Overview of Fulbari Bazar, Siliguri

Location and Connectivity

Fulbari Bazar, located in Siliguri, enjoys a strategic setting. It's near key highways, markets, and basic facilities like schools, hospitals, and police stations. This closeness makes it appealing for both buyers and renters.

Property Prices and Trends

• The average cost per square foot for Fulbari properties is around ₹3,750.
• For residential plots, the price ranges from ₹578 to ₹965 per square foot.
• Some plots start as low as ₹14.25 lakhs for a 2160 sq.ft plot; others go up to ₹20 lakhs or more.

Property Types and Availability

• Residential Plots: Many properties are residential plots available in sizes like 2160 sq.ft and 2800 sq.ft.
• Multistorey Apartments: There are numerous new projects, especially multistorey apartments scheduled from 2024 to 2030.
• Houses and Flats: Both houses and flats are available for purchase or rent, with popular layouts being 1 BHK and 2 BHK.

Price Ranges

• For Sale: About 83% of properties for sale are priced up to ₹20 lakhs, while the remaining 17% range from ₹60 lakhs to ₹80 lakhs.
• For Rent: 50% of rental properties are priced up to ₹5,000 per month, and the other half costs from ₹10,000 to ₹15,000 per month.

Amenities and Infrastructure

• Educational Facilities and Healthcare: Fulbari links to crucial educational and healthcare services, like Darjeeling Public School and Thalamus Institute of Medical Sciences.
• Road Connectivity: The area has ample road space and offers easy access to public transportation.
• Security and Utilities: Many residential projects have features such as boundary walls, underground electrical supply, water supply, and 24/7 CCTV surveillance.

Annual Growth and Economic Shifts

• Property values in Fulbari dropped by 3.97% last year, signaling an investor-friendly market at present.

PropertyWala’s Conclusion

Fulbari Bazar in Siliguri showcases a well-balanced and appealing real estate scene for renters and buyers alike. Its strategic location, variety in property types, and stable pricing make it a great spot for seeking affordability and ease. The upcoming projects, alongside existing infrastructure, suggest it’s an attractive choice for investment and settlement. It remains important to monitor price trends and understand current market conditions before deciding.