Top 3 ready to move flats in Kolkata Newtown

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Newtown Kolkata is a city within a city. The area exceeds the expectations of its inhabitants in terms of daily necessities and infrastructure such as educational institutions, medical facilities, shopping malls, road connectivity, air connectivity, upcoming metro connectivity, among others. This is also one of the imminent reasons for the escalating market value of ready to move flats in Kolkata New town. 

Based on the current market records, buyers are expected to witness improvement in the livability quotient of Newtown Kolkata, and early movers are likely to benefit from capital appreciation in due course of time. 

Top 3 choices for ready to move flats in Kolkata New town

PS One10 flats in New Town Action Area I 

The project offers premium 2 & 3 bhk flats in New Town for sale in one of 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. Super efficient homes at PS One10 are sprawled in an area of 37,000 Sqft of landscaped gardens and within 1 Acre of active outdoor sports zone. Awarded a gold certificate by IGBC, One 10 sprawls over 9 acres with 70% made of open wide spaces and provides luxury 2 and 3 BHK flats in Kolkata. One of the children-centric residential projects in New Town Action Area I, a 2 BHK flat with 592 sqft. at One10 start at 66 lakhs onwards, while a 3 BHK with a carpet area of 664 sqft. starts at 73 lakhs.

The project offers the best apartments in Kolkata with an Olympic-size swimming pool to multiple games court, nature trails to the jungle gym, a triple-height games arena to outdoor theatre, and a daycare to seniors lounge. Super efficient homes of PS One10 are ensconced in 37,000 Sqft of landscaped gardens and within 1 Acre of an active outdoor sports zone. 

PS The Soul, flats in Rajarhat in New Town

Rejuvenate your soul in the green oasis of the Soul located in the middle of the crowded city. These residential flats in Rajarhat have 10 towers thoughtfully designed to integrate state-of-the-art amenities with natural spaces. Over 60% of the area has open spaces with well-maintained amenities like a swimming pool, Jacuzzi, yoga lawn, gymnasium, multiple sports courts, mini theatre, steam bath, natural water body with a serenity deck, open-to-sky gymnasium, and pavilion, party lawn, among others, and indoor amenities such as Community Halls, Multipurpose Hall, Basketball Court, Gymnasium / Health Lounge, etc.

Located in New Town, Action Area III, the Soul offers 2BHK, 3BHK, and 4BHK flats in Newtown for sale.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 a passage area—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. 2 bhks are available in 609 sqft. and 3 bhk from 706 sqft – 931 sqft. 

If you are looking for luxury apartment in kolkata, flats in kolkata new town offer great resale value. 

PS Amistad, flats in New Town Action Area II 

Inspired by the Spanish word for friendship ‘Amistad’ focuses on positive community living social engagement among its residents. Located in heart of New Town, Amistad by PS Group is awarded ‘Best upcoming mid-segment residential project of the Year at the CREDAI Bengal Realty Awards 2018’. The project features plush 900-1000sq.ft apartments in kolkata new town.  Homebuyers can enjoy several well-maintained amenities from Mini Theatre, gymnasium, yoga and meditation room, to a games room, co-working space, landscaped garden at the podium, adda Zone & Gazebo, Swimming Pool, Children’s play area, Badminton Court, solid waste management, among other top-notch security features. 

Located in the heart of New Town, Amistad offers 2 and 3 BHK flats in Newtown for sale in two configurations – 681 square feet and 929 square feet that are priced from 73L onwards. It is one of the best buys in the affordable segment. Amistad stands out from the plethora of options of ready to move flats in Kolkata new town.

Benefits of having ready to move flats

Let’s observe some of the other benefits of owning ready-to-move flats in Kolkata Newtown—

1. Property value based on locality 

Flats in Newtown Action Area 1 have a market value of Rs. 4100-6000 per sqft., whereas flats in Action Area 3 are available in the price range of Rs. 3,900-5700 per sqft. Overall, flats in Newtown enjoy a good property appreciation value rate placed at Rs.4000-6200 per sqft. Lastly, while houses in Rajarhat are available at a rate of Rs. 3700-5900 per sqft, flats on Rajarhat Main Road have a market value of Rs.3500-5600 per sqft. 

2. Offers an array of commercial facilities and amenities 

Newtown is a well-planned residential hub with a host of amenities and commercial facilities. Flats at newtown have the easiest and hassle-free access to the city’s IT hubs and entertainment zones like Salt Lake City Centre, Diamond Plaza and Mani Square. The area also enjoys proximity to key healthcare centers of the city such as Columbia Asia Hospital, Apollo Gleneagles Hospital, and ILS Hospitals. With over 20 schools, the area has been a favorite among families for ready-to-move flats in Kolkata Newtown.  

3. Has good connectivity to road and rail

Newtown has the connectivity advantage over most of the residential areas in Kolkata. Its strategic location with excellent and widespread connectivity to EM Bypass, VIP Road, Belgachia Metro Station and Jessore Road with easy access to buses, cabs and auto-rickshaws to travel to nearby metro links, makes it a hotspot destination for ready-to-move flats in Kolkata Newtown.  

4. Is a well-planned and well-maintained area 

New Town Kolkata is a planned satellite city covered by New Town Kolkata Development Authority. Developed under the directive of the National Institute of Smart Governance (NISG) and maintained by the new town Kolkata development authority, it is well-equipped with underground solid waste management systems, drone surveillance systems, and sensor-based street light conservation modules. 

5. Hassle-free possession 

Ready-to-move-in flats do not have a long waiting period between the buying stage and delivery timeline like the under-construction projects. They ensure immediate availability—one of the biggest advantages of a ready to move in flat in Kolkata. Furthermore, you only need to complete the documentation, make the payment and move in with zero encumbrances and a comparatively hassle-free possession with immediate effect!

6. You get what you see

With ready-to-move-in flats, you will know what you are buying. You can verify the quality of the ready to move in flat before you invest in it—leaving no room for discrepancies or surprise endings with regards to amenities, layout, and other important features listed in the sales brochure. You get what you have paid for. 

7. No GST Implication

On a ready to move in flat in Kolkata, you may also get a good chance to save on GST. Based on the recently implemented Goods and Services Tax (GST), a five percent tax is levied on the purchase of under-construction residential properties that do fall under the ambit of affordable housing. Ready to move in properties are hence exempted from GST charges.

Furthermore, the reduction in the latest stamp duty, lowest interest rates, and an increase in demand for ready homes has resulted in exceptional demand, especially from the NRI audiences. 

8. Dotted with developed physical and social infrastructure 

Ready-to-move-in flats in Kolkata Newtown are surrounded by good social infrastructure, as opposed to under-construction flats that are usually located in developing housing hubs. 

With the absence of existing infrastructure in developing localities, the price of the under- construction property may drop, however you should also be patient as physical and social infrastructure may take a longer time to develop in areas with abundant cheap under-construction housing units in the vicinity.

The best residential properties in Kolkata in NewTown

Maximum traction in real estate Kolkata is witnessed in the south peripheral submarket (Tollygunge, Narendrapur, Joka), followed closely by east (Rajarhat, New Town) and north Kolkata especially for ready to move flats in kolkata new town. The majority sales in the northern and eastern peripheral submarkets of Kolkata are driven by factors such as access to IT parks, easy connectivity to the airport and social infrastructure. Moreover, the upcoming satellite cities in and around Kolkata, global and upcoming national financial institutions, along with 17 new universities and 46 new colleges that have been established in the past four years testify growth in Kolkata’s real estate market which is expected to improve in the coming years. 

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