Overview of P. Majumder Road Area, Kolkata

Location and Connectivity

• 16. Majumder Road sits in a prime area in Kolkata, right next to major spots like Kalikapur Metro station and Ruby Hospital, plus the Eastern Metropolitan Bypass.
• This area has excellent connections to major roads, featuring multiple bus stops and metro stations for easy travel.

Property Prices

• The price range for properties in P. Majumder Road is fairly diverse:
  • 2 BHK Flats: Varying from ₹ 22.8 Lakhs to ₹ 60 Lakhs.
  • 3 BHK Flats: From ₹ 42 Lakhs to ₹ 1.40 Crores.
• The average price per square foot in this area sits at around ₹ 3,989 to ₹ 6,234.

Property Types and Availability

• Ready to Move Flats: There are around 210 ready-to-move properties on P. Majumder Road, with resale homes making up a large part of this count (185 resale properties).
• Resale Flats: Buyers will find numerous resale flats, coming in 2 BHK and 3 BHK configurations.
• Under Construction Properties: A small number, specifically 7 properties, are in the under-construction phase.

Amenities and Facilities

• The area is replete with high-end facilities, such as security teams, caretakers, and parking areas.
• The surrounding area offers nearby shops, restaurants, and key medical hubs like Ruby Hospital.
• Important landmarks include Kalikapur Purbachal Bazar, Croma showroom, and Metro Cash and Carry.

Neighborhood and Safety

• Residents feel this area is friendly and charming, with many families living here.
• Safety is highly rated by residents, boasting a 4+ safety score, indicating a very safe living environment.

Investment Potential

• Property rates in P. Majumder Road have gone down by -1% on a quarter-to-quarter basis, highlighting an opportune moment for investments.

Nearby Projects and Localities

• Close to P. Majumder Road, one finds key projects like Megh Mani, Urbana, Siddha Sky, Ambuja Upohar, and Active Acres.
• Popular spots nearby include the Ruby Hospital Area, Kabardanga, Eastern Metropolitan Bypass, and Kalikapur Haltu.

PropertyWala's Insight

16. Majumder Road in Kolkata stands out as a strong choice for property buyers or renters due to its excellent location, great connectivity, and ample amenities. A variety of property types caters to diverse needs and budgets. Its welcoming and safe neighborhood, together with the recent decline in property rates, makes it a particularly appealing time to buy or invest in this area.