Conducive government policies and several incentives triggered property sales in Indian real estate. A 20 percent hike was registered among year-on-year sales in the first quarter i.e. January to March 2021. Based on the market reports from real estate India, the quarter also recorded the launch of 600 new residential projects in the top eight metro cities. Buyer responses also witnessed a surge in the same period and owner listings also went by 20 percent in January- March 2021 as against October-December 2020. In the segment of the best apartment in Kolkata, affordable housing (within 40 lakh) was the most popular choice among buyers. On the other hand, the premium market rates were backed by NRI demand especially in the cities of Bangalore and Pune. Furthermore, the average property prices went by a percent in Kolkata, along with other cities such as Delhi NCR, Mumbai, and Bangalore.
Best Apartment in Kolkata for Homebuyers
With reference to this market situation, let’s take a look at some of the best apartment in Kolkata for you to choose from:
The 102, Flats for sale in Joka
Located in South Kolkata’s real estate hotspot, 102 offers 3 bhk flats in Joka over 650 sq.ft space. The residential complex has over 6 towers. It is the only residential property in Joka to offer 102 amenities to its residents— hence its name. The price of a 3 bhk flat at the 102 starts at 31 lakhs. The residential project boasts construction technology from South Korea and landscaping by Tectonix Thailand. For homebuyers, the 102 is located in an excellent suburb for end use as well as investment and has amenities like a 30-meter long swimming pool, skating track, karaoke room, library, yoga lawn, and golf-putting area.
One10, Flats for sale in New Town
The project offers best apartment in Kolkata in the largest residential development in ACTION area I with proximity to Metro station, Hotels, IT Hub, Sez, Airport, Hospitals, Schools, Tourist destinations, Amusement parks, Universities, Malls, banks, restaurants & local market establishments in the well-planned town of Rajarhat. One10 by PS Group offers 2 bhk flats in New Town with 592 sqft. from Rs. 68 Lacs onwards and 3 bhk with a carpet area of 664-1508 sqft. at Rs. 78 Lacs onwards. Super efficient homes of PS One10 are ensconced in 37,000 Sqft of landscaped gardens and within 1 Acre of active outdoor sports zone.
Vyom, Flats for sale in New Alipore
Regarded as the epitome of affordable luxury, Vyom offers 3 bhk flats in new alipore in the size range of 1,200 -1,400 sq.ft. The plush residential complex is spread over 7 acres of lush greenery and natural ponds, making it one of the largest landscaped township in New Alipore. Vyom’s best apartment in Kolkata will cost you Rs1.7 Cr. and above. With a clubhouse of 31,500 sq.ft., the residential project offers 17 exclusive garden homes and an array of well-maintained amenities to choose from, like International concierge, three swimming pools, exclusive kids learning center, state-of-the-art home theater, wellness center, squash court, among others.
Jiva, Flats for sale near Phoolbagan
Jiva offers has best apartment in Kolkata in the range of 850sq.ft. to 1150 sq.ft that cost 1 Cr. and above. Located only 700 m from the Phoolbagan-Beliaghata crossing, this project lays special emphasis on living amidst greenery. With a 3 bhk flat in phoolbagan Kolkata in Jiva, you will enjoy 43% of its space to natural water bodies, 20% greens, 12% walkways, and 25% to homes and amenities—a treat to homebuyers who value green living! Furthermore, it features floating gardens, jogging tracks, ghats, outdoor yoga zones, and jogging tracks and maintains 6 natural ponds conserved within the serenity of 1 lac trees.
Panache, Flats for sale in Salt Lake
Located in one of the most sought-after localities in Kolkata, Panache offers plush 900-1000sq.ft flats in kolkata salt lake with spacious and airy balconies in high-rise towers. Panache is right in the heart of Salt Lake and has the tallest residential towers in the neighborhood designed in a funnel-shaped architecture for ample wind circulation. Adding to its many unique features, best apartment in Kolkata’s Panache are spread over 7.5 lakh sq. ft. priced at 97L onwards. Among several other amenities, homebuyers can enjoy landscaped gardens, outdoor gymnasiums, montessori and preschool for young kids, dedicated kids’ play areas, a 28000 sq.ft. clubhouse with a swimming pool and steam rooms, and fully equipped mechanical car parking.
Amistad, Flats for sale in New Town
Aurus, Flats for sale off EM Bypass by PS Group
Aurus by PS Group features premium 3 4 bhk apartment in kolkata e m bypass between 1473 – 1475 sq.ft. A 3 bhk at Aurus will cost you up to 3.07Cr and above. The residential complex has 22 ft. tall homes with 22 ft. wide balconies and a sky lounge at 374 ft. high. Homebuyers will especially value the exclusive clubhouse ensconced in the greenery of 50,000 sq.ft. open space. The project boasts of several sustainable infrastructures and has been awarded the Luxury Project of the Year in 2020’ by Realty+. With Squash, tennis and badminton courts within the residential complex, the project is located in one of the most searched localities in Kolkata with ITC Sonar, Mirania Lake, JW Marriott, and Science City in the vicinity.
Majhergaon, Flats for sale in Madhyamgaram
With just 2.2 kms from Madhyamgram Chowmatha and 9 kms from Kolkata International Airport, Majhergaon by PS Group is a steal deal for best apartment in Kolkata. A housing project of total 22 towers with a capacity of 699 apartments, the project is one of the largest housing projects in Madhyamgaram. Spread across 10 acres of land, homebuyers will especially value this flat at kolkata near airport with 70% open space and proximity to natural surroundings, in a pollution-free environment. Furthermore, it’s a great buy for families as hospitals, educational institutes and entertainment zones are in close vicinity. Affordability is the biggest highlight of the project, 2BHK with 553-577 sqft are available from Rs. 30 Lacs onwards, and 3BHK with 748-887 sq ft are available from Rs. 46 Lacs onwards.
The Reserve, Flats for sale in Ballygunge
The Project offers the epitome of luxury living in their spacious 4, 5, 6, bhk flats in Ballygunge with built-up area of 2762-10,000 sqft. Furthermore, they also have a tailor-made 8bhk option for homebuyers on an upgrade. Sprawled on a 3 acre area, flats at the Reserve cost from Rs. 5.50 crore to Rs. 19.90 Crore and are synonymous with luxurious and opulent living in Kolkata.
4 Sight Grand Castle in Garia by Ganguly Group
The project offers apartments in the following configurations: 2BHK and 3BHK. It is a RERA registered project with best apartment in Kolkata available in size that ranges between 88.44 Sq. mt and 146.14 Sq. mt. The price ranges from 48.55 Lacs to 80.22 Lacs. An under-construction project with possession available in June 2022, it is spread over a total area of 2.65 acres of land. It has 65% of open space.
Bhawani Courtyard in Airport by Bhawani Group Builders
This residential project has the best apartment in Kolkata in the following configurations: 2BHK and 3BHK. The size of the flats range between 94.76 Sq. mt and 146.97 Sq. mt in the price ranges of 38.76 Lacs to 60.11 Lacs. The project is spread over a total area of 1.56 acres of land. It has 60% of open space with possession available in December 2022.
Magnolia Nakshatra in Barasat by Magnolia Developers
Magnolia Nakshatra is a premium residential township in Barasat. It offers 1, 2 & 3 bhk flats in Barasat between 721-916 sqft. that offer urban living in an enviable location. The project offers several amenities and facilities such as clubhouses and landscaped gardens. It is an upcoming project with possession available in 2022.
Real Estate Kolkata witnesses a massive demand for mid-segment and affordable housing. The housing interest rates have hit the lowest level, bound to foster investment in real estate with the highest ROI. The low interest rates are likely to fuel the demand for the best apartment in Kolkata. Real estate developers are investing in low-inflated states like Kolkata, owing to the fluctuating equity markets. Furthermore, the Central Government along with the State Government of West Bengal is working on developing subsided plans like PMAY Scheme, and Nijashree Scheme. Such schemes are opening doors to affordable homes for all.