Kolkata
Motijheel currently sustains a stable residential real estate market with an average asking price of ₹5,100 per sq ft. This consistent pricing structure makes the locality an attractive option for those seeking residential apartments in a well-connected part of Kolkata. Rental activity in the wider vicinity is also notable, with neighboring areas like Chinar Park and Rajarhat showing rental rates around ₹50 per sq ft. These figures reflect a healthy balance between capital values and rental demand in the region.
The average asking price in Motijheel is ₹5,100 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price equilibrium in the local residential apartment market.
Property prices in the Motijheel micromarket have shown a fluctuating trend, moving from ₹4,400 per sq ft in December 2025 to ₹4,300 per sq ft in March 2026, before rising to ₹4,450 per sq ft by June 2026. This recent upward movement from the first quarter of 2026 suggests a recovery in market sentiment following the slight dip observed earlier in the year.
Property rates in Motijheel, currently at ₹5,100 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, Golpark commands a higher average of ₹9,350 per sq ft, having appreciated by 8.84% compared to previous periods, while more affordable options are available in Raghunathpur at ₹3,300 per sq ft, which has seen a depreciation of 11.02%. Other nearby areas like Nager Bazar and Bangur Avenue are priced at ₹4,950 per sq ft and ₹6,200 per sq ft respectively, with Bangur Avenue showing significant growth of 19.37%.
As of June 2026, the average price for apartments in Motijheel is ₹5,100 per sq ft. This rate has remained unchanged at 0% compared to the prior period, reflecting a stable pricing environment for apartment seekers in this locality.
Rental rates in the vicinity of Motijheel show consistent pricing in key hubs like Chinar Park and Rajarhat. As of June 2026, Chinar Park maintains an average rental rate of ₹50 per sq ft with a 0% change, while Rajarhat also averages ₹50 per sq ft, having appreciated by 4% compared to previous data points. These rates provide a benchmark for tenants looking for residential options in the broader region.
Investors should note that rental rates in nearby hubs like Chinar Park and Rajarhat are currently averaging ₹50 per sq ft as of June 2026. While Rajarhat has seen a 4% appreciation, Chinar Park has remained stable at 0% change, suggesting that while rental demand is present, it is currently tracking with steady, moderate growth rather than rapid escalation.
