Real estate is one of the worst affected industries due to the pandemic. Well, it can be called the worst-affected industry too. However, the scenario has changed totally. Right now, real estate is one of the rising industries in India and Kolkata. In data, it has been shown that the Kolkata real estate market witnessed a 17% increase in new launches in 2022, up from 13,746 units in 2021 to 16,088 units. At the same time, India will exhibit a compound annual growth rate of 9.2% during the period between 2023 and 2028. If you are thinking of making an investment in real estate or thinking of fulfilling your long-cherished dream of a cozy home, this is the perfect time. To help you in this journey, today I am here with a list of top real estate companies in Kolkata.
1. Realtech Nirman: Best Real estate companies in Kolkata:
Realtech Nirman is holding the 1st position in my list of top real estate companies in Kolkata near you because of their consumer-oriented mentality. This real estate group has been serving the Kolkata real estate industry for a decade now and they have more than 2500 satisfied customers.
Some of the most successful projects of Realtech Nirman are Rajotto, Rajokiya, Rajvansh, etc., and all these projects are situated in Rajarhat, New Town which is the heart of Kolkata.
The above-mentioned projects have all the amenities for life such as a community hall, a swimming pool, a parking space, a 24*7 power supply, their own water plant, a fire management system, an updated security system, and so on. These projects are built in a way that every apartment gets a balcony and ample amount of sunlight too. With a great construction quality & luxurious interior these apartments are no less a dream. So, it definitely deserves the position One.
Highlights of the Realtech Nitman group:
12+ completed projects
14 ongoing projects
2500+ satisfied customers
40,000 social media followers
Top-notch construction quality
Great interior
Most of the projects are situated in the Rajarhat, Newtown area which is the new IT hub of Kolkata.
Almost every project has all the amenities for life which makes it consumer-oriented.
Believes in saving nature so, working for sustainability too.
2. PS Group:
Now it is time to move to position 2 and the 2nd position of the list of the top real estate companies of Kolkata near you is holding the PS Group. PS Group has also served this industry since the year 1985 and they are one of the leading companies when it comes to working on the sustainability issue in the real estate industry. They have most of the projects in the EM Bypass.
Highlights of the PS Group:
Working for sustainability within the real estate industry
Serving the real estate industry since 1985
Working for sectors like education & other. So, it can be stated that they are doing their social responsibilities with business too.
Delivering high-quality projects which is helping their group in gaining consumer satisfaction.
3. Merlin Group:
In 1984, The Merlin Group was founded as a real estate firm. Originally based in Kolkata, the group now operates in Ahmedabad, Raipur, Pune, Chennai, and Colombo in addition to its home city of Kolkata. Over the past thirty years, the group led by Mr. Sushil Mohta has built over one hundred office buildings, retail stores, malls, country residences, IT buildings, hospitality organizations, hotels, resorts, and residential projects like four-bedroom apartments in Phool Bagan.
Highlights of the Merlin Group:
30 years of experience in the Kolkata real estate industry
Construction quality is quite good
4. Ambuja Neotia:
Ambuja Neotia group is holding the 4th position on my list of the top real estate companies in Kolkata near you. Although it is mostly known as a hospital brand. However, they have their footprint in various industries and they have been serving the real estate industry for 20 years now.
Over the past 20 years, the Ambuja Neotia Group has operated in a number of areas, including real estate, hotel, healthcare, education, and incubation. Under the direction of Chairman Harshavardhan Neotia, their real estate footprint has grown over the past 20 years, with the construction of several residential, commercial, and residential properties.
Highlights of Ambuja Neotia group:
Serving this industry for 20 years now. So, they know about the demands and the needs of the people.
Ambuja Newotia Group is also known for its premium construction quality.
This group is also known for making affordable housing projects.
5. Srijan:
Srijan is holding the 5th position on my list of the top real estate companies in Kolkata near you. One of the top real estate firms in Kolkata, Srijan Realty Private Limited also develops real estate in our own city of joy and is active in Asansol, Burdwan, and Chennai in Eastern India. It began as a real estate marketing firm (NK Realtors) and transitioned into real estate development in 2003. This means that its origins are in marketing. Since its founding, Srijan has finished sixteen projects. Ten more projects are in the process of development, and there are now 14 active projects.
Highlights of the Srijan group:
Well, in comparison to the other groups, Srijabn can be called the “Newbie” of this list. They have 16 years of experience serving the Kolkata real estate industry. However, in these 16 years, they have made themselves a brand.
Srijan group has expanded in various fields of real estate such as housing projects, townships, gated communities, commercial parks, hospitality destinations, and showrooms.
Also Known for developing affordable and premium flats and villas in Kolkata.
Some common FAQs
How can I be a real estate builder?
Well, if you want to be a real estate builder, you must know about this industry first. Real estate is a knowledge-based industry basically. To gather this knowledge you need to work in this field first. You can work in a real estate company or you can work under an agent too and only after that you can start your venture.
How can I start a real estate business?
Let me tell you this with some pointers.
1. First, you need to select the area of your work and the kind of real estate work you want to do. For example, you want to work in the Rajarhat area of Kolkata and want to make commercial spaces.
2. You must have a license and enough knowledge about the area.
3. Chalk out a business plan and gather some capital. You can take a bank loan for that.
4. Build your team. Now, it is one of the most crucial points. You cannot do anything without a good team. So, build your team carefully.
5. Get an office space & start acting now.
Is real estate a risky business?
Let me tell you very honestly, every business is a risky business. You can lose your money if you fail to fulfill the demands of the consumers and that’s why I have mentioned clearly you must have enough knowledge first. In short, yes, real estate can be risky if you don’t have enough knowledge or clarity.
Do I need a big capital to start the real estate business?
Well, it totally depends on the area you want to work in. If you want to do a project in the Bypass area of Kolkata, it is obvious that you will need a high budget to buy a plot there. To get the best clarity, you must chalk out a business plan according to your budget and sources. This will help you to get your desired success more easily.
Is a real estate broker a high-paying job?
One of the most lucrative and well-paying careers in the real estate sector is that of a real estate broker. Experienced brokers typically earn six figures. This is a figure you can only reach after you have a solid reputation.
What do I need to do to get a RERA license?
You can do it online. You can directly go to the West Bengal Housing Industry Regulatory Authority website and then click on the “Online Registration Tab”.You will get three options there and you need to choose the “Real Estate Agent”.You will be asked to fill out an online form and you will need to pay the fees.
Do I need any documents to get the RERA license?
You will be asked to submit documents such as ITR papers of three years, PAN card, Adhaar card, etc.
Is Kolkata a good option for starting a real estate company?
The Kolkata real estate market witnessed a 17% increase in new launches in 2022, up from 13,746 units in 2021 to 16,088 units. So, it can be noted that it is one of the most promising real estate industries in India and also the best place to start your business.
Final words: It is important for you to get enough knowledge about real estate companies to make a good investment and I hope this blog will help you with that.
