This is the right time to invest in Hoogly district in my opinion as well. The advantage of investing today is the prices have not quite escalated compared to the number of projects that the region is likely to achieve in the near future. The east west metro corridor, the Kona Expressway as part of the Golden Quadrilateral project and huge commercial developments are likely to offer good returns in the medium to long term
You have not mentioned whether you are seeking to invest is a residential apartment or a plot or commercial land. The residential apartments have witnessed a constant upwards trend in the past five to seven years and I believe its going to rise even further as development works get finished.
Nice to know that you are keen on investing in Hooghly District. The area is going to unlock its real potential in the future and I consider any investment in Howarh and Hoogly as medium to long term decision. You have not mentioned the kind of property you would be interested in but I am assuming it to be a residential apartment.
The price range of residential apartments in Hoogly District ranges between Rs. 1300 to Rs. 2200 per square feet depending on the area and the locality. The prices are quite right in my opinion and expect to double once the east west metro corridor gets functional in the near future.