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.

Urbana

Luxury Apartments in Kolkata's Tallest Tower on 65 acres with 33 acres green and a 100,000 sft Club Location : EM Bypass, Ruby Hosp. Type : 3 and 4 BHK apartments. Developer : Bengal NRI Complex Ltd  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Urbana in Kolkata, India  Compare  Property Price INR 92.00 Lacs > E Brochure | Enquire | Details        Reviews (1)     Add

Ideal Villas

Exclusive 8 Acre Spanish Style Villa Complex Designed by Hafeez Contractor Location : Rajarhat. Type : 3 BHK Villas. Developer : Ideal Real Estates Pvt.  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Ideal Villas in Kolkata, India  Compare  Property Price INR 79.09 Lacs > E Brochure | Enquire | Details        Reviews (0)     Add

Bengal Shriram Sonar Bangla

314 Acres planned and secured mini township with school, hospital & shopping centre Location : Uttarpara. Type : 1, 2 & 2.5 BHK apartments. Developer : Bengal Shriram  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Bengal Shriram Sonar Bangla in Kolkata, India  Compare  Property Price INR N/A Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Diamond Glory

Tallest towers on the VIP Road near Ultadanga Location : VIP Road, near Ultadanga. Type : 3 & 4 BHK apartments. Developer : Diamond Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Diamond Glory in Kolkata, India  Compare  Property Price INR N/A Lacs  Enquire | Details        Reviews (0)     Add

Merlin Uttara

Large lifestyle housing project near the Ganges Location : Konnagar, near Howrah. Type : 2 & 3 BHK apartments. Developer : Merlin Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Merlin Uttara in Kolkata, India  Compare  Property Price INR N/A Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Merlin Daffodil

Apartments near international airport off the VIP Road Location : near VIP Road, Baguiati. Type : 2 & 3 BHK apartments. Developer : Merlin Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Merlin Daffodil in Kolkata, India  Compare  Property Price INR N/A Lacs E Brochure | Enquire | Details        Reviews (0)     Add

Restello

12 Exclusive Luxury Duplex Apartments on award winning Design of Living Steel touching Salt Lake Sector V Location : New Town, Rajarhat. Type : 3 & 4 BHK duplex apartments. Developer : Shrachi Group  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Restello in Kolkata, India  Compare  Property Price INR N/A Lacs E Brochure | Enquire | Details        Reviews (0)     Add

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  Property Price INR N/A Lacs E Brochure | Enquire | Details        Reviews (6)     Add

Kolkata South Universal City

Premium township within district headquarters Location : Baruipur. Type : 2 & 3 BHK apartments. Developer : New Kolkata Internation  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. Kolkata South Universal City in Kolkata, India  Compare  Property Price INR 15.00 Lacs > E Brochure | Enquire | Details        Reviews (0)     Add

Unitech The 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 The Gateway in Kolkata, India  Compare  Property Price INR 23.69 Lacs > E Brochure | Enquire | Details        Reviews (2)     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  Property Price INR 44.48 Lacs > E Brochure | Enquire | Details        Reviews (1)     Add

DLF New Town Heights Kolkata

Lifestyle at its best Location : New Town Rajarhat. Type : 2 & 3 BHK Apartments. Developer : DLF  Buy, Sell, Realestate Property, Properties, Flats, Apartments, Duplex, Villas. DLF New Town Heights Kolkata in Kolkata, India  Compare  Property Price INR 40.90 Lacs > E Brochure | Enquire | Details        Reviews (0)     Add