Home Buyers: Know the top affordable localities in Kolkata

Buying property in Kolkata comes with many benefits. In fact, in recent times, many suburbs in Kolkata emerged as top localities where hundreds of new residential launches took place in the last 5 years. With infrastructural developments and Government initiatives, Kolkata has seen a huge upsurge in the residential real estate market majorly in the affordable housing one.

Top affordable localities Kolkata

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Also if we go by the latest data, most of the recent launches took place in this segment only. So, check out some top affordable localities to invest in Kolkata:

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NICE Ring Road: An emerging commercial hub in Bangalore

Commonly known Nandi Infrastructure Corridor Enterprises Road or NICE Ring Road is a 4 to 6 lane private expressway that joins two major cities of Karnataka i.e. Bengaluru and Mysuru. The Ring road is also officially called as Bengaluru–Mysuru Infrastructure Corridor (BMIC) and is a combination of the Peripheral road (41 km), an Expressway (12 km) and a Link Road (9.1 km).

Bangalore-Mysore-road

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In the last few years, many infrastructural developments have improved the commercial realty market of this region with many MNCs and IT/ITes companies shifting their base here.

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Homebuyers: Know Top 5 Residential Localities in Kolkata

Kolkata has seen a spurt in the residential real estate market in last few years. With back to back infrastructure developments and changing trend in the property market many ne suburbs have emerged as a preferred residential location among home buyers. Micro-markets like Newtown, Rajarhat, Narendrapur, Garia, etc. are among the top localities offering seamless connectivity, better returns, and affordable as well as premium developments in Kolkata.

Residential Localities in Kolkata

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Properties in Jakkur emerges as hotpsot among affordable home buyers

Jakkur is a well-developed suburb located on the eastern side of the NH 44 between Yelahanka and Hebbal, part of Northern Bengaluru. The demand for properties in Jakkur has grown rapidly, mainly in the affordable housing segment in recent times.

Properties in Jakkur

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Due to increasing property rates in Bengaluru, now property buying has become much difficult especially for first-time buyers. However, properties in Jakkur offer a great deal to first time home buyers due to the presence of affordable homes, superior connectivity and proximity to Hebbal Tech Park.

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Properties in Nallagandla: A Hotspot in West Hyderabad

Nallagandla is one of the most popular localities in the West Hyderabad which has become a hotspot for residential investment in recent times. Due to its smooth connectivity to other parts of the city and presence of several IT companies, Nallagandla has seen an influx in the housing demand by many salaried class professionals.

Properties in Nallagandla

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Let’s take a look at some of the major factors which makes Nallagandla a realty hotspot:

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Properties along Noida-Greater Noida expressway all set to take over Gurgaon

The Noida–Greater Noida Expressway is a six-lane highway which connects Noida to Greater Noida. However, properties along Noida-Greater Noida expressway have taken steep growth in recent time due to fast developing infrastructure and other important facilities.

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Adjacent sectors to this belt are emerging as a premium residential hub offering both luxurious and affordable properties with world-class infrastructure. Thus, this region is giving a good opportunity for home buyers to reconsider investing in the residential developments here as compared to much expensive Gurgaon.

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I-Day Special: Biggest Milestones that transformed Indian real estate

As India is celebrating its 72nd independence, the country’s real estate market has witnessed a lot of changes in last few years. The market which was not consumer favourable once, today due to many policy reforms has become buyers and investor’s favourite. From affordable housing to technological advancements, Indian real estate has expanded its reach across every part of the country.

Happy Independence Day

Celebrating this Independence Day, let’s take a look on some of the biggest milestone, Indian realty sector has achieved:

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Virtual Reality: Reshaping India’s Real Estate Market

Today the use of technology in the real estate industry has increased up to a large extent. Not only had it helped in reshaping the whole realty world but also has transformed the buying experience of prospective home buyers. Among all the marketing gimmicks, Virtual Reality is one of the upcoming trends; today developers are focusing on, to woo homebuyers by adding the element of customization and personalization to any real estate project.

Virtual Reality

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Points to Consider While Buying a Home on the Basis of Sample Flat

India’s real estate market has completely evolved as a new sector from the past sometime. The reasons behind this growth are technology and competition. Also, the developers use multiple ways to attract the smart home buyers. Today, most of the aspiring prospects make a site visit to the plot or the under-construction building in order to witness how their dream home is going to look like. This ritual of visiting a site in order to buy property is not new, but the inception of Sample Flat at the site is something new as the construction-style has changed a lot in the recent times.

Sample Flat

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So, here are the things to consider while visiting a sample flat. But before that know what sample flat is?

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Categorizing Luxury in the Indian Real Estate Market

The real estate market of India has undeniably shown a tremendous growth in the past few years. Simultaneously, luxury homes have surpassed the expectations of the buyers by offering an international living standard.

When it comes to defining luxury homes, gone are the days when their standard was judged on the basis of integrated facilities. The time has come when apart from modern amenities, the buyers are looking forward for a branded address and much more. The primary reason of such preferences is that the residents of India are getting influenced by international lifestyle. However, on the basis of preferences, the real estate builders are defining luxury in various categories.

Categorizing Luxury in the Indian Real Estate Market

These are as follows:

Branded Homes:- Indian real estate developers are getting associated with the reputed brands to offer a premium property. For example, Home & Soul collaborated with Fashion TV and launched branded residence in the name of F Premier in Greater Noida. Similarly, there are many more reputed builders that are emerging with the branded residences to offer a quality living standard. [Read more…]