Being the cultural capital of the country, Kolkata has seen its share of fluctuating prices in the Real Estate since some years. However, it still remains as one of the major attractions with a great heritage and a desirable city for owning homes. The next five years will see the increase in demand for houses in Real Estate. With some of the top properties like Shukhobrishti by Shapoorji Pallonji and Ambuja Neotia launching some of the prestigious residential projects, here are some of the top developers in the city.
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The developers have been a great influence in constructing some brilliant architecture across the city. They have their major project Shukhobrishti, locates in New Town being one of the biggest mass housing projects providing homes at affordable rates. The project has been expanded over an area of 150 acres comprising of all the facilities and complexes. It has a mammoth 20,000 apartments suitable for people of all classes.
The group of builders have successfully launched their 217 housing units. The group is in business for a decade and has been developing various other properties like hotels, spas, commercial and retail spaces, hospitals, resorts, etc. Currently, they hold their territories across Garia, Santoshpur, and Lake Town. With eco-friendly projects like Utalika, Ulhas, Upohar and Ecospace, the builders are highly concentrated on contemporary and aesthetics.
The 42 Kolkata
The project by Mani Group is an excellent demonstration of high-class luxurious apartments built in a skyscraper. It is currently located in Chowringhee, and Maniktala Main Road and comprises of 5 and 6 BHK classy apartments built around 7780 – 7815 square feet. The ambience and the surroundings of the property are very conveniently blended with the modern and exquisite lifestyle of green views.
Shriram Greenfield City is specially designed keeping in mind a peaceful environment laden with lush greenery, elegantly blended with a contemporary touch. Located in Bendiganahalli, the apartments come with all the important amenities with round the clock supply of water and electricity. All major stations, airports and hospitals are within the reach of 10-15 kilometres, making it a humble abode of every aspiring buyer.
Having a three-year experience in the real estate industry, the group has endearingly come up with 264 projects. Their major properties lie all across India with cities like Ahmedabad, Kolkata and Chennai. In Kolkata, the group has indulged in some brilliant infrastructure with projects like Merlin Trinoyoni, Merlin Regency, Astha and many others. There are many properties which are undergoing construction including Behala’s Merlin Crest and Ayodhyanagar’s Nirvana.
The group has delivered some excellent commercial and residential properties in their short span of time. Along with them, they have also constructed many IT parks, schools, hotels, etc. Till now, they have almost 100 fully completed projects in their bank. Also, they have won many awards for their Corporate Social Responsibility with their famous properties like Fresco, Infospace, and Harmony in Kolkata.
Real Estate Kolkata, is seeing a major boom in the industry for the first time in seven years. With an increased amount of fall in purchasing prices due to the introduction of discounts by major developers like Shukhobrishti, many other developers are coming forward to introduce discounts at the offered prices.