Situated in the capital of West Bengal, Kolkata, Bidhan Saraniis was formerly known as Cornwallis Street. It comes under the north division of the district of Kolkata.
Pronouncing the current state of real estate development in North Kolkata city Bidhan Sarani, there are flats and houses available ranging from 1 BHK to 3 BHK. Ranging from furnished to unfurnished flats, there is a good number of semi-furnished stand-alone houses as well. Mostly residential and commercial purposes are what flats and houses are available for. Property in Kolkata has undergone a revolution, in the sense that developers have come up with amazing properties in the Bidhan Sarani area.
There are local markets available near the area; markets which are used for grocery shopping, window shopping and serving the purpose of a general market as well. One such market is the Hatibagan Bazar. For entertainment purposes, there are movie theatres, one being around 100 years old called Star Theatre. Star Theatre is known for Bengali dramas which are presented to the audience, with authentic plays by famous playwrights- both old and new. Facilities like ATMs, banks and hospitals are things the area is well equipped with. For the overall development of Bidhan Sarani and to attract more and more buyers, there are new residential projects in Kolkata, being implemented by real estate developers at a rapid pace.
- Demand & Profit
The local language is Bengali and so people from small districts of West Bengal find it easy to find a sustainable home in this area because of the surroundings and the personal security they feel because of people having the same dialect. Apart from psychological factors, another factor that attracts buyers or even tenants is the Vidyasagar College. Students who wish to take homes for rent are mostly able to grab good deals because of easy availability of places to live. The market has seen a change in the demand to buy property in Kolkata and the real estate developers have many upcoming projects in Kolkata to meet buyer needs, to expand their business.
Kolkata being a metropolitan is close by and so travelling isn’t an overhead for the residents. Meeting the comfort levels, the demand for a residential place in Bidhan Sarani has been increasing and is expected to increase even more in the years to come.
Metro in Kolkata provides ease of travelling. There is a local train which connects Bidhan Sarani with Kolkata at a cheap rate. The bus route network is really dense with every two locations connected by a bus. Local bus routes are well defined, with not so much of congestion except for days of festival.
With the demands of buyers increasing, the real estate developers are capitalizing the property in Kolkata into making spacious, facilitated homes of all kinds so as to satisfy different kinds of customers. Many under construction apartments and houses are already ready for sale.
A thoroughfare, as Bidhan Sarani has become a hub of flats and apartments because of all the facilities provided and the price as well. Affordability is a big factor which has contributed to the good area profile of Bidhan Sarani.
EM Bypass or Eastern Metropolitan Bypass comprises of many localities and most of them are profitable and thus the investment rates are also increasing rapidly. The apartments in EM Bypass are mainly lavish but there are many affordable ones as well.
Locations Along EM Bypass
Tangra offers good connectivity via roads, rail and air. Calcutta State port Corporation (CSTC), Surface port Corporation (WBSTC) and private bus operators connect the locality within city limits and to its suburbs. The area is equipped with some of the finest apartments and the area is mainly popular for its Chinese eateries. Hence, the demand also goes higher with this.
Garia is the locality that lies nearest of EM Bypass and it is the starting point. The rapid infrastructural developments and good connectivity along with affordable prices has made Garia one of the best destinations in Kolkata for residence. Many reputed builders in India have made great place in this area. Garia offers easy connectivity to E M Bypass. The accessibility of this area is further enhanced by the metro and there are two stations in the locality. In addition to this, the Garia-Airport Metro Link is under construction which once completed will further boost the accessibility.
Kalikapur is a major area in EM Bypass and comprises of some of the best 2 BHK flats in EM Bypass. The locality shares its border with the Eastern Metropolitan Bypass and is flanked by the East Township. The locality is served by an integrated transportation system consisting of bus, train, tram and metro. Haltu is a major neighboring area of Kalikapur.
This is yet another prime location of EM Bypass. Chitpur Railway Station and Netaji Subhash Chandra Bose International Airport are located 15.1 kilometers and 22 kilometers from Kalikapur, respectively. Because of its prime location and smooth connectivity with other key areas of the city, Hiland Park is gradually developing into a highly sought-after residential destination in Kolkata. Some acclaimed builders like Gajraj Group, Eden Group, R B Realtors, Avani Group, Group, Jeet Nirman and Pvt. Ltd. have launched their projects in the locality.
Baguihati is primarily a residential area towards the end of EM Bypass. It is situated along the Kavi Nazrul Islam Sarani or the VIP Road. It is surrounded by areas such as Udyan Pally, Dumdum, Krishnapur, New Town megacity and Deshbandhu Nagar. Baguihati real estate is gaining prominence among home seekers for its proximity to Sector V and Netaji Subhash Bose International Airport.
Science City Area
Some of finest and top builders in India have made prominent place in this area. The nearest shopping malls are AMP Vaisakhi Mall, Vishal Mega Mart, Eslice of India, Big Bazaar and Fuji Shopping Plaza.
Ruby Park – the area is surrounded by many other localities and is facilitated with great educational institutions. Flats over here are available at a higher rate. Real estate property developers who have made their presence in Kasba are DK Group, Group, Pasari Group, Prabhat Infra Realtors, Group, Orion and Bengal Shelter.
When you are investing in any property be it housing, office or anything else, you often get confused. But Kolkata is now turning out to be a city that is booming in real estate business both for the developers as well as the buyers.
The real estate investment is a leveraged investment, as over the years the property will rise in value and turn out to be a good investment. There are many places in Kolkata where you may invest, in the last financial quarter the rise in real estate development in South Kolkata especially localities in and around EM Bypass, Garia, Tollygunge and Behala. These places have seen rapid growth in the recent years and real estate firms are looking forward to make the most out of it.
Behala: An Ideal Place To Invest On Properties!
Located in the south west part of Kolkata, Behala is one of the oldest residential localities in Kolkata. Although few years back if someone was moving in Kolkata, he wouldn’t have thought of Behala. But things are changing rapidly. In the last few years this locality has seen numerous development projects. The latest addition is Metro and currently the work is going on in full swing. Once the metro network is accessible, it will be one of the best places to live in Kolkata. Right now you can use public transport or drive anyplace in Kolkata from Behala.
Today, Behala incorporates one of the biggest suburban agglomerations of the city of Kolkata. It comprises of numerous little regions like Parnasree Pally, Taratala, Sahapur, Behala Chowrasta and Behala Thakurpukur. Due to population boom since the mid-eighties this area came under the radar of daily workers, regular masses and educated classes.
Because of this unplanned spontaneous development, the local population relies on the passing Diamond Harbor Road, in spite of accessibility to James Long Sarani. Due to the construction of the flyover, the crowd is now distributed, hence making the place a bit peaceful and easily connected to other locations. Some of the best flats in Kolkata for sale are in Behala.
Here is a list of few upcoming projects in Kolkata, which are based in Behala:
- Sri Sai Group – Sai Aspire Kolkata
The apartments of this project are available from 814 sq ft to 1186 sq ft. Among the numerous extravagant amenities that the project includes 24 X 7 Security, Badminton Court, and Children’s play region, Cafeteria and so on. Beginning at @Rs 2,951 for every sq ft, Apartment are accessible at appealing value focuses. The Apartment will be available to be purchased from Rs 24.02 lacs to Rs 35.00 lacs.
- Srijan Realty Greenfield City Elite
It is another premium venture by Srijan Realty. These 2, 3 BHK apartments are between 906 sq ft to 1358 sq ft. Among the numerous courtesies the project includes an air conditioned home theater, health care center and Doctor, Filtered Water Supply, Vaastu Compliant and so on. Beginning at @Rs 3,500 for every sq ft, the apartments are available to be purchased from Rs 31.71 lacs to Rs 47.53 lacs.
Other upcoming projects are –
- Pearl Group Shakuntala
- Pearl Group Vista
- Diamond Group Kolkata Nest
- James Residency
Markets in real estate at times can be precarious. Buying or selling any property is a significant undertaking. In recent times, the Indian real estate market faced a downfall and instability but Kolkata’s reality sector is stable and booming. The market is expected to witness positive appreciation here in the future.
In simple words, you can describe New Town as a Town which is newly generated. However, in common parlance one can also describe it as a newly developed area as well. But New Town here refers to the area of Kolkata in India. As the name indicated, it refers to the town which is fast growing in Information Technology. It is also called as a satellite city. It is located in both South 24 and North 24 Parganas district of the Indian state of West Bengal. This is the highly developed area of the Kolkata. The New Town has been declared as the “solar city” by the UPA government at the Centre.
As per the plan, it has urban structure. Generally, you can say it is divided into three areas namely as Action Area.
- Action Area – I: It is allotted to malls, Sub-CBD, planned residential and commercial plots;
- Action Area – II: This area consists to have Business complexes such as Central Business District, Industrial area, IT park such as Gitanjali Park DLF, TCS, and Unitech,
- Action Area – III: This area has mainly high-rise residential complexes and mini sub-townships like Uniworld City and Sukhobristi.
Smart Green City:
Presently, PM Narendra Modi Government has initiated the proposal to make it a Smart Green City with the discussion of the proposal to the Chief Minister of West Bengal Mamata Banerjee.
In the era of technology, mobile is a kind of device which helps people to stay connected with each other. With the advancement of Smart Phones, people of India prefer to use the technology and various applications available over smartphones.
Now, in order to directly interface the residents of New Town, the New Town Kolkata Development Authority is becoming the first Government Agency which takes such steps to connect with the people.
For residents of New Town, e-route will be the sources which will help them on the Real Time basis. It will keep the residents updated for any kind of the information about property in New Town Kolkata. The residents can get to know about any kind of information which they are looking for through e-route.
E-route will help the residents through the mobile phones. All the residents need to do is Registration of the Mobile Number with Kolkata Development Authority (NKDA), and after the registration, they will get all the updates of the township. From the Events organizing in their town to any important information like to visit at another place,every information will be provided through it.
Already, there are a number of online services was introduced by the Authority earlier and the residents use these technologies for required help. In the same Way, the authority believes that this e-route will give a big benefit to the residents of New Town. The Authority ensures that this information would be 100% accurate and this would help residents to get civil services in a fully satisfying manner.
Kolkata is a wonderful city with so much to offer. So, on the off chance that you want to move into Kolkata then you will definitely love the city once you settled in here. Kolkata is arranged on the banks of Hooghly River and this stream partitions Kolkata from Howrah. More than 4.5 million individuals live here in Kolkata and its building up each day in all regard.
Kolkata: Real Estate Market
While on one side Indian real estate market faced some fluctuations and instability, Kolkata’s reality market is comparatively stable. Under the undisturbed and unvaried number of demand from the city’s and nation’s property buyers – Kolkata’s real estate market is kindling a positive rate of appreciation. The market of Kolkata has proved all real estate forecasters wrong especially those who have been stating that Indian property market is hitting rock bottom.
Currently Kolkata is the one of the few cities that is showing a leveled supply and demand chart, if not a positive one in some quarters. So if you’re planning to move to Kolkata or have just moved there, Tollygunge and Behala are among the best places to live in! On one side Tollygunge is known as the home of Tollywood, the Bengali film industry while Behala is one of the oldest residential places in Kolkata.
Tollygunge: The Iconic Tollywood And Golf Course
Located in South Kolkata, Tollygunge is probably one of the best places to live in Kolkata. Known as the home of the iconic Bengali film studios and the Golf course, this locality is well connected through roads, metro as well as local trains. Commuting from Tollygunge to rest of Kolkata is far easier than from other parts of Kolkata. Tollygunge is located in close proximity to almost all parts of South Kolkata and offers easy access to several parts of Central Kolkata as well.
Metro is one of the major, cheapest, and fastest forms of commute in the city and connects Tollygunge with pretty much all the other parts of Kolkata. The residential hubs flourishing here are mostly apartment buildings and complexes.
The South City shopping complex, one of the best shopping malls in south Kolkata, is very close to Tollygunge. This locality is also the home of many premier academic institutions like ITI Tollygunge, B.D memorial institute, the Future Foundation School etc.
Behala: A Rapidly Changing Locality
Behala is located in south west Kolkata and is one of the oldest residential localities in Kolkata. A few years back if someone was moving to Kolkata, he/she probably wouldn’t have thought of Behala. But things are changing rapidly. In the last few years there have been numerous new projects in Kolkata and Behala has gained from all these developmental projects. The latest addition is the Metro network and currently the work is going on in full swing. Once the metro network is accessible, it will be one of the best places to live in Kolkata. Right now you can use public transport or drive to any place in Kolkata from Behala.
Apart from the above mentioned places you may look for Kolkata property at the following places also:
- Salt lake
- Lake Town
Apart from being the commercial, cultural and financial hub in Eastern India, Kolkata is also the City of Joy. The city has a lot to offer. In case you are visiting Kolkata for the first time, it would take a little while for you to get settled in but you will fall in love with the city after that.