Kolkata, situated on the east bank of the river Hooghly, is the capital of West Bengal. Also known as “City of Joy”, Kolkata is believed to be one of the cheapest cities in India.
The city is showing mark improvement in every sector with the largest in its property market. With an increasing demand for commercial as well as residential property, Kolkatta real estate is once again coming back into the active mode.
With a multitude of multinational companies entering here, there has been a sudden increase in the number of potential developers of upmarket property. As maintaining the global standard of living, most famed conglomerates are ready to spend extra amount to avail the facilities that are at par with international standards.
Also, many reputed builders are looking forward to develop a number of buildings in the city. A large portion of demand for property in Kolkata seems to come in from the domestic and international retail chains to set an upward trend in the commercial market. As prophesied by the real estate soothsayers, Kolkatta will certainly see a tremendous rise in demand for office spaces in approaching years.
Source: Indian Realty News