Locations on the city’s outskirts are fast emerging as the nerve center of Kolkata’s real estate investment, delivering substantial returns over a medium to long-term time range. This is happening as areas for new development in core Kolkata dwindle with time. These regions, which have already attracted the attention of real estate investors, are quickly becoming viable investment locations. Better connectivity, access to basic infrastructure, and rapid growth all contribute to an increase in the “investment quotient” of these regions. To find your dream home, listed below are the best locations to purchase flats in Kolkata.
1. New Town
In the eastern section of the city of joy, Kolkata, you’ll find Newtown Kolkata, which is a bustling IT center with plenty of contemporary conveniences. Newtown is one of the best locations to purchase flats in Kolkata. The New Town Kolkata Development Authority is responsible for the meticulous planning that has gone into the development of Newtown Kolkata, in contrast to the majority of new regions in the nation, which grow in an unplanned way. Its design of it has been developed with efforts toward sustainability in mind at every stage. The area’s IT parks will soon be home to the headquarters of several well-known information technology companies. This location is quickly establishing itself as a new landmark for families who want to be close to their places of employment while also being encircled by amenities that are up to date with the needs of modern families. Due to this factor, New Town is quickly becoming one of the most popular areas among younger people and couples who are interested in purchasing an apartment in Kolkata.
2. Salt Lake
Another best location to purchase flats is Kolkata’s Salt Lake area. Kolkata’s skyline now prominently features Salt Lake. It is a dynamic community that has both physical parks and IT parks in equal measure. Nicco Park, which is entertaining for the entire family with its amusement rides, Salt Lake Central Park, which is famous for day excursions and birding, and Salt Lake Stadium, which hosts the city’s ultra-popular football matches, are all located in this neighborhood.
There are some of India’s most well-known technology companies located in Salt Lake Sector V. Near the workplaces are a wide selection of pubs and restaurants that cater to customers of varying tastes and budgets respectively. The region is home to a vast number of prestigious educational institutions, medical facilities, shopping centers, and other types of entertainment venues. People who are wanting to find a happy medium between being immersed in nature and having access to contemporary comforts will find that this location is ideal.
It has been thoughtfully designed and is conveniently linked to the rest of the city by way of the EM Bypass and NH-34. There is a link to the rail network at the Bidhan Nagar Railway Station, and the international airport is just a short car ride away.
IIM Calcutta is located in Joka, an up-and-coming neighborhood in the southwest part of Kolkata. Joka is well recognized for being the location of one of the country’s most prestigious educational institutions. It lies near Behala, which is one of the commercial and industrial centers of the city. It is well linked to the commercial areas of downtown Kolkata, such as BBD Bagh, Park Street, and Esplanade, which are all an easy drive away, via the Diamond Harbour Road, James Long Sarani, and Mahatma Gandhi Road. Even the technological epicenters of Salt Lake Sector V and Newtown are not difficult to get to. The soon-to-be-completed Metro Line 3 will contribute to an increase in the area’s level of connectivity. It may be accessed through a good number of the city’s bus lines. The neighborhoods of Thakurpukur, Pailan, Sarsuna, and Barisha are considered to be among the most notable in all of Joka. This region has a rich diversity of residential communities, commercial establishments, and dining establishments. The locals may make use of the area’s many first-rate medical facilities and educational establishments. It is situated near the information technology parks near flats in Newtown activity areas 1 and II, in addition to Salt Lake. The neighborhood is also close to the major international airport, and it is home to a large number of luxurious hotels and upscale retail centers. A business hub can be found at Rajarhat, which is located in the area. It is linked to the other parts of the city by a system of roads that have been recently improved, including the Biswa Bangla Sarani Road (National Highway 34), the Rajarhat Main Road, the New Town Road, and the Aliah University Road. The forthcoming Yellow Metro line will bring about an additional improvement in the connection. It is the best location for purchasing flats, again, because there are upcoming projects by PhRealtors in which you can find your dream home. They also have existing luxury homes- Godrej Seven. There you will have access to a state-of-the-art clubhouse, High Street Retail, and Alfresco Amenities, in addition to the 1.75 acres of vehicle-free Central Greens that are part of the rich environment.
4. E M Bypass
The Eastern Metropolitan Bypass (EM Bypass) is one of the most significant roadways in Kolkata since it links the more established sections of the city to the more recent and rapidly developing contemporary neighborhoods of Salt Lake, Newtown, and Rajarhat. Because it is a section of the state highway, it has excellent connectivity to the city of Kolkata’s several other road networks. It is simple to go to workplaces that are situated in information technology centers, as well as workplaces that are situated in Kasba Industrial Estate and Behala Industrial Estate that are well linked to the EM Bypass. The Netaji Subhas Chandra Bose International Airport is also located close to the EM Bypass. The EM Bypass may be reached by the Kolkata Metro at several different stations. EM Bypass is home to many distinct neighborhoods, including New Garia, Panchasayar, Kayalpara, East Balia, and Fartabad. In addition to upscale hotels and retail districts, this neighborhood is home to a diverse assortment of commercial squares, office parks, and commercial estates. The EM Bypass is quickly becoming the highway to the new Kolkata as a result of the growing number of prestigious businesses that have chosen to situate themselves in this region. PhRealtors’s existing project Laguna on EM Bypass will make your dream come true. This residential development in EM Bypass, Kolkata East consists of two-bedroom, two-and-a-half-bathroom flats, and it offers you the very best of both worlds, in terms of aesthetic quality and quality of life. Facilities such as the Banquet Hall and Card Room are among its other distinctive attractions. Such projects make the place one of the best locations to purchase flats in Kolkata.