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An Overview of the Kolkata Real Estate Market

Kolkata, the capital of West Bengal, is known for its rich culture and colonial connections. The city reflects a blend of rich colonial architecture fused with the world-class urban agglomeration. The people of the city are known all over the country for their intellect and knowledge. People from different parts of the country flock this city to fulfill their intellectual needs. Irrespective of the age, sex, caste or status, the city welcomes everyone with a warm heart.


Infrastructure & Connectivity
Apart from the first ever metro network in the country, Kolkata boasts of commendable infrastructure development since the arrival of British. One can see seamlessly connecting roads, trams, flyovers and world-class buildings that would leave you awe-struck with their magnificence. While the Netaji Subhas Chandra Bose International Airport connects it to the world, the Indian Railway network offers it seamless connectivity to various parts of the country. The city boasts of innumerable medical healthcare institutions with around 48 government and 300 private. Apart from that, the city is also a home to several education institutes and shopping malls that complete its look.


The population of Kolkata has seen a tremendous growth over the past few decades. The population has touched the mark of 5 million in the year 2016. This increasing population has made Kolkata achieve the 7th rank in terms of most populous cities in the country. The city has 928 females on account of every 1000 males. With an average literacy rate of 86.31%, as recorded in the Indian census 2011, Kolkata seems pretty good when compared to other cities.


Life Style
Kolkata is regarded as an educational hub as it houses a number of universities and colleges. Thousands of students flock this city to pursue their higher studies. The city has countless chilling and entertainment options to suit the lifestyle of all its dwellers. There are a number of malls, shopping complexes, multiplexes, amusement parks, nightclubs, hotels and historical monuments to keep you attracted to the city. It also has many sports complexes and theaters to keep the spirit of sports and culture alive.


Key localities in Kolkata
The face of Kolkata has changed over the years. While some localities boast of fresh world-class infrastructure, other areas still reflect the rich heritage of the city. There are excellent real estate deals for residential as well as commercial property in Kolkata. Some of the localities where we can find Kolkata properties for sale are: New Town, Rajarhat, Garia, Behala, Tollygunge, Dumdum, Salt Lake, Baguihati, etc.


Real Estate Market
Builders of the city play a great role in giving it a world class look. There are numerous builders in Kolkata who have contributed in Kolkata’s development. Some of the main builders who offer excellent real estate for sale in Kolkata are listed here: Ambuja Neotia, Unitech, TATA Housing, DLF, Elita Homes, Godrej, etc.


Projects in Kolkata
The city has seen a drastic change in terms of living standards in the past few decades. There are countless projects that are being developed by the eminent builders of the city to add stars to real estate in Kolkata. Whether you want to buy commercial property for your business needs or residential property for your living, Kolkata has it all. You can find an array of property for sale in Kolkata as per your needs; from luxurious villas to decent flats.


Govt Projects in Kolkata
The West Bengal Housing Board comes up with several housing schemes to offer affordable housing facility to all the dwellers. Many times they even organize sale of flats by lottery as it was done in the year 2015. The Sankalpana Housing Project, WBHB Himalaya Kanya, Phase-III Housing Scheme are among the current projects in the city. West Bengal Housing Board Sunray HIG Flats Scheme and Prantik HIG Flat Scheme are other upcoming government projects in the city to add to the Kolkata real estate. Hi! Searching for Property? Let's Chat