Buying property in Santosh Nagar, Kolkata

Q: Hi, what are the upcoming projects in Santosh nagar in Kolkata?

Poonam, Kolkata

17th July 2013

Buying property in Kolkata

buying property

investment advice

upcoming projects

buying investment property

Follow Discussion

Also see discussions for

Kolkata Buying property Buying property in Kolkata

Replies (2)

Santosh Nagar is a good investment destination in the medium to long term. It is one of the rare areas in South Kolkata that offers very good deals as far as residential apartments are concerned. One of my friends has invested in a project by Bengal Park Chambers which if offering possession as early as December 2013. Other significant developers with good projects in and around Santosh Nagar include Belani Group, Siddha Group and Orbit. I expect the region to offer as much as 15 to 20% returns in a decade or so. The price trends of Santosh Nagar have always been realistic but I don’t see prices dropping due to its South Kolkata location.

Biswanath Mukherjee, Kolkata

18th July 2013

Comment

I was plannign to do investmennt in Santosh nagar. BUt someone told it is not good for long period investment. Is it true ? Please tell me what to do ?

Shiva Kuchibhottlla, Hyderabad

18th July 2013

Shiva, have a visit to santosh nagar you will get to know. It is really good area for investment. I don't see prices dropping down in south kolkata.

Biswanath Mukherjee, Kolkata

18th July 2013

Santosh nagar is a good investment destination for residential apartments in my opinion. The basic advantage of investing or living in Santosh Nagar is that it offers a perfect location which is located right at the heart of the city with good connectivity. South Kolkata has always been a prime residential destination and the area offers one of the best neighborhood and ambience. Santosh nagar is not as expensive as some of the more influential colonies of South Kolkata like Alipore and Ballygunge but offers value for money deals. Multicon Group, Srijan, Ideal and Daffodil Group have active under construction projects in and around Santosh Nagar that you can check.

satyajit dutta, Kolkata

18th July 2013

Comment

Is it worth for investment ?

Bijoy Das, Kolkata

18th July 2013

Yes Santosh Nagar is good for investment purpose, as it is located in the heart of the city so the price will go high.

satyajit dutta, Kolkata

18th July 2013

How is Daffodil group?

Bijoy Das, Kolkata

18th July 2013

I herad it is good project. So far i din't heard anything negative about the project . POssession date is around 2015 and heard that booking is on process. If you are planning to buy please hurry up .

satyajit dutta, Kolkata

18th July 2013

Thank you Satyajit for the reply. I will just the project once as i want to see the interiors also.

Bijoy Das, Kolkata

18th July 2013