Property Rates in Machuabazar, Kolkata 2026

Property prices in Machuabazar have shown a trajectory of stability in the most recent period, with the average rate holding at ₹14,000 per sq ft as of June 2026. Looking back at the historical trend, the locality saw a rise from ₹13,550 per sq ft in September 2025 to ₹14,000 per sq ft by December 2025. This historical appreciation indicates a period of sustained demand before the recent stabilization.

Property rates in Machuabazar, currently at ₹14,000 per sq ft as of June 2026, sit in the mid-to-high range when compared to surrounding neighbourhoods. For instance, Sealdah has seen an average rate of ₹13,050 per sq ft, which appreciated by 7.56% from the previous period, while Beliaghata is priced at ₹12,850 per sq ft, reflecting a 1.12% appreciation. Conversely, areas like Kankurgachi and Beleghata show lower average rates of ₹7,600 per sq ft and ₹8,450 per sq ft respectively, both having experienced significant depreciation in their market rates.

Apartments in Machuabazar are currently priced at an average of ₹14,000 per sq ft as of June 2026. This segment has demonstrated growth, having appreciated by 3.23% compared to the previous period, signaling consistent demand for apartment-style living in this locality.

In Machuabazar, 'Well Occupied' projects are currently commanding an average price of ₹7,050 per sq ft as of June 2026. This specific segment has seen an appreciation of 4.19% compared to the previous period, suggesting that established, ready-to-live-in properties are gaining value as they become more sought after by end-users.

Merlin Ornate is a key project in Machuabazar, with a current listing rate of ₹7,050 per sq ft as of June 2026. This project has seen its listing rate appreciate by 4.19% compared to the previous period, reflecting its standing as a notable residential option within the locality.

While specific rental data for Machuabazar is currently limited, nearby areas like Tangra provide a benchmark with an average rental rate of ₹50 per sq ft as of June 2026. This rental rate has remained stable with a 0% change, offering a reference point for landlords and tenants evaluating the broader rental market in this part of Kolkata.

Buyers should use the current average asking price of ₹14,000 per sq ft as of June 2026 as a baseline for negotiation and budget planning. By comparing this to the rates in nearby localities like Sealdah (₹13,050 per sq ft) or Beliaghata (₹12,850 per sq ft), buyers can determine if they are paying a premium for the specific location of Machuabazar. Always consider the appreciation trends, such as the 3.23% growth in apartment prices, to understand if the market is currently in a phase of value growth.