Kolkata, ‘The City of Joy’ which is rich in culture, commercial and education is witnessing a radical growth in Real Estate Development. Though Kolkata is one of the metropolitan cities, it nurtured a bit conservative approach but the scenario has changed now. The rapid industrialization and growth in infrastructure has contributed tremendously to the real estate development of the city. Number of IT parks being set up in the city, is also one of the important factors that have contributed to the expansion in real estate.Residential and Commercial properties trends in Kolkata: Properties in Kolkata are flourishing rapidly. Residential complexes are in greater demand. New flats, townships, plots, industries are being developed almost every day. These properties are attracting the investors, buyers, sellers and real estate builders in dozen. Real estate has appreciated in the monetary value in past few years. Builders all over the country are emerging and developing new projects here. The projects developed by the joint sector companies were sold at launching stage itself therefore popular real estate developers like DLF and Unitech raid into the Kolkata real estate market. Residential complexes with all modern amenities and facilities are launched.Commercial properties have also witnessed major transformation. Commercial properties with all modern amenities like plush lobby, lounge etc. has laid their foundation in Kolkata. Office spaces are also in great demand.Real Estate Prices in Kolkata:Real estate prices in Kolkata have shown a steep upward graph. The prices have increased by 30% annually. Real Estate prices in localities like Baliganj, Prince Anwar Shah Road and Elgin road and other areas of south Kolkata have risen. The reasons for the increase in real estate prices are the improved connectivity, infrastructure facilities, and successful retail and commercial projects, industrial development. NRIs are keenly watching Kolkata as an investment option therefore price hike in commercial and IT spaces are indications to the property boom in Kolkata. Property Prices in Prime Locations of Kolkata:***Residential Property (Price per sq.ft in Rs.)
- Baliganj: Rs. 9,000 to 11,600
- Prince Anwar Shah Road: Rs. 6,000 to 8,500
- Salt Lake City: Rs. 4,700 to 6,400
- Southern Avenue: Rs. 8,900 to 9,600
- New Adipose: Rs. 5,700 to 6,400
- Hazra: Rs. 7,600 to 8,300
- Jodhpur Park: Rs. 5,700 to 6,300
- Airport Road: Rs. 2,300 to 3,400
- E M Bypass: Rs. 4,300 to 5,900
- Lake Gardens: Rs. 4,400 to 5,300
- Nayabad: Rs. 2,700 to 2,800
- Thakur Pukur: Rs. 2,300 to 2,600
- V I P Road: Rs. 3,400 to 3,700
- E M Bypass: Rs. 7,900 to 10,060
- Park Street: Rs. 11,000 to 14,100
- New Town: Rs. 4,000 to 5,050
- Salt Lake City: Rs. 4,600 to 6,000
Overall factors have made certain that buying a home or an office space in Kolkata is a worth-while investment.займ на карту без отказов круглосуточновзять кредит онлайн
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