Property in Kolkata, Real Estate Kolkata

Kolkata lies in eastern India and is the capital of West Bengal. The demand for property in Kolkata has increased in recent time as more and more people are shifting here. The growth can be attributed to economic, educational and cultural developments. All the major IT companies are developing their business base in Kolkata city South Kolkata grew mostly after independence and is a fast emerging real estate hub.

It consists of mostly upscale localities and major areas are Garia, EM bypass, Rajarghat, Keshtopur and Jessore road. Salt lake and New Alipore road are also great locations for property investment. They are close to city and are centrally located in South Kolkata. These areas are popular due to good connectivity and infrastructure. The two planned areas of Kolkata are Salt Lake City also called Bidhannagar and Rajarghat called New Town which are both situated in the outskirts of Kolkata.

Kolkata property is now giving good returns to investors and flats are yielding high returns here. While property rates in Kolkata are less as compared to other metro cities, property ranges from affordable to posh and expensive here. Investors have vast options in residential properties here. Property in Kolkata has seen vast apprehension in prices in recent years. Real estate developers such as DLF Group, Unitech and Diamond Group have set up great number of good projects in Kolkata.