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Diamond Park, Kolkata

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Buy: ₹ 5 L - ₹ 24 L
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About Diamond Park, Kolkata

located in the southern part of Kolkata, lies diamond park, a rapidly developing sub-locality in joke. booming in residential realty, the locality offers affordable, yet luxurious housing complexes. 


diamond park is home to many well known educational institutions, and is a breeding ground for career and educational development, making apartments, villas and independent houses an ever growing demand. the well known 4-lane harbour road runs through diamond park, making it a coveted neighborhood for aspiring house owners. 


neighboring localities such as sonarpur and ballygunj, which are well known industrial areas are well-connected to diamond park. other similar neighborhoods include kalua, biswas para, daspara, and babur bagan among others. 


in addition to housing several conveniences and amenities such as schools, clinics, malls, parks, and eateries, other prolific residential projects in diamond park are archind mira apartment, dtc southersn heights, pitri matri bhawan and sun realtor. among the many configurations offered, 2bhk variants are in demand and see a high number of people purchasing them.  


key highlights



  • diamond park is close to iim – kolkata, a reputed management college of india. 
  • it is well-connected to the national highway, making connectivity a breeze. 


whats great?



  • the locality is in proximity to iim-kolkata, in addition to other reputed educational institutions. 
  • many modes of local transport are available, making residential life comfortable.  
  • the locality is surrounded bu metro station and local bus stands. 


whats not great?



  • diamond park does not have many recreational facilities. 


Watch out for?



  • educated and good quality residential crowd due to its geographical distance from iim-kolkata.  
  • numerous hospitals, markets, colleges, schools, malls and banks are scattered around the sub-locality, making the quality of life luxurious. 
  • the 4-lane Diamond Harbour Road gives good connectivity to the rest of the city and passes right through diamond park. 


property rising factor



  • short-term: due to the demand of being educated in reputed universities, the residential as well as commercial sector in diamond park has seen immense growth. career opportunities are also available galore, which have in tern given rise to localities such as diamond park. 
  • long-term: the property prices have seen a steady bump in the last few years and this is expected to go higher as the town develops even more. 


other highlights



  • social infrastructure

the social as well as the retail infrastructure of diamond park is also quite developed. prolific educational institutions such as st. andrews public school       and vivekananda college are as close as 2 km to the neighborhood. reputed hospitals such as swadesh basu and peerless hospital are around 3 km from it.            malls, markets, and metro station are also  close by, making commuting easy.  



  • shopping complex & markets


popular malls in diamond park include:



  • metro plaza shopping mall
  • south city mall



  • health care centers


reputed health care centers in diamond park include:



  • swadesh babu hospital
  • peerless hospital
  • esic new hospital building 
  • kasturi medical center pvt. ltd. 



  • connectivity & public transport


the mahanayak uttamkumar metro station is only 8km away from diamond park, making local and inter-city commute easy. the kolkata railway station is around 27 km away and connects kolkata to several cities in india. netaji subhash chandra bose international airport is only 35 km away while bump-free road connections include metropolitan bypass road and diamond harbour road. 



  • schools, bank & fitness centres


schools

a few popular schools in diamond park are:

  • st. andrews public school
  • vivekananda mission school
  • vivekananda college 
  • iim - management school 


banks


banks and atms in the locality include:



  • yes bank
  • indian overseas bank
  • bank of baroda 



  • popular landmarks near locality


popular landmarks in diamond park include:



  • raja ram mohan roy statue 
  • sri aurobindo statue 
  • rabindranath thakur statue 
  • nivedita park
  • yani sarani 

micro market analysis


capital and rental trends: the real estate prices in diamond park have observed an incline, despite the unprecedented situation at the moment. great road connectivity and lucrative educational and career prospects make the locality a hot spot for residents. now more than 62 properties are up for sale and more buildings are coming up. this is only going to raise the property prices in the locality. 


scope of growth: both, under construction as well as ready-to-move apartments are up for purchase in diamond park. several housing complexes with luxurious amenities are being offered to buyers at reasonable prices, providing a higher quality of life. industrial growth in the area has also helped up the prices, making it suitable for investors as well. 2bhk - 3bhk apartments can range anywhere from rs. 20 lakhs to rs. 60 lakhs.

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