Investment in Kolkata surburbs

Q: Hi..i am planning to invest in Kolkata..specially in the subrub areas..?? Is it right time to invest there and what are the property prices there..??

Joseph Sebastian, Kolkata

18th February 2013

Investment Advice in Kolkata

projects in kolkata

kolkata real estate

apartments in kolkata

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Replies (5)

Hi Joesph...The current per sq ft rate along Konnagar and Uttarpara is around Rs 2,500 to Rs 4,000. While per sq ft price in fringe areas of south Kolkata such as Sonarpur, Rajpur, Baruipur is around Rs 2,7500 to Rs 3,000.

Lekshmi,

19th February 2013

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Hi Joepph...i think you should invest in these suburbs...many developers are launching projects here. Few of them are RDB Realty and Infrastructure in Konnagar, Unimark Group in Uttarpara, Keventer group in Rishra. Unimark group will soon launch its project “Unimark Riveria” which will have around 500 apartment units. This project in Kolkata is targeted for both premium and mid segments.

Dwarkesh,

19th February 2013

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@ Manohar...The suburbs in Kolkata are also seeing a steady inflow of big realtors. The key factors which make these areas as good option are lower land prices as compared to the other areas in city and availability of catchment area due to proximity to factories.

Sam Pawel,

19th February 2013

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Hey Joesph.. suburbs in Kolkata is a good option...but yes prices at these suburbs like Uttarpara, Konnnagar, Sonarpur , Rajapur etc is incresing. The strange thing lies here that these areas do no fall along the metro route but still they are recording high rise in real estate prices.

Manohar,

19th February 2013

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