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Kolkata waits for right wind of realty

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Eastern metro Kolkata is facing the hard economic crunch ever at its realty segment as many realty projects are stagnant at one or the other positions of the capital city. Source reported at www.propertykhazana.com reveals that around 45 – 50 projects are kept on hold and other 100 are away from the action as per the situation demand and will continue till the blow of a favorable wind.
Source reported at www.propertykhazana.com also reveals that the ongoing sites like – Terminus Mall, Avani Riverside mall, lake Mall and City centre are quite behind the committed launch. Head of Lang LaSalle Meghraj reveals that “the total number of realty sites on hold will be occupying a carpet area of around 2, 00,000 square feet with an average price tag of INR 3000 per square feet”. He also adds that current leading realty brand at the eastern capital is none other than the Bengal Ambuja which is providing both quality and quantity with affordable rates to the buyers at various prime location of the city.
Arm of Indian realty major Bengal Unitech is marking its properties with INR 3200 per square feet at the location of Rajarghat which exceeds the local builder who offer the same spot with INR 2500 per square feet. However city has witnessed a realty low with 15 percent in price and it might go down further by 10 percent in coming days. On the other hand the growing retail segment on the suburb of the city has also ignited the rise with few percent forwarding a moral with minimal downturn in realty price tags. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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