In recent years, the Indian real estate market has witnessed a noticeable surge in the demand for 2 BHK (two-bedroom, hall, and kitchen) flats. This growing preference for 2 BHK units is not just limited to major metropolitan cities but is also evident in smaller towns and urban areas across the country. Several factors contribute to this trend, making 2 BHK flats the most sought-after choice for a wide...
According to the latest real estate report, luxury apartments are in high demand for premium living. It offers a blend of elegance, comfort, and convenience. Understanding the key features defining a luxury apartment is crucial for those seeking a premium lifestyle. These features enhance the living experience and significantly influence the property's value. In this blog, we will explore the...
The West Bengal government has declared the end of temporary relief measures for the real estate sector, which included a 2% reduction in stamp duty and a 10% decrease in the circle rate, starting from 1st July, 2024. These measures were initially implemented on October 30, 2021, to address the economic slowdown brought about by the COVID-19 pandemic and have been extended multiple times, with the final...
The real estate market in Kolkata has recently experienced a remarkable surge. The real estate report showed that property registrations especially in a residential complex in South Kolkata soared by 17% year-on-year growth. This significant uptick is indicative of several underlying factors, such as economic conditions government policies market trends, and consumer behavior. This blog delves into the...
New Alipore and Behala are prime locations for 3/4 BHK flats in South Kolkata. There are various residential options for a premium lifestyle such as Natura and Greenfield City by Srijan Realty. These residential properties stand out in the skyline and offer a life of comfort and grandeur. In Kolkata, everyone wants to own their home or flats where they can access all necessary amenities and maintain a...
In a significant ruling aimed at controlling unauthorized constructions and ensuring planned urban development, the Calcutta High Court has mandated that no building registration will be allowed without a sanctioned plan. This landmark decision reinforces the importance of adhering to approved building plans and highlights the judicial system's role in promoting lawful and organized urban...
We all have a dream of owning a home in the best location. Fortunately, living in the 'City of Joy' Srijan Realty, a trusted real estate developer in Kolkata offers a wide range of options for purchasing luxury flats in Kolkata at every point of the price range. However, finding the best luxury flats in Kolkata that truly feels like home can be challenging. As first-time homebuyers, there are common...
According to the March 2024 report by CREDAI, average housing prices across India rose by 9% year-on-year. It is almost reaching Rs 10,226 per square foot in the fourth quarter of 2023. The report attributes this price surge to a significant rise in housing demand, particularly in the mid and luxury residential properties. All eight major cities—Ahmedabad, Bengaluru, Kolkata, Chennai, Delhi NCR,...
Is there any simple way to invest in Real Estate? When looking for investment options, you may have various choices, such as stocks, bonds, exchange-traded funds, mutual funds, and real estate. They can be suitable regardless of your experience level. However, your decision should be based on how actively you want to manage your investments, your initial investment amount, and your risk...
Fractional ownership in Real Estate is an innovative investment model. It allows multiple individuals or entities to collectively own a share of a high-value asset. This concept has gained traction across various sectors, including real estate, luxury goods, aviation, and more. By dividing the ownership of an asset into fractions, it enables investors to enjoy the benefits of ownership—such as income...