Siliguri
The real estate landscape along Sevoke Road is characterized by consistent price appreciation and a robust mix of residential and commercial demand. Investors and homeowners are increasingly drawn to this corridor, which has seen property values rise from ₹4,150 per sq ft in September 2025 to ₹4,600 per sq ft by December 2025. This momentum is further bolstered by a stable commercial rental market that provides reliable yields for business owners and office space seekers. As development continues to mature, the area maintains its status as a primary hub within Siliguri.
As of Jun 2026, the average asking price in Sevoke Road stands at ₹4,600 per sq ft. This figure reflects a significant appreciation of 10.8% when compared to the price levels observed in Sep 2025, indicating a strong upward trajectory in property value within this locality.
The property price trend in Sevoke Road has shown a clear upward movement over the last few quarters. Data indicates that the average asking price rose from ₹4,150 per sq ft in Sep 2025 to ₹4,600 per sq ft by Dec 2025, representing a steady growth phase that suggests sustained demand for residential apartments in the area.
Property rates in Sevoke Road, at ₹4,600 per sq ft, are positioned higher than many surrounding areas, reflecting its premium status. For comparison, neighbourhoods like Pradhan Nagar command a higher rate of ₹5,200 per sq ft (which appreciated by 5.14%), while more affordable options include Jyoti Nagar at ₹4,500 per sq ft (up 9.96%), Salugara at ₹4,300 per sq ft (up 0.87%), and Ranidanga, which saw a slight depreciation of 0.59% to reach ₹3,000 per sq ft as of Jun 2026.
As of Jun 2026, the average rental rate for office spaces in Sevoke Road is ₹50 per sq ft. This rental rate has remained stable with a change percentage of 0% over the observed period, indicating a consistent rental market for commercial properties in this locality.
Investors should view the 10.8% appreciation in the average asking price of apartments in Sevoke Road from Sep 2025 to Jun 2026 as a sign of market resilience and growing buyer interest. When evaluating potential returns, it is important to balance this capital appreciation against the current rental landscape, where office spaces are currently leasing at ₹50 per sq ft, to determine the overall investment viability for your portfolio.
Yes, several neighbourhoods near Sevoke Road offer lower entry points for property buyers. As of Jun 2026, areas such as Champasari at ₹3,400 per sq ft (up 3.92%), Devidanga at ₹3,500 per sq ft (up 4.21%), and Ranidanga at ₹3,000 per sq ft (depreciated by 0.59%) provide more budget-friendly alternatives compared to the ₹4,600 per sq ft average seen in Sevoke Road.
