5 Reasons Why Joka is the Next Big Thing in Kolkata's Real Estate Market


Psgroup

Uploaded on Aug 29, 2023

Category Real Estate

Joka emerges as Kolkata's real estate gem with five compelling reasons. Its strategic location offers seamless connectivity. World-class educational institutions and healthcare centers provide unmatched convenience. Affordable properties attract investors. Green spaces and modern amenities ensure a quality lifestyle. Anticipated growth potential cements Joka as Kolkata's realty frontier.

Category Real Estate

Comments

                     

5 Reasons Why Joka is the Next Big Thing in Kolkata's Real Estate Market

PS 102 5 Reasons Why Joka is the Next Big Thing in Kolkata's Real Estate Market Introduction ● Residential flats near Joka is well-connected to the city center by road, rail, and metro. ● Joka has all the essential amenities, such as schools, hospitals, markets, and parks, within easy reach. ● Joka is undergoing rapid infrastructure development, which will further improve its connectivity and livability. ● Joka is a rapidly growing area with a lot of potential for future development. Joka's Real Estate Market Is Driven By Affordability ● Joka is a fast-growing real estate hotspot in Kolkata due to its affordability. ● The average capital price in Joka is around Rs 3400 per sq ft. ● 2 BHK apartments in Joka cost around Rs 35 lakh and up, while 3BHK flats cost around Rs 40 lakh and higher. ● The 102 in Joka is a luxurious residential property developed by PS Group. ● The project is spread across 7.5 acres and offers 1152 units of 2 BHK to 3 BHK apartments. Social Infrastructure Is Well-Developed ● One of the most important factors that prospective homeowners evaluate before purchasing in a rural area is social infrastructure. ● Vivekananda Mission School, St. Francis Elite School, Indian Institute of Management, Calcutta (IIM-C) is not far from this location ● Super speciality medical institutes including Bharat Sevashram Hospital, BMRI Hospital, ESI-PGIMSR, and ESIC Medical College and Hospital, are all situated within close proximity. Potential For Investment ● Value of residential flats in Joka have almost risen by 90% in previous five years ● The region is well-connected to the rest of Kolkata, with good road, rail, and air links. ● The area is home to a number of educational institutions, hospitals, and shopping malls, making it a desirable place to live. ● 102 by PS Group is a high-end residential project with a variety of amenities, including a swimming pool, gym, and clubhouse Joka's Appeal Is Enhanced Through Connectivity ● The Diamond Harbour Road links Joka to other districts of the city, including Howrah, Esplanade, Sealdah, and others. ● The Joka-Esplanade metro route and Diamond Harbour Road four- laning are under construction, which will improve connectivity even further. ● The strategic location of The 102, in front of Diamond Harbour Expressway, enhances its connectivity to various destinations. Affordability ● Joka offers relatively affordable housing options compared to other established residential areas in Kolkata. ● Joka is slated to benefit from several upcoming infrastructure improvements, such as the Kolkata Metro Line 2 and the Joka Expressway. ● The cost of houses in Joka remains affordable for many purchasers, making it an appealing option for first-time buyers and investors. Thank You