Overview of Lake Market, Kolkata

Location and Connectivity

• Lake Market is centrally located in Kolkata, offering excellent connectivity. It's near major railway stations, such as Howrah Junction and Santragachi Junction. Several metro stations like Kalighat, Tollygunge, Ballygunge, and Dhakuria also serve the area.
• The area is linked to National Highway 12, just a few kilometers away.

Property Prices and Trends

• Property prices start at around ₹7,272 per square foot, with an average of ₹11,056 per square foot. The top-end prices reach up to ₹15,327 per square foot.
• Flats range from ₹35 lakhs to ₹2.81 crores, depending on the configuration. Specifically: 2 BHK flats price themselves between ₹40 lakhs and ₹60 lakhs, while 3 BHK flats are priced between ₹80 lakhs and ₹1 crore.

Types of Properties Available

• Apartments, independent houses, and villas are common. For selling, you can find ready-to-move, resale, or under-construction properties. To be specific, there are 17 ready-to-move, 12 resale, and 2 under-construction properties.
• Rentals include furnished or semi-furnished flats and commercial spaces such as shops, offices, and showrooms.

Amenities and Infrastructure

• The area is well-developed with luxurious amenities: 24x7 security, power backup, and other provisions in new residential projects.
• Good schools nearby include Swarna School, Nava Nalanda High School, and Abhay Charan Vidyamandir. Major hospitals like Surveen Medicare, AMRI Medical Centre, and Fortis Hospital are also within reach.
• Numerous shopping complexes and markets like Lake Mall, RM Centre, City Mart, and South City Mall are available.
• Fitness centers such as Mettle Fitness Studio, Vibes Gym, and Akhra Fitness Center cater to residents.

Lifestyle and Living

• Lake Market has a lively, metro city feel that’s perfect for shopping, entertainment, and family outings.
• There’s a vibrant market scene complete with a big fish market and various eateries and entertainment spots.
• Traffic congestion and parking difficulties can occur due to heavy foot traffic.

Pros and Cons

Pros

• Centrally located and highly connected.
• Wide variety of residential and commercial properties.
• Excellent social infrastructure with schools, hospitals, and shopping centers.
• Modern amenities in new residential projects.

Cons

• Traffic congestion and parking difficulties.
• The persistent crowd in the market area can be overwhelming.

PropertyWala's Conclusion

Lake Market in Kolkata stands out for both buyers and renters thanks to its prime location, excellent connectivity, and abundant amenities. Despite traffic and parking challenges, it offers a lively and convenient lifestyle. With a wide array of property options available across multiple budget segments, Lake Market is a strong choice for those looking to invest or live in a well-connected and amenity-rich area of Kolkata.