Kolkata home rentals becomes dearer

In a study conducted by a premier property search portal 99acres.com, it was found that the rentals for residential apartments and homes in Kolkata have seen an escalation of around 3% in average when Q1 of current year is compared with Q1 of last year.

Localities like Ballygunge have seen an upward trend. Rentals in the EM Byepass area have also seen a movement owing to improvement in infrastructure around the area. 

Rajarhat and Salt Lake saw steady rentals while City Centre 2 and Ballygunj witnessed 3% and 6% increase in rentals during the same time period.

What's surprising is that New Town saw 5% dip in rentals over the last one year.

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