Shyam Nagar, Kolkata, currently features an average asking price of ₹6,161 per sq ft, primarily driven by the apartment segment which has seen a notable decline. Over the past quarter, the average property rate in Shyam Nagar experienced a significant adjustment, settling at its current price. While specific rental data for Shyam Nagar is unavailable, nearby localities like Madhyamgram offer rentals averaging ₹17 per sq ft.
Shyam Nagar's real estate market is currently navigating a period of significant price adjustments, with the average asking price for properties standing at ₹6,161 per sq ft. This figure largely reflects the dynamics within the apartment segment, which has experienced a notable price correction of -22.12% over the recent period. Quarterly data further illustrates this trend, as the locality's average rate moved from ₹7,911 per sq ft in June 2025 to ₹6,161 per sq ft by September 2025, even as the broader micromarket rate remained relatively stable. While direct rental insights for Shyam Nagar are not available, adjacent areas like Madhyamgram and Bablatala provide rental options at ₹17 per sq ft and ₹16 per sq ft respectively, offering some context for the regional rental landscape.
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Shyam Nagar's property market has seen a notable shift in its asking prices over the past quarter. The average rate for the locality decreased from ₹7,911 per sq ft in June 2025 to ₹6,161 per sq ft by September 2025. Meanwhile, the broader micromarket rate remained relatively stable, moving from ₹4,603 per sq ft to ₹4,618 per sq ft over the same period. This indicates a specific adjustment within Shyam Nagar's property values.
The real estate market in Shyam Nagar is primarily characterized by its apartment segment. Apartments in the locality are currently priced at an average of ₹6,161 per sq ft. This segment has recently experienced a significant price adjustment, showing a -22.12% change.
The property market in Shyam Nagar currently holds an average asking price of ₹6,161 per sq ft. Looking at nearby areas, Serampore commands a slightly higher average of ₹5,124 per sq ft, showing a healthy 5.87% increase, while Barrackpore stands out with a significant 20.23% appreciation, reaching ₹5,045 per sq ft. Other localities like Chinsurah average ₹3,905 per sq ft, reflecting a 1.4% rise. Meanwhile, the sub-locality of Shyamnagar reports an average rate of ₹3,000 per sq ft with a -2.02% change, positioning it as a more affordable option compared to the main Shyam Nagar area.
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