Kolkata is a booming area, when the main concerned zone is related with real estate values. There are various suburb areas as well, which are developing just like the main city.
One such zone, which is fast developing in the specter of real estate values, can be defined as Rajarhat New Town, Kolkata. This part is booming in such a rate that the real time investors are investing a lump sum amount of monetary service, for the same. Moreover, this part of Kolkata is not only attracting local investors but also oversee investors for the same. Always make it a point to judge the present scenario of the place before jumping for a final say.
NRI Investment is the main thing
Always make it a point to realize that, among so many property investors in this place, NRIs are investing more monetary service. The investment policies have gained a huge hike in this region and have considerably high. According to the latest statistics, it has also been found out that nearly 35% of investors are not local people and always associated with the NRI portion. Moreover, it can also be well stated that some eminent real estate investor are also getting in touch with the blocking funds, which can be availed under the single basket plan.
Focusing towards the buying capacity
After getting a point on the kind of investors, the next best thing is to focus towards the buying capacity of the people over there. However, the buying capacity of Rajarhat New Town is somewhat quite different from other parts of Kolkata. Whenever you are planning for any low income segments, the prices of the houses and flats are going to start from 10 lacs and it can raised up to 50 lacs, at first go. These are surely going to help the real estate investors’ deal with good profitable deals, on some of the best packaged deals.
A win-win situation for all
In Kolkata, the legal issues are quite strict but these can also be stated as the most eminent one, when the main area of concern is related with home loans. People from the service class, the situation are beneficial with a hike of 1.5 lacs per year basis. Therefore, it can be well stated that this is surely going to create a win-win situation for people with middle income.
More about the values
20% of the clients are not even based in the city of Kolkata and are coming from foreign lands and investing their money in Rajarhat New Town sectors, as they are aware of the growth in this genre, within few years. However, there are few civic issues, which you can face and those are related with proper drainage system.
Is Delhi-NCR real estate moving sluggish
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