Month: September 2023

What Are the Benefits of Living in Kolkata?

Living in Kolkata which is the “City of Joy” & the “Cultural Capital” of India as well. It is also the capital of West Bengal. West Bengal is a state that has significant contribution to the Indian freedom fight, is the highest producer of Jute, and is known for its noble laureates. If you are settling in Kolkata or about to settle down in Kolkata, you may be thinking about its advantages. Today in this blog, I will discuss the benefits of living in Kolkata.

 

1. Affordability- Living in Kolkata:

Living in Kolkata is one of the most affordable metro cities in India. The cost of living in Kolkata is really low. You will be able to get a full plate meal for just 40 rupees in Dacres Lane which is also known as “Office Para” in Kolkata. Well, not only the food; transportation & rent are also lower in Kolkata than any other metro city of India. So, if you are looking for a budget-friendly lifestyle then Kolkata is heaven for you.

 

2. Availability of houses- Living in Kolkata:

Normally in other metro cities, you will face a huge issue in finding a decent, reasonable house near your workplace. On the other hand, it is quite an easy process in Kolkata. Although Kolkata is also a crowded city & it is expanding to make space for its residents. However, you will be able to get a home at an affordable price or rent. All you need to do is to connect with the right real estate agent.

If your workplace is Newtown, Rajarhat (as it is becoming the new IT hub of Kolkata) you can connect with the Realtech Nirman to get an affordable home. They have various luxurious yet affordable projects in this area such as Rajmahal, Rajokiya, Rajvansh, Khushi, etc. In these projects, you can get a 2 or 3-BHK flat from 23 lakhs onwards. You can connect with Realtech Nirman regarding the rental homes as well. Their vast network & colossal experience in the real estate market will help you to get your desired property.

 

3. Food:

If you are a food lover then Kolkata is the paradise for you. Kolkata is not only famous for Bengali cuisine, it is also famous for street foods. The famous international website “Eater” has recommended Kolkata as one of the 11 food destinations in the World in 2023. In this topic, it is important to mention that Kolkata is the only city that has been chosen in this list from India. Other cities on the list include Tamaki Makaurau in New Zealand, Asheville in North Carolina, USA, Albuquerque in New Mexico, Guatemala City, Cambridge in England, Halland in Sweden, and Sardinia in Italy. They have mentioned that this list was not only based on the food or on the taste of the food. It was chosen on the basis of people, culture, environment, and history behind the food.

Well, if you want to know the must-try dishes of Kolkata then the list is really long. You can try fish dishes, biryani, and sweets like Rosogolla and Sandesh.

 

4. Communication system in Kolkata Rajarhat:

Kolkata is a well-developed city not in terms of buildings or roads only. It is well developed in terms of public transport as well. Almost the whole city is connected by metro now. In fact, India’s metro journey started from Kolkata in 1984. Not only that India’s first underwater metro service is started in Kolkata. It is part of Kolkata’s East-West Corridor Project. The East-West Metro Project will link Sector V with the Howrah Maidan on the other side of the Hooghly River. Apart from the metro the yellow taxis, buses & trams are also famous in Kolkata. So, you do not need to worry about reaching the office time in Kolkata at all.

 

5. Education system in Kolkata:

Kolkata has a long rich history of quality education. Personalities such as Rabindranath Tagore, Vidyasagar, Madhusudhan Dutta, etc. belong to Kolkata and worked hard to educate society. Well, with time this pride of Kolkata has increased. You will be able to get a chance to study in prestigious institutions such as Presidency College, Jadavpur University, Indian Institute of Management, IIT Kharagpur, etc. in Kolkata.

Well, not only the colleges, but Kolkata has some great schools as well. If you have kids at home and you are moving to Kolkata, do not worry about education. If you are planning to move to Newtown, Rajarhat area, you will be able to find schools such as Orchids The International School, B.D.M. International School, Bodhicariya Senior Secondary School, Delhi Public School Newtown, Delhi Public School Megacity, Holy Trust School, Our Lady Queen Of The Missions School, Bhavans Gangabux Kanoria Vidyamandir etc.

 

6. Cultural capital of India:

Do you love arts & crafts? Do you love to watch theatres? Then Kolkata is going to be a paradise for you. Kolkata is known for its arts, literature, culture, music etc. The city hosts numerous cultural festivals, art exhibitions, and performances throughout the year.

 

7. Witness the history:

Do you know that Kolkata was the capital of British India initially? British were forced to move their capital due to intense revolutionary activities. The freedom fighters of Kolkata left no stone unturned to get the desired freedom for Mother India. Kolkata is still carrying the footprints of the colonial past. You can visit Victoria Memorial, Howrah Bridge, the Indian Museum etc. in Kolkata if you want to know the history more.

 

 

Some common FAQs:

Is Kolkata safe for women?

According to the data of the National Crime Records Bureau (NCRB) Kolkata will be the third safest city for women in India in 2022. Well, not only in 2022, Kolkata became the safest city for women in 2018, 2020, & 2021 as per the data of the National Crime Records Bureau (NCRB).

Is Kolkata people do politics more?

There is nothing like that. Kolkata, rather Bengali people are more aware about the national & international politics. They love to stay updated & they raise questions if they see anything undemocratic or wrong. So, it is not that every people of Kolkata or Bengal are involved in politics. However, they fight for democracy.

Is finding a home in Kolkata easy?

Yes. Well to make this process easy & smooth you must connect with a real estate agent & you have to be very clear about your demands & budget. If you want to get a home in Kolkata you can connect with Realtech Nirman Group. They have been serving the real estate industry for a decade now & they have several projects in different places in Kolkata. Additionally, Realtech Nirman offers flats or houses at a reasonable price. So, if you are moving to Kolkata, do not worry about getting a home or house. Just connect with Realtech Nirman.

Does Kolkata have any good colleges or universities?

Kolkata has prestigious educational institutes such as Presidency, Jadavpur University, Indian Institute of Technology Kharagpur, Indian Institute of Management, Indian Statistical Institute etc.

How can I get admission to any prestigious educational institute in Kolkata?

You need to check their website for this purpose. I can mention some of the famous educational institutes. For example, Kolkata has Presidency College, Jadavpur University, Indian Institute of Technology Kharagpur, Indian Institute of Management, Indian Statistical Institute etc. You can check their website to know their admission criteria & academic year.

Cost of leaving in In Kolkata?

No, not at all. Kolkata is the most affordable metro city in India. You will be able to get a full meal in Kolkata with just 40 or 50 bucks.

Does Kolkata have a good nightlife?

Kolkata has a vibrant nightlife culture, several restaurants, pubs, and bars can be found in the city. During festivals, the city’s nightlife culture can be experienced at its fullest. Kolkata is one of the safest cities to roam around at night.

Do I need a driver’s license to drive in Kolkata?

Yes. Kolkata Police is very strict about this.

What kind of papers do I need to get a rental house in Kolkata?

Well, it depends on the real estate agent and the owner of the house. However, there are a few papers that are mandatory such as Identity proofs, driver’s licenses, etc.

Is the law & order of Kolkata good enough?

Kolkata became the safest city for women in 2018, 2020, & 2021 as per the National Crime Records Bureau (NCRB) data. In the year 2022, Kolkata became the third safest city for women in India according to the National Crime Records Bureau (NCRB). In short, Kolkata Police takes good care of the law & order.

Final words: Kolkata is the “City of Joy”. It can be called a paradise for the people who love art & culture, who love to stay in connection with the roots. Kolkata has a special charm which will force you to fall in love with the city, the people & the culture. Well, not only this. Kolkata is one of the most affordable cities in India & the most affordable metro city in India. So, it can be stated that Kolkata takes care of your heart & your pocket too. If you are planning to move to Kolkata, don’t think much, just do it. For any home-related query, you can connect with Realtech Nirman at any time.

Top 10 Biggest Residential Project in Kolkata (2023)

Real estate is one of the growing industries of Kolkata & India. In data, it has been shown that presently, this market is 20,000 crores in terms of GDP contribution and it is expected to grow 65,000 crores by 2050. Undoubtedly it is one of the most profitable businesses. However, if you are about to start a real estate project it is important for you to know the most important tips to make a successful real estate project. As real estate projects involve a lot of money & time, any kind of mistake can lead to a serious issue for you. So, in this blog, I will give you 10 tips for planning a successful residential project in Kolkata.

 

1. Choose the location first to build the Residential Project in Kolkata:

Location plays an important role in the Residential Project in Kolkata. Most of the buyers buy a residential flat/ house to live there forever. So it is important for them to have all the basic amenities such as schools, hospitals, a good transportation system, a lower rate of crime, etc. At the same time, most of the buyers tend to buy a property near their workplace. So that, they can manage their tight schedule more effectively. With consideration of this, Realtech Nirman has chosen the Rajarhat, Newtown area for most of the projects.

Realtech Nirman has Rajvansh, Rajokiya, Rajmahal, Khusi, etc. projects here. Rajarhat is the new tech joint of Kolkata & a growing smart city. It has secured the 8th position among the 100 smart cities of India. Rajarhat area has some great schools such as Bodhisukha School, Camellia Public School, Narayana School Barasat, Narayana School Sodepur, Devaki Memorial School, Delhi Public School Megacity, Narayana School Newtown, North Point Senior Secondary Boarding School etc. Well, not only schools, this area has top hospitals such as Kaya Clinic. Dermatology Hospital, Apollo Clinic. Psychology Hospital, Renaissance Hospital, Birati Municipal Hospital. Cardiology Hospital, Charnock Hospital, Spandan Hospital. Teghoria, Spandan Hospital. Ear-Nose-Throat (ENT) Hospital, Spandan Hospital. Orthopaedic Surgery Hospital etc.

The Newtown, Rajarhat area has some great roads & it is connected with the whole of Kolkata & the lower rate of crime makes it one of the best places for Residential Project in Kolkata.

2. Set a budget-residential Project in Kolkata:

A budget is not only important for buying a flat, it is also important for making it as well. A real estate project has a lot of variables such as the cost of materials, labor, permits, etc. So, it is important for the builder to have an idea about the latest prices of these all before starting the project. However, it is also important to mention that the prices of these variables fluctuate throughout the year. So, do not overburden yourself. If as a builder you are getting that you don’t have enough money for the project you can go for a partnership or you can take a loan from a bank as well.

3. Hire a reputed contractor-upcoming Residential Project in Kolkata:

After amenities, it is the quality of the construction that makes you a successful builder. So, always choose a reputed contractor. They usually have experienced engineers, professionals & different sets of teams to fulfill their commitment.

4. Set a timeline:

A timeline is always important, be it for cooking or for a real estate project. Timeline helps you to be more realistic & active on the project. If you have a timeline, you will be able to make schedules, milestones, deadlines, etc. You will be able to track the Residential Project in Kolkata , effectively & there will be fewer chances of any kind of money waste. At the same time, it helps in gaining the trust of the consumers. If the buyers get their project on time, they tend to refer to the other potential buyers which works as “word-of-mouth” marketing & helps you get more buyers. However, if a builder tends to delay the project, they get negative reviews quickly. So it can be stated that this tip will be helpful in the long term.

5. Get all the permits:

Permits play an important role in terms of managing the legalities of a real estate project. A builder needs several kinds of permits such as land title, land clearance, zonal clearance, etc. to maintain the legalities of a project. The time of getting these permits depends on the location of your project & it also involves a lot of money to receive these all. So, it is important for the builder to get all the permits before starting the project. So, if you are a beginner in this business, try to hire an experienced lawyer for a smooth process. Realtech Nirman maintains a whole legal team which helps them to finish this process with ease.

6. Pay attention to the materials:

Do you know what makes a reputed builder, “The reputed” one? It is the quality of the construction. A successful project cannot be determined by the selling rate only. It is determined by the satisfaction of the consumers. So, do not forget to check all the building materials that are being used in the construction process. If you are recruiting a contractor, pay attention to what are they using for the project. If you provide a good construction, it will help you to become a brand.

7. Don’t forget to have a plan “B”: Fulfilling a real estate project is a big deal. There is an ample amount of risks & factors related to it. For example, the prices of the material can increase or there can be some legalities regarding the land. So it is important to manage a contingency fund for your project which will help you to complete the project and also manage a whole team who will help you by giving important ideas to overcome these issues.

8. Stay connected:

Making a residential project is an intense job. You need to be invested in this project in every aspect and you need to put your point of view on every aspect such as from the layout of the building to the materials used. Do not depend on someone else to take care of these parts.

9. Communication is key to success:

A real estate project such as a residential building involves a lot of people such as contractors, stakeholders, suppliers, etc. It is your responsibility to keep them on the same page. It also involves sharing your vision with them and knowing their vision as well. Regular communication helps in getting different points of view, helps in building trust & bonds & also helps in overcoming difficulties together. So, do not forget to have regular meetings or communication.

10. Hire a design professional:

Most successful builders hire an architect or interior designer or many times they hire both to ensure a great quality project. It takes a few months of research about their charges & work patterns before hiring them. Do not forget to get a clear view of your target audience and choose an architect or interior designer according to that. For example, most of the Indians believe in Vastu Shastra. So, it is important for you to hire a professional who has experience in this field. Remember, designs help you to stand out in the market.

 

Some common FAQs

Is real estate a profitable business?

Yes, the demand for housing is increasing significantly which is helping to make a profitable business.

 

How much capital do I need to start a real estate business?

Well, it depends on the location you are working. For example, the price of 1,200 per sq. ft of land in Newtown, Rajarhat is 21.6 lakhs. So, make a detailed research on the internet before you start working on it.

 

How many years has Realtech Nirman been serving the real estate industry?

Realtech Nirman has been serving the real estate industry for a decade now.

 

How can I ensure the quality of the construction materials?

You need to inspect the quality of the materials physically. In that case, you must have a significant amount of knowledge about the building materials. I would suggest you work in a real estate company or in construction for a time before you start working on your own. This will help you to gather related information & will also help you in knowing the steps, issues, etc. of a real estate project directly.

Can I get a bank loan to complete my real estate project?

Yes, obviously. However, every bank has its own different criteria for this. Do in-depth research and get professional help to know it better.

 

Final words: Real estate is one of the most profitable businesses in India & Kolkata. Many young people are starting their own ventures. However, it is not an easy job as it involves the emotions of the buyers. I hope these tips will help you get the desired success. Remember the preparation period can be lengthy, however, this in-depth research work brings you closer to success. That investment of time on the front end means your entire construction team, design professional, contractor, and you; help you to be on the same page. After completing these steps you can start the project.