Project Of The Week: Ruchi Realty, New Town, Kolkata

New Town in Kolkata has recently emerged as a major residential real estate hub. A satellite city that provides a comfortable living to the residents, this area has gained prominence due to the coming of various information technology companies that are setting up base here. The locality consists of two villages -- Rajarhat and Bhangar. Of the two, Rajarhat is also stated as a Solar City and now is  a part of Narendra Modi's dream project of smart cities.

PropGuide takes you on tour of one of the upcoming projects in New Town Rajarhat, Ruchi Realty One, that will offer you a value for your money:

The project

Ruchi Realty One Rajarhat is a project that is yet to be launched. Spread over an area of 2.69 acres the project will offer 282 apartments in 1, 2, 3 and 4BHK configurations. These units will be available in sizes varying between 923 sq ft and 3, 060 sq ft.

These apartments in Ruchi Realty One will be up for possession by August 2019. For the residents, the project will offer following amenities:

The location

New Town is located in proximity to Salt Lake, a key commercial area and Sector-V, a new and upcoming commercial hub.

Key thoroughfares: VIP Road

Educational centers: Institute of Management and Technology, BP Poddar, Calcutta Public School, North Point School, and EuroKids VIP Road

Bank branches: HDFC Bank, State Bank of India, Corporation Bank, Central Bank of India, ICICI Bank and Axis Bank

Hotels: Swissotel, Hotel Shivangan, Kings Crown Hotel and O2 Hotel and Kazi Nazrul Islam Avenue

Shopping malls: Galleria Mall, Home Town, Axis Mall, Xtra Mall and The Terminus

Connectivity: Netaji Subhash Chandra Bose International Airport is located at distance of four kilometers.

Price & size

Ruchi Realty One Rajarhat offers apartments in the configuration of 1, 2, 3 and 4 BHK. While the 1BHK apartments are available in sizes 923 sq ft and 924 sq ft, the 2BHK apartment are available in size 1, 231 sq ft to 1, 244 sq ft. The 3 BHK apartment are available in sizes 1, 838 sq ft and 1, 891 sq ft and the 4BHK apartment are available in 3,029 sq ft and 3,060 sq ft of size. The price of these apartments is made available on request.

The developer

Ruchi Realty Holdings Limited is a known real estate company with six ongoing projects at present. Ruchi Realty's Active Acres received Premium Apartment Project of the year award- Central & East in NDTV Property Awards 2014. The same project was awarded as Best Mid-Segment Residential Project in CNBC Awaaz Real Estate Awards 2013. The group was awarded as Real Estate Company of the Year (M.P.) by Brands Academy Real Estate Awards 2013 in association with NDTV Profit.

PropGuide's verdict

Overall recommendation

Ruchi Realty One Rajarhat, is an excellent choice for those looking for a project that offers value for money, is well-located, and is being developed by a reputed developer.