Increase in metro connectivity, widening of roads to improve traffic congestions and quick development of better civic infrastructure is likely to boost North Kolkata realty segment. Although the specific monetary boost the flyover can give Jessore Road area is speculative but the prices are going to rise for sure. Close proximity to Rajarhat mega city is one of the biggest advantages of North Kolkata. If you looking to invest, it can be a good time to get property at relatively lower prices before the flyover gets completed. You may experience good returns over medium to long term. Renting out of the property could also be considered.
The biggest negative of North Kolkata is its congested roads and bottlenecks of traffic during the peak hours. The flyover at Nagerbazaar on Jessore Road is surely going to ease out the congestion making the area far more unclogged than it is at present. Another important factor is the extension of the metro line from Dum Dum to Dakshineshwar. The improved infrastructure is sure to bring some positive spike in the real estate market in North Kolkata