Rajarhat, The Most happening real estate zone of Kolkata
Rajarhat has recorded real estate numbers during the past year which no other cities in Kolkata couldn’t. The region witnessed the most number of launches during the initial half of 2017 and thereby contributing 36% to the overall launches. Where these launches took place? Well, it’s all within the growth regions of the city where the scope for infrastructural activities looks very good. Prominent names in the real estate industry like GPS Group, Pasari Group, Sreema Vision, and others are doing a fine job in supplying housing units well within the affordable category. Locations such as Narendrapur, Garia, and Baruipur in the southern region of the city, and Barrackpore, BT Road in the north have earned the greater interest of developers and buyers.
A report suggests that the rate of residential unit launches improved a significant 7 percent and the sales saw an improvement close to 11 percent. If these figures have anything to say, it’s the region’s increasing popularity as a real estate hub. On average, a user spends Rs 4,493 sq ft to buy a flat in Rajarhat. The fact that Rajarhat is a planned township proves advantageous for carrying out developments in infrastructure. It’s divided into three zones, namely Area-1, Area-2, and Area-3.
Area 1 houses a large number of malls, commercial and residential spaces, whereas Area 2 consists of employment hubs. Area 3, on the other hand, holds high-rise residential buildings in plenty. Needless to say, the connectivity is also good as you would expect in a planned place. Moreover, the planned phase of phase development has really helped Rajarhat in its real estate glory. It attracted a different segment of peoples and it has what has driven the demand for residential properties in Rajarhat. And understandably, it tops the list of localities with prolific demand for housing units. With everything looking well and good, the locality is set to witness growth in this calendar year and the preceding 3-4 years. If you’re looking forward to buying/invest in a property in a place which will yield you fruitful returns, then Rajarhat certainly is a safe bet for investment.
A report suggests that the rate of residential unit launches improved a significant 7 percent and the sales saw an improvement close to 11 percent. If these figures have anything to say, it’s the region’s increasing popularity as a real estate hub. On average, a user spends Rs 4,493 sq ft to buy a flat in Rajarhat. The fact that Rajarhat is a planned township proves advantageous for carrying out developments in infrastructure. It’s divided into three zones, namely Area-1, Area-2, and Area-3.
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