Dumdum, Kolkata: A booming residential locality
Post Independence, Kolkata, the city of joy, has been on a growth spree. From people of different cities, migrating in the urban sprawl to incorporating different businesses, growth has been the constant companion of the city and the real estate sector is the brightest example. The recent talk of the town is the Dum Dum locality, which plays a key role in changing the game for the real estate sector of the city.
Strategically located at a distance of 10 km from the city center, Dum Dum has been in the spotlight for the Netaji Subhash Chandra Bose International Airport. Equipped with an excellent rail and road network, the real estate market of the locality has come off age with time. Availability of affordable apartments, proximity to highway NH-4 and excellent infrastructure has done the trick for the locality.
Safe investment option
The railway station is situated on the Sealdah-Ranaghat line and the locality offers regular bus service for the commuters to Babughat, Birati-Nimta road,Jessore, Salt Lake Sector V, Cantonment Road and more. Easy commute has acted as the driving factor for buyers to tag this locality as an upcoming destination.
With renowned educational institutes such as North Point School, Jawaharlal Nehru Vidyapeeth, and Howard Memorial English School and hospitals like Dum Dum Municipality Hospital, Kalindi Health Centre, and Green Park Nursing Home, buyers feel the area is safely positioned. These days the buzz is around skyscrapers, shopping malls and multiplexes and Dum Dum has much to offer. Its realistic pricing in comparison to other areas has helped it to earn the goodwill among the buyers.
Real estate and price trends
As per market reports, the average price per sq ft in the locality stands at Rs 3200. This states that a 1000 sq ft apartment would range somewhere between Rs 30 lakh- Rs 32 lakh. From excellent infrastructure to the newly built high-rises, DumDum has emerged as the recent hot shot which has got the real estate tycoons go gaga over it.
According to the proponents of the Dum Dum real estate market, a number of NRIs have invested in properties in the locality valuing Rs 70 lakh- Rs 1 crore. Such residential complexes are laced with modern amenities like swimming pool, gardens, shopping complexes, children recreational areas etc. Over the years, the local population in the area has got a hang of 2BHK and 3BHKs that fall in the price bracket Rs 30 lakh- Rs 45 lakh.
