Squareyards Logo
Blogs
Download App Sell or Rent Property
Login
Insights

Insights for Shakespeare Sarani, Kolkata Real Estate Market Overview

The real estate market in Shakespeare Sarani reflects a mature and highly sought-after urban environment in Kolkata. Property values remain elevated, supported by the area's central location and proximity to major business hubs. While residential apartments command a premium, the commercial sector remains a vital component of the local economy, interacting with nearby markets such as Park Street and Alipore. Rental activity in the broader region shows consistent demand, particularly in areas like Tangra where rates are steady at ₹50 per sq ft.

  • Residential apartments in Shakespeare Sarani are currently priced at an average of ₹19,200 per sq ft.
  • Under-construction projects offer entry points into the area, with rates averaging ₹9,100 per sq ft.
  • KIC Aksharam and Sawansukha Elion stand out as key residential projects, both priced at approximately ₹9,100 per sq ft.
  • Rental rates in the nearby Tangra locality are holding steady at ₹50 per sq ft.

Market Strengths
  • High average asking price of ₹19,200 per sq ft confirms the prestige of the Shakespeare Sarani address.
  • Proximity to major commercial hubs like Park Street and Camac Street drives consistent interest.
  • Diverse property offerings allow investors to choose between high-end apartments and commercial office space.
  • Steady rental rates in nearby areas like Tangra ensure a predictable income stream for landlords.
  • Presence of established projects like KIC Aksharam provides reliability for potential residents.
Market Challenges
  • Apartment prices have seen a decline of -16.49%, suggesting a cooling period for premium residential assets.
  • Office space valuations have adjusted by -12.53%, reflecting broader market sentiment.
  • Under-construction projects are experiencing a -3.71% price change, indicating a competitive environment for new supply.
Investment Opportunities
  • Under-construction projects offer a more accessible entry price at ₹9,100 per sq ft compared to the general apartment average.
  • Rental demand in nearby Tangra provides a stable baseline for investors at ₹50 per sq ft.
  • Commercial office spaces in the wider region offer competitive pricing compared to premium residential rates.
  • Established localities like Ballygunge provide a balanced residential investment at ₹13,150 per sq ft.
Top Localities in Shakespeare Sarani, Kolkata

Elgin

Avg Price ₹ 19,800 /Sq.Ft.
LISTINGS 3

Camac Street

Avg Price ₹ 14,050 /Sq.Ft.
Avg Rent ₹ 86 /Sq.Ft.
YIELD + 7.35
LISTINGS 5
Price Trend

Shakespeare Sarani, Kolkata Property Price Trends and Appreciation

As of December 2025, the average asking price in Shakespeare Sarani stands at ₹19,200 per sq ft. This rate reflects the area's high-value status within the Kolkata property market.
Asking Price Trends
₹ 19,200/Sq.Ft
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 0
Mar 2026 0
Dec 2025 19200
About Asking Price Trends
Shakespeare Sarani Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Park Street 15,200 -2.1
Camac Street 14,450 2.7
Acharya Jagadish Chandra Bose Road 13,000 -2.5
Chetla 7,300 -
Park Circus 9,650 -0.5
Ballygunge 13,150 1
Hazra Road 11,350 -2.5
Tangra 9,800 0.4
Rash Behari Avenue 6,450 -
Alipore 15,650 0.4
The surrounding micromarkets exhibit diverse pricing that caters to different market segments. Alipore commands a premium at ₹15,650 per sq ft, while Park Street and Camac Street serve as major commercial hubs with rates of ₹15,200 and ₹14,450 per sq ft respectively. Ballygunge offers a residential alternative at ₹13,150 per sq ft, sitting notably above the ₹9,650 per sq ft seen in Park Circus. These variations highlight the distinct character of each neighborhood within the city.
Type Rate (₹/Sq.Ft) Change %
Office Space 13,550 -12.5
Apartment 19,200 -16.5
Shakespeare Sarani offers distinct price points for different property types. Apartments are currently priced at ₹19,200 per sq ft, reflecting a -16.49% change. Meanwhile, office spaces are available at an average of ₹13,550 per sq ft, which has seen a -12.53% shift.
Status No of Project Rate (₹/Sq.Ft) Change %
Under Construction 2 9,100 -3.7
The market provides options for those looking for future-ready homes. Under-construction projects in Shakespeare Sarani average ₹9,100 per sq ft, experiencing a -3.71% change. This supply caters to buyers seeking new developments in a central location.
Project & Developer Insights

Top Residential Projects and Developers in Shakespeare Sarani

Top Projects in Shakespeare Sarani
Shriram Grand City is the top project in Shakespeare Sarani with prices from ₹ 25.80 Lac to 61.55 Lac.
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 53 L - ₹ 90.7 L
  • South Kolkata, Kolkata
Tata 88 East ₹ 3.70 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
Godrej Prakriti ₹ 58.96 L - ₹ 1.00 Cr
  • North Kolkata, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Kolkata
Alcove leads in Kolkata with 9 projects and 7 years of experience.
DLF
Alcove ₹ 21.5 L - ₹ 2.89 Cr
  • 9 Projects
  • 7 Years
DLF
KIC Group ₹ 39.39 L - ₹ 54.44 L
  • 3 Projects
DLF
Prasad Group ₹ 8.19 Cr - ₹ 8.19 Cr
  • 1 Projects
DLF
Sawansukha Realty ₹ 13 Cr - ₹ 13 Cr
  • 1 Projects
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Kic Aksharam, Shakespeare Sarani 9,150 -1.8
Sawansukha Elion, Shakespeare Sarani 9,100 -3.9
Premium residential developments in Shakespeare Sarani are benchmarked by projects like KIC Aksharam and Sawansukha Elion. KIC Aksharam is priced at ₹9,150 per sq ft, while Sawansukha Elion is available at ₹9,100 per sq ft. Both projects represent the current residential offerings in this central locality.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shakespeare Sarani, Kolkata

Avg. Asking Price ₹ 7,850 /Sq.Ft
Avg. Asking Price ₹ 6,850 /Sq.Ft
Avg. Asking Price ₹ 4,850 /Sq.Ft
Avg. Asking Price ₹ 3,400 /Sq.Ft

More insights about Shakespeare Sarani, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Shakespeare Sarani, Kolkata

What is the current average asking price in Shakespeare Sarani?

As of September 2026, the average asking price in Shakespeare Sarani stands at ₹19,200 per sq ft. This figure represents the current market valuation for residential apartments in the locality, reflecting a stable pricing trend compared to previous reporting periods.

How have property prices in Shakespeare Sarani trended recently?

The micromarket rate in Shakespeare Sarani has shown a positive trajectory, moving from ₹10,300 per sq ft in June 2026 to ₹10,500 per sq ft as of September 2026. This upward movement suggests a steady strengthening of market demand within the area over the recent quarter.

How do property prices for apartments compare to office spaces in Shakespeare Sarani?

As of September 2026, apartments in Shakespeare Sarani command an average asking price of ₹19,200 per sq ft, which has depreciated by 16.49% compared to the previous period. In contrast, office spaces are priced at an average of ₹13,550 per sq ft, having experienced a depreciation of 12.53% over the same timeframe.

What is the price trend for under-construction properties in Shakespeare Sarani?

Under-construction properties in Shakespeare Sarani are currently priced at an average of ₹9,100 per sq ft as of September 2026. This segment has seen a depreciation of 3.71% when compared to the preceding period, reflecting current supply-side adjustments in the local market.

How do property rates in Shakespeare Sarani compare to nearby neighbourhoods?

Property rates in the vicinity of Shakespeare Sarani vary significantly based on the locality and property type. For instance, Alipore commands a premium residential rate of ₹15,650 per sq ft, which has appreciated by 0.38% from the previous period. Meanwhile, Ballygunge is priced at ₹13,150 per sq ft, showing an appreciation of 1.0%, and Park Circus sits at ₹9,650 per sq ft, having depreciated by 0.54% over the same timeframe.

Which residential projects in Shakespeare Sarani are currently notable by listing rates?

Two prominent residential projects in Shakespeare Sarani include KIC Aksharam and Sawansukha Elion. As of September 2026, KIC Aksharam is listed at ₹9,150 per sq ft, reflecting a depreciation of 1.83% compared to the previous period, while Sawansukha Elion is priced at ₹9,100 per sq ft, showing a depreciation of 3.95% over the same duration.

What is the average rental rate in Tangra compared to other areas near Shakespeare Sarani?

As of September 2026, the average rental rate in Tangra is ₹50 per sq ft. This rate has remained stable with a 0% change, indicating consistent rental demand and pricing stability in this specific micromarket near Shakespeare Sarani.

How should investors interpret the property rate data provided for Shakespeare Sarani?

Investors should use the provided data to identify price disparities between property types and status categories, such as the difference between the ₹19,200 per sq ft apartment average and the ₹9,100 per sq ft under-construction average as of September 2026. By tracking the appreciation and depreciation percentages across different neighbourhoods like Alipore or Ballygunge, investors can better gauge which areas are experiencing capital growth versus those undergoing market corrections.

Country/City