Kolkata the state capital of West
Bengal is one of the most favored places to live in India. Having various
historical monuments, Kolkata is a city in India that stands for the city of
dreams in the eastern part of India. Geographically located at the western
coast of the Hugli River, Kolkata is the fifth largest post in the Country.
Kolkata has been shaped well by the British and the French people in the recent
centuries. Today Kolkata is known for its remarkable history and politics.
Kolkata plays a Communist Side of
Politics. There is more happy people than any other city in India. This is why
the city is called the City of Joy. The monuments that were developed in the
British rule, are giving it a name of the City of Palaces. Today Kolkata is an
Education hub, having most respectable and reputed colleges in its womb.
Kolkata is the first Indian city
to have a metro rail route and is honored with as a metropolitan city. A large
number of Bengali and other Indians are keen to buy a property in Kolkata
as it the city that offers more employments than any other city in the state.
Even if Kolkata is the state capital of one of the largest states in India, it
is comparatively a lesser expensive city.
Even the rates of the real
estate property in Kolkata is not very much high. Other metropolitan
cities in the country do not exactly offer a buyer friendly real estate market.
Specially the Northern areas of Kolkata, the real part of the state comprises
of historical heritage and monuments and Multi storied old residences of the
city.
And now the property tax in the
city has been reduced by the mayor of the city. And this makes Kolkata a
prospect destination to own a residence. A circular was issued last month
regarding this news. The circular said: - They are providing a separate
statement showing outstanding dues or zero outstanding dues along with tax
bills for 2012-13. This new settlement will reduce the harassment of taxpayers
with respect to the higher AMC
There will also be an option for
the Kolkata people to get a NOC (No Outstanding Certificate) by the Kolkata
Municipal Department.
And now after the announcement of
the CRR deduction by the RBI, home loans are expected to get cheaper. This may
also boost the demand of the real estate property in Kolkata.
Kolkata being a coastal area
offers a nice climate around the year. One can always find cool places to hang
out in the city.
Kolkata is the second most
populated city in the country. The demand of the real estate property has been
radical and a quite stable. But with the launch of various residential and commercial
developments at affordable rates, this demand may rise. Almost every day,
companies announce their projects to be developed.
1 comments
Kolkata real estate is correctly priced. by saying correctly priced, I mean, pricing achieved through demand and supply. After WBHIRA, the control on some projects have been done. Few projects were advertising of apartments and bungalows at an abnormal low rates, which the end users were getting attracted, hence loosing their hard earned monies. After WBHIRA being implemented, most of these advertisements have stopped. it is always better to involve https://splrealco.com/ a good broker to help you buy a property in Kolkata
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