Investing in Real estate has become very popular in the last few years especially due to the decline in the price of Gold. Gold, once the safest bet to invest on has now taken a back seat.

In India real estate is considered the most profitable investment. This is due to the guaranteed returns it yields. With the property prices rising in cities like Mumbai, Bangalore, Delhi, and Hyderabad, buying a Kolkata real estate is seen as a good decision in terms of investment.

Kolkata, once the British Capital of India, today, is acknowledged for its culture, infrastructure, and architecture.

After Bangalore and Hyderabad, it has become a hub for IT. The city has seen a gradual growth in real estate sector and now offers a wide range of affordable flats and luxury villas. These not only serve as housing options but also are lucrative investment options.

With the growing real estate market, the city is attracting investors not only from the city but also overseas.

Here are top reasons why investing in Real Estate in Kolkata is a great idea:

Centrally located properties are available:

Real estate in Kolkata has seen a massive growth especially in the last 3 years. Residential projects are coming in posh localities such as Ballygunge, Park Street, E.M Bypass, and Garia. 20-30 % growth has been seen in the development of top real estate companies.

Realistic Pricing:

The property pricing in Kolkata is much more on the realistic side unlike in other metropolitan cities of India:- Mumbai, Delhi, Bangalore.

Studies show that Kolkata properties have better infrastructure. The asset pricing is comparatively lower.

Scope of Development:

The city is continuously expanding. Owing to the improved connectivity, Areas like Uttarpara, Rajarhat and Barasat are being concentrated upon by most of the top developers and realtors in Kolkata.

All the new expansion projects are being developed with much better planning.

Affordable to all:

Since the Real Estate developers are focused to come up with projects affordable for everyone. It is much more balanced than in most metropolitan cities. Properties in newly developed areas such as flats in Garia , Rajarhat and Newtown have greater chances of price escalation. Many real estate companies are even coming up with creative offers in order to make these affordable for more people.

The bottom line is, Kolkata has become a center of real estate investment. Instincts are driven by the market scenario, Kolkata is the ideal destination.