If you are planning to rent a property in Kolkata then it is the right time to do so. The happy news has made an entry with the property prices being comparatively lower than the rest of metropolitan cities of the country. As the city is lovingly known as the ‘city of joy’, it makes it a good ground for making a purchase or rather investing on Flats for rent in Kolkata which will not dent the market.
The year however did not see a much rise in property prices with a minimal of 0.56%. The top localities however maintained their dignity with with a top rise of Rs 14, 752 in the region of Ballygunje Circular Road. Following Ballygunje was Keyatala Road at an increase of 10,263 and then Ultadanga at Rs 7,829.
However the 1bhk flats for rent in Kolkata did not see a much increase in prices and are thus available at low prices of Rs 5000. The posh regions start at Rs 10,000 and reach up to Rs 45,000 for 1bhk to 4bhk flats on rent in the locations. There low prices made the residential supply increase and grew up to 0.5% over the last quarter starting from the beginning of the year.