The Contrarian Investment Case
While India's housing market is set for a strong 6.5% price increase in 2025, Howrah offers a compelling contrarian chance. The city's residential sector has seen a 2.31% year-over-year drop, opening strategic entry points for smart investors.
Prime Undervalued Neighbourhoods
Mourigram: The Budget Leader
Currently priced at ₹2,921 per sq ft, Mourigram provides the best entry point. With prices ranging from ₹2,436 to ₹4,644 per sq ft, this micro-market offers great value for first-time buyers.
Andul: Infrastructure Opportunity
At ₹3,078 per sq ft, Andul sits at a perfect balance between affordability and growth potential. The neighbourhood's wide price range (₹2,083-₹11,729) shows diverse property options and potential for appreciation.
Bally: Established Value
With an average price of ₹3,428 per sq ft, Bally balances Howrah's declining trend and future infrastructure benefits. The area enjoys steady demand from middle-class families.
Timing Your Investment
The current market correction aligns with planned metro connectivity and highway upgrades. This presents a good opportunity for investing at lower prices, attracting investors for long-term growth.
Market Dynamics Favour Buyers
Unlike premium metros facing affordability issues, Howrah's residential market serves middle-class demographics. This creates sustainable demand fundamentals despite temporary price corrections.
The contrast between thriving commercial real estate and falling residential prices indicates market rebalancing rather than fundamental weakness.