Property Rates in Park Street, Kolkata 2026

Property prices in Park Street have shown a downward trajectory over the last few quarters, moving from ₹13,850 per sq ft in June 2025 to ₹8,000 per sq ft by March 2026. This consistent decline across the observed quarters suggests a market correction or a shift in the available inventory mix. Investors should monitor these trends closely to identify when the market reaches a stabilization point.

Property rates in Park Street at ₹8,000 per sq ft sit in the mid-range when compared to surrounding areas. For instance, neighbouring Alipore commands a higher average of ₹13,500 per sq ft, which depreciated by 11.78%, while more affordable options like Picnic Garden are available at ₹4,450 per sq ft, having appreciated by 7.56% from previous tracking. Ballygunge and Hazra Road remain premium pockets, with rates at ₹11,100 per sq ft and ₹12,500 per sq ft respectively, highlighting the diverse pricing landscape within the broader region.

Ready-to-move apartments in Park Street are currently priced at an average of ₹8,800 per sq ft as of March 2026. This segment has seen a depreciation of 20.37% compared to earlier periods. This premium over the general locality average often reflects the immediate utility and reduced risk associated with completed projects, despite the recent downward adjustment in pricing.

The rental market in Park Street offers an average rental rate of ₹78 per sq ft as of March 2026, which has appreciated by 2.63% compared to previous periods. With a rental yield of 11.70%, the area presents a compelling case for investors seeking income-generating assets. This yield indicates that rental returns are robust relative to the current capital values, making it an attractive proposition for those focused on long-term rental income.

Rental rates in Park Street vary significantly by property type as of March 2026. Showrooms command the highest rates at ₹300 per sq ft, showing a notable appreciation of 24.8% over the comparison period. Shops are currently renting at ₹200 per sq ft with stable rates, while office spaces are available at ₹100 per sq ft, having appreciated by 2.63%.

Eco Exquisito is a key residential project in Park Street with a current listing rate of ₹8,800 per sq ft as of March 2026. This rate has seen a minor depreciation of 0.11% compared to previous data points. As a notable project in central Kolkata, its pricing provides a benchmark for buyers evaluating premium residential options in the area.

Buyers should use the property rates data for Park Street to identify value by comparing the current average of ₹8,000 per sq ft against their budget and investment horizon. Since the market has experienced a 13.25% depreciation as of March 2026, it is important to analyze whether this trend aligns with long-term growth expectations or short-term market corrections. Always consider the specific property type, such as the ₹13,250 per sq ft rate for office spaces, versus the ₹8,000 per sq ft for apartments, to ensure your financial planning is accurate.