Top 5 Locations To Buy Flats In Kolkata For Investment

2024-01-29
Real Estate Investment

The Real estate market of Kolkata has emerged with various renowned developers. Infrastructure improvement and affordable housing are gradually growing in this capital state of West Bengal.

The IT Sectors are driving the demand for housing and various developing locations in Kolkata like Rajarhat, Newtown, Uttarpara, and Southern Bypass has become the major areas of investment. These areas have gained prominence amongst the buyers in the residential market.

So, if you are looking to buy affordable yet sophisticated properties in Kolkata then we are here to help you. We here at Regrob with our experts and dedicated team have thoroughly researched the Top 5 locations to Buy Flats in Kolkata for Investment.

Top 5 locations to Buy Flats in Kolkata for Investment:

1. Newtown – Rajarhat:

The future of New Town, from an investment perspective, is eye-catching. It is perhaps the most prominent investment location in the eastern micro-market.

New Town, already sitting on a well-planned existing layout, is witnessing a surge in upcoming infrastructure projects like – improved road network, flyover connectivity, and the ongoing Rajarhat Metro – all coming together to boost the investment value of the area significantly. Moreover, as New Town is selected as a future Smart City, there will be substantial Central fund infused in improving the infrastructure of New Town.

New Town is expected to have a substantial commercial interest in the future as major infrastructure is being built for the commercial operation of the service industry. There are also a plethora of residential projects under different stages of completion. Both the residential and commercial segments will complement each other in New Town. This area is currently a growth hotspot in Kolkata and investing here is quite sure to fetch good returns.

The average price rate of the properties in Newtown is 5145 Rs per sq. ft.

The best Projects in this area are:

  • PS ONE 10
  • The Soul
  • The Ecos
  • Jain Dream One
  • Purti Veda

2. EM Bypass:

Flats in EM bypass have been attracting several home buyers due to the accessibility and connectivity offered by the highway which connects North and South Kolkata. Originally known to be the prime route between Salt Lake and Newtown, the proposed metro line is going to further EM Bypass’s accessibility to all of east Kolkata.

The areas around EM Bypass have witnessed immense property growth which has further led to a vibrant social infrastructure in the form of restaurants, civic amenities, educational institutions, healthcare facilities, thereby also making it an ideal place to live in.

The average price rate of the properties in EM Bypass is 7251 Rs per sq. ft.

Best Projects in this area:

  • Southern Vista
  • Southwinds
  • Siddha Superbia
  • Lakewood Estate
  • Avidipta Phase II HIG.

3. Southern Bypass:

This notable location has attracted a lot of attention from real estate developers and buyers because of the seamless connectivity it has with other parts of the city. Apart from this, it offers a well-developed neighborhood; where all the essentials are situated to facilitate the life of the residents.

The area has schools, markets as well as hospitals besides ATMs, petrol pumps, banks and everything that a family needs. Rajpur is just in the southern suburbs of Kolkata making it a neighborhood ideal for a peaceful lifestyle despite being close to all urban facilities.

So here are the few best projects in this location that are affordable yet luxuries such as Siddha Suburbia, Suncrest Estate, and Southwinds. The flats in these projects are available between 35 Lac – 60 Lac.

4. Madhyamgram Chowmatha:

Madhyamgram is one of the popular suburbs in Kolkata. It is mainly connected through railways. The major station in this locality is Madhyamgram Railway Station which connects Madhyamgram with major areas of the rest of Kolkata.

Jessore Road is the most important road connecting this area to other key nodes of the city. It also connects the locality with Kolkata Airport. Sodepur Road of Madhyamgram leads to BT Road, an important transport link linking the place to the heart of Kolkata. Sodepur Road is the connecting node between Jessore & BT Road.

Madhyamgram has many well-known schools including Madhyamgram Girls School, Nabanalanda Shishu Vidyapith, Monalisa English School, and Sreenagar Madhyamik School. Key hospitals to this locality are the Government Hospital of Madhyamgram, Netaji Subhash Chandra Bose Specialized Hospital, and Research Centre.

This area also has several shopping malls including Swadha Plaza, Nisha Plaza, and Ozone Mall, thus transforming this area into one of the most desired residential places in West Bengal.

The average price rates of the properties in Madhyamgram is 3322 Rs per sq. ft

Best Projects in Madhyamgram are:

  • Jain Dream Exotica
  • Belani Ayana
  • Signum Windmere
  • PS Majhergaon
  • Siddha Town

5. Uttarpara:

Located near Hooghly River, Uttarpara is a locality in Hooghly District. It is free from the hassles and buzzers of the core city. The calm and serene atmosphere of Uttarpara attracts anybody to live in this locality. Uttarpara is a developing locality and many industries are also expanding their bases in this locality. All the basic amenities are available nearby.

The place boasts of a rich cultural heritage and has immense historical significance. Uttarpara has excellent connectivity and is well connected to Kolkata and Howrah via Nivedita Bridge and Grand Trunk Road. It is also connected to railways and other public transport systems. The airport is located a short driving distance from Uttarpara.

It is also the center of educational institutions and many centuries-old reputed educational institutions still work here with great pride.

Top 5 Locations to Buy Flats in Kolkata for Investment:

https://youtu.be/_8kFPUQKRhE

So, if you are looking to buy a property in Newtown-Rajarhat Kolkata then there are many residential projects in this area with all the necessary amenities one can dream of.

To know about these residential projects, you can call our property expert on +91-7604092445.

Also Check: Best 3 BHK Apartments For Sale in Rajarhat Kolkata

For Site Visit & Queries Call Us at +91-7604092445

You can also watch the actual videos of other residential projects of Kolkata Click Here

We also have some other options of residential projects for you in Kolkata Click Here

Top 8 Residential Projects in Rajarhat, Kolkata:

https://youtu.be/NQ_h5Ezkizw

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