Overview of E M Bypass, Kolkata

Location and Connectivity

• The Eastern Metropolitan Bypass (EM Bypass) is a 21 km artery road connecting Bidhannagar in the northeast to Kamalgazi in the southern part of Kolkata.
• It connects major districts like Salt Lake, Maniktala, Park Circus, Gariahat, Sealdah Railway Station, Jodhpur Park, Selimpur, Lake Gardens, Jadavpur, and Garia.
• You can easily reach Netaji Subhash Chandra Bose International Airport, which is less than 20 km away.
• Sealdah railway station, located less than 10 km away, is nearby.

Infrastructure and Development

• The expansion of EM Bypass from 4-lane to 8-lane has made commutes to commercial and IT hubs smoother.
• The 4.5 km Ma Flyover (Parama Island Flyover) gives easy access to Howrah.
• The Garia-Airport metro corridor is set to cut down travel time to the airport significantly.
• The metro route between Garia and the airport via EM Bypass, Salt Lake, and Rajarhat is under construction.

Real Estate Market

• Property Prices:
  • Starting prices range around Rs. 1,445 per sqft, while the average price is Rs. 6,253 per sqft.
  • Prices vary widely from Rs. 2,000 to Rs. 29,095 per sqft.
• Supply and Demand:
  • EM Bypass has added around 4,900 residential units over the past five years, especially in 2013.
  • As per the latest data, there are around 862 properties listed for sale.
• Price Trends:
  • The market has seen a 13.94% fall in property rates in the past year, signaling a slight cooling trend.

Residential and Commercial Options

• Residential:
  • A variety of luxurious and budget-friendly properties. Places like Bengal Ambuja Upohar, Bengal Peerless Avidipta, and Ambuja Utalika offer apartment options.
  • Rental prices vary from Rs. 8,500 to ₹18,000 per month depending on the size, ranging from 1 BHK to 6+ BHK.
• Commercial:
  • Office spaces and showrooms are available, with rent prices ranging from ₹75,000 to Rs. 1.2 lakh per month.

Amenities and Social Infrastructure

• Excellent with social facilities such as retail malls, shopping complexes, high-end hotels, restaurants, hospitals, and educational institutions.
• Proximity to the Central Business District (CBD) and various workplaces has pushed up housing demand in this region.

Future Growth Potential

• Powered by IT-ITeS growth and commercial sectors, the area offers tremendous future potential.
• The upcoming metro network and infrastructure improvements make it attractive for both homebuyers and investors.

PropertyWala's Conclusion

EM Bypass in Kolkata is an excellent real estate prospect, especially for those seeking well-connected and infrastructure-rich areas. The area's robust connectivity, ongoing metro project, and presence of IT-ITeS companies make it appealing for buyers and renters. Despite a slight dip in recent price trends, the long-term growth potential paired with choices in luxurious and affordable properties means EM Bypass is a viable choice for anyone looking to invest or make a long-term move in Kolkata.