The fast changing face of Kolkatta’s property market

Kolkatta is called as the land of joy and it is of course the city of sweets, food, delicacies and colour. Being the capital of West Bengal, Kolkatta is home to many multinationals who have built huge offices in the city. The realty sector in Kolkatta is quite slow and sluggish but on the contrary the end user market is extremely active and aggressive. The end user realty market has everything from affordable living to big palatial houses.

Property in kolkatta , comes very cheap and reasonable owing to the ample availability of land area and also due to the initiative and support provided by the government. There is also a lot of infrastructural development happening in and around Kolkatta and that is giving a good boost to the realty market scenario. The best part about buying a property here is that it will come very cheap and the returns are quite promising. The property rates are surely going to hike in the future considering the initiatives taken by the government and the growing demand of the property in West Bengal.

The real estate in Kolkatta is seeing a lot of interest of the NRI’s who want to invest in the properties here seeking high returns in future. The non-residents of Kolkatta are also taking a lot of interest in buying property here in view of fetching good returns. Kolkatta is known for its cheap and easy transportation facility with in the city which comes out very handy and people want to live in this place with easy and cheap modes of transportation. Kolkatta has a calm and a peaceful environment and which is why it is loved by the residents.

More MNC’s are also coming to this land owing to the strategies used by the government to support the corporate sector. Kolkatta is also well connected to all neighbouring places. The North Kolkatta is known for more of independent villas and houses. The communication network in this area is very good and hence there are plenty of residential options available. The South Kolkatta is registering a very high growth with prices ranging from 7000 Rs to 13000 Rs per sq. ft.

The popular areas of Kolkatta which are developing fast in terms of realty sector growth are Anandapur, Mukundapur, Kalikapur etc. A couple of other areas like Dunlop, Bonhooghly, Sodepur and Kamarhati are in the superbly connected to the B T Road. These areas are developing fast in terms of commercial development as well. The prices per sq. ft. range from Rs. 4600 to Rs. 5200. New Town and Rajarhat are two latest hot destinations in Kolkatta. These are considered to be the satellite cities of Kolkatta. The demand for realty sector is extremely high in these places. New Town is developed by HIDCO and is in close proximity to the airport as well. Looking at the current pace of development, Kolkatta comes across as the lucrative investment option in the realty sector. For more informationa at  https://realestateinindia2016.wordpress.com/2016/10/06/the-fast-changing-face-of-kolkattas-property-market/

Why will the Gurgaon’s realty sector will keep booming ?

Owing to its excellent location, connectivity to the capital of India and being the Millennium city of India, Gurgaon has had a steep growth curve in the realty sector. The property prices are hiking further soon, so a lot of property investors are making a quick move in investing in Gurgaon. Also, the initiative taken by central government by the name ‘House for all’ by 2022 is another reason that people have started dreaming bigger and better.

The new concept of affordable living is not new to Gurgaon. With the banks and financial institutions offering the ease of loans and EMI’s at a very considerable rates, the demands for residential flats have gone up further. Adding on to this is the preference given to Gurgaon by the fortune top companies which are setting up offices here. This is giving a further push to the realty sector demands and hence a lot of initiatives have been taken by the Central Government to develop Gurgaon into a well-planned liveable city. Some of the targeted areas are the Sohna road, Dwarka expressway, KMP expressway etc. The Property in Sohna road Gurgaon has been picking up prices and the appreciation is expected to go up further. In the past, poor infrastructure of NCR which involves poor metro connectivity and lack of safe public transport has been the cause of real sector stagnation in Gurgaon and other neighbouring areas. Hence, a lot of initiative is now being taken up by the Haryana government and the Central Government. Sohna road currently has been cited as one of the most exciting realty destinations as a lot of MNC’s and IT firms are coming up on Sohna road.

Sohna road is witnessing many new projects by some of the well renowned builders. These projects are made as per the current needs of a modern buyer.  Sohna road projects have everything to offer to the buyers from the poshest residential villas to affordable flats for living. Most of the residents from Delhi are investing in the real estate in Gurgaon. Due to population influx of professionals every year to Gurgaon, the realty market is expected to rise further here.

The property prices in Gurgaon has hiked in the past one year only. Delhi is considered to be extremely expensive when it comes to property has the realty state in Gurgaon will keep booming and developing further.  The property in Dwarka Expressway Gurgaon has hiked up further owing to the huge commercial developments happening around. A lot of non-residents of India also have shown a lot of interest in the property in Gurgaon since the past decade. And, moreover Delhi by itself is highly overcrowded and which is why neighbouring places are being developed further to accommodate the growing population.

The excellent connectivity of Gurgaon to Delhi in future due to proposed metro rail, KMP expressway and Dwarka Expressway is the prime connectors and features in helping Gurgaon’s realty sector get the right kick. The global realty sector currently is not so promising and at a lot of places people have lost money in property investments at global level. But, Gurgaon seems to be a safe bet in allowing people to enjoy good returns in the longer run. The MNC’s will keep coming in here to set up their base due to easy availability of skilled professionals and due to proximity to Central government to ease out all the required documentation and procedures. So, investing in the property in Gurgaon now is the right decision for any prospective buyer.

Buy best property in Gurgaon

For more info:  360realtors.com

Purchasing one’s own property or land is in everyone’s wish list; this is an asset which every individual aspires for. The perfect home of your dreams should have all the necessary amenities nearby like a good location, school, market, health care facilities and easy transportation. Though there are many cities in India which offer good investment opportunities, including Gurgaon which is one of the most sought after destination for real estate investment. Having an excellent infrastructure and immense growth potential, the city has become a preferred destination for long term prospective. The development of this place has increased notably and it is the home to thousands of expatriates who shift here in search of better job opportunities resulting in an increase in demand for residential apartment/flats in Gurgaon.

For all those who plan to Buy home in Gurgaon , we have a list of top most investment areas that offer best property in Gurgaon.

1.  Golf Course Extension Road is one of the areas that has witnessed continuous growth in demand and property values and has been rapidly developing since last few years. There is a surge in property prices as well as number of transactions. The expansion of Golf course road and the forthcoming metro line will ensure seamless connectivity directly into the Gurgaon city.

2.  Dwarka Expressway:This eight lane expressway or popularly known as Northern Peripheral Expressway covers areas namely Kherki Daula, Bijwasan, New Palam Vihar and finally connects to NH-8. It has created a lot of hype in the property market of Delhi NCR as it is the largest infrastructure investment happened till now. Once operational, the property prices in these sectors will see an upward growth.

3.  Sohna Road: Sohna is a small town and good tourist spot in the Gurgaon district and is situated at an approximate distance of three hours from Gurgaon. The place is undergoing great expansion to meet the increasing demand of population living there. Sohna road is a wide, 6 lane road that connects Sohna to Gurgaon and has some good amenities like KR Mangalam University and GD Goenka World School. There are several commercial and residential projects coming up along both sides of the road and the developers are offering attractive discounts and offers to attract more and more investors for the same.

4.  South Gurgaon:  also has immense growth potential due to the presence of several reputed schools. Many top developers are coming up with good projects in this area. Though a few sectors are little congested but things are expected to improve in the foreseeable future. For potential homebuyers with a low budget of approx. 50 lakhs and who want to invest in Flats in Gurgaon, this area has a wide range of options that assures you a return of 10-20%.

Hence owning a Flat in Gurgaon is a profitable venture as the city is being jam packed with IT/ITES companies, national and multinational corporates who have brought with them a myriad of job opportunities. It offers flawless road connectivity to other regions in NCR namely Noida, Delhi Dwarka etc. It is a preferred destination of NRI and HNI customers due to the presence of North India international airport thus resulting in an increase in property prices in Gurgaon.

For more information at http://360realtors.realtytimes.com/announcements1/item/47175-buy-best-property-in-gurgaon

Pre Launch project from Godrej Properties

Godrej Properties, the secondary arm of Godrej Industries Ltd, is amongst the top realty companies of India having a 119 year old inheritance of brilliance and commitment towards remarkable designing and technology. The company is associated with the development of residential, commercial as well as retail projects all across the country and at present has ongoing projects spread across 11.06 million sq meters across 12 cities. This fully integrated real estate development company is well recognized for its high quality standards followed at each step starting from project execution, to materials used to the quality of services offered. Their timely and successful delivery with the help of the excellent tie ups makes it the most reliable and trustworthy reality brand in the country. The company along with its highly professional team makes best efforts to offer different and innovative designs in all its projects.

Godrej properties is growing by leaps and bounds and has achieved maximum sales in the FY 2015-16 as compared to previous years. In order to fulfill the demands of its loyal customers, it is coming up with 15 new projects in the next financial year.  The most awaited Pre launch projects from Godrej properties are:

Godrej Summit:

It is a multistory residential project by the reality major Godrej Properties coming up in NCR. Godrej Summit is a perfect place for relaxation and enjoyment with the family, lavishly designed amongst lush greeneries and offers a peaceful and calm atmosphere to all its residents. The complex is tactfully located in Sector 104, Gurgaon and is just a short walk away from the Dwarka Expressway. Swaddled in a calm and composed environment it is well linked to the prime locations of the city like IGI, Palam Vihar, proposed metro station, Gurgaon railway station and several high end luxury projects developed by reputed builders. The complex houses 11 majestically designed sky touching towers which offer  2,2.5,3,4 bedroom luxurious apartments and penthouses, covering 1269 sq ft to 2692 sq ft of area. The apartments built amongst beautiful landscaped spaces and green gardens and surrounded by 80% open land are in perfect sync with the nature. The accommodations are thoughtfully planned having smart designs like wooden flooring in bedrooms, modular kitchen etc. Amenities available within the complex are multipurpose party hall, state of art fitness center, amphitheater, swimming pool jogging track, children play area, and senior citizen’s sitting area and a lavish club house. Thus the project with its high quality architecture, top class amenities that allow for an affordable yet luxurious living is an ideal investment destination to watch out for.

Godrej Oasis:

This is the award winning project of the company having won the “Most promising project of the Year - North India” award given by the Indian Realty Awards 2014. Godrej Oasis by Godrej Properties is another most awaited residential venture that displays the state-of-art architecture and is polished with comforting facilities that offer a grand lifestyle to hold you every day. This residential creation is not a simple structure of brick and cement but a style statement of today’s modern living. The premium project is located in Sector 88A, Dwarka Expressway and is just a short distance away from the Pataudi Road. It is just a few minutes away from the proposed metro corridor, Gurgaon railway station and is well connected to all that matters.

This low density project is surrounded by 75% open spaces and has an extensive central courtyard spreading across 1.5 acres. The project houses 5 towers having luxurious apartments of 2, 2.5, 3 & 3.5 configurations stretching across 1307 - 2066 Sq. ft.of area and well loaded with world class facilities to offer unmatched levels of absolute luxury. The east west orientation of apartments keeps them well-lit and well ventilated throughout the day. The complex offers modern day facilities like a 10,000 sq ft club house, swimming pool, bowling alley, kids play area, library, 24x7 power backup, water supply and fully operational gym all within the four walls of the project. Backed by the brand name Godrej, the high quality architecture and world class specs offered, make this project amazingly appealing to both investors as well as end users.

So, what are you waiting for?  Invest now and join the Godrej family of 2000 plus smiling faces.