Kolkata Pin Codes: 5 Most Expensive Areas in Kolkata
Kolkata, known as the "City of Joy," is the capital of West Bengal and a hub of culture, history, and modernity. It is one of the largest cities in India, and its real estate market has been booming in recent years. Kolkata has numerous areas that offer affordable living options, but it also has some of the most expensive neighborhoods in the country. In this article, we will discuss the 5 most expensive pin codes in Kolkata, along with the cost of living, average property rates, and average cost of renting a 2BHK.
Pin Code 700019 - Ballygunge
Ballygunge is a posh and upscale area of Kolkata that has been popular for many years. It is located in the south of the city, and its pin code is 700019. The cost of living in Ballygunge is high, and it is considered to be one of the most expensive neighborhoods in Kolkata. The average property rate in Ballygunge is around Rs. 14,000 per square foot, and the average cost of renting a 2BHK apartment is around Rs. 35,000 per month.
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Pin Code 700029 - Alipore
Alipore is another expensive area in Kolkata, and its pin code is 700029. It is located in the south-west of the city and is known for its luxurious homes and upscale lifestyle. The cost of living in Alipore is high, and the average property rate is around Rs. 16,000 per square foot. The average cost of renting a 2BHK apartment in Alipore is around Rs. 40,000 per month.
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Pin Code 700016 - Park Street
Park Street is a prime location in Kolkata, and its pin code is 700016. It is located in the central part of the city and is known for its commercial and entertainment hubs. The cost of living in Park Street is high, and the average property rate is around Rs. 18,000 per square foot. The average cost of renting a 2BHK apartment in Park Street is around Rs. 45,000 per month.
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Pin Code 700017 - Ballygunge Circular Road
Ballygunge Circular Road is another affluent area in Kolkata, and its pin code is 700017. It is located in the south of the city, and its proximity to Ballygunge makes it a sought-after neighborhood. The cost of living in Ballygunge Circular Road is high, and the average property rate is around Rs. 14,500 per square foot. The average cost of renting a 2BHK apartment in Ballygunge Circular Road is around Rs. 36,000 per month.
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Pin Code 700068 - Kasba
Kasba is an up and coming area in Kolkata, and its pin code is 700068. It is located in the south-east of the city and is known for its peaceful atmosphere and green surroundings. The cost of living in Kasba is high, and the average property rate is around Rs. 13,000 per square foot. The average cost of renting a 2BHK apartment in Kasba is around Rs. 32,000 per month.
Conclusion
Kolkata is a city that offers a mix of affordable and expensive living options. The areas discussed in this article are some of the most expensive pin codes in the city, and they offer a luxurious lifestyle. The cost of living, average property rates, and average cost of renting a 2BHK in these areas are all higher than the city average.
FAQs
These areas are expensive in Kolkata due to their prime locations, luxurious homes and lifestyle, and commercial and entertainment hubs. The demand for properties in these areas is high, leading to high property rates and rental costs.
Yes, there are several affordable areas to live in Kolkata, such as Behala, Tollygunge, and Rajarhat. These areas offer a lower cost of living and cheaper property rates compared to the ones discussed in this article.
It is possible to negotiate the rental costs in these areas, but it may depend on various factors such as the current demand for properties, the condition of the apartment, and the landlord's preferences.
These areas offer a range of amenities such as shopping malls, restaurants, parks, hospitals, and schools. They are well-connected to other parts of the city, making it easy to access these amenities.
Living in these expensive areas is worth it if you can afford it and value the luxurious lifestyle, prime location, and range of amenities that come with it. However, it is essential to consider your budget and priorities before making any decision.
