New Property Developments In Kolkata Kolkata: Commercial Capital of Eastern India

Earlier known as Calcutta, Kolkata is the capital city of West Bengal and the third-largest urban agglomeration in India, with a population exceeding 15 million. Kolkata was once capital of British India. At present, Kolkata is the primary hub of business, commerce and finance in eastern India and forms the ideal base for industries ranging from IT to manufacturing. It has also earned a reputation as the intellectual and cultural capital of India. The city features an international airport (Netaji Subhash Chandra Bose International Airport), a major river port and a metro rail, and is connected to the rest of the country by 4 national highways, and two major railway terminals at Howrah and Sealdah with a third, Kolkata Station, as a new hub. The city also headquarters two major divisions of the Indian Railways -- Eastern Railways and South Eastern Railways. Its twin city, Howrah, lies across the Hoogly River.

Current Trends

Kolkata is home to India's first metro rail that connects the north-south ends of the city in just 45 minutes, and features a vast network of roads and suburban railway that links one part of the city to others. Kolkata is slated to get the country's first elevated light rail transit system. The project will be completed in four to five years. The East-West Metro Corridor  has also been approved. This is a Rs 4,676 crore metro rail connection between Howrah and Salt Lake in Kolkata, part of which will run under the Ganges. Development will be taken up in two phases and completed in six-and-a-half-years.

The city has undergone major transformation over the past few years with the IT sector growing at an amazing rate of 70% every year. Major projects to develop the city's infrastructure have been taken up by the government and new roads, flyovers, bypasses, over bridges, under bridges, etc are being added to ease traffic congestion in the city. The Eastern Bypass, AJC Bose Road Flyover and Kona Expressway in particular have improved connectivity markedly. The West Bengal Government is making ample effort to develop the city's infrastructure and bring Kolkata at par with cities like Bangalore and Hyderabad.

The Realty Scenario

Eastern India's first city, Kolkata has held to its status as the region's primary commercial and financial hub, in spite of a slowdown in the recent past. Kolkata today is marked among the country's fastest growing cities with a booming industry in IT and other upcoming industries. This, combined with the improved lifestyle, has created major real estate demand in the city and giants from the industry are responding to this by parking their investments in the city's growing realty market. Not just residential, but also the retail and commercial sectors are experiencing significant rise in Kolkata.

Investment Destinations

Although Kolkata has lagged behind other metros in the country in recent years, the real estate market in the city is considered far more stable than those in the other cities. Kolkata real estate has accordingly caught the notice of investors, looking to make long-term and low-risk investments. With IT related developments coming up in areas like New Kolkata Township of Rajarhat, Salt Lake, VIP Road, E.M. Bypass, etc, these have become some of the most in-demand locations in the city. Extension of the Metro and Bypass to Garia have also opened up areas extending up to Narendrapur. The streaming of Foreign Direct Investment in to the city has also led to the increase in real estate demand and the subsequent appreciation in property prices. Residential property rates in these areas range from Rs.2000-Rs.5000 per sq feet, with expected appreciation of 50-60% over the next 5 years.

Real Estate Kolkata - Buy, Sell, Rent Properties, Commercial, Residential Land, Plots, Apartments, Flats, Office and Retail space from reputed builders/developers by our qualified real estate agents with extensive experience in Kolkata properties.

Tata Eden Court

Comfortable living 10 minutes from airport Location : Rajarhat. Type : 2 & 3 BHK apartments. Developer : Tata Housing  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Tata Eden Court in Kolkata, India  Compare  Starts from INR 34.49 Lacs E Brochure | Enquire | Details        Reviews (2)     Add

Unitech Gateway

20 minutes from Park Street Location : Kona Expressway. Type : 2 & 3 BHK. Developer : Unitech  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Unitech Gateway in Kolkata, India  Compare  Starts from INR 22.37 Lacs  Enquire | Details        Reviews (1)     Add

Godrej Prakriti

Living close to nature on B.T Road Location : B.T. Road Sodepur. Type : 2 & 3 BHK apartments. Developer : Godrej Properties  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Godrej Prakriti in Kolkata, India  Compare  Starts from INR 18.12 Lacs E Brochure | Enquire | Details        Reviews (1)     Add

Shrachis Greenwood Elements

Spacious living teemed with luxury Location : New Town Rajarhat. Type : 3-4 BHK Apartments & Duplexes. Developer : Shrachi Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Shrachis Greenwood Elements in Kolkata, India  Compare  Starts from INR 19.49 Lacs E Brochure | Enquire | Details        Reviews (3)     Add

Uni Homes at Unitech The Gateway

Luxurious apts. on Kona Expressway Location : Kona Expressway. Type : 2 - 3 BHK apartments. Developer : Unitech  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Uni Homes at Unitech The Gateway in Kolkata, India  Compare  Starts from INR 10.73 Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Elita Garden Vista

World class living by Keppel Land Location : New Town Rajarhat. Type : 2 and 3 BHK apartments. Developer : Keppel Land  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Elita Garden Vista in Kolkata, India  Compare  Starts from INR 31.29 Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Unitech Vistas

Stylish homes near the airport Location : New Town Rajarhat. Type : 2 & 3 BHK Apartments. Developer : Unitech  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Unitech Vistas in Kolkata, India  Compare  Starts from INR 26.53 Lacs  Enquire | Details        Reviews (0)     Add

Salboni

Lifestyle residences in North Kolkata Location : Belgachia. Type : 3 BHK Apartment. Developer : D.C. Paul Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Salboni in Kolkata, India  Compare  Starts from INR 55.00 Lacs  Enquire | Details        Reviews (0)     Add

Aponaloy Housing Complex

Ready-to-live apartments off Jessore Road Location : Madhyamgram. Type : 4 BHK Apartment. Developer : Reside Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Aponaloy Housing Complex in Kolkata, India  Compare  Starts from INR 32.00 Lacs  Enquire | Details        Reviews (0)     Add

Diamond City South

Residential Apts near golf club Location : South Kolkata. Type : 2-3 BHK Apartments. Developer : Diamond Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Diamond City South in Kolkata, India  Compare  Starts from INR 38.59 Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Active Acres

Active living off E.M Bypass Location : E.M. Bypass. Type : 2 & 3 BHK Apartments. Developer : Ruchi Realty  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Active Acres in Kolkata, India  Compare  Starts from INR 43.00 Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Teen Kanya

Housing for every budget Location : New Town Rajarhat. Type : 3 BHK Apartments. Developer : Bengal Shelters Housing  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Teen Kanya in Kolkata, India  Compare  Starts from INR 25.50 Lacs  Enquire | Details        Reviews (0)     Add