Overview of Parnasree Pally, Kolkata

Location and Connectivity

• Parnasree Pally lies in the southern part of Kolkata, right within the Behala area.
• It is linked to popular places like New Town and Salt Lake City.
• Main roads like Budge Budge Road and Upen Banerjee Road give great connections.
• The Brace Bridge railway station is about 2 km away, reachable through Taratala Road.
• The Rabindra Sarobar Metro Station (Line 1) is roughly 7 km away, and you can reach the Netaji Subhash Chandra Bose International Airport in 29 km via Thakurnagar - Panchpota Road/Kulpi Road.

Real Estate Market

Property Prices

• 2 BHK apartments are priced between ₹ 22 lakhs to ₹ 54 lakhs.
• 3 BHK apartments start at ₹ 45 lakhs and can go up to ₹ 75 lakhs.
• Independent houses range from ₹ 1.10 Cr to ₹ 5 Cr, differing based on the design and amenities.

Availability of Properties

• There are many ready-to-move and resale flats available.
• There are over 70 ready-to-move flats and 43 resale flats listed.
• Several under-construction projects are also on offer, such as Purti Planet, Greenfield City, and Diamond City West.

Property Types

• Residential projects feature big apartments, new houses, and standalone homes.
• Some of the noteworthy residential projects in the area are Lucid Elina, TD Enclave, Tapovan Apartments, Merlin Sapphire, and Shefali Apartment.

Infrastructure and Amenities

Social Infrastructure

• The locality has several international, secondary, and higher secondary schools within an 8 km radius.
• Numerous hospitals are located within a 5 km radius.
• You'll find various malls, markets, and supermarkets like Metro Plaza Shopping Mall and South City Mall.

Employment Hubs

• The area is near several employment hubs including IBM, Accenture, Genpact, Cognizant Technology Solutions, Deloitte, Capgemini, Wipro, TCS, and HCI Technology Solutions.

Other Amenities

• The area has parks, lakes, bus stands, and railway stations nearby.
• There’s good access to gyms and recreational facilities like the Parnasree Recreation Club.

Safety and Quality of Life

• Parnasree Pally is generally considered safe, with safety ratings of 3.5 to 4 out of 5 from residents.
• Residents rate its connectivity to markets, transportation routes, and roads at 4.24/5.

Challenges

• One issue is waterlogging during the rainy seasons.

PropertyWala's Conclusion

Parnasree Pally, Kolkata, is a rapidly growing residential area with excellent connections to key employment hubs, schools, hospitals, and other amenities. The neighborhood's infrastructure has been expanding, making it an attractive option for investment and living. Though it has some problems like waterlogging during the rainy season, the overall living quality and rising property rates make it a promising area. Given that property rates are increasing by 5% each quarter, now is a good time to look into investing or renting here.