Kolkata, the City of Joy, is witnessing a surge of new residential projects in recent years. Many reputed builders and developers are launching their ambitious projects with modern amenities and features in the city.
Here are the top 5 upcoming residential projects in Kolkata:
1. DTC Capital City: DTC Capital City is a premium residential project located in New Town, Kolkata. Developed by the DTC Group, it offers luxurious apartments and villas with state-of-the-art amenities and world-class infrastructure. The project is spread across 10 acres of land and offers 2, 3, and 4 BHK apartments, along with 4 and 5 BHK villas. The apartments and villas are designed to provide spacious and comfortable living spaces, with a focus on natural lighting and ventilation. The project offers a range of amenities, including a swimming pool, gymnasium, clubhouse, kids’ play area, landscaped gardens, and more. DTC Capital City is located in close proximity to the airport, business districts, shopping malls, hospitals, and schools, making it an ideal location for families and working professionals. With its premium features and prime location, DTC Capital City is a great investment option for those looking for luxury living in Kolkata.
2. PS Vaanya: PS Vaanya is a residential project located in Rajarhat, Kolkata. Developed by the renowned PS Group, the project offers luxurious 2, 3, and 4 BHK apartments with modern amenities and facilities. The apartments are designed to provide spacious and comfortable living spaces, with a focus on natural lighting and ventilation. The project offers a range of amenities, including a swimming pool, gymnasium, clubhouse, landscaped gardens, kids’ play area, and more. PS Vaanya is located in close proximity to the airport, business districts, shopping malls, hospitals, and schools, making it an ideal location for families and working professionals. With its premium features and prime location, PS Vaanya is a great investment option for those looking for luxury living in Kolkata.
3. Godrej Orchard: Phase 2B is a premium residential project located in the heart of North Kolkata. Developed by Godrej Properties, one of the most trusted and renowned developers in India, the project offers luxurious apartments with state-of-the-art amenities and world-class infrastructure. The project is spread across 6.8 acres of land and offers 2, 3, and 4 BHK apartments with sizes ranging from 700 sq. ft. to 1900 sq. ft.
The apartments are designed to provide spacious and comfortable living spaces, with a focus on natural lighting and ventilation. The project offers a range of amenities, including a swimming pool, gymnasium, clubhouse, landscaped gardens, kids’ play area, and more. The project is also equipped with advanced security features like 24/7 CCTV surveillance and manned security.
Godrej Orchard Phase 2B is located in close proximity to the airport, business districts, shopping malls, hospitals, and schools, making it an ideal location for families and working professionals. The project is also well-connected to other parts of the city through various modes of transportation.
4. Shrachi Vicinia by Shrachi Group: Shrachi Vicinia is an upcoming luxury residential project located in EM Bypass, Kolkata. It will have 4 towers of 45 floors with around 1200 apartments. The project will offer 2, 3 and 4 BHK apartments ranging from 1200 to 3500 square feet. It will provide amenities such as swimming pool, gym, clubhouse, tennis court, squash court, lawn tennis court, basketball court and a cricket pitch. Shrachi Vicinia also promises a modern lifestyle with proximity to the airport, availability of metro rail, marketplaces, hospitals, and educational institutions nearby. The construction commenced in 2021 and it is expected to be completed by 2023. Shrachi Vicinia by Shrachi Group will be one of the most sought-after upcoming residential projects in Kolkata.
5. Merlin The ONE by Merlin Group: Merlin The ONE is an upcoming luxury residential skyscraper located in Salt Lake City, Kolkata. It will be a single tower of 65 floors with around 900 apartments. The project will offer 2, 3 and 4 BHK apartments ranging from 1350 to 4500 square feet. It will provide world-class amenities such as an infinity pool, sky lounge, gym, spa, squash court, tennis court, and a golf simulator. Merlin The ONE also promises a modern lifestyle with proximity to the airport and Sector V, availability of metro rail, shopping malls, and hospitals nearby. The construction commenced in 2020 and it is expected to be completed by 2023. Merlin The ONE by Merlin Group will be the tallest residential building in Kolkata offering a lavish lifestyle.
There are several reasons why investing in Residential Projects in Kolkata can be a good idea:
Affordability: Kolkata is known for its comparatively lower cost of living when compared to other major cities in India. This makes investing in residential properties in Kolkata more affordable for many people.
Booming Real Estate Market: The real estate market in Kolkata is witnessing a steady growth due to the increase in demand for residential properties. This trend is expected to continue in the coming years, making it a good investment opportunity.
High Rental Yield: The rental yield in Kolkata is among the highest in the country, making it a popular choice for investors looking to generate income through rental properties.
Growing Infrastructure: Kolkata is undergoing major infrastructural developments, such as the expansion of metro rail services and the construction of new flyovers, which will improve connectivity and make the city more accessible.
Cultural Hub: Kolkata is known for its rich cultural heritage and is home to several famous landmarks, museums, and art galleries. This makes it an attractive destination for people looking to live in a city with a unique cultural identity.
