New Town Boasts of an Advanced Real Estate Scenario

New Town is a well thought and structured township located at the fulcrum of the City of Joy that is progressing at a rapid pace. Occupying the north-east portion boundary of Kolkata, the area is a major contributor that is upping the real estate quotient of the city. New Town area offers extensive land that is utilized faster for residential and commercial developments. The city generates a growing need for commercial developments in the last quarter. The proposed business friendly policies and flexibility of the Floor Area Ratio drove the real estate market of the city which was otherwise in a dwindling scenario.

The growth and inception of major industries in this area specifically IT have produced the ripples of advancement that impacted the city as a whole. It generated job prospects and attracted professionals from across the nation to acquire their place in this part of the nation. This led to an increased demand for residential spaces. The place enjoys a robust foundation with a great infrastructure. The area is well connected to the other parts of the city. Netaji Subhas Chandra Bose International Airport and the Sealdah Station are nearby. The place is linked well through roads with the entire city making almost every part, the north, south, east and central easily accessible.

Metro connectivity is soon to grace the place and the construction is going on for the same. The area branches out into three phases namely Action Area I, Action Area II and Action Area III. You will find both residential and commercial developments in Action Area I. Action Area II is meant exclusively for the Business and IT parks. It takes Eco Park, a recreational zone into its purview. The luxury constructions and high-rise residential plans are present in Action Area III. Besides being a flourishing residential and industrial hub, the area has reputed educational institutes, healthcare facilities, shopping malls, food joints and all the daily essentials to proffer a life of comfort to the residents.

Hence, New Town has plenty of new and upcoming residential constructions, take a look.

Realtech Nirman Basanta

Located amidst beautiful and calm landscapes, Realtech Nirman Basanta is one of the refined construction works by the adept Realtech Nirman developers. The project promises 1 – 3 BHK apartments with all the necessary facilities surrounding it. The project boasts of state-of-the-art amenities. The price of the available floor plan of sizes 409 - 914 sq. ft. ranges from Rs. 12.67 to 28.31 Lac. Realtech Nirman Basanta is a low density project with just 1 tower and 60 units on sale. Possession expected in December 2019.

ECOS

Spread over 2.2 acres this is one of the elegant construction works of the popular Amit Realty And Shree RSH Group. This project provides well thought and airy 2 – 4 BHK apartments in a self-contained locality. The project promises a range of amenities that include firefighting systems, lifts, car parking, clubhouse and gym to name a few. The saleable area of 1060 - 2599 sq. ft. is available at a price range of Rs. 52.89 Lac - 1.09 Crore.

Therefore, New Town is a great investment hub that provides you with the substantial return. Search and secure your dream space in this convenient location.