Even during COVID times, the luxury segment shows good momentum, especially from both HNI and NRI homebuyers. In an interesting market study, NRIs are scouting for luxury homes in India with 73% NRIs preferring properties priced between Rs 90 lakh and Rs 2.5 crore, a great difference from the pre-COVID survey (H2 2019), when only 41% preferred properties within this price bracket and most of them preferred affordable and mid-segment homes. However, 3 bhk and 4 bhk new flats at kolkata currently top the wish list of NRI home buyers especially in IT hubs of Kolkata, Bengaluru and Pune.
The pandemic has reinforced the significance for Luxury Apartments
Real estate experts believe homebuyers today are not looking for just luxury homes but all types of homes with bigger spaces. The onset of the pandemic has further contributed to this shift in demand for bigger spaces, not just in luxury but across all segments. Consumers who can afford are looking for an upgrade to bigger spaces, given the fact that they are spending more time at home. In addition, homebuyers whose financial condition and lifestyle remained unaffected during the pandemic also took a greater interest in buying second or bigger homes. The ongoing COVID-19 pandemic, therefore, reinforced indulgent living and significance to new flats at Kolkata as a stable investment.
Work-from home creates robust demand for luxury flats
The extended work from home further nurtured the buyers’ decision of purchasing a home. Homebuyers are also upgrading and upsizing their homes, thus causing a surge in big-ticket transactions and studies predict the trend is expected to continue even in 2021. The work-from-home phenomena have created robust demand for high-priced new flats at kolkata that serve as catch-all compounds, live-work spaces, and offer a resort-like living.
An insight into the post-pandemic scenario
Real estate experts predict that in the post-pandemic world, home buyers will not just look for big spaces, but also homes spread out on large pieces of land that offer an incredible view and notable architecture. Homebuyers in the future are bound to buy apartments in kolkata that support their vision of modern, luxurious, and sustainable living.
Multi-utility rooms remain the focus of the future
Today more than ever, homebuyers that can afford luxury are interested in new flats at kolkata with bigger balconies, a half extra room that could be converted into a study room, more seating space within the bedroom that can be used as their own temporary workstations. There has been a notable shift in consumers’ demands with the focus on multi-utility rooms. Depending on the family’s requirement, buyers wish to convert study rooms into a guest room, or a pooja room that can become a study room.
Let’s take a look at some of the best choices of upcoming and new flats at kolkata
There is no dearth of luxury properties in Kolkata; you’ll be spoilt for choice as a homebuyer in the city of joy. Let’s take a look at some coveted options here:
Hazelton by PS Group in Loudon Street
In proximity to posh Park Street— Loudon Street sprawls in the heart of Kolkata among luxurious bungalows, mansions, and independent houses. The area has good connectivity to road and rail. Hazelton by PS Group is an under-construction residential project scheduled to open in 2023. Surrounded by Park Street, Hazelton offers premium 4 bhk flats in Central Kolkata.
Anassa by PS Group off EM Bypass
Anassa is synonymous with royalty just as its name means Queen in the Greek Language. These exquisite residences at Anassa are located off EM Bypass and provide homebuyers extraordinary living spaces fit for aristocracy. In an upmarket residential area, homebuyers are especially valuing 3-4 bhk apartment in kolkata e m bypass.
At Anassa, which has 93 homes in a 35 storey tall building, homebuyers can be assured to live a convenient, relaxed, and luxurious lifestyle. The majestic master suites at Anassa provide homebuyers an oasis in the midst of the busy city. Furthermore, residents can enjoy terrace balconies with a serene view of vast open wetlands. The grounds have been carefully landscaped to provide sweeping green spaces and the clubhouse is located at a height of 418 feet.
Anassa has 5BHK and 4BHK flats in Kolkata in various configurations. The flats are equipped with a master and a carpet area of 635 square feet. The flats have large windows inspired by French homes and extra-tall ceilings that allow natural light and ventilation. With a home at Anassa, residents will have a feeling of living amidst six-star luxury. The sky lounge is on the 35th floor, allowing residents to take a dip in the swimming pool with a breathtaking view from the height of 405 feet.
Furthermore, Anassa has good news for homebuyers who are green conscious. The complex has grid-tie solar power generation and the driveway has lights with timers. Furthermore, there is renewable energy through regenerative elevator drives and the parking garages have electric vehicle charging points.
Aurus by P.S Group offering luxury flats in south Kolkata
Located between two exquisite luxury hotels- ITC Sonar and JW Marriott, P.S. Aurus is considered one of the most refines properties in Kolkata with amenities worthy of pure envy. As far as luxury apartments in Kolkata go, Aurus is one of the few that can transport you to the plush residences of Manhattan, NYC. is our latest offering of.
Aurus, which means gold in Latin, offers luxury flats for sale in EM Bypass Kolkata that are thoughtfully crafted with wide open spaces and state-of-the-art amenities that offer the best of nature an urban living.
Aurus is an ultra-modern award-winning property providing a luxurious living experience with duplex, 3 and 4 BHK flats for sale in EM Bypass Kolkata. The enclosed space in a 3BHK at Aurus ranges from 1473 sq.ft to 1475 sq.ft, while the 4BHK variants offer 1777 sq.ft and 1778 sq.ft respectively.
Ambuja Usshar in Maheshtala, Kolkata South
Offering you the serene view of the Ganges from the comfort of your homes, Ambuja Usshar is one of the best buys and definitely worth the wait. It is also the tallest building in the area with the architecture designed to bring in more natural ventilation and sunlight. The two-tower building of Ambuja Usshar has 31 floors that offer an unparalleled urban-living experience.
There are a total of 558 flats in Kolkata south flanked over an area of 2.91 acres (11.78K sq.m.) Residents will especially enjoy the vistas of lush greenery accentuated with a panoramic city skyline and the breathtaking view of the mighty Ganges. The luxury residential complex offers a tree housewash, tree stump path for balance training equipment, play zone, asphalt viewing deck, hangout zone, doorstep play areas for toddlers, inter-generational organic landscape zone, pre-function area, music room, art & crafts, and wash area. Ambuja Usshar is a newly launched project and the possession will begin by 2025.
Jiva by PS Group near Phoolbagan
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 sauna room, banquet hall, games room, massage center, and recreation center to host your guests. Owning a 4 bhk flat in phoolbagan kolkata is a coveted dream for many homebuyers in Kolkata.
Navyom by PS Group in New Alipore
Flats in New Alipore at Navyom range from 1512 sq. ft. to 1806 sq. ft. with a balcony area of 101 sq. ft. Spread across 5 towers, Navyom offers luxurious amenities like jacuzzi, flower garden, butterfly garden, tennis court, and much more. Furthermore, the buildings are equipped with 2 passenger elevators and 1 service elevator, DTH system, DG power back up against extra cost, 100% DG backup for lighting circuits, lifts, and utilities in common areas, VRV / VRF air conditioners, among others. Flats at Navyom will cost you between Rs. 1.84 Cr.—4.06 Cr.
The property is the winner of two Estate Awards in 2020 in the categories of ‘Luxury Project of the Year’, and ‘Environment-Friendly Project of the Year (East), contributing for the first time to Kolkata’s ‘expandable living.’
Panache, luxury flats in Salt Lake City
P.S. Panache is situated in central Salt Lake City, one of the more rapidly developing satellite towns in Kolkata and in India. Salt Lake City or Bidhannagar is a thriving IT hub with access to arguably the best infrastructure and civic planning in all of Kolkata.
Panache is a collection of 6 tastefully designed towers featuring 568 contemporary homes that offer an infinite view of the 1,000-acre wetlands, plush greens and 30+ indulgences spread over 7.5 lakh sq.ft. These luxury apartments in Kolkata are well endowed with manicured walkways, naturally lit surroundings and a funnel-shaped architecture for ample wind circulation. Moreover, Panache is a gold-rated IGBC certified Green Building which makes it a sustainable life choice for all future generations.
A 3BHK flat in Panache costs upwards of INR 1 crore.
Homebuyers today are more discerning with modern needs. As a result, they are willing to spend on well-planned houses with clubs, amenities, and leisure spaces. Such factors have contributed towards the growth in the segment of new flats at kolkata. Furthermore, with multiple luxury launches in Kolkata, the region witnessed significant growth within the luxury segment. Ease in investment opportunities has also contributed to good traction from HNIs in India’s real estate segment and experts anticipate the trend to rise in 2021.