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Ongoing Housing Projects In Kolkata has demand for Residential Projects in the city. Rajarhat, the satellite township of Kolkata, accounts for the hottest current real estate factor in Kolkata. Rajarhat, the satellite township of Kolkata, accounts for the hottest current real estate factor in Ongoing Residential Projects In Kolkata . The projects are the result of joint sector development in Rajarhat. Highland Park developer United Credit Belani Group (UCBG), South City Projects consortium member Park Chambers, and first-time entrant Bengal Shelter will try to allure customers for the sophisticated condominiums. UCBG Managing Director, Nandu Belani, lays his focus on architecture as his main element to attract customers. This should definitely move a variety of end users to buy apartments in Kolkata that is not supposed to offer much in terms of new real estate ventures. Kolkata properties will be esthetically contributing to the lifestyle element in these real estate projects. Ongoing Residential Projects In Rajarhat
have infused the once-jaded look of the city with swank residential apartments and commercial spaces with a bold message that, Kolkata has truly arrived. Buying apartments in Kolkata will not be a dream any longer as the project will see the first high-rise in the middle income segment with a 17-story structure. The higher income apartments will be housed in three 20-story towers. There will also be a double-story car-park. Of the 550 apartments, 50 per cent will comprise the LIG-MIG mix. Kolkata, earlier known as Calcutta, is the capital of West Bengal and the third largest metropolitan city of India. Kolkata holds a significant place in the history of India as it was the erstwhile national capital during the British rule. It is a vibrant city popularly known as the ‘City of Joy’. The city of Kolkata is a potpourri of new and old. firstkolkataproperties.com/ongoing-projects-in-kolkata-ongoing-construction-in-kolkata/ is all set to flourish with the West International City across the River Hooghly in Howrah, the first venture funded by foreign capital. Kolkata was considered to be one of the cheapest Indian cities but its real estate scenario has gone for a complete makeover. Kolkata real estate is on a progressive track as large scale developments have been taking place in the city. Kolkata property market is buzzing with activity as it welcomes new construction and re-developments. The new suburban hot-spots for real estate include Hugli, South Dum Dum, South Suburban City, etc. Kolkata may have become habitual of facing ups and downs in its real estate industry. First, withdrawal of Tata’s Nano project and then recession attempted to stagger the growing real estate of Kolkata. With the entry of Tata Motors’ Nano project, property in Kolkata was on an all-time high but after their unceremonious exit from the city, it was expected to fall. Recently Kolkata Real Estate sector took a high turn as many residential as well as commercial projects popped up. 2. The global downturn of the Indian economy caused ripples among the realty builders who were discouraged from further developments. Since the investors’ interest also declined, Kolkata real estate became almost stagnant. In the current scenario, real estate segment of Kolkata has supposedly started recovering. Commercial Projects Kolkata has become a concern of property investors. Kolkata – The City of Joy, has kept up pace and is still attracting investors. There have been considerable cost cuts during recession in real estate of Kolkata. The shrink in property prices by 5-20 % across the city and the offering of promotional schemes like EMI waiver created excitement among the prospective consumers. Some doubt if this keen interest in Kolkata investment avenues is due to the price correction or is it the recent spate of home loan rate cuts? Most in the industry believe that the combination of both the factors propelled end users to visit the fair. It is, thus, concluded that signs of sluggishness from Kolkata real estate, be it residential, commercial or retail have almost disappeared. Property prices in prime locations will continue to witness an upward trend, making it the right time to explore investment options in Kolkata realty.
Ongoing Properties In Kolkata gratified the in height the heavens.

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