Undoubtedly the most sought-after real estate destination in North East India, Kolkata is also one of the most popular real estate hubs across the country. Here is a synopsis of the city of joy for you:
The capital city of West Bengal, Kolkata has been regarded as one of the most important cities in India ever since the East India Company set base in Bengal, from where it began its trading operations. The heritage city was originally a fishing village located on the eastern bank of the River Hooghly. Ever since its inception during the times of British Raj, Kolkata remained the capital of India until the year 1911, when the capital was shifted to Delhi, owing to Delhi's central location and also because of the increasing nationalism in Kolkata. Since the 18th century, Kolkata has witnessed massive industrialization and rapid real estate development.
Apart from its historical significance, Kolkata is also the largest city in the Indian state of West Bengal and one of the largest cities in the country. The vibrant city spans across a humongous area of about 1900 square kilometres, which also includes 185 kilometres of prime metropolitan area. Also among the most densely populated regions in the country, Kolkata has a population of more than 14 million residing within its territory.
Being the capital of West Bengal, Kolkata enjoys exclusive location benefits as it is well-linked to all other parts of the country by means of national highways and a comprehensive railway network. It also has a domestic as well as an international airport, making it the entry point for millions who visit eastern India every year. For those travelling within the city, Kolkata has an excellent public transport system which includes everything from rickshaws to cars, buses and even trams. Needless to say, heavy traffic is a problem in some of the old parts of the city. The newly-developed suburbs, however, have been built to facilitate easier transit systems. It is also important to note here that Kolkata was the first city in India to enjoy metro rail connectivity.
More about the city
Kolkata has been the thriving ground for literature, arts and cultural activities in India since time immemorial. Some of the most important literary personalities have taken birth on Kolkata’s soil, and these include legends like Swami Vivekananda, Rabindranath Tagore, Bankim Chandra Chattopadhyay and Ishwar Chand Vidyasagar. This heritage has played an important role in making Kolkata the cultural capital of India, as it is known today.
While one part of Kolkata is the culture-rich city draped in colonial attire, there is another facet to the expanding city which includes its rapidly developing, futuristic suburbs. As the economy of the city had slowed down considerably in the post-independence era, Kolkata has witnessed most of its urbanization over the last decade, i.e. 2000 onwards.
Kolkata is also home to the Kolkata Stock Exchange, and serves as the centre of commercial activities in eastern India. It also has a major commercial as well as military port on the eastern coast of India. Several industries have also set up operating units in Kolkata, including some big names like ITC and Britannia. Prevalent businesses include those related to agriculture, medicine, engineering and mining industry.
Villages in Kolkata
Kolkata is an administrative district in West Bengal, and apart from the bustling city carrying the same name, it also has several villages covered within it. Bordered by Haora on one side and North 24 Parganas and South 24 Parganas on the other, Kolkata district includes areas like Belghata, Kolkata Port, Kahsipur Belgachhia, Shyampukur, Maniktala, Chowrangee, Bhabanipur, Ballygunge, Entally and Rashbehari.
Schools and Colleges
Kolkata has been a chief area for imparting education in the eastern part of India for quite a few decades. It has several schools and colleges operating within it, which have an equal mix of public and private run institutions. Kolkata also has 14 government run universities which are located in various parts of the city. It also has some religious educational institutions, and also schools and colleges offering vocational courses.
Some of the most prominent educational institutions in Kolkata include Presidency College, Bengal Engineering and Science University, Jadavpur University, Indian Institute of Management and the Indian Statistical Institute.
Shopping Malls and Recreation
When it comes to recreation, Kolkata will never let you down. The sheer vibrancy that you will find in every part of the city is sure to keep you entertained. Be it buildings of colonial times, museums or libraries, heritage hotels, memorials, bridges across various parts of the city, amusement parks in and around Kolkata or the local markets and shopping malls, this city has something in store for everyone.
Real Estate in Kolkata
Kolkata being the capital of West Bengal, property in Kolkata has been highly in demand and this has led to the city expanding to adjoining suburbs. There are several new properties in Kolkata as well as its neighbouring real estate hotspots that are being launched every year, and real estate in Kolkata is a very viable option for investors and homebuyers alike.