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Insights for Tollygunge, Kolkata Real Estate Market Overview

The Tollygunge real estate market presents a dynamic landscape where residential property prices currently average ₹7,500 per sq ft. While price fluctuations have been observed across various quarters, the locality continues to attract significant buyer attention due to its mix of high-end developments and accessible residential projects. Rental activity is particularly robust, supported by a healthy rental yield of 14.40% and consistent demand for 3 BHK apartments. Developers are actively balancing the supply of ready-to-move units with new project launches to meet evolving consumer preferences.

  • 3 BHK apartments in Tollygunge command an average monthly rent of ₹25,500.
  • Lake Gardens has shown a positive price growth of 4.87%, reflecting strong localized demand.
  • Jodhpur Park experienced a significant price surge of 24.74% over the recent period.
  • Mid-stage projects are witnessing a price appreciation of 20.06%, indicating high confidence in under-construction developments.
  • Bansdroni offers rental opportunities at an average rate of ₹50 per sq ft.

Market Strengths
  • Strong average rental yield of 14.40% provides a competitive edge for rental property owners.
  • Diverse residential supply with over 22 ready-to-move projects catering to immediate housing needs.
  • High-growth micromarkets like Jodhpur Park and Selimpur offer proven value appreciation for investors.
  • Presence of premium projects like Belani Sanctuary and Mani Vista maintains the area's aspirational appeal.
  • Consistent rental demand for 3 BHK units ensures steady occupancy rates for landlords.
Market Challenges
  • Several premium localities like Southern Avenue and New Alipore have seen price corrections of -7.22% and -4.88% respectively.
  • Netaji Nagar has experienced a sharp price decline of -15.77%, highlighting potential volatility in specific pockets.
  • New launch projects have seen a -6.22% change in pricing, suggesting a competitive environment for developers.
  • Some established projects like Merlin Cambridge have seen a significant price change of -35.29%, reflecting market recalibration.
Investment Opportunities
  • High rental yield of 14.40% makes Tollygunge an attractive destination for buy-to-let investors.
  • Significant price growth of 24.74% in Jodhpur Park indicates strong potential for capital appreciation.
  • Mid-stage projects showing 20.06% price appreciation suggest lucrative opportunities for mid-term investors.
  • Steady demand for 3 BHK apartments, which command an average rent of ₹25,500 per month.
  • Selimpur has recorded a 12.63% price increase, marking it as a rising micromarket for investment.
Top Localities in Tollygunge, Kolkata

Sarat Bose Road

Avg Price ₹ 9,450 /sqft
LISTINGS 10

Regent Park

Avg Price ₹ 6,200 /sqft
LISTINGS 1
Price Trend

Tollygunge, Kolkata Property Price Trends and Appreciation

The Tollygunge market has experienced notable price adjustments, moving from a peak of ₹9,200 per sq ft in June 2025 to a more stabilized ₹7,500 per sq ft by March 2026. This trend reflects a recalibration of values as the micromarket rate concurrently rose from ₹6,000 to ₹6,550 per sq ft during the same timeframe. These shifts suggest a maturing market that is increasingly aligning with broader residential demand.
Asking Price Trends
₹ 7,500/sq.ft. -1.96 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 7500
Dec 2025 7650
Sep 2025 8750
Jun 2025 9200
About Asking Price Trends
Tollygunge Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Prince Anwar Shah Road 14,950 -1.6
B L Saha Road 15,700 0.7
Lake Gardens 6,000 4.9
Jodhpur Park 10,200 24.7
Southern Avenue 11,550 -7.2
Netaji Nagar 3,850 -15.8
New Alipore 11,050 -4.9
Selimpur 7,700 12.6
Jadavpur 5,650 -2
Haridevpur 3,750 -0.4
Tollygunge encompasses a diverse range of sub-localities, each offering distinct price points for prospective buyers. B L Saha Road commands a premium at ₹15,700 per sq ft, closely followed by Prince Anwar Shah Road at ₹14,950 per sq ft. In contrast, more affordable options are available in Haridevpur and Netaji Nagar, which average ₹3,750 and ₹3,850 per sq ft, respectively. Meanwhile, Jodhpur Park has emerged as a high-growth area, with prices now averaging ₹10,200 per sq ft after a substantial 24.74% increase.
Type Rate (₹/sq.ft) Change %
Villa 7,400 -3.1
Apartment 7,500 -2
Tollygunge's real estate market caters to diverse buyer preferences across property categories. Residential apartments lead the segment at ₹7,500 per sq ft, experiencing a -1.96% trend, while villa options are available at ₹7,400 per sq ft, reflecting a -3.13% change. These varied options allow investors to choose between different lifestyle offerings based on their budget and long-term goals.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 28 7,939 -4.9
Under Construction 2 12,850 23.9
New Launch 11 7,950 -6.2
The Tollygunge market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory, comprising 22 units, averages ₹7,950 per sq ft, appealing to those seeking immediate occupancy. Conversely, under-construction projects present high-value opportunities at ₹12,850 per sq ft, showing a significant 23.88% increase, while new launches are priced at ₹7,950 per sq ft.
Project & Developer Insights

Top Residential Projects and Developers in Tollygunge

Top Projects in Tollygunge
Salarpuria Meraki is the top project in Tollygunge with prices from ₹ 96.72 Lac to 1.02 Cr.
Salarpuria Meraki ₹ 96.72 L - ₹ 1.01 Cr
  • South Kolkata, Kolkata
Godrej Blue ₹ 2.49 Cr - ₹ 4.71 Cr
  • South Kolkata, Kolkata
Godrej Orchard ₹ 52.21 L - ₹ 85.26 L
  • South Kolkata, Kolkata
Tata 88 East ₹ 3.73 Cr - ₹ 9.55 Cr
  • South Kolkata, Kolkata
Godrej Seven ₹ 63.20 L - ₹ 1.03 Cr
  • South Kolkata, Kolkata
Godrej Zen Estate ₹ 45 L - ₹ 74.47 L
  • Kolkata Suburbs, Kolkata
Salarpuria Amarana Residences ₹ 70.56 L - ₹ 1.01 Cr
  • Central Kolkata, Kolkata
SPRE Joyville Western Heights ₹ 47.80 L - ₹ 62.31 L
  • Howrah, Kolkata
Shriram Grand City ₹ 25.79 L - ₹ 61.54 L
  • Central Kolkata, Kolkata
Shapoorji Pallonji Joyville Kolkata ₹ 47.25 L - ₹ 71.37 L
  • Howrah, Kolkata
View More
New Launch
Under Construction
Ready to Move
Top Developers in Tollygunge
Merlin Group leads in Tollygunge with 69 projects and 35 years of experience.
DLF
Merlin Group ₹ 15 L - ₹ 4.69 Cr
  • 69 Projects
  • 35 Years
DLF
PS Group ₹ 14.5 L - ₹ 8.77 Cr
  • 45 Projects
  • 34 Years
DLF
Vinayak ₹ 39.91 L - ₹ 76.68 L
  • 24 Projects
DLF
Mani Group ₹ 37.72 L - ₹ 16.09 Cr
  • 23 Projects
  • 39 Years
DLF
RDB Group ₹ 25.00 L - ₹ 4.33 Cr
  • 22 Projects
  • 33 Years
DLF
Fort ₹ 51.29 L - ₹ 9.07 Cr
  • 22 Projects
DLF
Multicon ₹ 37.35 L - ₹ 3.06 Cr
  • 21 Projects
DLF
Sugam Homes ₹ 23.03 L - ₹ 3.05 Cr
  • 21 Projects
  • 30 Years
DLF
Diamond Group ₹ 45 L - ₹ 95 L
  • 18 Projects
DLF
Avani Group
  • 16 Projects
  • 9 Years
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Tollygunge are commanding significant asking prices, reflecting their luxury positioning. Belani Sanctuary and Mani Vista both set a high-value benchmark at ₹15,000 per sq ft, while Sugam Morya follows closely at ₹14,050 per sq ft. Additionally, Ambika Icon has seen a remarkable 45.58% increase, now priced at ₹13,950 per sq ft. These top-tier developments represent the aspirational segment of the local market.
Rental Trends

Rental Trends and Average Rent in Tollygunge, Kolkata

The rental market for 3 BHK apartments in Tollygunge is well-established, with units commanding an average monthly rent of ₹25,500. This reflects a consistent demand for spacious residential living within the locality. Bansdroni serves as a key rental hub in the area, offering an average rental rate of ₹50 per sq ft. Despite a slight -2.17% change, it remains a preferred location for tenants seeking cost-effective housing solutions.
Tollygunge Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
3 Bhk 25,500
The rental market for 3 BHK apartments in Tollygunge is well-established, with units commanding an average monthly rent of ₹25,500. This reflects a consistent demand for spacious residential living within the locality.
Locality Rate (₹/sq.ft) Change %
Bansdroni 50 -2.2
Bansdroni serves as a key rental hub in the area, offering an average rental rate of ₹50 per sq ft. Despite a slight -2.17% change, it remains a preferred location for tenants seeking cost-effective housing solutions.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Tollygunge, Kolkata

Avg. Asking Price ₹ 7,350 /sq.ft
Avg. Asking Price ₹ 6,550 /sq.ft
Avg. Asking Price ₹ 4,700 /sq.ft
Avg. Asking Price ₹ 4,300 /sq.ft
Avg. Asking Price ₹ 3,500 /sq.ft
Avg. Asking Price ₹ 3,100 /sq.ft

More insights about Tollygunge, Kolkata

FAQ

Frequently Asked Questions About Property Rates in Tollygunge, Kolkata

What is the current average asking price in Tollygunge?

As of March 2026, the average asking price in Tollygunge is ₹7,500 per sq ft. This rate has depreciated by 1.96% compared to the previous period, reflecting a slight market correction in the area.

How have property prices in Tollygunge trended over the last year?

Property prices in Tollygunge have shown a fluctuating trend throughout the year, moving from ₹9,200 per sq ft in June 2025 to ₹8,750 in September 2025, ₹7,650 in December 2025, and settling at ₹7,500 per sq ft in March 2026. This downward trajectory suggests a softening in demand or an increase in available supply, which may offer a more favorable entry point for prospective buyers compared to the higher price points seen in mid-2025.

How do property rates in Tollygunge compare to nearby neighbourhoods?

Property rates in Tollygunge vary significantly across the surrounding areas as of March 2026. B L Saha Road commands a premium at ₹15,700 per sq ft (which has appreciated by 0.72%), while Prince Anwar Shah Road is priced at ₹14,950 per sq ft (depreciated by 1.63%). In contrast, more affordable options are available in Netaji Nagar at ₹3,850 per sq ft (depreciated by 15.77%) and Haridevpur at ₹3,750 per sq ft (depreciated by 0.45%). These variations allow investors and homebuyers to choose locations based on their specific budget and premium requirements.

What is the price difference between Ready To Move and Under Construction projects in Tollygunge?

As of March 2026, Under Construction projects in Tollygunge are priced at a premium of ₹12,850 per sq ft, having appreciated by 23.88% compared to the previous period. Meanwhile, Ready To Move projects are available at an average of ₹7,950 per sq ft, which has depreciated by 4.79%. The higher cost of under-construction units often reflects the inclusion of modern amenities and the potential for future capital appreciation, whereas ready-to-move units offer immediate possession at a more stable, albeit currently correcting, price point.

Which are the most expensive residential projects in Tollygunge?

As of March 2026, Belani Sanctuary and Mani Vista are among the most premium projects in Tollygunge, both commanding an average listing rate of ₹15,000 per sq ft. Belani Sanctuary has seen a depreciation of 9.19%, while Mani Vista has seen a minor depreciation of 1.05%. These projects represent the higher end of the local market, likely due to their specific location advantages and high-end infrastructure, and are best suited for buyers looking for premium living spaces.

What is the average rental rate and rental yield for properties in Tollygunge?

As of March 2026, the average rental rate in Tollygunge is ₹90 per sq ft, with rates remaining stable at 0% change over the observed period. The area currently offers a rental yield of 14.40%, which is a significant indicator for investors, suggesting strong income-generating potential relative to the capital investment required for property ownership in this locality.

What are the rental trends for 3 BHK apartments in Tollygunge?

As of March 2026, 3 BHK apartments in Tollygunge are available at an average rental rate of ₹25,500 per month. This segment serves as a key benchmark for families and professionals seeking spacious residential options in the area, providing a clear reference point for tenants evaluating the cost of living in Tollygunge compared to other configurations.

How should investors interpret the current price trends in Tollygunge?

Investors should note that while the broader Tollygunge market has seen a depreciation of 1.96% as of March 2026, specific segments like Mid Stage and Under Construction projects have shown strong appreciation, with rates rising by 20.06% and 23.88% respectively. This indicates that while the overall market is undergoing a correction, there is significant investor interest and capital growth potential in newer, developing projects. Prospective investors should focus on these high-growth segments rather than just the general locality average when planning their portfolio.

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