Bombay Road area, Kolkata

Property Types
Warehouses / Godowns
Nearby Localities
NH-6

About

The Bombay Road area in Kolkata, also known as the Mumbai Kolkata Highway, has a rich, dynamic real estate market. Let's break down some key considerations here:

Property Availability and Pricing

In the area, you’ll find a variety of residential properties, including apartments, standalone houses, and villas. Pricing significantly differ depending on the property type, its size, and amenities. For instance, apartments can start from INR 20 Lac for a 2 BHK unfurnished unit and can shoot up to INR 1.10 Cr for a 3 BHK furnished apartment.

The prices for standalone houses range from Rs 30 Lac for a 3 BHK house to Rs 1.60 Cr for a premium 3 BHK model, and even go as high as Rs 1.44 Cr for an opulent 8 BHK house.

Location and Connectivity

The Bombay Road area is ideally positioned for connectivity to the city. It's near landmarks like Howrah Railway Station and Howrah Bridge, and top educational institutions such as Don Bosco Bandel and Auxilium Convent School. The area's closeness to GT Road, Bally Station, and other transport hubs adds to its attractiveness for commuters.

Amenities and Facilities

Residents enjoy various amenities including marble flooring, facilities, and sometimes semi-furnished or fully furnished interiors. Nearby gyms, temples, and other communal amenities enhance the quality of life in this locality.

Rental Yields and Market Trends

Although rental data specific to Bombay Road isn't detailed, Kolkata has noted an increase in rental yields, especially in high demand areas post-pandemic. The city’s average rental yield hovers around 3.8%, suggesting a decent return on investment for property owners.

Investment Potential

With an active property market, the area offers both affordable and luxury options. The mix of property types and pricing makes it a good spot for both users and investors. It is essential to look into broader market trends and specific locations within the area for wise investment or living plans.

PropertyWala's Verdict

When considering buying or renting in the Bombay Road area of Kolkata, this location offers a balanced mix of affordability, connectivity, and amenities. It caters to a range of budgets and needs, suiting families, individuals, and investors alike. While the market shows promise, it’s wise to conduct in-depth research on the exact spot, property condition, and local trends for the best investment or living experience.

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Also known as: bombay rd, Bombay road jalan complex, Bmbay Road, Bombay highway
Locality ID
A212195211