Top 10 affordable localities for real estate in Kolkata

[ecis2016.org] Kolkata offers abundant options in terms of affordable housing. It has always been one of the most desirable residential locations in the country due to the cheaper cost of living and now, affordable localities are also available in sufficient numbers here. With great amenities and continuous developments, Kolkata has become one of the most sought-after residential zones in the country. Here’s presenting the top 10 affordable localities in Kolkata for prospective property buyers.

Rishra real estate –

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With the property rates being as low as INR 2,000 per sq ft, Rishra has become one of the most sought-after residential destinations among investors and property buyers. Basic amenities such as hospitals and clinics, shopping malls, convenient stores and several day cares and schools make the area an ideal residential area. Leading educational institutions in the area are Rishra Prathamik Balak Vidyalaya and Rishra Uccha Vidyalaya. Other reputed English medium schools in Rishra include St. Mary’s School and Loreto High School. It is one of the major industrial areas in Hooghly district having factories like Jayashree Textiles, Hindustan glass factory and Aditya Birla Insulators. Also, many nationalized and private banks have opened up their branches in this area. All these amenities are drawing attention of the prospective real estate buyers and as a result, the area is gradually developing into a prosperous residential hub.

Barasat real estate –

Well-developed infrastructure and improved connectivity has propelled the real estate market in Barasat. The property rates in Barasat is INR 2,305 per sq ft. Barasat is well-connected to Kolkata, Michael Nagar and Bhatrapally. There is a major railway junction located on the Bongaon line. The airport is located only 11 Km away from Barasat. Well-known educational institutions in Barasat are Adamas World School and Aravind Sishu Vidyapith. There are several hospitals in Barasat that offer good healthcare facilities to its residents. These include Citylife Hospital and Care and Cure Hospital. Barasat is covered by Kolkata Metropolitan Development Authority. Several significant roads such as National Highway 34 and Jessore Road  pass through the town. Also, Barasat is well-connected with roads to Kolkata, North Bengal, Bangladesh and other towns of West Bengal.

Khardah real estate –

This locality has emerged as a viable investment destination and has properties selling for as low as INR 2, 341 per sq. ft. Annapurna Builders is one of the leading builders in Khardah. The area is covered by Kolkata Metropolitan Development Authority. The nearby Khardaha Railway Station helps to connect the area with other nearby localities. There are several affordable flats in Khardah.

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Serampore real estate –

G.T Road and Kolkata-Delhi Road are connected by Serampore Nabagram More. Serampore Town railway station and Sheoraphuli railway station are the two railway stations in the area. Kolkata Airport is situated at a distance of only 34 km from the area. Schools in Serampore include Holy Home School and Gospel Home School. Reputed colleges in the area are Serampore College and Government College of Engineering and Textile Technology. There are several temples and churches in the area such as the temple of Lord Jagannath at Mahesh, the temple of Radhaballabh at Ballavpur and St. Olav’s Church at Tin Bazar. With the property rates being INR 2,388 per sq ft, Serampore is drawing attention of property buyers.

Andul real estate –

Andul has property priced at INR per sq. ft. The area has several schools such as Maria’s Day School and Lycium School. Manna Market is one of the popular malls in Andul. Average price of affordable flats in Andul is around INR 2, 329 per sq. ft. The State Highway 6 (West Bengal) passes through Andul that aids in faster connectivity. The area is attracting investors, both real estate developers and home-buyers in the recent times because of the gradual growth and development of the area.

Konnagar real estate –

Konnagar is well connected with Howrah through trains. The place is also connected to Kolkata through roadways by Grand Trunk Road. In order to host the cultural events in the area, the Municipality has constructed an auditorium called Rabindra Bhavan. With property rate of INR 2,466 per sq. ft, the area proves to be a good investment hub in the recent times, and there are lots of affordable flats in Konnagar.

Agarpara real estate –

Agarpara is well-connected with railway stations and frequent bus services which connect the area to the heart of the city of Kolkata. Also, Agarpara is connected to the other side of the river Hooghly by regular ferry service. Agarpara is a part of the highly enriched Barrackpore industrial region. Famous factories such as Duckback and Priya Biscuits operate their factories in the town. Also, the Tractor India Ltd. and National Tobacco Company and numerous jute and cotton mills make Agarpara an enriched industrial town. Schools in Agarpara include Vivekananda Vidyamandir and Agarpara Mahajati Vidyapith. Property rates in Agarpara is as low as INR 2,506 and hence the area has become a budding investment destination for property buyers.

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Uttarpara real estate –

Property rates in Uttarpara is INR 2,527. With several educational institutions such as Uttarpara Government High School and Dreamland School, the area proves to be an attractive area for flat-buyers.

Maheshtala real estate –

With property rates being INR 2579, Maheshtala has become one of the preferred destinations for flat-buyers in the recent times. The area possesses good connectivity in terms of road and rail. Some of the reputed schools in the area are New Horizon English School and National High School. Netaji Subhash General Maternity Hospital is the leading hospitals in Maheshtala that caters to the medical facilities to the residents of the area. Brace Bridge Railway Station and Budge Budge Railway Station are the nearby rail stations that help to connect Maheshtala to other nearby localities.

Madhyamgram real estate –

The area is characterized by its proximity to Netaji Subhash Chandra International Airport and good transportation facilities via roadways and railways. There are bus routes from Madhyamgram to various parts of Kolkata and many other towns and villages. Madhyamgram has several schools and colleges such as Madhyamgram High School and Vivekananda College. With the flat rates being INR 2610, the area is a flourishing realty hub for prospective property-buyers.

These are the top 10 affordable housing destinations in Kolkata that one should definitely consider on account of their future growth potential, low property prices at present, excellent connectivity and rapidly developing social and physical infrastructure.

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle