Which are the real estate hotspots in the City of Joy?

Having a residential apartment in Kolkata is a sheer delight no doubt.The emerging locals like Garia are the hotspots in the city in terms of generating high return on investment in form of rental incomes from the property.

The Kolkatans have much to cheer on their real estate investments. Garia is a place which is yielding bountiful returns from the real estate properties in terms of the income generated from them as rentals. It can be well assumed that if you have a residential apartment in Kolkata standing in Garia or the adjacent areas then you will surely reap handsome revenue from it. Say, you have invested about 45 lakhs on the property then you can easily look forward about earning an amount ranging from 15K-30K/month. According to the recent records a 2-3 BHK apartment in Garia would cost about 20-50 lakhs, while lowest cost of a 2BHK is about 20 lakhs and the minimum range for a 3 BHK would be 30 lakhs approximately.

Property In North Kolkata
Property In North Kolkata

Having a property anywhere in and around the city always have its own set of advantages. If you have a property in north kolkata or South Kolkata, both way you are at gain but there are certain specific locations. As we have been discussing that having a property in Garia has its own benefits. A 2 room apartment might offer rent of about 15-25k per month and in case it is a 2 bhk one then the rent will start somewhere at 20K and hence one can actually guess what will be the actual amount of profit to be gained from the house over the years. Hence, getting a home is no more limited to the “sweet home” concept. It has very well gained a investment approach with a strong return. In case your house is furnished, no doubt the amount of profit would be far higher.

The key point of opting for Garia is its connectivity to EM Bypass and the potential it carries in the upcoming 8-lane expressway connecting it to the city in a much better way. Alongside, the proximity to the metro stations of Kavi Subhash in New Garia, Kavi Nazrul in Garia Bazaar and Shahid Khudiram in Birji have increased the net worth of the place at a great volume. The area also has all the necessary amenities like good schools, hospitals, markets and all others at the vicinity. This has given it the edge over other localities in the city.

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