Despite the worldwide pandemic, dipping economy, and millions of job-loss in India, one sector is booming like always – yes, real estate. Starting from the economists and industrialists, by 2022, the real estate industry is going to be the largest revenue generating domain and every person with foresight MUST invest in real estate.
Here are some key points why you should invest in real estate in Kolkata’s heart New Town:
- New Town is going to be the new epitome of Kolkata by the next two years. Spread over 30 km2 , New Town is a planned city where the investment in infrastructure and other facilities started in the 1990s. Currently with a population density of approximately 1218/km2 , New Town is one of the fastest growing satellite cities in the country.
- With almost all premium educational institutes, New Town is a vibrant ever-growing township in the heart of Kolkata. The major schools who have their campuses in New Town are:
Delhi Public School
Narayana School
The Newtown School
Bodhicariya Senior Secondary School
While the following colleges and universities have also their presence in this developing beautiful township:
University of Engineering & Management (UEM), Kolkata[21]
Amity University Kolkata[22]
Presidency University
St. Xavier University
IIT Kharagpur Research Park
Aliah University
Indian Institute of Social Welfare and Business Management
Institute of Chartered Accountants of India
Ramakrishna Mission Centre of Excellence
Belle Vue Nursing College
West Bengal Power Development Corporation (WBPDCL) Training Institute[23]
Al Ameen Mission Trust
Techno India
West Bengal Judicial Academy
3. As per the data till 2020, New Town gets 200-litre capita per day of treated water every day with potable water, sourced from the Hooghly River. There are also water treatment plants with computerized monitoring and control systems. 100% of the garbage is collected by sanitary
workers through door-to-door collection. As of 2020, more than 70% of the solid waste management vehicles and street sweeping vehicles have been fitted with GPS devices for effective monitoring. All the garbage is compacted at compacting stations before disposing of it in dumping grounds.
