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In the world of residential construction in Kolkata, the total cost depends on various factors including labor, materials, price of the land but the primary crux is for the per square feet construction cost in Kolkata. In this article, we take a look at different construction costs in different parts of Kolkata.
Per square feet construction cost in kolkata : Based on Regions
Here is a breakdown of square feet construction cost in Kolkata in the four main regions:
Central Kolkata
Kolkata Central has prime residential localities such as Park Street, Entally, and Selah. Per square feet construction cost in kolkata for residential apartments in Central Kolkata are available at a price range of Rs.6000/sq.ft to Rs.8000/sq.ft.
West Kolkata
Flats in Kolkata West come at a nominal price rate between Rs.2000/sq.ft to Rs. 3000/sq.ft.
East Kolkata
Flats in Kolkata East cover a large area and are available in the price range between Rs.3000/sq.ft to Rs.7000/sq.ft. Substantial demand is witnessed for flats in Action Area 2 available at a price range between Rs.32,500 to Rs. 35,600 per sq.yd.
North Kolkata
With proximity to prime residential areas such as Beliaghata, Ultadanga, Salt Lake, etc, per square feet construction cost in Kolkata North is in higher demand. Apartments in Kolkata North also enjoy improved infrastructure and amenities. Flats in Bangur and flats near the airport are available at Rs.3500/sq.ft, whereas flats in Salt Lake and other popular areas are on a higher scale of up to Rs. 7800/sq.ft.
The rate of flats in Kolkata in some of the most sought-after locations in North Kolkata are—
- BT Road: Price per square feet Rs. 2,807 – Rs. 4,305 / sqft.
- Dum Dum: Price per square feet Rs. 1,600 – Rs. 9,873 / sqft.
- Lake Town: Price per square feet 2,774 – 10,898 / sqft.
- Bangur Avenue: Price per square feet 3,300 – 7,318 / sqft.
South Kolkata
Regarded as one of the most luxurious residential areas of the city, South Kolkata boasts a premium status in residential real estate. Owing to the high-end status, flats in Kolkata south are available between Rs.8798/sq.ft to Rs.11475/sq.ft.
Land price Kolkata in some of the most sought-after locations in South Kolkata are—
- Alipore: Price per square feet Rs. 2,500 – Rs.30,000 / sqft.
- New Alipore: Price per sqft. Rs. 3,529 – Rs. 17,660 / sqft.
- Prince Anwar Shah Road: Price per sqft. Rs. 2,889 – Rs. 17,941 / sqft.
Per square feet construction cost in kolkata in Hotspot residential areas in Kolkata
As a new homebuyer, it is obvious to be curious about per square feet construction cost in kolkata. Let’s explore some of the hot spot areas in Kolkata real estate and their highlights.
Newtown-Rajarhat
Flats in Newtown are in high demand owing to the following highlights—
- Well-planned residential property with proximity to commercial complexes and IT parks.
- Close to employment hubs, like DLF IT Park 1 & 2, TCS – Gitanjali Park and Candor Techspace.
- Major advantage to families with renowned schools, hospitals, shopping malls and other recreational places in close proximity.
- Entertainment malls such as Axis Mall, DLF Galleria, Central Mall and Aquatica Water Park and other fun zones in the region.
- Good connectivity to the rest of Kolkata by Biswa Bangla Sarani Road, VIP Road and Kolkata Metro Rail Network.
Per square feet construction cost in kolkata for prime areas around Newtown-Rajarhat
- Action Area 1: Rs.4100-Rs.6000/sqft
- Action Area 3: Rs. 3900-Rs.5700/sqft
- Bagulati: Rs.2600-4000/sqft
- Keshtopur: Rs.2800-4200/sqft
- NewTown: Rs. 4000-6200/sqft
- Rajarhat: Rs. 3700-5900/sqft
- Rajarhat Main Rd: Rs. 3500-5600/sqft
Understand the growing trends in Kolkata
The prices of residential construction in Kolkata are the main factor that influences top construction companies and their businesses. Thus they are well aware of budget distribution so as to make sure that they provide affordable flats and apartments in Kolkata to their home buyers.
FAQs
Land in the deepest of the interiors of Indian States like Telangana, Andhra Pradesh, U.P, M.P, Rajasthan, Assam is comparatively cheaper where only a single strip of road can be found.
One standard acre is equal to 43,560 square feet. It can be in any shape i.e. square or rectangle. One standard acre is equal to 4,840 square yards, which is equal to 4,047 square meters, also equal to 43,560 square feet, which is equal to 0.405 hectares, equal to one acre, also equal to 0.0015625 square miles.
The cost of land is comparatively less to residential apartments, hence making it a cheaper sort of investment and good capital investment for homebuyers with a lower budget. Land or plots have always shown higher returns in India.
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