Overview of Tollygunge, Kolkata

Where It Is and Its Perks

• In South India, Tollygunge stands out as a renowned locality in Kolkata, having a mix of living areas, business zones, and fun places.
• The area boasts the Tollygunge Golf Club, among India's oldest and most admired golf clubs, which adds to the place's allure and benefits.
• It’s well-linked to the rest of Kolkata by public transit and main roads.

What Is the Price for Buying

• On average, properties in Tollygunge, Kolkata cost about ₹8,224 square foot.
• Prices vary across properties, ranging from ₹6,093 to ₹10,456 per square foot.
• Different areas in Tollygunge, like Jubeeli Park, Rajendra Prasad Colony, and Tollygunge Golf Club, each show average prices:
  • Jubeeli Park: ₹7,477 per square foot
  • Rajendra Prasad Colony: ₹5,081 per square foot
  • Tollygunge Golf Club: ₹7,997 per square foot.

Past Year Market Shifts

• Over the last year, we’ve seen a 6.43% drop in Tollygunge property rates, showing a likely opportunity for buyers.

Kinds of Properties Available

• High-Rise Apartments: Average cost is roughly ₹8,269 per square foot.
• Floors Built by Builders: Average rate around ₹4,294 per square foot.
• Houses for Living: Offered in different formats, including ones with 2 or 3 bedrooms, available for both rent and sale.
• Single Homes and Villas: For different buyer groups, available too.

Rent Market Snapshot

• You can find Tollygunge’s rental market filled with options: full-furnished, partly furnished, and no-broker fee homes.
• Monthly rents can be quite different:
  • For instance, a 2 BHK house rents around ₹9,000 to ₹24,000 per month, depending on spot and extra features.

What’s Trending Now and Tips

• The area still looks appealing for both buyers and investors because of its spot, perks, and chance for future worth growth, despite the drop in property rates.
• Seeing the current market trends, now could be a smart time to either buy or sell properties in this area, with the market showing steady signs of growth.

PropertyWala's Conclusion

Kolkata's Tollygunge gives you a balanced property market combining budget-friendly and high-end choices. Its amenities, ease of getting around, and historical importance make it a good deal for those looking to buy or rent. Even with the YoY drop in property rates, the area's long-term chance and stability make it a solid option for making your money grow too. Think about the unique features and pricing in Tollygunge’s different zones when choosing how best to meet your budget and what you need.