Shakespeare Sarani Property Rates — ₹19,200/sq ft

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Property Rates in Shakespeare Sarani

Property rates in Shakespeare Sarani average ₹19,200 per sq ft. This central Kolkata location shows a recent adjustment from its previous levels, reflecting the current market shift. The area remains a key destination for both residential and commercial interests, with top projects like Sawansukha Elion and KIC Aksharam drawing attention. Investors and homebuyers are closely watching these price trends as the locality maintains its status as a premium urban hub in the city.

Insights

Insights for Shakespeare Sarani, Kolkata Real Estate Market Overview

The real estate market in Shakespeare Sarani presents a dynamic landscape characterized by its premium positioning within Kolkata. Prices have seen a recent adjustment, moving from earlier peaks to a current average of ₹19,200 per sq ft. While the commercial office space sector continues to be a primary driver of activity, the residential segment also remains a point of focus for those seeking high-value properties in a central location. Market supply is currently supported by a mix of new launches and under-construction projects, providing options for varied occupancy timelines.

The average asking price in the locality is ₹19,200 per sq ft.
New launch projects are currently priced at approximately ₹9,400 per sq ft.
Under-construction developments, such as Sawansukha Elion and KIC Aksharam, are listed at ₹9,450 per sq ft.
The office space sector shows an average price of ₹13,550 per sq ft, reflecting a -12.53% change.
Rental rates in nearby Tangra are at ₹50 per sq ft.

Market Strengths

High average property rates of ₹19,200 per sq ft signify a premium market status.
Active new launch supply with 3 units available for investors.
Reputed projects like Sawansukha Elion and KIC Aksharam anchor the local residential market.
The locality maintains strong price benchmarks compared to surrounding areas like Park Circus and Tangra.
Consistent demand for office space at ₹13,550 per sq ft.

Market Challenges

The residential apartment segment has experienced a -16.49% change in pricing.
Office space rates have seen a downward trend of -12.53% over the recent period.

Investment Opportunities

New launch projects offer entry-level pricing at ₹9,400 per sq ft.
Under-construction units provide consistent value at ₹9,450 per sq ft.
The commercial sector offers office spaces at an average of ₹13,550 per sq ft.
Rental yields in the broader region are supported by rates in adjacent areas like Tangra at ₹50 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 6

Minto Park

Avg Price ₹ 17,700 /Sq.Ft.

Avg Rent ₹ 96 /Sq.Ft.

YIELD + 6.51

LISTINGS 1

Price Trend

Shakespeare Sarani, Kolkata Property Price Trends and Appreciation

Property rates in Shakespeare Sarani have transitioned from ₹23,000 per sq ft in September 2025 to ₹19,200 per sq ft by December 2025. This shift reflects the evolving nature of the local real estate market as it adjusts to current demand levels.

Asking Price Trends

₹ 19,200/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	19200
Sep 2025	23000

About Asking Price Trends

Shakespeare Sarani Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Park Street	15,500	16.9
Camac Street	14,050	-
Acharya Jagadish Chandra Bose Road	13,350	-
Park Circus	9,700	25.4
Ballygunge	13,050	17.3
Hazra Road	11,650	-7.1
Tangra	9,750	-6.6
Alipore	15,600	15.7
Kalighat	9,100	-
Picnic Garden	6,050	35.6

Shakespeare Sarani stands as a premium node within Kolkata, with rates significantly higher than surrounding areas like Tangra, which averages ₹9,750 per sq ft. In contrast, residential options in Park Circus hover around ₹9,700 per sq ft, while established areas like Ballygunge command ₹13,050 per sq ft. The locality remains a high-value anchor, consistently outperforming neighboring residential zones in terms of price per square foot.

Type	Rate (₹/Sq.Ft)	Change %
Office Space	13,550	-12.5
Apartment	19,200	-16.5

The market in Shakespeare Sarani caters to distinct buyer needs across its primary property segments. Residential apartments are currently priced at ₹19,200 per sq ft, while office spaces average ₹13,550 per sq ft. These figures highlight the premium nature of the location, where property categories reflect the distinct demand for both workspace and upscale living.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Under Construction	1	9,450	-
New Launch	3	9,400	1.8

Shakespeare Sarani features a balanced supply of new and developing properties. New launch projects are available at an average of ₹9,400 per sq ft, showing a slight growth of 1.75%. Simultaneously, under-construction inventory is priced at ₹9,450 per sq ft, offering buyers structured opportunities to enter this high-demand market.

Project & Developer Insights

Top Residential Projects and Developers in Shakespeare Sarani

Shriram Grand City ₹ 25.79 L - ₹ 61.54 L

Central Kolkata, Kolkata

Salarpuria Meraki ₹ 98 L - ₹ 1.15 Cr

South 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

New Launch

Under Construction

Ready to Move

Alcove ₹ 21.5 L - ₹ 2.08 Cr

9 Projects
7 Years

KIC Group ₹ 39.39 L - ₹ 54.44 L

3 Projects

Prasad Group ₹ 8.19 Cr - ₹ 8.19 Cr

1 Projects

Sawansukha Realty ₹ 13 Cr - ₹ 13 Cr

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Sawansukha Elion, Shakespeare Sarani	9,450	1.5
Kic Aksharam, Shakespeare Sarani	9,450	3.2

Premium residential developments in Shakespeare Sarani are setting the pace for the local market. Projects like Sawansukha Elion and KIC Aksharam are both positioned at ₹9,450 per sq ft, showcasing their appeal to discerning buyers. These developments reinforce the locality's reputation for high-quality residential living in the heart of Kolkata.

Explore Property Rates in Top Cities

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shakespeare Sarani, Kolkata

Central Kolkata

Avg. Asking Price ₹ 10,300 /Sq.Ft

South Kolkata

Avg. Asking Price ₹ 6,850 /Sq.Ft

North Kolkata

Avg. Asking Price ₹ 4,850 /Sq.Ft

More insights about Shakespeare Sarani, Kolkata

Shakespeare Sarani, Kolkata Overview

FAQ

Frequently Asked Questions About Property Rates in Shakespeare Sarani, Kolkata

What is the current average asking price in Shakespeare Sarani?

As of June 2026, the average asking price in Shakespeare Sarani is ₹19,200 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period. This price point reflects the premium nature of the locality, which primarily features residential apartments.

How have property prices for different property types in Shakespeare Sarani changed recently?

Property prices in Shakespeare Sarani show varying trends based on the segment. As of June 2026, apartments are priced at ₹19,200 per sq ft, having depreciated by 16.49% compared to the previous period. Meanwhile, office spaces are currently priced at ₹13,550 per sq ft, which represents a depreciation of 12.53% over the same timeframe.

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

Property rates in Shakespeare Sarani, at ₹19,200 per sq ft, are generally higher than many surrounding residential areas. For comparison, as of June 2026, Alipore commands an average asking price of ₹15,600 per sq ft (appreciating by 15.74%), while Ballygunge is at ₹13,050 per sq ft (appreciating by 17.29%). Other nearby areas like Park Circus and Tangra are priced significantly lower at ₹9,700 per sq ft and ₹9,750 per sq ft, respectively.

What is the price difference between under-construction and new-launch projects in Shakespeare Sarani?

As of June 2026, there is a marginal difference in pricing between project statuses in Shakespeare Sarani. Under-construction projects are currently priced at ₹9,450 per sq ft, showing no change in rates. New-launch projects are priced slightly lower at ₹9,400 per sq ft, which reflects an appreciation of 1.75% compared to the previous period.

Which residential projects in Shakespeare Sarani currently have the highest listing rates?

As of June 2026, prominent residential projects in Shakespeare Sarani include Sawansukha Elion and KIC Aksharam, both of which are listed at ₹9,450 per sq ft. Sawansukha Elion has seen its listing rate appreciate by 1.46%, while KIC Aksharam has experienced a more significant appreciation of 3.19% compared to the previous period.

What rental trends are observed in the areas surrounding Shakespeare Sarani?

While specific rental data for Shakespeare Sarani is limited, the broader rental market in the vicinity shows stable trends. For instance, in the nearby Tangra area, the average rental rate is ₹50 per sq ft as of June 2026, with a 0% change in rates, indicating a period of rental stability for that specific micromarket.

How should an investor interpret the price trends in Shakespeare Sarani?

Investors should note that the market in Shakespeare Sarani has shown mixed signals as of June 2026. While the overall average asking price for apartments is ₹19,200 per sq ft, the recent depreciation of 16.49% for apartments and 12.53% for office spaces suggests a market correction or a shift in demand dynamics. Prospective buyers should monitor these trends closely against the stability seen in new-launch projects to determine the optimal entry point for long-term value.