We all have an image of our dream
home all set in our imagination. A lavish home to call our own, with every
facility and amenity to make living even more luxurious, we dream of such a
place and more. Now it is possible to own premium flats in Kolkata, the city
of joy!
An
increase in luxury residential projects
Luxury residential projects are in high
demand and the brief slowdown that hit the real estate market towards the end
of 2016 is long gone. The market is seeing an upward trend and experts believe
the trend to continue in the New Year as well. The increase in demand for
luxury residential projects has directly improved the market and, thus, the
number of luxury residential projects in the city. Almost every major real
estate developer has contributed to the pool of luxury residential projects in
Kolkata.
New
locations within the city
If you take a closer look at the new
luxury residential complexes coming up in the city, you will notice a trend
that the real estate developers are shifting their focus towards the areas
within the city that were ignored till date. Quite understandably so, since
there isn’t much space left in the major locations within the city. The luxury
residential complexes need large areas of land that are not readily available
in the heart of the city. However, improving infrastructure and connectivity of
the outskirts with the city center has led to the increasing demand for the
luxury projects coming up in areas such as Rajarhat, EM Bypass, Joka and other
such areas in Kolkata. Moreover, these regions are going to be well connected
via the Metro network in the near future. The development of these areas of
Kolkata has resulted in the city developing and spreading over a larger area.
This is indeed a positive sign, given the increasing number of population
migrating to the capital for various purposes.
A
positive sentiment driving the luxury projects
Even if the above-mentioned factors
had remained constant, without a sustainable demand it would have been
impossible for the real estate developers to keep developing luxury residential
complexes. Thankfully, the demand is pretty high and as per the experts, it is
going to be strong in the upcoming years. Today, even a 1 BHK flat in Rajarhat equipped with all the modern amenities
has high demand in the market. One of the major reasons behind the increasing
demands is the improving lifestyle and changing preferences within the city.
With surplus incomes going up with today generation, the lifestyle is bound to
change. Factors like having a posh and stylized locality, easy access to the
best educational institutions and medical facilities within the city, a need to
have gymnasium, entertainment centers, shopping centers, and more, within the
housing complex, have led to the development of these luxury residential
apartments. An ever growing need and demand for a better
lifestyle are some of the important driving forces when it comes to the
development and sale of the luxury apartments. And, as the trend looks, this
driving force is going to stay strong for a long time.
The
Takeaway Point
It can be deduced from the
above-mentioned facts that the growing need of luxury residence has certainly been
a driving force behind the development of premium projects in the city.
According to the experts, the number of premium projects is soon going to change
the city’s skyline in the coming years.
Description: One Rajarhat is the upcoming
luxury residential project of Anik Industries. Replete with all sorts of
premium luxury elements, One Rajarhat is soon going to be the abode of the
urban folks who won't settle for anything less than pure elegance.
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