Kolkata is an excellent location for real estate investment. Property developers and investors are drawn to this metropolitan city for a variety of reasons. In the City of Joy, there are several prominent places to invest in real estate. So, if you're looking for a good place to invest in real estate in Kolkata, consider the areas listed below. These localities are great places of investment and give you a good return in the future.
Rajarhat, in Kolkata's northwestern outskirts, is one of the city's well-established suburbs. Dum Dum, New Town, and Keshtopur surround it. The average property price per square foot in this area is Rs 4000.
Barasat, located on the outskirts of Kolkata's northwest, is a developing neighbourhood with affordable housing. The average property price per square foot in this area is Rs 2700.
New Town, a Kolkata suburb, is a perfect blend of residential and commercial developments. The proximity of New Town to Kolkata's EM Bypass and VIP Road makes it easier to connect to other parts of the city. The average property price per square foot in this area is Rs 5000.
Joka, a neighbourhood in southwest Kolkata, is supported by affordability, improved connectivity, and a slew of infrastructure developments. Diamond Harbour Road connects the area to other notable locations such as Howrah, Esplanade, and Sealdah. The average property price per square foot in this area is Rs 2900.
Behala is one of Kolkata's most coveted neighbourhoods, located in the city's southwest corner. Behala is in close proximity to Sector V's commercial hubs, Park Street, Howrah, Bidhannagar, and Sealdah. The average property price per square foot in this area is Rs 3000.
Dum Dum, located nearly 10 km from the city centre, has grown in popularity as a result of its proximity to the Kolkata International Airport, and the commercial hubs of Sector V. Chatakal, Jaipur, Nager Bazar, and Rajbariare all within easy driving distance. The average property price per square foot in this area is Rs 4000.
BT Road, a four- and six-lane trunk road, runs between Kolkata and Barrackpore, a suburb of the city. A number of residential projects can be found in this area. The average property price per square foot in this area is Rs 5000.
EM Bypass, located near Kolkata's Central Business District, has sparked increased interest from professionals working around the region's IT companies. Salt Lake, Maniktala, Gariahat, and Lake Gardens are all accessible via this route. The average property price per square foot in this area is Rs 6000.
Rajat Boulevard in Tangra, Kolkata
Rajat Boulevard is a lavish residential plot in Tangra, Kolkata, to invest in. Beautifully made residential 3 and 4 BHK apartments are available here where homebuyers can buy homes of their choice. This township provides a variety of features in living spaces that are preferred by homebuyers. Homes here are available at prices ranging between Rs 89 lakhs to Rs1.18 crores. With a well-developed transport system, this project gives all the travel benefits to residents. An epitome of luxury and class, this project gives a wonderful living experience to residents to enjoy private lives with families. So, get your dream living space today.
December 08, 2021