Property Rates in Tollygunge, Kolkata 2026

Property rates in Tollygunge have shown an upward trajectory throughout 2026. Data indicates the average rate moved from ₹7,650 per sq ft in December 2025 to ₹7,500 per sq ft in March 2026, before rising to ₹9,300 per sq ft by June 2026. This consistent growth trajectory signals strong buyer interest and increasing value for real estate assets in the area.

Property rates vary significantly across the vicinity of Tollygunge, reflecting the diverse nature of these micro-markets. As of September 2026, B L Saha Road commands the highest rate at ₹15,950 per sq ft, having appreciated by 1.7%. Conversely, Netaji Nagar offers a more accessible entry point at ₹3,450 per sq ft, though it experienced a depreciation of 10.91% compared to the previous period. Other notable areas include New Alipore at ₹13,400 per sq ft, which saw a strong appreciation of 21.22%, and Lake Gardens at ₹6,400 per sq ft, which appreciated by 6.75%.

As of September 2026, under-construction properties in Tollygunge are priced at a premium, averaging ₹11,900 per sq ft, which represents a 23.03% appreciation compared to the previous period. In contrast, ready-to-move properties are available at an average of ₹8,700 per sq ft, having appreciated by 10.43% over the same timeframe. This price gap suggests that buyers are currently willing to pay a premium for newer, under-construction developments, while ready-to-move units offer a more stable, value-oriented investment.

Apartments remain the dominant and higher-priced property type in Tollygunge, with an average asking price of ₹9,300 per sq ft as of September 2026, marking a 24.1% appreciation. Villas, meanwhile, are priced at an average of ₹7,400 per sq ft, which reflects a depreciation of 3.13% compared to the previous period. This divergence highlights a clear preference for apartment-style living in the current market, which has helped drive the higher appreciation rates for that segment.

As of September 2026, Belani Sanctuary leads the market with a listing rate of ₹18,850 per sq ft, having appreciated by 25.62% compared to the previous period. Other premium projects include Mani Vista at ₹17,050 per sq ft (up 13.64%) and Merlin The One at ₹15,800 per sq ft (up 33.27%). These high rates reflect the premium amenities and strategic positioning these projects offer within the Tollygunge real estate landscape.

The rental market in Bansdroni, a key area near Tollygunge, currently sees an average rental rate of ₹50 per sq ft as of September 2026. This rate has experienced a depreciation of 6.67% compared to the previous period. Investors looking at this area should note that while rental income is a factor, the recent softening in rates suggests a need to carefully evaluate current supply levels and tenant demand before finalizing investment decisions.

As of September 2026, the average rent for a 3 BHK apartment in Tollygunge is ₹25,500 per month. This data point is essential for tenants and landlords alike to gauge the current market value for larger family-sized units in the locality, providing a clear benchmark for lease agreements and budget planning.

Buyers can use this data to identify value by comparing the average asking price of ₹9,300 per sq ft in Tollygunge against specific project rates like Belani Sanctuary at ₹18,850 per sq ft or more affordable options. By observing the appreciation trends—such as the 24.1% city-wide increase—buyers can gauge market momentum. Furthermore, comparing the status-wise pricing, such as the ₹8,700 per sq ft for ready-to-move units versus ₹11,900 per sq ft for under-construction ones, helps in aligning purchase decisions with personal timelines and budget constraints.