Real estate development in Kona Expressway, Kolkata

Q: Real estate in the city is mainly driven by the IT/ITeS sector. Other sectors such as transport corridor, trade, commerce and manufacturing are other employment generation options that are leading to real estate development.

Kunal,

5th January 2015

Real estate News in Kolkata

kona expressway

real estate development in kolkata

real estate developments in kona expressway

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Besides residential projects, Unitech is also setting up Kolkata International Logistics City adjacent to The Gateway and a state-of-the-art convention centre-cum-hotel. Srijanprojects plans to invest nearly 1000 crore to develop an IT SEZ on 50 acres of land to help transform the area and convert it into a major SEZ and IT node.

Harmeet Kaur,

5th January 2015

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The area has witnessed 12 15% appreciation in the last 1 year after the launch of Kolkata West International City, a self-contained city having all the amenities from housing to hospitals, Schools, Shopping complex etc. Moreover, several other projects have also been launched in the locality.

Kaushik Bardia,

5th January 2015

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It also hepls to helps to connect easily with the CBD areas including localities such as Alipore, Parkstreet, Dalhousie and Elgin Road. The Netaji Subhash Chandra Bose International Airport can be reached within 30 minutes while the Santragachi Railway station, one of the important railway stations in Eastern India, is also close by. Schools such as DPS, Kalyani Public, Julien Day Schools are in close vicinity. Avani Group recently launched a big project on 7.5 acres at the junction of Kona Expressway.

Harmeet Kaur,

5th January 2015

Comment

While state agency Howrah Improvement Trust (HIT) is setting up housing and retail centres on 750 acres of land along NH 6, off Kona Expressway, most of the other developments are by private developers. The biggest of these is the Kolkata West International City (KWIC) which incorporates a township and retail centres over 400 acres.

Kaushik Bardia,

5th January 2015

Comment

The expressway near Dankuni is likely to witness industrial/commercial development which, in turn, will lead to real estate development in the area. For nearly four decades, realty growth in Kolkata was largely seen towards the eastern side comprising of E.M. Bypass, Salt Lake, Rajarhat, amongst others. In the last 5 years, Western part has also created a landscape that is in the league of its own which includes a 10 Km high-speed corridor, modern high-rises, exquisite bungalows, swanky car showrooms and logistics hub.

Harmeet Kaur,

5th January 2015

Comment

The major towns are either developed or they are in the developing stage. The major towns include Kona, Santragachi, Alipore, Majerhat, Behala, Thakurpukur, Joka, Pailan, Diamond Harbour, Kulpi, Kakdwip, Namkhana, Bakkhali. Localities that are good residential areas include Alipore and Behala while institutional places such as Joka and Pailan house several international schools and IIMC as well. Localities such as Diamond Harbour and Bakkhali have good tourist spot and attraction centers.

Kaushik Bardia,

5th January 2015

Comment

Kona Expressway runs mainly within the state of West Bengal. Stretched over approximately 135 km, the Northern terminal is in Kona district in Howrah and the Southern terminal is in Bakkhali in South 24 Parganas district. It connects the cities of Howrah, Kolkata, Diamond Harbour, Kulpi and Bakkhali with NH 2 and NH 6. A total of 1 lakh heavy and light vehicles run daily along the Kona Expressway. Since this road connects Kolkata and Howrah through Vidyasagar Setu, it has led to congestion on this road. The Expressway is managed by KMDA and the PWD.

Harmeet Kaur,

5th January 2015

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