When compared to other property buying destinations in India, Kolkata is quite affordable and also sustainable. If you are planning to buy a house, 2022 is the right time. At present, the home loan interest is high, but it is being said that it might get another hike by the end of September.
So, you should start shortlisting properties or real estate developers who offer the best development projects. Always look for a project that offers the best home loan assistance and the lowest price without any brokerage.
The most in-demand areas in Kolkata are near the IT sector, which has become a major investment area for the residential market. So, if you are looking for the best flats in Kolkata, then here are 5 promising locations in 2022.
Other than these, you must consider – a sophisticated area with good transport facilities and other basic amenities, and also keep a keen eye on your budget while buying a flat in Kolkata.
New Town/Rajarhat
This area is called the future of IT sectors and has been developing at a very fast pace. At present, it is part of the eastern micro-market, but it will soon get height, owing to well-planned growing industrial sectors. It also has improved public transportation and network connectivity.
At present, real estate is considered this area to be a golden hub for investment. So, this smart city would be your best bet if you are looking for a residential place near a commercial corner. Further, you can also spot hospitals and schools around it, and the resale value of flats is quite high in this area.
EM Bypass
If transportation or connectivity is your priority, then you can buy a flat in this area. It offers a connection to the highway, which connects North and South Kolkata. You can easily reach Salt Lake as well as New Town by choosing the best flats in Kolkata. Further, the proposed metro plans would surely be an asset in the future.
You can witness innumerable property growth and development in and around EM Bypass. Along with this, you will also get the basic amenities such as an educational institute, healthcare facilities, and restaurant, which make it an ideal place for socialites.
Madhyamgram
If you are looking for a place in the suburbs of Kolkata, then this area is well connected to railways and key nodes of the city of Kolkata. The most important road connectivity is the Jessore road which connects you to the Kolkata airport. Further, the BT road links this area to the heart of Kolkata.
Madhyamgram area has well-known schools, hospitals, and research centers, and recently there has been a huge transformation due to the development of several shopping malls. Thus, these not only take you away from the crowd but also provide all the smart amenities to maintain a lifestyle, making this area a good bargain for your dream flat.
Behala
This is the most popular area in South Kolkata, and it also has good connectivity with Bidhan Nagar, Howrah, Sealdah, and Park Street, which are the peak areas of Kolkata. You can get public transport at any time of the day, and the airport is only 28 km from Behala.
It is quite accessible for offices in other parts of Kolkata, such as Bidhan Nagar, Howrah and Sealdah, making it easier for working professionals to travel to work. Moreover, the Majerhat Bridge is known to bridge the commercial and residential spheres. If you are looking for the best flats in Kolkata, then Behala should be your first choice.
Uttarpara
If you want to cut the hassle and buzz of the city and move towards a more pleasing and calm area, then this area would be suitable for you. This area is located near Hooghly and would be a perfect match if you love being close to nature. So, enjoy the atmosphere and go through the cultural heritage that Uttarpara is associated with.
This area is developing, and many industrial hubs have expanded their base in this locality. You can easily get the civic amenities sorted, along with well-connected bridges to Kolkata and Howrah. Other than transport you can also get quick access to the public transport system. The airport is also located within driving range. The educational institutes have been there for years, making them a valued part of Kolkata’s educational system.
Peak areas to consider for buying residential property in Kolkata
If you are considering the overall view, then let’s sum it up for you. We have sorted the best locations in terms of different regions of Kolkata –
North Kolkata – Get the best flats at BT road, which includes Dunlop, Baranagar, Sinthi, Dum Dum and rounding areas of Jessore road.
South Kolkata – You can opt for Narendrapur, Garia, Thakurpukur, Joka, Behala and Kasba.
East Kolkata – The prime locations are New Town, and Rajarhat.
Central Kolkata – The best residential properties are at Park Circus, EM Bypass and Topsia.
Reasons for the growing demand for 3BHK flats in Kolkata
There has been a need for 3BHK flats to get a grip on a comforting living style. Owing to the pandemic, people had to shift completely indoors and continue work from home. Even though the lockdown situation has ended, working individuals continue a hybrid work mode.
So this has stimulated the need for more room for entertainment, work, exercise and leisure time. With the introduction of 3BHK, living has become quite relaxing. These flats also provide the perfect environment to spend time with family.
Nowadays, most of the special residential properties provide greenery and a relaxing lifestyle to match the industrial and commercial space. In these properties, it is quite common to expect a yoga room, badminton court, reading zone, lawn, swimming pool, gym etc.