With changing times and changing economic scenario of the country, more and more people are looking at buying luxury properties from the end user perspective or even for an investment purpose. The housing projects in kolkata too are proof of the fact that more and more people are demanding for luxury residential properties. In fact, a city like Howrah too is seeing large scale development and hence, the new housing projects in Howrah are being built keeping in mind the demands of the urban home buyer.
Let’s take a look at the different places that are growing to be known as investment hotspots for luxury realty in Kolkata and let’s try to determine what makes it worth the buck.
1. T Road
Areas attached by B.T Road like Dunlop, Sodepur and Madhyamgram are prime investment locations and the growth potential of Dum Dum is only going strength to strength, owing to its proximity to the domestic and international airports. The 6 lane B.T Road also provides easy access to Rajarhat mega city and all these factors together add to the ‘luxury’ value of this market.
2. Sonarpur, Narendrapur and Kasba
South Kolkata has always been an attractive location in terms of real estate. With the presence of premier institutions like Lady Brabourne College, Indian Institute of Chemical Biology and Indian Institute of Management, it is a place often frequented by the cream of the crop. As expected, the available flats in this area are designed to suit the luxurious lifestyle the area offers.
3. New Town
For those who are looking for 1, 2 or 3 BHKs in Howrah, it would be a better idea to check out areas like New Town or Rajarhat. New Town is seeing massive upcoming developments in terms of infrastructure and civic amenities. Planned as a future smart city, New Town has all the essentials required to make it a luxury destination for home buyers who have the advantage of upcoming development and surge of real estate prices too.
4. Park Circus
People who are on to look-out for flats in Kolkata, it is most obvious that they would start their house-hunt from Park Circus and Topsia. Right from an enticing interwoven connection of roads to an exhaustive network of railways to the easy connectivity benefit since it is near the airport, Vidyasagar Setu, famous shopping hubs etc, Park Town has it all. As far as luxury realty is considered, connectivity is the biggest luxury and Park Town has exactly that!
A perfect amalgamation of cultures, history, art and modern outlooks, Kolkata is growing to be the hot new destination for those who look forward to living a good quality life. And with the rate of growth in terms of infrastructure, it seems like a great investment too.