Total Projects: 4
East Kolkata is an elite residential area located in eastern part of Kolkata. It is a planned satellite city and the IT Hub of Kolkata. Some popular localities of East Kolkata are Bow Bazaar, Kankurgachi, Beliaghata, Lake Town, Jorabagan, Salt Lake City, Sealdah, Tangra and Ultadanga. The area is being developed with many upcoming projects. In the meantime luxury projects East Kolkata are already attaining popularity as the projects have humongous amenities and the finest infrastructures.
As a result of an advanced transport network and availability of all amenities and facilities in hand; real estate in East Kolkata has witnessed good improvement in the last few years. Some of the eminent builders who have launched new luxury residential projects in East Kolkata are Ambuja Neotia Group, Unimark Springfield, PS Srijan Realventure LLP and others. Unit sizes of apartments in the area range between 1095 sq. ft. and 5324 sq. ft. The average apartment price in the locality is Rs. 7627 per sq. ft. with the minimum and maximum prices being Rs. 3550 per sq. ft. and Rs. 11428 per sq. ft., respectively. These numbers sometimes vary according to places and the luxury projects in East Kolkata might see a rise in the price in the near future because of different valid reasons, especially because of location advantage.
The locality houses many good educational institutions. These include Salt Lake School, Bidhannagar Municipal School, Lady Queen of the Missions School, Brainware College of Professional Studies, Indian Institute of Foreign Trade, Saha Institute of Nuclear Physics, S N Bose National Centre for Basic Sciences, All India Institute of Hygiene and Public Health, National University of Juridical Sciences and National Institute of Fashion Technology. Hence the East Kolkata luxury projects like Ideal Greens, Mounthill the Pyramid, Ruchi Active Acres etc. enjoy all these advantages along with all other features that the builders provide within the apartments. Existence and emergence of good social infrastructure like colleges, schools and hospitals has contributed to the growth of the residential real estate property in East Kolkata.