Raja Bazar, Kolkata

rajabazar is a bustling residential hub in the metropolitan city of Kolkata, west bengal, india. rajabazar kolkata is situated between apc road and cit road in North Kolkata. the site has grown in the vicinity of narkeldanga main road, it acts as a link between cit road and apc road. the sealdah railway station is close to the rajabazar crossing. all amenities like hospitals, colleges, schools, malls, gyms, shopping malls, mosques, and temples are located in the vicinity of rajabazar. 

the market was established in 182 a.d. on land owned by raja ramlochun roy, a zamindar, by muslim traders, merchants, and cattle traders from bihar and uttar pradesh. they migrated to calcutta due to the poor economic condition of the muslims. in bihar and uttar pradesh, however, after the sepoy revolt, urdu-speaking muslims settled in this region from 1880 onwards.

two projects are currently ready for launch. the average price of this locality is rs. 6500.0 per sqft. 3 bhks are available within a price range of rs. 60 lacs to 1.48 crore in rajabazar. the rental price of 3bhks lies within rs. 20,000 to rs. 45,000. some areas near rajabazar are bow-bazar, narkeldanga and sealdha. the road quality shown by the average users average 5.0 rating is outstanding. some of the reputed real estate builders in the locality are aspire constructions and realtors, prakash builders pvt. ltd., ideal real estate etc. the most widely available properties of the area are 2- 4bhk room configurations that comprise 30% of the saleable properties.

key highlights

• it is well-connected to the different parts of kolkata by roads such as apc road and cit roads.

• there are nine mosques in rajabazar. the market is known for its jewelry bangles, kites, sweets and meat shops. 

• rajabazar area, is a significant goat trading centre in west bengal, known as bakrichar.

whats great?

• all the big banks like central bank, indian foreign bank, indian bank, and uco bank are nearby. 

• reputed hospitals such as dr b.c. roy childrens hospital is within 2 km.

whats not great?

• road traffic can be a problem. 

• air pollution can be a problem.

Watch out for?

• offer of possession of 3bhk flats in ajmir apartment with all the modern amenities such as solar panel, 24 hours security, all security measures etc.

• offer of possession of 2bhk and 3bhk duplex flats in the luxurious residential project of ideal heights with individual terrace gardens.

property price rising factor

short term

• good connectivity via road

• excellent public transportation

• sealdah railway station is nearby

long term

• metro connectivity is excellent in this area. 

• good roi

other highlights

social infrastructure

• the region of this place supports a distinct network of roads and metro rail. readily available with all the shopping malls, sumptuous delicacies, and world-class treatment facilities as well as several corporate sectors.

shopping complex & markets

• metropolis mall

• metro plaza

• merlin homeland mall

• new zarda

health care centers

• kolkata medical complex hospital: narkeldanga main road

• esi hospital sealdah: apc road

• group hospital: linton street

connectivity & public transport

sir gurudas banerjee halt railway station and sealdah railway station are the nearby railway stations to rajabazar locality in kolkata.

buses ply from rajabazar to different places in kolkata. dr.m.n. chatterjee sarani bus station, raja bazar bus station and a.p.c. road bus station are close by local bus stations in rajabazar locality. the nearest metro station to raja bazar kolkata is the central metro station, chandni chowk metro station, Mahatma Gandhi Road metro station. 

schools, bank & fitness centers

schools in this area:

• raja bazar boys & girls school: m.n. chatterjee sarani

• azad national day & night school: harshee street

• taki house govt. multipurpose school for boys: acharya prafulla chandra road

• govt. wood burn school: harsi street

banks in the area:

• icici bank: convent rd

• axis bank: acharya prafulla chandra rd

• allahabad bank: entally branch

• central bank of india:  drm office

nearby atms for all prominent banks

• icici bank atm

• axis bank atm 

• allahabad bank atm 

• sbi atm 

fitness centers:

• gymxtreme fitness studio: mauli ali

• body basic gym: yogi para

popular landmarks near locality

• david hare holy place: college square

• rani birla bhavan: bidhan sarani

• sealdah station clock tower: sealdah

micro market analysis

capital and rental trends

• the locality has witnessed a 4.55% rise in property prices in the last year.

• for rental trends, the rent of 3bhks is between rs. 20k to rs. 45k, while the rents of 4-bhk flats are rs. 30k to rs. 50k. 

• the average price/sq. ft. of property id rs. 8,414 and the price of properties lie within the range of rs. 2,545 to rs.19,531/per sq. ft. a 3-bhk flat is priced between rs. 60 lacs to 1.47 cr. 

scope of growth

• raja bazar is a well-developed locality in kolkata with all modern amenities such as esteemed schools, hospitals, gyms, restaurants, banks, markets, shopping malls and good public transportation and network of roads.  

investment opportunities

• price trend analysis shows buying and selling of properties in the locality proves to be profitable. buying 3bhk flat would a good investment decision.