Kolkata is ranked 4th in the list of the most populous cities in India. Kolkata, once the cultural capital of India has become a major spot for industries like hotel, Real Estate, IT, Financial consultancies as well as travel and tourism. Despite overall decline in the overall property market, Real Estate In Kolkata has experienced a considerable growth over the last one-two years. Kolkata Real Estate has undergone a complete change both in commercial as well as residential sectors and there are many new real estate companies that have taken interest in Kolkata properties. The new Properties In Kolkata have been dynamic over the last 10-12 years and has been going through continuous rise. The commercial sector has basically seen growth in hospitality, retail and office sectors. Residential Properties In Kolkata For Sale have opened up varieties of opportunities in front of the buyers as well as investors because plethora of residential as well as commercial projects are available at different stages. Some of the real estate projects are in pre-launch stage and some of them are in ongoing stages. The price of different properties across Kolkata depends on location, amenities offered as well as the stage in which the property is right now.
Why Kolkata Real Estate Is Growing?
There are some major factors that have helped Real Estate Kolkata to have continuous rise and open up more and more opportunities for the buyers and investors from all spheres of life and from all economic background.
These factors are-
• Active involvement of government in real estate development initiatives
• Lower asset prices
• Land acquisition price lower as compared to the other metros
• Scalable structures available
• Infrastructural development
• Improved Conveyance facility
The above mentioned factors have made Kolkata Properties very lucrative for premium real estate developers from all over the country as well as from the international market. Overseas real estate investors always consider Kolkata to be their first choice. Kolkata Property is developing in different parts of Kolkata as well as in the surrounding areas of Kolkata. Real Estate in Kolkata is sprawling in the places like Ballygunj, Anwar Shah Road, Rashbehari Avenue etc. in south Kolkata and Khardah, Baranagar, Sodhpur in extreme north fringes of Kolkata city and several places on the side of E.M.Bypass Road. Rajarhat and New Town have become major hot spots for real estate developments.
Some of The Best Kolkata Properties
For the aspiring investors and buyers, it has become easy to Buy Property In Kolkata. Some of the Best Kolkata Properties are coming up in Rajarhat, Newtown , Howrah, Garia, Sonarpur and other areas of Kolkata. The renowned real estate developers like Siddha Group, Jain Group, and Vedic Realty Private Limited etc have started real estate developments in Kolkata. These developments are of international standards not in terms of architecture but in terms of facilities like swimming pool, jogger’s park, kids’ play area, spa and beauty salon, retail and shopping complex, multiplexes, bar and lounges, common lobby with CCTV surveillance , multi-tier security system, 24-hours water & power backup and many other facilities. Property For Sale In Kolkata are of different types. Some of them are small 1, 2 or 3 BHK apartments within residential complexes and some of them are spacious, luxurious 3 BHK, 4 BHK and 5 BHK apartments for big families. Investors can get Property In Kolkata in various townships and the best part of real estate in Kolkata is that it has everything for all.
To get any Property In Kolkata For Sale at a premium location and at an affordable price, it is important to look for authorized real estate agents. They have the current information about all types of properties in and around Kolkata. To become a proud owner of Kolkata House is not a daunting task any more.