Central Kolkata Real Estate: Major Localities And Price Trends

By Author: Vinay Kumar
Total Articles: 19
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Central Kolkata, buzzed with tremendous business and industrial activity, comprises of a number of real estate nodes. The sub-city offers options across different price brackets. On one hand, there are affordable localities like Rajarhat and GT Road, and on the other are plush areas like Topsia and Ballygunge. The article focuses light on the available options for property seekers.


Rajarhat, one of the planned localities of real estate in Kolkata, is a major residential hub. Growing at a fast pace, Rajarhat has made a substantial development in IT sector too. As far as, proper rates are concerned,this locality comes as a best bet for middle-income buyers. A 3 BHK flat for sale is available at a starting price around 20 lakh. In the first quarter of 2104, the locality underwent a price appreciation of 1%.


Another locality in Central Kolkata that offers budget 3 BHKs at cost-effective rates is Behala. One of the oldest residential localities, Behala is a major industrial area. A three-room flat is available at a comfortable 20-25 lakh price bracket. In the time to come, the area shall see coming ...
... up of BBD Bagh Metro Rail Project. It is expected to bring a surge in demand for properties.


EM Bypass, a high-end locality, connects Bidhannagar to South parts of the city. Over years, a plenteous of residential complexes and shopping mall have sprung up here. The road was developed to lessen the traffic congestion over Gariahat Road. During last quarter, i.e. Jan-Mar, 2014, EM Bypass property prices witnessed a good upsurge of 13%.


Ballygunge is an upmarket market real estate at Kolkata. The locality is criss-crossed by a number of important roads like Gariahat Road, Dover Road and Ballygunge Circular Road. Today, the area is a a famous hub of shopping and entertainment industry of Central Kolkata. During Jan-Mar, 2014, property prices here slumped by 4% as compared t previous quarter.


In addition to the budget localities mentioned above, Central Kolkata offers a number of other options too. A 3 BHK apartment across localities like Siliguri Road, Kestopur, EM Bypass, and Airport Road is available in the comfortable 30-50 lakh price bracket. In the higher range come Baghihati, Park Circus, and Tangra; a three bedroom flat can cost a buyer anywhere in 50-90 lakh segment. APC Road, Ballygunge, Padma Pukur, Sealdah Topsia, and Entally are some of the poshest localities that form part of central region of Kolkata.


To know more about current price trends, look into India property sites available online.


Makaan.com is a major india property sites that features residential and commercial properties in Kolkata. The site features price trends for Kolkata real estate in every quarter of the year.