Real Estate trend of EM Bypass Kolkata
The Eastern Metropolitan Bypass, more commonly known as the “EM Bypass“, is one of most sought out realty destinations in Kolkata today. EM Bypass located in the eastern part of Kolkata has been designed as a periphery that would ease out the traffic congestions mainly on the Gariahart road area. With a number of connectors linking EM Bypass to major areas of Kolkata, EM Bypass offers a very good investment opportunity for those seeking to live away from the cramped regions and traffic bottlenecks of the city.
The Beleghata connector of the Bypass connects the region to the nearby Sealdah railway station. EM Bypass is located close to the international and domestic airport through the Ultadanga flyover connecting VIP road to the airport without any major traffic woes. EM Bypass is going to be one of the best residential accommodations in the city of Kolkata in the distant future. The whole area is buzzing with planned growth and up gradation of basic civic infrastructure. The area is undergoing a major expansion under the JnNURM scheme offering eight lane roads with a Bus Rapid Transit System (BRTS).
EM Bypass road is the road is the gateway to the IT hub of the city at Sector V, Salt Lake, and the newly developing planned township of Rajarhat. The region has a large number of swanky malls and hotels including the Mani Square Mall and Metro Cash and Carry retail outlet.
The prominent school Calcutta International School and hospitals like Apollo Glanagles Hospital, Ruby Hospital, Rabindranath Tagore International Institute of Cardiac Sciences are located in the heart of the EM Bypass.
EM Bypass is a fantastic place for residential property with modern amenities and facilites.The property rate in the area ranges between Rs. 4400 to Rs. 9000 per sft and a 2 BHK rental property in these area fetch anywhere between Rs. 7,000 to Rs. 15,000.
Following are some of the popular residential township projects creating a buzz in the realty market in EM Bypass area-Swarnamani by Mani Group, Eternia by Unimark Realty Group and Active acres project by Ruchi Group. With clean pollution free surroundings and smooth traffic offering a sense of comfortable living, EM bypass is surely a front runner in the realty market of Kolkata.
The prices have however experienced an exponential rise in the past few years and may be sluggish in the short term. For a long term prospect, EM Bypass is surely one of the hottest real estate destinations of Kolkata.
