Siliguri
The Sevoke Road real estate market has experienced a notable surge in valuation over the final quarter of 2025. Strong demand for residential apartments has driven prices upward, while the office rental sector continues to provide consistent value for commercial investors. As connectivity and infrastructure in Siliguri improve, the locality remains a preferred choice for those seeking both lifestyle upgrades and reliable commercial returns. Current trends suggest that the market is entering a phase of sustained growth, with developers and buyers showing increased confidence in the region's long-term potential.
As of June 2026, the average asking price in Sevoke Road is ₹4,600 per sq ft. This figure represents an appreciation of 10.8% compared to the previous period, reflecting a robust demand for residential apartments in this locality.
Property prices in Sevoke Road have shown a positive upward trajectory, increasing from ₹4,150 per sq ft in September 2025 to ₹4,600 per sq ft by December 2025. This consistent growth indicates strong market confidence and sustained buyer interest in the area.
Property rates in Sevoke Road, currently at ₹4,600 per sq ft, sit in the mid-to-high range when compared to surrounding areas in Siliguri. 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 localities like Ranidanga at ₹3,000 per sq ft, which saw a slight depreciation of 0.59%, and Champasari at ₹3,400 per sq ft, which appreciated by 3.92%.
Apartments are the primary residential property type in Sevoke Road, with an average asking price of ₹4,600 per sq ft as of June 2026. This segment has experienced a notable appreciation of 10.8%, highlighting that investors and homebuyers are increasingly prioritizing apartment living in this locality.
As of June 2026, the average rental rate for office spaces in Sevoke Road is ₹50 per sq ft. This rate has remained stable with a 0% change, suggesting a balanced market for commercial tenants and landlords in the area.
Investors looking at commercial assets in Sevoke Road should note that the average rental rate for office spaces stands at ₹50 per sq ft as of June 2026. The stability in these rates, showing no change over the recent period, indicates a consistent demand-supply equilibrium, which can be beneficial for long-term lease planning and steady rental income expectations.
Among the localities near Sevoke Road, Jyoti Nagar has shown significant growth with an average rate of ₹4,500 per sq ft, reflecting an appreciation of 9.96%. Hakim Para follows closely with an average rate of ₹4,150 per sq ft, having appreciated by 9.49% as of June 2026. These trends suggest that these specific neighbourhoods are becoming increasingly attractive to buyers compared to more stable or slower-growing areas.
