The expansion of Kolkata’s metro network has consistently catalyzed real estate development across the city. The upcoming Noapara–Barasat Metro corridor is poised to continue this trend, transforming Barasat into a burgeoning real estate hub. Let’s discuss about the various factors leading to it
Barasat, situated along NH-12 (Jessore Road), already benefits from proximity to Netaji Subhash Chandra Bose International Airport and the Sealdah railway line. The introduction of the Noapara–Barasat Metro line is set to further enhance its connectivity, making daily commutes to central Kolkata more convenient. This improved accessibility is attracting both homebuyers and investors, leading to increased demand for residential properties in the area.
The metro extension is not only improving transportation but also stimulating infrastructure development in Barasat. The area is witnessing the emergence of new residential projects, shopping centers, and healthcare facilities. For instance, developments like Unimark Sports City are offering modern amenities and are strategically located near key transit points, including the upcoming metro station .
Compared to central Kolkata, Barasat offers more affordable housing options without compromising on amenities. This affordability, combined with the promise of improved connectivity, is drawing middle-class homebuyers and first-time investors to the area. The availability of spacious homes at competitive prices makes Barasat an attractive alternative to the crowded city center .
Historical trends in Kolkata indicate that areas with new metro connectivity often experience significant appreciation in property values. For example, the extension of the metro to Garia led to a threefold increase in property prices within a year . Similarly, real estate prices in Joka rose by 7% over 12 months following the commencement of metro operations. Given these precedents, Barasat is expected to witness a substantial rise in property values as the metro line becomes operational.
To capitalize on the metro expansion, the Kolkata Municipal Corporation has amended building regulations, allowing real estate projects within a kilometer of any metro corridor to increase their floor area ratio (FAR) by up to 20% . This policy encourages vertical development, enabling the construction of larger residential complexes to meet the growing demand.
The Noapara–Barasat Metro line is set to be a game-changer for Barasat’s real estate landscape. Enhanced connectivity, infrastructure development, affordable housing, and supportive government policies are converging to transform Barasat into a sought-after residential destination. As the metro line nears completion, the area is poised for significant growth, offering promising opportunities for homebuyers and investors alike.