Property Rates in Mourigram, Kolkata

The Mourigram real estate market, situated in Kolkata, currently presents properties at an average asking price of ₹2,595 per sq ft, positioning it as a relatively affordable option within the broader city landscape. An analysis of quarterly price trends indicates a significant downward adjustment in the micromarket. Prices, which stood at ₹4,455 per sq ft in June 2025, consistently decreased to ₹3,460 per sq ft by September 2025, further settling at ₹2,942 per sq ft by December 2025. This trend suggests a period of market correction or increased supply influencing pricing dynamics in the recent past. When comparing Mourigram to its immediate surroundings, its pricing is notably lower than premium areas like Khidirpur (₹8,304 per sq ft) and Shalimar (₹7,736 per sq ft). However, it remains competitive with localities such as Andul, which averages ₹2,485 per sq ft, and is more affordable than Howrah at ₹3,614 per sq ft. The absence of government registration data and average rental rates limits a comprehensive understanding of transaction volumes, market liquidity, and investment yields. Despite these data gaps, Mourigram's competitive pricing could attract budget-conscious buyers and long-term investors looking for value. The current market dynamics underscore a need for careful assessment, balancing affordability with the recent price trajectory.