flats in north Kolkata | Kolkata Real Estate | Kolkata Property

What are essentials to find the appropriate 2bhk flat or commercial property in Kolkata?

The urban arena in Kolkata is extending beyond its usual limits at a steady pace in accordance with the development in the sphere of its socio economic and cultural lifestyle. The cross flow of newer ideas in the domain of technology and other services are also acting as a driving force to the major development. Therefore, the ultimate need is zeroed at more advanced infrastructure to house the contemporary attributes. Thus, the real estate scenario in the city is enhancing. The call for settlement and nestling the different set up is leading to major ventures to be undertaken in the real estate sector and thus the domain is grabbing attention consistently.

The entire structure of the real estate domain rests on two pillars constituted by the residential and the commercial properties. The residential block is primarily concentrated around flats, standalone houses, bungalows and others while the commercial field deals in multiple selections such as, offices, malls, medical bodies, warehouses, retail and various others.

The real estate builders are gaining popularity favorably and hence it is no way a difficult option to find a project by a reputed builder anyway when you are looking for flats in north kolkata or a 2bhk flat in Kolkata.

It is still important to consider some factors while choosing your builder.
• How experienced is the builder in dealing with the industry?
• What are the projects undertaken and how was the quality of the projects?
• Is there any involvement of sub-contractors or third-party?
• Does the builder possess the entire relevant permit or sanction from the respective authority to run the projects?
• How comfortable you would feel as a buyer?
• Can you opt for loan and installment facilities as a buyer?
• How reasonable is the price of the property?

Lastly, it is really important to gather feedback and recommendation from other buyers. This considerations are applicable for choosing builders for both residential and commercial set ups. For commercial building the additional things to consider would be analyzing the cash flow and then deciding on the budget, putting utmost attention on details and selecting the space in a commercial hub.

If you are in look out for a normal 2bhk flat in Kolkata or a commercial space for your thriving business, then first understand your actual needs well and then make investments. Your thought process must be practical to gain a favorable deal.

What role has Rajarhat played in changing property scenario in North Kolkata?

Investment in real estate and gold give you maximum returns. Real estate in Kolkata has changed drastically over the period of time. However, the scenario of property in North Kolkata is very much different from that of South Kolkata. People settled in North Kolkata much before they started settling down in South Kolkata. North Kolkata is unplanned and suffers from lack of space. Due to lack of land and over population, the property value of North Kolkata is pretty high. However, with Rajarhat emerging as the new IT hub, the property scenario in North Kolkata is very interesting. Rajarhat Township is having good number of NRI investments since last few years. It is not that people are looking at Rajarhat only as investment; they are interested to stay there in the long run, too. The IT employees also prefer to stay in Rajarhat and New Town as the IT sector is nearby. The land cost here is also quite high.

On the other hand, South Kolkata is the commercial hub of Kolkata. There are several posh areas and people prefer to settle down here. Construction of a huge number of flats in South Kolkata is the proof of the large number of people willing to settle down in this part of the city. Real estate companies have their projects specially designed for South Kolkata. The flats of South Kolkata are mainly being designed keeping in mind the modern facilities. The flats in South Kolkata are promoted through several celebrities like Sourav Ganguly. The curve of real estate in South Kolkata is observing a high, thanks to good communication system.

The property scenario in North Kolkata has seen a drastic change in recent years, thanks to development of Rajarhat as the new IT hub. Flats in South Kolkata is also being designed keeping in mind the modern facilities.

Tips on how to select a commercial property

Buying a commercial property in Kolkata might be costlier but if you end up making a wrong choice then the entire money will go to stake. Making a real estate investment requires intense knowledge of the market. One mistake and the entire deal can cost you huge amount of money. So it is important to take enough precautions before finally signing on the dotted lines.

Investing in a commercial property can indeed facilitate a good amount of earning. One can work on his own business in the apartment or can give it for rent. Investing in a commercial property has got many advantages. Besides coming to an aid in garnering monthly income, it also tends to be beneficial for securing a savings for future purposes. Before investing on a commercial property in Kolkata, it is important to consider investigating the property thoroughly to know whether the investment is good enough or not.

AMP Baisakhi — Commercial Property in Kolkata

(a) After purchasing a house, the next big plan lies in locating a suitable place which one can take over for setting up the business. The property must be well-located in an industrial area which can facilitate easy income.

(b) For finding the right property it is important to hire a perfect real estate agent who has an intact knowledge of the properties throughout the city. A real estate agent sells residential as well as commercial property. These people provide excellent services to the end users and help them to take the apt decision within affordable budgets.

(c) Whether the property is situated in a rural area or a town is another most important decision. If your business involves rural backdrop then finding a suitable property in the rural areas will be better. The same applies for the urban set up involving industrial development in the urban areas.

Before investing in a commercial property it is important to acquire knowledge about the place. The selection of the property location depends very much upon the nature of the business.