Property Rent Rates & Price Trends in Kolkata - 2018
Kolkata is one of the cosmopolitan cities of India. It also happens to be one of the affordable real estate markets. While the real estate market may have registered a lull over the last few years, those looking at rental returns continue to feel positive about the market. With IT/ITes and allied industries thriving herein, young professionals often opt for budget homes across the city. If you are looking at a property on rent in Kolkata, note the following:
Note these: Popular configurationOut of the 127 properties listed for rent, 2203 are 2BHK units and closely followed by 3BHK units. This establishes the popularity of both these configurations in the Kolkata rental market.
Affordable properties on rentLooking for property on rent within Rs 10,000 per month? College Street, Central Avenue, Shyambazar , Kamalgazi are among the most affordable locations where you can opt for a small-configuration property on rent within Rs 5,000 per month. Tagore Park, Kasba, Garia, Salt Lake Bypass, Tiljala, Mahamayatala are other affordable localities with rental options.
Rental properties in most liveable localitiesLooking at rental properties in the most liveable localities of Kolkata? Bhawanipur that boasts a liveability quotient of 10 on 10 has rental properties in the range of Rs 12,000 to Rs 1.40 lakh per month. In Elgin, which has a liveability score of 9.7 on 10, rental range is anywhere between Rs 30,000 to Rs 95,000 per month. Kalighat is one of the areas where property prices are within Rs 20,000 per month.
Furnished homes on rentThere are over 1117 fully-furnished homes on rent in Kolkata. Choose from a list of furnished homes only on Makaan.com. Click here. Prices are in the range of Rs 1425 toto Rs 3.00 lacs . Configurations and prices may vary.
Luxury homes on rentLooking for luxury homes on rent? Close to 40 homes are on rent priced above Rs 1 lakh per month. You can find such luxury real estate in Loudon Street, EM Bypass, Kasba, Park Street, Camac Street, Deshapriya Park Road, Park Circus, Salt Lake, Little Russell Street, Tollygunje are some of the popular localities with plush abodes.
Villas on rent in KolkataIf apartments on rent are not your style, you could take a look at villas and independent homes in Kolkata. These villas are in the price range of Rs 4,000 to Rs 1.80 lakh per month. Configurations may vary and prices are dependent on the qualitative determinants such as infrastructure, size of the house, quality of construction and amenities among others. For affordable units, you could turn to localities near Dum Dum Metro, Keshtopur, Howrah, New Garia, Baguihati, MG Road etc. If you are looking at an high-end rental property in Kolkata, you could search for properties in Salt Lake, Prince Anwar Shah Road, Bhawanipur, Rajdanga, New Town, Tagore Park etc.
Zone-wise popular localities If you are looking at Kolkata East, Keshtopur, Salt Lake City, EM Bypass are the top picks. These localities have maximum property options if you are looking at buying or renting.- When it comes to North Kolkata, you could turn to New Town, Rajarhat and Dum Dum for a choice in terms of property options for rental homes.
- In South Kolkata, turn to Tollygunge, Joka, Behala and Picnic Garden when it comes to units on rent.
- In West Kolkata, Uttarpara Kotrung, Howrah, Konnagar and Santragachi are popular when it comes on rent.
- Besides the above, for rental units, Action Area I, Prince Anwar Shah Road and New Town Action Area 1 are coveted destinations with many property options.
The annual rental yield in Kolkata is 4.976500 percent. This means you could recover 4.976500 percent of the property cost in a year if you put the property on rent. This calculation is based on the average rates in the city and is not fixed.
.| Locality Name | Rental Rates | |||||
|---|---|---|---|---|---|---|
| 1 BHk | 2 BHK | 3 BHK | ||||
| Rent range | Avg rent | Rent range | Avg rent | Rent range | Avg rent | |
| New Town | 5,000 - 22,000 | 8,968.75 | 18,000 | 18,000 | 22,000 | 22,000 |
| Rajarhat | 8,000 | 8,000 | 8,000 - 25,000 | 12,982.14 | 10,000 - 1.5 L | 19,165.22 |
| Dum Dum | 4,500 - 5,000 | 4,700 | 6,500 - 10,500 | 7,833.33 | 14,000 | 14,000 |
| Tollygunge | 9,000 | 9,000 | 13,000 | 13,000 | 33,000 | 33,000 |
| Joka | - | - | 8,000 - 18,000 | 13,400 | 12,000 - 26,000 | 18,875 |
| Airport | 9,500 | 9,500 | - | - | - | - |
| Madhyamgram | 7,500 | 7,500 | 4,200 - 12,000 | 8,233.33 | 11,600 - 15,000 | 12,866.67 |
| Howrah | 4,000 | 4,000 | 9,500 - 18,000 | 13,750 | 14,000 | 14,000 |
| Uttarpara Kotrung | 20,000 | 20,000 | - | - | - | - |
| Garia | 12,000 | 12,000 | 12,000 - 14,000 | 13,000 | 11,000 - 60,000 | 24,257.58 |
| Salt Lake City | 7,000 - 9,000 | 7,666.67 | 15,000 - 16,000 | 15,666.67 | 18,000 - 22,000 | 21,000 |
| Sodepur | - | - | 5,500 - 6,500 | 6,000 | 14,000 - 15,000 | 14,333.33 |
| Keshtopur | 5,500 - 7,000 | 6,250 | 7,000 | 7,000 | 15,000 | 15,000 |
| Tangra | 13,000 | 13,000 | 9,000 - 2.2 L | 28,731.48 | 22,000 - 60,000 | 34,976.56 |
| Narendrapur | 11,000 | 11,000 | 12,000 - 25,000 | 16,357.14 | 13,000 - 47,000 | 22,527.78 |
| Lake Town | 7,000 - 9,000 | 8,333.33 | 9,000 - 25,000 | 14,791.67 | 10,000 | 10,000 |
| Dum Dum Cantonment Kolkata | 5,000 - 6,300 | 5,600 | 8,000 - 9,500 | 8,700 | - | - |
| Belghoria | - | - | 10,000 - 20,000 | 15,000 | 18,000 - 38,000 | 24,750 |
| Behala | 12,000 | 12,000 | 7,500 | 7,500 | 10,000 - 30,000 | 20,458.33 |
| Kaikhali | 5,000 | 5,000 | 7,500 - 18,000 | 11,882.35 | 11,000 - 39,000 | 20,800 |
| Hooghly | - | - | - | - | - | - |
| E M Bypass | 15,000 | 15,000 | 13,000 - 30,000 | 16,714.29 | 15,000 - 90,000 | 39,2.35 |
| Baguihati | 5,100 - 6,000 | 5,550 | 10,000 | 10,000 | 13,000 | 13,000 |
| Picnic Garden | 5,200 - 7,000 | 5,962.5 | 6,500 - 16,000 | 9,356.67 | 16,000 - 20,000 | 18,666.67 |
| Jessore Road | - | - | 8,500 - 12,000 | 10,375 | 16,500 - 1.3 L | 43,900 |
| Durganagar | - | - | 8,500 | 8,500 | - | - |
| Konnagar | - | - | - | - | - | - |
| Serampore | - | - | 13,500 | 13,500 | - | - |
| Airport road | - | - | - | - | - | - |
| B T Road | - | - | - | - | - | - |
| Sonarpur | - | - | - | - | 12,000 - 15,000 | 13,500 |
| Barasat | 7,000 | 7,000 | 8,500 | 8,500 | 10,000 | 10,000 |
| Dakshineswar | - | - | - | - | - | - |
| Kasba | 10,000 - 35,000 | 22,500 | 9,500 - 18,000 | 10,750 | 15,000 | 15,000 |
| Beliaghata | 7,000 - 90,000 | 45,666.67 | 9,000 - 25,000 | 16,363.64 | 20,000 - 30,000 | 25,000 |
| Mukundapur | 8,000 - 18,000 | 12,875 | 8,000 - 27,000 | 18,328.57 | 14,000 - 53,000 | 29,392.86 |
| Park Circus | 12,000 | 12,000 | 16,000 - 40,000 | 25,000 | 22,000 | 22,000 |
| birati | - | - | - | - | - | - |
| Chinar Park | - | - | 12,000 - 14,000 | 13,000 | 18,000 | 18,000 |
| Thakurpukur | 6,000 | 6,000 | 8,000 - 16,000 | 11,166.67 | 20,000 | 20,000 |
| Tiljala | 9,500 | 9,500 | - | - | - | - |
| Hooghly Chinsurah | 50,000 | 50,000 | - | - | - | - |
| Bangur | - | - | 12,000 - 19,500 | 15,833.33 | 22,000 | 22,000 |
| Phool Bagan | - | - | 9,000 | 9,000 | 15,000 - 45,000 | 29,328.95 |
| Kankurgachi | 12,000 | 12,000 | 15,000 - 20,000 | 17,500 | 28,000 | 28,000 |
| Bonhooghly on BT Road | 6,500 | 6,500 | 6,000 | 6,000 | 15,000 - 17,000 | 16,000 |
| Baguiati | 5,600 | 5,600 | 7,500 | 7,500 | 9,000 - 24,000 | 13,250 |
| HINDMOTOR | - | - | - | - | - | - |
| Ballygunge | 12,000 | 12,000 | 25,000 - 40,000 | 29,750 | 18,000 - 1 L | 49,611.11 |
| Diamond Harbour Road | - | - | - | - | 30,000 | 30,000 |
| Kamarhati on BT Road | - | - | - | - | - | - |
| New Alipore | - | - | 12,500 - 22,000 | 16,625 | 30,000 | 30,000 |
| Alipore | - | - | - | - | 35,000 - 75,000 | 56,428.57 |
| Dum Dum Park | 5,000 - 7,000 | 6,166.67 | 11,000 - 12,000 | 11,500 | 10,000 - 25,000 | 19,300 |
| Jadavpur | 5,000 - 7,500 | 5,600 | 5,600 | 5,600 | 21,000 | 21,000 |
| Rajarhat Chowmatha | - | - | - | - | - | - |
| Topsia | - | - | 10,000 - 32,000 | 23,892.86 | 15,000 - 60,000 | 32,128.57 |
| Bhawanipur | 16,000 - 25,000 | 20,500 | 20,000 | 20,000 | 26,000 - 80,000 | 42,700 |
| Santoshpur | 7,200 | 7,200 | 8,000 - 40,000 | 22,480 | 26,000 - 40,000 | 32,285.71 |
| Baruipur | 4,000 | 4,000 | 12,000 | 12,000 | - | - |