Observing The Development Of Real Estate World Of Garia – Barsha Mishra , Commonfloor.com

Kolkata, August 27, 2014 – 

The area of Garia is located beside an obsolete water body known as Adi Ganges. This area is such which was once unthinkable as a part of the real estate world. Investing in the properties in this area was not an option. However, with time this place started showing an incredible amount of development. This place is such which is seeing the new kind of property construction and also the accumulation of a lot of younger population. Once a swamp, this place is now one of the most posh neighborhoods in the city of Kolkata. It has everything that a modern urban resident can think of having.

The effect of Metro on the area

The aspect of development of this place started when Kolkata Metro was extended to this area. There are about three metro stations which can easily be accessed by the residents. The stations are located at a close distance from each other. In the 

previous times, only some of the low budget homes were constructed in this area and that also by the local builders. However, with the establishment of the Metro Line the renowned builders from the state and the country started showing their interest in this area. Thus, some of the finest constructions were made in this area. The emergence of Metro has changed whole scenario of Garia.

The types of properties

There are different types of properties that can be seen in this area. The kinds of constructions are that of bungalows, villas, luxury homes and apartments. Among the lot, the apartments are the one which are the immensely popular. This is because the apartments also present the residents with other services besides a good constructed flat. Some of the most common services are that of lifts, park, and water backup, backup for power, 24 hours security and grocery stores.
The apartments are one of the best choices to live a comfortable urban life in an affordable way. There are mainly three kinds of apartments available, and they are 1 bhk, 2 bhk and 3 bhk apartments in Garia. Besides, in some of the complexes the studio apartments can also be found. On special request, the builders can present you with custom made apartments. 

Prevailing property values

This area is seeing stability in the price for some time. However, this stability is going to be disturbed with the rise in price of properties in this area, and it is in accordance with the opinion of the real estate experts. The present value is that of 3,700 INR per Sq Ft in average. This price will see a huge rise. This is the perfect time for the end users and the investors to get hold of a property. Also, the best part is that the rental returns of the properties in this area are very proper. Thus, the investors can also get good profit until they decide to sell the property with a good ROI.

The aspect of civic issues

In some of the areas, there is a problem of the traffic jam in the rush hours. However, during other time the flow of the traffic is normal. CCI Newswire