Bally, Kolkata
About
Bally, located in the Howrah district of West Bengal, stands out as a great area for buying and renting properties. Here's what you need to take into account:
Connectivity and Transport
Bally connects well to other places in Howrah and Kolkata. With numerous railway stations nearby, like Bally Railway Station, Bally Ghat, and Bally Halt, it’s part of the Sealdah – Dankuni line. Netaji Subhas Chandra Bose International Airport is not too far either. A strong bus network further eases travel across Kolkata.
Affordability
Property costs in Bally are quite reasonable compared to other spots in Kolkata. You might find a 1BHK apartment for roughly ₹ 10 lakhs, and a 2BHK apartment for about ₹ 21 lakhs. Plus, living is cheaper, making it a nice place to live.
Property Prices
Now, Bally has flat rates from ₹ 2,750 to ₹ 3,750 per square foot, and builder floor rates from ₹ 2,900 to ₹ 3,600 per square foot. These rates show a steady and affordable market.
Neighborhood and Environment
Living in Bally feels clean and safe. Wrapped around by the Hooghly River, the place looks beautiful. There’s hardly any chaos, keeping it a calm and nice locality.
Amenities and Facilities
The spot comes loaded with schools, colleges, and healthcare facilities. Some examples are Patha Bhavan, Nischinda Balika Vidyapith, Surendralal Das College, and the Belur State General Hospital, which boost quality life for the residents.
Potential Investment Areas
Ghoshpara and B.T. Ganguly Lane are two best residential zones. Close to important places like Delhi Road, Bally Halt Station, and Dakshineswar Metro station, they’re good investments.
Legal and Financial Considerations
Before making an investment, make sure to verify the RERA (Real Estate Regulatory Authority) status of the property to double-check its authenticity. Stamp duty charges in Bally hover around 4% to 5%, depending on property price. The registration fees sit at 1% of market value.
Rental Options
If renting, you have many semi-furnished options for 2 and 3 BHK flats and standalone floors in gated communities. For example, a 2 BHK standalone floor might cost about ₹10,000 per month.
PropertyWala's Conclusion
To wrap it up, Bally, Howrah offers excellent real estate investment due to its good connectivity, affordable prices, clean and serene environment, and essential facilities. Whether buying or renting, Bally keeps up quality living while also promising good returns. With ongoing development and lower stamp duty incentives, this area for residential real estate has great prospects. Hence, it’s worth checking out if you want good value living in the Kolkata area.
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- Locality ID
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- PinCode
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