Project Of The Week : Primarc Southwinds, Kolkata
Kolkata, popularly known as the city of joy, is famous for its exquisite culture, sumptuous food and seamless public transport services. Along with its cultural positives, the city is also one of the most affordable metros in the country in terms of real estate.
According to a recent report published by PropTiger.com's Datalabs division, the average property prices at the end of second quarter of financial year 2016 stood at Rs 3, 946, up a per cent from Rs 3,906 in Q2'15. One of the few markets which experienced a rise in property prices.
So, if you are planning buy a residential property in Kolkata, considering how lucrative the market is, then this project by the Group, Primarc Southwinds will interest you. The residential project offers a good ambiance with fresh and green surroundings.
The project
The residential community of Primarc Southwinds is spread across 10.4 acres of land. The project was launched in 2013 and will be up for possession by end of 2017. The total number of units available for sale here is 612 and these are a mix of 2BHK and 3BHK configurations. The 2BHK apartments are available in three different carpet area sizes of 881 sq ft, 970 sq ft, and 976 sq ft, respectively. Similarly, the 3BHK apartments are available in the sizes of 1167 sq ft, 1,284 sq ft, and 1,294 sq ft. The project structure adheres to the principles of Reinforced Concrete (RCC) framing and Pile foundation. The community houses usable amenities and services, exclusively for its residents. Some of them are:
The locality
Primarc Southwinds, Sonarpur lies close to major areas of the city and offers good connectivity links that include highways and railway lines.
Infrastructure & future prospects
Sonarpur has been experiencing spurt in growth of the residential sector in the recent past. The reason behind this is credited to the recent physical and social infrastructure development here, including enhanced connectivity. The area is also an upcoming industrial hub. The government of West Bengal had initiated the setting up of Hardware Park here, which is being developed at a rapid pace. The construction of the State Highway 1 has greatly helped get rid of congestion in the city and thus, Sonarpur is in limelight being a gateway for many of its surrounding areas.
The price
The residential units at Primarc Southwinds, Sonarpur are available at a price of Rs 3,050 per sq ft, much lower than the average property prices in Kolkata. So, the starting price of the apartments here is Rs 26.9 lakh. The other nearby projects such as Tirupati Awas Paradise and Sugam Homes Serenity is available for a price of Rs 2,850 per sq ft and Rs 3,075 per sq ft, respectively. The average price of the locality is Rs 2,823 per sq ft.
The developer
Having established in the year 1962, the Primark Group has been delivering quality infrastructure projects for residential as well as commercial sectors. The company is currently working on nine residential projects, all based in Kolkata.
PropGuide's Review
| Parameter | Remarks |
| Project | Good |
| Price | Good |
| Locality | Excellent |
| Developer | Good |
Overall recommendation
Primarc Southwinds is a good investment option for both end users and investors. The prime locality has a role to play, which offers a good infrastructure, easy connectivity, and chances of price appreciation.