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 homebuyers 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.

  1. 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.

  1. 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.

  1. Access to products and items that are exclusively available in shopping 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 homebuyers 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.

Why Rajarhat is an Ideal Location For Living in Kolkata?

Have you moved to Kolkata recently and don’t know where to settle down? Still looking for the perfect place to reside in the City of Joy? If such is the case then Rajarhat will be the perfect place to reside at. Rajarhat, the upcoming neighborhood of Kolkata has witnessed immense growth and development at a faster and faster rate over the years. It is a township is a hub of all the sections, be it residential, commercial office or retail. Thus, this town can be the perfect location for you to be in.

Here are some reasons why it can be considered as the ideal location for living.

The primary plus point is the location. Easily accessible from Kolkata CBD via the VIP Road or the Rajarhat Road as well as being only 20 minutes drive from Netaji Subhash Chandra Bose International Airport.

Next comes the vast range of apartments that are on offer in Rajarhat. Along with the existing projects there is a plethora of upcoming new projects aimed at catering all price and size points of the buyers. These apartments offer all modern facilities and amenities.

The other important aspect which some buyers do not have under consideration while choosing a project is the availability of the banking and health care facilities. Rajarhat takes care of that too, almost all the esteemed banks including private and nationalised operates in Rajarhat. A number of hospitals provide multispecialty medical facilities. The renowned hospitals in and around Kolkata are also connected by a good network of transport.

Schooling is another factor that most of the buyers will be looking for while planning to buy their home at Rajarhat. Well, one need not worry about that as well. Rajarhat has got a number of reputed international schools to provide education to your child.

Last but not the least; the buyers would obviously look for the facilities that are available for their entertainment as well. Rajarhat has got a number of shopping malls, recreational parks, 5-star hotels, family parks, spas and multiplexes to unwind and break the monotony of daily life.

If you are looking for a property at Rajarhat, then One Rajarhat will definitely serve you well. This luxurious apartment offers  2, 3 and 4 BHK flats with numerous amenities. Right from a well equipped gymnasium to indoor game facilities, you name it and you have it all. Though the project is still under construction, but once completed, this apartment would assure to take your breath away. So, hurry up and make your dreams come true with One Rajarhat.

What are you waiting for? Go ahead and book your own nest at Rajarhat.

Amenities of Small Apartments to Attract Buyers

In the times of rapid growth and development where a great number of apartments are springing up each day, it is of utmost importance to look after the amenities that are provided in order to attract the buyers and also to gain an edge over the other sellers. Adapting with the changes that are occurring each day, it is to be kept in mind that the facilities that were once considered to be sophisticated and a matter of luxury, have turned out to be necessity.

 

Usually we discuss about amenities when we talk in terms of larger apartments or the 3 BHK flats. But we should not stereotype the very concept. Rather, we must also think about amenities when it comes to smaller apartments like the 1 BHK flats.

 

The most important thing is the storage facility. No matter how small an apartment is, the buyers should be provided with enough storage facilities. Walk-in-cabinets which was once supposed to be a matter of luxury, has turned out to be the most important thing in an apartment. These cabinets can be installed in the living room or the hallway that are oversized. This will give a lot of storage option to the one who will be buying the apartment.

 

The 2 BHK flats or the 3 BHK flats in Rajarhat are providing the buyers with excellent facilities. The smart lock installations are a treat to the customers who are tech savvy. These not only maintain your own privacy but will also make your apartment a far better one than the others.

 

We are often worried about where to park our cars! An apartment without proper parking facility is of no use these days, especially when we can’t do without private transports! A buyer will be attracted to a plot only if it can provide a parking area which is spacious enough to give room to their cars. Most of the apartments in Rajarhat have got these facilities. Be it a 2 BHK or a 3 BHK flat Rajarhat offers all its buyers with a parking facility!

 

While making it more attractive to the customers with the amenities offered, the apartments of Rajarhat are designed in tune to the requirements of 2 BHK flats and the 3 BHK flats. So, whenever you choose to buy an apartment in Rajarhat, always choose a project having all the facilities you wish for. One Rajarhat will shape your life for good and would provide the best possible facilities at the very best location of New Town Rajarhat!

Standalone Buildings Or Gated Complex- Which One Should You Opt for

When it comes to buying a home, the first thing that often crosses our mind is that whether we should opt for a standalone building or a residential complex. While the majority nods for the latter, considering its benefits, there are still few buyers having  a strong affinity for standalone buildings. This is because a standalone building is apparently economical than the residential complex. In spite of this fact, there’s a major shift towards residential complex. Let’s take a look at the reasons behind this growing popularity of the complex apartments.

While the residential complexes have garnered quite a demand, the standalones witnessed steep demand depreciation in the current financial year. Apartments in the gated complex remained the most preferred category across different zones in Kolkata. Flats in Rajarhat New Town and other city fringes have acquired quite a high demand as most of the housing projects in these areas are gated complex.

The Primary Reasons for the Shifting Preference

However, the primary reasons of why homebuyers are opting complexes are discussed below:

  • While budget is often a deciding factor of a home buying decision, it’s also true that the residential complex like One Rajarhat is offering the buyers a world of amenities, which is otherwise unavailable in the standalone buildings. To increase the convenience quotient of your standalone apartment, you need to spend an extra amount, which is often close to the price of a residential complex. From this perspective, a residential building certainly deserves a higher degree of preference.

 

  • The fittings and fixtures generally provided in a standalone building is inferior to that of a complex as number of flats is much higher in a complex resulting in bigger procurement orders and better deals.

 

  • The gated communities/complexes offer the inmates a great luxury of common space along with improved security measures, which is unavailable in the standalone buildings.

 

 

  • Residential complexes usually come with the collective facilities ensuring ease of life. Apart from having amenities like swimming pool, piped gas, clubhouse, gymnasium, ample car parking, multipurpose courts, indoor play areas, Yoga/Meditation rooms, rainwater harvesting, gardens, RO water system and intercom facility for each apartment, along with 3 Tier security that give you the assurance of safe and secured life.

 

The kind of amenities available in complexes majorly draws the attention of buyers. What’s more important is that the inhabitants do not need to deal with the everyday issues related to basic facilities such as water, electricity and sewerage.

Roaring Rajarhat: The Second Financial Hub of Kolkata

Keyword: One Rajarhat

At the pace at which Rajarhat is attracting investments it goes without saying that it has emerged as one of the financial and legal services hub in the country’s. The location is said to have allocated 100 acres in the Commercial Business District Zone of New Town. Since 2012 when the first foundation stone was laid for empowering Rajarhat as a financial hub, the journey has been dynamic and strong.

Large Investments from Financial Legal and Educational Sectors

The fast growing centre has already attracted 22 financial institutions like State Bank of India, Bank of India, Allahabad Bank, Bank of Baroda, Corporation Bank, Canara Bank, Punjab National Bank, Syndicate Bank, The Institute of Chartered Accountants of India and West Bengal Financial Corporation to name a few. There are plans of drawing more strategic investors to the financial and legal services hub. A cluster of financial institutions will be involved in putting up the project. The Bench of the National Green Tribunal already functions at Rajarhat as their centre of Business and Arbitration. They aid people to conduct business without any legal hassles/conflicts.

State Bank of India ‎ is establishing a global training institute for banking and financial services at the Information Technology hub of Rajarhat. An investment of around Rs 600 crore has already been made. Bankers from emerging economies and from neighbouring countries will be invited for training purposes.

Top educational institutes like St. Xavier’s and Presidency Universities are coming up with their second campuses here.

Conventional Centre for Financial Upliftment

The Biswa Bangla Convention Centre is a 55m or 18 storeys tall structure that covers an area of 4.57 lakh square feet. The centre houses a mega conference hall, with seating capacity of 3000 along with a state-of-the-art conference facility. It also boasts of two seminar rooms, each with 376 seats, four banquet rooms and a 100 rooms hotel as annexe within the same campus. The convention centre also has a multi-level car parking facility. Bookings have already started for the convention centre.

Tourism Promoting Economy

Rajarhat has also acquired a tourism value. It is thronged by thousands of visitors over weekends and hundreds on weekdays to Eco-Park, Mother’s Wax Museum   Nazrul Tirtha. Once the convention centre is completed, tourists would love to stroll in the Bagjola canal which is a beautiful site in itself. The banks have been developed and a floating jetty will be constructed.

New Residential Projects adding to Economic Thrust

Rajarhat is witnessing growth in terms of high-end as well as affordable housing. New affordable housing projects are coming up in Action Area II   III which are in the range of Rs 30 to 70 lakh.

Action Area I is where most of the premium star hotels and residential projects are coming up ranging between Rs 65 lakhs and Rs 2.5 crores. Leading real estate developers like Unitech, Unimark, DLF   Anik Industries Limited are few of the prominent players with a major presence in the area. They are known for their upcoming projects in Rajarhat, out of which One Rajahat, by Anik Industries Limited which is surrounded by several star hotels in Action Area I, needs a special mention for the luxury along with convenience it promises to provide to homebuyers.

Rajarhat is garnering a lot of attention from NRI’s as well as owing to the availability of land in this upcoming financial hub. That day is not far when Rajarhat will be playing a strong role in sealing the country’s financial fate.

Summary: Rajarhat is set for nothing but growth with huge investments and strong financial plans.