Indian Localities That Offer Apartments Above Rs.2 Crore - Page 4

Indian Localities That Offer Apartments Above bigimg2 Crore

By siliconindia   |   Tuesday, April 23, 2013   |    1 Comments

Kolkata

Kolkata has emerged as an ideal place for real estate investment because of good infrastructure, land prices and the government’s initiative to future developments. Some of the major residential localities in Kolkata are Ultadanga, EM Bypass, Ballygunge, Rajarhat and Garia, where luxury apartments come under the price tag between rs2 crore and rs4 crore.

Another place named Ballygunge Place is an upscale and elite locality in South Kolkata. Some of the prominent Indians like Khaitans of Eveready Industries and Ruias of Dunlop India resides in this locality driving the property prices upward. An average flat in Ballygunge Place will costs around rs10,000 to rs12,000 per square feet.  

Then the list moves to Rajarhat, which is also known as New Town is mainly covered with gated high-rise residential complexes. The average locality price of this area ranges between rs6000 and rs6500 per square feet. The area houses some of Kolkata’s best 5-star hotels, malls, hospitals which in turn making the property prices go upward.
Also Read: One Bedroom Flats on High Demand in India

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