Rise of Residential Real Estate in Tollygunge, South Kolkata

Surrounded strategically by Bansdorni in South, behala in West, kalighat and Lake Gardens in North and Jadhavpur in the Eastern side, Tollygunge is has a strategic location in Kolkata South. The locality offers great connectivity to other parts of the city through Mahanayak Uttam Kumar Metro station which is placed at a distance of 650 meters from the area. This is one of the reasons that this locality is gaining importance as people have a preference to stay near the Metro Stations.

Further, talking about the buying values, Tollygunge offers pocket friendly prices to the buyers. The average capital value in the area ranges from Rs 3,870 to 5,190 per square feet implying that a 2BHK apartment is available in the price bracket of 20-25 lacs and a 3BHK apartment would vary in between Rs. 50 lac and 1.5 crore. The locality offers both villas and apartments to the buyers.

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Here are some of the new developments in the area:

Ideal Greens

Developed by the Ideal group, Ideal greens is a residential development spread over 11.65 acres of land. A project with thoughtfully designed and spacious apartments offers 2BHK, 3BHK and 4BHK apartments equipped with all the modern day amenities. There are a total of 852 apartments spread over 10 towers having 19 floors (G+18) each. The apartments have variant sizes ranging from 1220 square feet to 2160 square feet and have a price bracket of 54 lacs to 95 lacs. The residential project has amenities like club house, play area, swimming pool, gym, open space, gardens, ample space for parking and more. It is developed by a renowned builder that has a name in the Kolkata real estate industry.

Shankhmani Apartments

One of the residential developments by Mani group, Sakhmani apartments are located in Tollygunge, Kolkata South. The project is spread over 1.4 acres of land with 60% open space. The project offers 2BHK and 3BHK apartments that are loaded with all the amenities to meet the needs of the buyers. The project has a total of 111 apartments spread over 3 blocks having 13 floors each (B+G+12). The apartments vary in sizes and the size ranges from 1242 square feet to 2058 square feet. The price on Globalncr for the apartments in Shankmani Apartments is in between 58 lacs to 92 lacs. The project is loaded with amenities like a club house, swimming pool, gymnasium, play area, food court, cafeteria, paved compound and facilities for different sports.

Conclusion

Other than Tollygunge, Kolkata south has other localities like this that are developing in the residential real estate sector. These areas have great connectivity and developing infrastructures that further enhance the real estate sector.