Based on the chosen locality the investment in residential properties can breed gold. The area has to meet certain strictures such as- good social infrastructure, accessibility of adequate public transport and satisfactory economic t bustle to carry on progress and intensification. All these factors have equal importance to invest in a NA-certified land approved for residential development.
For lower investment risk residential property investment in Tier 1 and Tier 2 cities should be restricted. It’s wise to invest in properties where price tag falls between 2500-5000/ sq ft., this particular range of properties serves drawback protection against capital value attrition. Simply put, cost of construction and minimum cost of land makes the price division safer and almost guarantees capital approval. Now for low cost of living in east India Kolkata comes on the top of the list having greater potential of future residential real estate investment. The City of Joy is considered as best capital value depending on the demand and supply dynamics of the micro market, the excellence of development, calculated value of the location and timely conclusion of projects among the other metros in the country.
The class of construction has an important value through out. A slow down market often answers poor design and construction quality.
Leasehold titles issued by Govt. must be thought through.
The developer’s agreement for all the finances for end of the project should be verified.
The investor must understand the sale agreement thoroughly.
The integrity and previous track record of the developer needs to be researched.
Size matters a lot. All the size and dimension of the plot and property should be clearly understood from the starting level. Small plots might cost less but often they show reluctance to resell.
The time of transference of land and asset delivery must be overtly clear.
Market experts have predicted great real estate development potential in Kolkata.Flats near BT college Jessore Road are one of the outstanding luxury ranges of green housing properties that have redefined residential revolution of Kolkata.
For lower investment risk residential property investment in Tier 1 and Tier 2 cities should be restricted. It’s wise to invest in properties where price tag falls between 2500-5000/ sq ft., this particular range of properties serves drawback protection against capital value attrition. Simply put, cost of construction and minimum cost of land makes the price division safer and almost guarantees capital approval. Now for low cost of living in east India Kolkata comes on the top of the list having greater potential of future residential real estate investment. The City of Joy is considered as best capital value depending on the demand and supply dynamics of the micro market, the excellence of development, calculated value of the location and timely conclusion of projects among the other metros in the country.
There are few tips before investment-
The property cycle needs to be understood as to recognize the best entry point.The class of construction has an important value through out. A slow down market often answers poor design and construction quality.
Leasehold titles issued by Govt. must be thought through.
The developer’s agreement for all the finances for end of the project should be verified.
The investor must understand the sale agreement thoroughly.
The integrity and previous track record of the developer needs to be researched.
Size matters a lot. All the size and dimension of the plot and property should be clearly understood from the starting level. Small plots might cost less but often they show reluctance to resell.
The time of transference of land and asset delivery must be overtly clear.
Market experts have predicted great real estate development potential in Kolkata.Flats near BT college Jessore Road are one of the outstanding luxury ranges of green housing properties that have redefined residential revolution of Kolkata.
