Sugam Homes OliveReviews & Ratings — Kolkata, West Bengal

Tollygunge, Kolkata 700033

3.7(3)

based on 3 ratings

₹45.00 L – ₹80.00 L

Rajesh Nambiar21 March 2026 640 views 1 comments

Construction Status Unknown

About Sugam Homes Olive

Sugam Homes Olive by the developer in Tollygunge — a straightforward project in a neighbourhood that's no longer speculative. The growth already happened. The question now is whether the price still makes sense for buyers entering today. Sugam is a growing Kolkata developer focused on community-living concepts in South Kolkata's established residential zones.

Construction Updates

Price History

Listed price: ₹45.00 L – ₹80.00 L. Help the community by logging the actual price per sq ft.

Sugam Homes Olive — Buyer Reviews & Discussion(1)

@rajeshnambiar3mo ago

Typical Kolkata market – slow to rise, slow to fall. Not for short term flips. 7 year minimum horizon needed here.

Q&A

Property Details

City: Kolkata
State: West Bengal
Type: Apartment / Flat
Rating: 3.7/5 (3)

EMI Calculator

Property Price₹45.00 L

Down Payment20% (₹9.00 L)

Banks require minimum 10–20%. Higher down payment = lower EMI.

Interest Rate (p.a.)8.75%

Current SBI home loan rate is ~8.5–9%. Check your bank.

Loan Tenure20 years

Affordability Check

Monthly Household Income₹1.00 L

I'm currently paying rent (double burden during construction)

Monthly EMI

₹31,814

Loan: ₹36.00 L · 8.75% · 20yr

Total Amount Paid

₹76.35 L

Total Interest

₹40.35 L

Income Multiple

Property price ÷ annual income

3.8x

RBI guideline: 4–5× · <4× Comfortable · 4–6× Manageable · >9× Stretched

EMI-to-Income Ratio

EMI as % of monthly income

32%

<30% Healthy · 30–40% Manageable · >50% High risk

For illustration only. Actual EMI varies by bank processing fees, GST, and insurance.

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