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Property in Kolkata

  The real estate market in Kolkata is growing beyond the boundaries of the city to include areas lying at its periphery. The outskirt of the city offers ample space and improved accessibility to provide an ideal location for renewed construction activities and development work. Kolkata is one of the most densely populated cities in India and the city has always been in the dilemma of burgeoning population and depleting resources, predominantly space for housing development. The initiatives taken by renowned builders of the country to employ modern engineering methods in order to build houses that require less space and provide better amenities, are proving a boon for thousands of homeless citizens in the city. There are now all types of apartments as well as independent houses available for sale and also for rent everywhere within the city as well as at its fringe. However the capital and rental value of a residential property in Kolkata is much dependent on its location in the city. A wide variation in the values of properties lying at different parts of the city is found, which is a significant characteristics of the real estate industry and also an advantage for different kinds of home buyers. We offer you an insight of the local property market by providing you the current prices of properties lying at different parts of Kolkata.

Property Prices in Kolkata

Location Independent Houses (Rs per sq. yd.) Apartments (Rs per sq. ft.) Rentals(Rs per sq. ft./month)
Central 38000-70000 4500-90000 17-35
North 6500-25000 1900-3200 11-25
South 4000-65000 1200-7000 10-30
East 6500-20000 3000-4000 20-25
Others 5000-64000 1200-7600 8-34

(Source: India Housing Surveyor Team)