Purchasing a 3 BHK flat in Kolkata can appear to be an overwhelming encounter. Imagining a family home in the social capital of India is a staggering feeling. Whether you’re new to the city or have been settled here for generations, there is a feeling of thrill and exhilaration associated with buying a house in the Bengali heartland. A home is a long -term commitment; it’s an investment for many years to come, if not generations. Hence, as you get your finances together for buying a 3 BHK in Kolkata, you should take into account several factors such as civilities, openness, and long term suitability for your family before committing. In this blog, we will visit every one of these contemplations and propose some options in the city’s most unmistakable private undertakings to assist you in finding your dream home.
3 BHK flat in Kolkata: Localities to consider
When it comes to buying a 3BHK flat, Kolkata offers some of the versatile options in the whole country. As mentioned above, many locations in Kolkata offer well-designed 3BHK flats at all price points. However, we have shortlisted the following locations to help simplify your search.
a) 3 BHK flat in Kolkata at New Town
Officially considered a part of the 24 Paraganas district of West Bengal, New Town is a rapidly developing satellite city in Kolkata. It’s proximity to the city places it under the jurisdiction of the New Town Kolkata Development Authority. New Town is considered a buzzing residential and IT district in the city due to it’s newly developed structural infrastructure and civic amenities.
Cost of a 3 BHK flat in New Town
A 3BHK flat in New Town can be purchased in the range of 80L to 1.10 cr.
b) 3 BHK flat in Kolkata at Phoolbagan- Beleghata
Mainstream among the NRI and IT professionals, Phoolbagan and Beleghata areas include a blend of a metropolitan populace residing alongside locals. Phoolbagan is an upcoming locality in North Kolkata, while Beleghata is a neighborhood located in the eastern part of the city. Beleghata also houses Subash Sarobar, a 73-acre lake surrounded by countless species of indigenous trees, which attracts tourists and locals alike. Most 3BHK apartments in Phoolbagan- Beleghata range between 1200- 5000sq.ft in area. Located about 700m from the Phoolbagan Beliaghata crossing, Jiva is an exquisite assortment of natural ponds and lavish 3BHK homes.
Cost of a 3 BHK in Phoolbagan- Beleghata
A 3 BHK flat at Kolkata in these areas can be purchased in the range of 1cr to 1.5 cr.
c) 3 BHK flat in Kolkata at New Alipore
Located south of Alipore, a cherished and upmarket locality is New Alipore. Well-connected to the rest of the city by road and rail, New Alipore is increasingly becoming one of the most sought-after residential destinations in Kolkata. The area boasts of premium construction projects located within a reasonable distance of good schools and hospitals.
Take a glance at PS Vyom , the perfect destination for luxury 3 BHK residences located in South Kolkata at the New Alipore crossing.
Cost of 3 BHK in New Alipore
Buying a 3 BHK in New Alipore can set you back by 1.7 cr. to 2 cr.
d) 3 BHK flat in Kolkata at Eastern Metropolitan Bypass near Science City
As the Major link Road between Salt Lake and New Town, two of Kolkata’s extremely populous and upmarket areas, EM Bypass has seen significant development of both residential and commercial real estate. The Bypass is also located along a 32 km highway connecting Ulta Danga and Baraipur Puratan Bazaar in North and South Kolkata respectively, and is hence, one of the busiest roads in the city.
Click here to watch the testimonials for Aurus , a high-rise luxury project constructed by the PS Group on the EM Bypass. We bet you will fall in love with Aurus
Cost of 3BHK in EM Bypass
A 3 BHK in Kolkata located around EM Bypass is priced between 3.07 cr. – 3.60 cr.
Checklist for buying a 3BHK flat in Kolkata
We have also listed the important points for you to consider and keep handy while starting to look out for 3 bhk flat at Kolkata
For most people looking to buy a 3BHK flat in Kolkata price is the major deciding criteria. Factoring in a budget before purchasing any residential property is an extremely crucial consideration for any prospective buyer. The price of a 3 BHK flat in Kolkata falls anywhere between the range of 30L to 3.05 Crores depending on the size of the apartment and the pricing premium of the location. For example, if you’re looking for 3BHK in kolkata within 30 lakhs, residential projects in North Kolkata and peripheral areas might be your best bet.
If you are looking for a luxurious 3 BHK flat in Kolkata averaging about 1000 sq.ft, the flat will cost you about 1 cr. Alternatively, if you’re looking for a 1400 sq.ft 3BHK in the semi-luxury category or a 650 sq.ft BHK in the affordable range, it will set you back by 2 cr and 40 lakh respectively. Hence, it’s safe to say that a 3 bhk flat in kolkata price-wise can vary across a wide range, offering something at every price point.
Pro-tip: Carry out a cost-benefit analysis of living in central Kolkata and/or purchasing a 3 bhk flat in kolkata south vs. living on the periphery to see if paying a premium is worth it.
2. Amenities and Inclusions
Kolkata is becoming a growing hub for state-of-the-art residential real estate. Leading builders leave no stone unturned when it comes to providing jaw-dropping amenities to lure customers in. That said, it’s important to work with a list of amenities that are essential for you and your family given your current lifestyle. There’s no point in blindly opting-in for a residential complex with a swimming pool if nobody in your family swims. Don’t base current decisions on future habits.
While researching a 3 BHK flat in Kolkata, ensure that the complex has well-designed open spaces so that you have room to breathe. Other important amenities include having a power-backup especially for elevators, children’s play areas, and provision for additional visitor parking spaces. Consider other amenities on a nice-to-have basis.
As the city of Kolkata matures into an urban metropolis, traffic congestion and increasing internal travel time are on a steep incline. Since buying a home is a long-term commitment, take into account the travel time associated with your and spouse’s daily commute to work as well as the school bus route for your kids. While this might not seem like a big concern at the moment, factoring in the accessibility aspect of the location of your home is necessary for ensuring a good quality of life. Also, it might be a good idea to take into account the distance from the airport and the railway station if you travel out of the city frequently.
4. Civic Amenities
A residential complex cannot function in isolation. It must provide access to different public infrastructure facilities like grocery stores, chemists and doctors, multi-utility super-markets, and public parks. The absence of these amenities can inconvenience you and your family.
Another thing to consider is the presence of recreational amenities like shopping areas, malls, and theatres that you can frequent during weekends. A well-planned neighborhood or township must include various eateries and cafes at a fair distance to take care of your entertainment and relaxation needs as well. Regardless of the type of 3 BHK flat in Kolkata that you’re looking for, you should look at properties based on the social foundation before arriving at a choice.
5. Real Estate Developer Profile
Not all real estate developers in Kolkata are alike. While a handful of developers deliver good quality housing projects according to pre-committed timelines, many others are notorious for countless delays and shoddy quality of construction. Since your finances are technically blocked with a builder as soon as you pay a deposit amount, unforeseen delays in acquiring possession of your flat can potentially double your expenses (EMI + rent).
Additionally, you should select a developer depending on your budget and their past portfolio of delivered residential projects, i.e. if you’re looking for an affordable, budget-friendly 3 bhk flat in newtown kolkata, you can filter out developers famed for building luxury projects.
6. Resident profile in the housing complex
Having friendly, trustworthy neighbors is a boon in life. They hold on to your house keys in case of emergencies, share notes on dealing with the house help, and if you’re lucky, even grow to become friends. Coexisting with individuals in your immediate neighborhood can enormously improve your general personal satisfaction. While enquiring about society and haggling on the cost with the developer, pose a couple of inquiries to comprehend the type and profile of individuals who will come to be your neighbors.
7. Rental Yields and Return on Investment
Whether you’re pooling into savings or taking a home loan for a house, the price of 3 BHK flat in Kolkata is no small amount. Hence, you must also approach the home buying process from an investment point of view. If you have to let out your 3 bhk flat in kolkata for rent at a later date, try to investigate to gauge the rental your home could potentially fetch.
An unfurnished 3 BHK flat for rent in Kolkata , fetches about 20,000 INR in rent per month. Ask around in the society to understand what tenants in the building are shelling out and compare this to other shortlisted properties. This practice will help you calculate the long-term ROI on your home.
The city of Kolkata presents many options for the homebuyer. If you’re looking for a 3 BHK flat in Kolkata, you will find many futuristic homes resplendent in architecture and modern amenities across the length and the breadth of this wonderful city. Reach out to our sales team at [email protected] or call us at +91 33 6767 6767 to get a quote today.
You can also go through our blog “Handpicked List of 3 bhk Flats in Kolkata to Buy in 2021“
FAQ’s – People also ask
There are many good properties in Kolkata that offer 3 BHK flats for sale. Most of these properties are located in the newer suburbs of Kolkata which have recently come up due to their proximity to the IT hubs and other office parks. They are also well linked by road to the international airport and the city centre. Some of these areas are New Town, Salt Lake and EM Bypass. Others are located in the upcoming areas of Joka, Beliaghata, New Alipore and Madhyamgram. Trusted developers like PS Group have properties with 3BHK flats and offer many amenities within the premises like gymnasiums, landscaped gardens, swimming pools, parking areas, etc. These properties balance quality with affordability and offer the best of both worlds
You can go ahead and check out one of the best 3BHK properties of PS group One10.
Check out the Panache in New Town which is one of the best Premium Residencies in Kolkata
You can take a look at Amistad by PS group for the best experience.
The best trending handpicked apartments in kolkata in 2021 are:
The carpet area of a flat is the net usable area of the flat. It is the space within the walls of the flat where you can physically move around.
The carpet area excludes the balcony, verandah, and the space under the walls separating the flat from the neighboring flats. All space outside of the walls, ie. the balcony, verandah, needs to be disclosed separately by the seller.
The cost of a flat in India depends on the cost of the underlying real estate that the housing complex is built on. If you buy a flat in a posh neighborhood in a metropolitan city, it will turn out to be an expensive affair owing to the high cost of land. Conversely, if you were to buy a flat in a Tier-1 or Tier-2 city in the country, it would turn out to be a far more reasonable transaction.
According to RERA, the carpet area is the net usable area within the flat. It excludes the space under walls separating two homes, as well as the balcony, verandah, exclusive terrace area, or service shafts. It however, includes the space covered by the walls within the flats and separating one area from another.
Earlier, the carpet area included- the space within the flat, the balcony or exclusive terrace area, and even the area under the service shafts.
However, according to RERA the carpet area is the net usable area within the walls of a flat and excludes everything which falls outside that space.
The covered area or the built-up area of a flat is the complete area within the flat, including the space under the walls, pillars, balcony, and exclusive terrace area (if any). It is slightly more than the carpet area which is the net usable area within the flat.