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Booming Time for Kolkata compared to Other Metro cities

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Kolkata which is the most populous city in India has risen among other Indian cities since 2007. According to the source saying at, www.propertykhazana.com, the National Housing Bank’s (NHB) index of rate of assets shows that the assets in Kolkata has 17% surpassed Bengaluru, which is 16% in the period. Most of the deals and less prices has seen the growth of other metros which has overtaken Mumbai and Delhi. The property values have risen from approx 7.6% to 7.8%.
The NHB index which was given the go ahead in the year 2007 actually deals with the prices of assets priced once in three months. The index will take into account the data which is given by various sources, including the real estate companies and financial companies. This was done for 16 cities that will uplift themselves to Tier I cities. The capital of West Bengal known as Kolkata, Faridabad in NCR and Bhopal in MP has seen growth in the form of double digit.
The city of Jaipur saw a phenomenal rise of 20% in the year January 2008. According to the survey which was done on behalf of www.propertykhazana.com, the prices came out heavily in the last six months between July and December by 3.5% and further declined to 39% in the first two quarter of January. MD of Richard Ellis said, “When the prices of the city of Jaipur increase people are not able to cope up with it. However in the city of Mumbai people are able to adjust to the change in the rates”.
Speaking to www.propertykhazana.com, MD of a famous real estate consultant said, “In smaller cities it is very hard to obtain the land because of the zones. The cost of the area is very soaring in places like Benares, where the facilities are limited. Hence as a result, it is very difficult to purchase posh land in smaller cities where the land area is equivalent to zero”. DLF limited, Parsvnath Developers, Omaxe limited is increasing the prices.
In addition to this, Tier II and Tier III cities entry has been very slow in the real estate segment. Furthermore, prices after June will reduce.

Property Listings

Apartments, Flats and Property for Sale in Kolkata

May 27, 2017
Ambey Niketan is a residential project by AMBEY GROUP. This project is a G+4 building of five well designed 2BHK & 3BHK Apartments. It is..
May 26, 2017
Green Oasis is a residential project, developed by Loharuka Group, is a complete package of luxurious life at affordable price. It is a well..
May 26, 2017
Uddipa Apartment is developed by Ambuja Neotia. This project is a well-designed 2BHK & 3BHK residential complex with functional spaces..
May 23, 2017
An enterprise of Heritage Reality Group is coming up with a Residential project on 6 Lane Highway at Rajarhat (very close to city center 2). After..
May 20, 2017
Doyeeta is an apt synthesis of peaceful living & enjoying the feel of living in the city Centre. It is a G+5 stand alone tower comprised..
May 17, 2017
Sankhadeep is a residential cum commercial development of Sreedeep Construction, located in Sodepur. The architecture of this project creatively..
May 15, 2017
Residential apartment available for sale at Madhyamgram on Sodepur Road. Name of the project is Siddha Town Madhyamgram. It is a Siddha Group..
May 13, 2017
2BHK Flat Beside Netaji Metro Station A 2 bedrooms flat is available to buy which is located at Kundghat, South Kolkata just beside the Netaji..
May 06, 2017
Premium residential apartment available at Kestopur, 10 min driving distance form Salt Lake Sector V, Kolkata. Name of the project is Uttoron. It..
May 05, 2017
Jagannath Apartments is one of the super luxury apartment developed by Premium Developers. The residential development is located in Salua,..

Apartments, Flats and Property for Rent in Kolkata

May 06, 2017
Sapoorji Pallonji Shukhobristi Resale Property Complex location in New Town On road Property With all modern amenities Amenities : AC..
May 05, 2017
We are offering 1BHK (600sqf) residential house for rent @ 12K/month .It has covered 1bedrooms , 1bathrooms, 1kitchen, 1dining space with..
May 05, 2017
We are offering 3BHK residential house for rent @ Salt Lake. It has covered 3bedrooms , 2bathrooms, 1 kitchen, 1 dining space with 24x7..
May 05, 2017
We are offering residential house for rent @ Salt Lake. It has covered 2bedrooms , 1bathroom, 1kitchen, 1dining space with 24x7 water..
May 05, 2017
We are offering fully furnished 2BHK residential house for rent @ 16000/month It has covered 2bedrooms , 2bathrooms, 1 kitchen, 1dining..
May 05, 2017
We are offering residential house for rent @ 13000/month .It has covered 2bedrooms , 1bathrooms, 1kitchen, 1dining space and 1Balcony with..
May 05, 2017
We are offering 2BHK Residential House for rent @Salt Lake It has covered 2bedrooms , 2bathroom, 1Kitchen, 1Balcony with 24x7 water..
May 03, 2017
We are offering 3BHK(1100sqf) residential house for rent @ 17000/month It has covered 3bedrooms , 2 bathrooms, 1 kitchen, 1dining space..
May 03, 2017
We are offering 2BHK(800sqf) residential house for rent @ 12k/month. It has covered 2bedrooms , 1bathrooms, 1kitchen, 1dining space..
May 03, 2017
We are offering 2BHK (900sqf) Residential house for rent @16k/month. It has covered 2bedrooms , 2bathrooms, 1kitchen, 1dining space with..