Tag: flat for sale in kolkata

Cheapest Flats in Kolkata

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

Flats News in Dankuni, Kolkata

Kolkata based Jain Group has announced the launch of affordable housing projects across Kolkata, Durgapur, Siliguri in Bengal and Bhubhaneshwar in Odisha. The projects cover an area of 5 million square feet at a proposed investment of Rs. 2000 crores.

The announcement follows in the wake of the launch of a residential project “Dream Eco City” in Durgapur in West Bengal. Two more projects are planned for this city, one by end of this year and the other by the middle of 2014.

Mr Rishi Jain, Executive Director of Jain Group told reporters that the first phase of the project comprising 800 flats at a cost of Rs. 400 crores is underway and should be ready in four years time. Uniquely designed, the innovative project uses nature as an inspiration and provides harmony of environment and buildings. A five star hotel is also proposed inside the project area, with international tie up. Jain Group is famously associated with Best Western, the worlds largest hotel chain and it plans about 15 hotels throughout India by the end of 2015.

A project by the group in Siliguri costing about Rs. 200 crores is also on the cards with possession expected to be given to buyers by the end of this year.

Source: AbodesIndia

Real Estate Residential Flat in Kolkata

Real Estate Kolkata developing with tremendous growth. Construction and infrastructural growth is on the rise in Kolkata. Being the capital city of West Bengal, it has got superb opportunities in the future. It is one of the largest cities in India with a population crossing well over several millions. The need for the developmental activities is enormous. Keeping in mind the future prospects Kolkata is riding on the surf of growth. The development in the industrial sector was huge in the past few years which added to the growth of the real estate sector. The boom in the Information Technology was also significant in the growth of the real estate in Kolkata. Several of the internationally renowned software and software related companies have set up their unit in Kolkata. Likes of Infosys, IBM, Wipro, TCS, etc has opened up their centers in Kolkata.

Kolkata is the ‘cultural capital’ of India. It has a rich cultural background. The city of Kolkata boasts of stalwarts like Swami Vivekanada, Rabindranath Tagore, Satyajit Ray. It has splendidly contributed to the rich culture of India and is famous for it globally. It has an immensely cosmopolitan environment and it is one of the cheapest cities in the world. Many of the industries are gradually emerging in Kolkata. So the city of Kolkata is attracting a huge number of prospective investors for real estate. The decisive factor of this development is the improvements in the the governmental policies and reforms. The presence of a port by the River Hoogli make its future even more commercially prospective. This is in turn creating employment and will raise the price on a pro rata basis.

Source: Business MapsofIndia

Eden City comes up with new residential scheme in Kolkata

Eden City Maheshtala, the flagship project of Eden City group, a Kolkata headqua rtered real estate developer, has become the first residential project in the city to get a six star rating by Crisil Real Estate Star Ratings (Crest). These ratings address two critical needs in the realty sector improved transparency and objective benchmarking of projects. Both of which have been fulfilled by Eden City Maheshtala, claims the company.

Spread over 22 acres at Maheshtala near Batanagar, a half-hour drive from the central business district of the city, the project will house as many as 40 ground-plus-seven and ground-plus-15 towers with more than 2,200 flats of two and three bedrooms each. The apartment sizes will vary between 796 sq ft and 1,524 sq ft with prices ranging between Rs 13.14 lakh and Rs 39.78 lakh.

Developers said amenities include a fully equipped club with swimming pool, gymnasium, library, games room, yoga and meditation room, coffee shop and restaurant, banquet halls, medicine shop, convenience store and ATM. Besides, there are four community halls, an indoor stadium, a football field, multipurpose courts, children’s play ground jogging tracks and two natural water bodies. A school, hospital, shopping complex, multiplex and a football stadium are also due to come up shortly in the vicinity.

More than 1,200 families have already been offered possession till date and many of them have already started living there. Bookings are open at present for ready-to-move-in flats as well as flats to be delivered by December 2013, 2014 and 2015, said the company’s chairman, Indrajit De.

Incidentally, Eden City, Maheshtala is the largest housing project in south Kolkata and the first one to be funded through foreign direct investment by UK-based F&C REIT Asset Management.

Source: mydigitalfc.com