Kolkata is quite an old city and has witnessed quite a development since the British rule. The Property Prices in Kolkata are quite high because the city has immense commercial activity taking place. The prices of North South East Kolkata range anywhere between 6000 to 10000 rupees per square ft. However the prices are very high in kolkata central where prices could be anywhere between 40,000 to 70,000 rupees per sq.ft.