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Property Rates in Park Circus, Kolkata

Comprehensive Market Snapshot

Park Circus in Kolkata presents a dynamic real estate landscape with an average asking price of ₹7,747 per sq ft. While registration rates are currently not specified, the market shows a positive trend, with prices expected to increase towards March 2026. Residential apartments are a key segment, averaging ₹7,747 per sq ft. The rental market offers an average rate of ₹63 per sq ft with a notable rental yield of 9.76%.

  • Asking Sale Price₹ 7,747 /sq.ft

Insights for Park Circus, Kolkata Real Estate Market

Park Circus, Kolkata, is experiencing a fluctuating yet generally upward price trend, with the average asking price standing at ₹7,747 per sq ft. Projections indicate further growth, with rates anticipated to reach ₹7,747 per sq ft by March 2026, up from ₹6,840 per sq ft in December 2025. Residential apartments are a significant component of this market, with an average price of ₹7,747 per sq ft and a notable increase of 13.26%. Villas also show strong performance, priced at ₹15,568 per sq ft with a 13.21% rise. The rental market is active, boasting an average rental rate of ₹63 per sq ft and a healthy rental yield of 9.76%. Sub-locations like Tangra report an average rental rate of ₹30 per sq ft. The broader property market analysis reveals diverse pricing across micro-markets, with areas like Ballygunge Place commanding higher rates compared to Kustia.

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Property Price Trends in Park Circus, Kolkata

Asking Price Trends

The real estate market in Park Circus, Kolkata, is showing a positive trajectory in asking prices. Projections for March 2026 estimate an average rate of ₹7,747 per sq ft, an increase from ₹6,840 per sq ft in December 2025. This upward trend is also reflected in the September 2025 quarter, which saw rates at ₹7,682 per sq ft.

Quarter City Rate
Mar 2026 7747
Dec 2025 6840
Sep 2025 7682
Jun 2025 8531
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Price Trends by Property Type

In Park Circus, Kolkata, residential apartments are priced at an average of ₹7,747 per sq ft, marking a 13.26% increase. Villas represent a more premium segment, averaging ₹15,568 per sq ft with a 13.21% rise, indicating strong demand for larger, independent homes.

Type Rate (₹/sq.ft) Change %
Villa 15,568 13.21
Apartment 7,747 13.26
Price Trends by Localities

Park Circus's real estate market exhibits varied pricing across its localities. Gobra averages ₹9,049 per sq ft, while Bondel Road commands a higher ₹10,208 per sq ft. Chetla is priced at ₹7,075 per sq ft, showing a slight increase. Meanwhile, Ballygunge is listed at ₹11,115 per sq ft, and Ballygunge Place is significantly higher at ₹12,656 per sq ft. Park Street offers properties around ₹7,982 per sq ft.

Location Rate (₹/sq.ft) Change %
Kustia 5,637 -
Gobra 9,049 -
Bondel Road 10,208 -
Chetla 7,075 1.4
Ballygunge 11,115 -6.7
Ballygunge Place 12,656 -
Park Street 7,982 -13.2
Shakespeare Sarani 19,208 -
Minto Park 17,721 -
Elgin 19,777 -

FAQs about Property Rates in Park Circus, Kolkata

What is the average asking price in Park Circus, Kolkata as of March 2026?

As of March 2026, the average asking price in Park Circus, Kolkata is ₹7,747 per sq ft. This represents a significant appreciation of 13.26% from the previous period, indicating a strong upward trend in property values within the locality.

How have property prices in Park Circus, Kolkata trended over the last few quarters?

Property prices in Park Circus, Kolkata have shown a fluctuating trend. From June 2025 to March 2026, the average asking price per sq ft moved from ₹8,531 to ₹7,747. Notably, after a dip from ₹8,531 in June 2025 to ₹7,682 in September 2025, prices saw an increase to ₹6,840 in December 2025 before reaching ₹7,747 in March 2026. The micromarket rate has seen a more consistent increase from ₹5,986 in June 2025 to ₹6,573 in March 2026.

How do property rates vary across different neighborhoods within or near Park Circus, Kolkata?

Property rates vary significantly across neighborhoods near Park Circus, Kolkata. As of March 2026, Ballygunge Place commands the highest average rate at ₹12,656 per sq ft, while Kustia offers more affordable options at ₹5,637 per sq ft. Other notable micromarkets include Ballygunge at ₹11,115 per sq ft, which has seen a depreciation of 6.7%, and Gobra at ₹9,049 per sq ft. Park Street has experienced a notable decrease of 13.25% to ₹7,982 per sq ft.

What are the average prices for apartments and villas in Park Circus, Kolkata?

In Park Circus, Kolkata, apartments are priced at an average of ₹7,747 per sq ft as of March 2026, showing an appreciation of 13.26%. Villas in the area are priced higher, averaging ₹15,568 per sq ft, and have also seen a significant appreciation of 13.21% over the same period.

What is the average rental rate and rental yield in Park Circus, Kolkata?

The average rental rate in Park Circus, Kolkata stands at ₹63 per sq ft as of March 2026. This translates to a healthy rental yield of 9.76%, suggesting that property owners can expect a good return on their investment through rental income relative to the property's capital value.

How do rental rates compare across different micromarkets near Park Circus, Kolkata?

Rental rates vary by micromarket near Park Circus, Kolkata. As of March 2026, Tangra has an average rental rate of ₹30 per sq ft, with no reported change in rates. This indicates a stable rental market in Tangra, though it is lower than the overall average for Park Circus.

What does the rental yield of 9.76% in Park Circus, Kolkata signify for investors?

A rental yield of 9.76% in Park Circus, Kolkata, as of March 2026, is a strong indicator for potential investors. This figure suggests that the annual rental income generated by a property is equivalent to 9.76% of its capital value. A higher rental yield generally signifies a more attractive investment for those seeking regular income from their real estate assets, potentially outpacing capital appreciation in some scenarios.

What is the difference between the asking price and the Government Registration Rate in Park Circus, Kolkata?

As of March 2026, the average asking price in Park Circus, Kolkata is ₹7,747 per sq ft, while the Government Registration Rate is listed as ₹0 per sq ft. This substantial difference suggests that the recorded government rates for property registration in this area are not reflecting the current market's asking prices, which is common in many real estate markets.

What are the implications of the 13.26% appreciation in Park Circus's average asking price?

The 13.26% appreciation in the average asking price in Park Circus, Kolkata, from December 2025 to March 2026, signals robust demand and positive market sentiment. Such a consistent rise in prices can be interpreted as strong investor confidence and potentially limited supply, making it a favorable environment for sellers and indicating potential capital gains for existing property owners.

Which neighborhoods near Park Circus show price appreciation or depreciation?

Among the neighborhoods near Park Circus, Chetla has shown a modest appreciation of 1.39% in its average rate, reaching ₹7,075 per sq ft as of March 2026. Conversely, Ballygunge has experienced a notable depreciation of 6.7%, with its average rate falling to ₹11,115 per sq ft. Park Street has also seen a significant decrease of 13.25%, settling at ₹7,982 per sq ft.

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