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. This area serves as a notable hub within Kolkata, offering accessible entry points for potential homeowners. The local market currently features ready-to-move projects, including developments like Skyare Enclave II which is priced at ₹5,200 per sq ft. Investors and homebuyers focusing on central connectivity find this location a practical choice for long-term residential stability and balanced property acquisition.

Insights

Insights for Mahatma Gandhi Road, Kolkata Real Estate Market Overview

Mahatma Gandhi Road presents a distinct real estate landscape in Kolkata, characterized by a mix of established residential options and competitive pricing. The market maintains a steady focus on ready-to-move inventory, which provides immediate value for those looking to settle in a well-connected part of the city. Rental activity in the surrounding region, particularly in areas like Tangra, remains active with average rates around ₹50 per sq ft. This combination of accessible purchase prices and consistent rental demand highlights the area's utility for diverse property seekers.

Ready-to-move properties on Mahatma Gandhi Road are currently priced at an average of ₹5,200 per sq ft.
The broader central Kolkata region shows a varied residential landscape with rates reaching up to ₹13,500 per sq ft in premium pockets like Alipore.
Tangra serves as a key nearby micromarket, maintaining an average rental rate of ₹50 per sq ft.
Skyare Enclave II stands out as a primary residential project in the area, currently commanding a rate of ₹5,200 per sq ft.

Market Strengths

The area provides highly accessible entry-level pricing for residential properties compared to other central Kolkata locations.
Consistent rental rates of ₹50 per sq ft in nearby Tangra support the potential for steady rental income for property owners.
Ready-to-move inventory like Skyare Enclave II allows for immediate property utilization, reducing risks associated with project delays.
Central positioning in Kolkata ensures long-term connectivity and sustained interest from a broad tenant and buyer base.

Market Challenges

Ready-to-move projects in the area have seen a price adjustment of -5.23%, reflecting current market corrections.
The overall average asking price of ₹3,150 per sq ft remains lower compared to premium central Kolkata hubs, which may impact rapid capital appreciation expectations.

Investment Opportunities

Ready-to-move residential units are available at an average price of ₹5,200 per sq ft, offering immediate occupancy for investors.
Rental rates in the neighboring Tangra area are holding steady at ₹50 per sq ft, indicating a consistent demand for leased properties in the vicinity.

Top Localities in Mahatma Gandhi Road, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.

LISTINGS 2

Camac Street

Avg Price ₹ 12,450 /Sq.Ft.

Avg Rent ₹ 82 /Sq.Ft.

YIELD + 7.90

LISTINGS 8

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 4

Acharya Jagadish Chandra Bose Road

Avg Price ₹ 12,650 /Sq.Ft.

Avg Rent ₹ 80 /Sq.Ft.

YIELD + 7.59

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

Mahatma Gandhi Road is positioned within a vibrant network of Kolkata neighborhoods, each offering unique price points. While areas like Alipore and Hazra Road command premium rates exceeding ₹12,500 per sq ft, Mahatma Gandhi Road provides a more accessible alternative for buyers. Nearby Tangra averages ₹10,450 per sq ft, further highlighting the diverse investment landscape across this central corridor.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	5,200	-5.2

The market at Mahatma Gandhi Road features ready-to-move inventory, providing a clear path for buyers seeking immediate possession. These properties currently average ₹5,200 per sq ft, reflecting a -5.23% adjustment that offers value for those prioritizing move-in ready homes. This supply enables buyers to secure established residential units without the waiting periods associated with under-construction projects.

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 - ₹ 74.47 L

Kolkata Suburbs, Kolkata

Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr

South Kolkata, Kolkata

Godrej Orchard ₹ 52.21 L - ₹ 85.26 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 ₹ 47.25 L - ₹ 71.37 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	5,200	-5.2

Premium residential developments on Mahatma Gandhi Road showcase the area's evolving housing standards. Skyare Enclave II leads the segment with a current rate of ₹5,200 per sq ft, reflecting a -5.23% change. This project serves as a key benchmark for buyers looking for quality residential options in this central locality.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

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 ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

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

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, Kolkata?

As of March 2026, the average asking price in Mahatma Gandhi Road is ₹3,150 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a consistent pricing environment for residential apartments in this locality.

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

Property rates in Mahatma Gandhi Road, currently at ₹3,150 per sq ft, are notably lower than many surrounding neighbourhoods. For instance, Alipore commands a significantly higher rate of ₹13,500 per sq ft, which depreciated by 11.78% from the previous period, while Sealdah stands at ₹13,050 per sq ft, having appreciated by 7.56%. Other nearby areas like Hazra Road at ₹12,500 per sq ft and Ballygunge at ₹11,100 per sq ft also reflect a premium compared to the Mahatma Gandhi Road market.

What is the current price for ready-to-move properties in Mahatma Gandhi Road?

Ready-to-move properties in Mahatma Gandhi Road are currently priced at an average of ₹5,200 per sq ft as of March 2026. This segment has seen a depreciation of 5.23% compared to the previous period, reflecting a market adjustment in the availability of completed residential units.

Which residential project in Mahatma Gandhi Road has the highest listing rate?

Skyare Enclave II is a prominent residential project in Mahatma Gandhi Road, currently featuring a listing rate of ₹5,200 per sq ft as of March 2026. This project's rate has depreciated by 5.23% from the previous period, mirroring the broader trend observed in the ready-to-move property segment within the locality.

What is the rental market situation in the vicinity of Mahatma Gandhi Road?

While specific rental data for Mahatma Gandhi Road is limited, the nearby Tangra area offers rental options at an average rate of ₹50 per sq ft as of March 2026. This rental rate has remained stable with a 0% change, suggesting a consistent demand-supply balance for tenants looking for residential spaces in this part of Kolkata.