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Kolkata being a historic city with an academically strong and economically secured context tends to make it one of the leading cities in the field of real estate. All the same, be it property for a company’s use, or an investment property, there is a variety in Kolkata’s market to meet each need. Currently, the city hosts small office spaces to large commercial buildings demonstrating the market has a lot to offer. In this guide about commercial properties for sale in Kolkata, you will find details about the kinds of properties available based on the price range selected by the investor.
For the seekers possessing small budgets, the market for Kolkata commercial properties less than 50 lakh is full of promise. This category comprises small offices and showrooms and other commercial establishments in emerging markets of Rajarhat, Jadavpur, Behala and other such areas. These regions have been experiencing growth and this makes them good markets for new businesses that like start-ups. These little pieces of land give a breakthrough to investors in accessing the real estate market in the city. For those, who plan to start own business or launch the small-scale enterprises, the properties at this price level may possess the high visibility with the good accessibility. Rajarhat and Behala for instance are just developing into major commercial zones because of the population densities around them, and most importantly, access to roads.
Generally investors in this category may opt for property with growth characteristics. One of such areas is an office or commercial building since such places are often required as infrastructure grows and advances in these areas For this reason, investments in such properties are ideal for both capital gains and fixed income, in form of rents.
The properties that cost below 1 crore are ideal for those interested in mid-sized market commercial properties. This segment embrace large office spaces, shops and showrooms and even some multi- commercial units in organised commercial areas of Calcutta namely Gariahat, Kasba and Tollygunge. They are characterised by high levels of commerce and business and are easily accessible from the other parts of the city. Spaces which cost below one crore are usually good for business persons who wish to locate their business near a larger public or people who want to place their business close to their workforce and their clients. Owing to the increased trading density in Gariahat and Kasba, they have become important for commercial purposes , ranging from showrooms to offices of business corporations.
Consumers in these areas can be relied upon to be in the market for properties, which should give some comfort to investors. Stable rental profits along with a growing sophistication indicate that all these commercial areas are perfect for generating stable incomes. Because the need for office space as well as more retail outlets in these locations is still on the rise, investors always get the chance to ride the wave of the city’s growth.
While some people may relatively cost a high amount of money more options can be available they are small commercial properties of less than Rs. 2 crore in Kolkata which may include better options many times in terms of office spaces some premium retail spaces and some really good commercial units in some strategic locations. Luxury zones like Park Street, Ballygunge, and New Alipore are markett for high demand area for premium investment.
These locations are considered optimal for the generation of commercial activity with many companies ranging from retail, hospitality, IT among others. For instance, Park Street is one of the city’s central business districts with various offices, sale outlets, showrooms, etc. It is highly appropriate for enterprises that plan to target the high-end or corporate clients.
Purchasing commercial properties in these premium sites does not only guarantee high yields, but also a handsome capital appreciation. These areas are very ripe for development therefore any business which seeks to expand in an already busy area will find a property in this category suitable.
Those who are focusing on micro, small and medium commercial property investment for handsome return the under 5 crore property market of Kolkata has luxurious possibilities. These premium properties comprising of large office buildings, showrooms and strategic commercial spaces located in Kolkata’s prime real estate areas like Camac Street, Salt Lake and Alipore.
Camac Street is known for its business like environment and has always been home to big organizations as well as luxury brands. Same way, some of the regions such as Salt Lake Sector V which is an Information Technology area/zone and Alipore which consists posh residential cum commercial areas are ideal places for core investments. As it will be elucidated, these areas attracts multinational firms and luxury products, making it strategic for tycoons.
There is great potential for attractive and high investment returns in this segment. In addition these areas provide much higher rent yields because of their strategic positions and could also provide spectacular capital growth in the long run. The facilities available in these regions are gradually being developed, enhancing the future development prospects of such assets.
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