Next Look At Current Real Estate Scenario Of Kolkata
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Next Look at Current Real Estate Scenario Of Kolkata

Kolkata, also known as the city of joy is certainly one when it comes to the real estate scene. Apart from being a multi-cultural city dominated by the Bengalis, the city boats of a rich heritage. With British era buildings still looming large at some places on one end and a modern planned township on the other, the city is a perfect example of unity in diversity. Real Estate in Kolkata is still in its developing stage though it is fast catching up with other metropolitan cities. Multiplexes, shopping malls, educational institutions, high-end luxury apartments, middle and lower middle class dwellings-the city has it all. Though it is a metropolitan city, real estate in Kolkata is still quite affordable compared to other cities.

The city has a prosperous port with both incoming and outgoing trading and commercial activity. People from nearby villages and towns come here to trade, work and earn a livelihood. This has greatly led to the development of its real estate. Though the prices are soaring high here too, property in Kolkata is still affordable by a middle class working person. From apartments on rent, resale and ownership, one can have it all in the city.

Depending on the budget, many renowned developed are offering middle and small size flats in as low as INR 20lacs for 1bhk, depending upon the amenities on offer. The city is a place for immense knowledge, which is evident from its high-class educational institutions. It thus caters to many young students, working professionals and families alike. This makes it a hotspot for investment in real estate. While some places are saturated and the rate of real estate in quite high with per square ft. amount touching to almost 10,000 per sq. ft., there are still some places that are offering a per sq.ft. rate of INR 4,000.

Areas of Rajarhat, Garia and Kasba offer attractive rates on residential properties in Kolkata. Owning to their smooth connectivity with other parts of the city via road systems, these areas are high on real estate radar. An individual looking for an affordable property in Kolkata with a purpose to purchase it or for investing can look into these places. The areas attract developers and property buyers alike for their low land rates, proximity to nearby commercial centers and good connectivity. Even many new plots are available where one can invest in cheap and resale it once the lad value goes up Abundance of property dealers and real estate agents make property hunting an easy task for you.


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