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.

Kolkata Real Estate Sees A Stagnant Phase

Real estate in Kolkata has been stagnant for quite some time this can be attributed to several factors. Firstly there are no employment opportunities for the young and therefore most of the young people prefer to shift out of the city. This worrying scenario has led to stagnation in real estate in Kolkata  and reduction in rental prices.

Residential as well as commercial Kolkata properties have simply no takers. Due to unfavorable government and labour policies not many corporates are willing to shift to the city. Even though the city has a huge talent pool MNC's are unwilling to open an office in real estate at Kolkata. Most of the new constructions which were offering flats in Kolkata have also slowed down their work due to lack of demand. Real estate at Kolkata is witnessing rise in unsold inventor. It seems that almost nobody is interested to buy flats in Kolkata. 

Also there are almost no infrastructure projects coming up in the city. Metro rail work too is going on in a painstakingly slow space. Although Kolkata is called the cultural capital of India the real state of Kolkata is seeing a bad phase. Roads in the city are in a pretty bad shape, frequent traffic jams and clogged roads has made life hell for commuters. Poor infrastructure facilities and lack of initiatives by government to improve the situation has also worsened the scenario for Kolkata properties. The government does not take a keen interest to improve the opportunities offered to the youth then Kolkata will see unabated population immigration. Although the capital city of West Bengal does house many industrial units but better facilities should be offered to corporates which will incite them to open more offices in the city. Only continuous efforts from the state government can help to improve the situation in Kolkata.

Buying Kolkata properties have become convenient

Interested in buying a luxurious property in Kolkata but confused how to find one? No wonder, buying a real estate in Kolkata is indeed a crucial decision especially when it is your first time. But with the help of Kolkata property websites you can easily find property listings of your choice and budget. Real estate websites provide a valuable service to both property buyers and sellers by providing helpful information and help connect buyers and sellers that could help you in making a lucrative decision.

When it comes to buying or selling of properties the easiest and quickest way to spot valuable properties is by considering the services of real estate portals. Real estate websites perform valuable service in finding Kolkata properties in terms of location, budget and developers.
For years, Kolkata properties are attracting investors both as a commercial market and lucrative investment option. Among the various locations, flats in South Kolkata are considered to be a good investment alternative. Moreover, with the coming up of new infrastructure projects the prices of the real estate are expected to shoot up. As you are going to invest your hard earned money, so take the help of a real estate site to search and compare the offers available on the selected Kolkata properties.
Real estate websites are proactive in their service and offers helpful information on existing and newly build sector. The property listings on these websites usually include apartments, villas, pent house, farm house, plot and more giving you the option to choose properties available for buying/renting/selling.
 
Property Kolkata websites help buyers in finding their dream homes or properties in a locality of their choice and within various budgets. The sites with their service help buyers and sellers to remain update on real estate. For instance, Makaan.com, a leading real estate website, acts as the catalysts between buyers and sellers and sends updates on new property listing to its customers with specific to the requirements posted by them. Many websites even offer buying tips to its customers and also help them in availing home loans and house insurance.
Prices of real estate in Kolkata are soaring and quite equal to properties in Delhi, Hyderabad, Mumbai, Pune and all major cities. So, investors who are speculative in investing only on real estates and eying to invest in Kolkata property can take the advantage of these properties websites in make a well informed decision.