GET OUT OF CONFUSION OF BUYING REAL ESTATE IN NORTH KOLKATA OR SOUTH KOLKATA
If you want to invest money in buying real estate to the North or South side of Kolkata then the lack of knowledge of particular area may put you trouble.
Let us give you details on it to make your worry less.
Day in day out real estate in North Kolkata is getting costly due to want of land. A report of Magic Bricks Value Chart says that the apartment capital value in North Kolkata’s Baghbazar area has risen by 6% approximately in the past three months from January to March. In the month of January it was in the range of rs2, 500-3,000 per sq.ft where as in March it was rs2700-3100 per sq ft.
Despite this people staying here for generations don’t want to leave this place a report says. North Kolkata is overpopulated and a major concern is you can’t have space to widen the roads. The place consists of 3-4 kathas of land owned by small builders to erect structures on Ground floor plus three/four storey buildings.
Ballygunj Street, Park Street, Jadabpur, salt lake are such areas in South Kolkata that are well planned to have greater open spaces and better infrastructure system.
In South Kolkata Salt Lake sector-V is a hub of IT sector and a residential place of IT professionals.
On the other hand most North Kolkatans depend on business.