Real estate is one of the most profitable investments that give guaranteed returns. From budget 1 BHK flats to luxury apartments, a wide range of real estate projects is coming up. Property dealers in Newtown, Kolkata feel that the buyers are in for a treat as the city has some of the most amazing projects in store for them.
If buying property is on the cards, do not shy away from investing in real estate projects in Kolkata. This metropolitan city thrives on fulfilling family life along with successful working professionals. It is a city that attracts people from all walks of life and provides them with both the old world charm as well as luxuries of the changing times. Still not convinced?
The growth in real estate in the past three years is nearly 30%. Residential projects in top real estate companies are coming up in posh areas of the city. Thus, buyers, as well as builders, get a chance to invest in great projects located centrally. Furthermore, recently the Government declared Newtown, Kolkata as a Smart City which proves livability in the area is much higher and has a better infrastructure that supports sustainable living.
From the price point, compared to other metro cities like Mumbai or Delhi, Kolkata has always been a safer bet. Returns are much promising in Kolkata, and therefore it is great news for buyers who are considering investing in real estate. As more and more developers are coming up through the prime locations in the city, the end-user driven real estate market will continue to be a safe and stable option.
It is true that previously the city missed the big IT wave but as time evolved it has become the hub for large conglomerates like TCS, Cognizant, Wipro, etc. This not only boosted Kolkata’s job economy but paved the way for better opportunities. Additionally, infrastructure development projects like East-West Metro have added to the city’s valuation as well. Major global brands are also showing key interest in the consumer sector.
Thus, the bottom line is Kolkata has become a centre for numerous real estate investments and is expected to grow continuously. In the coming years, more opportunities are going to crop up with better facilities. So if you are planning to buy a property in Kolkata, consult Property360, the best property brokers in Newtown. It is a one-stop destination for all your property consultation, interior design, real estate development needs. Choose from various property listings on their website without any hassle and at best deals.
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