The real estate landscape in Mourigram presents a distinct value proposition within the Kolkata market, characterized by an accessible entry point of ₹2,600 per sq ft. While surrounding areas like Shibpur and Kona command significantly higher premiums, Mourigram remains a stable residential choice for buyers prioritizing affordability and long-term appreciation. Rental activity in the broader region is supported by consistent demand in neighboring areas such as Behala, where rates currently hover around ₹50 per sq ft.
The average asking price in Mourigram is ₹2,600 per sq ft as of June 2026. This rate has remained stable, showing 0% change, which indicates a period of price equilibrium in the local residential apartment market.
Property prices in Mourigram have experienced a fluctuating trend over the past four quarters. The micromarket rate was ₹3,450 per sq ft in September 2025, shifted to ₹2,950 per sq ft in December 2025, reached ₹3,100 per sq ft in March 2026, and is currently at ₹2,850 per sq ft as of June 2026. These variations reflect the dynamic nature of supply and demand within the locality.
Property rates in Mourigram, currently at ₹2,600 per sq ft, are positioned competitively against several neighbouring areas. For instance, Andul maintains an average asking price of ₹2,500 per sq ft, having appreciated by 3.03% over the observed period. In contrast, Shibpur commands a significantly higher average asking price of ₹5,100 per sq ft, which has seen a notable appreciation of 27.72%.
The average rental rate in the nearby area of Behala is ₹50 per sq ft as of June 2026. This rental market has shown positive momentum, having appreciated by 5% over the relevant period, suggesting a growing demand for rental housing in this part of the region.
Among nearby localities, Shibpur has witnessed the most significant growth, with its average asking price of ₹5,100 per sq ft appreciating by 27.72%. Conversely, Vip Road has seen a depreciation of 18.22%, bringing its average asking price to ₹4,650 per sq ft as of June 2026. These shifts highlight the diverse investment performance across different micromarkets surrounding Mourigram.