As spaces for new development in mainland Kolkata shrink with time, locations around the fringes of the city are rapidly emerging as the nerve centre of Kolkata’s real estate investment. It has promising impressive returns over a mid to long-term time spread.
Prime investment locations: Areas on B.T.Road like Dunlop, Sinthi more, Sodepur & Agarpara along with Madhyamgram. Dum Dum and its surrounding areas on Jessore Road also hold significant investment interest due to its close proximity to the domestic and international airport, Ground Rail, Circular Rail, and Metro Rail.
Prime investment locations: Narendrapur, Garia, Kasba, Thakurpukur, Joka, Behala, Sonarpur & Kamalgazi
The southern part of the city hosts some of the country’s premier educational institutions like the Lady Brabourne College, Indian Institute of Chemical Biology, Jadavpur University, and the Indian Institute of Management. There are also a number of premier schools, hospitals, auditoriums and shopping malls dotting the area.
South Kolkata along EM Bypass is well connected by road, rail, and the Metro network. These developments are acting as crucial growth stimulators, spurring an increased demand in areas like Narendrapur, Garia, Kasba etc.
Prime investment locations: New Town, Rajarhat
The future of New Town, from an investment perspective, is definitely eye-catching. It is perhaps the most prominent investment location in the eastern micro-market.
New Town, already sitting on a well-planned existing layout, is witnessing a surge in upcoming infrastructure projects like – improved road network, flyover connectivity, and the on-going Rajarhat Metro – all coming together to boost the investment value of the area significantly. Moreover, as New Town is selected as a future Smart City, there will be substantial Central fund infused in improving the infrastructure of New Town.
New Town is expected to have substantial commercial interest in future as major infrastructure is being built for commercial operation of the service industry. This area is currently a growth hotspot in Kolkata and investing here is quite sure to fetch good returns.
Prime investment locations: Park Circus, Topsia along the EM Bypass Park Circus Connector
Extended parts of central Kolkata along the Park Circus connector like Park Circus, and Topsia still holds great value for investments . EM Bypass to Park Circus has helped to considerably speed up the traffic system.
To conclude, Kolkata is expanding very rapidly and new areas are expected to come into the fold of the city proper by virtue of better and faster communication.
If you are looking to buy flats in Kolkata for investment, consider these locations.