Best Kolkata Properties is all set to flourish with the West International City. Of late, the property graph in India is showing a downward trend but this is not true in the case of property market of Kolkata. The city’s real estate remains hot amidst cooling realty prices in other areas. Contrasting to falling prices of many metros in India, the property prices in the city are moving upwards, in fact at a rate which belies most expectations. The areas in south and south central Kolkata where the price of apartments has risen to the tune of Rs 800 per square feet in just six months. It’s a now big challenge for mediocre to First Kolkata . A few months ago, most of the projects in the Bhowanipore area were priced at about Rs 2,200 per square foot. Now properties in the same area are commanding a price of about Rs 3,000 per square foot. As per the market analysts, the areas which have seen an outstanding price rise are Ballygunje, Prince Anwar Shah Road and Elgin Road of south Kolkata. Many factors can be pointed out for such a price hike like limited availability of real estate options, new successful commercial projects (mostly retail and entertainment), new improved roads and connectivity and an aspirational quotient. Recently Kolkata Real Estate sector took a high turn as many residential as well as commercial projects popped up of Kolkata Properties For Resale . The question is …Where should one buy property in Kolkata?A brief introduction to the most renowned areas of Kolkata:.Located in South Kolkata, Bhowanipore is considered a posh locality. Thus, it has got the status of being one of the most luxurious and posh areas in Kolkata.
Ballygunje is also an up market and cream area of Kolkata. This area is located to the south of Kolkata. It had huge bungalows and villas in the olden days. Today, however, these bungalows have given way to apartment style living. The property prices of this are very high because of its historical importance. http://firstkolkataproperties.com/ make revenues on high returns housing provided middle income groups are sold flats at a no-profit, no-loss basis, besides to the lower income groups at a lower than cost price. Many parts of south of Kolkata including Prince Anwar Shah road and Elgin road are enjoying unique hike in demand for property – not to mention, the prices of real estate have soared in this region. DLF’s high end project in Dankuni in the northwest of Kolkata has stimulated demand for property here. Best Property Sites In Kolkata make a huge profits in property market in Kolkata. Investment prospects in Kolkata:.All those who are looking for huge returns on property may not be interested in investing in Kolkata. But investment in the city offer low risk results. There is another reason for the same apprehension; the property values in Kolkata are comparatively lower than other metropolitans. No matter in which segment you plan to invest (residential, retail or commercial properties), both capital values and rentals are pretty less in comparison to the other big cities. Kolkata Property gives a new boost to the developers. The city has lagged behind its fellow metropolitan cities of Delhi, Mumbai and Bangalore, the real estate markets of Kolkata are termed as far more stable than them. One of the best advantages of investing in Kolkata is that the property values in Kolkata are not indefinite and usually it is the end user segment that drives the real estate markets here. Somehow, this nature of Kolkata real estate has duly attracted many investors. Best Kolkata Properties are not very high priced mainly due to its age old culture and caricature.

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