Siliguri
The real estate market in Shastri Nagar currently presents a stable landscape for residential buyers, with apartment pricing averaging ₹3,750 per sq ft. This value point serves as a key benchmark for those looking to enter the Siliguri property market. Meanwhile, the surrounding region shows varied pricing dynamics, with nearby areas like Jyoti Nagar commanding higher averages of ₹4,500 per sq ft. Rental activity in the broader Siliguri region, specifically along major corridors like Sevoke Road, highlights the growing demand for well-connected spaces.
The average asking price in Shastri Nagar is ₹3,750 per sq ft as of Sep 2026. This rate has remained stable with a 0% change compared to the previous period, indicating a period of price consistency for residential apartments in this locality.
Property rates in Shastri Nagar are currently lower than in the neighbouring Jyoti Nagar, where the average asking price stands at ₹4,500 per sq ft as of Sep 2026. While Shastri Nagar maintains a rate of ₹3,750 per sq ft, Jyoti Nagar's pricing has also remained stable with a 0% change over the observed period, suggesting that both areas are currently experiencing steady market conditions.
Apartments in Shastri Nagar are currently priced at an average of ₹3,750 per sq ft as of Sep 2026, which reflects a depreciation of 8.14% compared to the prior period. This downward adjustment in the average price suggests a market correction or a shift in the inventory mix available for sale in this locality.
The average rental rate in Sevoke Road is ₹100 per sq ft as of Sep 2026. This figure represents a significant appreciation of 113.21% compared to the previous period, reflecting a sharp increase in rental demand or a change in the quality of rental stock available in this specific micromarket.
When evaluating rental options near Shastri Nagar, it is useful to look at established hubs like Sevoke Road, which commands an average rental rate of ₹100 per sq ft as of Sep 2026. The substantial 113.21% appreciation in this rate compared to the prior period highlights a highly dynamic rental market that may be driven by increased commercial activity or improved connectivity in the surrounding region.
