Neighbourhood Watch - Rajarhat – Kolkata
Originally launched as a satellite city to Kolkata, Rajarhat - which is also known as New Town, is an upcoming integrated township which comprises residential localities as well as industrial areas and corporate hubs. Rajarhat is located in North 24 Parganas district of the Indian state of West Bengal and bears close proximity to the capital city of Kolkata.
Unlike Kolkata, the cityscape of Rajarhat is modernistic and futuristic. You will find towering high rise apartments and sprawling IT Parks in this extremely well-planned township. Real estate in Rajarhat has witnessed immense growth in recent times; and owing to the big plans that it has for the future, property in Rajarhat is highly sought after by investors and home buyers alike.
Connectivity Rajarhat is excellently connected to Kolkata and its adjoining areas via the VIP Road and Rajarhat Road. It is located approximately 12 kilometres to the north east of Kolkata, which also happens to be just 4 kilometres away from the Netaji Subhash Chandra Bose International Airport.
Hotels With its close proximity to the airport as well as the adjoining corporate hubs, Rajarhat is a highly feasible option for those seeking transit accommodation around Kolkata. Some of the important hotels located in Rajarhat include:
Shopping malls and Recreation Being modernistic in every sense, Rajarhat is touted as the biggest recreational hub in West Bengal. There is a water park - Aquatica, a children’s amusement park called Nicco Park and several picnic spots and yoga and meditation centres for adults. There are endless shopping opportunities in the nearby shopping malls, a few of which include Galleria Mall, Home Town, Axis Mall, Xtra Mall and The Terminus.
Educational Institutions There are several reputed institutions operating in various parts of Rajarhat which cater to the educational needs of the families residing here. Some of the important educational facilities in Rajarhat include Calcutta Public School, North Point School, BP Poddar Institute of Management and Technology, St. Stephen’s School and EuroKids VIP Road.
Hospitals and Banks There are several upcoming healthcare facilities in Rajarhat, and it also enjoys seamless connectivity to all major hospitals in and around Kolkata. There are also several banking institutions operating in Rajarhat, some of which include HDFC Bank, Corporation Bank, Axis Bank, Central Bank of India, ICICI Bank and State Bank of India.
Real Estate in Rajarhat Real estate in Rajarhat is rapidly developing, with 105 total projects running, including successfully completed projects like Sunrise Symphony by Sureka Group, Utsav by Purti, Uniworld Heights by Unitech, Xanadu Studio by Siddha Group and Meena Residency by GM Group. There have been 22 new launches since January 2013 with 3400 new units launched in projects like Bellagio Phase-2 by Team Taurus, Maya by Realtech Nirman, Essence by Mounthill, Fusion by Mounthill and Elite by Magnolia Infrastructure. The minimum price of property in Rajarhat is Rs. 2400 (Elite by Magnolia Infrastructure) and the maximum price is Rs. 11000 (V Privileged Living by Bengal Srishti Infrastructure) , bringing the average price to around Rs. 3800 per sq. ft.
For more information on real estate projects in Rajarhat, log on to PropTiger.com.