Category: Real estate

How East-West Metro Corridors Are Encouraging Real Estate Developers In Kolkata

Present Day Kolkata

Today?s Kolkata is an amalgamation of energetic and cultural crowd representing the youth with a modern outlook towards life. The city sees the daylight with office goers rushing for their workplace with no time for the little pleasures of life. This is, however, the story for all those residing in the metro cities in India. Kolkata, like all other metropolitans, demands quick transport services and latest facilities that will prove supportive to this modern day lifestyle.

With the motive to make provisions for latest amenities to the citizens, the government has prioritized to stage modern infrastructure and ample civic amenities in the city. The Metro East-West Corridor is a part of this venture too. The fast-paced life led by today?s generation need the best of transport and livelihood facilities, especially in the special economic zone of Rajarhat and Newtown areas. It has been observed that due to development of the IT sector in the Rajarhat-Newtown areas, a lot of real estate developers in Kolkata are investing in these areas. The IT hub of the city has seen a big transformation in the recent years. A bulk of the population has been planning on buying apartments in Rajarhat near their workplace which seems to have witnessed a boost after the announcement of the Metro East-West Corridor connecting Garia on one side to Airport on the other part of the city.

Residential Projects near Metro Railway in Rajarhat-Newtown: the New Address of Real Estate Developers in Kolkata

Rajarhat, Newtown, DLF-IT Park, Sector V and Salt Lake is the home to many IT companies due to which a major part of the population is seen to take interest in acquiring properties in these parts of the city. This place also hosts luxurious hotels, restaurants and lavish malls and entertainment parks with a rich spread of greenery to bring relief in the concrete jungle. Not only that, the healthcare giants like Ohio Hospital, AMRI, TATA Cancer Centre are also facilitating the people and are well connected by roadways and now through the upcoming metro station.

It is only natural that this area which is now under Special Economic Zone will see a big jump in the next 5 years. The real estate developers in Kolkata are, therefore, coming up with latest and affordable projects in these zones.

The upcoming metro station shall give an upper hand to all those investing in the real estate sector in Rajarhat-Newtown. Real estate developers in Kolkata are offering affordable luxury apartments in Rajarhat at best prices ever! It is recommended to buy flats in Rajarhat near your workplace if you are an IT employee as that will reduce the transportation time as well as cost. Esteemed educational institutions are also keeping up with the growth and development of this place and has purchased land for an establishment in near future most of which are already in place.

As very rightly said by Will Rogers, ?Don?t wait to buy a land. Buy land and wait.? The right time to invest in flats in Rajarhat is NOW.

Reducing Human Interaction in the Wake of Property Portals

Life has gone extremely busy for the millennials, particularly those who reside in Indian metropolises. To save time, the millennials are resorting to online services and the buying pattern of real estate properties is witnessing a diametric alteration. Gone are the times when people would contact real estate agents, specify their requirements and fix their dates to go and visit the properties. Nowadays, rather than physically visiting the sites, the buyers of real estate properties in Delhi, Mumbai, and Bengaluru, the 3 megacities in India, would prefer to get a 3600 view of the properties on the internet. Even the buyers of apartments in Kolkata are not far behind. They are also fast catching up with the trend. So, let us check out, why people are going online in the matters of purchasing properties.

The Influence of Internet

The internet is a safe and convenient medium for booking real estate properties. There are property portals where multiple reputed builders enlist their properties. In addition, if you conduct an online search for the metro cities of India, it is not hard to find out top real estate builders in Kolkata and the likes which run their individual property mobile apps.

The Benefits

Time saving: Probably what the gen next loves the most is the time saved. Given the time spent to reach the office and get back to home, one hardly gets free hours. While on the move, the millennials can browse through the lists and bookmark the choicest ones.

Cost cutting: No need to pay for the conveyance cost to reach the project site locations as you could share a similar experience with the aid of the top quality images and videos uploaded at the sites. At many online sites, you can even take a look at the 3600 view of the properties that give you a real-life personalized experience- as if you were physically present at the site.
In addition, when you book a property online, you save the money to be paid to the real estate broker in the cases of traditional buying methods.

Property mobile apps: To make your online experience more user-friendly, some builder houses have launched their property mobile apps. If you are having a notion that these apps could only make your process of searching the properties easier or can be at best used to save time, you are wrong.

Multiple benefits of property mobile apps: The lists of benefits you achieve depend on the number of features incorporated into an app. For example, some builders include the information in relation to the proximity of recreation centers, educational institutes, shopping malls and hospitals from the project sites. Such information really serves us a lot if we are planning to buy properties at some developing part of a city.

Direct communication: No need to contact a builder via a middleman. Just note down the contact details furnished online and get in touch with the real estate builders, directly. Get all information from the horse?s mouth.

The reputed builders are fast adopting themselves with the modified scenario. Do not forget to browse through the enlisted properties on the internet which have been built by some renowned real estate company in Kolkata for if you are planning to settle in the city. Wish you happy buying.

Are Apartments in India more Energy Efficient than Houses?

The academics and energy industry consultants have been researching on subjects like whether an apartment is more energy efficient than a single-family home. This is a boiling topic throughout the globe. People are becoming more considerate towards minimizing the carbon footprints. The need to minimize the carbon footprint and enhance the energy efficiency bears significance in the long run apart from being relevant today.

In India, top real estate companies are introducing new techniques to reduce carbon footprints. This trend is more visible in the metro cities. However, one needs to perform a comparative analysis of the efficacy of a home and an apartment regarding energy efficiency.

Recent Results

Earlier, the surveys conducted in the USA during the last decade had announced results in favor of single-family homes. However, the recent results have differed from the earlier opinions. The multi-family residential complexes with 2+ blocks use less energy than single-family homes. The result reinforces the fact that there are greater options for energy efficiency in the way of enhancing the efficiency and reducing the consumption at the end of the residents and the community owner.

However, there is no one-size-fits-all policy for energy conservation. The basic characteristic of multifamily communities and apartment owners should be technically analyzed to come to a solid conclusion.

The Square Foot Results

The study of energy efficiency is mainly based on the square footage analysis as, until recently, it seems that this had been the fairest yardstick to compare the energy consumption between apartments and single-family homes. The apartments tend to be more energy intensive as they support electronic devices and standard home appliances within a compact space. Hence, the per square foot analysis might not bring out the accurate inference. This way of analysis would ignore the ultimate energy consumption which is the final concern of the real estate industry, the nation and the world as a whole.

Calculating the Household Energy Usage

The matter is of high importance hence the analysis parameters should be more justified. Per household energy consumption is a better metric than the per square foot analysis. According to the eminent real estate companies based in Kolkata and Delhi, the energy needs of the residents vary according to their age. Therefore, per square foot analysis cannot do a proper justice to the topic in discussion.

Based on household energy usage data, single-family homes utilize more energy than small multifamily residential complexes with 2+ blocks. The trend is similar to the energy usage by most of the appliances apart from the overall cooling and heating effects. In addition, one must consider the influencing factors that impact the figure of energy consumption bill. This includes climatic effects and the age of the buildings.

Recent results favoring apartments over standalone homes are leading buyers to follow the suite. One of the many benefits of owning an apartment is energy conservation. Community living keeps you healthy and happy.

Save energy. Save earth. Save humanity.

Unexpected Ways Luxury Apartments in Kolkata Can Change Your Life

Moving into an apartment can be amazing. It is the new convention and more practical approach. Most of us live in a nuclear family as opposed to olden times when there used to be joint families in India and particularly Bengal. Although owning a house has its own benefits, there are some drawbacks as well. These are solved by community-building activities through apartments. Lifestyle gets better when you live in luxury apartments in Kolkata.

Here are 5 ways how luxury apartments in Kolkata can make your life better.

Emergency, education and entertainment: Easy access to all

Apartments in Kolkata located on the outskirts are sometimes too far from the main city, hence making it difficult to access schools, hospitals or shopping centres. Recently developed real estate projects are located in close proximity to well-known schools and hospitals. They are well connected to the nearest airport as well as the main city. You can now count on being as close to the action as possible. Not anymore do you have to worry about the schooling of your child or where to get the best medical help during an emergency while moving into a luxury apartment of choice?

Aesthetic pleasure with modern amenities

You will find many real estate properties in Kolkata that offer modern amenities but lack the aesthetic approach. How would you feel if you could sit in the garden and enjoy fresh air staring at a fountain to forget all the stress at work? Luxury apartments in Kolkata allow you to avail the modern amenities with a touch of art that subtly fills your senses and rejuvenates your mood after a long day.

Landscaped luxury apartments in Kolkata

With the rising pollution levels amidst proper Kolkata, it is not only wise but also healthy to look for a new home. A home where you no longer have to shut the windows due to dust or smoke coming in from the automobiles. A home where you can still hear the tweet of the early birds. A home where cool breeze runs through your hair. A playground where children play football on the ground and not just in the cell phone games.

Leave troubles behind and be ready to move in

Building your own house with latest facilities is not only a tedious job but also more expensive. You can get desirable features built right in with furnished units and handed over to you before you are ready to move in. This saves time researching for minor stuff like, which bath accessory will suit your needs, what design the balcony should be or which ceiling light will be soothing for the bedroom.

Luxury is incomplete without latest amenities

We hardly take the trouble of building our own Gym or a swimming pool in the vicinity of our house. The thought of apartments in Kolkata with such facilities can hardly even be possible due to lack of ample space. On buying luxury apartments in Kolkata, you can enjoy gymnasium with modern machines, play area for children, jogging area, beautifully landscaped gardens, auditoriums, lounges, and banquets. These are even close to the supermarkets or shopping malls.

How An Apartment In Kolkata Be Best Suited For Raising Your Child?

Having a family brings in extra responsibilities and more so when you have children. You may be living in a rented property until your priorities change after you decide to a family. A rented apartment in Kolkata could no longer be an option if you want to secure their life. Hence, you must take the decision of buying or building an abode. Now, you may ask us that between buying an apartment and building a home on a landed property, which is better

Let us affix a yardstick for the comparison to be made. One must purchase or build a home that is best for children. So, you could take the right decision if you know whether an apartment would better serve the needs of your children or a home built on a plot of land.

The Benefits of Raising your child in an apartment in Kolkata

Behind every decision, there should be robust reasons to back it.

  • Security: Apartments are highly secured enclosures. Modern builders prioritize users? requisites more than anything else. They never forget to bring the housing enclave within the ambit of security surveillance. Most advanced security surveillance systems are installed in the housing enclaves.
  • Children?s Playing Area: We know how difficult it is to find an open space for children in an apartment in Kolkata where they can express themselves freely with the help of silly games, interaction with the fellow children of the same age, animated conversations etc. Housing enclaves include either landscaped gardens or a separate playing area for children. Safe playing arenas for your child, is there any bigger reward that you could so easily get like by just booking a 2 BHK or a 3 BHK flat for sale and just that?
  • Company of Fellow Children: They easily gel in with the wards of your neighbours. In these days, most of the families are nuclear. So, we do not expect that the children of our relations would grow under the same roof. The society that we form along with our fellow neighbours is priceless. We should share it with our children also.
  • Time-Saving: As your children need not have to venture outside the apartment enclave to reach the gym or the swimming pool, it saves their time. Most of the housing enclaves include these facilities.
  • Minimising the Wastage of Energy: The life of children has turned quite busy. There are the swimming, yoga and physical education classes after the hectic hours spent in schools. When a gym, a swimming pool and a meditation hall themselves come in your front, there is no need to face the traffic and reach the respective classes. It will save energy to be repurposed in some more fruitful activity.
  • Offering a Community Feeling: Children will never suffer from loneliness as, within a housing enclave, the neighbours become a big family. It helps to offer a community feeling harbouring security
  • Options to Participate in Community Events: Mostly, the housing societies organize community events like local festivals, Republic and Independence Day of India. Some even arrange cultural events. These things help to make your children more dynamic.

As with most of the big metros in India, top real estate builders in Kolkata and the likes are developing high-end and medium budget housing projects which cater to the requirements of buyers. They take particular care for the needs of the buyers with families. Thus, if you are deciding to own a real estate property while planning a family, you should buy an apartment.

Top Trends in the World of Real Estate Properties in Kolkata

Over the last few years, there has been a rapid change in the world of real estate properties in Kolkata. New trends followed the old ones and they are leaving a great impact on the industry. How are the current builders adapting to the new environment? How are the consumers reacting to the new trends? Let us find out the answers.

New Trends in the World of Real Estate Properties In Kolkata

Trends tend to change and the world of real estate is not an exception. So, which are the trendiest things in the real estate properties in Kolkata? Take a look at the below-mentioned points.

  • Smart Cities: The Smart City concept adopted by the Government of India is one of the most influential trends in the market. Planned sectors with complete civic amenities offer a variety of opportunities for the builders for constructing buildings. The 2 Smart Cities of Newtown and Rajarhat are giving shapes to the aspirations of buyers.
  • Sustainable Development of Buildings: The builders of Kolkata do not shy away from fulfilling their collective responsibility towards the environment. They are building housing enclaves having landscaped gardens and water bodies. Most of the top real estate builders in Kolkata are constructing buildings after taking requisite clearance certificates from the local municipalities.
  • Affordable Housing: Builders are sharing the goals set by the Government and building affordable apartments at good locations. As the Government of India has undertaken the programme of Housing for All by 2022, our builders are also leaving no stone unturned and keeping the prices of 2 BHK and 3 BHK flats for sale at lower prices. This is providing a great opportunity to the young professionals who are now investing in real estate properties from an early age.
  • Rising Popularity of Flats: Contrary to the earlier craze for standalone flats or individual homes, nowadays the buyers in Kolkata are giving more value on accommodations built within the precincts of housing enclaves. Given the trend, the builders are including a higher number of amenities, providing complete security of the settlement and giving personal spaces to the owners.
  • Corporate Social Responsibility: Many reputed builders in Kolkata are fulfilling their corporate social responsibilities with pride. For example, ?Realtech Nirman Pvt. Ltd.? is organizing ?Realtech Real Puja Parikrama? which is a noble endeavour. Herein, around 1000 senior citizens are taken for a trip across the famous ?Durga Puja? pandals throughout Kolkata. Still, around 8000 senior citizens took the benefits of these joy trips for a long 8 years.

The times are changing and the scenarios at the market are becoming better for the buyers. The time is absolutely perfect for doing further investments in the market and exploring the benefits of latest trends. Invest after gathering all requisite information and get the best deals on the market.

Do Buyers Of Property In Kolkata Wait For Festive Season Offers?

The festive season is knocking at the doors and this is the time when buying real estate property in Kolkata is considered to be auspicious. Over the years, there has been a trend of raining offers on behalf of the builders to encourage people to invest into properties with open hands. However, situations are changing. Many buyers are treading the other way and buying properties as per convenience, without delaying the decision till the festive season.

Current Trends In Buying Property In Kolkata

Industry experts believe that the popular sentiment of waiting till the festive season offer is a matter of past now. One of the most important reasons behind this shifting trend is the buyers? age group. Rather than the old times when the bulk of buyers belong to the age group of mid-40?s to mid-50?s, nowadays the number of young buyers is rising. High-salaried millennials and the mid-30?s buyers do not mind a time being auspicious or not. They are rather more informed and practical, make decisions on business perspective.

Apart from the age group, another criteria that matters is the rise of single-member apartment buyers. Single men and women are keen to buy 1 BHK or 2 BHK apartments in choicest locations. For example, the Smart Cities of Rajarhat and New Town are rising in popularity chart. Young professionals are buying flats in Rajarhat and New Town because of many reasons. Great civic amenities, heightened security offered by local law and order departments along with high-tech security surveillance systems installed by builders around the housing projects are encouraging the single owners to buy properties here.

Single home buyers do not wait for the auspicious season to begin for buying property in Kolkata. What they need is the availability of amenities within the precinct of the housing projects. Builders in Kolkata are alluring them with expanded lists of facilities like swimming pools, gyms, big community halls, car-parking areas, 24*7 electricity and water supply, cutting edge security systems and much more!

Buyer-Centric Market In Real Estate Sector

The current market for real estate is for the buyers. If the price is the only consideration for you, discounts are available for newly launched housing projects. So, what about those nearing completion? One can also avail discounts on apartments on the verge of completion. Given the long years of experience, top real estate builders in Kolkata can easily distinguish between genuine buyers and those coming from window shopping.

Genuine buyers could negotiate the price and definitely expect some discounts from the builders. The market is more competitive and to raise the sales graph, freebies and discount offers are served on platter throughout the year. Take, for example, recently the Kolkata buyers have witnessed ?Rath-Yatra discount offers? proposed by some of the big names in the world of real estate. The time was way before the advent of the actual festive season. So, the relevance of waiting for the festive season offers is on a decline. The decision of buying apartments is purely dependent on practical necessities.

All About Home Loan Eligibility In India

Unlike many developing and developed nations, India has recorded a growth in its real estate industry. Thanks to government’s long-term massive infrastructural projects, the metropolitan and Tier- 1 cities are extending its borders. So, there is no scarcity of land for the development of commercial and housing projects. The demand for both types of properties is continually growing in metropolitan cities like New Delhi, Kolkata, Mumbai etc. Owing to better employment opportunities, people are shifting their bases here in these cities. Consequently, the demand for real estate properties in Kolkata and other cities is increasing. Banking and home loan financiers do not want to lose this opportunity. Thanks to consumer-friendly decisions made by the Union finance minister and RBI, the interest rates of home loan are declining.

Criteria for home loan eligibility for buying real estate properties in Kolkata

The criteria for home loan eligibility differ for different banks or lenders. Home loan approvals are dependent on the incomes of borrowers, their credit profiles and existing relationships with the lending institutions.

Age

Minimum Age: 21 yrs

Maximum Age: 65 yrs (depending on employment type)

Minimum Amount of Net Annual Income

Rs 5 to 7 Lakhs (depending on employment type)

Employment Type

Salaried or Self-Employed

Employment Status

Regular employment at least for last 1 year; at least 3 years of employment years in total (without any gap)

Residence Type

Rented/Owned

Residence Status

Current place of stay for last 1 year

Credit Rating

Higher ratings offered by recognised credit bureau

Type of Property to be Purchased

It affects the eligibility for loan amount

Requisite Documents for Home Loan Application

  • Photograph affixed signed applications
  • Proof of Identity: Voter ID/ Passport/ PAN Card
  • Proof of Residence: Voter ID/ Passport/ Driving License/ Electricity Bill/ Water Bill/ Lease Agreement
  • Proof of incomes
  • Salaried: Previous 3 months salary slips/ Current Salary Certificate
  • Self-employed: Previous 3 to 6 months bank statements/ Audited financial statements
  • Proof of Tax
  • Salaried:/strong> Latest copy of Form 16
  • Self-employed: Latest copy of ITR Form
  • Proof of Employment
  • Salaried: Employment certificate
  • Self-employed: MOA/Partnership deed etc. The documents proving the establishment of business
  • Property documents
  • Cheque for the Processing Fee
  • Documentation of co-applicant

The good thing is that every home loan financier has a ‘Help Desk’ for discussing the details. You can approach them for receiving proper insights. Apart from that, the legal cell of new age home builders like ‘Realtech Nirman Pvt. Ltd.’ offers all possible assistance in hassle-free procurement of home loans to its customers. If you have the will and the might to buy a real estate properties in Kolkata, the time is now. Explore the possibilities of a growing home loan market. Apply for a home loan, book an apartment and buy it!

Why you Need Open Spaces for Children In Housing Projects In Kolkata?

The families with children in Kolkata buy apartments that fulfill their overall requirements. The welfare of their children being their top priority, they prefer those housing projects in Kolkata that include open spaces for them. Playing areas for children are very important for their natural development. We all know the significance of regular physical activities on children?s growth. They not only develop the body but also help in normal mental development. Based on the latest researches, the psychiatrists are putting immense emphasis on regular playing activities for the natural psychological development of children. How well they develop long-lasting relationships with people during their adulthood greatly depend on a healthy interaction with their childhood friends!

The Necessity of Open Spaces In Housing Projects In Kolkata

Children love to run in the open spaces and it helps them to explore their surroundings. The thrill of exploring new spaces and the sense of conquering the hurdles in the forms of swings and slides instill a competitive tendency which proves helpful in their performance. Not being confined within a structured space help them to grow the ability of imagination. All these qualities prove to be immensely helpful in the development of their successful career.

The facilities that must be Offered by the real estate builders in Kolkata to cater to the needs of children

According to Joseph Lee who is known as the pioneer of the ?playground movement?, ?Play for grown people is recreation- the renewal of life; for children, it is growth- the gaining of life.? Due to scarce availability of space, the housing projects in Kolkata that are developed in the crowded residential areas are not left with the choice of adding a huge open space for the children. However, a little smart planning like proper utilisation of the podium area could solve the problem. These tricks require no adjustment with available land area or inflate the cost of building.

Why are more Home Buyers Searching for Real Estate Properties Built in the Smart Cities?

The housing projects in Rajarhat, Kolkata are built following the international standards of architecture and design. New age builders like ?Realtech Nirman Pvt. Ltd.? are keeping enough open space and playing areas for children apart from the regular gardens. Following the state rules that a specific area should be kept for maintaining greenery in the Smart Cities of New Town and Rajarhat, the projects include landscaped gardens within the boundary of the housing projects.

Naturally, prospective home buyers with children want to buy the flats built in New Town and Rajarhat for numerous advantages. They look for 2 and 3 BHK flats for sale in Rajarhat as most of them come with high-end security installations, 24X7 power backup, fire security system, car-parking areas, community halls and last but not the least open spaces for playing area. Certainly, the apartments built in the Smart Cities are giving the housing projects built in other parts of Kolkata, a tough competition.

Realtech Nirman: The Makers Of Quality Apartments In Kolkata

The founding mission of ?Realtech Nirman Pvt. Ltd.? was to stand by the firm belief of the buyers to receive the equivalent product and services in exchange for what they pay. To keep up with the faith, we give equal significance to the development of every individual apartment of a particular housing project. A singular pointed attention is given to offer a 100% user satisfaction to buyers of apartments in Kolkata.

Given the changing architectural trends of Kolkata, we wanted to offer something extraordinary to the buyers of our apartments through a strong focus on external and internal architectural designs. In general, the builders put more emphasis on amenities but we wanted to equally balance modern facilities with impeccable home designs.

When you purchase a home, you pay for a comfortable place to spend your life. In addition, there always remains a secret desire to own a signature apartment, standing out from the crowd. The impeccable designs of apartments framed by our architects help fulfil your desire. We will corroborate this claim with the help of an example in the paragraph, below.

What makes Realtech Housing Projects stand out among other ?

CurioCity housing project: Talking about one of our apartment projects ?CurioCity?, the individual apartments have been designed keeping in mind the rich history of antique architecture of Kolkata. The elegant antique architecture of the Raj era has been blended with the facilities of modern amenities. Among our other residential projects in Kolkata, ?CurioCity? will transport you from nostalgia to the present, in a smooth manner.

Hijibiji housing project: If you want to witness architectural innovations, you must visit the site of Hijibiji housing project. The innovative designs are visible in the external architecture of the apartments and the asymmetrical gardens of the housing enclave. Truly innovative and contemporary, the apartments ensure all amenities to the homeowner.

16 Aana: True to the words of famous writer Jane Austen, 16 Aana apartments offer the real comfort of staying in home, sweet home. 16 Aana apartments are located in the heart of Rajarhat, Kolkata. Proximity to the facilities like health centres, educational institutions, shopping malls gives you more flexibility. Luxury apartments are available at best prices.

Alpana: We Indians and especially the Bengalis are fond of our tradition then why not add traditional streaks to the apartment designs! Alpana apartments reflect the trends of Bengali culture through its architecture. In addition, we offer all other facilities to the apartment owners.

As we are very particular about keeping intact our hard-earned reputation, we never compromise with the quality of building materials or apartment installations.

We Know How to Keep a Hard-Earned Reputation, Intact and Spotless

If we were in your place, we would not go by the word-of-mouth reputation of a real estate company in Kolkata. Before making an investment, we would verify the track record of the company. You must follow a similar method while verifying our credentials. The reputation of ?Realtech Nirman Pvt. Ltd.? is founded over a strong base of its excellent track-record. The salient features of our way of work are incorporation of impeccable design outlays to build the apartments and a strict adherence to the completion deadline.

We use industry best building materials, follow a meticulous planning, adhere with the highest quality professional conduct and always try to excel in our service. We take care about our Corporate-Social Responsibility or CSR principles and follow the methods of eco-friendly development. For any type of help regarding information gathering, booking a new apartment or the process of purchase, we have kept an efficient team of customer relationship management on a 24*7 hours basis.

A spotless work ethics, an efficient management headed by our Board of Directors and special care taken to complete every individual apartment project are helping us to excel in our passion. To verify our credentials, our successful track record of 3 years includes the completion of more than 500 flats in different parts of Kolkata. Eight of our ongoing and five of our upcoming projects speak of the volume of work we are associated with and our vast reserve of experience in this industry.