Kolkata
The real estate market in Raja Bazar maintains a steady profile for residential apartment seekers, with average asking prices currently positioned at ₹5,400 per sq ft. While the local apartment segment has seen a shift of -3.69% in valuation, the broader Kolkata region showcases a diverse range of pricing across various surrounding localities. Rental activity in the vicinity is anchored by established hubs such as Tangra, offering a reliable benchmark for those evaluating potential yields in this part of the city. Future growth remains tied to the ongoing development of residential infrastructure and the relative affordability of the area compared to premium commercial pockets.
As of September 2026, the average asking price in Raja Bazar is ₹5,400 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price equilibrium in this locality. For potential buyers, this stability suggests a predictable market environment, though it is always advisable to monitor local listing activity to gauge specific project-level negotiations.
The micromarket rate in Raja Bazar has shown an upward trajectory in recent quarters, reaching ₹10,500 per sq ft as of September 2026. This reflects a steady increase from ₹10,300 per sq ft recorded in June 2026. This consistent growth in the micromarket rate suggests strengthening demand or limited inventory availability in the surrounding area, which investors and homebuyers should factor into their long-term valuation assessments.
Property rates in Raja Bazar vary significantly when compared to surrounding areas in Kolkata. As of September 2026, nearby residential hubs like Beliaghata have an average asking price of ₹12,300 per sq ft, which has depreciated by 2.29% compared to the previous period. Conversely, Kankurgachi shows an average asking price of ₹10,100 per sq ft, having appreciated by 4.46% over the same timeframe, while Beleghata currently stands at ₹9,450 per sq ft, reflecting a significant depreciation of 15.56%.
As of September 2026, the average asking price for apartments in Raja Bazar is ₹5,400 per sq ft. This figure reflects a depreciation of 3.69% compared to the previous period. This downward adjustment in apartment pricing may present a more attractive entry point for end-users looking to purchase residential property in this specific locality.
While specific rental data for Raja Bazar is limited, the nearby area of Tangra reports an average rental rate of ₹50 per sq ft as of September 2026. This rental rate has remained stable with a change percentage of 0% compared to the previous period. Investors looking at the broader Raja Bazar region can use this neighbouring benchmark to estimate potential rental income, though actual yields will depend on specific property amenities and proximity to commercial hubs.
