Property Rates in Mahatma Gandhi Road, Kolkata

Comprehensive Market Snapshot

The property market in Mahatma Gandhi Road, Kolkata, presents an asking price of ₹3,157 per sq ft. This rate is significantly lower than the broader micromarket average of ₹16,017 per sq ft recorded in Jun 2025, indicating a unique positioning within the city. The area currently features limited ready-to-move inventory, with one project, Skyare Enclave II, driving the market. Rental data for the immediate area is sparse, though Tangra, a nearby locality, shows an average rental rate of ₹30 per sq ft.

The average asking price in Mahatma Gandhi Road stands at ₹3,157 per sq ft.
The broader micromarket rate for the quarter ending Jun 2025 was ₹16,017 per sq ft.
Ready To Move properties, represented by one unit, are priced at ₹5,466 per sq ft, showing a 9.65% increase.
Skyare Enclave II is a notable project in Mahatma Gandhi Road, with properties listed at ₹5,466 per sq ft, reflecting a 9.65% price change.
In a nearby area, Tangra offers an average rental rate of ₹30 per sq ft.

Asking Sale Price₹ 3,157 /sq.ft

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market

Mahatma Gandhi Road in Kolkata exhibits a distinctive property market landscape, with an average asking price of ₹3,157 per sq ft. This valuation contrasts sharply with the broader micromarket rate, which reached ₹16,017 per sq ft in the quarter ending Jun 2025, suggesting a specific market segment or property profile for the locality. The 'Ready To Move' segment currently features a single unit, priced at ₹5,466 per sq ft, marking a positive growth of 9.65%. This segment is notably influenced by projects like Skyare Enclave II, which aligns with these pricing and growth trends. While specific rental data for Mahatma Gandhi Road is not available, the nearby Tangra locality offers an average rental rate of ₹30 per sq ft.

The average asking price for properties on Mahatma Gandhi Road is ₹3,157 per sq ft, significantly below the micromarket average of ₹16,017 per sq ft in Jun 2025.
Ready To Move properties in the area are available at an average of ₹5,466 per sq ft, having seen a 9.65% increase.
Skyare Enclave II, located in Mahatma Gandhi Road, is a key project with properties listed at ₹5,466 per sq ft, also reflecting a 9.65% appreciation.
Compared to nearby areas, Mahatma Gandhi Road's asking price is substantially lower than premium localities like Elgin (₹19,777 per sq ft) and Shakespeare Sarani (₹19,208 per sq ft).
Tangra, a neighboring area, records an average rental rate of ₹30 per sq ft.

Market Strengths

Mahatma Gandhi Road offers properties at an attractive asking price of ₹3,157 per sq ft, making it a potentially more accessible market segment within Kolkata.
The 'Ready To Move' properties in the area have demonstrated a healthy 9.65% price increase, indicating positive market sentiment for completed units.
Skyare Enclave II, a key project in the locality, has shown a 9.65% appreciation, highlighting its strong performance and buyer interest.
The presence of established projects with positive price momentum suggests stability and growth potential for specific developments.
Compared to the high rates of some neighboring localities, Mahatma Gandhi Road may offer more budget-friendly options.

Market Challenges

The significantly lower asking price of ₹3,157 per sq ft in Mahatma Gandhi Road compared to the broader micromarket rate of ₹16,017 per sq ft suggests potential disparities in property type or development status within the locality.
Limited availability of 'Ready To Move' inventory, with only one unit reported, might restrict choices for immediate buyers.
The absence of specific rental rate data for Mahatma Gandhi Road itself could make rental yield projections challenging for investors.

Investment Opportunities

Consider 'Ready To Move' properties in Mahatma Gandhi Road, which have shown a 9.65% price increase and are priced at ₹5,466 per sq ft.
Explore projects like Skyare Enclave II, offering properties at ₹5,466 per sq ft with a 9.65% appreciation, indicating potential for capital growth.
The comparatively lower asking price of ₹3,157 per sq ft for Mahatma Gandhi Road, versus the micromarket rate of ₹16,017 per sq ft, may present value investment opportunities in specific property segments.

Property Price Trends in Mahatma Gandhi Road, Kolkata

Asking Price Trends

The property market in Mahatma Gandhi Road, Kolkata, recorded an asking price of ₹3,157 per sq ft for the quarter ending Jun 2025. This rate positions it distinctively compared to the broader micromarket, which saw an average price of ₹16,017 per sq ft during the same period. This notable difference highlights varying market dynamics within the region.

Quarter	City Rate
Dec 2025	0
Sep 2025	0
Jun 2025	3157
Mar 2025	0

Price Trends by Project Status

The Mahatma Gandhi Road market currently features 'Ready To Move' properties as its primary offering. This segment, representing one unit, commands an average price of ₹5,466 per sq ft. Notably, these ready-to-move options have experienced a positive price change of 9.65%, making them an attractive proposition for immediate occupancy.

Status	No of Project	Rate (₹/sq.ft)	Change %
Ready To Move	1	5,466	9.65

Price Trends by Localities

Property rates around Mahatma Gandhi Road showcase a wide spectrum, with the locality's asking price at ₹3,157 per sq ft. This is considerably lower than premium areas like Elgin, commanding ₹19,777 per sq ft with a 15.67% increase, and Shakespeare Sarani, which averages ₹19,208 per sq ft despite a -16.49% decline. Minto Park also stands at a higher ₹17,721 per sq ft. However, some areas like Park Street, at ₹6,495 per sq ft, and Chetla, at ₹7,075 per sq ft, offer more comparable pricing, though still higher than Mahatma Gandhi Road.

Location	Rate (₹/sq.ft)	Change %
Elgin	19,777	15.7
Minto Park	17,721	-
Shakespeare Sarani	19,208	-16.5
Park Street	6,495	-51.2
Ripon Street	8,040	-
Bhowanipore	8,661	-14.1
Bhawanipore	15,210	8.1
Taltala	8,795	3.7
Paddapukur	10,874	-
Chetla	7,075	-4.6

Project and Developer Insights

Merlin Legacy ₹ 75.08 L - ₹ 1.45 Cr

Central Kolkata, Kolkata

Salarpuria Meraki ₹ 75 L - ₹ 87 L

South Kolkata, Kolkata

Godrej Zen Estate ₹ 45 L - ₹ 74.47 L

Kolkata Suburbs, Kolkata

Merlin Regalia ₹ 39.05 L - ₹ 1.19 Cr

Kolkata Suburbs, Kolkata

Merlin Legacy ₹ 75.08 L - ₹ 1.45 Cr

Central Kolkata, Kolkata

Merlin Oikyo ₹ 15 L - ₹ 29.84 L

South Kolkata, Kolkata

Merlin 5th Avenue ₹ 80.71 L - ₹ 1.44 Cr

East Kolkata, Kolkata

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

In Mahatma Gandhi Road, premium residential developments are setting key benchmarks for asking prices. Skyare Enclave II, located within Mahatma Gandhi Road in Central Kolkata, is a prominent project with properties listed at ₹5,466 per sq ft. This project has also seen a positive price change of 9.65%, reflecting its strong market positioning.

Listing Rate

Project Name	Rate (₹/sq.ft)	Change %
Skyare Enclave Ii	5,466	9.7

Shivom Realty ₹ 62.72 L - ₹ 1.29 Cr

7 Projects
11 Years

Skyare Developers ₹ 30 L - ₹ 48.66 L

3 Projects

Property Rates of Other Localities in Kolkata

Park Street Avg. Asking Price ₹ 6,495/sq.ft

Camac Street

Acharya Jagadish Chandra Bose Road

Minto Park Avg. Asking Price ₹ 17,721/sq.ft

Connect to our Real Estate Experts today

Why Invest through
Square Yards?

Zero Brokerage100% Service, 0% Brokerage.
Lowest Price GuaranteedHighly unlikely, but if you find a lower price anywhere, tell us and we will match it.
Full Service SupportOur sales personnel are accountable for every step.

Home Finance & DownpaymentMaximum loan approval with the best interest rates
Interior Design & Home RenovationFrom completed homes to modular furniture, our top interior designers match your vision.
Rental & Property ManagementWe handle everything from tenant finding to rent collection

Dedicated Relationship Manager for Lifetime
Legal Protection & Litigation Support
Taxation & Compliance
Construction & Pricing Updates
Resale & Rental Assistance
RE Portfolio Tracking