What Makes Kolkata's Dum Dum An Attractive Real Estate Destination?

Dum Dum, a busy neighbourhood in north Kolkata, is known for housing the popular Netaji Subhas Chandra Bose International Airport. Derived from the persian word 'Dam Dama', the name translates into 'a raised platform' or 'ground'. Primarily a commercial hub, the locality is now evolving into a destination for affordable housing as well.

A historical town, Dum Dum served as a military base for the British artillery in the late 19th century. Kolkata's extreme northern area is a bustling industrial zone and Dum Dum's road and rail connectivity, is a major driving factor for the realty market. Dum Dum comes under the Barrackpore Commissionaire and is covered by the KMDA (Kolkata Metropolitan Development Authority) .

PropGuide takes you through this locality, to find out its major growth drivers.

Connectivity from Dum Dum

The airport in the locality, offering international and domestic flights, is a major driving force. Situated 10 kilometres away from central Kolkata, Dum Dum is linked to other parts of the city via the metro network, covering the north-south stretch - from Dum Dum to Kavi Subhash. Plans for the extension of the metro line pertaining to Noapara-Dum Dum Cantonment-Jessore Road stretch, is underway. Dum Dum railway station is on the Sealdah-Ranaghat line. Road transportation is provided by taxis, auto rickshaws as well as private and mini-buses. Well-connected to the National Highway 4, localities like Nager Bazar, Ghughu Danga, Motijheel, Chatakal, Jawpur, Rajbari and Lal Bagan, are easily accessible from this region. Activities like upcoming flyovers and expansion of bypasses are also happening in the neighbouring areas.

Investment options in Dum Dum

This micro-market offers several investment options encompassing affordable residential properties and commercial spaces. Being a fully-developed neighbourhood, there is greater supply of resale units as compared to land plots, or new residential projects.

The area is an industrial centre and home to several factories of jute milling, iron and steel rolling, tannery, glass, soaps, etc. Inhabited by working professionals, the rental market is thriving in the locality. The average rental price in the area is Rs. 14,000 per month (Starting at 5,500 per month for 1 BHK apartment) . The average selling price of a residential property in the region is Rs. 4,183 per sq ft. According to Proptiger Data, a 1BHK flat is available at a starting price of Rs 12 lakh, 2BHK for Rs 15 lakh and 3BHK for Rs 20 lakh. 

Social amenities in Dum Dum

There is the availability of quality healthcare facilities, premium educational institutions, malls, clubs, eateries, restaurants and stores to meet the daily shopping needs of people. Ample entertainment options are available for families such as amusement parks - eco-park, Aquatica, and the Nalban boating club.

The locality is expected to benefit from the initiatives of the Bidhannagar Municipal Corporation which is planning to install water pipelines and a treatment plant in the neighbouring region of Salt Lake.

Dum Dum is preferred location for retirees

Many Indians have chosen Dum Dum as their second home, including several retired individuals. A community-friendly location, Dum Dum offers what senior citizens look for including eldercare and rehab facilities, health clubs and even, old age homes.

Future trends for Dum Dum's real estate market

An end-user driven market, Dum Dum will continue to provide plenty of investment opportunities in the future. Experts say that future price appreciation in this locality, will remain strong.

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