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Insights for Park Street, Kolkata Real Estate Market Overview

Park Street functions as a core commercial and residential hub in Kolkata, characterized by diverse property valuations and high rental activity. While residential apartment rates have seen adjustments, the commercial sector displays strong growth, particularly for office spaces. The rental market is especially vibrant, with high yields attracting investors looking for steady returns from prime locations. Ongoing project developments continue to shape the skyline, offering opportunities for those seeking established, high-value real estate assets.

  • Office spaces command a premium at ₹15,500 per sq ft, reflecting a 16.86% year-on-year increase.
  • Rental yields in the area are impressive at 11.70%, significantly outpacing many surrounding neighborhoods.
  • Showrooms lead the rental market with rates reaching ₹400 per sq ft, marking a 33.88% growth.
  • Ready-to-move apartment inventory is currently priced at an average of ₹9,150 per sq ft.
  • The Eco Exquisito project stands out as a key residential development with a current rate of ₹9,150 per sq ft.

Market Strengths
  • Strong commercial demand drives office space sales growth of 16.86%.
  • Exceptional rental yield of 11.70% offers a competitive edge over surrounding localities.
  • Showroom rental rates are highly profitable, reaching an average of ₹400 per sq ft.
  • The area remains a central business hub, maintaining high interest in office space rentals at ₹100 per sq ft.
  • Top residential projects like Eco Exquisito maintain stable growth at 3.95%.
Market Challenges
  • Residential apartment rates have experienced a decline of -13.25%, indicating a cooling phase in the segment.
  • Ready-to-move property prices have adjusted by -17.14% over the recent period.
Investment Opportunities
  • High rental yields of 11.70% make Park Street an attractive destination for income-focused investors.
  • Showroom rentals have surged by 33.88%, indicating strong demand for commercial retail space.
  • Office space rentals have seen a 23.08% increase, highlighting the area's popularity as a business hub.
  • The 16.86% price growth in office space sales suggests potential for capital appreciation in commercial assets.
Top Localities in Park Street, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.
LISTINGS 3

Shakespeare Sarani

Avg Price ₹ 19,200 /Sq.Ft.
LISTINGS 1

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.
Avg Rent ₹ 91 /Sq.Ft.
YIELD + 6.17
LISTINGS 1
Price Trend

Park Street, Kolkata Property Price Trends and Appreciation

The Park Street market has experienced varied price movements over recent quarters. Starting from ₹14,400 per sq ft in September 2025, rates shifted to ₹13,550 by December 2025 before reaching ₹13,250 in March 2026. By June 2026, the location rate climbed to ₹15,500 per sq ft, reflecting a dynamic recovery in market confidence.
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 buyers. Sealdah stands at a higher end with rates of ₹13,050 per sq ft, while Alipore averages ₹13,500 per sq ft despite recent downward trends. In contrast, Bhowanipore offers more accessible options at ₹8,550 per sq ft, and Picnic Garden remains a budget-friendly alternative at ₹4,450 per sq ft. These diverse local markets provide investors with a wide spectrum of entry prices across Kolkata.
Type Rate (₹/Sq.Ft) Change %
Office Space 15,500 16.9
Apartment 8,000 -13.2
Park Street’s real estate market caters to diverse buyer preferences across property categories. Commercial office spaces lead the premium segment at ₹15,500 per sq ft, experiencing a robust growth of 16.86%. Conversely, residential apartments are currently priced at ₹8,000 per sq ft, showing a shift of -13.25% as the market recalibrates.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 9,150 -17.1
The Park Street market offers properties at various stages of development to suit different buyer timelines. Ready-to-move inventory, comprising 1 unit, averages ₹9,150 per sq ft with a change of -17.14%, providing a transparent benchmark for those seeking immediate occupancy.
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 ₹ 53.63 L - ₹ 1.07 Cr
  • 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
Premium residential developments in Park Street set high-value benchmarks, reflecting their central location and luxury status. Leading the segment, Eco Exquisito is priced at ₹9,150 per sq ft, representing a positive growth of 3.95%. This project continues to be a focal point for buyers looking for quality residential options in the heart of the city.
Rental Trends

Rental Trends and Average Rent in Park Street, Kolkata

Rental rates in the region vary, with Tangra currently averaging ₹50 per sq ft. This provides a clear baseline for investors comparing rental returns across different parts of the city. Commercial properties dominate the rental landscape in Park Street. Showrooms command the highest rates at ₹400 per sq ft with a 33.88% increase, while shops average ₹200 per sq ft. Office spaces follow with a rental rate of ₹100 per sq ft, marking a significant 23.08% rise.
Park Street Rent Comparison
  • By Location
  • By Property Type
Locality Rate (₹/Sq.Ft) Change %
Tangra 50 -
Rental rates in the region vary, with Tangra currently averaging ₹50 per sq ft. This provides a clear baseline for investors comparing rental returns across different parts of the city.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 400 33.9
Shop 200 -
Office Space 100 23.1
Commercial properties dominate the rental landscape in Park Street. Showrooms command the highest rates at ₹400 per sq ft with a 33.88% increase, while shops average ₹200 per sq ft. Office spaces follow with a rental rate of ₹100 per sq ft, marking a significant 23.08% rise.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /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

Micromarket-Wise Property Price Trends Around Park Street, Kolkata

Avg. Asking Price ₹ 10,300 /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 current average asking price in Park Street, Kolkata?

As of June 2026, the average asking price in Park Street is ₹8,000 per sq ft. This figure reflects a depreciation of 13.25% when compared to the previous period, indicating a market correction in the residential apartment segment.

How have property prices in Park Street trended over the recent quarters?

Property prices in Park Street have shown a fluctuating trend throughout the recent quarters. As of June 2026, the location rate stands at ₹15,500 per sq ft, rising from ₹13,250 per sq ft in March 2026, ₹13,550 per sq ft in December 2025, and ₹14,400 per sq ft in September 2025.

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

Property prices in Park Street vary significantly compared to surrounding areas in Kolkata. For instance, Alipore commands an average asking price of ₹13,500 per sq ft (which depreciated by 11.78%), while Ballygunge is priced at ₹11,100 per sq ft (depreciating by 6.7%). Conversely, more affordable options exist in areas like 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, office spaces in Park Street are significantly more expensive than residential apartments, with an average price of ₹15,500 per sq ft, having appreciated by 16.86%. In contrast, apartments are currently priced at ₹8,000 per sq ft, which represents a depreciation of 13.25% compared to the previous period.

What is the current status of Ready To Move property prices in Park Street?

Ready To Move properties in Park Street are currently priced at an average of ₹9,150 per sq ft as of June 2026. This segment has experienced a depreciation of 17.14% compared to the previous period, reflecting a shift in the pricing dynamics for completed residential units.

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

The rental yield in Park Street is currently 11.70%, which is a strong indicator of the potential income return relative to the capital investment for property owners. With an average rental rate of ₹78 per sq ft as of June 2026, which has appreciated by 2.63%, this high yield suggests that the area remains attractive for commercial and residential landlords looking for consistent rental income.

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

Rental rates in Park Street show distinct variations based on property type as of June 2026. Showrooms command the highest rent 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, marking a significant appreciation of 23.08%.

What is the significance of the Eco Exquisito project in Park Street?

Eco Exquisito is a notable project in Park Street with a current listing rate of ₹9,150 per sq ft as of June 2026. This project has seen an appreciation of 3.95% in its listing rate, positioning it as a key residential development within the Central Kolkata market.

How should a potential buyer interpret the price depreciation in Park Street?

A depreciation of 13.25% in the average asking price of apartments in Park Street as of June 2026 suggests a market correction or a shift in supply-demand balance. Buyers should view this as an opportunity to potentially enter a premium market at a lower entry point compared to previous periods, though it is essential to compare this against the specific project status and individual property features.

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