Kolkata, the cultural epicentre of India, is not only rich in history and traditions but has also gained recognition as a promising real estate investment destination. Investing in a residential plot in Kolkata provides investors with a myriad of advantages and opportunities to capitalise on the city’s economic growth and development.
In this blog post, we shall explore some of the most thriving areas that bear a high potential for optimum returns in the dazzling city. However, before we delve into the same, let us unveil a few more impeccable reasons to invest in a residential plot in Kolkata.
Why Invest in a Residential Plot in Kolkata?
With the influx of multinational companies and IT hubs, Kolkata has witnessed rapid urbanisation and a steady surge in the demand for housing. Affordability, seamless connectivity to major establishments, and a plethora of new residential projects have made it a lucrative option for investors and home buyers.
Besides being a most sought-after investment destination, Kolkata’s residential properties unlock a unique mix of world-class amenities, ambience, and diverse living experiences that cater to the modern lifestyle preferences of potential residents.
By investing here, real estate enthusiasts can anticipate fuller returns due to favourable government policies, the growth of corporate and commercial sectors, and ever-increasing rental yields. Plus, with mortgage rates at an all-time low, and excellent project developers offering effective payment plans, investing in residential properties in Kolkata couldn’t be more profitable.
Top 6 Areas for Investing in a Residential Plot in Kolkata
Investing in any of the prime residential locations in Kolkata discussed below is a financially rewarding decision.
#6 Behala
Behala is one of the steadily thriving suburbs in Kolkata and is known for its historic abundance and the magnificent living experience that it offers to its residents, making it a well-liked residential plot in Kolkata.
On the one hand, the area is home to the beautiful State Archaeological Museum, showcasing regional artefacts from Stone Age tools to mediaeval miniature paintings. While on the other hand, it has a range of amenities, including popular parks like Parnashree Vivekananda Kanan, Senpally Park, a large boating lake, and children’s play equipment.
The compact Behala Airport with a flying club and chartered helicopter rides is yet another highlight of Behala. The locality also houses a robust industrial area featuring numerous renowned factories, generating plenty of employment opportunities for residents.
#5 Dum Dum
Dum Dum is another prominent residential area in central Kolkata and is famous for its affordable residential plot in Kolkata. It is home to West Bengal’s only international airport, the Netaji Subhash Chandra Bose International Airport.
It also boasts a bustling marketplace where locals can procure fresh daily produce, enhancing its appeal as a sought-after residential location. It is primarily preferred for its outstanding transport and commute facilities and its seamless connectivity to the rest of the city.
#4 Bhawanipur
Situated south of AJC Bose Road, Bhawanipur is a historical neighbourhood in Southern Kolkata. It offers multiple commute options, including, metro, railways, and buses, allowing people to experience an effortless to and fro. This area is also valued for its many esteemed schools and colleges, attracting both families and individuals of all age groups.
Moreover, several celebrities and affluent business families also reside here further boosting its status as an elite residential location. This also results in an added value to the properties, making it a great choice from the investor’s point of view
#3 New Alipore
New Alipore, an extension of the Alipore neighbourhood in Kolkata, is renowned for its well-planned design and proximity to other popular areas such as Tollygunge, Behala, and Kalighat. In addition to auto rickshaws and buses, commuters also have access to two railway stations, namely New Alipore Railway Station and Majerhat Railway Station.
Additionally, the location offers the convenience of being within walking distance of India’s largest library, The National Library of India. There are also several restaurants in the vicinity, including Zayka Restaurant and The Quince Restaurant, making it a perfect home for families to hang out during weekends.
#2 Ballygunge
Ballygunge is best known for its high-end vibe with affluent property buyers, including high net-worth individuals and non-resident Indians residing here.
The area has a wide array of amenities, including malls, schools, hospitals, etc., delivering a wholesome residential experience to its people. Some of the most remarkable ones are Kendriya Vidyalaya, Army Public School, Quest Mall, Institute of Business Management and Research, Apollo Gleneagles Heart Center, and Fortis Hospital and Kidney Institute.
Besides, its close proximity to the best connecting roads, Birla Mandir, and the Institute of Child Health further makes it an alluring destination for both investors and home buyers.
#1 Residential Plot in New Town
New Town is an expertly planned and rapidly developing IT hub in Kolkata. With an impressive blend of residential, commercial, and institutional spaces, this tranquil and well-maintained area offers a mesmerising escape from the hustle and bustle of city life.
Here are some of the major highlights that make it the best residential property Investment choice!
- Exceptional Infrastructure & Connectivity
As a planned satellite city, New Town is characterised by well-maintained and clean roads, India’s first Wi-Fi road connectivity, and efficient transport options like buses, cabs, and rickshaws. The area is also connected to the upcoming Kolkata Metro and is at a meagre distance of about 8 km from the airport.
- Secure Residential Complexes
New Town features a variety of residential high-rises and gated communities, with Action Areas I & III as the primary hubs of development. And of course, the extravagant residential township project of Ujaan Nagar spanning over 100 acres is calling the attention of every potential home buyer and investor, who is looking for a luxurious, serene, yet greatly connected place to live in.
- Ideal Location for Professionals & Students
The proximity of New Town to major IT hubs, MNCs, government offices, and esteemed educational institutions makes it an optimal choice for working professionals and students pursuing higher studies.
- Wide Range of Amenities
The area’s residential projects offer state-of-the-art facilities such as spas, gyms, banquet halls, skywalks, jogging tracks, and lush green spaces. These amenities cater to the needs of all family members, making New Town the perfect place for families to create cherished memories.
Buy the Best Residual Plot in New Town with Ujan Nagar Township Project
The 100+ acres township project in Ujan Nagar, New Town lets let’s one choose from a versatile array of plot arrangements and measurements varying between 2 to 5 Katha as per the requirements.
Investing in a residential plot in New Town is a wise decision, thanks to the attractive price appreciation potential, outstanding connectivity, and the trusted team of Sri Sai Ujan Nagar every real estate investor can count on. Buy the best-in-town residential plot in Kolkata, now! Contact us for further details.