Property Rates in Tollygunge, Kolkata

Property rates in Tollygunge have shown a downward trend over the past year. From June 2025 to March 2026, the average location rate decreased from ₹9,175 per sq ft to ₹7,490 per sq ft, a notable drop. The micromarket rate also saw a decline, moving from ₹5,986 per sq ft in June 2025 to ₹6,573 per sq ft in March 2026, though it experienced an increase in the latter half of this period.

In Tollygunge, apartments are priced at an average of ₹7,490 per sq ft as of March 2026, which has seen a depreciation of 1.96%. Villas, on the other hand, are priced slightly lower at an average of ₹7,385 per sq ft, with a more significant depreciation of 3.13% over the same period. This suggests apartments currently command a marginal premium over villas in the locality.

Property prices vary significantly across Tollygunge's micro-markets. As of March 2026, Prince Anwar Shah Road shows an average rate of ₹14,933 per sq ft, having depreciated by 1.63%. In contrast, Jodhpur Park has seen a substantial appreciation of 24.74%, reaching an average rate of ₹10,204 per sq ft. Other areas like Kudghat are priced much lower, averaging ₹3,618 per sq ft, indicating diverse investment and living opportunities within the broader Tollygunge area.

As of March 2026, property prices in Tollygunge differ based on their construction status. 'Under Construction' properties are priced highest at an average of ₹12,849 per sq ft, showing a significant appreciation of 23.88%. 'Mid Stage' properties are also priced relatively high at ₹9,465 per sq ft, with a notable appreciation of 20.06%. Conversely, 'Ready To Move' properties are priced at ₹7,937 per sq ft, having depreciated by 4.79%, and 'New Launch' properties are at ₹7,974 per sq ft, down by 6.22%.

As of March 2026, the projects with the highest listing rates in Tollygunge include Belani Sanctuary at ₹15,000 per sq ft, which has depreciated by 9.19%, and Mani Vista at ₹14,984 per sq ft, showing a slight depreciation of 1.05%. Sugam Morya is listed at ₹14,051 per sq ft with a marginal appreciation of 0.29%, followed by Ambika Icon at ₹13,925 per sq ft, which has seen a significant appreciation of 45.58%.

The average rental rate in Tollygunge is ₹90 per sq ft as of March 2026. Coupled with a rental yield of 14.42%, this indicates a potentially attractive income stream for property investors relative to capital values. A higher rental yield suggests that rental income can contribute significantly to the overall return on investment, making Tollygunge an area to consider for buy-to-let opportunities.

As of March 2026, the average monthly rent for a 3 BHK apartment in Tollygunge is ₹25,500. This figure represents the typical rental cost for this configuration in residential apartments within the locality, providing a clear benchmark for tenants and landlords.

Rental rates vary across Tollygunge's micromarkets, with Bansdroni showing an average rental rate of ₹45 per sq ft as of March 2026. This rate has depreciated by 2.17% over the period. While specific comparative data for other micromarkets within Tollygunge is limited in this dataset, this figure for Bansdroni provides a benchmark for rental affordability in that specific sub-locality.

The market overview for Tollygunge as of March 2026 indicates an average asking price of ₹7,490 per sq ft, which has depreciated by 1.96%. With 26 listings available, the market appears to be in a phase of price correction. This could present opportunities for end-users looking for potentially better deals, while investors might need to assess rental yield and long-term appreciation prospects carefully given the recent price trend.

In Tollygunge, 'Ready To Move' properties were priced at an average of ₹7,937 per sq ft as of March 2026, experiencing a depreciation of 4.79%. In contrast, 'Under Construction' properties are priced significantly higher at ₹12,849 per sq ft, with a strong appreciation of 23.88%. This price gap suggests a premium for immediate occupancy and potentially higher demand for completed units, while new developments are commanding higher prices, possibly due to newer amenities or development stages.

Tollygunge exhibits a rental yield of 14.42% as of March 2026. This metric is crucial for investors as it represents the annual return on investment from rental income relative to the property's capital value. A yield of 14.42% suggests that rental income can be a substantial component of the total returns, making it a potentially attractive location for those seeking rental income alongside capital appreciation.