East Kolkata performs better than South Kolkata in the real estate market
From a sleepy suburban area to a bustling real estate hotspot, East Kolkata has officially surpassed South Kolkata in terms of property prices. The average apartment price in East Kolkata has skyrocketed by 25%, from ₹10,573 per square foot to ₹13,174 per square foot, according to the most recent study. This significant appreciation indicates a shifting preference among buyers towards this once-overlooked region.
Rajarhat, Chinarpark, New Town, and Mahisbathan are leading the charge in East Kolkata’s real estate boom, with a whopping 3,716 units sold. On the other hand, South-West Kolkata areas like Taratala, Behala, Thakurpukur, Joka, Maheshtala, and Amtala recorded only 1,629 unit sales. The sustained rise in East Kolkata’s property prices signals a significant market shift that is reshaping the city’s real estate landscape.
So, what is driving this rapid appreciation in East Kolkata’s property prices? The area’s strategic location, infrastructure development, and growing preference for high-end housing are making it an attractive investment hub for both developers and buyers. With the growing demand for 2BHK, 3BHK apartments and high-end developments, East Kolkata is poised to solidify its status as Kolkata’s newest real estate hotspot.
Don’t miss out on the opportunity to invest in the fast-growing real estate market of East Kolkata. Contact Upvalue Sales Team today and let them help you find the perfect flat that will not only meet your needs but also provide you with a lucrative investment for the future. East Kolkata is on the rise– the time to invest is now!
