Kolkata Real Estate Lacks Luster

The city of Kolkata was once a thriving business and trade hub of Eastern part of India but constant neglect has led to deterioration of the city. Real estate in Kolkata has been neglected for the past several decades. The dirty roads and small by-lanes do not attract investors. Infact trade pundits term real estate at Kolkata one of the dullest realty sector. There is price staganation and more over people either don’t have the purchasing power or they are simply not interested to invest in Kolkata properties. 

Many builders have come up with various schemes in real estate in Kolkata but alas none of them has been able to attract buyers. Slowing down of infrastructural projects has also impacted the real estate at Kolkata. Although many people showed interest in New town flats for sale due to attractive pricing not many ended by buying flats in New Town. Still in terms of prices appreciation New town flats for sale have given a good return. Also flats in New town earn a decent rental income. Many well-known builders are also developing Kolkata properties in this part of the city. Many people who have limited income and are not able to invest in realty sectors are looking to invest in this locality in real estate in Kolkata. 

If you too are looking to invest in real estate at Kolkata but are unsure in which locality to invest to get  a good rate of appreciation then you can choose to look at out invest tab on the Makaan.com page. This tool has been specifically designed to cater to the investment needs of the people. With the help of this tool you will be wisely able to judge which is the best locality to invest in Kolkata properties in real estate in Kolkata.