Real estate in Kolkata offering help

The overall Real Estate of the city has now witnessed an unprecedented price rise especially in the South Kolkata localities like Prince Anwar Shah Road, Ballygunge, and Elgin road.

Kolkata, India (prHWY.com) May 23, 2012 - Kolkata, the city of heritage building has now shedded its image as the 'city of palaces' to a staggering destination for profitable real estate investment. Easily accessible with state of the art rail connections, motorways and air port, Kolkata has been one of the most popular destinations to live and grow with a wide range of wonderful things to see and to do. Today the city boasts of a dozen of skyscraping buildings, in fact, no less than its counterpart metropolitans such as Delhi and Mumbai. Real estate in Kolkata has truly gained a facelift as more and more builders, real estate agents and investors are doing their share in crafting the graph of the property market in Kolkata.

Well, typically the picture looks even stunning when these flats in Kolkata, bhk houses in Kolkata are developed for the housing. As per the property researchers the overall scenario of property in Kolkata can be developed in two ways: vertically and horizontally. Well, considering the soaring price for land for sale in Kolkata, it is practically not feasible for the developers to expand horizontally. Quite ideally therefore, vertical development has become a significant option for the builders in Kolkata. The best part is, the city authorities have not only expressed willingness in the development of the city's property market, but also come up on its own for promoting the concept.

By far Unitech Heights, with 40 storeys, in South City istands as the tallest building in Kolkata's residential real estate. flats for sale has gained a whole new facet with the emergence of Kolkata Hiland Park and Akankha Krishnachura. Ideal Heights near Sealdah and Sankalp at New Town has also made the bhk houses in Kolkata an ideal preposition for those looking for luxurious living.

Honestly, Real estate marketing companies in Kolkata are enthused with the response of the high-rise buildings which has generated in Kolkata.

Property in Kolkata: Pretty staple indeed

The overall Real Estate of the city has now witnessed an unprecedented price rise especially in the South Kolkata localities like Prince Anwar Shah Road, Ballygunge, and Elgin road. So why this steep rise of the property market in selected localities? Well, limited availability of real estate options, successful retail and commercial projects and certainly improved connectivity with improved urban road build quality. Well, Rajarhat, unlike Salt Lake, is also being developed as typocally a new city, with not only residential projects but SEZs, IT Parks, hotels, malls and commercial and shopping complexes as well. The paying guest accomodation in Kolkata has also got momentum to cater to the growing demand of residential accomodation. The well organized approach towards development has thus increased the possibility of commercial office demand shifting along with residential requirements. Honestky, over the last two-three years, residential property prices in the area had gone up by over 50 per cent and developers are anticipating more than 15-20 per cent rise in the prices. The typical nature of Kolkata real estate has duly caught the attention of the investors.

North or south - where to invest?

Houses in Kolkata especially in North Kolkata is becoming pretty costly owing to the scarcity of land here. Owing to the less availability of land and considering the fact that residents still want to stay here, the Real Estate developers in Kolkata tyoically points out that North Kolkata's property values have registered a hike. As a matter of fact some of the builders in Kolkata are anticipating demand in this area and has amalgamated industrial land at the nearby Jessore road to reap returns. On the other hand South Kolkata areas typically the Park Street, Ballygunj Street etc, on the other hand, is well planned and also have greater open spaces and it has better infrastructure as well.

To cater to this growing demand for modish infrastructure builders in Kolkata started launching state of the art, grand projects and it is perhaps the best time to consider real estate in Kolkata.

This content has been taken from http://homeslocat.blogspot.com/2012/05/real-estate-in-kolkata-shift-from.html

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