Tata Avenida, Rajarhat– Kolkata’s Special Residential Property From Tata Housing

The long awaited Tata Avenida is the new residential complex launched by Tata Housing in the busy locality of Rajarhat, New Town in Kolkata.

Location Advantage

Tata Avenida was designed to provide a contemporary living with complete satisfaction for the residents of this project. It is located in the popular Rajarhat Newtown area which is filled with shopping malls, hotels and educational intuitions. The strategic location of this project is to provide all the facilities to the residents within their reach. The fast developing locality has emerged as the hub for residential and IT complexes which provides better appreciation for the properties in Tata Avenida.

Project Details

The project is developed in a vast land area of 13 acres and the details were as follows:

The project stretches to 13 acres of land with 4 phase of construction.
Tata Avenida has 4 towers offering 2 and 3 BHK apartments in varying sizes.
The 2 BHK apartment units vary in size from 1080 sq ft to 1255 sq ft of area.
The 3 BHK units measure 1500 sq ft of living space.
The cost of the apartment starts at Rs. 65 lakhs and vary according to the size of the apartments.
The possession date for the project is given as Feb 2017.
Special Amenities

The project offers all the amenities present in a luxury home such as the art gallery, festival pavilion, tea bar, cycle track, novelty store, book club, pet park, jogging track, chemist shop, vegetable store, ATM, stationery shop, cricket area, crèche, kids’ play area, laundry and many more.

The project offers spacious residential apartments with all the amenities required for a luxury living in the heart of the Newtown. The location, infrastructural development, quality building specifications and luxurious amenities will offer better returns for the property.

Source: Sulekha.com

Latest Real Estate Projects in Kolkata

Uniworld at New Town, Rajarhat spans 100 acres and is expected to be completed by 2010-11. 3 phases of the project have already been launched.

The South City Pinnacle in Salt Lake the other very good option as NRI Commercial Projects serves the growing demand for office space and is equipped with a food court and a gymnasium supported by a multi-level parking facility.

The PS Group has a string of commercial and residential properties under planning and construction in Kolkata, offering the latest comforts in living.

Genexx Valley on Diamond Harbour Road promoted by Paharpur Cooling Towers is one of the large townships coming up in the city, the rates of which have appreciated by almost 75 % in a year’s time. 2000 flats in 33 blocks on 20 acres will enjoy several firsts in community living, with a library, open air amphitheatre, crèche, twin swimming pools, boating facilities and community halls of different capacities within the complex.

Source: NRI Reality News

Residential Properties in Kolkata Are Of Utmost Demand In 2014

The prices of residential property in Kolkata are rising every year. Yet affordable apartments and flats are available here. Low and affordable cost of transportation costs of the city is one of the factors which attract people to Kolkata. The high demands for such housing needs are met by the future enthusiastic companies.

Kolkata was the British capital of India. Though Kolkata’s is not as old as Delhi, the city still holds an important position in Indian history. Established in the year 1686 Kolkata has developed with each passing year. Now in the 21st century Kolkata is of the metro cities where more than a crore people reside with a literacy rate of 87.14%. People thus wish to buy residential property in Kolkata and settle down.

Residential Property in Kolkata
Residential Property in Kolkata

With time the connectivity and transportation has developed too. Kolkata is now connected with the world through air, land and water ways. Transportation in Kolkata can be divided and subdivided into the following:

• Road transport
1. Buses
2. Taxis
3. Auto-rickshaws and rickshaws
• Railway
1. Metro railway system
2. Mono rail
3. Tramways
• Airways
1. NSCBIA
• Waterways
1. Port
2. Water transport system

The ease of public transportation makes Kolkata more appealing for the people. The transportation prices are very low thus cost of living is not expensive. The advantages of such inexpensive public transport are:

• Saves money: affordable transportation options will save fuel and money.
• Improves health: walking up to the bus stand will be a part of the daily exercise.
• Environment friendly: travelling by public transport means less burning of fuel leading to less pollution.
• Less congestion: lesser number of cars on streets will allow smooth flow of traffic.

Everyone wishes to settle down in a city where the cost of living is affordable yet it has all the metro city facilities. These features make Kolkata very popular. Each year the prices of residential property in Kolkata are rising because of the constant demand. Liyans are developing and establishing various residential properties in Kolkata at very affordable prices. These flats and apartments are situated at the well-connected areas of the city making living here a pleasurable experience.

Now You Have Even More Reasons to Buy Residential Flats in Kolkata

Investing in residential flats in Kolkata is the correct move as the city is gaining importance both economically and politically.

The RBI published in its annual report that the real estate prices of Kolkata have risen up by 60% while the national average is 21%. Nine major cities are included in RBI’s quarterly house price index to track the real estate price movements.

Kolkata faced the highest growth of 60% from the 4th quarter of 2012 to 4th quarter of 2013 fiscal plan. While Kolkata bloomed Mumbai witnessed the lowest of 10.6% in the same period.

The highest deals on real estate in Kolkata in the recent times are:

  • Kolkata Municipal Corporation (KMC) auctioned a deal of Rs.96 lakh per cottah of a plot on the EM Bypass. The total value of the plot 2 acre is Rs.115 crore.
  • KMC sold another plot (3.3 acres) for Rs. 135 crores on EM Bypass in 2009.
  • Housing Infrastructure Development Corporation (HIDCO) sold a plot of 2.2 acre for Rs.51.13 crore at IT township of Rajarhat.

    Residential Flat in Kolkata
    Residential Flat in Kolkata

Harsh Vardan Patodia of Credai Bengal opines that the government agencies have set up such a trend in West Bengal, mostly in Kolkata. Transportation and communication has rapidly improved in Kolkata in the last decade. And probably Kolkata is the most affordable metro city not only India but in the whole world. The improvement has surpassed all other metro cities in India and thus leading way to a real estate boom. Construction developers like Liyans are building great yet affordable residential flats in Kolkata.

Thus very good residential flat in kolkata have mushroomed in the suburban areas like Baruipur (south), BT.Road (north), Howrah (west) and Champahati (east). The cost of the land is comparatively low thus affordable yet comfortable housing facilities are available.

According to the RBI reports it is probably the best time to invest a real estate property in Kolkata. Not only because of the prices are affordable but investing in real-estate is almost resistant to economic meltdowns. Residential flats in Kolkata are a safe and great investment.