Kolkata
Motijheel’s real estate landscape is characterized by a stable residential market with an average asking price of ₹5,100 per sq ft. The area provides a balanced environment for property seekers, with rental rates in the surrounding regions like Chinar Park and Rajarhat holding steady at ₹50 per sq ft. This consistent pricing structure supports long-term planning for homeowners and investors who prioritize stability over volatile market swings. The broader Kolkata market shows diverse trends, with neighboring localities exhibiting a wide spectrum of growth and price points.
As of June 2026, the average asking price in Motijheel is ₹5,100 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a period of price consolidation in this residential apartment market.
Property prices in Motijheel have shown a recovery trend in the most recent quarter. As of June 2026, the micromarket rate stands at ₹4,450 per sq ft, up from ₹4,300 per sq ft in March 2026, reflecting a positive shift in market sentiment after a dip observed in December 2025.
Property prices in Motijheel vary significantly when compared to surrounding areas in Kolkata. For instance, while Motijheel averages ₹5,100 per sq ft, areas like Golpark command a premium at ₹9,350 per sq ft, having appreciated by 8.84% from the previous period. Conversely, more affordable options are available in nearby localities such as Baguiati, which averages ₹3,500 per sq ft, though this area has seen a depreciation of 2.21%.
Among the localities surrounding Motijheel, Bangur Avenue has recorded the most significant growth, with its average asking price reaching ₹6,200 per sq ft, marking a substantial appreciation of 19.37% over the measured period. Dum Dum Cantt also shows strong momentum with a 15.46% appreciation, bringing its average rate to ₹4,250 per sq ft as of June 2026.
Rental rates in the vicinity of Motijheel are currently observed at approximately ₹50 per sq ft in key neighbouring hubs. Specifically, in Rajarhat, the average rental rate is ₹50 per sq ft, which has appreciated by 4% compared to the previous period, suggesting steady demand for rental housing in that corridor.
Investors looking at the broader Motijheel region should note that while specific rental yields are currently unavailable, rental rates in nearby established markets like Chinar Park and Rajarhat are holding steady at ₹50 per sq ft. The 4% appreciation in Rajarhat rental rates as of June 2026 indicates a healthy demand for rental properties, which can be a useful benchmark for landlords evaluating income potential in the greater Kolkata residential market.
