Find Best Projects to Invest in Behala Chowrasta

Behala Chowrasta is the busiest point in the Behala locality with transport connecting different other parts of the city. Behala Chowrasta is well-connected to other parts of Kolkata by different means of public transport. A number of buses connect the locality to areas such as BBD Bagh, Howrah, Sealdah, Park Street, Bidhan Nagar and Kidderpore, among others. One can also travel by auto-rickshaws to areas like Gariahat, Rashbehari Avenue, Jadavpur, Tollygunge and Rabindra nagar. Behala is served by the Majerhat Railway Station on the South section of Suburban Railway. The Netaji Subhas Chandra Bose International Airport is a 46-minute drive from Behala via VIP Road. 

Thus, any real estate developer gets a good reason to promote major flats in this area. And the area is highly on demand. 

• There are a number of reputed schools located in and around Behala Chowrasta. 
• These include Sammilani Aurobindo Palli, Gangarammpur Girls High, Sunny Prep and High School, Aryya Vidyamandir, National Gems and Barisha High, among others. 
• Hospitals in the area include Good Earth Medical Care and Research, Barisha, Vidyasagar State General and Hospital. 

Every buyer searches for good and convenient amenities in the area of investment and real estate investment in Behala Chowrasta is one of the major attraction here. Hence, builders in India who have a good grip over this area, get the chance of building some of biggest projects over here which can get sold very easily. 

• Chowrasta is considered as the most convenient and advantageous location in the entire Behala locality. The area is very well connected to the other industrial parts of the city as well.

Hence, the demand for the locality goes higher. Any real estate developer of this area is eager to sell flats at quite an affordable rate but the special advantages of the location and other amenities have compelled the builders to also develop some of the luxury projects as well.

Behala Chowrasta is one of the most popular destinations among home buyers in South due to factors such as good connectivity and proximity to the upcoming IT hub proposed by the State Government. Some of builders in India who have made their presence in this locality are Balaji Consortium, Fort Group, DK Group, Eternity, Mainak Group and Merlin Group. Some of the prominent residential properties in Behala include Crimson by Balaji Consortium, Rejoice by Fort Group, Metro City by DK Group, Aloy by Eternity and Symphony Towers by Mainaak Group. 

The average price of an apartment in Behala is Rs 3,500 per sq. ft. with unit sizes ranging from 715 sq. ft. to 1,654 sq. ft. About 33 projects are currently under construction and 7 are expected to get possession by the next year. Hence, it is quite evident that how rapidly the area is being developed further and it can be assured that some of the most lucrative projects are coming up in the near future that are sure to make this locality feature in the top list of Kolkata. Investment in Behala Chowrasta is sure to be highly productive and profitable. Starting from great transport system to the presence and continuous development of other amenities has made this area extremely happening.   

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Does The Kolkata Real Estate Sector Have Growth Prospects in 2017- 2018?

With the multitude of flats coming up in Kolkata and the implementation of GST and RERA is sure to bring more buyers, Kolkata real estate is sure to see a boom in the 2017- 2018 period. The developments in the city have been massive in recent times and although it was expected that the demonetization would eventually slow down real estate, nothing of that sort had actually happened. There has been a 30% increase in the last three years and it had been a mix of new projects in Kolkata in entirely new localities as well as redevelopments of familial properties. The people in Kolkata have always been emotional and many families held on to their ancestral properties, in spite of finding it hard to maintain the huge buildings. 

Now the buildings built till the 1960s are finally being pulled down with these properties being handed over to the promoters who are making apartment buildings in its place and the home owners who have sold off their building are given a flat or two depending upon the deal. Some of the major areas of the city to see this kind of redevelopment are Ballygunge, Bhowanipore, Gariahat, Alipore and Park Street, along with certain pockets of North Kolkata.

North Kolkata did not have many high rise properties and frankly speaking, the core areas of the city have long been saturated, which resulted in the growth of areas like New Town, Rajarhat and Baranagar. New Town and Rajarhat cam into focus after the IT boom in Sector V and most of the families living here are that of the young professionals who are working in IT. However, the prime areas of the city like Ballygunge, New Alipore, Lake Gardens or Jodhpur Park or Shyambazar has always had their own appeal and owning a small place here, even though it might be small due to budget constraints, can have greater value in the long run than a regular flat in the fringes. 

Moreover, the older houses in Kolkata are huge and they are sold with 5 kathas and 15 kathas parcel and a single katha costs over Rs 1 crore anywhere in the city, whereas land in Park Street, Lansdowne, or Jadavpur are sold at 2.5 crores per katha. Even a small 800 sq feet flat in these locations would cost around Rs 75 lakhs, plus taxes.

North Kolkata has now seen the demolition spree with older properties being pulled down at such a rate now that it had also motivated a group of petitioners to start a campaign to protect the architectural heritage of the city. In the latter of 2016, the region has seen a 15% increase as more land was available here than ever before. The young population moving out of the city is also a major reason behind it, as basically no one is left behind to care for these huge properties anymore and the owners prefer liquidating the property instead.

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