Property Rates in Park Street, Kolkata

Property prices in Park Street, Kolkata have seen a significant downward trend over the past year. From June 2025 to March 2026, the average asking price depreciated from ₹13,860 per sq ft to ₹7,982 per sq ft. This substantial decrease, particularly evident between September 2025 and March 2026, suggests a market correction or increased supply impacting overall rates.

Property rates vary significantly across neighborhoods near Park Street, Kolkata. As of March 2026, areas like Elgin command a high average rate of ₹19,777 per sq ft, while Shakespeare Sarani is at ₹19,208 per sq ft. In contrast, Mahatma Gandhi Road has a much lower average rate of ₹3,157 per sq ft. Park Circus shows a recent appreciation, with rates at ₹7,747 per sq ft, up by 13.26% from the previous period, and Chetla is at ₹7,075 per sq ft, having appreciated by 1.39%.

In Park Street, Kolkata, apartments have an average price of ₹7,982 per sq ft as of March 2026, which has depreciated by 13.25% from the previous period. Office spaces are priced higher, averaging ₹13,268 per sq ft, and have seen a depreciation of 2.19%.

As of March 2026, the average price for Ready To Move properties in Park Street, Kolkata is ₹8,778 per sq ft. This segment has experienced a significant depreciation of 20.37% over the recent period, suggesting a potential buying opportunity for those seeking immediate occupancy.

The top project in Park Street, Kolkata by listing rates is Eco Exquisito, located in central Kolkata. As of March 2026, its current rate is ₹8,778 per sq ft, which has seen a slight depreciation of 0.11%.

As of March 2026, the average rental rate in Park Street, Kolkata is ₹78 per sq ft. The area offers a healthy rental yield of 11.73%, indicating good potential for rental income relative to property values for investors.

In Park Street, Kolkata, rental rates vary significantly by property type. Showrooms command the highest average rent at ₹307 per sq ft, showing a strong appreciation of 24.8% as of March 2026. Shops are available for rent at an average of ₹176 per sq ft, with no change reported. Office spaces have an average rental rate of ₹78 per sq ft, which has appreciated by 2.63%.

As of March 2026, Tangra, a neighborhood near Park Street, Kolkata, has an average rental rate of ₹30 per sq ft. There has been no reported change in rental rates for this area in the recent period.

The rental market in Park Street, Kolkata shows diverse performance across property types. Showrooms are seeing significant growth, with rents appreciating by 24.8% to ₹307 per sq ft as of March 2026. Office spaces also experienced a positive trend, appreciating by 2.63% to ₹78 per sq ft. Shops maintain a stable rental rate of ₹176 per sq ft.