Why Newtown has become a thriving real estate hotspot?
Nestled between the districts of North 24 Parganas and South 24 Parganas, Newtown, the upcoming financial hub of West Bengal is proving to be a safe and profitable bet for real estate as well. Its well connectivity to the EM Bypass (Eastern Metropolitan Bypass), the Belgharia Expressway as well as its proximity to Netaji Subhash Chandra Bose International Airport is driving up demands in this area.
Various real estate companies are competing to offer apartments in Kolkata at affordable rate, but comfort and luxury is also being taken into consideration. There are options for 2 BHK flats in Kolkata and so much more.
We at Usashi Real Estates Private Limited are among the companies offering such unmatched deals in real estate. So let’s get to know some available and upcoming properties which we have to offer before you decide to buy flats in Kolkata:
- Usashi Aquaa Spring, Baruipur area: Taking its inspiration from resort living styles, this living space overlooks the water body and is surrounded by greenery which is extrapolated from the tropical flora of laces. These flats also have landscaped main roads to filter out unnecessary sounds. Apart from sophisticated architecture, there are also various amenities to compliment daily routine with fine dining and shopping. You can enjoy the pleasures of fine dining from Byanjon who are staff of the resort itself.
With the realty prices uncomfortably skyrocketing around the central and southern parts of the city, people are seeking shelter in budget flats of Newtown. Apart from affordable housing options, multiple luxury apartments have also sprouted up in Newtown and these have experienced an increasing number of takers, particularly among the elite and the NRIs. The prices are anywhere between Rs. 80 lakhs to Rs. 1.5 crores and yet is much lower than other central locations in Kolkata. Reports state that Newtown (along with Rajarhat) contributes to approximately 50% of the residential demands in Kolkata.
Thus, better connectivity with modern amenities, the availability of incentives and investor confidence boosted by government acts like RERA, it’s no surprise that Newtown is churning out affordable residential complexes catering to ever increasing demand of homebuyers