Kolkata, the city of joy is
witnessing an upward trend in its realty market as the city has plenty of suitably
priced residential complexes to offer. This trend has favored the realty market
of the city thereby, making it lucrative for both the developers and buyers.
The affordability in the town has driven the sales of existing housing units
and led to the development of new residential as well as commercial projects.
The progress in city's realty
industry is due to some of the remarkable initiatives by the state government,
effects of which can be safely observed from 99acres Kolkata Insite Report
April-June 2015.
Also know about Delhi Jan
Ghar Yojana
According to the report, the business-friendly
policy of the state government has positively impacted city's residential
market. Additionally, new projects by leading developers coupled with
investments by IT firms has led to a two percent growth in city's realty
market.
The theme based township policy
has attracted many developers to come up with more residential projects.
Improvements in the office space has also boosted the residential market.
Foreign Direct investments in the
residential projects will also cast a positive shade on the market and will
result in construction of extraordinary residential units. Last but not the
least, relaxation of the norms regarding the floor area ratio for eco-friendly
residential projects has placed both developers and buyers in an opportune
position.
This progress has encouraged the
developers to scout for land parcels to launch their ambitious projects and
fulfill the growing demand. Chitpur, a prime residential locality in the
northern zone of the city has recently witnessed an enormous amount of
construction activities in the residential space. The development owing to the
factors mentioned above has been able to meet the needs of potential buyers who
are looking to invest in the affordable housing units of the city. Therefore,
unison of factors like connectivity, good infrastructure and initiatives by
state government has made this locality an ideal place to invest and a
preferable place to reside in.
Following are the newly
launched projects in Chitpur and its nearby localities.
RESIDENTIAL PROPERTIES IN
NORTH KOLKATA
Avani Cosmo City, a newly
launched residential project by Avani Group Builders is located in Chitpur,
Kolkata North. The project offers beautiful crafted and opulent spacing 2-3 BHK
apartments which are in proximity to essential civic utilities and other parts
of the city. The project is well versed with modern facilities and world class
amenities including kids play area, lush green landscape, paved compound, open
space, firefighting equipment, power back up, 24 hour water supply, car parking
and many more. The possession of the project has been started by the group.
GPS Meena Heritage, a newly
launched residential cum commercial project by GPS Group is located in
Agarpara, North Kolkata. The project offers well designed and spacious living
and commercial spaces which are in proximity to market area, hospitals,
schools, colleges and other modern day conveniences. The project promises to
offer modern facilities and ultra-modern amenities including lush green
landscape, paved compound, open space, power back up, 24 hour water supply, car
parking. The possession of the project has been started by the group.
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