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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

Sep 26, 2016
2 bhk flats, With an area of 653 sq ft to 876 sq ft Available on the ground to 3rd floor of a g+3 residential apartment with 3 sides open which is..
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Fully Furnished 1BHK Flats in Tollygunge At 16.5L Find Furnished Flats in Tollygunge. A 1bhk furnished flat is available which is located at..
Sep 03, 2016
Ready 2BHK 690 to 876 sq.ft. Flat At Rahara Buy flats at Rahara, Kolkata. This building is newly constructed and located at very well connected..
Jun 28, 2016
900 sq/ft Residential House for rent.It is located Salt Lake Sector-III.It has 2 Bedrooms,2 Toilet,1 Dining,1 Kitchen,1 Balcony.It is..
May 16, 2016
1800 sq/ft Residential house for rent.It is located Salt Lake Sector-I.It has 4 Bedrooms,2 Toilets,1 Kitchen,1 Dining.It is semi-furnished.The..
May 13, 2016
700 sq/ft residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining,1 Balcony.It is..
Apr 06, 2016
4BHK Apartment With Reserved Car Parking in Park Circus 3 & 4 bedroom apartment with 3 & 2 toilets, 2 balconies, drawing dining..
Apr 06, 2016
3 BHK Ready to Move Fully Furnished Apartments in Park Street It's a 3 bedroom Flat with an adjoining hall. This Full Furnished flat has a..
Mar 24, 2016
Location on 6 lane Rajarhat Expressway, DREAM ONE is close to the Salt Lake residential areas, Salt Lake sector V and Rajarhat central business..
Mar 09, 2016
Its a G+3 residential apartment locate in a prime location in Garia, Boral Near Kavi Nazrul Metro, 630 sqft, 2 BHK flat available near Kavi..
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Apartments, Flats and Property for Rent in Kolkata

May 27, 2016
700 sq/ft Residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 27, 2016
700 sq/ft Residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 26, 2016
700 sq/ft residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedroom,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 26, 2016
700 sq/ft residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 25, 2016
900 sq/ft Residential house for rent .It is located Salt Lake Sector-III.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 25, 2016
700 sq/ft Residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 25, 2016
700 sq/ft residential house for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining,1 Balcony.It is..
May 24, 2016
850 sq/ft Residential House for rent.It is located Salt Lake Sector-II.It has 2 Bedrooms,2 Toilet,1 Kitchen,1 Dining.It is semi-furnished.The..
May 23, 2016
750 sq/ft Residential house for rent.It is located Salt Lake Sector-III.It has 2 Bedrooms,2 Toilets,1 Kitchen,1 Dining,1 Balcony.It is..
May 20, 2016
1800 sq/ft Residential House for rent.It is located Salt Lake Sector-I.It has 4 Bedrooms,2 Toilet,1 Kitchen,1 Dining.The monthly rent is..
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