Kolkata, India
Property prices · 2024 · Asia
Property price trend in Kolkata (2024–2026)
Property comparison — cities in India (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Kolkata |
|---|---|---|---|---|
| Kolkata | INR 70,000 | INR 45,000 | INR 20,000 | — |
| Mumbai | INR 185,000 | INR 95,000 | INR 35,000 | +164.3% |
| Delhi | INR 150,000 | INR 98,000 | INR 38,000 | +114.3% |
| Bangalore | INR 95,000 | INR 58,000 | INR 22,000 | +35.7% |
| Chennai | INR 95,000 | INR 62,000 | INR 28,000 | +35.7% |
| Hyderabad | INR 90,000 | INR 58,000 | INR 28,000 | +28.6% |
| Pune | INR 85,000 | INR 55,000 | INR 25,000 | +21.4% |
| Ahmedabad | INR 55,000 | INR 36,000 | INR 16,000 | -21.4% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Kolkata in 2024?
In Kolkata, the average price per sqm in the city centre is INR 70,000, and INR 45,000 outside the centre (2024 data). Prices have risen 11.5% since 2024.
How much is rent in Kolkata in 2024?
A 1-bedroom apartment in Kolkata rents for approximately INR 20,000 per month in 2024. A 3-bedroom apartment costs around INR 32,000/month.
Is it better to buy or rent in Kolkata?
Buying and renting are roughly comparable in Kolkata. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.50%.
What are mortgage rates in India in 2024?
The average mortgage rate in India is approximately 8.50% as of 2024. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Kolkata?
The average property price per square metre in Kolkata city centre is INR 70,000 in 2024. Outside the centre, expect to pay around INR 45,000/sqm.