Property Rates in Tollygunge, Kolkata 2026

Property rates in Tollygunge have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate reached ₹9,350 per sq ft, up from ₹7,500 per sq ft in March 2026, ₹7,650 per sq ft in December 2025, and ₹8,750 per sq ft in September 2025. This volatility indicates shifting demand dynamics that investors and homebuyers should monitor closely when timing their market entry.

Property rates in Tollygunge vary significantly across the surrounding areas. As of June 2026, B L Saha Road commands a premium at ₹15,700 per sq ft (appreciating by 0.72%), while Prince Anwar Shah Road stands at ₹14,950 per sq ft (depreciating by 1.63%). In contrast, more affordable options are available in Netaji Nagar at ₹3,850 per sq ft (depreciating by 15.77%) and Haridevpur at ₹3,750 per sq ft (depreciating by 0.45%), providing a wide spectrum of entry points for different budget profiles.

As of June 2026, apartments in Tollygunge are priced at an average of ₹9,350 per sq ft, having appreciated by 24.58% compared to the prior period. Meanwhile, villas are available at an average of ₹7,400 per sq ft, which reflects a depreciation of 3.13% over the same timeframe. This data highlights a strong preference for apartment-style living in the area, which has driven up prices significantly compared to villa segments.

Project status significantly influences pricing in Tollygunge as of June 2026. Ready To Move projects are averaging ₹7,900 per sq ft (depreciating by 5.5%), while Under Construction projects are priced at ₹9,650 per sq ft (depreciating by 6.9%). Mid-stage projects currently command the highest premium at ₹13,950 per sq ft, having appreciated by 76.62%, whereas New Launch projects are priced at ₹8,050 per sq ft (depreciating by 5.43%).

As of June 2026, premium projects in Tollygunge include Belani Sanctuary and Mani Vista, both listed at ₹15,000 per sq ft, with the former depreciating by 9.19% and the latter by 1.05%. Other notable projects include Sugam Morya at ₹14,050 per sq ft (appreciating by 0.29%) and Ambika Icon at ₹13,950 per sq ft (appreciating by 45.58%). These projects represent the higher end of the market and are key benchmarks for luxury living in the locality.

As of June 2026, the average rental rate in Tollygunge is ₹90 per sq ft, with rates remaining stable at 0% change compared to the previous period. The locality currently offers a rental yield of 14.40%, which is a strong indicator for investors looking at income-generating assets, as it represents a healthy return on capital relative to the prevailing sale prices.

As of June 2026, the average rent for a 3 BHK apartment in Tollygunge is ₹25,500 per month. This price point serves as a primary benchmark for families and professionals seeking spacious residential units in the area, reflecting the current demand for mid-to-large-sized apartment configurations in this part of the city.

Rental rates in the broader Tollygunge area are currently averaging ₹90 per sq ft, whereas the nearby locality of Bansdroni offers a more affordable rental average of ₹50 per sq ft as of June 2026. The rental rate in Bansdroni has seen a depreciation of 6.67% compared to the previous period, making it a potentially more cost-effective option for tenants compared to the primary Tollygunge market.

Price depreciation, such as the 35.29% decrease seen in Merlin Cambridge or the 11.44% decrease in Golf Tower as of June 2026, often signals a market correction or a shift in buyer demand toward newer or more competitively priced inventory. Investors should view these trends as an opportunity to negotiate better entry points, while end-users should investigate whether the depreciation is due to project age, location-specific factors, or a broader softening in the local micro-market.