Loudon Street, Kolkata

About

Location and Connectivity

Loudon Street is set in the core of Kolkata, making it a prime and centrally located area. It offers excellent links to different parts of the city, covering major attractions and public transit hubs. Being near places like Minto Park, Shakespeare Sarani, and other crucial locations makes it appealing for both residents and commuters.

Property Types and Availability

  • Residential Options: Loudon Street features a variety of luxury apartments, from 1 BHK to 5 BHK. These come as unfurnished, semi-furnished, and fully furnished, catering to various needs and preferences.
  • Commercial Properties: Even though mainly residential, the area does host some commercial spaces, though they are not as common as residential units.

Amenities and Facilities

  • Modern Amenities: Apartments in Loudon Street often come with amenities such as 24-hour water supply, generators, parking areas (both basement and mechanical), and servants' quarters.
  • Infrastructure: The area is well-kept with fully marble-fitted bathrooms, expansive balconies, and other upscale features.

Rental and Purchase Prices

  • Rental Prices:
    • 1 BHK apartments: ₹33,000 per month
    • 3 BHK apartments: ₹60,000 to ₹1.5 lac per month
    • 4 BHK and 5 BHK apartments: Up to ₹4 lac and ₹5 lac per month
  • Purchase Prices: For buying, properties in this region are quite costly. A top-tier 3 BHK flat, like in South City Galaxy, can be around INR 10.50 Cr.

Developers and Projects

  • Reputable Developers: The area has seen buildings from noteworthy firms, such as PS Group Realty Pvt Ltd, with several projects nearby, including the "7 Loudon Street" project listed under HIRA/P/KOL/2018/000026.

Legal and Regulatory Compliance

  • RERA Compliance: Many projects in this area are registered under the West Bengal Housing Industry Regulatory Authority (HIRA), ensuring adherence to norms, and providing both transparency and safety to buyers and tenants.

PropertyWala's Summary

Loudon Street, Kolkata, is a highly desirable spot for buying or renting properties due to its prime location, excellent connectivity, and luxurious amenities. While the area's prices are steep, it offers a comfortable and convenient living experience, making it a good investment for those wanting to live in central Kolkata. However, both potential buyers and renters should assess if the prices fit within their budget, as the costs can be high.

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Price Trends

Locality ID
A911116361
PinCode
700016