Residential Projects in Kolkata

The bustling metropolis of Kolkata, formerly Calcutta, is in the eastern part of India. It is renowned for its bustling streets, colonial architecture, and rich cultural legacy. The people of Kolkata are passionate about their cuisine, music, and literature. Delicious market foods like Puchka and Kathi Rolls are among the city's well-known delicacies.

Numerous well-known musical and performance genres, including Baul music and Rabindra Sangeet, originated in Kolkata. With famed authors like Satyajit Ray and Rabindranath Tagore as natives, the city has a long literary past. Living in Kolkata is an intriguing and exciting experience because of the city's distinctive fusion of tradition and modernity.

Investors should think about purchasing real estate in Kolkata for several compelling factors. New and impressive residential projects have been the main drivers of the real estate market's consistent growth. Real estate prices in Kolkata are relatively reasonable compared to those in other significant Indian cities, making it a desirable choice for first-time buyers and investors.

Due to a large student population, rental properties are in high demand, and investors can generate consistent rental income. Kolkata's diverse economy, which has experienced rapid development in manufacturing, IT, and finance, will continue to fuel housing demand.

Kolkata offers several promising opportunities for real estate investors. The city has a growing economy, excellent infrastructure, and a diverse range of properties to consider. Whether you are a first-time buyer or an experienced investor, several areas in Kolkata are worth considering for real estate investment. Let us look at some regions you should consider:

• Rajarhat

  Rajarhat is in the northeastern part of Kolkata. This locality is known for its well-planned infrastructure, excellent connectivity, and emerging IT hub. Many new residential developments have come up in this area with premium offerings and great prices. Rajarhat is well-connected to other regions of Kolkata through a robust public transport system. It is also home to several business parks and is called the education hub of Kolkata.

• New Town

  Located close to Rajarhat, New Town is another thriving area with a stunning infrastructure, well-thought-out transportation options, and many government offices, IT parks, schools, and universities. The region is also very close to the Netaji International Airport and the upcoming airport at New Garia. The environment in New Town is pleasant, with plenty of green spaces all around.

• Howrah

  Howrah is a rapidly developing residential area located on the west bank of the Hooghly River. This locality is well-connected to Kolkata via four bridges. The Howrah Railway Station connects the locality to all of East India. The property rates in this area are comparatively lower. The recently approved metro line from Salt Lake City to Howrah Maidan will only drive up the real estate prices in this area.

• EM Bypass

  The Eastern Metropolitan Bypass is a rapidly developing area. It has excellent connectivity to the northern and southern parts of Kolkata. It is home to many residential projects, making it an ideal location for investment. The EM Bypass area has many social infrastructures like hotels, municipal offices, educational institutions, and healthcare facilities. The proposed metro line will further increase the ease of travel from this area to others. The rate of housing in this area has seen a significant rise in the past few years.

• Salt Lake

  Salt Lake is in the eastern part of Kolkata. It is a well-planned residential area known for its excellent infrastructure, well-connected road network, and flourishing IT setup. It is home to some of the best educational institutions in the city, like the International School of Business and Media, Bharatiya Vidya Bhavan, National Institute of Fashion Technology, among others. Residential rates in this area have been gradually increasing, and experts predict a good return on investment in Salt Lake.

Listed below are some premium residential spaces backed by the promise of the 155+ year legacy of Shapoorji Pallonji in the City of Joy: