Britishers described Kolkata as the Gateway to India and colonised it as their capital till 1912. Kolkata was then a sleepy town. Today, Kolkata is an effervescent city that accommodates more than 15 million people. The city is a potpourri of culture and best known as ‘the City of Joy’.

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Kolkata’s real estate market is buzzing with activity. The city is witnessing new construction activity and re-development, simultaneously. Like all other metro cities, Kolkata too has spilled over its boundaries. Suburban towns like Hugli, South Dum Dum, South Suburban City are the new hot-spots for real estate development. Kolkata serves as a nodal point for north-east region of the country. Hence, it serves as a key spot of all retail and commercial activities. This comparative chart will help you in finding your dream property with just one simple click.
Last Updated: July 2009

CAPITAL VALUE
LOCALITY Apartment (Rs/sq ft)   Plot (Rs/sq yd)  
  Q4% (2008-09) July’09 Q4%(2008-09)) July’09
Central (6) 15 to 100 4150-9770 -46 to 90 37400-70800
East (2) 45 to 85 3250-4000 -5 to 10 6350-19500
South (19) -100 to 80 1120-6720 -5 to 15 3900-63000
North(8) -51 to 9 1900-4300 -100 to 10 6450-32300
Others (30) -100 to 80 1400-7700 -18 to 27 4000-64100
RENTAL VALUE
LOCALITY Apartment (Rs/sq ft/month)  
  Q4% (2008-09) July’09
Central (6) -32 to 60 21-37
East (2) - 6 to 38 22-23
South (19) -17 to 40 8-32
North(8) -100 to 10 40-82
Others (30) -14 to 9 11-32

Source : Brix Research

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