buy flats in Rajarhat Archives

Buy flats in Newtown Rajarhat -which Place is better to buy flats

Buy flats in Newtown Rajarhat, Rajarhat & New Town both places are neighbourhoods of Kolkata. Rajarhat is a growing IT hub of Kolkata as well? This part of Kolkata is full of amenities for life & as this area is full of companies, the demand for residential buildings is increasing significantly. However, many times people get confused about these two areas and which will be best in terms of buying a property. So, today in this blog I will discuss different facilities in both areas which will help you to make the decision.

1. What are the compare & comparisons between buy flats in Newtown Rajarhat?

Well, most of us believe that both of these areas are the same. Well, these two areas are adjacent and growing together. However, they are different and here is the reason-

A. New Town:

Buy flats in New Town is the neighbourhood of Kolkata. It is the new commercial hub of Kolkata and currency the face of Kolkata as well. The New Town area is divided into 3 parts and the three parts are Action Areas 1, 2 & 3. Action Area 1 consists of Malls, Sub-CBD, Commercial Plots and Planned Residential plots. Action Area 2 will be the main CBD(Central Business District) area and Institutions, Business Parks will also be in this area. There are some big and luxurious residential complexes also present in this area. Action Area 3 is mainly for high-rise residential complexes and mini townships. This area is under development by WBHIDCO.

Basically, the whole area was Rajarhat and the government made some acquisitions & developed New Town. New Town is the home of IT giants such as TCS, Wipro, Cognizant & some Real Estate giants such as DLF, Unitech, TATA Group, Shapoorji-Pallonji, Ambuja Realty etc. well, New Town is not only the home of ITR giants but also have famous hospitals such as TATA Medical Centre. At the same time, Eco Park, Rabindra Tirtha, Nazrul Tirtha & Mothers Wax Museum as well. Rabindra Tirtha & Nazrul Tirtha has been made in memory of Rabindranath Tagore & Kazi Nazrul Islam which is justifying the cultural background of the city. Although New Town has excellent roads and is well connected with every part of the city, however, the upcoming Garia to Dum Dum metro project will increase the convenience.

B. Rajarhat:

Buy flats in Rajarhat is also the neighbourhood of Kolkata? Most of the part of Rajarhat has been taken by the government in the name of New Town for development and the rest of the part is known as Rajarhat. In a nutshell, the whole area is Rajarhat & in Rajarhat a small area is New Town which is under government acquisition. However, Rajarhat is free from government acquisition. Rajarhat already has two major State Highways and one of them is NH34. NH34 is connecting Kolkata to Odisha, Kolkata to Siliguri, Kolkata to Surat & Asansol to Balasore and NH34 is connecting all of these cities keeping the New Town in between.

1.1 What are the differences between Buy flats in Newtown Rajarhat?

So, basically, Buy flats in Newtown Rajarhat is the whole area in which New Town is a specific area. Buying a property in these two areas is almost the same and these two areas can be named together.

2. Why should you buy a flat in Rajarhat or Newtown?

A. Affordability:

Rajarhat is one of the most affordable places in Kolkata? Rajarhat is the place where you can get a premium property at the most reasonable price? Well, in Rajarhat you can get a premium property under 50 lakhs while in New Town you will get a luxurious property with all the amenities of life from 23 lakhs onwards. Surprised, right? Realtech Nirman Group has various properties such as Rajokiya, Rajmahal or Rajvansh in the New Town area and you can get a 2 or 3 BHK property here from 23 lakhs onwards. So,m it can be stated that both of the areas are affordable, however, New Town is more affordable as it has some great projects by Realtech Nirman.

B. Amenities:

As mentioned before that Rajarhat & New Town both of areas are well connected by roads and public transport. The upcoming Garia To Dum Dum metro project will add some more comfort as well.

All the apartments of Rajarhat & New Town have all the amenities for life. For example, New Town has some famous projects by Realtech Nirman such as Rajvansh, Rajmahal or Rajokiya. All of these projects have all the amenities such as a swimming pool, gym, garden area, parking space, 24*7 power supply etc and all of these come under the most affordable price range. However, in terms of other facilities New Town is far ahead of Rajarhat. New Town has some famous IT giants such as TCS, Wipro, Cognizant & some Real Estate giants such as DLF, Unitech, TATA Group, Shapoorji-Pallonji, Ambuja Realty etc. So if you are working in one of them and want a home near to the office to reduce the side hustles of life, New Town is your area.

C. Infrastructure makes a huge difference:

As I have mentioned before, the New Town area is managed by the government and it is a planned city. It is developed under the detailed directive of the National Institute of Smart Governance (NISG) and maintained by the new town Kolkata development authority. New Town has some amazing facilities such as underground solid waste management systems, drone surveillance systems, and sensor-based street light conservation modules and these are features which are keeping it ahead of Rajarhat. So, if you are looking for a planned life, go for New Town.

D. Make this investment for the future:

As I have stated before, the New Town area is full of IT & Real Estate giants, so many employees come from outside of Bengal to work here. At the same time, New Town has some renowned universities such as Amity, Aliah etc and a large number of students come here to study from outside of Bengal too. Well, all of them need a home near their offices or academics. You can put your flat on rent anytime you want.

If you buy a flat today worth rupees 25 lakhs or 30 lakhs, you can fetch a monthly income of INR 16,000 to 28,000 depending on the amenities, construction quality and inner furnishing and fixtures. The flats of New Town are truly an asset while the flats of Rajarhat can be used for this purpose too. However, in this case, the distance will be more. So most of the time, tenants prefer flats in the New Town area.

3. Some top projects in the New Town area by Realtech Nirman Group:

A.Rajmahal -flats in Newtown Rajarhat:

Rajmahal is one of the most successful projects by the Realtech Nirman Group. Rajmahal is situated in New Town. It has great amenities such as a swimming pool, community hall, parking space, 24*7 power supply, water filtration plants, latest & updated security systems etc. Well, Rajmahal is not only great for its amenities it has some tremendous locational advantages as well. It is just 2 km away from Belle Vue Hospital & Eco Space etc. You can get a property from 24 lakhs onwards.

B. Rajokiya- flats in Newtown Rajarhat:

Rajokiya is also situated in New Town. It is also full of life amenities just like Rajmahal such as a swimming pool, community hall, parking space etc, just 3 km away from Ohio Hospital & TCS. So, it can be stated that has everything for life. You can get a 2 or 3-BHK property here from 23 lakhs onwards.

Some common FAQs

1. Are Rajarhat & New Town two different areas?

Yes, absolutely. Rajarhat is the name of the whole area and New Town is a small area in between it. So definitely both are different areas. However, as it is the same locality, people tend to name it together.

2. Are flats reasonable in the New Town & Rajarhat area?

Yes, you can get a premium property for just 23 or 24 lakhs only. So, you can call it quite affordable.

3. What is the crime rate in both of these areas?

Well, both areas are quite peaceful. The state government has a stronghold on the law & order of this and the cricket rate is on the lower side. So, both of the areas are suitable for residential places.

Final words: As I have mentioned in the blog, Rajarhat & New Town are two adjacent areas and both are extremely good for living. However, according to me, New Town is better for living because it has all the career hotspots and it is a planned city. At the same time, you can buy an affordable property here from Realtech Nirman Group. So, definitely, NewTown is a better place to buy a flat.

5 2022 Door Trends For Every Prospective Home-Buyer

Is the dream to buy flat in Rajarhat finally getting fulfilled for you? Tons of congratulations to you the

future home-owner!

All your endeavors for own home have borne fruit, right?

Now depict one thing. How do you plan to design this dream home? In a Modernist style? With sheer

Exclusiveness? Or is Mix-&-Match your preference?

Well, whichever way you go, be sure to choose the right pattern & style of doors:

• Right from the front one to the partition

• &

• That for the bedroom to the balcony sliders

Why so? Because from preserving a home’s privacy to categorizing & defining spaces within it & offering the First aesthetic impression to guests about a home – front & interior doors matter quite much in a house’s design & decoration.

Wishing for some tips? Then focus right now upon

The 5 Door Designs Buzzing In 2022

(Which Style To Choose Where Around The Dream Home – We Leave It To Your Desire Only!)

#1 Decorative Front Door Design

While simple doors were a symbol of classic home designing, there has been a recent shove for much more detail & finesse in residential door decor.

An entry door can make a welcome of its own with trimmed panels, a bold or peppy color, or other unique design aspects. The more detail, the higher the appeal.

Think of premium doors with one-of-a-kind wooden or marble panels and graceful design intricacies for a show-stealing front door.

As an icing on your cake, also consider bold mouldings as borders of the entry door – since it’s ‘hot’ right now!

#2 Fineness Of Frameless Glass

Choosing Glass barn doors turns a perfect to add a modernist essence to your apartment. There stays multiple matchless options to select from.

Barn doors are not just for decking-up farmhouses anymore, frameless glass barn doors are now making quite a buzz in the global interior design field for all home types.

With a decorative glass door design, you can choose the best option for your Rajarhat flat’s style and privacy level.

Glass options vary from inlaid pattern glass to acid etch glass and even personalized printed glass. Just remember –

‣ The canvases need to be of 4 to 10 mm thickness (if one glass) and up to 40 mm with two glasses: both crystal-clear and painted on either sides.

#3 The Sliding Sustainability

Light wood Sliding doors emerge ideal as an eco-conscious design.

With a minimum of hardware, they essentially complement Nordic style interiors.

When you plan to make an intriguing impression on everyone entering your sweet home, opt for

Highly trending sliding interior doors, crafted in a rustic wooden texture.

Made from rough wood, on which all small defects are preserved, such doors fetch the most original & earthy vibe to your interior. Forged metal fittings serve as just the touch of decoration needed.

Fit for front space, bathroom & bedroom, this door style satisfies your eclectic or minimalist design pursuit.

#4 Wow-some Wide Doors

When to infuse a larger-than-life feel throughout own Rajarhat flat, think of wood doors with an extra-wide door leaf.

Double-leaf & Three-leaf textures remain as some truly stylish options — while the jali door design stays as the most ‘in-fashion’ during 2022.

Just make sure while getting a Wide patterned door, that the sashes are of equal width and pattern.

#5 Customize As You Cherish

A prime suggestion of decor experts while commenting about latest designs of main doors. The benefit?

See own exclusive idea about home door designing get fulfilled, with whatever your desire is –

‣ Be it any Asymmetrical Shape or Boho Accents

‣ Stainless Steel or Titanium Frame

‣ Feature of Sound Insulation or 3D Effect

‣ Photo printed panels for Bedroom or Kid’s Room

Customization can make you gain any & all such door style-ups.

All you need is to get in touch with a real-time pro designing firm. And we wish you all the luck in that!

Feeling all pepped-up? So get going with own home buying & decorating dream without any more delay.

And yes, do keep in mind – Team Realtech is always jet set to guide you & your dear ones, who plan to buy flats in Rajarhat.

Call us whenever willing.

Why Rajarhat-Newtown Comes Up As Kolkata’s Next Best Home Address?

Won’t a location that promises-

Smooth & fast commutation to workplace & back home
Easy access to daily necessities & mediums of entertainment
Medical facilities & educational organizations at not much of a distance
Surrounding of sprawling greeneries
And an ambience of well-bred community & culture

be perfect for your dream home? A big ‘Yes’ from your side? Then, leaving aside all speculations, try to buy flat in Rajarhat – Newtown locality of Kolkata.

How much, in real time, does this area fulfill each of these above-mentioned criterions?

Well, it’s your hard-earned money & yes you have every right to know, at depth, about any locality prior to buying a home there.

So, without any more delay, let’s get aware of the—

USPs Making Rajarhat-Newtown Kolkata’s Future Residential Hotspot

#1 Connectivity At Its Best

One core reason for the continuous development of multiple residential projects in this locality.

Being a Government-planned ‘City Within City”, Newtown offers:

An ultimately smart network of traffic & transportation, thus making daily livelihood easy, comfy & fast

Over –

300 multi-route AC & Non-AC buses ply from & to the various bus stands spread around the area, connecting it, thus, to each & every corner of Kolkata & its outskirts as well
In addition to private cab service, local auto & rickshaw services staying available from early morning till late night

Rajarhat-Newtown’s strategic location too turns highly beneficial,

Another high point is the Biswa Bangla Sarani road, an extended highway of the Kolkata Metropolitan Area that crosses through the Rajarhat-Newtown neighborhood & facilitates therein the residents

Here Busting The Top 5 Myths About Home Buying For You

To buy or not to buy flat in Rajarhat? Is this the present mental state you are going through?

And why? Because of the sheer ‘overload’ of information on what to do & which aspects to stay away from while buying an apartment?

Listen. It is not necessary that whatever idea or information is prevailing in the market with regards to property buying is practically useful.

How to determine what is useful?

It’s easy with

5 Home Buying Myths Busted By Experts

Eager to access the truth? Let’s begin:

#Myth1: You Have Missed The Right Time

A reaction you are bound to get whenever announcing own property buying decision amidst friends, relatives, or office colleagues.

“Why not plan 6 months before?” “You will now unnecessarily pay extra because you missed the golden period.” “Could have given me a call earlier”….all such comments are bound to leap up.

It’s true that given certain central & regional government initiatives & banking sector’s announcements, 2021 is a fit year to buy flats in Rajarhat.

But, even if you are not prepared this year, that doesn’t mean you have given the ‘Right Time’ a miss.

Because, for an individual planning to purchase a house, the ‘Golden’ time is the one when he/she is prepared to take a bank loan following all protocols & can undergo the EMI responsibility – while maintaining all monthly expenses.

So to fulfill the dream of own home, it’s better to focus on that preparation in place of hearing comments as highlighted above.

Only one tip-

» If you have plans of relocation in the coming 2-3 years, do not approach the endeavor of apartment buying before that. Home sweet home is bound to become a burden then.

#Myth 2: 20% Down Payment Is Mandatory

Not in reality. Because if you can pre-qualify for a home loan with a good credit score, you automatically gain the leverage to bargain with the lending body or bank:

♦About the rate of interest,

♦ Decision over which, in turn, decides how much down payment is practically required.

Thereby, instead of taking the pressure of how to arrange the down payment sum, take endeavors to build a good credit score as is required for home buying in India.

#Myth 3: Like The House, You Can Adjust With The Neighborhood or Location

One amongst the most common myths in buying home in India.

“Wherever is your home, it’s paradise” – in today’s changed lifestyle, this saying does not stand as totally correct.

Reason? Every family member needs to go to work each day & the children or elderly members require to stay alone at the house or flat.

So aspects of transport convenience, safety, trusting the neighbors do come up as crucial points.

And in this context, it turns inherent for you to pick a site that promises quite-much ease of communication & commuting & is reputed (at least not bad-named!) as a residential area.

Now, on how to get such a location brings us to debunking

#Myth 4: Buying From An Established Real Estate Firm Is Not Essential

You wish for a home that will witness your life’s progress & blossoming of relations, right? Then it must be a well-built one to stand natural calamities & offer access to amenities that make your daily life easier & faster.

And yes! In a real-time proper location as we were just discussing above.

Given to all these reasons, you must buy own dream home from a reputed real estate house only.

From guarantee on the quality of construction material to the inclusion of civic facilities, such a firm will serve you all – along with a well-connected & prospective location.

#Myth 5: Take The Maximum Loan Amount…Because You Are Getting Approval

And why this is a futile idea? Well, will an EMI scheme of 50k appear to fit for you? For, you can get approved for 1 crore or more home loans – but the EMI range too will be around or above 50K.

Calculate & bust the myth yourself.

Are these points appearing as your true home buying guide? Then why the wait to buy own Rajarhat flat?

Drop Team Realtech a call at a time suiting you only.

Fixed OR Floating: A Sneak Peek Into Home Loan Interest Rates

Buying your desired flat in Rajarhat can become one tiring & complex process – if not having the required awareness about the entire structure of the housing loan scheme.

And, one prime aspect to learn in this context is about:

Kind of interest rate suiting your need

In the Indian market, two options come up to this end,

♦ The Fixed Interest Rate and Floating Interest Rate

Now, as for

Which Home Loan Interest Rate Will Be Ideal For You

learn that

A Fixed Rate of Interest:

♦ Remains constant throughout your loan tenure, regardless of market price fluctuations or changes in Repo Rate

♦ Is perfect to pursue when the EMI scheme is comfortable for you

♦ Helps you to plan a long-term budget for daily & essential expenses after taking a home loan, as you get to know the exact laps of EMI for the entire period

But Be Aware –

◉As unchangeable even when the market rate is higher, fixed interest rates are generally 1.5% to 2% higher than their floating counterparts

◉ Once opting for a fixed rate, you cannot avail any benefit of decreased interest rates – as & when such a market situation crops up

◉ When the market prices are higher than the conventional level, approval for a fixed rate of interest can become difficult; since banks will doubt your capacity of repayment at a higher rate

One Spoiler Alert

Some fixed-rate home loans stay fixed only for certain periods.

Basing on the loan tenure, it can be that your fixed interest rate stays valid for certain years & automatically converts into a floating interest rate loan thereafter.

When that happens, know that the fixed-rate might get revised affecting the EMIs in the long run. Henceforth, as a ground-rule, give a thorough reading to all the T&Cs while getting a home loan to buy flat in Rajarhat.

As For The Floating Rate of Interest

pursue it, when you

◉ Are confused about interest rate fluctuations & prefer to go with the market trend

◉ Wish to save on the overall interest rate shortly; since floating-rate loans are marginally lower than fixed-rate loans, thus reducing your loan cost

◉ Have a backup plan of repaying the loan before the designated tenure & desire to avoid prepayment penalties. The RBI has banned all sorts of prepayment fees in case of the floating interest rate.

However, Realize That

As completely dependent on the market’s flow, floating interest rates are-

Highly unpredictable, possible to increase to an extent that it would become slightly uncomfortable for a borrower to pay their EMIs.

This unpredictability also goes to affect financial institutions, which end up charging higher premiums than the conventional benchmark

Which One To Go For?

The answer to this question solely depends on your financial health & whether predictability or unpredictability is your taste. Still, some factors can help you make a decision:

• Calculate cautiously the EMIs of 2-3 loan schemes you have shortlisted – basing upon both the fixed & floating rates

• Weigh that with own monthly income range & acknowledge the gap

• Can follow the expert advice of Fixed Rate for the 40s & Floating for those in their 20s

• Split own loan between fixed & floating by a 60:40 ratio

We wish you find the apt home loan as per current interest rates & experience the smoothest home buying journey.

As for picking a suitable flat in Rajarhat, connect to Team Realtech anytime & from anywhere.

Waiting to serve you.

How East-West Metro Corridors Are Encouraging Real Estate Developers In Kolkata

Present Day Kolkata

Today?s Kolkata is an amalgamation of energetic and cultural crowd representing the youth with a modern outlook towards life. The city sees the daylight with office goers rushing for their workplace with no time for the little pleasures of life. This is, however, the story for all those residing in the metro cities in India. Kolkata, like all other metropolitans, demands quick transport services and latest facilities that will prove supportive to this modern day lifestyle.

With the motive to make provisions for latest amenities to the citizens, the government has prioritized to stage modern infrastructure and ample civic amenities in the city. The Metro East-West Corridor is a part of this venture too. The fast-paced life led by today?s generation need the best of transport and livelihood facilities, especially in the special economic zone of Rajarhat and Newtown areas. It has been observed that due to development of the IT sector in the Rajarhat-Newtown areas, a lot of real estate developers in Kolkata are investing in these areas. The IT hub of the city has seen a big transformation in the recent years. A bulk of the population has been planning on buying apartments in Rajarhat near their workplace which seems to have witnessed a boost after the announcement of the Metro East-West Corridor connecting Garia on one side to Airport on the other part of the city.

Residential Projects near Metro Railway in Rajarhat-Newtown: the New Address of Real Estate Developers in Kolkata

Rajarhat, Newtown, DLF-IT Park, Sector V and Salt Lake is the home to many IT companies due to which a major part of the population is seen to take interest in acquiring properties in these parts of the city. This place also hosts luxurious hotels, restaurants and lavish malls and entertainment parks with a rich spread of greenery to bring relief in the concrete jungle. Not only that, the healthcare giants like Ohio Hospital, AMRI, TATA Cancer Centre are also facilitating the people and are well connected by roadways and now through the upcoming metro station.
It is only natural that this area which is now under Special Economic Zone will see a big jump in the next 5 years. The real estate developers in Kolkata are, therefore, coming up with latest and affordable projects in these zones.
The upcoming metro station shall give an upper hand to all those investing in the real estate sector in Rajarhat-Newtown. Real estate developers in Kolkata are offering affordable luxury apartments in Rajarhat at best prices ever! It is recommended to buy flats in Rajarhat near your workplace if you are an IT employee as that will reduce the transportation time as well as cost. Esteemed educational institutions are also keeping up with the growth and development of this place and has purchased land for an establishment in near future most of which are already in place.
As very rightly said by Will Rogers, ?Don?t wait to buy a land. Buy land and wait.? The right time to invest in flats in Rajarhat is NOW.