Tollygunge, Kolkata Property Overview

For people thinking about buying or renting homes in Tollygunge, Kolkata, here’s a thorough real estate glimpse.

Location and Connectivity

• Tollygunge sits centrally in South Kolkata near areas like Lake Gardens, Kalighat, Behala, Jadvapur, and Bansdroni.
• This area boasts strong connections through Mahanayak Uttam Kumar metro station, tram and bus depots, and Tollygunge railway station near Rabindra Sarobar Metro.

Property Prices

For Sale:

• Average price per square foot fluctuates from ₹6,153 to ₹15,609. Kalabagan hits even higher at ₹18,196 per sqft.
• Some key areas include:
  • Jubilee Park: ₹7,477 - ₹19,230 per sqft
  • Prince Anwar Shah Road: ₹10,532 per sqft
  • Kalabagan: ₹13,171 per sqft
  • Lake Gardens: ₹8,292 per sqft
  • Regent Park: ₹5,094 per sqft
• Real estate covers apartments, independent houses, and villas, priced from ₹28 Lac to ₹5.09 Cr.

For Rent:

• Rent fluctuates based on property type and location:
  • 1 BHK flats: ₹5,000 - ₹7,500 per month
  • 2 BHK flats: ₹10,000 - ₹18,600 per month
  • 3 BHK flats: ₹12,000 - ₹25,000 per month.

Property Types

• Apartments: Found in multi-storeyed complexes with diverse amenities. Examples include Merlin The One, Merlin Verve, and Belani Sanctuary.
• Independent Houses: Options include builder floors and standalone houses in areas like Ranikuthi and Karunamoyee.
• Villas: Available in regions with premium amenities.

Amenities and Infrastructure

• Healthcare: Leading hospitals include MR Bangur super specialty hospital, RSV Hospital, and Swiss Park Nursing Home.
• Education: Top institutions include GD Birla Centre for Education, Calcutta Institute of Engineering and Management, and The Assembly of God Church School.
• Shopping and Leisure: South City Mall draws shoppers. Markets like Bikramgar, Bijoygar, and Naktala CIT are also popular. Many restaurants and cafes dot the area.
• Recreational Facilities: Expect premium golf clubs, notably the Tollygunge Club and Royal Calcutta Golf Club.

Investment and Rental Potential

• Tollygunge appeals to both residents and investors due to high rental values and strategic location. Properties with golf course views command significant premiums.

PropertyWala’s Final Thoughts

Tollygunge, Kolkata, offers a lively and attractive real estate market. It features properties ranging from affordable to high-end luxury options. The area’s excellent connectivity and infrastructure, alongside numerous amenities, make it a top pick for both buyers and renters. To investors, the promising high rental values and ongoing development ensure it remains a great investment. Whether seeking a new home or a robust investment opportunity, Tollygunge caters to various budgets and tastes.