One of the most populous Indian cities, Kolkata, provides a range of good options to property buyers. Speaking about the affordability factor, Kolkata separates itself from the other metropolitan cities in the country. When considering 2 BHK apartments in Kolkata, the city has a lot to offer you at varied price ranges.

Price of apartments in Kolkata

Those looking for 2 BHK apartments for sale in Kolkata can find a number of options. If you are looking for two room apartments for Rs. 10 lakh or below you can consider locations, such as Barasat, MadhyamGram, Dum Dum Cantt, Kestopur, Pailan and Sonarpur. If a little over 10 lakh, say Rs. 10-15 lakh is your budget, then you can visit Garia, Nager Bazar, Baguiati, and Narederpur.  Similarly priced flats can also be found at Durgapur, Rajarhat, Barujpur and Prince Anwar Shah Road.

Ideal 2 bedroom apartments in the range of Rs. 20-30 lakh can be availed at EM Bypass, Behala, Lake Town, Madhurdala, Kamalgazi and Tolly Metro. Other localities to buy a 2 BHK flat in this price range are Barrackpore, Birati, New Town and Tollygunje.

There are several real estate properties in prominent areas of Kolkata such as Tangra and Diamond Harbour Road where a 2 BHK apartment crosses the 50-60 lakh price range due to high-end amenities.

When looking for a flat in Kolkata, location and surrounding of the flat is important thing to consider. Make sure the locality is close to your workplace and it offers all the facilities and amenities required by you and your family. Most significantly, ensure the cost fits your budget well.

Another important factor to consider when buying an apartment is the choice of the floor you would reside on. The ground floor has its own pros and cons. While it may seem a little insecure, being on the ground floor keeps your rooms cool in the summer. Similarly, when you opt for the top floor, you have the benefit of having your rooms well ventilated and airy. Middle floors are ideal as they have good ventilation as well as are secure. When you choose a flat in the lower floors, transporting of goods becomes easy and even if the lift doesn’t work, you need not worry about taking the stairs.

Hence, there are so many factors to consider before buying an apartment in a metropolitan city like Kolkata. Do good research and strike the best deal. 

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Buying a property in any part of the world is probably one of the biggest investments for any ordinary man. It is obvious for buyers to undertake detailed research and planning before they can commit themselves into a long-term investment. For investing in 4 BHK flats in Delhi, getting a good deal is not really an issue. Delhi and NCR has been the most promising investment sector for real estate over the past one decade, and this trend is likely to rise. If you take a look at the property prices, there have been lots of ups and downs in the Delhi real estate market. However, after the property boom, we have been witnessing sluggish trend for the past few months in realty sector overall.

Falling Property Prices in NCR and Delhi Suburbs

Before investing, it is important to know why some property prices have fallen over the past few years. Well, a combination of high inflation, higher interest rates and sluggish economic development has been stated as obvious reasons. However, developers are also saddled with debt as well as inventory levels, which forced them to cut prices.

In few areas of Delhi, prices have dropped significantly, but in some of the suburbs like Mayur Vihar and Dwarka, buyers are still offered flats at higher rates. However, as you shift towards NCR cities, cost of the same property drops depending on the location and stage of construction.

If you are really keen to invest in 4 BHK flats for sale in Delhi, you should consider the suburbs where you can find some really good flats at a relatively cheaper price. After all, when you are making the biggest investment of your lifetime, a little bit of cost cutting is certainly going to help you. Market research is the key. It is advisable to check property listings.

With the price of property falling low, there is a likelihood of growth revival, which will surely bring in more buyers to the market. In addition, EMIs are also likely to come down. Overall, prospects are better.  

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