Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Tollygunge, Kolkata Real Estate Market Overview

Tollygunge serves as a dynamic real estate hub in South Kolkata, balancing established residential communities with ongoing infrastructure development. The market shows a stable pricing trend for apartments, with rates currently averaging ₹7,500 per sq ft. Rental activity is notably strong, driven by a rental yield of 14.40% and a steady demand for 3 BHK apartments. While some segments experience-heavy projects cater to luxury buyers, the breadth of property types ensures options for varied investment goals.

  • Apartment rates in Tollygunge currently average ₹7,500 per sq ft.
  • The local rental yield is recorded at a high 14.40%.
  • 3 BHK apartments command an average monthly rent of ₹25,500.
  • Jodhpur Park stands out with a significant 24.74% increase in property rates.
  • Ready to move projects currently maintain an average price point of ₹7,950 per sq ft.

Market Strengths
  • Strong rental yield of 14.40% provides excellent returns for property owners.
  • Diverse range of projects from affordable to premium price brackets.
  • Consistent rental demand for 3 BHK apartments across the locality.
  • Significant growth in micromarket rates from ₹6,100 to ₹6,550 per sq ft.
  • Established projects like Diamond City South maintain stable value at ₹10,150 per sq ft.
Market Challenges
  • Netaji Nagar has experienced a sharp correction of -15.77% in property rates.
  • Southern Avenue prices have seen a decline of -7.22% over the recent period.
  • New Alipore property rates have adjusted downward by -4.88%.
  • Merlin Cambridge project rates have faced a significant decrease of -35.29%.
Investment Opportunities
  • High rental yield of 14.40% makes Tollygunge ideal for income-focused investors.
  • Jodhpur Park shows strong capital appreciation with a 24.74% increase in rates.
  • Selimpur presents growth potential with a 12.63% rise in property values.
  • 3 BHK apartments offer a stable rental income stream of ₹25,500 per month.
Top Localities in Tollygunge, Kolkata

Sarat Bose Road

Avg Price ₹ 9,450 /Sq.Ft.
LISTINGS 1

Regent Park

Avg Price ₹ 6,200 /Sq.Ft.
LISTINGS 1
Price Trend

Tollygunge, Kolkata Property Price Trends and Appreciation

The Tollygunge market has seen price adjustments over recent quarters, moving from ₹8,750 per sq ft in September 2025 to a current level of ₹7,500 per sq ft. Meanwhile, the surrounding micromarket has demonstrated a consistent upward trajectory, climbing from ₹6,100 to ₹6,550 per sq ft over the same period. This indicates a closing gap between the primary location and its broader micromarket context.
Asking Price Trends
₹ 7,500/Sq.Ft -1.96 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
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
The residential landscape across Tollygunge varies significantly by locality, offering a wide spectrum of entry points for 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, locations such as Haridevpur and Netaji Nagar offer more accessible entry prices at ₹3,750 and ₹3,850 per sq ft, respectively. Lake Gardens also provides value at ₹6,000 per sq ft.
Type Rate (₹/Sq.Ft) Change %
Villa 7,400 -3.1
Apartment 7,500 -2
Tollygunge offers distinct choices for property seekers, with apartments currently averaging ₹7,500 per sq ft. Villas are also available, priced at an average of ₹7,400 per sq ft. These competitive rates across both segments allow investors to choose between high-density apartment living and more spacious villa options depending on their specific needs.
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 market features a diverse supply of housing based on construction status, catering to both immediate and long-term requirements. Ready to move projects, which make up the bulk of the inventory, are priced at ₹7,950 per sq ft. For those looking at future growth, under construction projects are available at ₹12,850 per sq ft, while new launches are currently positioned 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 developments in Tollygunge set the benchmark for luxury living in South Kolkata. 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 highlight the aspirational segment of the local real estate market.
Rental Trends

Rental Trends and Average Rent in Tollygunge, Kolkata

The rental market in Tollygunge is anchored by demand for spacious 3 BHK apartments. These units currently command an average monthly rent of ₹25,500, making them a preferred choice for residential tenants in the area. Bansdroni is a key area for rental activity within the Tollygunge corridor. It currently records an average rental rate of ₹50 per sq ft, reflecting a slight adjustment of -2.17% over the recent period.
Tollygunge Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
3 Bhk 25,500
The rental market in Tollygunge is anchored by demand for spacious 3 BHK apartments. These units currently command an average monthly rent of ₹25,500, making them a preferred choice for residential tenants in the area.
Locality Rate (₹/Sq.Ft) Change %
Bansdroni 50 -2.2
Bansdroni is a key area for rental activity within the Tollygunge corridor. It currently records an average rental rate of ₹50 per sq ft, reflecting a slight adjustment of -2.17% over the recent period.

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 ₹ 12,100 /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
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 4,000 /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 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 area's residential property segment.

How do property rates in Tollygunge compare to nearby neighbourhoods?

Property rates in Tollygunge vary significantly when compared to surrounding areas. For instance, B L Saha Road commands a premium with an average asking price of ₹15,700 per sq ft (which has appreciated by 0.72% from Jun 2025 to Jun 2026), while Netaji Nagar offers more accessible entry points at ₹3,850 per sq ft, despite a depreciation of 15.77% over the same period. Other notable areas include Jodhpur Park at ₹10,200 per sq ft (up 24.74%) and Haridevpur at ₹3,750 per sq ft (down 0.45%), highlighting the diverse price spectrum available to buyers in the South Kolkata region.

How does the price of Ready To Move properties compare to Under Construction projects in Tollygunge?

As of June 2026, Ready To Move properties in Tollygunge are priced at an average of ₹7,950 per sq ft, reflecting a depreciation of 4.79% compared to the previous period. In contrast, Under Construction projects command a higher premium at ₹12,850 per sq ft, which has seen a significant appreciation of 23.88% over the same timeframe. This price gap often reflects the premium buyers are willing to pay for modern, newer developments currently in the construction phase versus established, ready-to-occupy inventory.

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, a rate that has remained stable with 0% change compared to the previous period. The area currently offers a rental yield of 14.40%, which is a key metric for investors to consider when evaluating the income-generating potential of their property relative to the capital invested in the purchase.

What are the rental trends for different BHK configurations in Tollygunge?

As of June 2026, the rental market in Tollygunge shows a specific focus on 3 BHK apartments, which command an average monthly rent of ₹25,500. This data point provides a benchmark for tenants looking for larger family-sized homes in the area and helps landlords understand the current market positioning for their 3 BHK residential assets.

Which projects in Tollygunge currently have the highest listing rates?

Several premium projects in Tollygunge lead the market in listing rates as of June 2026. Belani Sanctuary and Mani Vista both lead the segment at ₹15,000 per sq ft, with Belani Sanctuary showing a depreciation of 9.19% and Mani Vista a depreciation of 1.05% compared to the previous period. Other high-value projects include Sugam Morya at ₹14,050 per sq ft (up 0.29%) and Ambika Icon at ₹13,950 per sq ft, which has seen a substantial appreciation of 45.58% over the same timeframe.

How should investors interpret the price trends in Tollygunge?

Investors should note that the average asking price in Tollygunge was ₹7,500 per sq ft as of March 2026, following a trajectory that saw rates at ₹7,650 per sq ft in December 2025 and ₹8,750 per sq ft in September 2025. The recent trend indicates a period of price adjustment, which may offer strategic entry points for long-term investors looking for value in established South Kolkata localities, especially when balanced against the area's rental yield potential of 14.40%.

Are there differences in pricing between apartments and villas in Tollygunge?

As of June 2026, apartments in Tollygunge are priced at an average of ₹7,500 per sq ft, reflecting a depreciation of 1.96% from the previous period. Villas are currently priced at an average of ₹7,400 per sq ft, which has seen a depreciation of 3.13% over the same period. This indicates that both primary property types in the locality are experiencing similar market adjustments.

What does the rental rate in Bansdroni indicate for the broader Tollygunge area?

Bansdroni, a key locality within the Tollygunge rental market, currently records an average rental rate of ₹50 per sq ft as of June 2026. This rate has experienced a depreciation of 2.17% compared to the previous period, providing a comparative benchmark for tenants and investors who are assessing rental affordability and demand patterns in the immediate vicinity of Tollygunge.

How do Mid Stage and New Launch projects compare in terms of pricing in Tollygunge?

As of June 2026, Mid Stage projects in Tollygunge are priced at an average of ₹9,450 per sq ft, having appreciated by 20.06% compared to the previous period. Conversely, New Launch projects are currently priced at ₹7,950 per sq ft, which reflects a depreciation of 6.22% over the same timeframe. This divergence suggests that projects currently in the mid-stage of development are seeing stronger price momentum compared to the latest new supply entering the market.

Country/City