One thing that has always scared potential home owners stiff is the
matter of affordability. If this has been your Achilles' heel, there is
good news for you. There have been changes in matters of land ownership
and acquisition in Kolkata that has seen an eruption of a number of
affordable real estate Kolkata
projects which is good news to every potential home owner. This
especially goes hand in hand with the development of southern Kolkata
with the government planning great infrastructural developments so as to
open up the city further south.
There has been for along time a demand for affordable housing within the range of many workers and property developers have come up to fill in the gap, thanks to the affordability of land and the availability of commuting facilities to all parts of the suburban regions. For many years in the past there was a great disparity between the demand and supply in this particular segment but not any more; the supply-demand mismatch is now a thing of the past and as a result, both property developers and buyers have something to smile about. This is the reason real estate agents are now experienced increased closures which means more business for them.
Property developers are currently targeting the suburbs as a result of the availability of affordable land. The area has been earmarked for a number of infrastructural projects and as result, there are many job opportunities for middle income workers to join the up coming IT Hub in Kolkata. There are also many government employees and small business owners who are ready to grab any housing projects that are coming up. Most people are willing to compromise having a home in these areas because they don't mind travelling a small distance as long as they have a home they can call their own. The market that has lied low for some time now is picking up with many of the new properties hitting the market. This means that for anyone who has always wanted to own apartments in Kolkata, this is the time.
There has been for along time a demand for affordable housing within the range of many workers and property developers have come up to fill in the gap, thanks to the affordability of land and the availability of commuting facilities to all parts of the suburban regions. For many years in the past there was a great disparity between the demand and supply in this particular segment but not any more; the supply-demand mismatch is now a thing of the past and as a result, both property developers and buyers have something to smile about. This is the reason real estate agents are now experienced increased closures which means more business for them.
Property developers are currently targeting the suburbs as a result of the availability of affordable land. The area has been earmarked for a number of infrastructural projects and as result, there are many job opportunities for middle income workers to join the up coming IT Hub in Kolkata. There are also many government employees and small business owners who are ready to grab any housing projects that are coming up. Most people are willing to compromise having a home in these areas because they don't mind travelling a small distance as long as they have a home they can call their own. The market that has lied low for some time now is picking up with many of the new properties hitting the market. This means that for anyone who has always wanted to own apartments in Kolkata, this is the time.
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