Month: July 2018

5 Things you Can't Ignore While Searching for a Flat in Kolkata

If you are new in the real estate market of Kolkata with an intention to buy a living space in the city, a lot of things should be taken into consideration. In the first place, you need to keep in mind that plenty of projects are coming up across the city. From affordable to premium, the developers are targeting a comprehensive customer base at the same time. Quite obviously, finding a residential project that aptly fits your preference is no more a big deal. But, there are certain things which you should not ignore while searching for a flat in Kolkata.

Evaluate your requirements: If you are a buyer, you must be perfectly aware about your requirements. Most of the time, we tend to look for king size apartment, considering space as the only determining factor. In some cases the list of requirements includes big garden, calm locality, modular kitchen and that too at an affordable budget. But, keep in mind that ascertaining your needs is important, so that you don’t end up making a wrong decision and shell out a fortune to own your home.

New or resale– which one will serve your purpose: Another significant factor is to decide and evaluate whether a new or resale flat will serve your needs and lifestyle. Resale properties are usually priced less in comparison to new properties. But, you need to make sure that the property is in good condition and you do not need to invest a lot for renovation. If this is the case, it’s wise to buy a new property. You can also opt for an under construction property with a good social infrastructure for affordable price range.

Availability of amenities: This is an important factor to consider before making an investment. Unless you get all the amenities that make life comfortable in a residential complex, there’s no point in making such a big investment. Apart from the convenience amenities like gym, swimming pool, recreation centers & kids’ play area, security & surveillance systems, you also need to make sure that you have an access to a range of civic amenities. The idea is basically to make sure that you don’t need to venture out for socializing.

Right location should be your priority: This is one of the most complicated aspects of property buying and you simply can’t ignore this part. Like every buyer, you must be having your own set of preferences, which may include the distance to work space, school, proximity to bus stops, metro stations and so on. Make sure that the place, where you are buying a flat is well connected with the rest of the city.

Check out developer’s credentials: Prior to making any investment, make sure that you have closely reviewed the property market and the reputation of the developer. The checking process must include the evaluation of the market presence of the developer, status of his past completed projects, his credibility on project delivery, and off course the customer reviews from the past.

Make a note of these pointers, so that you can keep these in mind while searching for a property in Kolkata.

The Perks of Staying Close to Malls

Getting an apartment is often the first choice of most of the people looking for investment in real estate sector. But, you must get it right. Several factors come into play while making a decision and location of the property is one of them. To a large extent, the profitability of your investment depends on the location of your property. That’s why an urbanized area having all sorts of civic amenities is always preferred.

Nowadays, there’s a growing tendency among the home buyers to invest in a property close to shopping malls. It’s indeed a great idea, considering the many different advantages offered by such a location. Let’s take a look why the properties near shopping malls are in high demand.

  1. Access to Entertainment and Recreational Facilities

The area close to shopping malls boasts of a plethora of amenities including recreational facilities galore. With plenty of convenient amenities, malls are becoming a lot more than simply a shopping center. Nowadays, it is a complete entertainment hub where people can chill out and have fun. If you are staying close to the popular shopping malls in the city, you don’t have to travel far for your daily dose of entertainment.

 

 

 

 

2. Living at the heart of the city

Mostly shopping malls are located at the heart of the city. So, by staying near shopping malls you are actually staying at the center of activity. Basically, your apartment near a shopping mall keeps you close to the most happening part of the city with schools, main road, business centers etc.

3. No Problem with Public Transportation

As mentioned earlier, an apartment near shopping malls keep you right at the heart of the city. Quite obviously, in such a location, you do not have to deal with transportation problems. Such areas remain well connected by transport and communication networks. In Kolkata, the flats near City Centre 2 are in high demand as they are situated in a strategic location. The region is so well connected with rest of the city that you can seamlessly travel across the city whenever it is required.

4. Access to products and items that are exclusively available inshopping malls:

There are certain products which are essentially available in the signature stores. For example, some premium brands of soaps and shampoos are not available in small local store. You have to go the brand’s signature store to buy these. But, with a shopping mall close to your space, you do not need to go far to procure that product right from the mall itself. And the whole experience is fast and comfortable.

Last but not the least, a flat near shopping mall generally gets a high resale value. A world of convenience right within a few minute’s access certainly makes your lifestyle seamless and stress-free. No doubt, the upcoming flats of Rajarhat, especially the ones close to City Centre 2 attract higher sale value.

A Smart Life At Rajarhat – Lifestyle At The New Smart Destination In The City

The City of Joy is changing fast and Rajarhat is the new favourite hotspot. What started off as an ambitious project to expand the reach of the city lifestyle and facilities, has almost become a reality today. After Salt Lake, it was the turn of Rajarhat and New Town region to go through metamorphosis and emerge a new leaf, a smart region within the Bengal capital. So, how is the lifestyle in one of the most happening parts of Kolkata?

A modern abode close to nature

One of the major complaints of those living the modern lifestyle in the metropolitans across the country is how far we have come from nature. A glimpse of green patch even in Kolkata seems to have become a luxury. Not to mention, the chaos of the city life following the residents everywhere like a haunting spirit. Rajarhat offers the perfect recluse away from all of these.

A large section of Rajarhat is covered in greenery and it offers the amazing feeling of staying in the lap of nature. However, that’s not all. The smart region has the finest residential apartments enabled with the most high-tech and modern amenities and facilities. The residents get to enjoy staying close to nature without having to give up on the luxuries and convenience of staying in a modern city.

A well-planned delight

One of the beauties of Rajarhat lies in how beautifully the entire development is planned in phases. There are areas marked out for the commercial purposes and then there are those meant for residential apartments only. The well-planned smart space makes it a lot easier for residents to commute within, as well as, in and out of the area. And, a planned model definitely adds to the aesthetics of the place.

From work to leisure – all at one place

Rajarhat is the new destination for business development in Kolkata. Almost every major IT firms and companies have bases in the smart spot of the capital. As new businesses look forward to setting up their office in the city, New Town in Rajarhat seems like the best place to do so. Not only does it have enough spaces at affordable rates, the modern facilities and amenities means that next-gen businesses can easily scale-up and transform their models to remain in the competition without having to spend a fortune on infrastructure development.

However, the boon of smart tech is not just enjoyed by the commercial players alone. The residents have access to some of the finest facilities and amenities as well. From greener energy sources to providing the best residential apartments fitted with modern day techs, Rajarhat has it all.

The best part is that they are all placed close enough for the residents to enjoy the convenience of going to their work without having to beat the traffic of Kolkata. Moreover, Rajarhat comes with its own set of leisure activities. From shopping malls to multiplexes, the Mother’s Wax Museum, Eco Space, and the 500+ acres Ecopark and many other options provide the much-needed break from the monotone of work. And, yet again, everything is a few minutes away.

Pros and Cons of Living Near the Airport

One of the places that crosses our mind when we talk about the premium flats in Kolkata,  is definitely the area around the airport. Lately, there’s been quite a growth in the real estate sector.  A number of  high-end luxury  flats and  apartments  have come  up  in  this  region.  Moreover, with the rapidly growing pace of civic conveniences, real estate developers are taking interest in this area.  No doubt, the area near airport has become the home to a number of finest and most luxurious apartments of the city.

But, the question is whether it’s a wise investment? To find the answer, we have to dig both the pros and cons of living in this area.

Basically there are plenty of preconceived notions about living in the areas close to the airport, which is why the area remained ignored by most of the real estate owners. However, there scenario is changing pretty fast. Increase in knowledge and awareness among the end users has created a favourable environment for the city’s real estate developers who have started focusing on the areas close to the airport. But, let us not jump to any conclusion. A better way is to weigh the pros and cons and take the final decision.

Pros of Buying Flats Near Airport in Kolkata

  • Advantage for Frequent Fliers – This point hardly requires an elaboration. Staying near the airport cuts down the total journey time to and from the airport as well as on the cost associated with the journey. Any frequent flier will love to own a flat near the airport considering the ease of journey. And if you happen to be one, then there is no better deal available for you.
  • Better lifestyle – As mentioned earlier the high-end premium flats near airport are designed for the up-scale people having finer taste and prefer a good lifestyle. Over the past few years, there’s been a surge of home buyers in this area. With the number of residents increasing rapidly, a number of premium shopping malls, various stores and entertainment centres start coming up close to these flats. As a result, you can have easy access to the civic conveniences which are otherwise unavailable if you live in the suburban area.
  • Higher resale value – Who would not think of good deal of profit especially when it is a real estate investment? From this perspective, a flat near the airport certainly offers a great resale value than the flats in other areas of Kolkata. Depending upon the location, the various parts close to the airport are growing in demand and thus the real estate property values are soaring high in the airport region. So, it can be easily perceived that if you ever need to sell out your flat, rest assured, you should find a great deal.

Cons of staying near the airport in Kolkata

  • A Slightly High Price – With NRIs and HNIs investing generously in the premium flats of the region, it does not come as a surprise that the prices of these flats are skyrocketing. You will probably be paying quite a steep price for buying a flat in the region. However, there’s always a chance to earn it all back while reselling it.
  • Health hazard – You will need to endure the noise of airplane if you are staying too near the airport. The noise can sometimes cause hearing issues. Choosing a property in close vicinity but not very close to the airport sorts out this problem.

What to do as customer?

As a potential buyer you should make sure that you are choosing the right location or paying the right price. Try to get some authentic information from internet as well as from your acquaintances before making any investment.