Property Rates in Shastri Nagar, Siliguri

The real estate landscape in Shastri Nagar, Siliguri, currently reflects an average asking price of ₹3,756 per sq ft. Analysis of recent quarterly trends reveals a downward adjustment, with prices for the locality declining from ₹4,089 per sq ft in June 2025 to ₹3,756 per sq ft by September 2025. This shift suggests a potential recalibration in property valuations within the area. When comparing Shastri Nagar to its neighbors, its average asking price positions it as a more accessible option than areas like Hakim Para (₹4,132 per sq ft), Hill Cart Road (₹4,986 per sq ft), or Pradhan Nagar (₹5,200 per sq ft). However, it remains slightly higher than locations such as Champasari (₹3,394 per sq ft) and Devidanga (₹3,511 per sq ft). The market's inventory is predominantly characterized by apartment properties, which have seen an 8.14% reduction in average price, mirroring the broader trend observed in the locality. The absence of reported rental rates or recent transaction data indicates a focus on direct sales in the apartment segment.