Image credit: www.team-bhp.com
Rajarhat a neighbourhood locality to Kolkata city, is known to be a fast growing and well-planned city state. The satellite city is highly preferred in real estate terms. It has been experiencing investments from people of the state capital and other areas of West Bengal. Magicbricks noted that the area offers maximum housing options for sale.
Being so close to Kolkata, Rajarhat has a developed social and physical infrastructure. The city offers everyday necessities making it an ideal place to live. As an end user buyer or an investor, Rajarhat offers over 30 new projects which are scheduled to be delivered by this year end.
Rajarhat is a planned township and is further divided into three areas namely Action Area – I which comprises of malls, residential and commercial spaces too followed by Action Area – II serving as the main central business district (CBD) comprising of institutional plots, IT Business Parks, plots and apartment complexes and lastly Action Area - III mainly consisting of high-rise residential complexes and mini sub-townships.
As per the Magicbricks data, the new projects offer 2 and 3BHK configurations in sizes from 600 to 1600 sq ft. The property values vary from Rs 17 - 68 lakh.
Further, the New Town Acton area is also witnessing residential development. The sizes of 2 and 3BHK apartments vary between 720 to 1500 sq ft and are priced between the budget ranges from Rs 18 to 80 lakh.
The main mode of transportation in Rajarhat and neighbouring areas include auto rickshaw and local buses. The locality is situated at approximate 5 km distance from the Netaji Subhash Chandra Bose International Airport and at approximate 12 km from Sealdah Railway Station via the VIP Road.
Future prospects of Rajarhat and the neighbouring New Town Action areas seem to be positive and bright. Considering the present rate of development in the residential housing sector, investment in the locality definitely seems profitable.
Credited from: www.magicbricks.com
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