Lifestyle

Dum Dum property market: An overview

[ecis2016.org] Dum Dum is a popular residential locality of Kolkata. It falls under the Metropolitan Development Authority

The name of the locality has been derived from the Persian word ‘damdama’ which means a raised mound or a battery.

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It is located at a distance of 10 kilometres from the centre of Kolkata. Dum Dum enjoys close proximity to the renowned localities of Nager Bazar, Motijheel, Ghughu Danga, Private Road, Chatakal, Jawpur, Rajbari and Lal Bagan.

Connectivity with nearby Dum Dum localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

  • The nearest railway stations include the Sealdah railway station, Cantonment railway station and Patipukur railway station, which are located at distances of 8.3, 2.8 and 3.7 kilometres, respectively, from the locality.
  • The nearest airport is the Netaji Subhash Chandra Bose International Airport, which is a 4-minute drive from the locality and is situated at a distance of 2.5 kilometres.
  • The locality is served by the National Highway 34.
  • CSTC, WBSTC and CTC networks of bus services are operational here.

Employment hubs near Dum Dum

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Dum Dum is known to house the Ordnance Factory Dumdum (OFDC) and Gun & Shell Factory Cossipore (GSF) of the Ordnance Factories Board, which manufacture arms and other equipment for the Indian Armed Forces, Navy & Air Force.

The locality is witnessing an increase in population in recent years, owing to its proximity to the commercial hubs of Sector V, which is located at a distance of 16.7 kilometres.

Schools in Dum Dum and other social amenities

Dum Dum provides its residents with all kinds of social amenities to live a happy and peaceful life.  This includes various schools and hospitals. St Stephen School, Aditya Academy Secondary School, Howard Memorial English School, Christ Church School, Motijheel Science College, Rabindra Mahabidyalay and many more, enjoy being the best educational institutions of Dum Dum.

The major health institutions in Dum Dum include South Municipal Hospital, ILS Hospital, Dumdum Municipality Specialized Hospital & Cancer Research Centre. Apart from these, it also provides recreational amenities and proximity to various banks and ATMs, including IDBI Bank, Union Bank, UCO Bank, State Bank of India and ICICI Bank.

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Dum Dum also provides its residents with a number of recreational amenities, of which the popular shopping arcades include Diamond Plaza and City Life.

  • Price appreciation in Dum Dum – Around 3.3% in the last 2 years.
  • Current property rates in Dum Dum – Rs 2,500 – Rs 6,800 per sq ft.

Reasons to invest in Dum Dum

Dum Dum has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property prices and demand, make investing in Dum Dum a lucrative option. Dum Dum has emerged as a preferred working, as well as residential destination of West Bengal.

Projects like Star Abasan 175, Aatreyee Nirman Sonatanee and Aatreyee Nirman Indrakshinee situated in and around the locality, are among the best projects to invest in Dum Dum.

Check properties in Dum Dum

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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