Trends in Flat Valuation in Kolkata in 2022: Locality Wise Prices

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For new home buyers understanding the various trends in real estate in Kolkata can be very difficult. Keeping up with per square feet construction cost, looking out for the best construction company, and understanding flat valuation in Kolkata are some of the few things that new home buyers need to know.

Flat valuation in Kolkata : Region-wise trends

Here are prices of flats in Kolkata according to the main regions that are ideal for homes in Kolkata. 

• Flat valuation in Kolkata Central falls in the range of 6000 – 8000 INR/ sq.ft.
• The Flat valuation in Kolkata West falls in the range of 2000 – 3000 INR/sq.ft
• Flat valuation in Kolkata East falls in the range of 3000 – 7000 INR/ sq.ft
• Flat valuation in Kolkata North falls in the range of 3500 – 7800 INR/sq.ft

Trends of Flat Valuation in Kolkata: Price Trend according to locations 

The City of joy is best known as one of the fastest-growing cities in India and there is a high concentration of residential projects, making Kolkata one of the largest real estate markets in Eastern India and ranking above the major property markets such as Gurgaon, Noida, and Mumbai in terms of growth in the last 10 years. Homebuyers have a variety of options to choose from especially among reputed projects developed by real estate developers like PS Group which offers futuristic homes with modern amenities in prime locations in Kolkata. 

Locality	Avg Price/Sq.ft	Price Range/Sq.ft
Beliaghata	4567	2054 – 9373
Alipore/New Alipore	9976	1935 – 23,333
Salt Lake City	5647	492 – 42,751
New Town	4949	1111 – 23,148
Joka	3569	750 – 40,909
Ballygunge	10,298	2333 – 26,562

1. Flat valuation in Kolkata at Phoolbagan and Beliaghata 

With people getting busier than before, easy access and connectivity have become top priorities for homebuyers. As EM Bypass is in the vicinity, Phoolbagan and Beleghata in North Kolkata have gained traction in the real estate business. With upcoming IT hubs and high-end market value for real estate in Kolkata, the city is especially becoming popular among NRIs and IT professionals. The localities have a metropolitan touch along with a fair share of local Bengalis.   

4 bhk houses in the area will cost you between 1.85 to 1.9 Cr. Ensconced in a natural reserve, the Jiva housing project by PS Group offers luxury living in Phoolbagan and Beleghata. 4 bhk flats at Jiva cover a carpet area of 1490 sq. ft along with a balcony area of  95 sq. ft. Furthermore, Jiva is the perfect option if you are looking for green homes. It offers plenty of options for rain harvesting, groundwater recharge, and recirculation of condensed water from air conditioners which is further treated through STP for reuse. As per 4bhk flat valuation in Kolkata in Jiva cost above 2 Cr. 

Close to EM Bypass, is Anassa— a luxurious residential project by PS Group for a 5 bhk or 4 bhk home. The architecture is French-inspired with large windows, and spacious bedrooms and kitchen area. A 4 bhk home in Anassa is available in six variations— ranging from 2084 sq.ft to 2566 sq.ft. On average, a 4BHK house covers a carpet area of 1971 sq. ft and 151 sq.ft balconies and costs above 3.07Cr.

2. Alipore flat valuation

If you have a high budget, flats in Alipore are among the best preferred upmarket residential areas among comparable properties in Kolkata. With coveted attractions of Diamond Harbour Road in the west and Basanta Lal Saha Road in the east, New Alipore offers the best options for schools and the New Alipore Children Park is one of the best in the city. Furthermore, the area also has a fair number of hospitals.

4 bhk houses in Alipore range between 2.27 – 2.50 Cr. PS Group offers Vyom— a high-end residential project with luxurious duplexes flanked with triple-height balconies, garden homes on vast green spaces in New Alipore. Furthermore, Vyom has semi-furnished air-conditioned homes amidst aesthetically planned green cover. A 3 bhk house in Vyom has 1700 sq.ft to 1831 sq.ft carpet area and cost above 1.7 Cr. while a 4 bhk flat in New Alipore at Vyom will set you back by 2.13 crore.

3. Flat valuation in Kolkata at New Town

Premium and luxurious 2 bhk flats at New Town Kolkata or on Rajarhat that enclose about 800 sq.ft space with the flat start quoting at 70 lakhs while premium 3 bhk and 4 bhk flats in New Town Kolkata or Rajarhat ranging 900sq.ft to 1500sq.ft can cost upwards of 1.3 to 1.5Cr. On the other hand, if you’re looking for a budgeted option without many amenities and luxury, you will still be able to find properties upwards of 65L. New Town is an upcoming residential real estate destination in Kolkata that offers something for everyone.

4. Loudon Street 

In proximity to posh Park Street— Loudon Street sprawls in the heart of Kolkata. Several luxurious bungalows, mansions, and independent houses with 4,000 – 35,000 sq.ft nestle in this luxurious area of Central Kolkata. Furthermore, with good connectivity to road and rail, Loudon Street is in demand among the area of 1777 sq.ft and a 151 sq.ft of balcony area and costs above 3.73 cr.

5. Flat valuation in Kolkata at Ballygunge

With Park Circus, and Lake Gardens in the vicinity, Ballygunge is especially popular among HNI and metropolitan residents. Army Public School and bungalows safely ensconced behind high compound walls, Ballygunge is sought-after by affluent families of Kolkata. Flat valuation in Kolkata of 4 bhk homes in the area ranges between 6.5 cr – 7.5Cr.

6. Salt Lake City 

Arguably,  Bidhannagar or Salt Lake City as it is popularly known is a bustling IT hub with the best public infrastructure and planning in all of Kolkata. Home to some of the biggest multinational corporations in India, Salt Lake City attracts hordes of professionals who look for alluring housing options in the vicinity. A 3BHK flat in Salt Lake city at Panache costs upwards of 90 lakhs.

Flat valuation in Kolkata and its ever-changing trends

The forever-changing trends of flat valuation in Kolkata make it necessary for homebuyers to keep up with the prices. Knowing what regions have the flat prices appropriate for them is perfect for finding the right home for you.

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