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 market currently highlights a singular focus on ready-to-move projects, which are priced at approximately ₹4,950 per sq ft. This area serves as a practical entry point for those seeking established residential inventory in Kolkata. With specific projects like Skyare Enclave II leading the local supply, investors and homebuyers can find accessible opportunities in this well-connected part of the city.

Insights

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market Overview

The real estate landscape in Mahatma Gandhi Road presents a clear picture of established residential demand, with a current average asking price of ₹3,150 per sq ft. Market activity is primarily driven by ready-to-move inventory, ensuring that buyers can transition into their new homes without delay. While surrounding areas in Kolkata exhibit a wide spectrum of pricing, this locality maintains a distinct market position. Developers continue to prioritize project stability, which influences the current supply dynamics in the region.

Ready-to-move properties in the locality are currently priced at an average of ₹4,950 per sq ft.
The Skyare Enclave II project serves as a key residential landmark in the area.
Rental rates for residential property in the nearby Tangra area average ₹50 per sq ft.
The market shows a specific pricing trend for immediate occupancy units, which have seen a change of -9.07%.

Market Strengths

The locality features established ready-to-move residential projects such as Skyare Enclave II.
The average asking price of ₹3,150 per sq ft provides a competitive entry point for residential investment in Kolkata.
Proximity to rental markets like Tangra, which averages ₹50 per sq ft, enhances the overall residential appeal.

Market Challenges

Ready-to-move property segments in the area have seen a price adjustment of -9.07% over the recent period.

Investment Opportunities

Ready-to-move residential units provide immediate occupancy potential for investors at a price point of ₹4,950 per sq ft.
Rental demand in the nearby Tangra market shows consistent potential with an average rate of ₹50 per sq ft.

Top Localities in Mahatma Gandhi Road, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 4

Chowringhee

Avg Price ₹ 13,600 /Sq.Ft.

LISTINGS 1

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 91 /Sq.Ft.

YIELD + 6.17

LISTINGS 2

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.

LISTINGS 2

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 %
Park Street	8,000	-13.2
Bhowanipore	8,550	1.1
Chetla	7,100	1.4
Ballygunge	11,100	-6.7
Park Circus	7,750	13.3
Hazra Road	12,500	4.3
Alipore	13,500	-11.8
Rash Behari Avenue	6,300	-1.9
Sealdah	13,050	7.6
Tangra	10,450	-8

The surrounding real estate landscape of Kolkata displays significant variance in pricing compared to the local average. While high-end locales like Alipore command ₹13,500 per sq ft and Hazra Road averages ₹12,500 per sq ft, Mahatma Gandhi Road remains a more accessible option. Meanwhile, areas like Tangra hover around ₹10,450 per sq ft, and Sealdah maintains a rate of ₹13,050 per sq ft, highlighting the premium nature of these established central districts.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	4,950	-9.1

The Mahatma Gandhi Road market is currently defined by ready-to-move inventory that caters to those seeking immediate possession. This segment, which includes 1 unit, is priced at ₹4,950 per sq ft and has experienced a change of -9.07%. This supply structure allows buyers to prioritize move-in timelines while evaluating the current market valuation.

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 ₹ 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

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

3 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Skyare Enclave Ii, Mahatma Gandhi Road	4,950	-9.1

Premium residential developments in Mahatma Gandhi Road are anchored by key projects that define the local living standard. Skyare Enclave II stands out as a significant residential offering, priced at ₹4,950 per sq ft. This project reflects the current market valuation for ready-to-occupy homes in the central Kolkata region, offering a benchmark for buyers focusing on established residential infrastructure.

Explore Property Rates in Top Cities

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /Sq.Ft

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

Central Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft

East Kolkata

Avg. Asking Price ₹ 7,350 /Sq.Ft

South Kolkata

Avg. Asking Price ₹ 6,550 /Sq.Ft

North Kolkata

Avg. Asking Price ₹ 4,700 /Sq.Ft

North Central

Avg. Asking Price ₹ 4,300 /Sq.Ft

Hooghly

Avg. Asking Price ₹ 3,500 /Sq.Ft

Howrah

Avg. Asking Price ₹ 3,100 /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 is ₹3,150 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this residential apartment market.

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 neighbouring areas. For instance, Alipore commands a higher average asking price of ₹13,500 per sq ft, despite a depreciation of 11.78% compared to previous periods. Conversely, areas like Chetla offer more accessible entry points at ₹7,100 per sq ft, which has seen an appreciation of 1.39%. Other notable rates include Hazra Road at ₹12,500 per sq ft (up 4.26%) and Sealdah at ₹13,050 per sq ft (up 7.56%), reflecting the diverse pricing landscape within this part of Kolkata 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 ₹4,950 per sq ft. This segment has experienced a depreciation of 9.07% compared to the prior period, which may signal a market correction or a shift in inventory availability for completed residential units.

Which projects are currently notable in Mahatma Gandhi Road based on listing rates?

Skyare Enclave II is a key project in Mahatma Gandhi Road, currently featuring a listing rate of ₹4,950 per sq ft as of June 2026. This project has seen a depreciation of 9.07% in its listing rate, mirroring the broader trend observed for ready-to-move residential apartments in the locality.

What are the rental trends in the areas surrounding Mahatma Gandhi Road?

Rental activity in the immediate vicinity of Mahatma Gandhi Road is highlighted by the market in Tangra, where the average rental rate is ₹50 per sq ft as of June 2026. This rental rate has remained stable with a 0% change, suggesting consistent demand and supply dynamics for rental properties in that specific neighbourhood.

How should a buyer interpret the price stability in Mahatma Gandhi Road?

The 0% change in the average asking price of ₹3,150 per sq ft as of June 2026 indicates that the market in Mahatma Gandhi Road is currently in a phase of price equilibrium. For potential buyers, this stability can be advantageous as it allows for more predictable budget planning without the immediate pressure of rapid appreciation, while investors might look for specific project-level value opportunities within the locality.