Showing posts with label buy property. Show all posts
Showing posts with label buy property. Show all posts

9/22/2014

Should You Buy Property in This Stagnant Market?


Most people who intend to buy properties are in a dilemma about waiting and watching or going for the kill. Property prices are quite high although sales are not which is why buyers are waiting to see if the price of properties fall or not.
If you too are thinking of buying property, this would be a good post for you to go through

Investing when you have the power to negotiate 
The momentum in stagnant markets is always missing. Even though it makes sense to wait for a drop in price, if you come by a property which fits the bill of what you want, don’t hesitate to buy. Most buyers were speculating prior to the election which has led to stagnancy in the market. However, house buyers must understand that this is the ideal time to buy property in order to get a good deal. With piling inventory, developers are willing to negotiate the property prices.

When the real estate market turns out to be sluggish, it is a good time for buyers to move in. Many developers are willing to negotiate between 5 and 7 percent of the property price quite unlike active markets where the market is entirely controlled by sellers. Depending on the brand, buyers can look forward to festival discounts, well designed packages and free registration aside from other concessions.

Developers have already started offering freebies and discounts on their properties which would increase further as the year closes. The real estate market becomes quite dynamic during the festive season in India as buyers look forward to getting discounts and offers on their purchases and developers to sales that have freebies. Compared to the past 2 years, the festive season spells good sales this year. Because of lower buyer sentiments, the market has piled on lots of unsold inventory. Areas such as Gurgaon, Navi Mumbai, Thane, Greater Noida and Noida are expected to show hefty discounts on the properties available.

The developers are willing to negotiate with those who want to buy property this festive season in terms of price rather than offering cars, gold coins and foreign trips, which were offered in the past 2 years. For example, in the Delhi NCR region, most of the developers offer Possession Linked Plans or PLPs as festive offers where numerous schemes of payment are offered such as 10:90, 30:30:30, 30:70 and 25:75 etc. Many developers have given up EMIs till the time of possession for wooing in customers. Several developers are also looking to book flats on behalf of those who want to buy property for Rs 1 to 2 lakhs only!

Developers seem to be making a killing by offering cash discounts as more buyers are inclined towards these cash discounts over free gifts.  Almost 60 percent of house buyers would prefer to buy property in the festive season if cash discounts are offered on the property. This time is certainly a good one for buyers to purchase property because builders are willing to negotiate on the price of the property. Not only do buyers have a good chance of saving a hefty amount but also the freedom to choose from wide range of options because of the adequate supply in the property market. Once the inventory accumulated is exhausted, prices should increase as buyer sentiments are expected to grow. Therefore, you should certainly consider buying properties at this time of the year, when the market is slow. You should research enough prior to targeting a particular project because you have a good chance of getting great property.
Quality Properties are sold in a Slow Market
When the market is in the hands of sellers, almost anything is sold. At a time when everyone indulges in purchase of property, it would be hard to resist. However, when the market is slow, buyers have to be cautious about their choices and certainly judge the quality of a project before purchasing it. At a time when demand is high, builders seldom follow up with buyers.
What most buyers do not realize is that branding of a project begins right after the stage of possession. When you sell an apartment, you are selling lifestyles and dreams. Therefore builders must certainly take care to assess the quality that he is supplying buyers with and therefore must follow up buyers or look into complaints through consumer grievance cells. At a time when the real estate market is slow, purchasers can make out easily what is good for their lifestyle and taste.
Real Buyers are Active at all Times
Even though most analysts claim that real estate markets in cities are stagnant, the story is much different form that. At all points of time in a market, there are potential vs actual buyers. The actual buyers are people who have saved a part of their income through the years and research adequately into properties available. They consider purchasing decisions about properties for months almost because their savings would be entirely vested in this. Even though they invest their money wisely, they do not keep postponing their decision. They simply wait for good deals to come by.
Actual buyers usually have certain temptations that get them to the market. A lot of buyers look to purchase property during the Navratri festival. Even though they decide upon properties that they want to buy beforehand, they still wait around for good deals to come by during the festival. During slow markets, mostly investors sit out of the market because the benefit of purchasing the property is not there. End users are always active no matter what the market situation is.
Youngsters want quick returns on investment
Most youngsters nowadays are oriented towards investment. Instead of putting their money in gold which they consider as dead investment, they are investing in mutual funds, property and stocks. Since properties are secure investments, youngsters do not mind putting their money in them as their value would appreciate in the future. Moreover, realty prices have increased to a good extent in the past few years. Therefore, if you wait around for a faster market and right time, you may end up spending more than what you intended to for your dream home.

5/30/2014

How To Buy Real Estate In Mumbai

In the present scenario real estate is contending as a prosperous business. It is also one of the most lucrative business schemes now. The present economic condition of the nation encourages buying of real estate for the people. The cities of Mumbai, Delhi, Kolkata, Bangalore, Hyderabad and Chennai in India are some of the top profile cities for carrying out real estate buying and selling. If Bangalore ranks at almost the top position Mumbai too is not far behind. Whether buying a real estate for immediate use or for selling it later at the proper time, Mumbai is promising.




It is important to know how, when and where to real estate Mumbai. How profitable is it to involve in real estate at Mumbai leaving aside the other big real estate promising cities of India. Congested cities like Mumbai are seeing the scientific rise of suburban areas for real estate like Pune. A proper observation would reveal the correct status of Mumbai.

Mumbai is a large place which has been a witness to several historical incidents for many centuries. Mumbai formerly known as Bombay is made up of an isthmus joining a conglomeration of seven islands. This has made the south of the city unavailable for land. It is thus an island city on the Konkan coastline. Now the islands have joined to form one city. It is now the largest city of India with a population of about 17 million people. It is the most culturally accommodating and the greatest cosmopolitan city in India. Why is Mumbai a haunt for real estate? Mumbai contributes to 20% of India’s industrial outputs. It contributes to 40% total income tax collections and helps in 70% of capital production of the country. It is in simple words the economic hub of present India. With so much in its bag it becomes the haunt for real estate buyers.

Mumbai’s geographic conditions also make it suitable for settlers. The weather conditions are warm to moderate throughout the year. Being situated near the coast it is fairly pleasant all throughout the year. Most importantly, the geographic area serves as a boon. It being a natural harbour shelters India’s maritime cargoes. Thus it is an entry and exit point for foreign trade. Its international airport connects the world and transports in and out a huge population. Mumbai’s good transport system and way of living attracts people from all over to buy places here.

Some of the most important financial zones of the country like the Reserve Bank of India, Bombay Stock Exchange and National Stock Exchange are located in this city. Some of the top corporate sectors and the top educational institutions are present here too, ensuring a steady flow of job employees and students. Mumbai is also one of the leading and very popular tourist spots of India. This fetches great business prospects too. Not to mention, the country’s probably the biggest industry, the Bollywood industry competing with Hollywood. These factors have named Mumbai as India’s New York, pouring in a plethora of real estate seekers.

Before the Mumbai attack some years back, the country faced a global credit crisis. Investor interest was also slow. The attack caused a jolt. It is believed to have a huge impact on the real estate market in the city. The cross border business declined there was a decline in real estate market according to experts’ words. However, the place had seen a revival in real estate soon after. Later, the industrial slowdown has not been able to cause any big impact on the real estate market. The ultra high end of the city has almost remained untouched by this slowdown. Now there is competition between overseas investors and high net worth individuals for the ultra high ends.

One of the mostly favoured areas in Mumbai is old South Mumbai. This comprises of Altamount Road, Peddar Road, Carmichael Road, Kemps corner, Nepean Road, Breach Candy, Malabar Road, Walkeshwar, Colaba, etc. South Mumbai has a lot of availability. Here new and old both types of apartments are available. Those who require schooling availabilities choose Bandra-Juhu locality over South Mumbai. The next important location on basis of preference is the belt comprising of Lower Parel, Parel, Mahalaxmi, Sewri, Worli and Prabhadevi. These areas are generally preferred by those people working in Central Mumbai and Multinational Companies willing to relocate. Here the buildings and apartments are brand new. The other important locations mostly for management sector people are the areas from Bandra, Santacruz and Juhu, Khar and Powai.

Some of the top high profile buildings like American School of Bombay, British High Commission and American Consulate are situated in these areas of Juhu and Bandra. Many good quality semi new buildings and apartments also lie in this zone making it a desirable and most sought after places at Mumbai and a favourite among Expatriates seeking relocation. Borivali and East and West Andheri are those localities where individual leasing activity is most observed.  Most of the owners of premium apartments prefer renting their apartments to employees of companies and to companies themselves. This is because default risks in these cases are almost nil.

Mumbai being a land of various industrial sectors, the leading one being the film industry or the famous Bollywood industry the demand for a place is real high. There are also good educational sectors and job centres in Mumbai and nearby, making it a place of high demand. The demand for space here is not temporary but a permanent and ever growing issue. Land in Mumbai is available at a premium. As a result the outskirts are developing themselves at a rapid rate to provide accommodation for aspiring dwellers. The south of Mumbai is the most sought after places for real estate. Looking for real estate at these outer areas is a good idea of sorts.  These areas would not only develop largely soon but also bring a good return in the near future. Prices would often come up and down and it is to be judged well before hand to have a great buy.

How To Buy A Flat Without The Help Of A Real Estate Broker

Quite a few real estate buying and selling transactions are made in a year without involving a real estate brokers in the business. Hiring an agent requires a lump some amount to be paid for carrying out the deal by the buyer. Sometimes the seller too needs to pay some amount to the real estate agent in this business. Some buyers especially those buying a real estate for the first time do not trust real estate agents and may seem to be tired of them. At times such feelings may be proven true if the agent is interested only in closing the deal and not interested in the deal. But, this is not the case with most agents. There are certain risks involved in working without an agent, which however can be overcome. All the paper works have to be done by the buyer himself/herself. Negotiations have to be done and many more such works. However a few things kept in mind will help a buyer make a nice buy without a real estate agent.
  • Pre-approval mortgage: Once the mind is made to buy a flat it is necessary to be pre-approved for loan. It would not be certainly possible for anyone to offer full cash for buying a flat or house under normal circumstances. A pre-approved mortgage will ensure how much amount one is liable to get. This will help in making the deal in future while making an offer and negotiating with the seller. This secures the financing part. This will also provide assurance to the seller that there is back-up for the offer and that the buyer is a genuine buyer.
  • Search for flat on sale: Now a search for the flat of your choice should be made. There a wide range of sources to search from. There are real estate magazines to look into. Those on sale by owners should be considered as the deal is going to be carried out without an agent. Then there are the newspapers who publish advertisements from sellers in both real estate sections and classified sections. Some real estate websites online provide advertisements with great details and are really good sources to rely on for flat buying. Lastly, one could take a tour at desired localities to search for flats on sale.
  • Contacting the owner: This is a short but nevertheless a very important step. The owner is to be contacted once a flat has been targeted. It is necessary to talk to the seller and clear all doubts that arise in the mind before seeing the flat. After the talk make an appointment for viewing the place.
  • View the flat properly: Once the talk is over it is time to make a complete tour of the place that the buyer wishes to buy. It is really necessary to see the place in person. The place could be visited on the own or the seller or listing agent could be taken along with for making the tour. However if the listing agent is asked for accompaniment make things clear beforehand regarding the pay. He might expect the pay that was supposed to be paid to the agent not hired in this case.
  • Look for an attorney: A real estate attorney is a must while buying a house or flat even if an agent is not required. This attorney should be hired before the dealings have gone too far. It is better to hire one as soon as the choosing and contacting the owner of the flat is made. The attorney will be essential in making the final deal and as soon as the paper works start. For verifying legal matters and the authenticity of the whole transaction an attorney of real estate is necessary.
  • Offers and negotiations: Once the right flat is chosen according to the desire it is time now to make the offer. Let the offers be made in clear terms without keeping any grey areas. The offer should be less than the listing price as the seller would not require paying the buyer’s agent as there is no agent involved in the whole dealing. Make the negotiations wisely until an agreeable term is reached. Make sure that all contingencies are included in the negotiation. It will save the buyer’s money if the deal falls for any reason. Everything should be put down in pen and paper. The legal attorney’s help should be sought in the matter.
  • Inspection and appraisals: The inspection procedure comes up next. The buyer needs to be present in both of these along with the real estate attorney. Since an agent is absent the listing agent could be cajoled into take some extra effort.
  • Contract and closing: After so much hard work it is time to close the deal. The attorney should check and review everything properly before the signing work begins. There might be quite a lot of papers to sign on the part of the buyer. The seller requires some signing too. Let everything be put down in writing. The mortgage will be processed and the deal will be closed and the flat finally belong to the buyer.

Buying a property is not impossible or difficult without the involvement of a real estate agent. There are myths flying everywhere regarding the cons of buying houses and flats without hiring an agent. These are only myths and one must look beyond these if serious buying of flat is in mind of a person. The secret is to know the tactics of real estate purchases and the legal matters by heart and soul. This knowledge would never let the buyer be deceived in any way. It would also not require hiring an agent and thus prevent paying extra that is the agent’s due. Involving an attorney is a must however. The simple guidelines given above would certainly be beneficial for an aspiring buyer of a flat to undergo a deal with courage, especially for first time buyers. Be courageous and be independent.

5/07/2014

How To Sell Your House Without An Estate Agent

Property deals are very problematic and tricky these days. People are generally more anxious about buying property. They are more concerned about the nature of transactions and their sanctity. This has mainly happened due to the fluctuating and hazardous nature of the property market in recent times. Property markets have seen a drop in demand and this may be affecting sales of all properties in major Indian cities. People are finding it hard to get proper buyers for a house or even an apartment. Affordable housing is not always easy to find and hence mainstream buyers are staying away from buying homes and apartments directly from buyers.

Are you looking to sell off your home? Why are you selling off your home? Are you looking to earn a profit? Are you otherwise simply looking to dispose off the property as soon as possible at almost any sum you get? These are questions that you must ask yourself before deciding to sell off your property. Once you get the answers, you will have the right kind of perspective required before selling off any property. This will help you package your proposition accordingly. In today’s market it depends on the kind of proposition you offer. If you are simply looking to sell off your house at any good price you get, be sure to advertise something of that nature or make your intentions clear to potential buyers.

Alongside, if you are looking to get a good price and make some profits on your original investment in the home, you should be careful with regard to drawing potential buyers. The way you package your home will of course pertain to its importance as a high value investment. This will help you draw the right kind of crowd. The way you advertise your home and take a stance, will go a long way towards determining the kind of buyers you actually end up attracting. Some people cannot really draw buyers very quickly but this is possible with contemporary tools and other strategies.

You should be witnessing the rise and advent of agents and brokers in recent times. These individuals have monopolized the sector of late. They control real estate markets in most Indian cities and are often fearsome individuals with regard to operating on their own terms. They are an institution unto themselves and people still end up going to them and trusting them of their own accord. Should you be going for brokers and agents too? You should strictly steer clear of these scrupulous individuals if you want a smooth and hassle free transaction.

Many people will end up advising you to go to the nearest broker or agent as they themselves might have done in the past. Alongside, you will be given a talk on how brokers make life easier for you with regard to getting buyers for your home. While this may seem like a tempting and easy solution, you should firmly endeavor to market your property yourself without depending upon anyone. Firstly, it helps you stay in charge of everything and interact with potential buyers yourself. You will be the best person to provide information about your home to potential buyers and this is a big factor that you should keep in mind.
Alongside, agents and brokers often charge high commissions both from you and the buyer. This may sound trifling at first but it can lead to a huge dent in your pocket later on. Why should you end up paying a huge sum of money as commissions to your broker or agent? This sum will be better off in your bank account after the successful conclusion of the deal. As a result, you should always try to sell off your house yourself. A little research, effort and hard work will go a long way towards helping you market your property in the best possible manner. Learn all you can about the locality and its particular benefits.

Highlight these benefits wherever you can. Write your own sales pitch for the home and this should also include the facilities and other infrastructural amenities nearby along with access to proper transport networks and other recreational facilities. Write about the upcoming developments in the area and also the expected infrastructural growth of the same. Enquire about the prices obtained by sellers of houses in the recent past in your area and put yours on par with the same. Get the per square foot prices of property in your area and work out the accurate prices of your house. Package the house according to its best features and other highlights. Write the strong points of the house down for the benefit of prospective buyers.
Prospective buyers should be given a tour of the house and work out your deal very carefully. Do not go for the first available buyer if he/she offers prices that are way lower than what you expect or deserve. Use online classifieds portals to successfully sell your house without any agent or broker. Advertise your property on these portals under the requisite real estate section or category and watch people respond to your advertisement in droves. Be careful that you mention all necessary information properly in your advertisement. This is the first and foremost way of ensuring that people check out your home.

Always go for premium advertisements while advertising your home; this is about the only investment you will have to make. A nominal sum of money will get you phenomenal results while brokers and agents will only be charging hefty sums on the other hand. These strategies and a little effort on your part will help you avoid the clutches of brokers and agents. These individuals will only connect you with the right kind of buyers. You can do this yourself with the help of online classifieds and personal networking.

This will help you get more value for your transaction and sell your house without the assistance of any broker or estate agent! 

Tips While Buying A Property Of Your Choice

Buying a property is the most profitable investment in recent times. Properties of land and houses are the most valuable assets of man. With passing time the value of these properties tend to increase more and more. In the present times the rate of increase is extremely high for such properties. A property can be purchased either for present use or to sell it or keep it stagnant for the time being and sell it off later at a profitable price. Now while buying a property one must keep in mind certain things about it and go through them thoroughly before finally signing the agreement to avoid deception or some mistakes at a personal level. Whether for use or as an investment, property is a lifetime investment and even a trivial mistake could ruin the entire investment. First time buyers can get lost or face more dilemmas while buying property. Here are some tips that would help any person with regard to buying property safely:

  • Choosing the type of property and price: First it is to be decided as to what type of property a person wishes to buy. It can be commercial, residential or industrial property. After this there are some other features to be given a thought like area of the plot, accommodation, preferred floor, the location, parking space, sizes of rooms, servants’ quarters, etc. Distances from markets, railway stations or bus stop, airports, etc must be included in the list beforehand so that after buying it is not a wrong choice made. Then the matter of budget should not be forgotten. However desirable a property may be, if your pocket is burdened, everything goes down the drain. Therefore the price range is to be determined beforehand and you should then proceed to make a choice and purchase. However slight compromises in price and location may be required during the transaction.
  • Time of purchase: Now it is time to decide upon how much time the buyer has at hand. If there is a hurry to shift into the new property at the earliest possible time then there will be less time to go through every aspect of property buying with careful observations. On the other hand if there is no hurry to shift to the new property very soon or if the person is buying the property as an investment and would sell it off later at a good price, then there is no hindrance to a minute property check. In that case, the person should get hold of several proposals and collect information on them before choosing a final one. Also it would be better to reserve a property during construction itself. To know about various proposals the buyer can communicate with a real estate agent.
  • Thorough check of the place: It is necessary to come out with a manual checklist of requirements and undergo a thorough physical check of the place while deciding upon the same. While making an appointment with the real estate agent or the owner of the property assign some time to go for a good inspection of the property. Check according to the checklist made as per requisition. Also check for the condition of the place, actual size of the house, floor area, tendency for dampness, air space, enclosed area, etc. Whatever is promised in the advertisement might not be found exactly matching with personal observations. Thus knowing what is going to be your own is not asking for too much. It would be wise to consult people in the vicinity to know more about the property on sale. Again there may be some aspects to compromise upon on your part.
  • Developer and legal checks: After a checklist is made, a physical inspection undertaken and the price fixed, it is time for some legal checks. After buying a beautiful property with lots of money and love no one would like to fall under any legal constraints. Therefore along with the property make a note of the developer. Try to find out the credentials of the developer. Try to find out if correct information and every detail regarding the property have been delivered to you or not. Take some time and ensure that the property title is clear of any complications that may arise in future. Know the details of the status of ownership of the property and whether it is acquired from some authentic and competent authority. Also if possible, talk to previous holders of the property and learn about any potential problems they faced.
  • Completion certificate: If the property is finally chosen, agreed upon and wishes to buy it, let a draft of agreement be drawn. This should be done only after all checking has been done and all settlements met out. The agreement should have every details of the transaction and the price paid. Check carefully that there are no hidden terms and clause regarding price or extension or reduction of property, etc. Have everything clearly on paper in writing. Check carefully for all charges applicable. It would be proper to have the agreement checked by a lawyer or legal person for any anomalies and have everything sorted out if any anomalies are found. Also have the deed checked by an architect. Putting aside a little sum of money for registration of property would be a worthy expenditure indeed.
These above mentioned tips could be helpful while making a final decision on a property to purchase, if seriously followed. No one would like to be deceived or make a wrong choice in such an investment as property. Thus it would be advisable to have some prior knowledge on property investment before embarking on the property hunting process. You should first decide on a particular property and once it is chosen, conduct thorough and extensive checks on the place. Thereafter, invoke legal help to make sure that everything is clear and concise. These tips will help you buy property in a safe and hassle free manner. 

11/23/2013

Property Investment in India for NRIs


Growth of Real Estate in India: While many countries around the world have been combatting recession, India on the other hand has seen immense growth and still holds much potential in the real estate sector with reports revealing that investors have gained up to 20% as returns on their real estate investments. Investments made by NRIs in the recent years have also been influential in creating an inflow of monetary gains for India. 

Investment Schemes for NRI: A lot of avenues have been created in the past few years that have helped and enabled many NRIs, PIO and OCIs to make investments through property in India. The RBI grants permission to own property in India if the person possesses an Indian passport and he or she is free to invest in either commercial or residential property as per his or her will.

Acts passed by RBIFEMA or Foreign Exchange Management Act has been implemented by the RBI that has helped in relaxing the strict rules of buying and investing in property on Indian soil. Repatriation of the capital invested in Indian property is also a major cause that has assured NRIs and encouraged them to make investments in the country. According to this, all capital gains obtained from the transaction of property can be remitted outside of India once the person pays his due taxes on his gains. Since repatriation of funds abroad is possible now, more and more NRIs are looking for investment opportunities in India.

Eligibility for Home Loans: Relaxed norms have also made it feasible for NRIs to procure home loans based on any property that he or she possesses or new investments. The GMI or gross monthly income plays an important role in determining the amount of loan that the person can be eligible for.

Why Invest in Property in India? : Apart from the very obvious reasons of a booming real estate market, and affordability of NRIs to invest in property in India, a major reason for doing so is the sense of security. Possessing property in one’s homeland gives homeowners a feeling of stability and security in terms of owning a home. It also serves as an additional source of income and moreover, they attach a sentimental value to it as well.

Online Hunt for Property: Online portals have become the latest classifieds hotspot for Indians who are learning to avail of the many advantages and facilities the web has to offer. Look for land for sale Delhi, sell property in Bangalore, rent apartments in Mumbai everything is possible through these. The web based community requires users to sign up and become members thus enabling them to post or sift through innumerable free classifieds. Currently, Delhi NCR has its property highest on demand and there is much scope for property for sale in Delhi as well as investment. Look no further and log on for more details on upcoming residential and commercial projects based on your city of preference.


11/21/2013

Why Invest in Property in Kolkata?

Property today is considered to be the second best investment after gold. With investment options suited for all sorts of income groups property seems like a very lucrative investment. Kolkata has a number of residential as well as commercial projects coming up in the next few years which is predicted to create a significant impact in the real estate industry. While some people buy property as an investment with the intention of selling it off or renting it out, some others also buy it to live in the area in the future. Real estate is in a dynamic state in Kolkata and the next few years are said to be the best time for investments.

NRI Investments: Rajarhat in Kolkata has become the hotspot for investments made by NRIs. There are numerous luxury apartment projects coming up that include high rises, villas and bungalows and most of these include investments made by NRIs. Most of these families have a future plan of either returning to the country or look upon it as an extra source of income by renting their property out. Prices in Rajarhat is rational, the location is very convenient and ideal considering its proximity to the airport, hotels, education institutions and the IT hub – Sector V Salt Lake. The ambience and atmosphere along with added facilities of clubs and other amenities along within the residential premises makes it a lucrative choice for most NRIs who generally look for serenity and peaceful places to hang out.

Affordability of Property in Kolkata: Property for sale Kolkata comes at affordable prices in spite of being one of the major metropolitan cities. As compared to the other cities, Kolkata offers budget friendly housing catering to the needs of the low income groups starting from as low as 8lakhs as well as luxury residential projects for NRIs and high income group investors. As a result, Kolkata can be analysed as more of a mixed bag of investors accommodating all categories and classes of people. The availability of home loans taking into consideration families from the service class makes investments from all income groups viable. There are even tax benefits of about 1.5lakh per head per annum for those coming from the service classes.


Apartments for Sale in Kolkata
Eden Tolly Signature - Kolkata, West Bengal
Other locations for investment: Upcoming townships and projects around Behala, Garia and EM Bypass are equally in demand after Rajarhat. Areas around Garia have seen rapid expansion of real estate in the past 2-3 years and are yet to see more in the coming years. Southern Kolkata having good connectivity in terms of public transport is a viable option and taking into consideration social amenities, it is considered to be perfectly suited for middle income group families, whether it is for residential purposes or investment alone.

Online sources: Look for land for sale in Kolkata and upcoming residential projects in the city. Classifieds based websites offer a wide range of ads and online solutions, a great option for all buyers and sellers to meet and interact virtually.