Kolkata Metro has improved realty prospects in Madurdaha
According to real estate developers in Kolkata, the prospects of the realty market in many localities of the city have witnessed a substantial improvement of late, thanks largely to the upcoming Kolkata Metro project.
As per the market-trend watchers, one of the several Kolkata localities which are apparently benefitting from the Metro project is Madurdaha.
About the improved real estate prospects in Madurdaha, MS Realtors’ owner Subhoto Biswas said that the Madurdaha market is moving fast for 2BHK residential units; with the popular realty cost bracket in the area being between Rs 35 lakh and Rs 45 lakh. Biswas said that, within the mentioned price range in Madurdaha, potential home-buyers can get a home with corresponding social infrastructure.
Asserting that realty expectations have already been heightened in Madurdaha because of the soon-to-be-functional Kolkata Metro, Biswas said that though the Madurdaha realty market has not leaped as yet, it probably will leap in the near future.
Meanwhile, Ram Kamal Saha – a local property consultant at Real Realty Consultants – has pointed out that the Madurdaha area developed from scratch in recent years.
Noting that “there was nothing in Madurdaha a few years back,” Saha said: “Recently, new roads have been constructed and of late, a lot of new projects have started which have practically created a new township.”
Source – The Times of India
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