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Insights for Tollygunge, Kolkata Real Estate Market Overview

Tollygunge serves as a prominent residential hub in Kolkata, characterized by a diverse mix of ready-to-move and under-construction projects. The market has demonstrated dynamic price shifts, with current trends indicating a steady interest in high-end apartments. Investors are increasingly drawn to the area due to a strong rental yield of 14.40%, which underscores the locality's appeal for long-term capital growth and consistent rental income. Furthermore, the presence of established developers and a variety of unit configurations ensures that the region caters to both end-users and serious investors alike.

  • Average apartment rates in the locality stand at ₹9,350 per sq ft, reflecting a significant yearly increase of 24.58%.
  • Premium projects like Ambika Icon and Merlin Avana are witnessing substantial price appreciation, with changes of 45.58% and 72.97% respectively.
  • The rental market remains highly active, with 3 BHK apartments commanding an average monthly rent of ₹25,500.
  • Jodhpur Park leads the nearby sub-locations with an average price of ₹10,200 per sq ft, showing a robust growth of 24.74%.
  • Ready to move inventory remains the most abundant segment, providing 27 available units for immediate occupancy.

Market Strengths
  • A strong rental yield of 14.40% makes Tollygunge an attractive destination for buy-to-let investors.
  • The apartment segment has shown robust growth of 24.58% over the past year.
  • Major projects like Merlin Avana have recorded a significant price appreciation of 72.97%.
  • Selimpur has emerged as a high-growth area with a 12.63% increase in property rates.
  • The diverse supply of 27 ready-to-move projects ensures immediate availability for home buyers.
  • B L Saha Road maintains a strong premium market position with an average rate of ₹15,700 per sq ft.
Market Challenges
  • Southern Avenue has seen a price correction of -7.22%, indicating a softening in that specific segment.
  • Netaji Nagar and Haridevpur have experienced downward price trends of -15.77% and -0.45% respectively.
  • Under-construction projects have seen a price change of -6.9%, which may warrant caution for short-term investors.
  • Ready to move inventory pricing has dipped by -5.5%, reflecting a competitive resale market.
Investment Opportunities
  • The 14.40% rental yield offers a compelling opportunity for investors seeking consistent income.
  • 3 BHK apartments represent a high-demand segment with an average monthly rent of ₹25,500.
  • New launch projects at ₹8,050 per sq ft provide a balanced entry point for long-term capital appreciation.
  • Sub-locations like Jodhpur Park have shown significant growth of 24.74%, making them prime targets for investment.
Top Localities in Tollygunge, Kolkata

Ashok Nagar

Avg Price ₹ 5,150 /Sq.Ft.
LISTINGS 1

Kudghat

Avg Price ₹ 3,600 /Sq.Ft.
LISTINGS 1
Price Trend

Tollygunge, Kolkata Property Price Trends and Appreciation

The Tollygunge market has experienced notable fluctuations in property rates over the past year. After reaching a peak of ₹9,350 per sq ft in the quarter ending June 2026, the market has shown a recalibration compared to the ₹7,500 per sq ft recorded in March 2026. These trends highlight the evolving nature of demand within this key South Kolkata neighborhood.
Asking Price Trends
₹ 7,500/Sq.Ft -1.96 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 9350
Mar 2026 7500
Dec 2025 7650
Sep 2025 8750
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
Real estate values across Tollygunge's surrounding areas vary significantly based on their specific location and infrastructure. B L Saha Road commands a premium at ₹15,700 per sq ft, while Prince Anwar Shah Road follows closely at ₹14,950 per sq ft. In contrast, more affordable options are available in Haridevpur and Netaji Nagar, where rates hover at ₹3,750 and ₹3,850 per sq ft respectively. This range allows buyers to select properties based on their specific budgetary and lifestyle requirements.
Type Rate (₹/Sq.Ft) Change %
Villa 7,400 -3.1
Apartment 9,350 24.6
Tollygunge's residential market is defined by a clear preference for apartment living, which currently averages ₹9,350 per sq ft and has seen a growth of 24.58%. While villas are also available at a competitive average of ₹7,400 per sq ft, the apartment segment continues to dominate transaction interest. This division in property types allows investors to target either high-growth apartment assets or more stable villa developments.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 29 7,997 -4.3
Under Construction 5 9,650 -6.9
New Launch 12 8,050 -5.4
The supply landscape in Tollygunge is well-distributed, offering buyers options at every stage of development. Ready to move projects, which include 27 units, are currently priced at an average of ₹7,900 per sq ft. For those looking for newer inventory, 12 new launch projects are available at ₹8,050 per sq ft, while mid-stage projects command a premium of ₹13,950 per sq ft, reflecting their advanced development status.
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 ₹ 53 L - ₹ 90.7 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 - ₹ 90 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 ₹ 51.3 L - ₹ 77.49 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 set the benchmark for luxury living in the area. Belani Sanctuary and Mani Vista both lead the market with asking prices of ₹15,000 per sq ft. Other notable projects include Sugam Morya at ₹14,050 per sq ft and Ambika Icon at ₹13,950 per sq ft. These properties represent the high-value segment of the market, attracting buyers who prioritize modern amenities and prime locations.
Rental Trends

Rental Trends and Average Rent in Tollygunge, Kolkata

The rental market in Tollygunge is anchored by 3 BHK apartments, which currently command an average monthly rent of ₹25,500. This segment remains a primary choice for families seeking residential space in this well-connected locality. Rental rates in the vicinity are highlighted by Bansdroni, which currently averages ₹50 per sq ft. While this area has seen a slight adjustment of -6.67%, it remains a key sub-market for tenants looking for affordable rental options within the broader Tollygunge region.
Tollygunge Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
3 Bhk 25,500
The rental market in Tollygunge is anchored by 3 BHK apartments, which currently command an average monthly rent of ₹25,500. This segment remains a primary choice for families seeking residential space in this well-connected locality.
Locality Rate (₹/Sq.Ft) Change %
Bansdroni 50 -6.7
Rental rates in the vicinity are highlighted by Bansdroni, which currently averages ₹50 per sq ft. While this area has seen a slight adjustment of -6.67%, it remains a key sub-market for tenants looking for affordable rental options within the broader Tollygunge region.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Tollygunge, Kolkata

Avg. Asking Price ₹ 10,550 /Sq.Ft
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 June 2026?

As of June 2026, the average asking price in Tollygunge stands at ₹7,500 per sq ft. This figure reflects a depreciation of 1.96% compared to the previous period, indicating a slight market correction in the locality's residential segment.

How have property price trends evolved in Tollygunge recently?

Property price trends in Tollygunge have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate reached ₹9,350 per sq ft, rising 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 movement suggests a dynamic market where buyer interest and inventory availability continue to recalibrate.

How do property prices in Tollygunge compare to nearby neighbourhoods?

Property prices in Tollygunge vary significantly across surrounding areas, reflecting diverse market demand. As of June 2026, B L Saha Road commands a premium at ₹15,700 per sq ft (appreciating by 0.72%), while Lake Gardens is priced at ₹6,000 per sq ft (appreciating by 4.87%). Other notable areas include Jodhpur Park at ₹10,200 per sq ft (appreciating by 24.74%) and Netaji Nagar at ₹3,850 per sq ft (depreciating by 15.77% from previous periods).

What is the price difference between apartments and villas in Tollygunge?

Apartments in Tollygunge currently command a higher average price than villas as of June 2026. Apartments are priced at ₹9,350 per sq ft, having appreciated by 24.58% over the period, whereas villas are priced at ₹7,400 per sq ft, showing a depreciation of 3.13%.

How does project status influence property rates in Tollygunge?

Property rates in Tollygunge are heavily influenced by construction status as of June 2026. Mid-stage projects currently command the highest premium at ₹13,950 per sq ft, which has seen a significant appreciation of 76.62%. In contrast, ready-to-move projects are priced at ₹7,900 per sq ft (depreciating by 5.5%), while under-construction projects are at ₹9,650 per sq ft (depreciating by 6.9%).

What are the top-listed residential projects in Tollygunge by price?

As of June 2026, premium residential 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 high-value 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%).

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

The average rental rate in Tollygunge is ₹90 per sq ft as of June 2026, with rates remaining stable at 0% change compared to the previous period. The locality offers a rental yield of 14.40%, which is a significant indicator for investors evaluating the income potential of their property relative to the current capital outlay.

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

As of June 2026, 3 BHK apartments in Tollygunge command an average rent of ₹25,500 per month. This rental segment provides a clear benchmark for tenants and landlords in the residential apartment market, representing the primary data point for mid-to-large sized housing units in the locality.

How do rental rates vary between Tollygunge and nearby areas like Bansdroni?

Rental rates in Tollygunge currently stand at ₹90 per sq ft as of June 2026, whereas the nearby area of Bansdroni records a lower average rental rate of ₹50 per sq ft. The rental market in Bansdroni has seen a depreciation of 6.67% over the observed period, highlighting the premium status Tollygunge holds in the local rental landscape.

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