retail shop | Kolkata Real Estate | Kolkata Property

How can real estate investment make your retired life happier?

Real estate investment is preferred not only by working but by many retired persons also. Having a retail shop after your retirement is a good idea and you can have a steady source of income.

It is wise to make your retirement plans at the peak of your career itself. With good amount of money at your hand, you can decide how to plan for your after-retire life. Planning right will make your retired life comfortable and tension free. Real estate has always been a good investment option. A much safer option compared to stock market, real estate investment is preferred not only by working but by many retired persons also. You may be a beginner in this field and may wonder how to invest. Having a retail shop after your retirement is a good idea and you can have a steady source of income.

However, you need to consider few things before you actually invest your hard-earned money.

If you start executing your plan of having a retail shop during your service period only, you will be very beneficial. First of all, as years pass property price increases. Hence, if you buy the land or a shop beforehand, later you will be the beneficiary. Market study will be very helpful for you. After you have finalized that you want to have a retail shop , it is time to fix your budget. Depending on the budget, you will have to find a location. Location plays a very crucial role in determining the fate of your business. You should buy property from a developer who maintains a good track record. Do good research of the place where you are planning to buy the property. Check the current property rates and also the scope for further price appreciation. It is ideal to invest in upcoming locations where you can get property at cheaper price. You should also check that the location of your property has less crime rates. Otherwise there will be chances of robbery or theft or damage to your property.

Once you check all these things, you can invest your money and own a retail shop. You can either lend out the shop or you yourself can run the shop. A good time pass after your retired life and a decent source of making money as well.

Which place in Kolkata is a better option for plotted investment?

The plotted development in Kolkata put forward a lucrative avenue for investment in the realty sector for the Kolkatans. At present plots of different sizes are available in the city and its outskirts conforming to the budget of the different potential buyers. Let’s take a quick glance on the areas that are potential enough for a fruitful plotted investment alongside buying residential apartment in Kolkata.

South Kolkata being an important location in the real estate map of Kolkata offers great options to the buyers in terms of retail shops, plotted investment and residential apartment in Kolkata. The areas that have gained great popularity in the context of offering favorable plots for buy include Diamond Harbour Road and Baruipur. Although both these locations lie in the outskirts of the city but still they have grown by leaps and bounds during the recent years with huge scale of development in terms of transportation networks that well connect the city with its suburbs. In the last two years or so the locations have seen a rise in the capital value by 15-30 per cent at least.

A buyer can easily find plots with area ranging from 1200-2500 sq.ft and even more. The plots are available for budgets as low as 10-20 lakhs or even lesser. The best part is that these same areas have great potential to get enhanced in their valuation over the next few years. Therefore investing on them will stand as a profitable option no doubt.

At the same time areas like Joka, Pailan, Amtala are also places where plots are available in huge scale and at favorably low price. Investment on them will indeed bear great fruits in due course. The extension of the metro railway network across the city is one of the vital driving forces behind the growth of these areas as lucrative investment options. This is the reason; they are the hot choices at present over buying retail shops or residential apartment in Kolkata.

Investment on plotted land has emerged as one of the great options in the realty sector in the city. They are rather more popular options over buying a retail shop or a residential apartment in Kolkata. Here is a brief look through the different regions having immense potential in that context.

Buy a residential apartment in Kolkata and be the profiteer

The real estate market in Kolkata is booming at a fast pace and is steadily turning to a vibrant sector. There are umpteen localities in and around Kolkata which are capturing the attention of real estate customers to a great extent. The selection of residential apartment in Kolkata ranges from luxury villas to affordable condominium. Hence there are choices to fulfill all kinds of requirements. Apart from that the selection of infrastructure, accessibility, facilities and amenities are also in plenty, hence there is no way that one will be left disappointed while on a spree for searching a residential property or flat for sale in Kolkata.

If anyone has the desire to invest in the real estate sector then Kolkata is one of the most lucrative options and there are number of reasons guarding the fact. The availability of scalable infrastructure, comparatively low prices of lands and assets and the fast paced government initiatives and subsequent developments are some of the most important factors that has driven the real estate sector in the city to greater horizons. There are still great potential for growth in the sector and because the prices are still favorably low, hence it can be well anticipated that better returns can be achieved over the years. Thus, newer projects are coming up every other day enhancing the cityscape and driving new hopes and aspirations of possessing a flat in Kolkata in the minds of the citizens.

The real estate market in the city is growing by leaps and bounds and that in turn making the city a hot spot for buying, selling and renting out properties over here. The enhancement took place not just in terms of the price of the properties but the rental charges for both residential properties and commercial spaces have increased to a great extent. This happened majorly with the well organized development of commercial and residential units, townships, SEZs and so on. So, it is high time that one must opt for investing in the thriving sector and reap profit in the long run.

The real estate sector in Kolkata is gradually enhancing with new high-end projects coming up steadily and this testifies the boom in the sector creating investment potential offering high ROI. So opt for a residential apartment in Kolkata and earn huge profit comfortably.

Growth of kolkata real estate market

Since independence, the city of joy Kolkata has been growing; both in size and in terms of population. From incorporating different people to different businesses, growth has been quite consistent. But very recently the talk of the town is certainly the boom of real estate industry in Kolkata. The city is expanding like never before; and these days the buzz is high around all those skyscrapers, shopping malls, cinema hubs, multiplexes etc in and around Kolkata. Some years’ back we have seen cities like Mumbai or outskirts of Delhi and even Bangalore were growing but the hype that is happening around the real estate market in Kolkata of late, is something that has never been seen in Indian market thus far.

From those glittery malls to the newly build high-rises in various parts of Rajarhat, New Town etc places, Kolkata real estate has become such a hotshot that real estate tycoons from various parts of India are going gaga over the city now. Apart from the big commercial properties, residential properties too are in great demand. People; NRI’s, bongs who wants to come back from various parts of the globe, big celebs etc all are trying their hands in searching a soothing, serene, posh location in or around the city.

You may found it strange but truth is that Kolkata is getting bigger and better with time. And in upcoming years, it only promises more. Kolkata’s latest outskirts like; Garia, Topsia, Chinar Park or New Town etc are the new hot properties around Kolkata. Especially places like Rajarhat, New Town have emerged as the most favoured places for the big property developers. Thus now you would find high-priced and luxurious housing complexes in Shrachi Rosedale Garden or in Chinar Park etc. Spreading across a long stretch of 16 acres, Shrachi Rosedale Garden is undoubtedly one of the finest residential properties to be sought after in the city of joy in current times. These sort of residential
a actually have been able to cuddle an array of services which were not that easy to see in earlier scenario. Today if you have money and if you are willing to spend then you would virtually get hundreds of options too.

With more companies coming in and around the IT hubs like Salt Lake sector V & Rajarhjat, the future seems to be sparkling for the real estate builders for sure. Anyways, when you can find all the important amenities of life like; school, station, airport, market etc within your short reach, then no wonder to see people becoming more eager to buy these properties like ever. So you just need to pick the right one for yourself as per your choice and then it’s time to indulge yourself in luxury my friends. Come and discover Kolkata.

Source: Electron Style