Investment in Rajarhat

Q: Hi there :

Currently I am looking to invest in Kolkata, India around the Rajarhat/New town area. Wondeing considering the current scenario, is it a good idea?

As I live outside India, it would be great if I can get some advice. Specially hows the area between Rajarhat Chowmatha/Rajarhat expressway?

Any advice would be helpful. Some ppl told me that there are numerous problems to invest in Kolkata, specially political turmoil and illegal land acquisition. Pls throw some light on this.

Cheers!

dreamzunlimited, Kolkata

7th January 2013

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Replies (8)

Hi Chandranohan, I read somewhere that Rajarhat is a planned township and is further divided into three areas namely Action Area I which comprises of malls, residential and commercial spaces too followed by Action Area II serving as the main central business district (CBD) comprising of institutional plots, IT Business Parks, plots and apartment complexes and lastly Action Area - III mainly consisting of high-rise residential complexes and mini sub-townships.

bipin chandra, Kolkata

19th June 2015

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Gud morning Bipin, I agree with you!! Rajarhat and the neighbouring New Town Action areas seem to be positive and bright.Considering the present rate of development in the residential housing sector, investment in the locality definitely seems profitable.

chandramohan das, Kolkata

19th June 2015

Hi All, Is new supply in outskirts hits Rajarhat and its neighbourhood real estate market?

debabrata sarkar, Kolkata

19th June 2015

Comment

Hello Sarkar, Rajarhat a neighborhood locality to Kolkata city, is known to be a fast growing and well-planned area. Being so close to Kolkata, Rajarhat has a developed social and physical infrastructure. The city offers everyday necessities making it an ideal place to live.The satellite city is highly preferred in real estate these days.

chandramohan das, Kolkata

19th June 2015

Hi al..Can anybody tell me about the e status of 6 lane expressway to the Abasan project..??

Promit Dutta, Kolkata

25th March 2013

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Hello ..i think there are flats available in Ideal Abasan..the per sq ft price is around Rs 2550. The project is known to be approved by SBI bank.Both builder and promoters are well known in Kolkata.

Subhajit Rao, Kolkata

25th March 2013

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Hi there :

Yes these r 2 residential projects in Rajarhat. Is it possible to get some more feedback around these ones and the location?

The website for Mounthill Essence is : http://mounthillessence.com/default.aspx

The website for Ideal Abasan is : http://www.ideal.in/IdealAbasan/index.html

Thanks and regards

dreamzunlimited, Kolkata

20th January 2013

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Hi ..are these two residential projects in Rajarghat..??

Biswanath Mukherjee, Kolkata

8th January 2013

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Thanks Anil for your prompt reply. I am actually from Kolkata but it been long I am outside. Also what do you think about the area you mentioned?

How do these development look like : Mounthill Essence and Ideal Abasan

dreamzunlimited, Kolkata

7th January 2013

Comment

Hi..i will not deny the issues of faulty land acquisition in Kolkata..but yes the market has also gained momentum. Many residential projects are being launched in Kolkata specially in EM Bypass and Rajarhat and it is expected that real estate market will show good growth in 2013.

Anil Choudhary, Kolkata

7th January 2013

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