Why is BT Road Fast Turning into a Hot Location for Home Buyers?
Kolkata appears to have come out of the hangover of long time underdevelopment, and the city is fast coming alive to much-improved facilities, cleanliness and urban infrastructure. One such stretch is B T Road which was somewhat neglected by the home-buyers for a long time has now become a highly preferred location for owning a…
NK Realtors
Kolkata Property Market is Upbeat, Bookings Increasing
Kolkata property market has left the sluggishness of Jan-March quarter and saw a substantial increase in buyers’ interest and bookings in Apr-Jun quarter. It is also expected that the trend will be positive with interest rate reduction announced by the RBI. Property sales in Kolkata were somewhat sluggish in the last quarter of the financial year…
What Are Some Selected Areas for Low Budget Properties in Kolkata for Investment?
After gold, if there’s any other form of investment that guarantees returns, it is real estate. Despite economic reforms, global crisis and meltdowns, the search for a perfect home by realty end users seem to be quite palpable in various parts of India including Kolkata. Keeping this trend in view, Kolkata real estate developers are…
Will the Impending IT Sector Job Cuts Affect the Real Estate Sector in Kolkata?
The IT sector has been a major job driver over the last two decades, but the recent news of large-scale IT sector job cuts is threatening to unnerve the Indian markets, and its shadow is also looming over the real estate sector. The threat of job losses in IT-enabled Sectors (ITeS) and the Information Technology…
What You Should Know About GST Impact on Home Prices
Goods and Services Tax (GST) is finally here and will be effective across the country from 1st July 2017. The new uniform tax regime has been formed to do away with the overlapping, double taxation system prevalent in our economy, saving end-users from shelling out various taxes on the same product at different levels. However,…
Why It Is Wiser to Buy a Flat in Kolkata Than Renting One
Buying a home is perhaps the most common and the biggest dream of every Indian. Though owning a home in our society has a high level of emotional quotient, the decision has to be prudent, and backed by financial viability. An incorrect assessment can lead to financial difficulties like an overloaded debt. The union government’s…
Some Great Locations to Buy Flats in Kolkata for Investment
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, promising impressive returns over a mid to long-term time spread. These areas, which have already grabbed the attention of real estate investors, are increasingly becoming…
How Carpet Area Based Pricing Can Affect Home Prices
The Real Estate Regulation and Development Act (RERA), the central law that came into force on 1st May 2016, stipulates every state to implement the act within a year’s timeframe. As we are approaching 1st May 2017, RERA is still under the process of implementation in West Bengal although it is unlikely to meet the deadline. But…
What’s Turning Kamalgazi into an Ideal Location for Home Buyers?
When IT professionals, Pratul and Seema Barik were planning to shift base from Chennai to Kolkata, they were looking for a south Kolkata locality that could give them quality lifestyle at an affordable price. When a friend suggested Kamalgazi off Garia, they weren’t quite sure. But, after a week of research and talking to some relatives,…