A home is more than just a place to live. It is a place to grow, connect, and build lasting relationships. Today’s homebuyers are looking beyond square footage and interiors. They want a lifestyle that offers convenience, safety, well-being, and a genuine sense of belonging. This shift in preference has made community living in Kolkata an increasingly important trend in the city’s residential real estate market.

With rapid urbanisation across New Town, Rajarhat, EM Bypass, Joka, and other developing areas, modern residential developments are increasingly focusing on creating vibrant communities rather than simply housing complexes. Well-planned developments with modern amenities and communal spaces that encourage interaction are making connected neighbourhoods increasingly attractive to families, professionals, senior citizens, and investors alike.

Why is Community Living Becoming Popular in Kolkata?

Kolkata has always been known for its close-knit neighbourhoods, where people celebrated festivals together, shared everyday moments, and built lifelong bonds. Urban lifestyles may have changed, but the need for meaningful social connections remains. Modern residential developments are bringing this sense of community into contemporary living environments, complemented by modern infrastructure and lifestyle amenities.

Unlike conventional apartment buildings, many of today’s residential developments are designed around shared experiences. Landscaped gardens, clubhouses, children’s play areas, sports facilities, walking tracks, community lawns, and recreational spaces encourage residents to interact naturally and build stronger relationships.

The growing emphasis on safety and convenience is another factor driving the popularity of community living in Kolkata. Homebuyers increasingly seek well-managed residential developments with gated access, 24-hour security, CCTV surveillance, visitor management systems, and professionally maintained common areas.

Developers such as Realtech Nirman recognise this evolving preference and focus on creating residential environments that encourage social interaction and outdoor activities. As homebuyers place greater emphasis on balanced lifestyles, well-connected neighbourhoods that offer convenient access to healthcare, education, shopping, entertainment, and other everyday requirements are becoming increasingly desirable.

Benefits of Community Living in Residential Projects

Stronger Social Connections

One of the greatest advantages of community living in Kolkata is the opportunity to build meaningful relationships. Shared amenities and common spaces naturally encourage interaction, helping create friendships and a stronger sense of belonging.

Children can find playmates within the community, parents can connect with families with similar lifestyles, and senior citizens can benefit from regular social interaction. Festivals, cultural programmes, sports events, workshops, and community celebrations can further strengthen these bonds and create a vibrant residential environment.

Enhanced Safety and Security

Safety is one of the primary reasons homebuyers prefer modern gated residential communities. Today’s developments can incorporate multiple layers of security, including gated entrances, CCTV surveillance, visitor management systems, 24/7 security personnel, well-lit internal roads, and emergency support systems.

Beyond technology and physical security measures, connected neighbourhoods can also foster a sense of collective responsibility, with residents looking out for one another and contributing to a safer living environment.

Modern Amenities

Community living in Kolkata is increasingly associated with lifestyle amenities that make everyday life more convenient and enjoyable. Premium residential developments often include facilities such as swimming pools, gyms, landscaped gardens, indoor games rooms, community halls, sports facilities, and green open spaces.

These amenities encourage healthier and more active lifestyles while providing opportunities for recreation and relaxation within the residential community. Projects developed by Realtech Nirman also emphasise integrated amenities and thoughtfully designed common spaces that enhance the overall living experience.

Everyday Convenience

Convenience is a major consideration when choosing a residential property. Well-connected residential developments are often strategically located near schools, hospitals, shopping centres, IT parks, business districts, restaurants, public transportation, and metro connectivity.

Many well-planned residential developments also provide convenient access to everyday essentials such as grocery stores, pharmacies, cafés, and other services. Easy access to these facilities can reduce unnecessary travel and make everyday life more convenient for residents.

Long-Term Property Value

Well-planned community developments with quality amenities, professional maintenance, strong connectivity, and modern infrastructure can attract sustained buyer interest and support long-term property value.

Connected neighbourhoods can also appeal to a wider range of homebuyers and investors because they combine residential comfort with lifestyle amenities and everyday convenience. As demand for community-oriented living continues to grow, thoughtfully planned developments can remain attractive in an evolving real estate market.

Final Thoughts

Over the past decade, the idea of a dream home has evolved significantly. Homebuyers are no longer evaluating apartments solely on the basis of size, layout, or interiors. They are increasingly considering the overall living experience, including safety, convenience, amenities, social interaction, and long-term quality of life.

This is why community living has become an important trend in Kolkata’s residential real estate market. Connected neighbourhoods offer benefits that extend beyond the home, including enhanced security, modern amenities, healthier living environments, everyday convenience, and stronger social connections.

Whether you are buying your first home, upgrading to a larger residence, or making a long-term investment, choosing a home within a thoughtfully planned community in Kolkata can offer the right balance of comfort, convenience, security, and social connection. Through thoughtfully planned developments such as Rajkunj, Rajokiya, and Rajhans, Realtech Nirman continues to create homes that go beyond four walls, offering modern amenities, connected communities, and living experiences designed around the evolving aspirations of today’s homebuyers.

FAQs

Q. Why is community living in Kolkata becoming increasingly popular?

Answer: Modern buyers value secure environments, shared amenities, social interaction, and convenience, making community living in Kolkata an ideal lifestyle choice.

Q. How does community living improve everyday life?

Answer: Community living creates opportunities for social engagement, promotes healthier lifestyles, and provides convenient access to recreational and lifestyle facilities.

Q. Does the community living in Kolkata offer better security?

Answer: Yes, most projects feature gated entry, CCTV surveillance, visitor management, trained security personnel, and well-maintained common areas for safety.

Q. How do connected neighbourhoods benefit children and senior citizens?

Answer: Children enjoy safe play areas and friendships, while seniors benefit from secure surroundings, walking spaces, and active community participation.

Q. Are community living projects a good investment in Kolkata?

Answer: Yes, community living in Kolkata remains highly desirable due to growing infrastructure, increasing demand, and strong long-term appreciation prospects.

Q. Why is Realtech Nirman a preferred choice for community living?

Answer: Realtech Nirman develops thoughtfully planned residential communities that combine modern amenities, quality construction, vibrant and connected neighbourhoods for better living.

Kolkata’s housing market is changing as more buyers look beyond a basic apartment and seek a better lifestyle. This has boosted demand for township projects in Kolkata, especially in New Town and Rajarhat, where planned communities offer convenience, security, and modern living.

Integrated townships offer all the essential elements homeowners need for a comfortable and secure lifestyle. These townships bring together homes, green spaces, recreational facilities, and retail conveniences within a single community. As part of this trend, Realtech Nirman has created residential communities that meet the evolving demands of today’s homebuyers.

Why is Township Living Gaining Popularity in Kolkata?

Integrated Community Living

Township projects offer a complete lifestyle by providing easy access to recreation, fitness, shopping, green spaces, and essential services within the community.

A Safer and More Comfortable Living Environment

Most townships offer enhanced security through gated entrances, CCTV surveillance, professional security personnel, and controlled access systems. This creates a safer and more comfortable environment for families, children, and senior citizens.

A Stronger Sense of Community

Township projects in Kolkata promote social interaction through clubhouses, parks, sports facilities, and community events, helping residents form meaningful relationships and feel part of a vibrant community.

Access to Abundant Open and Green Spaces

One of the major benefits of township living is access to abundant green spaces, including landscaped gardens, parks, walking trails, and recreational zones. These features promote a healthier lifestyle while offering a refreshing escape from urban congestion.

Planned Infrastructure Aids in Long-Term Comfort

Well-planned townships offer wider internal roads, organised layouts, improved utility systems, and well-managed maintenance services. These features enhance living comfort while supporting long-term property value. 

An Ideal Choice for Working Families

Homebuyers today are looking for spaces that support hybrid working and changing family dynamics. Township projects in Kolkata typically offer larger living spaces, community amenities, fitness facilities, and recreational areas that promote a balanced lifestyle.

Greater Investment Potential

Ongoing infrastructure development and improved connectivity in growth corridors such as New Town–Rajarhat contribute to stronger long-term property appreciation. These factors also support higher rental demand compared with many traditional housing options.

A Self-Sufficient Community Ecosystem

By combining retail, recreational facilities, and social infrastructure within one development, townships reduce residents’ reliance on external services.

Realtech Nirman has introduced some of the highest standards of modern living in New Town–Rajarhat through its township developments, including Rajkunj, Raajkutir, Rajhans, Rajvansh, and more. The company offers modern homes equipped with contemporary amenities, strategic locations, and community-focused planning to fulfil the needs of today’s buyers.

What Amenities are Typically Available in Township Projects in Kolkata?

Some of the standard township amenities offered include:

• Landscaped gardens and open green spaces
• Swimming pools and fitness centres
• Clubhouses and community halls
• Children’s play areas
• 24/7 security and CCTV surveillance
• Dedicated parking spaces
• Power backup and water management systems

The projects are designed to meet the evolving expectations of modern homebuyers by offering amenities that enhance comfort, convenience, and everyday living.

Community spaces and recreational facilities provide safe environments for children and senior citizens while encouraging social interaction among residents.

Which Areas in Kolkata are Witnessing Major Township Developments?

New Town–Rajarhat remains a top choice for township projects in Kolkata. The area is well connected to the airport, IT hubs, and upcoming metro corridors. It also offers access to reputed schools, colleges and hospitals. As a result, many homebuyers and investors consider this area their preferred residential destination.

Realtech Nirman has contributed significantly to this growth through landmark developments that reflect the demand for well-planned, modern residential communities in one of the city’s fastest-growing corridors.

Final Thoughts

The demand for township projects in Kolkata continues to grow because of their focus on lifestyle, convenience, and community living.

The rapid residential growth in New Town and Rajarhat continues to make township living one of Kolkata’s leading real estate trends. Developers like Realtech Nirman are leading this transformation with projects such as Rajkunj, Raajkutir, Rajhans, and Rajvansh.

As urban living continues to evolve, township projects in Kolkata continue to transform residential living by providing residents with a perfect balance of comfort, convenience and long-term value.

FAQs

Q. Why are township projects becoming popular among homebuyers in Kolkata?

Answer: Township projects offer modern amenities, enhanced security, open spaces, and integrated facilities within one community, providing residents with a comfortable and convenient lifestyle.

Q. What amenities can residents expect in a township project?

Answer: Residents typically enjoy landscaped gardens, clubhouses, fitness centres, swimming pools, children’s play areas, parking facilities, power backup, and round-the-clock security systems.

Q. Are township projects in Kolkata suitable for families?

Answer: Yes, township communities provide secure environments, recreational facilities, open spaces, and social infrastructure that support the needs of children, adults, and senior citizens.

Q. Why is Newtown-Rajarhat a preferred location for township developments?

Answer: The area offers excellent connectivity, proximity to IT hubs, educational institutions, healthcare facilities, and strong infrastructure growth, attracting both homeowners and investors.

Q. Do township projects offer better investment potential than standalone apartments?

Answer: Township developments often benefit from planned infrastructure, growing demand, and strategic locations, which can contribute to stronger property appreciation over time.

Q. How does Realtech Nirman enhance township living in Kolkata?

Answer: It develops thoughtfully planned communities like Rajkunj, Raajkutir, Rajhans, and Rajvansh, combining modern amenities, connectivity, and lifestyle-focused living experiences.

Kolkata’s real estate market has witnessed an incredible transformation over the last ten years. Rajarhat has emerged as one of the city’s most dynamic locations. What was once a prospective suburban extension has evolved into a vibrant urban centre featuring residential communities, commercial developments, modern infrastructure, and long-term investment opportunities.

Today, Rajarhat is attracting homebuyers, working professionals, developers, and investors. With its strategic growth, planned development, and increasing demand, it has become one of the most preferred property destinations in Kolkata.

It is no longer considered an alternative destination. It has become a leading Real Estate Destination in Kolkata.

Is Rajarhat a Good Place for Property Investment?

Long-term growth potential

One of the biggest factors driving property investment in Rajarhat is its strong long-term growth potential. As cities expand and demand increases, locations that demonstrate consistent growth tend to offer stronger investment opportunities. Its growth reflects a long-term development story rather than a short-term market trend.

Attractive Market for Both Investors and End-Users

Both investors and end-users help keep the real estate market healthy. One reason for the steady growth of Rajarhat is that people are choosing the locality not only for investment but also as a preferred place to live. This balanced demand supports market stability and contributes to consistent growth as Kolkata’s fastest-growing real estate destination. 

One of the biggest reasons behind the growth of property investment in Rajarhat is its strategic positioning within Kolkata’s expanding urban landscape. Its easy access to major residential and commercial zones has increased the area’s attractiveness among both end-users and investors.

At the same time, the region continues to witness infrastructure improvements that support long-term growth. Better roads, planned development, and expanding urban facilities have created a strong foundation for sustained real estate demand.

Developers have also contributed significantly to strengthening Rajarhat’s residential identity. Realtech Nirman, through thoughtfully designed residential developments such as Rajotto, Rajkunj and many more reflects the growing preference for modern living spaces that align with evolving urban lifestyles and long-term investment expectations. 

What Factors Are Driving Rajarhat’s Real Estate Growth?

Several interconnected factors have contributed to making it Kolkata’s fastest-growing property market.

Strategic Location with Excellent Connectivity

Connectivity is now a key consideration for homebuyers. People want locations that offer easier access to workplaces, business districts, and everyday conveniences while still providing a comfortable living environment. Rajarhat benefits from this changing preference. Its accessibility has led to consistent residential demand and strengthened its reputation as a growing real estate destination.

Infrastructure Development

Real estate growth is often driven by infrastructure development. Rajarhat has seen continued development in roads, public utilities, residential layouts, and urban facilities. The area has been developed to support a growing population and changing lifestyle needs. This is one of the major reasons why it is the fastest-growing real estate destination.

Increasing Demand for Residential Projects

Residential demand in Rajarhat has been consistently growing alongside changing buyer expectations. Today’s buyers are looking for:

• Modern living spaces
• A better environment
• Leisure amenities
• Community-focused developments
• Open and planned surroundings

This demand has accelerated the growth of residential property in Rajarhat. Families appreciate the convenience and quality of life, while investors value the opportunities arising from increasing demand and future appreciation.

Commercial Expansion Supporting Real Estate Growth

Another major factor contributing to the success of Rajarhat is the rise in commercial activity around the area. As employment centres and business ecosystems continue to grow, residential demand also increases. More professionals are choosing locations that reduce travel time while offering a better living environment. 

This creates a balanced growth cycle in which residential and commercial development support each other. As a result, real estate investment in Rajarhat continues to attract long-term interest.

This shift in expectations continues to increase demand for residential property in Rajarhat and supports its emergence as one of Kolkata’s leading Real Estate Destinations.

Final Thoughts

As Kolkata’s real estate landscape continues to evolve, Rajarhat remains at the forefront of growth and opportunity. Its expanding urban ecosystem, increasing demand, and long-term investment potential continue to strengthen its position as Kolkata’s fastest-growing real estate destination.

For those considering property investment in Rajarhat, the location offers a combination of present-day value and future potential. Supported by rising residential demand and growing investor confidence, along with landmark residential developments such as Rajotto and Rajkunj by Realtech Nirman, Rajarhat continues to shape the future of real estate growth in Kolkata.

FAQs

Q. Why is it called Kolkata’s Fastest Growing Real Estate Destination?

Answer: It is recognised as Kolkata’s Fastest Growing Real Estate Destination because of rapid urban development, expanding infrastructure, and increasing residential and commercial demand.

Q. Is Residential Property in Rajarhat suitable for families?

Answer: Yes, Residential Property is preferred by families due to modern communities, better planning, and access to essential lifestyle conveniences.

Q. Why is it becoming a preferred Real Estate Destination?

Answer: It offers a combination of modern infrastructure, strategic growth, and improving urban living, making it a leading Real Estate Destination in Kolkata.

Q. Who should consider Property Investment in Rajarhat?

Answer: Homebuyers, first-time investors, and long-term investors looking for growth opportunities and urban convenience can consider property investment.

Q. What makes it different from other real estate locations in Kolkata?

Answer: Its planned development, expanding infrastructure, and balanced residential and commercial growth distinguish Rajarhat Real Estate from many traditional city areas.

Q. Is it a suitable location for future real estate growth?

Answer: With continuous development and increasing demand, it remains one of Kolkata’s strongest markets for future Real Estate Investment.

Buying a home is one of the most crucial decisions of our life. It controls the stability & growth level of our life. Now this decision has various aspects which need to be considered such as the location of the home, amenities, on which floor you want to buy the flat, etc. These all are crucial factors. In this blog, I will help you to decide, on which floor you should buy a flat on and why by mentioning the pros and cons of every floor. Read this blog to make a wise decision for a fresh living apartment and connect with Realtech Nirman for more expert advice.

 

A. Fresh living apartment; benefits of living on the top floors:

 

1. Natural light:

We all need a home with all-natural light & ventilation. It makes our life easy and keeps us healthy too. In the apartments on the lower floors, you have to make adjust to the amount of sunlight and air. However, the top floors tend to receive more sunlight and better cross-ventilation. Well, with the sunlight, the residents of the top floor also receive a great view which is also worth every penny.

2. Stay noise-free:

A peaceful life is one of the most important and non-negotiable things in our life ever. The top floor of housing helps you cut off the outer noise, while the lower floors are generally more prone to street-level noise, especially if your apartment is near a busy road.

3. Security and Privacy:

Well, most of the houses have their security guards to protect the residents. Every apartment of Realtech Nirman has the latest technologies along with security guards to ensure the highest safety of the residents. However, lower floors can be more vulnerable to intrusions. Lower floors can be more vulnerable to intrusions while the top floors are safe & have better privacy from street-level passersby.

4. Safety from various diseases:

The lower floors of the housing are exposed to various insects, particularly mosquitoes. So, the residents need to be careful about it all the time. On the other hand, you may have zero idea about these all when you live on the higher floors.

 

B.Fresh living apartment; disadvantages of living on the top floor:

 

1. Non-energy efficient:

As I have mentioned living on the top floors increases your energy consumption directly. Do you know how? Direct sunlight increases the temperature of the home, increases the dependency on air conditioners, and increases the electricity bills too. It is not a very sustainable idea either.

2. Increased dependency on amenities:

When you live on the top floors, you must depend on the elevators, if they go out of order, it restricts mobility completely. Complete dependency on an amenity is not good for our minds and bodies.

3. Emergencies can be dangerous:

The top floor does not provide enough emergency exits for any kind of unforeseen situations. It can impact your ability to exit the building quickly. So, in this case, we can say that there is a safety issue on the top floors.

4. Moving in or out is not that easy:

When you are moving in or moving out of a house, naturally, you will have a lot of furniture and other things to carry. However, from the top floor, it’s not easy at all. You have to completely depend on professional people and the elevator for this job.

 

C.Fresh living apartment; benefits of living on the middle floor:

 

1. View and freshness:

Like the top floors, the middle floor is also ideal for a great view & fresh air. The middle floor also provides an ample amount of sunlight which makes these flats more attractive.

2. Makes a balance:

The middle floors are not as hot as the top floor and you can enjoy the same view. So, it makes a balance.

3. Safety:

Living on the middle floors is nearly the same as the top floor. The residents are safe from any outside issues, noises, bugs, insects, and so on.

 

D.Fresh living apartment; Cons of living on the middle floor:

1. Increased dependencies:

As I have mentioned living on the middle floor is also the same as living on the top floor. The benefits and the cons are the same. If you live on a middle floor of an apartment; you will be bound to depend on things like the elevator.

2. A cage for children:

The Middle and the top floors are away from the ground and away from the playgrounds too which is heartbreaking for the kids. They might suffer in this case.

3. Moving in or out is a task:

Just like the top floor, moving in or out of an apartment on the middle floor is a task. The residents have to depend on professional people to carry their things/furniture. It also increases the cost level.

 

 

E. Fresh living apartment; Benefits of living on the ground floor:

 

1. Lower electricity bill:

The apartments on the lower floors of a housing always have a cool temperature which helps in reducing the dependency on the air conditioner and reducing the electricity bill and also helps in living a more sustainable life.

2. Access to playgrounds:

Apartments on the lower floors of housing always have the best & easiest access to the playgrounds. So, if you have a kid at home, you can think about it.

3. Almost no dependencies on amenities:

If you live on the lower floors of a housing you are not bound to depend on the amenities like the elevator. This increased the mobility.

4. Increased income sources:

If you want to put your flat on rental, buy it on the lower floors of a housing. The apartments on the lower floors of a housing always attract more tenants than the top floors.

5. Safety in emergencies:

Escaping from the lower floor of housing in any unforeseen situation is always far easier than on the top floors. The residents find the emergency exit door easily.

 

F. Fresh living apartment; Cons of living on the lower floor:

 

1. More exposed to insects:

The apartments on the lower floors of housing are more exposed to bugs, insects, mosquitoes, etc. This can make an issue in your peaceful living.

2. A lesser amount of ventilation:

Ventilation plays a crucial role in our well-being and the apartments on the lower floors have a far lesser amount of sunlight and fresh air. Well, not only this, these apartments are colder than the other apartments of the housing and during the rainy season, the floors remain damp due to lack of enough sunlight & ventilation which leads to health issues. Attack of the insects can worsen this situation.

3. More exposed to hazards:

The lower floors of housing are always more exposed to robbers breaking in, outside noises, and other unwanted issues. Due to these reasons, these apartments also lack privacy.

4. No view:

Maximum housings have other buildings on the campus or there can be other houses too which blocks the view and limits the happiness of living on the ground floor.

 

Some common FAQs:

 

Which floor is best to live in an apartment?

Well, it depends on the choices of an individual. However, according to me living on the top floor is always best. Although there are some amount of disadvantages, however, you will be able to enjoy the peaceful and private life you want.

Which floors have the best view in housing?

The top floors always have the best view in a housing.

What are the basic safety features I look for in an apartment?

You look for a fire extinguisher system, security system, CCTV, automatic sprinkler, smoke detector, etc.

What is the best floor for an investment purpose?

Well, it is the lower floors of a housing. The apartments on the lower floss get a higher number of tenants. If you want to sell the property, selling an apartment on the lower floors is easier than the top floor.

What is the safe floor for living, I have older people at home.

Well, in that case, living on the lower floors is safe. You will not need to depend on the elevators and evacuating in an emergency is always easy on the lower floors.

Why are the top floors expensive?

There are various reasons behind it. However, at the core the reason I can inform you that it is expensive is due to the better view, better ventilation and the privacy facilities. On the top floor, you can get the life you want.

If I buy a flat on the top floor like the 20th floor and the elevator goes out of work, what will happen next?

Well, generally, the committees of housing are very concerned about these all and they take care so that this never happens. However, if it happens, I hope the committee of the housing will call a technician as early as possible.

 

Final words: I hope the pros and cons are clear for you and now you will be able to evaluate your decision more clearly.

Real estate is one of the fastest-growing industries in India. Maybe it is the only sector that recovers the loss so quickly. So, this industry is the talk of the town now. On the other hand, buying a home is a dream for many of us, and many times we want to close the deal quickly which leads us to a wrong decision. Buying a home requires a lot of research work. In this blog, I will inform you why investing in under-construction flats is way more beneficial. Keep reading to make a wise decision and connect with Realtech Nirman any time for affordable housing in Newtown.

A. Benefits of investing in  under-construction flats:

 

1. Freedom of choice of under construction flats :

Under construction flats give the buyer the freedom of choosing the amenities of the flat or the tiles, flooring, etc. which will help you to live in your dream home.

2. Cost-effective of under construction apartment :

Most of the builders offer a lower price when it is under construction. Many times they also give discounts as well. On the other hand, when the project nears completion, the demand and the market value of the property are bound to increase. This means it is a win-win situation. You can customize your property and you will get it at a lower price as well. Connect with Realtech Nirman if you are planning to buy a property in Newtown. They have several ongoing projects.

3. Better construction of flats:

Look we all know that with time, real estate properties get older and the constructions get weaker, no matter how great the construction quality is. So, when you book an under-construction project, you get enough years to enjoy it. You will not need to worry about maintenance. Moreover, you get to enjoy the latest amenities and facilities available.

4. It is an investment for under-construction flats :

An under-construction means that the area is growing. You can expect high returns on investment when the property appreciates and nears completion. You could rent out the flat or sell it for a profit. So, it will make an alternative income option for you and will secure your future too.

5. Less worry about payment issues:

During the construction period, you will get flexible payment plans. For example, you can book the flat with a token amount and will pay the rest of the price till the time you get the flat. On the other hand, you will not get this benefit for the complete projects. In that case, you have to pay the full price. However, you can take a home loan and later, you will pay through EMIs.

6. Best technology & design:

Most of the time or I can say all the time builders try their best to provide the latest technology and architecture in their latest projects. These properties are built and designed to be energy-efficient, eco-friendly, and equipped with smart and luxurious spaces. However, for the older projects, you will not be able to get this facility at all. These updated technologies or amenities will help you to put it on rent or to resell it easily. It will also provide you with an easy life.

7. Legal aspects:

In the real estate field, legal aspects and validity play a huge role. If your property does not have all the legal papers and clearances, it is a waste of money. So, aware buyers pay a significant amount of time in checking the legal factors of the chosen property and it gets easier if you buy an under-construction property. Now you must be thinking how does an under-construction apartment help you ensure that its titles are legally valid? The simple answer is RERA – the Real Estate (Regulation and Development) Act. As per the mandate by RERA, if the property has obtained an occupancy certificate by May 1, 2017, it must be registered under the RERA of the respective state.

RERA registration is an ultimate assurance from the government.  What is more, you can check the details of the projects as well as their legal aspects on the RERA website of the state where the property is being constructed. In this context, let me inform you that every project of Realtech Nirman gets all the approvals from the authorities which makes them secure for investment and for getting a home loan too.

8. Tax benefits:

Do you know that you will get a huge tax benefit if you invest in an under-construction flat? Yes, you heard it right. As per Section 24 B of the Income Tax Act 1961, up to Rs. 2 lakh can be waived off per financial year on an under-construction home.

The same can be deducted from the home loan’s interest rate. Section 80 C of the Income Tax Act further waives another Rs. 1.5 lakh, which can be deducted from the home loan’s principal amount. Another Rs. 50,000 can also be deducted as per 80EE of the Income Tax Act 1961, provided that the limit set as per Section 24 B has been reached.

 

B. Risk factors of investing in an under-construction flat:

Everything in our life comes with some pros & cons. There is no such decision that does not have a risk side.

Investing in an under-construction flat can be risky if you move in quickly. You have to give ample amount of time to the builder to finish the work as per their plan. So, think about this factor before the investment

Another risk factor is the delay in the handover process. Many times, builders do not keep their word and they cause delays. However, if you choose reputed builders like Realtech Nirman, it will not be an issue for you.

 

Some common FAQs

 

Under construction apartments near me

 

What are the criteria I look for before investing in an under-construction property?

You should check the reputation of the builder first. Many builders put an unrealistic deadline and later they fail to deliver the project on time. After checking that, you should check the legal factors such as whether it is registered under RERA or not. You can also check the history of the land on the state land website. If everything looks good, you can invest in it.

Why do people avoid under-construction flats?

Most of the time people tend to avoid the under-construction flats due to fear of waiting. They tend to invest in ready-to-move flats which gives them instant happiness.

Is it good to invest in an under-construction property?

It’s best actually. You can check the construction quality directly. You will be able to customize the flat according to your needs and choice, you will get it at a lower price, and you will enjoy tax benefits and easy payment options too. Do you know that one can avail up to a 30% discount in comparison with a completed project including tax benefits? What else do you need in life?

What are the tax benefits of investing in an under-construction property?

According to Section 24 B of the Income Tax Act 1961, up to Rs. 2 lakh can be waived off per financial year on an under-construction home.

The same can be deducted from the home loan’s interest rate. Section 80 C of the Income Tax Act further waives another Rs. 1.5 lakh, which can be deducted from the home loan’s principal amount. Another Rs. 50,000 can also be deducted as per 80EE of the Income Tax Act 1961, provided that the limit set as per Section 24 B has been reached.

Is there any chance of getting coned by the builder if I invest in an under-construction flat?

If you hire a reputed builder then there is no chance of getting conned. I would advise you to check all the social media handles of the builder and also ask their previous clients to get the real scenario.

 

Ready-to-move-in home or an under-construction home, which one is better?

Well, it depends on the individual. If you are ready to wait and you have an alternative place to live then you should invest in an under-construction flat. An under-construction flat gives you freedom, tax benefits, great construction, latest amenities & so on. However, this is not possible for everyone and in that case, they go for the ready-to-move flats which is also fine.

How can I get rid of GST in an under-construction flat?

Under-construction properties are expected to pay GST, however, ready-to-move-in properties are exempted already. Don’t worry, in that case, you might work out a deal with the developer (if they agree) to get GST waived on a property that is still under construction. In this manner, your deposit will seem to the developer as a loan. They refund the loan with interest once the property is finished and receive a completion certificate. In this manner, an under-construction property can qualify for a GST exemption.

 

Do you know that investing in an under-construction flat can be your best decision ever? Yes, it is. Read this blog to know it better and invest wisely. Buying the right property can secure your life. However, it would help if you planned it in the right way. Invest in an under-construction flat to get the best benefits. Connect with Realtech Nirman for more assistance.

Our latest project Rajmahol gets highlighted in one of the country's leading English Newspapers. A recognition always comes as perfect stimulation & strengthens Team Realtech's goal of offering Happy Homes To Everyone. And our latest project Rajmahal has gained one such! It gets highlighted in one of the country's leading English Newspapers - THE TELEGRAPH

COVID-19 couldn't pose threat to our high spirits and the urge to celebrate the biggest most awaited festival of Bengalis. Maintaining social distancing and proper sanitization would not have been possible with over 500 senior citizens for pandal hopping and Devi darshan. So Realtech team, being as whimsical as we could be, took the whole event online. With an overwhelming response of over 2000 netizens as well as senior netizens, the Realtech pujo parikrama was a huge success this year. The health and safety of our loved seniors was the main concern for our team. Sanitization kits were also distributed to residents in Rajarhat and Newtown. We eagerly look forward to celebrating pujo like previous years with pomp and show like we used to. A quiz contest held online during the live event gave us 10 winners who were gifted traditional wear for giving maximum correct answers to the questions. However, we missed meeting everyone in person and dancing to the beat of the 'Dhaak'.

10th year of Durgotsav and Pujo Parikrama organised by Realtech Nirman for senior citizens became a huge success this year with all eminent guests attending and supporting the event on Maha Panchami of the greatest festival of Bengal.?For those whose wait for their loved ones never end, Realtech Nirman organizes this event to hold their hands and accompany them to get a glance of Maa as they once did for their own children.

The Bengali festive season is never complete for the Realtech family without their Real Pujo Parikrama. Adding on new members every year, the Realtech family is growing in leaps and bounds while they come up with new and fresh ideas and make an effort to bring smiles on the faces of our loved seniors by bringing back childhood memories of ?dhunuchi? dance and ?dhakis? performances? while pandal hopping with them. While all of us wait for Maa to visit her paternal home every year in the month of Ashwin, there are some whose wait never end. In association with Kolkata Police Pronam, Realtech Nirman organizes this Pujo Parikrama to hold their hands and accompany them to get a glance of Maa as they once did for their own children. ?It?s our time to stand by them and give them a feeling of happiness on this special day when Maa comes home. It is a small initiative by our company to give them joy even if for one day every year. We wait for this day and we cherish these memories until the next time?, says the Managing Director of Realtech Nirman, Mr Shishir Gupta.

The most prestigious tournament for badminton in the corporate sector witnessed a jaw dropping neck to neck finale match on 11th March (Sunday) at The Saturday Social Club Kolkata. The game was a tough competition between Air India and Realtech Nirman Pvt. Ltd where the later (Realtech Nirman Pvt. Ltd. ) were the ones standing as the doubles contests at the Merchant Cup championships 2018 concluded on Sunday at The Saturday Social Club Kolkata. There was a stark contrast between the three rounds. The first set was won by Air India players. However, the tables turned in the consecutive sets. The final set which was the deciding round was hard to miss. Realtech Nirman won the final set and swept the floor off the opponent?s feet. The champion?s cup was handed over to the winning team by a member of The Saturday Social Club Kolkata. ?We have great players and a very close knit team. Their bonding in real life is also the reason behind their team work and individual effort. I hope we win more such matches in future together. On behalf of our team I thank the organizers and sponsors along with the supporters who boosted their confidence during the match. My friend and co-owner of the company, Sk. Nasir has always stood by my side and supported me in all my endeavors. It is his prayers and by the blessings of the Almighty that Realtech Nirman has seen growth and success in every way possible?, said Shishir Gupta, Managing Director and team owner, Realtech Nirman Pvt. Ltd.

Another win by Realtech Nirman against Nicco Group. The Feather Cup Badminton Tournament 2018 organised by Lake Club on Jan 20, 2018, was won by the Realtech Team. The players put up a fair play and their best efforts resulted in the championship. The opponents too put up a great show and were a neck to neck competition. The game was spectacular and all players gave their 100 percent efforts to win the game.

The Space Circle Corporate Badminton & Table Tennis Tournament held in December 2017 at VIP Road Club witnessed a fierce competition. A table tennis tourney was also introduced for the first time. Leading corporates like Realtech Nirman, Spy Eye, and IBM participated in the tournament. The third edition of the tournament was presented by The Telegraph and coordinated by Mr. Sanjeev Ghosh, Corporate General Manager, Space Circle. Realtech Nirman gave the participants a great competition and won the Men?s Singles and Mixed doubles. Mixed Doubles Champions: Mr. Shishir Gupta and Ms. Manisha Tharad Men?s Singles Champion: Mr. Tuhin Ghosh

Amidst the pomp and show of the grand ?Durga Puja? celebrations in Kolkata, we tend to forget our elders, the senior citizens who need help to fully participate in the festival. For the past 8 years, ?Realtech Nirman Pvt. Ltd.? has been organising ?Realtech Real Puja Parikrama? and still now, 8000 senior citizens have participated in the event. ?Realtech Real Puja Parikrama 2017? was held on 25th September. In this year the celebrations got a different dimension with the presence of the chief guest Miss Jhulan Goswami. Along with the active participation of the Kolkata police, ?Realtech Nirman? ensured the grand success of the Parikrama. Twelve luxury, air-conditioned buses were arranged to take the participants at different Puja pandals spread across the North and South Kolkata. Caps, umbrellas, water bottles and food packets were distributed to them. According to the Managing Directors Mr. Shishir Gupta and Mr. S.K. Nasir, they receive their biggest rewards in the way of the smile and happiness reflected on the faces of the senior citizens.

A Corporate Badminton Tournament 2016 was held at the Space Circle. Many leading corporates participated in the event including the Realtech Nirman Pvt. Ltd., Indian Oil, IBM, PWC, The Telegraph, Capgemini, Concentrix, Aditya Birla Insulators among others. We won the dual titles that of Men?s Doubles and Mixed Doubles Runners-up.The Space Circle Club organised the tournament that was held from 11th Feb to 20th Feb. Mixed Doubles Runners Up: Mr. Shishir Gupta and Ms. Manisha Tharad Men?s Doubles Runners Up: Mr. Shishir Gupta and Mr. Vaibhav Dalmia

Spring is the time of rejuvenation and the young team of the ?Realtech Nirman Pvt. Ltd.?, organised a programme to celebrate the spirit of Colours & Celebration. On the 8th and 9th March, 2017, our Canter van passed through the Sector V and New Town areas of Kolkata. The objective was to give a colourful touch to the mundane, daily life of the office goers. To carve the memorable moments, we organised dance and musical renditions based on the ?Rabindra Sangeet?. A quiz contest was also arranged where the winners had been presented with the organic colours or ?Abir?. Hope, the colours of Spring would feel your life with positivity. Wish you all the very best for your future endeavours.

The Gold Plate championship organized by SportZinger at South City Housing Society was a pure delight. The Shuttle Knock was won by Realtech Nirman group against the Rajwadas in the Gold Plate Championship. Mr Shishir Gupta and Manisha Tharad became runners-up in the Mixed doubles against Mr Tuhin and Ms Shaila. Ms Manisha Tharad also held the winner?s trophy in the Women?s Singles championship. The event that took place on 20th May 2018 was a neck to neck competition between the corporates with a mind-blowing performance by all teams who took part in it.

Planting smiles and building dreams for #real

The annual event of Pujo Parikrama for senior citizens of Kolkata has completed 10 years this year. The event has become grander every year, adding new people and touching new milestones with every passing year. Real Pujo 2019 was held on Maha Panchami like every year and was flagged off from Manicktala in the north and Tollygunge in the south with 22 buses arranged for 1000 senior citizens. The event organised by Realtech Nirman included cultural performances and pandal hopping along with lunch and snacks arranged for the seniors who joined the parikrama.

The Gold Plate championship organized by SportZinger at South City Housing Society was a pure delight. The Shuttle Knock was won by Realtech Nirman group against the Rajwadas in the Gold Plate Championship. Mr Shishir Gupta and Manisha Tharad became runners-up in the Mixed doubles against Mr Tuhin and Ms Shaila. Ms Manisha Tharad also held the winner?s trophy in the Women?s Singles championship. The event that took place on 20^th?May 2018 was a neck to neck competition between the corporates with a mind-blowing performance by all teams who took part in it.

Aji E Basante, the annual Dol Milan Utsav was celebrated with much more pomp and show this year by Realtech Nirman. The event witnessed many corporates who voluntarily participated in the event which made it a great success. The enthusiasm showed by the employees of the company brought its award when foreign corporates took equal interest and showed their sporting attitude by coming forward and smearing colors with those present in the event. We hope they will be taking back good memories of Kolkata and our culture and return next year to enjoy the festival again. A canter van visited some areas of the special economic zone near Salt Lake and Rajarhat-New Town regions where a dance troupe performed on the tunes of Kabiguru Rabindranath to commemorate the festivities of Shantiniketan. Quiz contests and interactive game sessions were hosted and the winners were given herbal color packets to celebrate the colorful festival with their loved ones.

Revisiting the success of previous years? events, the ?Realtech Real Puja Parikrama 2017? has once again etched some memorable moments with participating senior citizens from across Kolkata. Thanks to the unique ideas developed by the Managing Directors Mr. Shishir Gupta and Mr. S.K. Nasir, the senior citizens enjoyed cultural events, folk songs like ?Baul Geeti?, sumptuous meals etc in the presence of the chief guest Miss Jhulan Goswami, the star pace bowler of Indian Women?s Cricket Team.Twelve air-conditioned buses were arranged for taking the senior members at the big Puja pandals spread through out the North and South Kolkata.

The 71st Independence Day celebrations got a new dimension when the executive body and employees of Realtech Nirman Pvt.Ltd. lived the true spirits of the day with genuity and warmth. The team Realtech Nirman organised different cultural events to commemorate the sacrifice of our freedom fighters.