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Insights for Machuabazar, Kolkata Real Estate Market Overview

Machuabazar remains a key residential destination in Kolkata, currently commanding an average rate of ₹14,000 per sq ft for apartments. Market analysis indicates a positive growth trajectory, with prices rising from ₹13,550 per sq ft in the previous quarter to the current level. The surrounding micromarkets show varied performance, providing buyers with a range of price points depending on their specific location needs. Rental activity in the broader region remains stable, with areas like Tangra recording average rental rates of ₹50 per sq ft.

  • Current apartment pricing has seen a healthy appreciation, reaching ₹14,000 per sq ft.
  • The Merlin Ornate project stands out in the local landscape, offering residential options at ₹7,250 per sq ft.
  • Rental rates in the vicinity of Tangra are currently steady at ₹50 per sq ft.
  • Property values in Machuabazar have demonstrated a clear quarterly increase, rising from ₹13,550 to ₹14,000 per sq ft.

Market Strengths
  • Consistent quarterly price appreciation of the core residential market in Machuabazar.
  • Strong performance of key projects like Merlin Ornate, which recorded a 7.54% increase.
  • Diverse price points across the district, ranging from ₹4,800 to ₹14,000 per sq ft.
  • Stable rental demand in the region with established rates of ₹50 per sq ft in Tangra.
  • Positive growth trends in the apartment segment at 3.23%.
Market Challenges
  • The significant price correction of -48.09% in ready-to-move inventory suggests a volatile segment for immediate occupancy.
  • Varying performance in surrounding localities, such as the -25.34% decline in Kankurgachi, requires careful micro-market analysis before investment.
Investment Opportunities
  • Capitalizing on the steady quarterly price growth in Machuabazar, which rose from ₹13,550 to ₹14,000 per sq ft.
  • Exploring residential apartment investments, which currently show a positive annual growth of 3.23%.
  • Considering the entry-level pricing in ready-to-move projects like Merlin Ornate, currently available at ₹7,250 per sq ft.
  • Leveraging the established rental market in nearby Tangra, which maintains a stable rental rate of ₹50 per sq ft.
Price Trend

Machuabazar, Kolkata Property Price Trends and Appreciation

The residential market in Machuabazar has experienced a positive upward shift over the recent months. Prices rose from ₹13,550 per sq ft in September 2025 to reach ₹14,000 per sq ft by December 2025. This steady growth reflects the sustained appeal of the location for property buyers.
Asking Price Trends
₹ 14,000/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 14000
Sep 2025 13550
About Asking Price Trends
Machuabazar Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Sealdah 13,050 7.6
Kankurgachi 7,600 -25.3
Bbd Bagh 15,750 7.7
Beliaghata 12,850 1.1
Phoolbagan 11,050 -1.5
Beleghata 8,450 -20.6
Paikpara 4,800 1.5
Tangra 10,450 -8
Machuabazar commands a premium compared to many neighboring areas, reflecting its central importance in Kolkata. While Sealdah averages ₹13,050 per sq ft, Machuabazar sits at a higher tier of ₹14,000 per sq ft. Nearby locations like Beliaghata hover around ₹12,850 per sq ft, while other spots like Paikpara offer more accessible entry points at ₹4,800 per sq ft. This price diversity allows for a wide range of investment strategies across the district.
Type Rate (₹/Sq.Ft) Change %
Apartment 14,000 3.2
Machuabazar's real estate market is primarily defined by its residential apartment segment. These properties average ₹14,000 per sq ft, reflecting a positive growth of 3.23% over the recent period. This segment caters to buyers looking for established urban living in a prime location.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 7,250 -48.1
The market includes ready-to-move options that cater to immediate housing needs. One such project is currently priced at ₹7,250 per sq ft, which represents a significant adjustment of -48.09% in the current market cycle. This provides a distinct opportunity for buyers prioritizing immediate possession.
Project & Developer Insights

Top Residential Projects and Developers in Machuabazar

Top Projects in Machuabazar
Salarpuria Amarana Residences is the top project in Machuabazar with prices from ₹ 70.57 Lac to 1.01 Cr.
Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr
  • Central Kolkata, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr
  • South Kolkata, Kolkata
Godrej Zen Estate ₹ 45 L - ₹ 90 L
  • Kolkata Suburbs, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 53 L - ₹ 90.7 L
  • South Kolkata, Kolkata
SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L
  • Howrah, Kolkata
Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 51.3 L - ₹ 77.49 L
  • Howrah, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Machuabazar
Merlin Group leads in Machuabazar with 69 projects and 35 years of experience.
DLF
Merlin Group ₹ 15 L - ₹ 4.69 Cr
  • 69 Projects
  • 35 Years
DLF
Vinayak ₹ 39.91 L - ₹ 76.68 L
  • 24 Projects
DLF
Adya Group ₹ 94.64 L - ₹ 1.14 Cr
  • 15 Projects
  • 7 Years
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Merlin Ornate, Machuabazar 7,250 7.5
Premium residential developments in Machuabazar define the local aspirational market. Merlin Ornate is a standout project in this space, currently priced at ₹7,250 per sq ft. This project has seen a positive growth of 7.54%, highlighting its continued appeal to discerning buyers in central Kolkata.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Machuabazar, Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft
Avg. Asking Price ₹ 7,350 /Sq.Ft
Avg. Asking Price ₹ 6,550 /Sq.Ft
Avg. Asking Price ₹ 4,700 /Sq.Ft
Avg. Asking Price ₹ 4,300 /Sq.Ft
Avg. Asking Price ₹ 3,500 /Sq.Ft
Avg. Asking Price ₹ 3,100 /Sq.Ft

More insights about Machuabazar, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Machuabazar, Kolkata

What is the average asking price in Machuabazar as of June 2026?

The average asking price in Machuabazar is ₹14,000 per sq ft as of June 2026. This rate has remained stable with a change percentage of 0% compared to previous reporting periods, indicating a period of price consolidation in this residential market.

How have property prices in Machuabazar trended recently?

Property prices in Machuabazar have shown a fluctuating trajectory over the past year. Data indicates the micromarket rate reached ₹10,550 per sq ft in June 2026, following a period where the location rate was recorded at ₹14,000 per sq ft in December 2025 and ₹13,550 per sq ft in September 2025. This movement suggests that buyers and investors should monitor these shifts closely to understand the evolving valuation of residential assets in the area.

How do property prices in Machuabazar compare to nearby neighbourhoods?

Property prices in the vicinity of Machuabazar vary significantly across different neighbourhoods. For instance, Bbd Bagh commands a higher average rate of ₹15,750 per sq ft, which has appreciated by 7.69% compared to the previous period, while Kankurgachi has seen a depreciation of 25.34% to reach ₹7,600 per sq ft. Other nearby areas like Sealdah are priced at ₹13,050 per sq ft, showing an appreciation of 7.56%, and Beliaghata is at ₹12,850 per sq ft, reflecting a modest appreciation of 1.12%.

What is the average price for apartments in Machuabazar?

The average price for apartments in Machuabazar is ₹14,000 per sq ft as of June 2026. This segment has seen an appreciation of 3.23% compared to the prior period, highlighting a consistent demand for apartment-style living in this locality.

What are the rates for Ready To Move properties in Machuabazar?

Ready To Move properties in Machuabazar are currently priced at an average of ₹7,250 per sq ft as of June 2026. This represents a significant depreciation of 48.09% compared to the previous period, which may present a unique entry point for end-users looking for immediate occupancy.

What is the rental rate in the Tangra area near Machuabazar?

The average rental rate in the nearby Tangra area is ₹50 per sq ft as of June 2026. Rental rates in this location have remained stable with a change percentage of 0%, providing a predictable environment for tenants and landlords in the vicinity of the Machuabazar market.

What is the current listing rate for Merlin Ornate in Machuabazar?

The current listing rate for Merlin Ornate in Machuabazar is ₹7,250 per sq ft as of June 2026. This project has seen an appreciation of 7.54% compared to the previous period, reflecting its standing as a notable residential option within the local market.

How should investors interpret the property rate data for Machuabazar?

Investors should use the provided property rate data to identify value gaps and growth trends across the locality and its surrounding areas. By comparing the current average asking price of ₹14,000 per sq ft with the performance of specific projects like Merlin Ornate or neighbouring markets like Sealdah and Beliaghata, investors can better assess the potential for capital appreciation and rental demand. Always consider the specific appreciation or depreciation trends, such as the 3.23% growth in apartment prices, to gauge the market's momentum before making investment decisions.

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