Dharmatala, Kolkata

dharmatala, Kolkata, is a famous locality with a pin-code – 700013. the street has been renamed as lenin sarani after vladimir ilych lenin, but the neighbourhood up to wellington square is still referred to as dharmatala. it is one of the busiest commercial areas. 

dharmatala is referred to as one of the buddhist trinity- dharma, and means the holy street.  it extends from chowringhee road to nirmal chandra street. it has bow bazar to its north, jan bazar to its south, taltala to east and maidan to west. in 1882, horse-drawn tramcars were a hit in dharmatala. later came the calcutta tramways company, which electrified the entire system. the kolkata tram is the only tramway in india. dharmatala holds a lot of historical references. 

dharmatala is the busiest bus terminus of west bengal. few kolkata trams start their journey from dharmatala. its a significant traffic hub as around 200000 – 300000 vehicles pass through here during rush hours. it has substantial railways as well as metro stations located in and around the area. the average price is 7326 per square feet. a 2 bhk would come in the range of 60 lacs, and the other half of the property is in a bracket of 3.8 crore – 4 crores. 62 % property is commercial office space. 

key highlights

• calcutta tramways

• well connected by both the road and the metro station.

• houses all types of properties including, independent houses, 

whats great?

• well connected to the city

• all basic amenities are available.

• good with public transport

whats not great?

• road traffic is an issue.

• parking can be a problem

• cleanliness is a worry

Watch out for?

• top multi storey project coming in

• majerhat flyover can avoid the traffic.

property price rising factor

short term

• offer possession in completed projects.

• well-built roads

long term

• excellent metro connectivity

• an abundance of commercial space

other highlights

social infrastructure

innovative internal road network and traffic planning lead to excellent infrastructure for convenience. it offers both inner and outer connections. well planned social infrastructure with easy access to public transport. this area has a high livability index, with high-class shopping, medical facilities and an excellent dine-in experience. 

shopping complex and market

• new market, kolkata. wholesale market

• central mall

• shree ram arcade

• metro central

• reliance trendz

• treasure island ac market

• e-mall

• bollywood fashion

health care centers

• calcutta hospital and nursing home benefits, 2, jawaharlal nehru road, esplanade, dharmatala

• the mission of mercy hospital and research center, no 125,1, Park Street, dharmatala, kolkata

• gd hospital and diabetes institute, 139 a, lenin sarani road.

• rehmatbai hospital, 36, ganesh chandra avenue, dharmatala.

• medical college kolkata

connectivity and public transport

dharmatala is well connected by metro and other public transport. 

it has five metro stations nearby, esplanade metro station, park street metro station, chandni chowk metro station, maidan metro station and central metro station. it provides easy access to travel across the city. even during the darkest hours, one can avail the public transport. it even has a few bus station, and several buses start from dharmatala. esplanade bus terminus, wbtc bus terminus, royal cruiser bus counter are the few central bus station in this area. 

schools, bank and fitness centers

schools in this area

• armenia college and philanthropic academy

• inifd linsday street, fashion design institute

• the calcutta technical school

• national college

• iti for physically challenged boys and girls

• icfai national college

banks in this are

• allahabad bank, 7. jawaharlal nehru road

• uco bank, no. 3 & 4 linsday street, new market area, dharmatala

• bank of india

• icici bank esplanade kolkata

• indian overseas bank

• federal bank

• rbi bank

• united bank of india, 39, lenin sarani road, dharmatala

• central bank of india

nearby atms for all prominent banks

• icici atm

• axis bank atm

• bank of india atm

• canara bank atm

• indusind bank atm

• hdfc bank atm

fitness centers

• gold gym

• the fitness arena

• engineers club

• ship shape

popular landmark near locality

• raj bhawan

• eden garden

• shaheed minar

• victoria memorial

• indian museum

micro market analysis

capital and rental trends

• the average price of properties in dharmatala is rs 7326 per square feet. the price for 2 bhk for sale is rs 60 lacs. 50% of the property lie in the range of 4 lacs – 60 lacs, while the other 50 % is somewhere around 3.8 crore – 4 crores. 62 % of the property is commercial office space. the average rent in the locality is rs 15000.

scope of growth

dharmatala is rated the highest on market and connectivity parameters, giving it a 4.9 out of 5, whereas it gets a good 4.4 out of 5 on the environment, commuting and places by interest. with a lot of commercial areas, it calls for a lot of future growth. but it is not sufficient enough for parking and traffic as it gets a 3.5 out of 5.

investment opportunities

the latest price movement in dharmatala is a good indication for investors. with the increase in apartment price from 4100 to 4400, it is an excellent idea to buy a property for investment purposes. the property value keeps appreciating because of vital social infrastructure and connectivity. it houses so many commercial buildings that it will never see a dull season.