Park Circus is a very good investment vehicle for medium to long term. The current prices on an average range between Rs. 4000 to Rs. 6500 per square feet for residential apartment. The rentals for a 2 BHK flat ranges between Rs. 7000 to Rs. 15000 depending on the location and the amenities provided. The area is a good investment proposition because it is either at the staring end of culminating end of a number of civic infrastructural works. I totally agree that the EM bypass – Park Circus connector is going to be mutually beneficial to both the region. I expect a good upside of 15 to 20 percent in the next five to seven years.
Park Circus is definitely one of the hidden gems in central Kolkata’s real estate map. I am also planning to invest in Park Circus area simply because the region offers a tremendous opportunity in the medium to long term. Being located in central Kolkata near throbbing commercial centers like BDD Bagh and Theatre road offers a perfect location. The rental prices in the region are also an added advantage. The eastern suburb connectors especially the one coming from EM Bypass to Park circus is definitely going to provide a great impetus to the prices in the medium to long term.