Ballygunge
Avg. Rate
₹ 6,455/sq. ft
Locality Rating
7.2/10
Ballygunge is a prominent residential locality situated in Kolkata city and district, known for its upscale character. The area has a population of 54,524 residents living in this predominantly residential neighbourhood. As of October 2025, the current property price in Ballygunge stands at ₹9,800 per sqft, reflecting a substantial growth of 125.3% since January 2011 when it was ₹4,350 per sqft. This impressive price appreciation demonstrates strong investment potential for prospective buyers and investors in the region. Homebuyers and investors looking for long-term value will particularly benefit from living or investing here due to this consistent upward price trend. Overall, the locality presents a promising market outlook for those seeking quality residential real estate in Kolkata.
Region
Ballygunge
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700019
Population
54,524
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Ballygunge is Kolkata's benchmark premium locality — Dover Lane, Ballygunge Place, and Lake Road form the city's most prestigious residential corridor
Ballygunge Phari, Gariahat market, and Southern Avenue provide exceptional walkable retail and cultural infrastructure at the doorstep
Strong end-user demand from business families, senior professionals, and NRIs keeps Ballygunge's resale market liquid through all market cycles
Direct metro access via Rabindra Sarobar station on Line 1 and Jatin Das Park on Line 2 gives Ballygunge multi-line metro connectivity
The Bad
Ballygunge's per-sqft rates (₹8,500–11,000) are among the city's highest, effectively restricting the market to HNIs and dual-income households
Parts of Ballygunge around the lake and Vivekananda Park face seasonal waterlogging that has affected ground-floor units in multiple monsoons
Older housing stock — many buildings date to the 1960s–80s — requires significant renovation and structural assessment before occupancy
Aurum Price Index for Ballygunge
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 6,455/sq. ft
Average Price Range
₹ 2,400 – 16,650
Trend (5Y)
▲ 48.5%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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