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It is true that Kolkata real estate market is an end user driven market but there are two aspects of note. Firstly demand for affordable housing has increased because of the large quantum of population but with influx of multinationals and IT industry flourishing in the state, professionals have migrated offering boost of the overall realty sentiment. While some areas have witnessed more interest than the congested north Kolkata and other areas. The good news is that there is no oversupply so correction in prices is not foreseen. However consider the positive spike to be conservative between 8 to 10% on year.

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Shriram Properties, real estate developers and builders, is committed to providing quality and affordable housing and commercial properties in Bangalore, Chennai, Vizag and Kolkata.With an excellent track record of completing major projects in Tier 1 & Tier 2 cities.Shriram Properties has completed 4.8 million sq. ft. of residential space and 1.03 million sq. ft. of commercial space, in addition to 60 million sq. ft. of built-up area currently under various stages of development across Bangalore,Chennai, Coimbatore, Vizag and Kolkata.

Godrej Prakriti is a good investment opportunity from a reputed builder. Built by Happy Highrises, a subsidiary of Godrej Properties, it is located in B T Road, Sodepur. The project has attracted a very good response even though the location is not Newtown but Sodepur.

Rajarhat, also known as New Town of Jyoti Basu Nagar is one of the most significant real estate destinations in Kolkata today. Aimed to be developed as an IT hub, the region is witnessing immense growth with a number of construction projects currently underway. Because of its new development, Rajarhat is going to boost of modern amenities and state of the art civic infrastructure and facilities. The current price trends in Rajarhat range between Rs 2500 to Rs 5500 per square feet depending on the project and its size and location. Most well renowned builders like Unitech, DLF and Tat housing are active in the region.