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 maintains a stable baseline, with Skyare Enclave II currently serving as a primary residential project for those looking to invest in the area. Ready to move inventory is available at an average of ₹5,550 per sq ft, providing immediate housing options for buyers seeking to establish themselves in this established part of Kolkata.

Insights

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market Overview

The real estate market in Mahatma Gandhi Road offers a distinct blend of established residential options and localized commercial opportunities. Buyers can find ready to move properties at competitive rates, reflecting the area's ongoing appeal for those prioritizing quick possession. Rental activity in the surrounding region, such as in Tangra, provides a benchmark for investors looking at steady yields. The overall pricing structure remains grounded, ensuring accessibility for diverse buyer segments within the city.

Ready to move projects in the locality currently command an average price of ₹5,550 per sq ft.
Skyare Enclave II represents a notable residential development for buyers in the area.
Rental rates in nearby Tangra are currently averaging ₹50 per sq ft.
The market shows a specific focus on ready-to-occupy units, catering to immediate housing demand.

Market Strengths

The presence of ready to move projects like Skyare Enclave II ensures immediate housing availability.
Competitive entry-level pricing at ₹3,150 per sq ft makes the area accessible for a wide range of buyers.
Proximity to rental markets like Tangra adds depth to the local investment ecosystem.
The market exhibits a clear preference for ready-to-occupy residential properties.
Stable rental benchmarks in the vicinity support potential buy-to-let strategies.

Investment Opportunities

Ready to move residential units are available at ₹5,550 per sq ft, offering immediate value for homeowners.
Rental rates in the nearby Tangra locality provide a stable reference point for investors at ₹50 per sq ft.
The area's established infrastructure supports long-term residential stability for buyers.
Investors can leverage the current average asking price of ₹3,150 per sq ft to enter the Kolkata market.

Top Localities in Mahatma Gandhi Road, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 3

Camac Street

Avg Price ₹ 14,050 /Sq.Ft.

Avg Rent ₹ 86 /Sq.Ft.

YIELD + 7.35

LISTINGS 5

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.

LISTINGS 1

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 96 /Sq.Ft.

YIELD + 6.51

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	14,450	2.7
Park Street	15,200	-2.1
Acharya Jagadish Chandra Bose Road	13,000	-2.5
Chetla	7,300	-
Ballygunge	13,150	1
Park Circus	9,650	-0.5
Hazra Road	11,350	-2.5
Alipore	15,650	0.4
Kalighat	8,850	-2.9
Rash Behari Avenue	6,450	-

The surrounding real estate landscape provides various options for those considering property in this part of Kolkata. While Mahatma Gandhi Road maintains its own price point, nearby areas like Tangra offer rental rates averaging ₹50 per sq ft. These regional variations allow investors to compare localized market performance across the city effectively.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	5,550	-5.6

The Mahatma Gandhi Road market currently features ready to move inventory that caters to those seeking immediate occupancy. These units are priced at an average of ₹5,550 per sq ft. This supply stage supports buyers who prioritize finishing their purchase and moving into their new homes without the wait associated with under construction 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

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

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Skyare Enclave Ii, Mahatma Gandhi Road	5,550	-5.6

Skyare Enclave II stands out as a key residential development in the Mahatma Gandhi Road market. It is currently priced at ₹5,550 per sq ft, which reflects the premium placed on ready-to-move residential projects in this 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

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 ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /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

East Kolkata

Avg. Asking Price ₹ 7,850 /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

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 Sep 2026, the average asking price in Mahatma Gandhi Road is ₹3,150 per sq ft. This rate has remained stable, showing 0% change, which indicates a period of price consistency in this locality. For potential buyers, this stability provides a predictable baseline for evaluating property investments in the area.

How have property rates trended in the Mahatma Gandhi Road micromarket recently?

The micromarket rates in Mahatma Gandhi Road have shown a gradual upward trajectory, reaching ₹10,500 per sq ft as of Sep 2026. This reflects an increase from ₹10,300 per sq ft in Jun 2026, signaling resilient demand within the broader micromarket. Monitoring these quarterly shifts is essential for investors looking to time their entry into the market effectively.

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

Property rates vary significantly across neighbourhoods near Mahatma Gandhi Road, reflecting diverse market segments. For instance, Alipore commands a premium at ₹15,650 per sq ft, having appreciated by 0.38% from Jun 2025 to Mar 2026, while Rash Behari Avenue offers a more accessible entry point at ₹6,450 per sq ft with stable pricing. Other areas like Ballygunge are priced at ₹13,150 per sq ft, showing an appreciation of 1% over the same period, highlighting the premium status of these established residential pockets.

What is the price difference between Ready To Move properties and the overall average in Mahatma Gandhi Road?

Ready To Move properties in Mahatma Gandhi Road are currently priced at ₹5,550 per sq ft as of Sep 2026. This segment has seen a depreciation of 5.62% compared to the previous period, which may be attributed to a market correction or shifts in available inventory. Understanding this status-based pricing is crucial for buyers who prioritize immediate possession over under-construction options.

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

Rental rates in the vicinity of Mahatma Gandhi Road show specific localised trends, such as in Tangra, where the average rental rate is ₹50 per sq ft as of Sep 2026. This rate has remained stable with 0% change, suggesting a balanced rental market in that particular area. For tenants and landlords, this stability provides a clear expectation for rental agreements and income projections.