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 is anchored by ready-to-move projects like Skyare Enclave II, which currently commands a premium rate of ₹5,900 per sq ft. This signifies a strong upward trajectory, with the project recording an 18.51% increase in value. Investors and homebuyers are increasingly focusing on these established residential options that offer immediate possession and clear potential for continued growth.

Insights

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market Overview

The real estate market along Mahatma Gandhi Road presents a compelling mix of established residential inventory and specific growth opportunities. With an average base rate of ₹3,150 per sq ft, the area remains an accessible entry point in Kolkata, while premium ready-to-move projects are seeing significant price appreciation. Rental activity in the broader region is highlighted by consistent demand, particularly in nearby hubs like Tangra where rates reach ₹50 per sq ft. Developers are focusing on delivering high-quality residential spaces to meet the rising demand for immediate occupancy.

Skyare Enclave II leads the residential segment with a current rate of ₹5,900 per sq ft.
Ready-to-move projects in the locality have experienced a notable price growth of 18.51%.
Tangra exhibits a stable rental market, averaging ₹50 per sq ft.
The market shows a distinct price gap between general residential averages and top-tier project offerings.

Market Strengths

High growth momentum in ready-to-move inventory with an 18.51% increase in rates.
Accessible entry-level property rates of ₹3,150 per sq ft compared to wider city averages.
Strong performance of flagship projects like Skyare Enclave II.
Stable rental environment in the immediate vicinity at ₹50 per sq ft.
High desirability of ready-to-move residential assets.

Investment Opportunities

Ready-to-move projects show a strong price appreciation of 18.51%, suggesting high demand for immediate occupancy.
Investment in projects like Skyare Enclave II offers exposure to premium segment pricing at ₹5,900 per sq ft.
The competitive base rate of ₹3,150 per sq ft provides a low-entry cost for long-term capital gains.
Rental stability in the surrounding region, such as Tangra at ₹50 per sq ft, supports consistent rental income potential.

Top Localities in Mahatma Gandhi Road, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 2

Camac Street

Avg Price ₹ 14,050 /Sq.Ft.

Avg Rent ₹ 86 /Sq.Ft.

YIELD + 7.35

LISTINGS 6

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.

LISTINGS 2

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 96 /Sq.Ft.

YIELD + 6.51

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

Real estate rates across Kolkata show significant variation, with Mahatma Gandhi Road positioned at a more accessible entry point of ₹3,150 per sq ft. In contrast, premium commercial hubs such as Park Street and Alipore command rates of ₹15,500 and ₹15,600 per sq ft, respectively. Other established locations like Ballygunge and Gariahat hover between ₹11,950 and ₹13,050 per sq ft, reflecting a substantial premium over the Mahatma Gandhi Road corridor.

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

The Mahatma Gandhi Road market offers ready-to-move inventory that caters to those seeking immediate possession. This segment, featuring projects like Skyare Enclave II, averages ₹5,900 per sq ft and has seen a robust 18.51% increase, highlighting strong buyer preference for completed developments.

Project & Developer Insights

Top Residential Projects and Developers in Mahatma Gandhi Road

Shriram Grand City ₹ 25.79 L - ₹ 61.54 L

Central Kolkata, Kolkata

Salarpuria Meraki ₹ 98 L - ₹ 1.15 Cr

South Kolkata, Kolkata

Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr

South Kolkata, Kolkata

Godrej Orchard ₹ 53 L - ₹ 90.7 L

South Kolkata, Kolkata

Tata 88 East ₹ 3.70 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

Godrej Prakriti ₹ 58.96 L - ₹ 1.00 Cr

North 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, driven by luxury features and prime positioning. Skyare Enclave II stands out as the leading project, priced at ₹5,900 per sq ft, reflecting a significant 18.51% growth in its market valuation.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /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

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

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

Central Kolkata

Avg. Asking Price ₹ 10,300 /Sq.Ft

South Kolkata

Avg. Asking Price ₹ 6,850 /Sq.Ft

North Kolkata

Avg. Asking Price ₹ 4,850 /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?

As of June 2026, the average asking price in Mahatma Gandhi Road stands at ₹3,150 per sq ft. This rate has remained stable, showing a 0% change, which typically indicates a period of price consolidation in the local residential market.

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

Property rates in Mahatma Gandhi Road are notably lower than in several surrounding premium areas. For instance, Alipore commands an average asking price of ₹15,600 per sq ft, having appreciated by 15.74% compared to the previous period. Other nearby locations like Ballygunge at ₹13,050 per sq ft (up 17.29%) and Gariahat at ₹11,950 per sq ft (up 5.26%) also reflect significantly higher valuations, highlighting Mahatma Gandhi Road as a more accessible entry point for residential buyers.

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

Ready To Move properties in Mahatma Gandhi Road are currently priced at an average of ₹5,900 per sq ft as of June 2026. This segment has seen significant growth, with prices appreciating by 18.51% compared to the previous period, signaling strong demand and buyer preference for immediate possession in this area.

Which projects in Mahatma Gandhi Road are currently notable for their listing rates?

Skyare Enclave II is a key residential project in Mahatma Gandhi Road, currently featuring a listing rate of ₹5,900 per sq ft as of June 2026. This project has experienced an appreciation of 18.51% compared to the previous period, reflecting the broader upward trend observed in the Ready To Move segment within this locality.

Are there any areas near Mahatma Gandhi Road that have seen a decline in property prices?

Yes, some nearby areas have experienced a market correction recently. As of June 2026, Hazra Road has seen its average asking price depreciate by 7.11% to reach ₹11,650 per sq ft, while Tangra has seen a depreciation of 6.58%, bringing its average asking price to ₹9,750 per sq ft. These adjustments often occur due to shifts in local supply or cooling demand in specific micro-pockets.

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

The 0% change in the average asking price of ₹3,150 per sq ft in Mahatma Gandhi Road as of June 2026 suggests a balanced market where supply and demand are currently in equilibrium. For investors, this stability can be a sign of a low-volatility environment, which may be suitable for those prioritizing capital preservation over short-term speculative gains.