Rajarhat, Kolkata Overview

Rajarhat's Location and Connectivity

Rajarhat, situated in Kolkata's eastern area, has quickly developed as a hub with great connectivity. It lies near key spots like Dum Dum, Baguiati, and Chinar Park. It's a favored choice for buyers and renters[4»].

Diverse Property Options

Rajarhat features a mix of properties:

• Flats: There are different-sized 2 BHK, 3 BHK, and 4 BHK apartments available. Complexes like Urban Vista Phase 1, Royal Aura, and JPK Swati Abha offer contemporary amenities and prices for different budgets.
• Villas: Over 60 luxury villas and approx. 40 standalone houses add to the range, providing top-notch facilities and good connectivity.
• Builder Floors: Prices typically range between Rs 3550-5450 per square feet.

Price Changes

• Flat Prices: Ranging from Rs 4600-8000 per square feet with an average of around Rs 5350 per square feet. The prices have gone up by 13.8% in the past year and 67.2% over the past decade.
• Land Rates: Range around Rs 1100-5150 per square feet.
• Annual property value rates fell by 6.22% recently, with hefty long-term rises.

Amenities and Facilities

Residents enjoy facilities like:

• Top amenities such as gyms, swimming pools, and community areas.
• Ample covered parking for cars.
• Nearby educational institutions, malls, and transport hubs including metro stations.

Rental Market

Rents in Rajarhat have increased, up 9% from Rs 16,500 to ₹18,000 for a 2 BHK flat in the first nine months of 2023. The area's success in IT/ITeS drives this change.

Popular Projects and Areas

• Urban Vista Phase 1: Well-known for its RERA-registered societies and modern 2, 3 BHK apartments.
• Royal Aura: Offers a selection of 2, 3 BHK apartments in diverse sizes and costs.
• Chinar Park: A popular locality within Rajarhat with great connectivity.
• Action Area 2: Another sought-after region in Rajarhat, known for its carefully planned infrastructure.

PropertyWala’s Final Thoughts

Rajarhat, Kolkata, offers an appealing mix for those buying or renting property because of its seamless connectivity, varied property choices, and modern amenities. There has been major value growth over the long run, leading to expectations of continued growth. It’s important to weigh market trends and the recent slight decline in property rates before deciding.