Overview of NH-6, Kolkata

NH-6, Kolkata derives its name from the National Highway 6, also known as the Economic Corridor (EC1). This stretch runs from Surat to Kolkata.

Location and Connectivity

NH-6 lies in a somewhat secluded spot, far from the bustling city heart. Yet, it's not too distant from Kolkata proper. The region is conveniently connected to major cities and places due to its close connection to a major national highway. Nearby areas include Makardah, Nimerhati, Howrah, Ankurhati, and Hatisal.

Real Estate Profile

Types of Properties:

• Industrial land: covers over half the real estate market, specifically 56%.
• Residential houses occupy 19% of the land.
• Warehouses and godowns take up the remaining 6%.

Housing Options:

• Three-bedroom homes are most common, at 40%.
• Two-bedroom homes and four-bedroom homes make up 40% and 20% respectively.

Infrastructure and Amenities

Development Updates: Though still growing, infrastructure advancements are noticeable. Various schools, colleges, and hospitals line the area. You'll find good parks such as Chittaranjan Das Kanan Park, Barisha Dakshin Para Park, Pragati Park, and Netaji Sangha Park. Fitness centers abound too, like The Battleground Fitness Studio, Pushpa Fitness Centre, Om Multigym Plaza. You'll also notice ATMs and banking facilities for several banks including Canara Bank, Union Bank of India, UCO Bank, Bank of Baroda, and State Bank.

Market Trends and Pricing

Property Prices: The average cost per square foot is around Rs 725. Prices range widely from Rs 20 lakhs to Rs 40 lakhs, 60% of the time. Sometimes you find properties priced up to Rs 20 lakhs. Occasionally, industrial land and warehouses reach Rs 2.8 crores to Rs 3 crores. Rental Yields: Specific rental yields vary but generally, Kolkata ranges from 2.65% to 9.25%. The average stays at 4.93%.

Pros and Cons

Pros:

• Great for establishing factories and industries due to nearby road connections and industrial land.
• Easy travel to other cities via this well-known highway.
• Reasonable costs, particularly for 3 BHK properties.
• Plenty of amenities like schools, hospitals, and marketplaces.
• Ongoing upgrades and improvements.

Cons:

• Considerable distance from the city, a disadvantage for some.
• Infrastructure still in development.

PropertyWala's Verdict

NH-6, Kolkata, offers a special chance in real estate for industrial or residential investments due to connectivity. Despite being somewhat remote, its closeness to the highway and various facilities make it attractive. With the current infrastructure development and affordability, especially for 3 BHK units, it’s beneficial. However, the lesser-developed infrastructure and remote setting should be taken into account. Conclusively, NH-6, Kolkata, presents an opportunity for good growth, affordability, and connectivity, making it a noteworthy decision for investors and homebuyer alike.