In Kolkata, the impact of covid-19 on the real estate sector has been widespread. The pandemic has had a significant impact on Kolkata's real estate market, bringing it to a halt for a short period of time. However, with time and as the covid-19 case dropped, the real estate market experienced a resurgence, with a steady flow of major investments, a resurgence in job opportunities, and a revival in infrastructure development. In the present scenario, if you are considering investing in the Kolkata real estate market, you will do well because the city's real estate market is stable, providing you with a desirable investment option.
Real estate in Kolkata post covid-19
According to a report in the Economic Times, property prices in Kolkata are expected to rise by at least 10% in the coming quarters supported by a hike in the price of raw materials. The real estate market in Kolkata is the largest in Eastern India. Several residential projects have been launched across the city post covid 19, adding to the list of reasons why Kolkata should be your first choice.
Price trends post covid-19
Property prices play a big role in determining whether or not Kolkata properties are worth investing in after the pandemic. The prices of residential properties in Kolkata have been updated as of covid-19, making homebuying a viable option for people of all income groups. 2 and 3 BHK apartments with prices ranging from Rs 30 lakhs to Rs 50 lakhs are now available if you invest in properties here.
Connectivity, a boon to realty
Whether covid-19 or not, Kolkata real estate will always be in demand due to the city's excellent transportation connectivity. When you buy a home in Kolkata, you get excellent access to all of the city's major areas. Kolkata will always welcome homebuyers to the place to invest, with the connectivity provided by Netaji Subhas Chandra Bose International Airport, Kolkata railway station, Kolkata Metro, and the famous yellow taxis.
Elita Garden Vista Phase 2, Kolkata
Elita Garden Vista Phase 2 is a lavish residential project in New Town, Kolkata, to invest in if you are considering real estate investment. As a resident of the beautiful township, you get lavish homes where you have private time with your family. With a plethora of features, the township comes as a fine investment option in Kolkata.2 and 3 BHK apartments are available at prices ranging between Rs 51 lakhs to Rs1.04crores. With a well-developed transport system, the property gives you amazing travel benefits. If you buy your desired living space here, you can be a part of a property where you get to enjoy all the good things of life with your precious ones.