Overview of Lake Market, Kolkata

Location and Connectivity

• Lake Market is in a prime spot near Kolkata's heart, making it a vibrant neighborhood that's easily connected.
• It's near major railway stations, such as Howrah Junction (7.25 km away) and Santragachi Junction (10.2 km away), and Netaji Subhash Chandra Bose Airport is roughly 24 km away.
• There are several metro stations that give the area good connectivity, including Kalighat, Tollygunge, Ballygunge, and Dhakuria.

Property Prices and Trends

• If you’re looking to buy, properties in Lake Market start at around Rs. 7,272 per square foot but generally go up to Rs. 11,056 per square foot. The top-end properties can go up to Rs. 15,327 per square foot.
• In the past year, property rates dropped by 22.79%, which could be a great chance for investors and buyers to think about purchasing.

Rental Options

• Monthly rental prices for homes range from Rs. 5,000 to ₹30,000. For shops and showrooms, rental costs also vary but are generally similar.
• Various types of properties are on offer, including 1, 2, and 3 BHK flats, both furnished and semi-furnished, high-rise units, and studio apartments.

Amenities and Infrastructure

Educational Institutions:

• Swarna School
• Nava Nalanda High School
• Abhay Charan Vidyamandir
• Kouki – The Finishing School
• Institute of English, Calcutta

Healthcare:

• Surveen Medicare
• AMRI Medical Centre
• Fortis Hospital

Shopping and Entertainment:

• Lake Mall
• RM Centre
• City Mart
• Ashoka Enterprise
• Globus Stores Pvt. Ltd
• South City Mall

Fitness Centers:

• Mettle Fitness Studio
• Vibes Gym
• Akhara Fitness Center
• Rush Fitness Center

Banks:

• State Bank of India
• Indian Bank
• Allahabad Bank
• Bank of India
• HDFC Bank

Pros of the Locality

• Liveliness and Metro City Feel: Lake Market buzzes with life and easy access to shopping, entertainment, dining.
• Well-Connected: It’s connected via metro, rail, and road to main parts of Kolkata.
• Affordable and Luxurious Options: Available for various budgets, from affordable to luxurious residential and commercial properties.
• Modern Amenities: Includes restaurants, food chains, cafes, and healthcare services.

Cons of the Locality

• Traffic and Parking Issues: The area faces ongoing traffic and parking challenges because so many people are around.

PropertyWala's Conclusion

Lake Market in Kolkata stands out for buyers and renters thanks to its prime spot, connectivity, and amenities. Even with traffic and parking struggles, it’s lively, modern, and good value. If you're seeking residential or commercial spaces, the diversity and range of options make it a top choice. Considering current market trends and potential growth is wise when making a decision.