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Insights for Park Street, Kolkata Real Estate Market Overview

The real estate market in Park Street offers a mix of premium commercial opportunities and established residential options. While apartment prices have seen a recent adjustment, the commercial sector displays strong growth, particularly in office spaces and showrooms. Rental demand remains a standout feature, with significant yields drawing interest from investors looking for steady returns in a central location. The market is defined by its prime accessibility and a diverse inventory that serves both business owners and residents.

  • Office spaces have seen a substantial 16.86% price increase, currently averaging ₹15,500 per sq ft.
  • Rental yields in the area are notably high at 11.70%, with showrooms fetching an average of ₹400 per sq ft.
  • The ready-to-move apartment segment is priced at ₹9,150 per sq ft, reflecting the value of established infrastructure.
  • Rental rates for office spaces have climbed by 23.08% over the past year, reaching an average of ₹100 per sq ft.

Market Strengths
  • The area maintains a strong commercial appeal with office spaces averaging ₹15,500 per sq ft.
  • Rental yields of 11.70% offer a compelling proposition for income-focused investors.
  • Showrooms in the locality generate significant rental income at ₹400 per sq ft.
  • Consistent rental growth in the office segment, currently rising at 23.08% annually.
  • The prime location in central Kolkata continues to attract high-value business activity.
Market Challenges
  • The residential apartment sector has experienced a -13.25% change in average pricing, indicating a softer market for sellers.
  • Ready-to-move projects have seen a -17.14% change in pricing, suggesting a period of correction for established units.
Investment Opportunities
  • Capitalize on the impressive 11.70% rental yield, which is one of the highest in the region.
  • Target the showroom segment for rental income, as it commands a premium average of ₹400 per sq ft.
  • Consider office spaces for long-term growth, given the 16.86% price appreciation observed recently.
  • Leverage the steady rental demand for office spaces, which have seen rental rates grow by 23.08%.
Top Localities in Park Street, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.
LISTINGS 4

Mahatma Gandhi Road

Avg Price ₹ 3,150 /Sq.Ft.
LISTINGS 1

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.
Avg Rent ₹ 91 /Sq.Ft.
YIELD + 6.17
LISTINGS 2

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.
LISTINGS 1
Price Trend

Park Street, Kolkata Property Price Trends and Appreciation

Property rates in Park Street have fluctuated over recent quarters as the market adjusts to evolving demand. Data shows a location rate of ₹15,500 per sq ft as of June 2026, following a period of varied pricing activity. This trend highlights the sensitivity of the local market to broader economic shifts within central Kolkata.
Asking Price Trends
₹ 8,000/Sq.Ft -13.25 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 15500
Mar 2026 13250
Dec 2025 13550
Sep 2025 14400
About Asking Price Trends
Park Street Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Chetla 7,100 1.4
Park Circus 7,750 13.3
Ballygunge 11,100 -6.7
Bhowanipore 8,550 1.1
Hazra Road 12,500 4.3
Sealdah 13,050 7.6
Tangra 10,450 -8
Rash Behari Avenue 6,300 -1.9
Alipore 13,500 -11.8
Picnic Garden 4,450 7.6
Park Street is surrounded by several prominent neighborhoods that offer varying price points for property seekers. Sealdah commands a high average rate of ₹13,050 per sq ft, while Alipore sits at ₹13,500 per sq ft. In contrast, locations like Picnic Garden offer more accessible entry points at ₹4,450 per sq ft. Nearby areas such as Bhowanipore and Park Circus provide additional variety, with rates hovering at ₹8,550 and ₹7,750 per sq ft respectively.
Type Rate (₹/Sq.Ft) Change %
Office Space 15,500 16.9
Apartment 8,000 -13.2
Park Street offers a distinct split between its residential and commercial segments. Office spaces lead the market with an average of ₹15,500 per sq ft, having experienced a sharp 16.86% increase. Meanwhile, apartments are priced at an average of ₹8,000 per sq ft, reflecting a -13.25% change that provides a different entry point for residential investors.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 9,150 -17.1
The market provides options for immediate occupancy through its ready-to-move inventory. These properties are currently priced at an average of ₹9,150 per sq ft, catering to buyers who prioritize convenience and established amenities in the heart of the city.
Project & Developer Insights

Top Residential Projects and Developers in Park Street

Top Projects in Park Street
Salarpuria Amarana Residences is the top project in Park Street with prices from ₹ 70.57 Lac to 1.01 Cr.
Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr
  • Central Kolkata, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr
  • South Kolkata, Kolkata
Godrej Zen Estate ₹ 45 L - ₹ 90 L
  • Kolkata Suburbs, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 53 L - ₹ 90.7 L
  • South Kolkata, Kolkata
SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L
  • Howrah, Kolkata
Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 51.3 L - ₹ 77.49 L
  • Howrah, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Park Street
PS Group leads in Park Street with 45 projects and 34 years of experience.
DLF
PS Group ₹ 14.5 L - ₹ 8.77 Cr
  • 45 Projects
  • 34 Years
DLF
Siddha ₹ 27.06 L - ₹ 5.89 Cr
  • 32 Projects
  • 33 Years
DLF
Multicon ₹ 37.35 L - ₹ 3.06 Cr
  • 21 Projects
DLF
Diamond Group ₹ 45 L - ₹ 95 L
  • 18 Projects
DLF
Ecoprime Highrise ₹ 4.57 Cr - ₹ 4.59 Cr
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Eco Exquisito, Park Street 9,150 4
Eco Exquisito stands out as a key residential development in Park Street, currently priced at ₹9,150 per sq ft. This project has seen a 3.95% increase, positioning it as a notable option for those seeking quality living in a central location.
Rental Trends

Rental Trends and Average Rent in Park Street, Kolkata

Rental rates in the surrounding area show significant variance, with Tangra recording an average rental rate of ₹50 per sq ft. This provides a baseline for understanding the broader rental landscape in the vicinity of Park Street. The rental market is dominated by high-value commercial assets, with showrooms leading at ₹400 per sq ft. Shops follow with an average of ₹200 per sq ft, while office spaces provide a steady return at ₹100 per sq ft, marking a 23.08% growth over the previous year.
Park Street Rent Comparison
  • By Location
  • By Property Type
Locality Rate (₹/Sq.Ft) Change %
Tangra 50 -
Rental rates in the surrounding area show significant variance, with Tangra recording an average rental rate of ₹50 per sq ft. This provides a baseline for understanding the broader rental landscape in the vicinity of Park Street.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 400 33.9
Shop 200 -
Office Space 100 23.1
The rental market is dominated by high-value commercial assets, with showrooms leading at ₹400 per sq ft. Shops follow with an average of ₹200 per sq ft, while office spaces provide a steady return at ₹100 per sq ft, marking a 23.08% growth over the previous year.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Park Street, Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft
Avg. Asking Price ₹ 7,350 /Sq.Ft
Avg. Asking Price ₹ 6,550 /Sq.Ft
Avg. Asking Price ₹ 4,700 /Sq.Ft
Avg. Asking Price ₹ 4,300 /Sq.Ft
Avg. Asking Price ₹ 3,500 /Sq.Ft
Avg. Asking Price ₹ 3,100 /Sq.Ft

More insights about Park Street, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Park Street, Kolkata

What is the average asking price in Park Street as of June 2026?

As of June 2026, the average asking price in Park Street is ₹8,000 per sq ft. This figure represents a depreciation of 13.25% compared to the previous period, reflecting a recent market correction in residential apartment valuations within the locality.

How have property rates in Park Street trended over the last few quarters?

Property rates in Park Street have shown a fluctuating trajectory throughout the first half of 2026. As of June 2026, the location rate stands at ₹15,500 per sq ft, which marks a notable shift from the ₹13,250 per sq ft recorded in March 2026 and the ₹13,550 per sq ft observed in December 2025.

How do property prices in Park Street compare to nearby neighbourhoods?

Property prices in Park Street vary significantly when compared to surrounding areas in Kolkata. For instance, while Park Street averages ₹8,000 per sq ft, nearby areas like Sealdah command a higher average of ₹13,050 per sq ft (which has appreciated by 7.56% recently), and Alipore stands at ₹13,500 per sq ft (which has depreciated by 11.78%). Conversely, more affordable options can be found in Picnic Garden at ₹4,450 per sq ft, which has seen an appreciation of 7.56%.

What is the price difference between office spaces and apartments in Park Street?

As of June 2026, there is a distinct pricing gap between commercial and residential segments in Park Street. Office spaces are currently priced at an average of ₹15,500 per sq ft, having appreciated by 16.86% compared to the previous period. In contrast, residential apartments are priced at ₹8,000 per sq ft, reflecting a depreciation of 13.25% over the same timeframe.

What are the rates for Ready To Move properties in Park Street?

Ready To Move properties in Park Street are currently available at an average price of ₹9,150 per sq ft as of June 2026. This segment has experienced a depreciation of 17.14% compared to the previous period, which may offer a more competitive entry point for buyers looking for immediate possession.

What is the current rental yield in Park Street and why does it matter for investors?

The current rental yield in Park Street is 11.70% as of June 2026, which indicates a strong income-generating potential for property owners. A yield of this level is significant for investors, as it suggests that the rental income relative to the capital investment is robust, potentially offsetting the recent fluctuations in property sale prices.

How do rental rates vary by property type in Park Street?

Rental rates in Park Street differ substantially based on the property category as of June 2026. Showrooms command the highest rental rate at ₹400 per sq ft, having appreciated by 33.88%, followed by shops at ₹200 per sq ft, which have remained stable. Office spaces are currently renting at ₹100 per sq ft, showing a strong appreciation of 23.08% compared to the previous period.

What does the rental rate data in Tangra indicate for those looking outside Park Street?

For those exploring options near Park Street, Tangra offers a more accessible rental market with an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with 0% change, providing a predictable cost environment for tenants compared to the more volatile rental trends observed in the primary Park Street market.

What is the current listing rate for Eco Exquisito in Park Street?

As of June 2026, the project Eco Exquisito in Park Street has a current listing rate of ₹9,150 per sq ft. This project has seen an appreciation of 3.95% compared to the previous period, indicating sustained interest in this specific development within the central Kolkata region.

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