RE/MAX Kolkata-News

With pleasure we share with you our third quarter report:

News

• JLL closes largest-ever land deal in Kolkata (Report TOI 30 Sep 2013) :Leading

international property consultant Jones Lang LaSalle India has announced the successful

closure of the largest land transaction in Kolkata . In this deal, Delhi-based real estate

developers Alchemist Township India Limited have purchased 2 million square feet of

prime residential land from Highland Group at Kolkata Riverside, a satellite township

development encompassing 262 acres being developed on the banks of the Hooghly River.

• South Bypass Ext: Residential properties within Rs 25-40 lakh : In the Kolkata

real estate market, property buyers are willing to go an extra mile to buy property of their

choice within their budget range. In the last one year, a growing demand has been

witnessed for properties worth Rs 25-40 lakh in the south eastern part of Bypass

Extension.

• Premium segment hit but no dip in prices: Big builders are feeling the heat. Many

are offering 5%-7% discounts to recover money stuck in projects. The top end of the

market where apartments cost over Rs 3-5 crore has witnessed a softening.

• WB CM’s seat change to surge realty demand: Most of the real estate players feel

that relocation of the Writers’ Building to the 13-storey HRBC building in Howrah’s

Mandirtala, less than 100 metres from Vidyasagar Setu, from October 1 will increase

traffic movement and floating catchment of the area significantly, causing a demand for

properties in that area.

Do visit our website for viewing the listings:         http://offices.remax.in/realty_solutions You can contact us at: RE/MAX Realty Solutions,   61, Bentinck Street, 1st fl, Kolkata­700069          Or You can Call Us at:   033­40211100              &                   Email at:   j.mehta@remax.in 

 

 

   

Price Barometer– Kolkata

Demand  for commercial property has disappeared while deals are happening  in the  residential  segment.  It  is  a  buyer’s market  and  they  are  getting  plenty  of choices at attractive rates both  from  the promoters and resale properties. Good no. of flats and offices are available on rent as there is a surge in supply. A couple of big brands are in a cash crunch making the buyers a bit cautious. Although this has not  led  to any big  time  serious discount  selling by developers  , as  they are holding onto their prices having confidence in their product. 

Property Rates & Trends of Multistory Apartment for July-September 2013

Location Price range ( Rs./Sq.ft.) Location

Price range ( Rs./Sq.ft.)

Residential: Alipore 12000-13800 Kasba 4200-4500

B.T.Road 3400-3700 Lake Gardens 5100-5700

Ballygunge 11000-15000 Lake Town 4600-5100

Banshdroni 3200-3400 Madurdaha 3500-4100

Barasat 2500-3000 Nayabad 2900-3000

Behala 3500-3700 New Alipore 6500-7500

Belghoria 2500-3000 New Garia Metro Station 3200-4000

Bhawanipur 8000-10000 Park Circus 6700-8300

Dum Dum 3500-4000 Prince Anwar Shah Road 7500-10500

E M Bypass 5300-5700 Rajarhat 3200-3600

Entally 6000-6500 Patuli 3600-3900

Garia 3000-5500 Rash Bihari Avenue 7700-9500

Gariahat 9000-12000 Ruby Hospital 6100-7500

Golf Green 3900-5100 Salt lake 5800-7100

Golpark 6200-7600 Sarat Bose Road 10800-13100

Hazra 8300-9300 Sealdah 6000-8000

Jadavpur 4300-4700 Sodepur 3000-3500

Jessore Road 3500-4300 Tegharia 3400-3800

Joka 2300-2800 Tolly Gunj 4000-6500

Commercial: Behala 8000-9000 Bhawanipur 11000-13000

Tollygunj 8000-9000 Ballygunj 13000-16000

E.M Bypass 8000-9000 New Alipur 10000-12000

Lake Town 10000-12000 Sealdah 10000-12000

VIP 10000-12000 Rajarhat 5000-7000

 

 

   

New Developer Tie ups

1. MANI GROUP:  Mani Group has been into Kolkata real estate development since 1980. Over the last three decades, Mani Group has developed more than 5 million square feet across 50+ properties and is working steadily towards developing more than 11.26 million square feet in and around Kolkata, Durgapur, Jaipur, Siliguri and Bhubaneswar. Mani Group has maintained a very high standard of quality across all developments. This has raised the benchmark of quality in the real estate industry.

2. PS GROUP : PS group is one of the most respected and trusted brands in India’s realty space since 1986,with expressed objective of providing world-class residential and commercial space at value-for-money prices. They stand committed towards their vision of creating value in all their offerings. Story in numbers 2 decades, 4 Cities, 105 Completed projects. 76 Property collaborations, 40 Landmarks properties underway & 4000 apartment buyers.

 

 

   

Value Buy–(Resi)

4  Bhk Apartment Mani Imperial ,CIT Road, Ultadanga 

Comprising of premium apartments available in 4 BHK models which are set up over an area ranging between 2805 and 3038 sq. ft., Mani Imperial at Ultadanga, Kolkata caters to the needs of those who are looking at budget housing or compact living options in Kolkata.  

 4  Bhk Apartment 

Mani Swarnamani EM Bypass, Kolkata Size of Units: 4bhk: 3500 sq ft & 4500 sq ft Swarna Mani promises   luxury living, to deliver the finest of amenities, the best of location and the best of community. It is  luxurious dream home to enjoy a truly relaxed living in the lap of nature, yet in the heart of Kolkata.  Amenities : 

Club House  Gymnasium    Lift    Park / Play Area   Private Terrace / Garden   Recreational Facilities   Reserved Parking   Security Personnel   Swimming Pool   Vaastu Compliant   Visitor Parking   Water Storage  

Rate: Rs 9000‐12100 psft 

 

MLS No. : 504034001-214 to 504034001-216

 

 

 

 

   

  

 

 

 

 

2 & 3  Bhk Apartment Godrej Prakriti,  B. T. Road ,Sodpur 

  

Godrej Luxury residential complex at B. T. Raod spread over more  than 22 acres which are now set to house over 1400+    families along with all  modern amenities. Set up over an area  ranging between 929 to  1359 sq. ft.,   At Godrej Prakriti Kolkata, nature is preserved in all  its glory. The property  is adorned with  trees and  lusch  green  surroundings  along  with beatuifully  conserved  waterbodies,  creating  a picturesque atmosphere. Wide open spaces and tree‐linked  walkways  give  you  the  feeling  of being far away from the hustle and bustle of the city.  Experience  the  beauty  of  nature  in  all  its flory at Godrej Prakriti. 

 Amenities : 

Club House  Gymnasium    Lift    Park / Play Area   Recreational Facilities   Reserved Parking   Security Personnel   Swimming Pool   Vaastu Compliant   Visitor Parking   Water Storage  

Rate: Rs 3350/‐  BSF per sq ft  

MLS No. : 504034001-96 to 504034001-98

 

 

   

Client appreciation -

 3  Bhk Apartment Rajarhat Expressway extension,Rajarhat 

 Modern  life is about stepping up the  ladder and moving  ahead  with  the  times.  At  the  project, wind whistling  through pine  trees and bouquet of  blossom's  wafting  in  the  breeze,  life  is  so complete that you’ll never want to  leave home. A  Pinewood  Block  is  presently  comprising  of  7 towers  is built on  acres of  sprawling  landscape greens on Rajarhat Main Road. Building is under construction.  The  towers  are  located  in  an  exclusive demarcated  residential  zone  with  its  own internal  roads.  Landscaped  greens,  walkways and  play  areas will  provide  shady  retreats  and recreation  amenities  for  all  minds  capes.  The apartments  are  spacious,  cross‐ventilated  and well‐lit,   

Amenities :  AC Community hall / Club House  Gymnasium / Health Club    Swimming Pool  Indoor games room    Yoga and meditation room.  Landscaped green areas  Children’s play Play Area   Recreational Facilities   Reserved Parking   Security Personnel 

Rate: Rs 3700/‐  BSF per sq ft 

 

MLS No. : 504034001-191

 

 

 

 

 

 

 

 

 

   

Client appreciation -

Dear Suresh,

Thanks a Ton for the professional service rendered by you as a property dealer. It was your keen interest and contacts which have made it possible for my Organization PathcareLabs to find a suitable property for our lab at Baguihati. Even after the property was finalized you have put in your effort to help us finalize the MOU with the land lord. I appreciate you professionalism rendered to us which is expected in a service industry. I would love to seek your professional service in my future needs. Animesh Mitra Regional Sales Manager, East  Pathcarelabs Pvt Ltd 

EXPERIENCE WITH RE/MAX

1. I was looking for a residential property. I came across RE/MAX through internet. The company was prompt to suggest, select, visit a particular property. The property was chosen. The team of the Kolkata branch was extremely helpful during price negotiation, preparation of paperwork and final negotiation in the DEAL. The deal was struck within 72 hours only.

2. RE/MAX Kolkata team found to be thoroughly dedicated, professionally sound and fully committed team. I thank the Boss of the team and a special appreciation goes to Shri suresh singh, the team manager who even took personal interest to ensure the success of the deal.

3. Wish the RE/MAX Kolkata branch many more success in years to come.

LT COL GOUR CHANDRA DEY - 9470591182

" I came in contact with REMAX Realty Solutions on replying to an online ad for sale of a residential flat at Sodpur. The purchase is in the process of being completed. Buying a property through a property broker was something I had at one time thought of as totally superfluous. But I soon realised that brokers with presence all over India, are essential especially when there is a gulf of a thousand kilometers separating buyer and seller. I feel brokers will soon play a vital and much bigger role in bridging this gulf, and make the Indian property market fluid so that PAN-India buying and selling of property will become easier thereby unknowingly serving the cause of national integration.. As regards my own experience with Remax, it has till date been a pleasant one. Much of the paperwork and headache has been taken care of by Jaydip and Suresh of Remax, both of whom are well-informed and prompt. I am confident they will make the dreams of many more first-home buyers come true."

Mr. Unni Krishnan - 947730229