Siliguri
The real estate market in Sevoke Road is currently displaying robust growth, with capital values appreciating steadily over the last few quarters. Investors are finding significant value in the area's high rental yield, which is supported by a stable demand for commercial office spaces. The residential sector remains equally active, with apartment prices reflecting the overall upward momentum of the locality. Ongoing development and strategic connectivity continue to drive interest among both homebuyers and commercial tenants.
As of March 2026, the average asking price in Sevoke Road is ₹4,600 per sq ft. This figure represents a notable appreciation of 10.8% compared to the previous period, signaling strong demand and market confidence in this residential locality.
Property prices in Sevoke Road have shown a dynamic trajectory, moving from ₹4,550 per sq ft in June 2025 to ₹4,150 per sq ft in September 2025, before recovering to ₹4,600 per sq ft by December 2025. This fluctuation indicates a resilient market that has successfully rebounded from the mid-year dip, reflecting sustained interest from property buyers.
Property rates in Sevoke Road, at ₹4,600 per sq ft, sit in the mid-to-high range when compared to nearby areas. For instance, Pradhan Nagar commands a higher average of ₹5,200 per sq ft, which has appreciated by 5.14%. Conversely, more affordable options are available in areas like Ranidanga, where rates are ₹3,000 per sq ft, and Champasari, at ₹3,400 per sq ft, which appreciated by 3.92%.
The rental yield in Sevoke Road stands at 13.83%, which is a strong indicator of the area's income-generating potential for property owners. With an average rental rate of ₹53 per sq ft as of March 2026, the yield suggests that the locality is highly attractive for investors seeking consistent rental returns relative to their capital investment.
As of March 2026, office spaces in Sevoke Road are available at an average rental rate of ₹50 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market for commercial tenants and landlords in the area.
Several neighbourhoods near Sevoke Road have experienced robust growth, with Jyoti Nagar leading among them at an average rate of ₹4,500 per sq ft, reflecting an appreciation of 9.96%. Similarly, Hakim Para has seen its rates rise to ₹4,150 per sq ft, marking an appreciation of 9.49% compared to the previous period.
Buyers should use the data on this page to benchmark their investment decisions against current market realities in Sevoke Road. By observing the average asking price of ₹4,600 per sq ft and comparing it with the 10.8% appreciation trend, prospective buyers can gauge whether they are entering the market during a period of growth or stability, helping them negotiate more effectively based on verified local trends.
Apartments are the primary residential property type in Sevoke Road, currently priced at an average of ₹4,600 per sq ft as of March 2026. This segment has seen a significant appreciation of 10.8%, highlighting that apartment-style living remains the most sought-after and value-appreciating asset class in this locality.
Among the areas surrounding Sevoke Road, Ranidanga offers the most accessible entry point with an average rate of ₹3,000 per sq ft. It is important to note that this area saw a slight depreciation of 0.59% compared to the previous period, which may be of interest to value-conscious buyers looking for potential entry opportunities.
