Thursday, 24 May 2018

Guide to Buying a Perfect Home in Howrah

The iconic Howrah bridge of Kolkata comes to mind the moment anyone even mentions Kolkata. The imposing structure connects Howrah and Kolkata as the beautiful Hooghli River gushes underneath it. While Howrah is growing daily in terms of infrastructural development, new residential projects in Howrah are picking up pace and are seeing better prospects that ever before. Let's take a look at the vital points one must keep in mind before looking at buying a home in the beautiful urban agglomeration, Howrah.

1) Location Salience
We've heard it time and again, location is the key when it comes to buying a home. Howrah, luckily is one of the best locations one can invest in. From proximity to shopping malls like Avani Riverside Mall, to multiscreen movie theatres, parks, universities and recreational hubs, Howrah offers it all for its residents. This simple fact can be credited for the surge of property rates in the area. Be it 2 BHK flats in Howrah or a luxurious township project, Howrah has homes of every type for the various needs of home buyers.
2) Market Volatility
Now this is something we don't pay much attention. According to the layman, we consider that if the property rates are down it is a great time for us to invest. We don't bother to check the real estate trends of that area. This is a must since it gives you an idea of what sort of appreciation one will get in case of re-sale of property and that is often indicative of the types of development that area will see in the coming few years. Also note that in many cases, through volatile real estate market scenarios, commercial properties do well. So residential flats in Howrah which are located close to commercial property will see better returns as opposed to properties located in other areas.
Flats in Howrah

3) Government Initiatives
Again, a point that we often overlook, but government initiatives in your area in terms of civic plans and public amenities, are a good way to understand if the area you are investing in is worth the while. Property in Howrah often sees a sudden rise in terms of real estate prices owing to the changing initiatives and plans by the government. Do ask around and check if the civic authorities have planned to create a public garden in the area or are taking over the maintenance of roads and public property, as all of this will have a direct impact on the rates of flats in Howrah.
4) Places To Visit
While this is more of a personal choice, owing a flat in Howrah in a locality which enjoys easy access to local attractions and tourist spots only means better return on investment. Be it the Belur Math, Vidyasagar Setu, Santrangachi Jheel or the Indian Botanical Garden, several people flock to these tourist spots all around the year. You can make the most of this by investing in a property close by.
Howrah is a historic place which is culturally rich and is seeing a positive change in terms of development, with growing infrastructure and the rise of upcoming residential properties by some of the best real estate developers of the country. With the promise of a better lifestyle and a brighter tomorrow, investing in Howrah seems to be the right decision for most home buyers and investors.

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