Siliguri
The real estate market in Shastri Nagar is currently defined by an average price of ₹3,750 per sq ft, reflecting a stable residential landscape. Investors and homebuyers are evaluating this area against neighbouring hubs, which show a diverse range of valuations and growth patterns. Rental demand in the wider region is supported by consistent rates, particularly in primary corridors like Sevoke Road. The area maintains its appeal through a combination of accessible entry pricing and its strategic location within Siliguri.
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 consistency in this residential locality.
Property prices in Shastri Nagar, currently at ₹3,750 per sq ft, are generally more affordable than several surrounding areas. For instance, Pradhan Nagar commands a higher average of ₹5,200 per sq ft (which appreciated by 5.14% over the observed period), and Sevoke Road stands at ₹4,600 per sq ft (having appreciated by 10.8%). Other nearby areas like Hakim Para at ₹4,150 per sq ft and Jyoti Nagar at ₹4,500 per sq ft also show higher price points, while more budget-friendly options can be found in Ranidanga at ₹3,000 per sq ft, which saw a minor depreciation of 0.59%.
As of June 2026, apartments in Shastri Nagar are priced at an average of ₹3,750 per sq ft. This segment has experienced a depreciation of 8.14% compared to the previous period, reflecting a market adjustment that may offer a more competitive entry point for prospective homebuyers looking for residential apartments in this specific locality.
Properties on Sevoke Road, located in the vicinity of Shastri Nagar, currently command an average rental rate of ₹50 per sq ft as of June 2026. This rental rate has remained stable with a 0% change, suggesting a consistent demand-supply balance for rental properties in this part of Siliguri.
The 0% change in the average asking price in Shastri Nagar as of June 2026 suggests a period of market consolidation. For investors, this stability can be viewed as a low-volatility environment where capital values are currently holding steady at ₹3,750 per sq ft, providing a predictable baseline before any future market movements occur.
