Project Of The Week: Megh Mani, Kolkata
Kolkata is known to be emerging as a real estate hotspot with various localities showing a positive trend. One such area is Kasba, a suburb in Kolkata. The property prices in Kasba have witnessed a rise of 17.1 per cent over the last 41 months. Thus, encouraging developers to invest and construct apartments in Kasba and fulfil the rising demand for property here. One such developer is Mani Group which brings forth a residential project named Mani Group Megh Mani at EM Bypass, Kolkata.
The project
Megh Mani is an under-construction project in Kasba. Expected to be ready for possession by December 2019, the project once completed will offer 108 apartments. The size of the apartments here varies within the range of 1,722 sq ft to 2,086 sq ft. Also, the project offers some amenities for the residents. These include:
The locality
Kasba, located in the south of Kolkata, is surrounded by areas including Dhakuria, Haltu, Eastern Metropolitan Bypass and Tiljala. Some of the prominent neighbourhoods of Kasba include Salimpur, Vivek Nagar and Sahid Nagar. The area is enjoys proximity to some of the major business areas in south of Kolkata. The area is well-connected to different parts of the city by Surface port Corporation (WBSTC) , Calcutta State port Corporation (CSTC) and private bus operators.
Educational institutions: South Point High School, Garden High School, Public School, Lakeview High School, Mahadevi Birla Shishu Vihar, National High School for Boys, Modern High School for Girls and Army Public School
Healthcare centres: Fortis Hospital, Pulse Diagnostics Pvt Ltd, Ruby General Hospital, Apollo Gleneagles Heart Centre, B M Birla Heart Institute Research Centre and B.P Poddar Hospital and Medical Research Ltd
Bank branches: State Bank of India, Bank, Indian Bank, HDFC Bank, Corporation Bank and Federal Bank
Nearest metro station and airport: Rabindra Sadan Metro Station is at a distance of six kilometres from Kasba and Netaji Subhash Chandra Bose International Airport is at a distance of 22.5 kilometres.
The price
The 3BHK apartments in Megh Mani are priced within the range of Rs 1.16 crore to Rs 1.17 crore while the 4BHK apartments are priced at Rs 1.41 crore.
The developer
Mani Group is a known name in the real estate market. The group was founded in the year 1980 and has a portfolio of projects covering areas like Kolkata, Siliguri, Durgapur, Jaipur and Bhubaneswar. The projects, 50 in total, cover an area of five million sq ft. The developer plans to add another 11.26 million sq ft in the near future.
Parameter | Remarks |
Project | Good |
Price | Good |
Locality | Very Good |
Developer | Good |
Overall recommendations
Mani Group's Megh Mani is a project worth investing in for those looking for some wide range of amenities at a competitive price. Also, looking at the acceleration in prices of property here, one could also look at buying for investment.