| Kolkata, the 'City of Joy' and capital state | | | | residential and commercial properties is on |
| of West Bengal is supposed to be one of the | | | | the rise in the upcoming areas of Salt Lake, |
| most inexpensive cities in India. But now the | | | | Garia-Narendrapur, Behala-Joka, Rajarhat, and |
| scene is completely different as the Kolkata | | | | Howrah. |
| real estate sector has taken a big leap in | | | | |
| the past few years. Currently, real estate | | | | With many a multinational companies making |
| market in Kolkata seems is at its lucrative | | | | their way to the city, many reputed builders |
| best and growing at a fast pace. The city has | | | | are looking forward to setting up residential |
| bagged around Rs25, 000 crore in real estate | | | | and commercial projects here. Majority of the |
| only in the past two years. With a burgeoning | | | | demand for property in Kolkata is attributed |
| demand for both, commercial as well as | | | | to the foray of domestic and international |
| residential property, Kolkata's real estate | | | | retail chains. Most known real estate |
| is once again coming back to its old lively | | | | developers are willing to invest and create |
| mode. | | | | mammoth townships and projects that would |
| | | | completely meet the international standards |
| Real estate prices in Kolkata are far more | | | | thereby luring international players to come |
| rational as compared to other metros like | | | | and invest in Kolkata. |
| Mumbai, Delhi, Bangalore or Hyderabad. | | | | |
| However, the growth has not affected the | | | | With all these factors contributing to the |
| property prices as they are still on the | | | | growth in real estate market in Kolkata, it |
| lower side in the city. Park Street, | | | | certainly will see a tremendous rise in |
| Belvedere, Ballygunge and Southern Avenue are | | | | demand for office spaces in the coming |
| some of the prime areas of Kolkata and where | | | | future. Log on and find out more about |
| the property prices are quite steep as | | | | Kolkata properties and real estate, visit |
| compared to the other areas. The demand for | | | | India's No. |