Property Rates in Shalimar, Kolkata 2026

Property prices for apartments in Shalimar have shown significant growth, appreciating by 69.13% as of June 2026 compared to the previous assessment period. This sharp increase reflects a major shift in the market valuation for residential units in the area.

As of June 2026, the average asking price for under-construction properties in Shalimar is ₹8,300 per sq ft. This figure represents a depreciation of 12.18% when compared to the prior period, indicating a market correction or adjustment in pricing for new supply in the locality.

Property rates in Shalimar, currently at ₹7,750 per sq ft, sit in the mid-range when compared to other prominent Kolkata areas. For context, Vip Road averages ₹5,700 per sq ft (having appreciated by 22.92%), while premium areas like Alipore command significantly higher rates at ₹15,600 per sq ft, which has seen an appreciation of 15.74%.

Rental rates for commercial spaces in nearby key markets show varied performance as of June 2026. For instance, Park Street commands ₹100 per sq ft, having appreciated by 23.08%, while Bbd Bagh averages ₹50 per sq ft, reflecting a depreciation of 10.84% compared to the previous period. Other hubs like Camac Street and Minto Park have remained steady at ₹100 per sq ft, with respective appreciations of 4.88% and 5.49%.

Eden Solaris Shalimar is a key project in the locality, with a current listing rate of ₹8,300 per sq ft as of June 2026. This project has experienced a depreciation of 12.18% in its listing rate compared to the previous period, which is consistent with the broader trend observed for under-construction residential inventory in the area.

Investors should note that while apartment prices in Shalimar have seen a substantial appreciation of 69.13% as of June 2026, the under-construction segment has simultaneously seen a depreciation of 12.18%. This divergence suggests that while existing residential stock is gaining value, new project pricing is currently undergoing a correction, which may offer a more attractive entry point for those looking at long-term capital appreciation.