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Property Rates in Lake Market, Kolkata

Comprehensive Market Snapshot

Lake Market in Kolkata presents a dynamic real estate landscape with an average asking price of ₹8,831 per sq ft. The market has seen notable quarterly price movements, reflecting a period of adjustment for property values. While the local average rental rate isn't directly specified for Lake Market, surrounding areas offer diverse rental opportunities, indicating a vibrant regional rental market. Property types predominantly feature apartments, which have experienced a significant price correction.

  • The current average asking price in Lake Market is ₹8,831 per sq ft.
  • Property rates in Lake Market saw a notable decrease from ₹12,318 per sq ft in September 2025 to ₹8,831 per sq ft by December 2025.
  • Apartment prices within Lake Market have experienced a significant decline of -28.31%.
  • Nearby areas like Prince Anwar Shah Road command higher average rates, reaching ₹14,008 per sq ft.
  • Harish Mukherjee Road stands out in the rental market, offering an average rental rate of ₹108 per sq ft.

  • Asking Sale Price₹ 8,831 /sq.ft
  • Insights
  • Price Trends
  • Other Property Rates

Insights for Lake Market, Kolkata Real Estate Market

The real estate market in Lake Market, Kolkata, is characterized by fluctuating property values, with the current average asking price at ₹8,831 per sq ft. The quarter ending December 2025 saw a notable adjustment in local property rates, contrasting with a steady upward trend observed in the broader micromarket. This divergence suggests localized market dynamics at play, even as some neighboring areas exhibit positive growth in property values. The rental market in adjacent localities shows healthy activity, providing options for tenants and potential returns for investors.

  • Lake Market's average property rate decreased from ₹12,318 per sq ft in September 2025 to ₹8,831 per sq ft in December 2025.
  • Apartment property values in Lake Market have seen a substantial decline of -28.31% over the period.
  • The micromarket rates, encompassing a wider area, consistently grew from ₹5,986 per sq ft in June 2025 to ₹6,368 per sq ft by December 2025.
  • Southern Avenue and Hazra Road recorded positive average price increases of 4.32% and 5.95% respectively.
  • Among nearby rental locations, Harish Mukherjee Road features the highest average rental rate at ₹108 per sq ft.

Market Strengths Market Strengths
  • The broader micromarket rates have shown consistent growth, increasing from ₹5,986 per sq ft in June 2025 to ₹6,368 per sq ft by December 2025.
  • Southern Avenue exhibits positive price momentum with a 4.32% increase in average rates.
  • Hazra Road demonstrates robust growth, with average property rates rising by 5.95%.
  • Prince Anwar Shah Road maintains a high average rate of ₹14,008 per sq ft, indicating its premium market positioning.
  • Harish Mukherjee Road stands out in the rental market with a strong average rental rate of ₹108 per sq ft.
  • Park Street shows positive rental growth, with its average rental rate increasing by 3.95%.
Market Challenges Market Challenges
  • Lake Market's average property rate saw a significant drop from ₹12,318 per sq ft in September 2025 to ₹8,831 per sq ft in December 2025, indicating high price volatility.
  • Apartment prices in Lake Market experienced a substantial -28.31% decline.
  • Rash Behari Avenue witnessed a considerable price decrease of -38.09%.
  • Kalighat also saw a significant drop in average property rates, recording a -21.8% change.
  • Camac Street in the rental market observed a -18% change in its average rental rate.
Investment Opportunities Investment Opportunities
  • Consider properties in Southern Avenue, which has shown a positive price change of 4.32%.
  • Hazra Road presents a growth opportunity with a 5.95% increase in average property rates.
  • The consistent growth in the broader micromarket rates, from ₹5,986 per sq ft to ₹6,368 per sq ft, suggests regional stability.
  • Harish Mukherjee Road offers attractive rental income potential with an average rental rate of ₹108 per sq ft.
  • Lake Market's recent price correction to ₹8,831 per sq ft, down from ₹12,318 per sq ft in Sep 2025, could signal a buying opportunity for long-term investors.
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Property Price Trends in Lake Market, Kolkata

Asking Price Trends

Property price trends in Lake Market have shown considerable volatility recently. The average rate stood at ₹9,282 per sq ft in June 2025, surged to ₹12,318 per sq ft in September 2025, before settling at ₹8,831 per sq ft by December 2025. In contrast, the wider micromarket has experienced a more consistent upward trajectory, with rates increasing steadily from ₹5,986 per sq ft in June 2025 to ₹6,368 per sq ft in December 2025.

Quarter City Rate
Dec 2025 8831
Sep 2025 12318
Jun 2025 9282
Mar 2025 0
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Price Trends by Property Type

Lake Market's real estate market primarily features apartments, which currently hold an average price of ₹8,831 per sq ft. This segment has recently experienced a notable decline, with a change of -28.31%. This trend indicates a market adjustment within the apartment category, influencing the overall property landscape in the area.

Type Rate (₹/sq.ft) Change %
Apartment 8,831 -28.31
Price Trends by Localities

Within the vicinity of Lake Market, property rates vary significantly, reflecting diverse market conditions. Prince Anwar Shah Road commands the highest average rate at ₹14,008 per sq ft, despite experiencing a -4.62% change. Southern Avenue and Hazra Road also feature premium pricing, averaging ₹12,637 per sq ft and ₹12,524 per sq ft respectively, with both areas showing positive growth of 4.32% and 5.95%. Conversely, locations like Topsia Road offer more affordable options at ₹4,018 per sq ft, while Rash Behari Avenue saw a significant decline of -38.09% to ₹6,280 per sq ft.

Location Rate (₹/sq.ft) Change %
Kalighat 8,806 -21.8
Southern Avenue 12,637 4.3
Hazra Road 12,524 6
Lake Gardens 5,680 -7.8
Rash Behari Avenue 6,280 -38.1
Harish Mukherjee Road 9,119 -
Topsia Road 4,018 -
Hindustan Park 5,799 -
Prince Anwar Shah Road 14,008 -4.6
Dover Lane 10,158 -
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