Rajarhat-New Town is Kolkata’s future
Kolkata has seen a booming growth in the eastern fringes of the city with Rajarhat, also known as New Town, as one of the significant real estate destinations in the metropolis today. The eastern micro market of Kolkata is the epitome of systematic, planned and focused residential and commercial real estate development. With the backing of state of the art civic infrastructure like wide roads and flyovers, the Township has been on the radar of developers and buyers alike. Aimed to be developed as an IT hub, the region is undergoing immense growth with a number of construction projects currently underway. The forthcoming IT parks shall attract a lot of working professionals and renting out of apartments is going to be an equally lucrative option. Dubbed as ‘super city’, New Town will have e-health clinics, intelligent power-saving LED streetlights with panic buttons, multi-nodal transport hub, cycling tracks, new amusement hubs, solar panels, water treatment plants, ensuring a good quality of life. The technology-enabled residential hub’s master plan has a township that is bigger than planned Salt Lake City. Also, The New Town has a 10.5 km of Wi-Fi Zone connecting the Main Arterial Road to the airport on one stretch and to Sector V on the other. This also makes it India's first Wi-Fi road connectivity. The stretch has been declared as a green corridor. Many professionals have started here as the township also houses IT majors such as TCS and Wipro. Kolkata New Town also has renowned schools, which is another plus point for buyers. With a range of serious buyers ready to put their money into real estate, many developers are coming up in the area, providing luxury housing experience. One of them is Tata Housing, which has done a thorough study about the demand and consumer aspiration. Affordability is redefining the realty market of Kolkata. Rajarhat-New Town is rapidly growing as a satellite city.
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