Howrah, the gateway to Kolkata, is renowned for its strong socio-cultural heritage. It is often known by its structural marvel, the Howrah Bridge. With over a 500-year old history, this twin city of Kolkata boasts of immense heritage value, local attractions, delectable cuisine and a happening lifestyle.
With a number of projects in the pipeline, Howrah is all set to become a mega city with focus on real estate market and infrastructure. The upcoming real estate projects are changing the landscape of the Howrah-Hooghly belt. Several projects like Kona Truck Terminus, Marina Grand-an urban yacht marina project and the logistics hub on Kona Expressway is coming up along the city stretch. The interest of investors in Howrah real estate market has now been rekindled for all the above stated reasons and is considered as one of the most prospective markets in West Bengal.
More people are looking to invest in Howrah real estate market than ever before. The property rates are reasonably priced as compared to other metros and tier II cities. It simply means that you can benefit more from a mere investment of Rs. 20 lacs and above. The prevailing rentals are also less as compared to those in Kolkata city resulting in a lifestyle which is easy on the pocket. Fast improving standards of project development along with arrival of trusted brands has resulted in easy-to-own homes on offer and Howrah is now one of the most preferred housing locations.
Once known as the Sheffield of the East, Howrah is currently home to a multitude of engineering firms of varying sizes. Hence, for professionals it becomes a lucrative property investment as it is well connected to transport lifelines and lifestyle zones. Extensive transport alternatives of train, ferry and bus services along with auto rickshaw services are evidence of varying ways of commuting inter and intra Howrah. It offers easy accessibility to offices, hospitals, educational institutes and entertainment zones. It has shown immense potential in terms of growth and development.
With improved infrastructure, low prices and opportunities, Howrah is an investor’s perfect real estate investment destination!