Siliguri
Shastri Nagar functions as a stable residential hub within the broader Siliguri property market, currently averaging ₹3,750 per sq ft. The local real estate scene remains focused on apartment living, where pricing has adjusted by -8.14% recently, offering a strategic entry point for buyers. Rental activity in the wider region is anchored by key locations like Sevoke Road, which commands an average rental rate of ₹50 per sq ft. This dynamic indicates a market that balances affordability with steady demand, particularly for those prioritizing residential stability.
As of June 2026, the average asking price in Shastri Nagar is ₹3,750 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consistency in this residential locality.
Property prices in Shastri Nagar, at ₹3,750 per sq ft, are generally more accessible than in premium hubs like Pradhan Nagar, where the average asking price is ₹5,200 per sq ft (which has appreciated by 5.14%), or Sevoke Road, which stands at ₹4,600 per sq ft (having appreciated by 10.8% over the analyzed period). Other nearby areas like Champasari and Devidanga offer lower entry points at ₹3,400 per sq ft and ₹3,500 per sq ft respectively, while areas like Hakim Para and Dagapur command higher rates of ₹4,150 per sq ft.
As of June 2026, the average price for apartments in Shastri Nagar is ₹3,750 per sq ft. This segment has experienced a depreciation of 8.14% compared to the previous period, suggesting a market correction or a shift in the inventory mix currently available for sale in the locality.
While specific rental data for Shastri Nagar is limited, the nearby Sevoke Road area currently commands an average rental rate of ₹50 per sq ft as of June 2026. This rental rate has remained stable with a 0% change, reflecting consistent demand for rental properties in the broader Siliguri market.
The 0% change in the average asking price of ₹3,750 per sq ft as of June 2026 indicates that Shastri Nagar is currently in a phase of price consolidation. For buyers, this stability provides a predictable environment for decision-making, as the market is neither experiencing rapid inflation nor significant decline, making it a potentially suitable location for those seeking long-term residential stability.
Among the surrounding localities, Sevoke Road has demonstrated strong growth, with an appreciation of 10.8% bringing its average rate to ₹4,600 per sq ft as of June 2026. Jyoti Nagar also shows robust performance with a 9.96% appreciation to ₹4,500 per sq ft, while Hakim Para has seen a 9.49% increase to reach ₹4,150 per sq ft, indicating high demand and investor confidence in these specific pockets of Siliguri.
Yes, Ranidanga has experienced a slight depreciation of 0.59% as of June 2026, with the average asking price currently at ₹3,000 per sq ft. This minor downward adjustment reflects a localized market trend, providing a different entry price point compared to the more stable or appreciating neighborhoods in the Siliguri region.
