Siliguri
The real estate market in Matigara is witnessing a consistent upward trajectory, with property values rising from ₹3,850 per sq ft in September 2025 to ₹4,000 per sq ft by the end of the year. This growth is mirrored across various property types, as both villas and apartments continue to attract significant interest from buyers looking for value in the Siliguri region. Rental demand remains robust, particularly for larger living spaces, which provides a reliable income stream for property owners in the area. Local infrastructure and connectivity remain key drivers for these sustained price increases.
The average asking price in Matigara is ₹4,000 per sq ft as of June 2026. This figure reflects an appreciation of 4.15% compared to the previous period, signaling steady demand for residential apartments in this locality.
Property prices in Matigara have shown a positive trajectory, moving from ₹3,850 per sq ft in September 2025 to ₹4,000 per sq ft by December 2025. This consistent upward movement indicates a resilient market environment that may be attractive to long-term investors and end-users looking for stable asset growth.
Property prices in Matigara, currently at ₹4,000 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, Pradhan Nagar commands a higher average asking price of ₹5,200 per sq ft (up 5.14%), while Ranidanga offers a more accessible entry point at ₹3,000 per sq ft, which saw a slight depreciation of 0.59% compared to the previous period. Other nearby locations like Sevoke Road are priced at ₹4,600 per sq ft, reflecting a significant appreciation of 10.8%.
As of June 2026, villas in Matigara command a premium with an average price of ₹5,200 per sq ft, having appreciated by 7.42% over the measured period. In contrast, apartments are more affordably priced at an average of ₹4,000 per sq ft, which represents an appreciation of 4.15% over the same timeframe, making them a popular choice for those seeking standard residential configurations.
The typical monthly rent for a 3 BHK apartment in Matigara is ₹23,500 per month as of June 2026. This rental benchmark provides a clear reference for tenants seeking larger living spaces in the area and serves as a vital data point for landlords evaluating the income potential of their residential assets.
The rental market in Sevoke Road is currently positioned at ₹50 per sq ft as of June 2026. Rental rates in this specific area have remained stable with a 0% change, indicating a balanced market where supply and demand have reached an equilibrium, providing predictable rental income for property owners in that vicinity.
Among the areas surrounding Matigara, Sevoke Road has experienced the most notable growth, with prices appreciating by 10.8% to reach ₹4,600 per sq ft as of June 2026. Other areas showing strong momentum include Hakim Para, where prices have appreciated by 9.49% to ₹4,150 per sq ft, and Jyoti Nagar, which saw a 9.96% appreciation to reach ₹4,500 per sq ft.
