Loudon Street, Kolkata
- Nearby Localities
- Ballygunge Circular Road, Camac Street Area, Chinar Park, Park Circus, Taltala, Lansdown Road, Ballygunge Park, Baliganj, Bhawanipur, Entally
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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News
Kolkata's property market shifts toward premium housing
Mint · · Residential
Kolkata, India's cheapest major property market, is seeing premium residential launches by national developers like Godrej Properties, with prices rising 33% between 2020-2024.
Key facts
Godrej Properties launched 'Godrej Blue' in New Alipore, Kolkata, with 482 apartments across seven towers priced ₹2.3–5 crore for three- and four-bedroom units. CEO Subhasish Pattnaik said response has been strong, mostly from local buyers, and GPL acquired 53 acres in Joka for a plotted development to launch this year.
Other national developers operating in Kolkata include DLF, Shapoorji Pallonji Real Estate, Tata Realty, Phoenix Mills, and Shriram Properties.
Between 2020 and 2024, average property prices rose 33% in Kolkata. In 2023, Kolkata sold 23,030 units, overtaking Chennai's 21,630 units. Sales of affordable homes (≤₹40 lakh) dropped from 62% in 2020 to 45% in 2024.
Merlin Group is developing a super-luxury project on Park Street priced ₹17–18 crore, and has 'Merlin Azure' under construction in Ho Chi Minh Sarani with four-bedroom units priced over ₹10 crore. Chairman Sushil Mohta cited demand surge in prime locations including Park Street, Loudon Street, Shakespeare Sarani, Chowringhee, Ballygunge, and Bypass area, driven by HNI segment interest.
Pankaj Kapoor, managing director of Liases Foras, noted Kolkata's status as third-most populated metropolitan region and observed that Bhopal was a bigger property market over a decade ago.
Sale Properties
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Apartment / Flat
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Apartment / Flat
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Apartment / Flat
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- Locality ID
- A911116361
- PinCode
- 700016