Mahatma Gandhi Road Property Rates — ₹3,150/sq ft

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Property Rates in Mahatma Gandhi Road

Property rates in Mahatma Gandhi Road average ₹3,150 per sq ft. The local market showcases clear potential, highlighted by high-value residential developments like Skyare Enclave II. With ready-to-move projects commanding an average of ₹5,900 per sq ft, the area reflects a growing interest from buyers seeking immediate occupancy. This pricing structure balances affordability with premium project options, making it a noteworthy location for those looking to invest in Kolkata's evolving real estate landscape.

Insights

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market Overview

Mahatma Gandhi Road presents a unique real estate landscape in Kolkata, characterized by diverse entry points for both residential and commercial buyers. The market is currently anchored by ready-to-move projects, which have seen significant appreciation, reflecting strong demand for finished inventory. Investors and homeowners alike are finding value here, particularly as top-tier developments continue to set new benchmarks for quality and pricing. While the broader city market sees varied performance, this locality maintains a distinct position that appeals to those prioritizing established infrastructure and connectivity.

Ready-to-move projects in the area have seen a notable price increase of 18.51%, currently averaging ₹5,900 per sq ft.
Skyare Enclave II stands out as a key residential project, reflecting the premium segment of the local market.
Rental rates in the nearby Tangra locality provide a baseline for investors, currently holding at ₹50 per sq ft.
The market exhibits a clear preference for completed inventory, signaling buyer confidence in established residential assets.

Market Strengths

Consistent price appreciation of 18.51% in the ready-to-move residential segment.
Strategic location within Kolkata, providing access to diverse surrounding property markets.
Presence of high-value residential projects like Skyare Enclave II that elevate the area's profile.
Competitive entry-level pricing for investors compared to premium city-center hubs.
Availability of established ready-to-move inventory for immediate occupancy.

Investment Opportunities

Ready-to-move residential units offer a growth of 18.51%, presenting a strong opportunity for capital appreciation.
The average rental rate of ₹50 per sq ft in nearby Tangra suggests potential for steady income in the broader region.
Entry-level pricing at ₹3,150 per sq ft provides an accessible investment point compared to higher-priced neighboring localities.
Demand for finished inventory is reflected in the premium pricing of ₹5,900 per sq ft for ready-to-move projects.

Top Localities in Mahatma Gandhi Road, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 3

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.

LISTINGS 1

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 91 /Sq.Ft.

YIELD + 6.17

LISTINGS 1

Price Trend

Mahatma Gandhi Road, Kolkata Property Price Trends and Appreciation

About Asking Price Trends

Mahatma Gandhi Road Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Camac Street	14,050	-
Park Street	15,500	16.9
Acharya Jagadish Chandra Bose Road	13,350	-
Ballygunge	13,050	17.3
Park Circus	9,700	25.4
Hazra Road	11,650	-7.1
Alipore	15,600	15.7
Kalighat	9,100	-
Tangra	9,750	-6.6
Gariahat	11,950	5.3

Mahatma Gandhi Road sits within a competitive regional landscape where property rates vary significantly. Nearby commercial hubs like Park Street command a premium at ₹15,500 per sq ft, while residential areas like Alipore average ₹15,600 per sq ft. In comparison, more accessible locations such as Kalighat and Tangra offer rates of ₹9,100 and ₹9,750 per sq ft respectively, providing a wide range of options for diverse buyer profiles.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	5,900	18.5

The Mahatma Gandhi Road market features ready-to-move inventory that caters to those seeking immediate possession. These properties, represented by select projects, average ₹5,900 per sq ft and have experienced a growth of 18.51%, underscoring the high demand for finished homes in the area.

Project & Developer Insights

Top Residential Projects and Developers in Mahatma Gandhi Road

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 ₹ 98 L - ₹ 1.15 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

New Launch

Under Construction

Ready to Move

Shivom Realty ₹ 62.72 L - ₹ 1.29 Cr

7 Projects
11 Years

Skyare Developers ₹ 30 L - ₹ 48.66 L

4 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Skyare Enclave Ii, Mahatma Gandhi Road	5,900	18.5

Premium residential developments on Mahatma Gandhi Road are setting high value benchmarks. Skyare Enclave II leads the segment with an asking price of ₹5,900 per sq ft, having recorded a growth of 18.51%. This project represents the high-end residential choice for buyers in the locality.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mahatma Gandhi Road, Kolkata

Central Kolkata

Avg. Asking Price ₹ 10,300 /Sq.Ft

East Kolkata

Avg. Asking Price ₹ 7,850 /Sq.Ft

North Central

Avg. Asking Price ₹ 6,950 /Sq.Ft

South Kolkata

Avg. Asking Price ₹ 6,850 /Sq.Ft

North Kolkata

Avg. Asking Price ₹ 4,850 /Sq.Ft

Hooghly

Avg. Asking Price ₹ 3,400 /Sq.Ft

Howrah

Avg. Asking Price ₹ 2,850 /Sq.Ft

More insights about Mahatma Gandhi Road, Kolkata

Mahatma Gandhi Road, Kolkata Overview

FAQ

Frequently Asked Questions About Property Rates in Mahatma Gandhi Road, Kolkata

What is the current average asking price in Mahatma Gandhi Road, Kolkata?

As of June 2026, the average asking price in Mahatma Gandhi Road is ₹3,150 per sq ft. This rate has remained stable, showing a change percentage of 0% over the observed period, which typically indicates a balanced market environment where supply and demand are currently in equilibrium.

How do property prices in Mahatma Gandhi Road compare to nearby neighbourhoods?

Property prices in the vicinity of Mahatma Gandhi Road show significant variation across different Kolkata neighbourhoods. For example, Alipore commands a higher average asking price of ₹15,600 per sq ft, having appreciated by 15.74% compared to the previous period. Conversely, areas like Kalighat maintain an average asking price of ₹9,100 per sq ft with stable pricing, while Tangra has seen a depreciation of 6.58% to reach an average asking price of ₹9,750 per sq ft as of June 2026.

What is the price trend for Ready To Move properties in Mahatma Gandhi Road?

As of June 2026, Ready To Move properties in Mahatma Gandhi Road are priced at an average of ₹5,900 per sq ft. This segment has experienced notable growth, having appreciated by 18.51% compared to the previous period, signaling strong buyer preference for immediate possession housing in this locality.

Which projects in Mahatma Gandhi Road currently show the highest listing rates?

Skyare Enclave II is a prominent project in Mahatma Gandhi Road, currently listing at an average rate of ₹5,900 per sq ft as of June 2026. This project has seen its listing rate appreciate by 18.51% over the observed period, reflecting the broader trend of rising values for quality residential inventory in this part of Central Kolkata.

What rental insights are available for the areas surrounding Mahatma Gandhi Road?

While specific rental data for Mahatma Gandhi Road is currently limited, the nearby locality of Tangra offers an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, providing a baseline for tenants and landlords looking at residential rental trends in this region of Kolkata.

How should investors interpret the price stability in Mahatma Gandhi Road?

The current average asking price of ₹3,150 per sq ft in Mahatma Gandhi Road, which has shown 0% change as of June 2026, suggests a period of price consolidation. For investors, this stability can be a signal of a mature market where property values are holding steady, allowing for a more predictable entry point compared to rapidly fluctuating micromarkets.

Are there significant price differences between residential and commercial zones near Mahatma Gandhi Road?

Yes, there is a clear distinction in pricing between residential and commercial-focused areas near Mahatma Gandhi Road. For instance, commercial office spaces in Park Street are currently valued at ₹15,500 per sq ft, having appreciated by 16.86% from the previous period, whereas residential apartments in Gariahat are priced at ₹11,950 per sq ft, showing an appreciation of 5.26% as of June 2026.