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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.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Kolkata

Jun 13, 2018
A south-East facing 2 bhk new booking flat is available in the promising locality of newtown, kolkata east. It is an under construction spacious..
Jun 13, 2018
A 3 bedroom new booking flat, located in narendrapur, kolkata south, is available. It is a ready to move in unfurnished flat located in rajwada..
Jun 09, 2018
3BHK Residential House For Rent at Salt Lake Sector-3. The Monthly Rent is Rs-30000/-. It is Furnished. It Has 3 Bedroom, 2 Toilet, 1 Kitchen, 1..
Jun 06, 2018
Recently Alcove was in the news for its project Diamond City South which had been judged as the ‘Best Mid-segment Housing Project’..
May 29, 2018
A 3 bedroom new booking flat, located in jessore road, kolkata north, is available. It is an under construction unfurnished flat located in..
May 29, 2018
A 3 bedroom new booking flat, located in jessore road, kolkata north, is available. It is an under construction unfurnished flat located in..
May 29, 2018
A south-East facing 2 bhk new booking flat is available in the promising locality of jessore road, kolkata north. It is an under construction..
May 29, 2018
A south-East facing 2 bhk new booking flat is available in the promising locality of jessore road, kolkata north. It is an under construction..
May 29, 2018
A 3 bedroom new booking flat, located in jessore road, kolkata north, is available. It is an under construction unfurnished flat located in..
Jun 06, 2017
The combination of excellence and quality welcomes you to a beautiful Oasis. A Project which has been given it’s utmost care to give you a..
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Apartments, Flats and Property for Rent in Kolkata

Jun 09, 2018
2 BHK Residential House For rent at Salt Lake Sector-2. The Monthly Rent is Rs-24000/-. It is Furnished. It Has 2 Bedroom, 2 Toilet, 1 Kitchen, 1..
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..
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