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Kolkata has a few infrastructure projects that will drive the real estate sector in the city and bring in investment for the next few years. The expansion of metro rail from North-South and East-West zones is one of the key developments. Eastern Metropolitan Bypass or EM Bypass connects various IT hubs of the city. However on the downside, government and its stringent regulars over SEZ development has discouraged IT companies from entering the market. Which are the top 3 areas to invest in Kolkata? If you are looking to invest in a residential property in Kolkata, Salt Lake, Rajarhat & Dum Dum emerge as the top choices due to several reasons. Salt Lake City is a quintessential residential locality packed with excellent physical, social infrastructure options and connectivity. Rajarhat is an upcoming satellite township in the city. This locality is driven by the IT sector. The reason why the locality has seen a sudden real estate surge is because of the new metro route that connects New Garia and Biman Bandar via Rajarhat. Dum Dum is a popular investment destination because of its close proximity to the airport, city and railway station. Other two localities one can look at while making an investment is New Town and Garia. Properties in Rajarhat, New Town, Dum Dum and Garia come at an average price of INR 4500 per sq. ft. Properties in Salt Lake City are priced at INR 6000 per sq. ft on average. Where can I invest in plots for under INR 5 lakhs in Kolkata? You can invest in plots in many of the developing localities in Kolkata. You can buy plots for INR 1 to 2 lakhs in Joka, Garia and Barasat. This price is for the bare minimum plot size of 720 sq. ft. For a similar size plot you will have to spend INR 3 to 4 lakhs in Diamond Harbour. At Thakurpukur, Behala and Sonarpur you could comfortably buy a plot which is sized about 1500 sq. ft for INR. 2.6 to 4 lakhs. These are few localities that offer plots at a very low entry level pricing. If you can push your budget to more than Rs. 5 lakhs, then New Town should be an ideal invest avenue. Where can one find 2 BHK apartments for under INR 40 lakhs in Kolkata? Kolkata city offers one of the cheapest real estate prices in comparison to the other metros. You can invest in 2BHK apartments for less than Rs. 40 lakhs in a number of localities. You can look at Thakurpukur, Barasat, Joka, Baruipur, Baguiati, Rajarhat, Garia, Behala, Nayabad and Kestopur. If you further fliter down these localities, then the top areas that emerge as affordable investment. destinations are Rajarhat, Baguiati, Kestopur, Garia and Behala. Metro connectivity is the reason they stand out as the top 5 investment zones for affordable homes. Where can I find apartments for a reasonable rent in Kolkata? Kolkata has a number of reasonably priced rental options in the city. The top three localities in the rental segment are Salt Lake, Rajarhat and Dum Dum. These regions cover three different parts of Kolkata. If you work in the regions in and around these localities, chances are these could be the best places to look for an apartment/ house for rent. Salt Lake is a popular choice for families and working professionals. It is only 30 min away from Park Street which is located in central Kolkata. You can rent an apartment in Salt Lake City for an average price of INR 17 psft per month, followed by the satellite township of Rajarhat at INR 14 psft per month. Dum Dum gives tenants an excellent deal with rentals hovering around INR 12 psft per month. - See more at: http://blog.indiaproperty.com/where-can-one-find-2-bhk-apartments-for-under-inr-40-lakhs-in-kolkata/#sthash.Y8TGCP5u.dpuf