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- Appreciate, but where is Rajarhat, Jadavpur, Barackpur, Bagha Jatin, Bypass Area, Nager Bajar, Kamal gachhi, Madhyam gram, Dunlop, Dakhsineswar ...CommentQuote0Flag
- Originally Posted by TiWiHello Kolkata,
You now have at your disposal a comprehensive rate chart of every locality in Kolkata. Yes, IREF Research team has been working on collecting and validating data for every location - per sq.ft. wise. You can now view the maximum rate, the minimum rate and the average price that a property in any location commands. Not just this, we have information on the rentals in every area as well!
Where is the rental info. available?CommentQuote1Flag
- Originally Posted by abhijit007Appreciate, but where is Rajarhat, Jadavpur, Barackpur, Bagha Jatin, Bypass Area, Nager Bajar, Kamal gachhi, Madhyam gram, Dunlop, Dakhsineswar ...
Right now data is available for only above localities, will try to consider your suggestion in next updates.Originally Posted by kolkataboyWhere is the rental info. available?
I will post that very soon.CommentQuote0Flag
- Where is Bangur, VIP, Nagerbazar,,#CommentQuote0Flag
- The lower and higher price range is too big . In some cases Maximum rate of a particular locality is 5 times than the minimum rate . For ex. Topsia, Ultadanga , New Alipore. Ballygunge is 7 times and Tollygunge is 645 times which is a typo of course !!! Really surprising stats, how is it possible !!!CommentQuote0Flag
- The idea of having a benchmark of Indian property market is foolish to start with. Unlike developed countries, India has hardly any city or town which is as per the town planning. There are hardly few towns in India where we have segregation of HIG, MIG, LIG or commercial and residential or high-rise and low rise. For example, Chandigarh, Salt Lake are planned and it is practical to have a price range which is practical. Rest of the area you will find a nice high rise complex next a slum. For example visit Sunrise Green, Sanjeeva Town. So naturally price difference is huge. For example, Godrej Prakriti in Sodpur may command almost double price from a standalone property next door.
In India, location is one important aspect no doubt, for example, Lake town command a slightly higher rate than neighbouring Kestopur. But then Kestopur has an wide micro market depending on locality. For example SK Deb road in Lake Town command much lower rate than Prafulla Kanan area of Kestopur.
In in the same locality, it depends on the exact location, for example in Kestopur itself, a block near to VIP road commands a higher price than some interior building.
Even in the similar location, it depends whether the block is on the road or inside a lane.
In the same road, a block next to a noisy bar or petrol pump may have a lower rate.
Even in the same building, a flat may command substantially higher (more than 20%) price due to maintenance, interior, facing, floor and so on.
So the bottomline is, these online price range is the stupidest idea.... that too based on price quoted in 9 9 acres or magicbricks is absolutely rubbish. In India, actual transaction price is not known and forget about being published.
Having said that, these numbers will give you some idea about the range. Finally you have to visit the area, speak to as many person as possible and then form your price map. After that detailed understanding, you will be able to guess what should be the price of a complex flat in AA1 overlooking the garden and swimming pool with SE facing and a 8 maliker flat in the same lane in ground floor with NW facing in the back side.CommentQuote1Flag
- Friends, any review on below properties,
GPS GROUP Meena Sunrise & Meena Graciya (@Rs.3300/- Per/Sqft , Car parking - Rs.375000/ )
Note, I am new in property search, looking for 3 BHK for investment, want to live after 5 years.
It's a nice effort to put forward the property trends across Kolkata. However,the list looks bit confusing and incorrect.
I am a resident of South Kolkata and I can tell you with utmost level of confidence that one can never find a property at around Rs.3292/sq ft in Ballygunge area as you have mentioned in your data (as lower end of the range). Same is the situation with places like Gariahat (which is again a part of Ballygunge only) , Jodhpur Park,New Alipore ,Lake Gardens etc.
Everyone knows that Ballygunge and Alipore are the costliest areas of Kolkata and rates are anything above 9000 per sq ft at these locations. Also, note that Gariahat is a part of Ballygunge only.
Pls revise the data accordingly.CommentQuote0Flag
- You can get a stand alone apartment (old property , not properly maintained ) near Ballygunge station which can be part of Ballygunge or Gariahat on the lowest mentioned rate . These areas are very crowded and there are slums in that area.CommentQuote0Flag