tangra report an average rental rate of ₹50 per sq ft, with both markets showing stable rental trends at 0% change compared to the previous period.

The depreciation of 25.34% in the average asking price of apartments in Kankurgachi as of June 2026 suggests a notable market correction. For prospective buyers, this may represent an opportunity to enter the market at a more competitive valuation compared to previous highs. Investors should monitor these trends closely to determine if the market is reaching a new equilibrium or if further adjustments are expected in the coming quarters.