Why Are Investors Choosing Flats in South Kolkata Over North and East?

   

Property investment in Kolkata has been a rewarding experience for investors because they have enjoyed decent property appreciation rates and high ROIs over the past decades. With the recent urban infrastructure development and connectivity improvements in Kolkata, property investments are likely to be even more profitable in the coming years. Kolkata-based property investors have consistently shown an inclination towards flats in South Kolkata.

Even now, flats located in South Kolkata are pricier than flats in North or East Kolkata. Despite this, South-Kolkata-based flats are significantly high in demand compared to flats in other portions. This blog is going to dissect the key reasons behind this.

Futuristic Infrastructure And Great Connectivity

Flats in South Kolkata have always had and will have an edge over flats in North or East Kolkata because of the constantly evolving infrastructure in South Kolkata. If you compare the civic amenities of South Kolkata with other portions of the city, the difference will become evident. That’s the primary reason for property investors to prefer flats located in South Kolkata.

As you roam across North Kolkata, narrow lanes, prolonged traffic congestion, and older civic amenities may annoy you to a certain extent. Also, most localities in North and East Kolkata are way behind South Kolkata in terms of clean ambience and visual appeal. Be it road connectivity, easy transportation access, or metro connectivity, South Kolkata will always be a step ahead of North or East Kolkata.

That’s why the flats and apartments in South Kolkata are priced highly, and their resale values are also decent. Even if you don’t want to resell your flat, you can just rent it out and earn impressive rentals from tenants every month.

Steady Appreciation Rate 

Flats in South Kolkata have always been revered for their steady and reliable appreciation rates. As you check the records, you’ll find that most apartments in South Kolkata have shown steady increments in their values over decades. When you purchase a flat in South Kolkata, you don’t need to speculate on your ROI after a few years, as the appreciation rates of these flats rarely fluctuate. Even if they do, the changes are minimal.

Flats in South Kolkata

On the contrary, the ROIs of flats in North or East Kolkata are not that dependable. That’s because these flats are not always in high demand. So, speculation plays an important part here to yield great returns. You may have to keep track of the changes in your flat’s value consistently if you’re planning to invest in a flat in North or East Kolkata.

Easy Access To Everything

From top-notch educational and healthcare facilities to stunning lifestyle and entertainment hotspots, everything is easily accessible in South Kolkata. You won’t have to travel miles to access these facilities. The most attractive shopping malls, like South City Mall and Lake Mall, are the hearts of South Kolkata.

Apart from that, numerous multispeciality hospitals and international schools, and educational institutes are accessible within half an hour from most localities in South Kolkata. This convenience makes flats in South Kolkata more worthwhile investments for property investors.

By the time North or East Kolkata matches the convenience and facilities South Kolkata offers today, South Kolkata will reach the next level, infrastructure and amenities-wise. So, flats and apartments in South Kolkata are better choices for investors.

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