Despite being a metro city, West Bengal’s capital stays true to its culture. Thus, generational families and even the young generation prefer buying a big-size home. Considering necessity, developers emerge with the 4 BHK and 5 BHK apartments in Kolkata. Interestingly, unlike the only RERA body formed under the Union Ministry of Housing and Urban Affairs, West Bengal has its separate RERA forum. Thus, apartments for sale in Kolkata are safe to invest in.
Reasons to Invest in Luxury Apartments in Kolkata
Kolkata is beyond Durga Puja and Rasugulla… It is a city of joy thanks to its budget-friendly real estate market. As time changes and income amplifies, the demand for qualitative residential accommodation starts grappling with residents. Thus, a slow but steady transformation of the layout is taking place.
Its biggest example is Godrej Blue in New Alipore, Kolkata. Urban landscaping allure investors. Additionally, the leisure sphere and wellness zone raise the style of living at best 3 BHK and 4 BHK apartments in Kolkata.
Likewise, there are multiple gated communities with the best 2 BHK, 3 BHK, and 4 BHK apartments in Kolkata. Along with strategic locations, several other features make them popular amongst aspiring homebuyers. Thus, here we list the top reasons to invest in Kolkata residential real estate.
Layouts
With the expansion of families and income, privacy and togetherness are the major things everyone looks for. Hence, gated communities with larger plot sizes and floor plans are designed in the city. The addition of the latest cutting-edge technology to the construction arena works miraculously.
It brings alive the dream of urban architecture and sky-high residential accommodations. Welcome to the dream living destination of high-rise and RERA-approved luxury flats in Kolkata. Explore distinguished housing options with servant and study options.
Top Notch Amenities
In the wake of matching the fast-paced world, the self-care notion loses its shine. But, the upcoming
residential projects in the city of joy bestow options to embrace overall wellness.
Wake up every morning in the harmony of birds chirping and the cool breeze. Even the centrally located housing accommodations render solace. In the city, peaceful environment is a blessing in the bustling city. From a well-equipped gymnasium and meditation deck, the gated communities have many wellness and fitness features on the platter.
A disciplined company from an early age defines an individual personality in the future. Thus, a home neighbouring concurring minds creates a positive atmosphere for young minds to grow. The holistically developed kids' play areas enlighten kids’ lives with a problem-solving approach. It acts as a school of thought for the next generation keeping them hopeful about forthcoming.
Social Wellness
The grand central lawn and amphitheater are the alluring features of the best luxury apartments in Kolkata. With life being too busy for everyone, the ratio to socialize does shrink. Hence, developers introduce housing projects with party lawns, BBQ points, and more to bring friends and families together.
Not just a place to hit the dance floor but also the reflexology path and jogging tracks embrace social wellness. Match footsteps with like-minded neighbours at these places and experience blissfulness. Talk your heart to friends and feel at peace.
Sporting Arena
Almost every individual as a passion for sport since childhood. But, the race to perform and attain a good lifestyle, makes the passion blur. However, the thoughtfully-designed multi-purpose play court reignites the lost interest. Thus, invest in the best
2 BHK apartments in Kolkata and indulge in the sport that’s close to your heart.
The gated communities have dedicated sporting areas for badminton, tennis, basketball, and volleyball. Some offer skating rings, cricket pitches, and indoor gaming rooms. Thus, residents of the best residential communities can enjoy friendly competition.
Security and Safety
Everybody feels concerned about loved ones' safety and developers render the same. Along with visitors' log records and CCTVs, the reserved parking for residents raises the benchmark of security.
Some residential societies go a level beyond and offer keyless entry and video door phone facilities. Check out the best apartments in Kolkata for sale to know better.
Sustainability
With air pollution grappling lives into toxicity, Kolkata real estate prefers the green living concept. Along with the majority of green open space, solar panels do work in its favour. In addition to minimizing carbon footprint, nurturing natural resources via rainwater harvesting is the trick.
Also, the water recycling treatment and other processes keep the atmosphere clean and green. Thus, investment in 3 BHK apartments in Kolkata is a wise decision.
Residential Apartments in KolkataDocumentation, Tax Relief & Stamp Duty
Kolkata, West Bengal state’s capital is witnessing massive infrastructure development. Complimenting it are the RERA forums. One is the regular RERA body regulated by the Union Ministry of Housing and Urban Affairs. While the second is HIRA (Housing Industry Regulatory Authority) operational under West Bengal State Government.
Amid the presence of these regulatory bodies, there isn’t a chance of duping homebuyers. Thus, finding a home in the city of joy is simple. Make the homebuying journey seamless by keeping the below-listed documents handy.
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ID Proof (Aadhaar Card, PAN Card, Driving License)
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Receipt or Demand Draft (DD) as a payment proof for Stamp Duty, Registration Fee, and Transfer Fee.
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Section 32A form of Claimants/witnesses/executants
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ID Cards and Photos of two witnesses
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A photo with the property’s front view
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GPA/SPA Documents
By keeping these documents ready, you sail through an easy home buying process in the city. The quick availability of these documents reduces time investment largely and eases the process of acquiring possession of housing process.
The tax holiday is a key feature every homebuyer looks forward to. The rebate under Section 80C and other provisions of the Income Tax Act rejoice investors. Enjoy deduction on Capital gains and interest on home loans too.
The registration rate is distinguished in the state of West Bengal. The stamp duty rate is 4% to 5% on apartments in Kolkata for sale in urban areas. However, it lowers to 3% to 4% if the residential property is in the rural area.
Although, the registration fee of 1% remains the same for urban and rural areas in West Bengal.
Check Out | Localities with top Apartments in Kolkata
Joka
It is an emerging locality in the South-western region of Kolkata. Here, the well-aligned road, metro, and tram network create a perfect environment for residential real estate. Salt Lake City is just an hour away from here, thus demand for luxury apartments in Kolkata, Joka is exponentially high.
The locality is the center for educational establishments as notable educational establishments are in quick proximity. IIM-Calcutta and Calcutta Business School are the prominent academic institutions beneath the rising necessity for luxury apartments in Kolkata.
A major infrastructure development that lets investors raise an eyebrow is the upcoming metro network. Including Joka BBD Bagh, extending to IIM and Diamond Park ease accessibility from home to several landmark places.
Sodepur
The centric-location of Kolkata enjoys seamless connectivity to BT road and Barrackpore suburb. It enjoys a congestion-free road network to RN Avenue and AM road. The easy access to the Sealdah-Ranaghat railway route and retail spheres, life is happening here.
The robust infrastructure and easy connectivity entice buyers here to explore the best luxury apartments in Kolkata. In the city, Sodepur captivates everyone with nature and fresh air, thus Godrej Properties renders exclusively designed best apartments in Kolkata for sale here.
New Alipore
Loaded with exotic greens and open space, New Alipore is the most blissful living destination. The tree-aligned pathways and gardens raise the charisma of a spectacular lifestyle.
For property investors, the best 4 BHK and 5 BHK apartments in Kolkata are here. Being one of the sought-after destinations, the locality is chosen amongst affluent. With proximity to BBD Bagh and Camac Street, the locality is ideal for professionals to enjoy a privacy-enable life.
These are the best localities and features of Kolkata real estate. With reputed developers foraying into the city, the expectation of quality housing is turning into a surreal realty. Thus, the Kolkata real estate market serves best to multi-generational families and young professionals.