South Extension becomes new hotspot in Kolkata real estate market

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The South Extension zone in Kolkata is steadily becoming a hotspot for real estate with several projects coming up here and rapid infrastructural development. South Extension offers good social amenities including reputed educational institutions, leading hospitals and several shopping complexes. There is good connectivity to several business zones in the city as well. The development of the Bypass connector has been another major development that has sparked the real estate boom in this stretch along with seamless metro connectivity.

This zone is located just 25 kilometres away from the Netaji Subhas Chandra Bose International Airport while the railway station is 15 kilometres away. The National Highway 12 is a major connectivity lifeline as well. Property prices usually range between Rs. 2910-6010 per sq. ft. in this belt encompassing areas like Bansdroni, Naktala, New Garia, Garia and Patuli. There are several 1, 2, 3 and 4 BHK apartments available in the entire South Extension zone. Properties are usually priced between Rs. 20-80 lakhs on an average, depending on the configuration preferred by the buyer.

The South Extension micro-market offers easy access to several major commercial zones in Kolkata along with restaurants, shopping malls, colleges and schools. The railway and metro networks ensure good connectivity along with the EM Bypass. Several premium projects and residential complexes have come up along this stretch and these are available at competitive prices, making them more attractive to buyers. The Southern Extension realty boom has also extended to the fringes like Baruipur, Sonarpur, Narendrapur and Kamalgazi among other areas. Going forward, rapid physical and social infrastructure development along this zone will lead to huge growth in terms of residential housing. Demand for competitively priced and well positioned properties is already high in this entire stretch.

 

 

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