In the times of the pandemic, real estate has been the safest option of investment for people and they have continually been relying upon it. Based on the latest study in the market of real estate India, the City of Joy recorded the highest growth in the residential segment during the first quarter of 2021 i.e. from January to March. Furthermore, the records witnessed a three-fold jump in number (201%) during the period as overall sales of new flats in Kolkata increased by 17% on a sequential basis. The state of Kolkata witnessed a maximum increase in sales in comparison to cities like Chennai, Hyderabad, Pune, Mumbai, and Delhi NCR. Furthermore, the city of Kolkata offers all the good reasons to buy a flat, the affordable prices compared to other metros, the development of suburbs with improving infrastructure and connectivity, availability of upcoming residential projects in kolkata’s centrally located areas, are some of the various reasons one should seal the deal for a flat in Kolkata.
Upcoming New Flats in Kolkata
With the flats in Kolkata showing a positive demand curve, let’s explore some of the new flats in Kolkata that are nearly ready to occupy:
Vyom, Flats in New Alipore
Regarded as the epitome of affordable luxury, Vyom offers the best 3BHK 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 townships in New Alipore. A 3 bhk in Vyom 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. If you are looking for a flat in Kolkata for sale, Vyom offers some of the best new flats in Kolkata.
Jiva, flat in Phoolbagan
Jiva offers vastu-compliant 3 bhk flats in Phoolbagan 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, the housing project lays special emphasis on living amidst greenery. Jiva 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. With amenities like sauna room, banquet hall, games room, massage center, and recreation center to host your guests, Jiva has the best new flats in Kolkata.
Panache, flat in Salt Lake
Located in one of the most searched localities in Kolkata, Panache offers the best new flats in Kolkata that have plush 900-1000sq.ft along 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, Panache is a gold-rated IGBC Certified Green Building. The residential project is spread over 7.5 lakh sq. ft. Panache by PS Group offers some of the best 3 bhk flats in salt lake that start from 97L. Among several other amenities, homebuyers can enjoy landscaped gardens, outdoor gymnasiums, montessori and preschool for young kids, dedicated kids’ pools and play areas, a 28000 sq.ft. clubhouse with a swimming pool and steam rooms, and fully equipped mechanical car parking.
Amistad, flat in New Town
Located in heart of New Town, Amistad features plush 900-1000sq.ft apartments in high-rise towers. The luxurious residential building is awarded ‘Best upcoming mid-segment residential project of the Year at the CREDAI Bengal Realty Awards’2018. A 3 BHK flat in new town at Amistad is priced at 67L. Homebuyers can enjoy several well-maintained amenities like Mini Theatre, gymnasium, yoga and meditation room, games room, and co-working space.
The 102, flat in Joka
Located in South Kolkata’s prime location, near the upcoming Joka Metro Station, 102 offers 3 bhk ready to move in 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. 102 stands out in the catalogue of new flats in Kolkata.
Aurus, flat off EM Bypass
The top-notch two high-rise tower residential project—Aurus by PS Group offers premium 3 BHK flats near EM Bypass between 1473 – 1475 sq.ft. A new flat in kolkata’s Aurus will cost you up to 3.07 Cr and above. The flats are designed with a centred layout with the living room in the centre and bedrooms on all four sides. 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.
Siddha Suburbia at NSC Bose Road
The Suburbia Apartments offer 2 bhk & 3 bhk at Rs.75 Lakh. Connected with NSC Bose Road and Southern Bypass, the project is well-connected to prime locations—Baruipur Market is only 2 kms away and Apollo Hospital is 7 kms. These are WFH-friendly apartments that offer a wide range of no GST flats. Spread across 30,000 sq ft, these new flats in Kolkata include some of the finest and well-equipped amenities.
Merlin Verve in Tollygunge
Spread over 1.5 acres of project area, Merlin Verve offers fully AC 2/3 bhk apartments in Tollygunge from Rs.60 Lakh onwards. The new flats in Kolkata at Merlin Verve offer a splendid view of the Tolly Club. Furthermore, there are amenities such as Roof top garden, community hall, among others.
Lakewood Estate at Patauli
The project offers 2 BHK, 3 BHK & 4 BHK Flats with Lavish Landscaped Gardens starting at Rs. 49 Lakhs. Lakewood Estate is strategically positioned in South Kolkata’s prime location. It is close to major modes of transport, markets, schools, hospitals, business hubs, banks, entertainment hubs, and more. The project also offers several peaceful amenities such as expansive open spaces, cycling and walking tracks, landscaped decks, among others.
The Real estate business in the city is flourishing, especially as residential properties in Kolkata are offering plenty of premium projects in the affordable housing segment. Homebuyers have a plethora of options to choose from among ready-to-move-in new flats in kolkata. Furthermore, real estate developers in Kolkata with unsold inventory are struggling with a loss on sale margins, such projects especially lead to low prices and less GST, thus it is the best time to invest in real estate Kolkata. With this definite shift in end-user preference, home buyers are looking for bigger accommodations. Maximum traction is therefore visible in the ready-to-move-in homes segments.