Overview of Liluah, Howrah

Location and Connectivity

• Liluah, Howrah is a popular area in the city of Howrah, West Bengal.
• The place offers excellent connectivity through various public transportation facilities, including Liluah railway station, Belur Math Bus stop, Howrah Bus Station, Tikiapara railway station, and Bhattanagar railway station.

Property Types and Prices

• The area predominantly features apartments and land in various sizes and configurations.
• Flat Prices:
  • Range from Rs 2,117 to Rs 5,909 per square foot (sq ft).
  • Average price around Rs 3,424 to Rs 3,664 per sq ft.
• Builder Floor Prices:
  • Range from Rs 2,750 to Rs 5,100 per sq ft.

Infrastructure

• The locality benefits from major infrastructure improvements in Howrah, including the East-West Metro connectivity, wider highway routes like the Kona Expressway and Grand Trunk Road, and green urban planning initiatives such as elevated roads and traffic-free lanes.

Market Trends

• Year-on-Year (YoY) Growth:
  • There was a 6.35% fall in property rates in Liluah over the past year.
• Current Market:
  • The price trend suggests that buying and selling properties in Liluah can be profitable at the moment.

Real Estate Growth

• Howrah, including Liluah, is experiencing significant growth in the commercial real estate sector, driven by new infrastructure, lower prices, and the expansion of tech companies like Infosys, TCS, and Cognizant.

Amenities and Development

• The area is undergoing developmental changes with modern offices and smart features to support flexible work, making it attractive for both residents and businesses.

PropertyWala's Conclusion

Liluah, Howrah presents a promising opportunity for those looking to buy or rent property. With its improving infrastructure, good connectivity, and growing commercial sector, the area is likely to see continued development and potential long-term value appreciation. Despite a recent decline in property rates, the overall trend suggests that investing in Liluah could be a profitable decision, especially considering the broader growth trajectory of Howrah's real estate market.