Property Rates in Kasba, Kolkata 2026

Property prices in Kasba have shown a positive trajectory, with the location rate rising from ₹5,850 per sq ft in September 2025 to ₹6,150 per sq ft as of June 2026. This consistent growth over the last four quarters signals sustained buyer interest and market confidence. Investors and end-users should note that while the location rate reached ₹6,150 per sq ft by June 2026, the broader micromarket rate also saw fluctuations, reaching ₹7,150 per sq ft in the same period.

Property prices in Kasba vary significantly compared to its neighbours, reflecting the diverse real estate landscape of South Kolkata. While Kasba averages ₹6,150 per sq ft, premium areas like Gariahat command higher rates at ₹11,350 per sq ft (which has appreciated by 11.34%) and Ballygunge at ₹11,100 per sq ft (which has depreciated by 6.70% from previous periods). Conversely, more affordable options can be found in areas like Picnic Garden at ₹4,450 per sq ft, which has appreciated by 7.56%, and Garfa at ₹4,750 per sq ft, which has appreciated by 6.22%.

As of June 2026, apartments in Kasba are priced at an average of ₹6,150 per sq ft, showing a marginal appreciation of 0.24% compared to previous periods. In contrast, villas are currently listed at an average of ₹7,850 per sq ft, which has seen a depreciation of 15.79% over the same timeframe. This indicates that while apartments maintain price stability, the villa segment has experienced a more significant market correction.

Property rates in Kasba are influenced by project status, with Ready To Move units currently averaging ₹6,900 per sq ft as of June 2026, following a depreciation of 16.39% from previous periods. Under Construction projects are priced lower at ₹5,750 per sq ft, which has seen a depreciation of 45.48%, while New Launch projects average ₹5,850 per sq ft, marking a depreciation of 22.89%. These figures suggest that buyers currently have the opportunity to acquire newer or under-construction inventory at a lower price point compared to established, ready-to-move-in properties.

As of June 2026, the most premium residential project in Kasba by listing rate is Megh Mani, priced at ₹12,000 per sq ft, which has appreciated by 3.98%. Other notable projects include Purba Abasan at ₹9,450 per sq ft (up by 18.32%) and Primarc Aahana at ₹6,250 per sq ft, which has remained stable with 0% change. These projects represent a range of price points, with premium developments like Megh Mani commanding significantly higher rates than the locality average.

As of June 2026, the average rental rate in Kasba is ₹94 per sq ft, with rates remaining stable at 0% change compared to previous periods. The locality offers a notable rental yield of 18.34%, which is a strong indicator for investors looking for income-generating assets. This yield suggests that property owners in Kasba can expect competitive rental returns relative to the capital investment required for residential apartments.

The typical monthly rent for a 2 BHK apartment in Kasba is ₹16,650 as of June 2026. This price point makes 2 BHK units a popular choice for tenants seeking a balance between space and affordability in this part of Kolkata. Given the overall rental yield of 18.34% in the locality, these units serve as a steady rental income source for property owners.

Rental rates in the vicinity of Kasba are quite distinct, with areas like Tangra and Purbalok both averaging ₹50 per sq ft as of June 2026. Both of these areas have shown stable rental trends with 0% change over the observed period. Compared to the Kasba average of ₹94 per sq ft, these surrounding micromarkets offer more budget-friendly rental alternatives for tenants.