Flat rate in kolkata | Flat prices in Kolkata according to locality
By Pratik Balasaria

Prices of flats and apartments are in constant flux and especially differ depending on the locality. In this article, we try to help home buyers in Kolkata by listing down flat rate in Kolkata according to localities. 

Flat rate in Kolkata North

flat rate in kolkata

North Kolkata is a prominent residential area with comprehensive road and rail connectivity. The area boasts proximity to the employment hubs of Salt Lake, Rajarhat and New Town.

Furthermore, the area includes key hospitals such as Columbia Asia Hospital, Apollo Gleneagles Hospital, and ILS Hospitals in the vicinity. Adding to the hot spot market value of flat rate in kolkata north is the area’s proximity to famous shopping malls such as Salt Lake City Centre, Diamond Plaza and Mani Square. Lastly, let’s not forget the widespread connectivity through VIP Road, Belgachia Metro Station and Jessore Road.

The flat rate in kolkata North’s prime residential

1. BT Road: Price per square feet Rs. 2,807 – Rs. 4,305 / sqft. Price trend: -10.2%
2. Dum Dum: Price per square feet Rs. 1,600 – Rs. 9,873 / sqft. Price trend: 25.3%
3. Lake Town: Price per square feet 2,774 – 10,898 / sqft. Price trend: 60.9%
4. Bangur Avenue: Price per square feet 3,300 – 7,318 / sqft. Price Trend: 2.5%

1. Flat rate in Kolkata New Town 

Developed as a smart city, this northern suburb of Kolkata not only has high-end residential units with excellent connectivity to EM Bypass and the VIP Road, the locality also has good

connectivity to bus and other public transport services. Covered by New Town Kolkata Development Authority, New Town boasts of commercial properties, clubs, business parks, and offices of top-notch companies thus making the locality an ideal concoction of residential and commercial developments.

The rate of flats in Kolkata in New Town, especially for 1 BHK apartments, falls in the price range of 21.5 lacs—30.8 lacs, depending upon the carpet area. The flat rate in kolkata of 3 bhk flat in Kolkata in New Town will cost you from Rs.50.33 lacs—Rs. 72.99 lacs depending upon the built-up area. 3, 4 bhk flats in New Town also cost Rs. 1.3 crore with a carpet area of 1,918-1980 sq.ft. with Rs 6777/sqft. Super luxurious 5 bhk flats in New Town cost 1.5 Crore onwards. The price range per sqft is Rs. 382-72,359/sqft, and the price rise trend is 14.6%.

2. Flat rate in kolkata Bansdroni 

The demand for this locality has recently increased owing to its connectivity to the southern employment hubs and the upcoming metro from Airport-New Garia. The prominent demand in the residential segment has made it a residential hot spot in North Kolkata. Prominent demand in this area is for 2, 3 BHK variants. 

The flat rate in kolkata of 2 bhk in Bansdroni ranges from Rs. 19.14 lacs— Rs. 42.74 lacs, whereas the average price per sqft for a 3 bhk flat in Bansdroni ranges from Rs. 2,694—Rs. 7,090. With the proximity of Masterda Surya Sen Metro Station and the emerging development of housing complexes in the area, the rate of flats in Kolkata Bansdroni is anticipated to rise soon, considering that the property prices in the locality have also doubled in the last five years. The price range per sqft in Bansdroni is Rs. 1,500 – Rs. 6,800 / sqft, and the price rise trend is -11%.

3. Flat rate in kolkata Kestopur 

A mouza in the Rajarhat area—Kestopur is also among one of the most sought-after residential localities in Kolkata. The proximity of the area to employment hubs like Salt Lake and New Town makes it a real estate hot spot. Furthermore, the area is connected to Kestopur within a radius of 8 km. With the work of the new bridge over the Kestopur canal, and the expected shorter commute to prominent areas such as New Town and Salt Lake, the market value of the area is expected to improve.

The area also boasts of developed infrastructure, thus picking traction for real estate prospects. 2, 3 bhk flats in Kestopur are the most common room configuration in the locality. The flat rate in kolkata of 2 bhks in Kestopur start from Rs. 16 lacs— Rs. 20 lacs, whereas 3, 4 bhks range between Rs. 36 lacs— Rs. 40 lacs. Price range per sqft in Kestopur is Rs. 300 – Rs. 4,762 / sqft, and the price rise trend is 6.5%.

4. Flat rate in kolkata Baguihati 

Located in Northern Kolkata, Baguihati is covered by the Kolkata Metropolitan Development Authority. Connected to the commercial hubs of New Town, Krishnapur, and Dum Dum, the average price per sqft for flats in Baguiati is Rs. 3,693. 

While flat rate in kolkata of 2 bhk flats in Baguihati range from Rs. 20 lacs— Rs. 28 lacs; 3, 4 bhk flats in Baguihati fall in the range from Rs. 30 lacs- Rs. 40 lacs. Price range per sqft in Baguihati is Rs. 1,107 – Rs. 5,411 / sqft, and the price rise trend is 17.6%.

Flat rate in Kolkata South 

flat rate in kolkata

South Kolkata in general is a prominent real estate hot spot. The market value of the posh flats in kolkata south is determined by various factors, some of which include –good rail, road and metro connectivity, the presence of renowned hospitals, shopping malls such as IPGMER, Quest Mall, South City Mall, and schools and restaurants. Furthermore, the area boasts of excellent overall connectivity to Old Ballygunge, AJC Bose Road and Blue Metro Line, and proximity to commercial areas of Bhawanipur, Park Circus, Park Street, Salt Lake, etc.

1. Flat rate in Kolkata in Alipore 

Flat rate in Kolkata per square feet Rs. 2,500 – Rs.30,000 / sqft. Price trend: 19.2%. No locality in Kolkata captures the essence of South Kolkata like Alipore. Home to the elusive elite for over maultiple generations, Alipore is home to some of the top bureaucrats and industrialists of the country. As a result, property prices of Alipore have always been sky-high; if you’re a home buyer looking for a celebrated bungalow for sale in Kolkata, Alipore is one of the most sought-after pin codes to consider.

2. Flats in New Alipore

New Alipore has seen one of the fastest growth rates in the city, both in terms of scale and speed of construction. Evolving as the newer, younger, and better-planned version of the posh Alipore, New Alipore is home to a wide diaspora of people. New Alipore is joined at the hip to Central Kolkata by the Kolkata Suburban Railway Line and is connected to Central Kolkata and Salt Lake by road and rail.

The general flat rate in Kolkata per sqft. Rs. 3,529 – Rs. 17,660 / sqft. with the price trend at -14%

3. Flat rate in Kolkata in Prince Anwar Shah Road

Prince Anwar Shah Road is a thriving arterial road in South Kolkata that originates from the posh Tollygunge area in South Kolkata and extends until EM Bypass in South-East Kolkata. It’s well-connected to upscale localities such as Jadavpur, Jodhpur Park, Garfa, Haltu and Kalikapur. As far as residential real estate is concerned, this road includes a mix of standalone bungalows as well as multi-floor apartment complexes.

The general flat rate in Kolkata here per sqft. Rs. 2,889 – Rs. 17,941 / sqft. Price trend: -14.9%.

4. Flats in Ballygunge

Ballygunge is a notable upmarket and one of the best preferred residential localities for houses in Kolkata. If you are looking for ‘kolkata bungalow price’, look no further. The area is well-connected to Kalighat Metro Station, taxis, and bus. Furthermore, with top-ranked schools in proximity like Army Public School, Modern High School, and South Point High School, this locality of South Kolkata is most coveted among homebuyers with families and has some of the highest rates of flats in Kolkata.

Given the area’s posh repute, it boasts of premium projects. 3, 4 bhk flats in Ballygunge range from Rs 1.93 crores to Rs 4.2 crore. The rate of flats in Kolkata Ballygunge ranges from Rs 4,700-15,700 per sq ft. A 1 bhk (470 sq ft) costs Rs 25 lakh on an average, whereas a 4 bhk and above (2,800 sq ft) costs Rs 3.42 crore on an average. Price range per sqft in Ballygunge is Rs. 2,286 – Rs.21,094 / sqft, and the price rise trend is -5.6%.

Keep up with the flat rate in Kolkata

Apart from the above-mentioned localities, Mukundapur, Lake Town, Kalikapur, Patuli, Dum Dum, Kasba, EM Bypass, and Salt Lake are also gaining prominence in the residential sector of real estate Kolkata.  With the constant improvements in amenities, infrastructure, etc in the localities, buying a flat and apartment in Kolkata promises healthy returns on rental investments.

FAQs

How has been the YoY Growth of the property rates in Kolkata?

There has been a 5.57 % drop in the property rates in Kolkata in the last 1 year.

What are the best localities for investment in Kolkata?

Joka, New Alipore, New Town, Madhyamgram, EM Bypass are some of the popular localities to buy flats and apartments in Kolkata in 2021 

What are the best localities for luxury investment in Kolkata?

New Alipore, EM Bypass, Salt Lake are the best upcoming localities for luxury investments in Kolkata

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