Rajpur South Residential Plot | 8.5 Bigha Near Shrirampur Station

West Bengal, Rajpur Uth 24 Parganas, 700149, 24 Paraganas South

₹ 265,000,000 ₹ 31,176,470 / Bigha

Property Highlights

8.5
Total Cents
1619
Property ID
Shrirampur station to villa distance 2km
Junction

Enquire About This Property

Get FREE publisher contact details instantly

Discover the Space

Presenting a substantial 8.5 Bigha residential plot strategically located in Rajpur, 24 Parganas South, West Bengal. This expansive land offers excellent development prospects for various residential projects within a well-connected locality. Enjoy superior accessibility with Shrirampur station just 2 km away, complemented by established road access and convenient bus routes. Priced at ₹265,000,000, this prime parcel is an ideal investment for developers or individuals seeking significant landholding in a growing area. The plot’s classification ensures its suitability for immediate residential construction.

Loan Calculator

Loading...

Monthly EMI: Calculating...
Total Payment: Calculating...
Total Interest: Calculating...

Neighborhood data not available for this location.

Quick Facts

Listed byAgent
Property TypeResidential Plot

Frequently Asked Questions

Data enriched FAQs with helpful insights and visuals

01

What is the sale price of this Property?

This Property is priced at ₹26.50 Cr. The price may be negotiable based on market conditions, property age, and your payment terms. Contact the seller to discuss financing options and potential discounts for cash buyers or quick closures.
02

Can I get a home loan for this property?

Yes, banks and NBFCs offer home loans for this property. Based on the price of ₹26.50 Cr, you'll need a downpayment of approximately ₹5.30 Cr (20%). For the loan amount of ₹21.20 Cr at 8.75% interest rate for 15 years, your approximate monthly EMI would be ₹2,118,831. Over 15 years, you'll pay ₹38.14 Cr in total (₹21.20 Cr principal + ₹16.94 Cr interest). Current interest rates range from 8.5% to 9.5% depending on your credit score, bank relationship, and loan amount. Compare offers from SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance.
03

Is the listed price negotiable?

Yes, property prices are often negotiable. In this market, deals typically close 2-6% below the asking price. For this property listed at ₹26.50 Cr, you could realistically negotiate to ₹24.91 Cr - ₹25.97 Cr, potentially saving ₹53.00 L to ₹1.59 Cr.

Price Negotiation Scenarios

Negotiation success depends on several factors: property time on market (properties listed 90+ days see higher negotiation), seller urgency, your payment terms (cash buyers have more leverage), market conditions, and property condition. Get a professional valuation (₹5,000-10,000) to strengthen your negotiation position. Research recent sale prices of comparable properties in the area. Make your first offer 7-10% below asking and negotiate from there.
04

What is the annual property tax?

For this property in Panchayat, annual property tax is calculated on Annual Rental Value (ARV). With a property value of ₹26.50 Cr, the estimated ARV is ₹1.59 Cr (6% of property value). Panchayat tax rate is typically 3-5% of ARV. Your annual property tax would be approximately ₹477,000 to ₹795,000.

Property Tax Component Breakdown

Tax is payable in half-yearly installments with 5-10% rebate for advance full-year payment. Vacant land attracts lower tax. Keep tax receipts updated for loan eligibility and future sale.
05

What is my total cost in the first year of ownership?

Here's your complete first-year ownership cost breakdown for this ₹26.50 Cr property:

One-Time Upfront Costs:
  • Downpayment (20%): ₹5.30 Cr
  • Registration & Stamp Duty (10%): ₹2.65 Cr
  • Legal & Documentation: ₹30,000
  • Brokerage (if applicable, 2%): ₹53.00 L
  • Total Upfront: ₹8.48 Cr
Recurring Costs (First Year):
  • EMI (12 months @ ₹2,118,831): ₹2.54 Cr
  • Property Tax: ₹11.13 L
  • Home Insurance: ₹8,000
  • Total Recurring: ₹2.65 Cr
Grand Total (Year 1): ₹11.14 Cr

Upfront Cost Breakdown

First Year Recurring Expenses

Loan Principal vs Interest

From Year 2 onwards: ₹2.65 Cr annually (EMI + tax + maintenance + insurance). Budget an additional 10% buffer for unexpected repairs or expenses.

Share Property

Easy Search

Merry AI

Your Property Search Assistant