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Classifieds: Real Estate | | NRI Property of Kolkata | | Posted By: Ashok Kumar Jain Jain at: 11, Jun 2010 12:15:35 PM IST | About Kolkata NRI Real Estate Property:
Kolkata is another emerging city in the real estate investors list. Apart from offering lucrative business plans for investors in IT and retail sector, Kolkata is becoming one of the hottest cities for real estate investors as the city is witnessing resurgence in its economy after years of stagnation; into being the business destination of India.
Much of the credit for Kolkata’s emerging as the investment destination goes to the West Bengal government, which is promoting knowledge industry in a big way.
The IT boom in Kolkata is clearly evident from the huge investments by IT companies to set up their base in the city. The 10,000 hectare Rajarhat is emerging as the next hot destination for the IT and ITES. More IT parks are also growing up in Kolkata with Ascendas, DLF, Videocon-Salarpuria, Bengal Intelligent Park, Technopolis, Infinity Benchmark, Infinity Waterside, Millennium and The Hub together set to create over 37 million square feet of space in Rajarhat and Sector V.
The real estate market in Kolkata is growing beyond the boundaries of the city to include areas lying at its periphery. The outskirt of the city offers ample space and improved accessibility to provide an ideal location for renewed construction activities and development work. Kolkata is one of the most densely populated cities in India and the city has always been in the dilemma of burgeoning population and depleting resources, predominantly space for housing development. The initiatives taken by renowned builders of the country to employ modern engineering methods in order to build houses that require less space and provide better amenities, are proving a boon for thousands of homeless citizens in the city. There are now all types of apartments as well as independent houses available for sale and also for rent everywhere within the city as well as at its fringe. However the capital and rental value of a residential property in Kolkata is much dependent on its location in the city. A wide variation in the values of properties lying at different parts of the city is found, which is a significant characteristics of the real estate industry and also an advantage for different kinds of home buyers. We offer you an insight of the local property market by providing you the current prices of properties lying at different parts of Kolkata.
For more details, go to: http://www.affinityconsultant.com/ or call us @ 9903333278
NRI Real Estate in India:
NRI Real Estate Investment has been on a sharp rise in the recent few years. This can duly be attributed to the tremendous growth in the Indian realty sector with an average of 30% last year. India being the fifth largest economy in the world and the second largest among rising nations has shown a potential growth in investments destination for the NRI population.
The real estate bubble is blooming with huge investments from all sides, the Government of India (GOI), individual builders, infrastructure developers, large conglomerates and NRI''s or the Global Indians. The contribution of the Indian Government and other factors to the attraction for NRI investments in realty sector of India includes:
• Sale of land for residential, commercial and industrial development.
• Liberalization of rules by GOI and RBI regarding NRI property and NRI homes investment.
• Infrastructure support for the realty development all across the country
• Policies for transparency and facilitation of real estate transactions
• No restriction on the maximum number of properties that can be bought
• Easy finance availability
• Simpler repayment processes like normal inward remittances or debit in their NRE or NRO bank account.
Contact at: 9903333278
For Booking Property and More Information Contact:
AFFINITY SOLUTIONS (P) LTD (The Real Estate Consultants)
Mr. Amit Singh – 9903333278 (Kolkata Office)
Mr. A. K. Jain – 09811159064 (Delhi Office)
16469150050 (US) | 442030516831 (UK)
http://www.affinityconsultant.com
amit@affinityconsultant.com
info@affinityconsultant.com |
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