Kolkata once the capital at the time of the colonial rule, it was considered as the gateway to India by the British. Today Kolkata is a home town for more than 10 million people. In addition to being the cultural heart of our country, Kolkata also afford people by providing housing facilities at affordable rates, and good job opportunities. People are coming here to work which has created a huge demand for Kolkata Real Estate Properties . Thus the Kolkata real estate properties are abuzz with activity today. Buying property in Kolkata is no more a annoy as many new residential homes have come up where one can find flats at both reasonable and expensive rates.
Analyzing about the Kolkata Real Estate is one of the few cities that is enjoying good growth phase from all ends of India. Builders with high potentials have plunged diving into the Real estate market and surrounding every part of the city to offer good investment option for the buyers. The Economic growth value for and commercial sectors and residential are being increased and applaud well of late with the launch of many new projects.
Real Estate Property prices in South and South-central Kolkata is high. Some of the areas in Kolkata that are experiencing good growth are the Eastern Metropolitan Bypass, The New Rajahart Township. The hike in property prices in these localities have risen up to Rs. 800 per sq ft in just a short span of months.
Today Real estate is on balance with worldwide standards and enjoy to the core. One of the major reasons for the Indian Real Estate to reach International is by increasing FDI (Foreign Direct Investments). Inflating prices can be credited to the limited availability of properties, good connectivity options with the rest of the city and successful retail and commercial projects.
At present, Kolkata Real estate Market is bulge with Real Estate activity and experts view that growth prospects are very high end in the city. Also, comparing the prices with other cities, experts says, In comparison with the Tier-I cities like Delhi, Mumbai, Chennai, Bangalore Hyderabad, property prices in Kolkata seem very much reasonable considering the growth and developments prospects.
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