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What is teh scope of growth for DLF New Town Heights in Kolkata?

Q: What is teh current price per sq ft currently? Will there be any decent appreciation in property prices in DLF heights soon?
Replies (2)
1
Hi everybody,
How is the locality of Rajarhat New Town, Kolkata? Is the basic daily needs are in the near to project sites. kindly explain a few advantages of the locality.
Diptarishi dev


Hello Diptarishi,
Rajarhat is a fast-growing planned satellite city located near Kolkata in the North 24 Parganas district of West Bengal. Rajarhat is not just a residential town but also a commercial space. The real estate in this locality is booming, many buyers are encouraged to buy a flat here. Rajarhat enjoys good road connectivity with Eastern Metropolitan Bypass and Belghoria Expressway connecting it to southern and northern parts of the city. Proximity to the airport, access to major business hubs and a green locality is increasing the demand for residential property.
Rajarhat has major hospitals, malls, parks, clubs, 5-star hotels, etc. Proximity to DPS Megacity School and DPS Newtown School. Proximity to Tata Hospital, Axis Mall, Hometown, City Center 2 and renowned Hotels and 480 Acres Eco Tourism park within 2kms of radius.
Kaustav Paul,  Kolkata
14th March 2014


Thanks for the information Kaustav,
If i buy a property in resale value, how soon i get its possession? Is there any issue associated with the developer or the development authority? Can you tell me under which municipal corporation this project comes? How much i have to pay at the time of possession?
Diptarishi dev,  Kolkata
14th March 2014


Well Diptarishi,
As It is 10 yrs back project so you will get instant possession of the property once you cleared paper work or the amount.
No, the project has got all the approval by KMDA and HIDCO so, you have to clear the payment before possession.
Kaustav Paul,  Kolkata
14th March 2014


2
DLF New Town Height is 10 yrs. back property at Rajarhat New Town in Kolkata. So only resale property is available for sale in 2/3BHK from 1250-2016 sq.ft @ Rs.4800/sq.ft but there is a negotiations in this rate. The current property rates in Rajarhat New Town is approximately 4200-4500/sq.ft depends on area.

Long term investment can get good appreciation in next 3-5 yrs. The price appreciation is performing better since 2011.
Kaustav Paul


Hi,
To get best property according to your requirements you can follow this link Property in Rajarhat New Town Kolkata
Promit Dutta,  Kolkata
14th March 2014


3

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