North Kolkata Dominates Housing Demand in the City


Posted January 11, 2019 by windflower01

The condition of real estate in Kolkata is currently at its cheapest in 7 years. It is relatively easier now to get a 2 or 3BHK flat in Kolkata.

 
Kolkata - January 11, 2019 – Kolkata is a city that possesses a lower cost of living no doubt. Compared to the other metropolitan cities like Delhi and Mumbai, the real estate pricing is more affordable in Kolkata. In contrast, the city promotes an affordable range of housing to all classes of people.

In recent years, there has been a substantial reduction of prices in real estate. Builders in Kolkata are lowering prices of property. Most developers are now giving discounts on the prices, while also adding incentives such as ‘freebies’ and free parking so that people do not get swayed by the 12% GST rate. Thus, the condition of real estate in Kolkata is currently at its cheapest in 7 years. It is relatively easier now to get a 2 or 3BHK flat in Kolkata.

That being said, there are so many changes in the trends of real estate today. Areas that were seen as underdeveloped previously are now breeding grounds for investors and buyers alike. This is only possible due to the drastic changes in infrastructure – which makes mobility possible.

Areas such as Dum Dum, Rajarhat and Madhyamgram hold interest for real estate builders due to the improved connectivity to other parts of the city. Furthermore, the mobility of people to certain parts of the city for professional, entertainment or educational purposes also plays a key role in influencing investment in real estate projects. The fact that Kolkata possesses the cheapest yet most effective transportation options from any place makes it a catch, regardless of the proximity to the main city.

Thus, the real estate developers of Kolkata have begun developing homes around several areas. Investment is now open in lands which are not even close to the main city. Rather, beyond the boundary of the city of Kolkata. As a result, even NRI Indians are considering investment in flats in Kolkata.

Kolkata is constantly undergoing expansion. With new flyovers and more proposals of metro stations in far-off places, the city expanding rapidly. With improving infrastructure and connectivity, many top developers in Kolkata are moving to areas such as Rajarhat, Barasat, and Uttarpara. Madhyamgram also stands out as an attractive opportunity for investment.

North Kolkata’s Madhyamgram boasts of a peaceful environment, away from the hustle and cacophony that the city provides (without depriving one of connectivity and convenience, however). Flats in North Kolkata display a good network of transport and connectivity via rail and road. Moreover, the greatest benefit is its convenient distance to the airport.

For instance, one of the real estate builders, Signum Group, went forward with building a residential complex in the area, taking advantage of all the benefits available. The residential project - Windflower - provides luxurious flats in Madhyamgram, enjoying the location and transport advantages as well as the nearby provisions in the area. With their flats for sale in Sodepur, you can book flats now.

know more visit -http://www.signumgroup.in/windflower-madhyamgram-residential/
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Issued By Abhijit Gupta
Phone 3340398585
Business Address Opp. APC College, Sajerhat  ,Sodepur Road
Country India
Categories Real Estate
Tags 2 bhk flat in kolkata , 3 bhk flats in kolkata , flats in kolkata , flats in madhyamgram
Last Updated January 11, 2019