Kolkata or Calcutta is a home to 15 million people and the numbers keep piling up. There are many job opportunities for people of all classes in the past few years. Real estate has emerged as one of the very successful business in Kolkata. The realty segment offers a wide range of options. This includes rent, lease or purchase.
Growing realty market
Apartments, offices, homes, industries and commercial spaces all falls under the realty market category. Real estate agents or realtors help find real estate homes and offices for their clients. Many multinational companies like DLF, MGF Land Limited have almost changed the way they operate towards commercial and real estate in Kolkata. They have contributed wholly to the real estate sector.
Latest public private partnership model by the government is a great scheme that including the realty segment, not only for Kolkata, but for smaller towns as well. This will help builders in making profits. They are available on a no-profit and no-loss basis that is similar to no income groups. City authorities, has been encouraging all the builders to develop retail estate. Buildings with solar energy are quite ecofriendly for lighting and other services.
Improving infrastructure
Thinking of new infrastructure, forget about the past. Kolkata is new and the infrastructure is improving. The connectivity is also a major factor that contributes to the reason as to why people prefer buying a home that is affordable. The east west metro corridor, from Howrah railway station to the Salt Lake City is a very convenient route. Then there is the metro rail network as well. This is India’s oldest metro network and set to expand for all 5 metro lines planned. They will connect the IT city at salt lake, Joka, Newtown and noapara.
All in all, the growth of the realty sector of Kolkata is attributed to the following factors:-
-lower acquisition cost
-lower asset cost
-presence of scalable infrastructure
-active involvement of authorities and government with many initiatives.
If you are looking to find a home for yourself, then chances are you need to find a realtor who can search and find a home for you that is not only affordable but also vaastu compliant. After all you cannot afford to spend tirelessly and willingly on real estate projects. If you are looking for bungalows in South Kolkatabungalows in South Kolkata, then chances are you will be able to find some homes like Harbour Greens in Amtala, Baruipur road. They have all the modern amenities and facilities for the residents living there. Amtala Harbour Greens is a cheap villa and available starting at just 13lacs.
