Top areas in Kolkata with respect to new housing demand

Q: Will Kolkata manifest housing demand in the current market situation?

Anil Choudhary, Kolkata

7th July 2015

Investment Advice in Kolkata

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demand & supply

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Replies (8)

People residing nearby this say that the average capital values in this area ranges from Rs 3800 to 5100 per sq ft. A 2BHK apartment is available within a price bracket of Rs 25 to 50 lakh in sizes from 800 to 1000 sq ft. For a 3BHK apartment sized 1200 to 1700 sq ft, the price range would vary between Rs 50 lakh to Rs 1.5 crore. Villas and residential houses available have 2 and 3BHK unit configuration.

Bijoy Das, Kolkata

10th July 2015

Comment

I read your blog. This is really very interesting and useful tips regarding localities review. These points are really very important when you are going to buy apartments or Flats.I would like to take your opinions about Tollygunge and what to know the average price of this localities.

Anil Choudhary, Kolkata

9th July 2015

Comment

Yes , Tollygunge is one of the searchable area in Kolkata for residential project.Tollygunge in South Kolkata, is strategically surrounded by Bansdroni in the South, Kalighat and Lake Gardens in the North, Behala in the West and Jadavpur in the East. The Mahanayak Uttam Kumar Metro station is hardly 500 meters away from the area. People prefer to stay close to the metro station, which adds value in residential project.

Joseph Sebastian, Kolkata

9th July 2015

Comment

Hi, Recently I visited Behala in search of a good project in this location. I talk some of the good brokers in this area and he said that the average capital values in the area range from Rs 3401 to 4,210 per sq ft. the price bracket of 2BHK units ranges from Rs 25 to 45 lakh in sizes from 700 to 1000 sq ft. For a 3BHK unit sized 1000 to 1400 sq ft, the property value ranges from Rs 30 to 55 lakh. Few projects are under-construction scheduled for possession by the year 2017. Most of these units are ready-to-move-in. Behala also offers 2 and 3BHK residential houses. Many of them are ready-to-move-in units sized 700 to 1800 sq ft.

Sudip Ganguly, Kolkata

9th July 2015

Comment

Hi, I think the average capital values in Garia for apartments ranges between Rs 3150 to 4050 per sq ft. Another factor contributing to the growth is the new housing suply. 2BHK apartments are available in the price range of Rs 15 to 55 lakh with sizes varying from 600 to 1200 sq ft. A 3BHK unit is available in sizes from 1100 to 1600 sq ft in a price bracket of Rs 25 to 75 lakh.

Joseph Sebastian, Kolkata

8th July 2015

Comment

Hi, Behala is another option for residential demand in Kolkata.It is as a suburb to Kolkata and is one of the oldest residential areas. The locality is also known to be an important industrial area as it houses factories, industries and manufacturing units of metal plating, recycling, galvanizing, plastic and spray painting.It is well-connected via frequently running busses and EM Bypass road. Popular modes of commute include buses, trams and taxis.

Kaustav Paul, Kolkata

8th July 2015

Comment

Hi Alokesh, Garia is located in South Kolkata, it is one of the most preferred residential localities in the city. The high housing demand can be attributed to the infrastructure developments, metro connectivity, swift connectivity to other parts of the city via EM Bypass road.

Rajarshi Gupta, Kolkata

7th July 2015

Comment

Hi, As per my thought is concerned real estate market in Kolkata continues to be heavy end-user driven. The reality segment here witnesses approximately 80% of end-user presence. However, investor interest continues to be concentrated in the Raarhat region.

Kaustav Paul, Kolkata

7th July 2015

HiKaustav, I appreciate your viewpoint but Gariahat, a part of Ballygunge area, is the biggest retail area of south Kolkata, comprising shops ranging from branded showrooms to small shops.Roads like Garia Station Road and N.S.C. Bose Road along with the areas around Narendrapur have seen increased interest from the residential standpoint

Rajarshi Gupta, Kolkata

7th July 2015

Hi Anil, As per my knowledge Garia, Behala and Tollygunge are offering the highest number of new residential projects supply. Lots of options with various budget range and configuration of residential units. Buyers and investors have the luxury of preference of new and under-construction projects in this location.

Kaustav Paul, Kolkata

7th July 2015

Comment

Hi, I am new to this forum, but I need some help from all u guys!.... I would like to hear your opinions about this area and kindly suggest some good projects?

Alokesh, Kolkata

7th July 2015

hi, how about the safety in those areas and transport connectivity?

swetha, Chennai

7th July 2015