Shastri Nagar presents a focused residential market with an average asking price of ₹3,750 per sq ft. Recent trends indicate a shift in valuation for apartment properties, providing a clear picture for potential buyers evaluating their entry into the local real estate space. Meanwhile, the surrounding Siliguri market shows varied performance, with nearby locations like Sevoke Road and Pradhan Nagar commanding higher rates, suggesting a tiered pricing structure across the city. Rental activity in the broader region is highlighted by consistent demand in established corridors, where average rates reach up to ₹50 per sq ft.
As of June 2026, the average asking price in Shastri Nagar is ₹3,750 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
Property prices in Shastri Nagar, currently at ₹3,750 per sq ft, are generally more accessible than several surrounding areas. For instance, Pradhan Nagar commands a higher average of ₹5,200 per sq ft (up 5.14%), Sevoke Road sits at ₹4,600 per sq ft (up 10.8%), and Jyoti Nagar is priced at ₹4,500 per sq ft (up 9.96%). While areas like Ranidanga offer lower entry points at ₹3,000 per sq ft, which has seen a minor depreciation of 0.59%, Shastri Nagar remains a competitively positioned mid-range option for residential buyers.
Apartments in Shastri Nagar are currently averaging ₹3,750 per sq ft as of June 2026. This segment has experienced a price adjustment of -8.14% compared to previous periods, reflecting a market correction that may provide better value entry points for prospective homebuyers looking to invest in this locality.
While specific rental data for Shastri Nagar is not currently available, the broader market shows stable rental activity in nearby areas like Sevoke Road. As of June 2026, the average rental rate in Sevoke Road is ₹50 per sq ft, which has maintained a 0% change, signaling consistent demand and rental stability for property owners in the region.