bantala is a major developing rural subdivision located in east Kolkata in west bengal. it consists of moderate levels of urbanization. the entire city is situated by the ganges, and the northern part of the area borders the metropolis of kolkata. the residential prices of this area are quite lower and cheap as this area is still developing.
the average price of this locality is 2,650 - 5,000 / sqft. 60% of the property sale lies up to 20 lakhs while the rest lies between rs. 40 lakhs - rs. 80 lakhs. 67% of the rental properties lie in the range of 10,000 - 25,000 while rest lies in the range between rs. 15,000 - rs. 30,000. this locality has various builder floor apartments, residential houses, including luxurious 2 bhk, 3 bhk, and 4 bhk apartments and commercial shops.
key highlights :
bantala it sez is spread over 130 acres.
various small and large scale projects are emerging at bantala, making this locality the preferred living place.
various new real estate projects as the it park is growing.
commercial shops are largely available.
whats great? :
surrounded by greenery all-through.
cognizant -american multinational technology limited operates from a 20 acre campus.
good employment opportunities due to rising industrialization.
good connectivity
whats not great? :
roads are pretty small in bantala as this is still an emerging location.
schools and colleges are a bit far.
Watch out for? :
the main highlight connectivity of this locality is Basanti Highway which is a part of state highway 3. this road is connected with em bypass at dhapa.
bantala has good greenery spread throughout and is surrounded by various parks and grounds.
new developmental projects are emerging.
property rising factor :
short term -
development in social infrastructure
considered an excellent location for middle class families as the locality is quite cheap.
long term -
since bantala has good connectivity to it hubs, real estate is booming quite fast here. as many it people are seeking housing here, many infrastructural projects are blooming up.
other highlights :
social infrastructure -
bantala has a well developed social infrastructure
markets, shopping complexes are nearby too.
shopping complexes & markets -
anita bastralaya ( 6.1 km )
babusona shopping mall ( 18.1 km )
moushal market ( 9.3 km )
health care centres -
duraanta alo optical ( 1.7 km )
mondal clinic ( 6.8 km )
ahmad clinic ( 7.8 km )
bhatipota karaidanga hospital ( 4.3 km )
connectivity and public transport -
netaji subhash chandra bose international airport ( 28.5 km )
sonarpur railway junction ( 16.5 km )
leather complex 1 bus stand ( 2.4 km )
park circus railway station on sealdah south lines are located nearby too.
schools, banks and fitness centres -
schools :
boynala fp school ( 11.3 km )
addirabad junior high school ( 16.0 km )
kheyadah high school ( 7.9 km )
ak memorial school ( 15.9 km )
kulti junior high school ( 1.7 km )
banks & atm :
banks
canara bank ( 2.9 km )
bank of india ( 11.9 km )
fino payements bank ( 5.1 km )
bank of india ( 11.5 km )
atms
bank of india atm ( 11.5 km )
canara bank atm ( 2.9 km )
united bank of india atm ( 5.3 km )
dena bank atm ( 17.1 km )
fitness centres :
roy gym centre ( 14.9 km )
piu gym centre ( 17.0 km )
mama multi gym santer ( 5.8 km )
witness fitness unisex gym ( 16.3 km )
netaji statue ( 29.3 km )
fort william ( 22.8 km )
shaheed minar ( 23.5 km )
maidan ( 22.9 km )
micro market analysis :
capital and rental trends -
price trend analysis has shown bantala showing an upward trend since the last six months. there has been an increase of 12% in the prices of properties in this locality.
a 3 bhk apartment in this locality costs around 45.8 lakhs to 95 lakhs.
renting a 1 bhk apartment would cost around 3,500 -6,000 to your pocket.
scope of growth -
with the upcoming construction to make this locality a more developed city, the price of this locality will be witnessing a surge in the prices.
with kolkata leather complex developing, which is the second most important tanning centre in the country , the prices are expected to get a boost
investment opportunities -
price trend analysis recommends a 2 bhk apartment as it is a reasonable share of the price compared to the upcoming prime location it has become. with this locality still developing, the prices are quite low as compared to other locations; thus, residential investments are quite favourable for long term investors.
