Best Flats in Kolkata to Buy in 2021 (Premium Segment)
By Pratik Balasaria
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Based on the survey—‘India Real Estate Report 2020,’ there has been a substantial increase in the home buyers’ budget with around 82% of respondents confirming that they wish to buy a property in 2021. In Kolkata, the demand has also shown a steep increase for houses. The market trend shows that 2 BHK flats have constituted 47% of demand while the 3 BHK flats had 44% demand, 4 BHK flats constituted only 2% of demand, and 1 BHK flats had a share of 7%. The affordable housing segment though at peak, there has been a fair sale of premium and luxury properties as well. This has created a buzz in the Kolkata Real Estate Markets and we can see many real estate builders offering the best flats in Kolkata with super luxurious amenities for a price that was a dream before. 

The PMAY-CLSS Yojna by the government offers a loan subsidy to make EMIs affordable for homebuyers. Beneficiaries in the LIG and EWS category get a maximum interest subsidy of 6.5% for a loan amounting to INR 6 lakh over a period of 20 years. The current GST rate on under-construction properties is 5% minus the Input Tax Credit (ITC) for premium homes (>Rs 45,00,000/- ) and is 1% for affordable homes (<Rs 45,00,000)

Best Flats in Kolkata to Buy in 2021

best flats in kolkata

Kolkata saw a 4% demand for properties higher than 70 lakhs and the buyers were on the winning side with real estate builders in Kolkata offering many choices. As people are spending more time at home during the coronavirus pandemic, the demand for a bigger house has also been on the rise. The rate cuts in home loans, attractive offers by lenders, builder discounts are some of the other reasons why homebuyers can easily afford the truly best flats in Kolkata. Here are some of our top picks for you if you are a home buyer looking for premium and luxury houses in Kolkata:

1. The 102 by PS Group, Premium Flats in Joka

Located in one of South Kolkata’s prime locations near the upcoming Joka Metro Station, the luxury residential project—102 offers 3 bhk flats 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 names and among our picks of the best flats in Kolkata. 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 30-meter long swimming pool, skating track, karaoke room, library, yoga lawn, and golf-putting area. 

2. Altius by Amaya Realty in Tangra

Altius offers 3 bhk apartments in Tangra at an affordable price range of Rs. 2.81 Crore to Rs. 2.81 Crore. These ready-to-move-in apartments are spread across a super built-up area of 2453.0 sq. ft. – 2757.0 sq. ft. There are a total of 2 towers in the project. The housing complex also offers essential amenities like Fire Fighting Systems, Landscape Garden, Card Room, Swimming Pool, Squash Court, etc. The project is developed aesthetically to suit to the urbane living standards of the residents and promises to offer an easy living within budget making it one of the best flats in kolkata.

3. The Soul by PS Group, Premium Flats in New Town

Located in New Town, Action Area III 4 BHK flats at the Soul come with a carpet area of 1009 sq. ft. and a balcony area of 79 sq. ft. In addition, they offer 3 bathrooms, a utility balcony and passage—a perfect space for a family with kids as the property has well-maintained provisions for safety, conservation of energy and water, and solid waste management. Homebuyers will especially value the proximity of grocery shops, ATM, Pharmacy, crèche near the project.

Furthermore, homebuyers can make the most from indoor amenities such as Community Halls, Multipurpose Hall, Basketball Court, Gymnasium / Health Lounge, etc. With a sun deck, waterbody, viewing deck, the residential project is definitely a treat to the mind and soul! If you are looking for luxurious flats in Kolkata, flats in Kolkata new town offer great resale value. 

4. Vishnu Kings Court by Vishnu Group in Tollygunge

The project offers 3 bhk apartments in Tollygunge, a much sought-after locality in Kolkata South. The apartments have a super built-up area, ranging from 1607.0 sq. ft. to 1643.0 sq. ft. and are available at a price range starting from Rs. 1.04 Crore to Rs. 1.07 Crore. A ready-to-move-in project, it features an array of facilities including a 24/7 Water Supply, Swimming Pool, Landscape Garden, Video Door Security. Furthermore, the residential property also assures of 24/7 power back-up and water supply. Lifts, as well as intercom facility, is available too

5. Padmalaya Apartments by Padmalaya Projects LLP in Dum Dum Metro

Padmalaya Apartments offers a blissful residential experience. 4 bhk apartments with a super built-up area of 1569.0 sq. ft. in Padmalaya Apartments provide the best of both worlds—excellent aesthetics and exemplary lifestyle. Exclusive 4 bhk apartments are available at Rs. 86.3 Lac. Among its other unique highlights, the project includes facilities like a gymnasium, fire fighting systems, gated community, DTH television, sewage treatment plant, and many others. 

6. Jiva by PS Group, Best Flats near Phoolbagan Belighata

Jiva offers vastu-compliant 3 bhk flats 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. The housing property has dedicated 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 contains floating gardens, jogging tracks, ghats, outdoor yoga zones, and jogging tracks and maintains 6 natural ponds conserved within the housing compound ensconced within the serenity of 1 lac trees. If that is not enough, there are amenities like a sauna room, banquet hall, games room, massage center, and recreation center to host your guests. A 4 bhk flat in phoolbagan Kolkata are the most sought-after among homebuyers in Kolkata. 

7. Amistad by PS Group, Flats in New Town 

Located in heart of New Town, Amistad features plush 900-1000sq.ft apartments in high-rise towers.  The plush residential building is awarded ‘Best upcoming mid-segment residential project of the Year at the CREDAI Bengal Realty Awards’2018.  A 3 bhk apartment in this development is priced at 67L. Homebuyers can enjoy among several well-maintained amenities—Mini Theatre, gymnasium, yoga and meditation room, games room, and co-working space. Amistad stands out from the plethora of options of ready-to-move flats in Kolkata new town.


Asia has been pegged as one of the prime developing regions in the world, and the number of high net worth individuals in India is expected to increase over the next decade. In the future, high-end residential projects and homes will resemble five-star hotels that are likely to become a selling point for Indian real estate developers. It would not be surprising if more homebuyers opt for 4 bhk luxury flats in south Kolkata posh areas in the future. Furthermore, with brand tie-ups for marketing to cater to the demands of smart homes, several large-scale real estate developers will join hands with luxury and gourmet brands to keep up with the demands of sophisticated interiors and home appliances. Such tie-ups will give rise to residential projects in various segments of luxury living such as concierge services, sports amenities, ultra-luxury designs, etc. In addition, the contribution of the NRIs and HNIs to the growth of 4 bhk luxury flat in Kolkata as well as to the luxury home segment in India. Such trends are going to bring a shift in the housing standards of India.

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