Overview of Alipore, Kolkata

Location and Popularity

Alipore, which is part of Kolkata's southern area, is one of the city's most esteemed and desirable neighborhoods. With its strategic location and proximity to major landmarks, coupled with well-developed infrastructure, it remains popular.

Property Types and Prices

Residential Properties

Apartments and Flats

The price range for per square foot of apartments in Alipore is ₹9,250 to ₹14,829. Specifically:

• In Alipore, apartments start at ₹5,484 per sqft and average at ₹9,778 per sqft.
• In New Alipore, flat prices range from ₹6,100 to ₹12,700 per sqft.

Builder Floors and Independent Houses

Builder floor prices in New Alipore vary from ₹5,500 to ₹11,000 per sqft. Exclusive amenities and larger sizes drive the higher price of independent houses and villas.

Price Trends

Property prices have remarkably appreciated over time. In New Alipore, flat rates have climbed by 16.4% in the past year, 30.3% in the past three years, and 48.0% in the last five years. Though generally rising, quarterly movements show a steady trend with some minor fluctuations. For instance, the average price per sqft in Alipore rose from ₹14,209 in Oct-Dec 2024 to ₹15,129 in Jul-Sept 2024.

Rental Properties

Flats and Apartments

For apartments in Alipore, rental prices differ widely. For instance, a 3 BHK apartment may range from ₹50,000 to ₹1.2 Lac per month.

Builder Floors

Rental prices for builder floors typically range from ₹17,500 to ₹55,000 per month.

Amenities and Infrastructure

Alipore links smoothly with other city areas via major roads and public transport. It also features several upscale complexes, shopping centers, schools, hospitals, and recreational venues.

Proximity to landmarks, such as the Alipore Zoo, the National Library, and the Kolkata District Court, adds to its attractiveness.

Investment Potential

Alipore stands out as a top area for real estate investment due to steady price hikes and high demand. The mix of affordable and luxury properties makes it appealing for both buyers and investors.

PropertyWala's Conclusion

In conclusion, Alipore, Kolkata, is an excellent choice for property purchases or rentals thanks to its respected status, great infrastructure, and solid investment value. Offering varied property types to fit different budgets, it remains high in demand and is consistently rising in value. To make well-informed decisions, it's essential to keep up-to-date with the latest market trends and conditions.