Kolkata,
the capital of West Bengal has survived the slowdown in real estate market
bravely. There are many factors like healthy office absorption; infrastructure
development and launch of new projects that helped Kolkata’s real estate market
perform well. The steady growth of the residential sector has made Kolkata one
of the most preferred destinations for investment in real estate in India.
Another reason behind the growth of city’s realty market is ample availability
of affordable homes in Kolkata.
Home
buyers looking for residential options within Rs. 40 lakhs can easily find a
suitable home in their budget. However, end-users looking for homes for
residential purpose need to be extra careful with the localities when buying
residential apartments in Kolkata. To make property search easier for you, we
have made a list of top 5 residential options that ensure a convenient life
with smooth connectivity, sound neighborhood and high capital appreciation of
properly in coming years.
Newtown:
Located in the heart of Kolkata, Newtown is a perfect residential destination
for working professionals. Divided into three areas, Action Area I, II and III;
Action Area III offers remarkable housing projects. Real estate developers in
Kolkata have launched every type of projects from townships to independent
homes and apartments in this area.
Garia:
This is one of the oldest residential locations in Kolkata. Easy connectivity
to the metro rail and Eastern Metropolitan (EM) bypass makes it a comfortable
place to live. Further, upcoming hospitals, big retail chains, and corporate
office setups, increase demand for housing projects in Garia.
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Golf
Green: The area is preferred as a residential destination due to its proximity
to lifestyle amenities like shopping malls, golf club, and Tollygunge Club.
Those looking for affordable and convenient residential apartments in Kolkata
can buy a home in Golf Green area.
Ruby
Connector: In the past few years, this locality has shown tremendous growth and
become a favorite destination of those interested in real estate in Kolkata.
The locality has easy access to public utilities like malls, hospitals,
corporate offices etc.
Tollygunge:
There are various factors making this location popular among end-users as well
as investors. Called as the center of the Bengali Film industry, Tollygunge
also draws attraction of home buyers due to Royal Calcutta Golf Club, ITC
Sangeet Research Academy, and Indirapuri Film Studio.
In my point of view, this is really very well and informative content given about Top 5 options for those looking for affordable residential homes in Kolkata. Thanks for given this information here about this blog.
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