#Top residential projects in kolkata

[sbaspectra-formations]

3BHK premium Apartment I Interior Design & Styling Ideas I Best Home decoration I Kolkata

[property360india]

Buy A Flat In The Elite Residential Project In Newtown, The Orchid Square

 Find the top property brokers in Kolkata and get the perfect property that best suits your needs. Take a look at Property360’s best residential projects in Rajarhat, Kolkata

Property 360 is the name that everyone knows and trusts when looking for the best residential projects in newtown. This actual sector of the economy has been active for more than ten years and has provided the framework for countless noteworthy initiatives. The brand has a strict code of business ethics dedicated to meeting the needs of our clients. They understand your dreams and aspirations for your home and work diligently to provide you with the best possible service. Let’s take a look at the upcoming residential projects in Newtown.

Orchid Square

Action Area – 3B

Area – 1488 square meters feet

3BHK luxury apartment.

The most premium area of ​​Newtown Action Area 3

Most Wanted Southbound HIG Project

Premium Location and Premium Neighbourhood.

100 meters walk from St. Xavier University.

Just a 3-minute walk from Downtown Shopping Center.

A 2-minute drive from Biswa Bangla Gate and the metro station

Price - from Rs 650,000

Why should you invest in Orchid Square, a promising residential building Rajarhat?

The orchid is the surest path to a perfect way of life.

The top priority of property agent in Rajarhat is building communities alongside the buildings. The Orchid helps people from all walks of life find their ideal way of living.

Your real estate requirements has one destination

The Orchid's professionals specialise in project development as well as the construction of both residential and commercial buildings. In addition, the experts in joint ventures and land acquisition.

Engineering Fields Where We Excel

An enormous infrastructure, departments, an escalator, an elevator, an emergency exit, parking spots, etc. are all necessary for a commercial plot of land. These amenities are an important necessity for a firm.Because of this, you must choose a plan with great care. The strategy of the property dealers in Newtown for green building certification and rating is undeniable. Additionally, attention is still paid to detailed architectural blueprints, thorough site surveys, and soil testing.

Why Choose Property360, the leading real estate company in Rajarhat?

Property 360's Newtown Realtors and Developers offer a variety of valuable advisory services to clients. The main aspects these real estate brokers in Rajarhat focus on and offer solutions are:

Legal advice

Land clearance at regional and zone level

Mutations of various types of apartments and houses (lands), their registration and transformation

Covers all forms of cooperative registration, auditing, transmission and record keeping

Elaboration and review

Contract negotiation and judgement

Handle fraud allegations

Working with Licensed Construction Professionals

Detention and recovery from debt

Arbitration

The Last word

Thus, the top real estate brokers in Newtown, Property360 is committed to delivering value and benefits to its shareholders while ensuring accurate data, practical design, advanced technology and most importantly, client. The property developer in Newtown and upcoming residential projects in rajarhat meet your individual needs with their true passion.

[residentialpropertie]

Buy Residential Property in Merlin The Element

Are you looking to buy a new residential Project develop by Merlin Group in Mahavir Talla, Kolkata. The top tranding project developed by Merlin The Element, offering 3 & 4 BHK residential apartments. By Buying in Merlin The Element, You will get here your dream home.

For More Information :-

Mahavir Talla, Kolkata

Tel:- 8448367360

Visit Us:- https://www.elementskolkata.com/

[dipankardm]

For more information Call-9875369644

Overview of Shriram Symphony, Uttarpara Shriram Symphony is an exciting upcoming residential project by Shriram Properties, set in the scenic and growing suburb of Uttarpara, Kolkata. Combining contemporary design with tranquil surroundings, this development promises to be a landmark for those seeking a luxurious yet practical home. With its strategic location and thoughtfully crafted homes, Shriram Symphony is poised to become a top choice for homebuyers in Kolkata.

This premium project offers spacious 2 and 3 BHK luxury homes, including bungalow-style apartments, designed with meticulous attention to detail. Each apartment is built to deliver both elegance and functionality, featuring modern architectural designs and ample living space for families. These homes are an ideal fit for those who appreciate a blend of style and practicality, making it a compelling choice for homebuyers.

One of the most appealing aspects of Shriram Symphony is its attractive pricing, with homes starting at just ₹65 Lakh. This competitive price point, combined with the project's premium location, makes it an excellent investment opportunity for first-time homebuyers and seasoned investors alike. The potential for property appreciation and the high demand in this area make it a smart financial decision for those looking to secure their future.

Prime Location with Exceptional Connectivity Located in the heart of Uttarpara, Shriram Symphony enjoys proximity to essential amenities like schools, hospitals, shopping centers, and entertainment hubs. Residents can easily access everything they need, thanks to the area’s excellent connectivity to the rest of Kolkata. The project’s strategic location ensures that daily commuting is seamless, making it a convenient option for working professionals and families.

In addition to convenience, Uttarpara’s rich cultural heritage and natural beauty provide a unique blend of urban living and serene surroundings. This combination ensures that Shriram Symphony residents can enjoy a vibrant lifestyle while staying connected to nature.

Luxurious Amenities for a Balanced Lifestyle Shriram Symphony offers more than just a home—it promises an enhanced living experience with world-class amenities designed to cater to every need. The project boasts a wide range of over 100 amenities, including:

*State-of-the-art fitness centers * for health enthusiasts.

*Beautifully landscaped gardens * for peaceful walks and relaxation.

*Recreational facilities * for families and children.

*Community spaces * that encourage social interaction and neighborhood bonding.

These amenities are crafted to offer residents a balanced lifestyle where luxury, comfort, and convenience come together harmoniously.

Why Choose Shriram Symphony, Uttarpara?

Economic Growth & Future Potential

Uttarpara is rapidly developing, making it a promising location for real estate investment. With the area’s economic growth, expanding infrastructure, and the establishment of new businesses, residents can benefit from the rising job opportunities and the influx of new amenities. Shriram Symphony is positioned in the heart of this growth, making it not only a great place to live but also a valuable investment. The anticipated rise in property values ensures that buyers today will see rewarding returns in the future.

Growing Infrastructure & Connectivity

The infrastructure in Uttarpara is continuously improving, with new roads, transport links, and facilities being developed to accommodate the growing population. Shriram Symphony’s prime location ensures that residents are never far from essential services like schools, hospitals, and shopping centers, as well as leisure and entertainment venues. This makes daily life more convenient and enhances the overall quality of life.

Prime Location

Uttarpara’s charm lies in its unique blend of urban convenience and serene, natural surroundings. Shriram Symphony is located in one of Kolkata’s prime residential areas, offering easy access to major roads and public transport. Whether commuting to work or exploring the city’s cultural attractions, residents will find that living here makes daily life enjoyable and hassle-free. The area’s mix of modern amenities and vibrant lifestyle options makes it an ideal place for families.

World-Class Amenities

Shriram Symphony takes pride in offering its residents over 100 top-notch amenities. From lush parks and fitness centers to recreational areas and community zones, every detail has been designed to support a high-quality, balanced lifestyle. Families will find all the comforts and luxuries they desire within the project, creating a perfect living environment that enhances well-being and relaxation.

Future Potential & Investment Benefits Investing in Shriram Symphony now provides the opportunity to benefit from Uttarpara’s booming growth and infrastructure development. As property demand in the area continues to rise, homes at Shriram Symphony are expected to see significant value appreciation. Shriram Properties’ trusted reputation for quality and design ensures that this project will meet high standards, making it a secure and lucrative investment for years to come.

For More Information

For further details about Shriram Symphony, or to book a site visit, call 9875369644 today and secure your place in one of Kolkata’s most sought-after residential developments.

[investoxpertblog]

Looking to buy the best apartments in Kolkata? The city offers a wide range of premium residential options, combining modern amenities with prime locations. From luxurious high-rises to affordable housing, Kolkata has something for every buyer. Explore top projects offering world-class living spaces, superior connectivity, and excellent investment opportunities.

[sremonconstructio]

Discover the Best Residential Projects in Kolkata: Your Gateway to Luxurious Living

Kolkata, the cultural capital of India, is not just known for its rich history and vibrant heritage but also for its dynamic real estate market. If you’re in search of the best residential projects in this bustling metropolis, look no further. Best Residential Projects in Kolkata Here’s a curated list of top residential developments that promise luxury, comfort, and unparalleled living experiences.

1. Sremon Shree

At the forefront of luxury residential projects in Kolkata is Sremon Shree. Nestled in the heart of the city, this project offers a blend of modern amenities and traditional charm. With spacious apartments and top-notch facilities, Sremon Shree ensures a lifestyle of comfort and elegance. Explore more about this exceptional project here.

2. The 42

For those who desire a blend of sophistication and convenience, The 42 is an ideal choice. Standing tall as one of the tallest residential towers in Kolkata, it offers breathtaking views of the city skyline and boasts a range of high-end amenities, including a swimming pool, fitness center, and landscaped gardens.

3. Merlin 5th Avenue

Located in the vibrant neighborhood of New Town, Merlin 5th Avenue is synonymous with luxury and convenience. The project features contemporary design elements, spacious apartments, and a host of modern amenities, making it a perfect choice for families and professionals alike.

4. Godrej Prakriti

Godrej Prakriti is a name that resonates with quality and trust. Situated in the serene locale of Baranagar, this project offers a green and sustainable living environment with well-planned layouts, modern amenities, and ample open spaces, ideal for those seeking a peaceful retreat from the city’s hustle and bustle.

5. PS Srijan

PS Srijan is another premier residential project that stands out for its architectural brilliance and state-of-the-art facilities. Located in the bustling area of South Kolkata, it provides easy access to key city landmarks while offering a haven of peace and comfort within its premises.

6. Siddha Waterfront

If you’re looking for a residence with a touch of luxury and a view to match, Siddha Waterfront is the place to be. Overlooking the serene water bodies, this project combines elegant living spaces with recreational facilities, ensuring a lifestyle of relaxation and sophistication.

Conclusion

Kolkata's real estate market is flourishing with various residential projects catering to diverse preferences and budgets. Best Residential Projects in Kolkata From high-rise towers to serene green retreats, the options are abundant. For a comprehensive view of these projects and to find the one that best suits your needs, visit Sremon’s portfolio and explore the premier residential offerings in Kolkata. Whether you’re looking for a modern abode or a luxurious retreat, these projects promise to deliver the best of urban living.

Feel free to share this article with anyone looking to make a move to Kolkata or those interested in the city’s real estate market.

[saurabhkashyup]

Sobha Sector 36 Greater Noida | Buy Beautiful Apartments

Sobha Sector 36 Greater Noida provides highly desirable 3 and 4 BHK residences situated in a tranquil residential area within the Greater Noida region. The accommodation is strategically situated in close proximity to important landmarks such as Indira Gandhi International Airport, Yamuna highway, Noida-Greater Noida motorway, Delhi Public School Greater Noida, Logix City Centre Mall, ISKCON Temple, and Ghaziabad Junction. This location offers numerous advantages. Furthermore, this development provides a variety of modern amenities including uninterrupted availability of water and electricity through power backup systems, Wi-Fi connectivity, constantly monitored security measures, pool and a clubhouse, designated areas for yoga and meditation, a cycling track, outdoor and indoor recreational facilities for children and easily accessible car parking facilities.

Prime Location: Sobha Sector 36

An outstanding attribute of this property is its optimal orientation for domestic utility. The tremendous and rapid growth of Greater Noida has led to its widespread reputation as a very desirable residential hub, largely due to its very near proximity to key geographical regions such as Delhi and Kolkata. This location in India enjoys strong connectivity facilitated by major national highways such as the Yamuna route and Noida-Greater Noida route.

Architecture:

This kind of residential flats transcends their utilitarian function and instead embodies a certain location and individual preferred lifestyle. The 3 and 4 BHK apartments at Sobha Sector 36 Greater Noida have been meticulously planned to offer spacious living areas, exceptional natural lighting and adequate air circulation. Contemporary features are incorporated into the design of architecture.

Luxurious Amenities:

The property features a meticulously designed and tastefully adorned clubhouse that effectively promotes social engagement among the members. The organisation offers an extensive facility that includes a gym, swimming pool, and sports facilities, especially tailored for individuals who place a high value on physical fitness. The carefully kept gardens and the surrounding open areas establish a peaceful atmosphere that encourages relaxation and cultivates a deep respect for the environment. In addition, Sobha Projects Sector 36 Greater Noida has designated zones for persons of all age groups, ensuring that every family member may appropriately access and enjoy their surrounding environment.

Security:

The facility is equipped with advanced security measures, including continuous CCTV surveillance, a gated compound supervised by extensively trained security staff and several additional facilities. The availability of ample parking spaces, dependable power backup and a top-notch water supply greatly enhances the overall living of people.

Conclusion:

This project investigates a widely studied purchasing behavior displayed by people who highly value contemporary conveniences and a feeling of inclusion within a supportive social group. This project comprises three one-bedroom apartments and four one-bedroom houses each especially designed to accommodate various living requirements. The distinguishing features of Sobha Projects in Greater Noida are its advantageous geographical position, outstanding architectural design, outstanding goods and steadfast dedication to environmental sustainability.

[homestoreys]

Top Real Estate Developers in Kolkata to Trust

Find reliable real estate developers in Kolkata for your next property purchase. These developers offer a range of residential and commercial projects tailored to different budgets and preferences. From luxury flats to affordable homes, they deliver high-quality construction and timely completion.

[spectruminteriors]

A Fascinating Journey: Inside the Realm of Kolkata's Best Interior Decorator

Step into the enchanting world of interior design in Kolkata, where creativity knows no bounds and spaces are transformed into breathtaking works of art. Join us on a mesmerizing journey as we unravel the story behind Kolkata's best interior decorator, Spectrum Interiors. From humble beginnings to soaring success, get ready to be inspired by their unique design style and signature touches that have captured the hearts of many. So, buckle up as we delve into exquisite interiors and unrivalled creativity!

Meet the Top Interior Decorator in Kolkata

Step into the enchanting world of interior design in Kolkata and meet the maestro behind Spectrum Interiors, renowned as one of the best interior designer in Kolkata. With a keen eye for detail and a passion for creating spaces that exude elegance and style, this designer has carved a niche for themselves in the competitive industry.

Their journey to the top has been remarkable - fueled by creativity, dedication, and an unwavering commitment to excellence. Through years of hard work and honing their craft, they have established themselves as a force to be reckoned with in Kolkata's vibrant design scene.

What sets Spectrum Interiors, a reputable interior design company in Kolkata, apart is their unique design style and signature touches that breathe life into every project they undertake. From sleek modern interiors to timeless classic designs, their portfolio showcases diverse projects that reflect their versatility and creativity.

The Journey of Becoming a Successful Interior Decorator

Embarking on the journey to become a successful interior decorator is like stepping into a world where creativity knows no bounds. It often starts with a passion for design, an eye for detail, and a knack for transforming spaces. Many aspiring decorators begin by honing their skills through formal education or hands-on experience in the field.

The path to success in this industry is sometimes linear; it involves dedication, perseverance, and continuous learning. From mastering colour schemes and furniture arrangement to understanding architectural elements and client preferences, every step shapes one's growth as a decorator. This journey, though challenging, is enriching and can inspire you to push your boundaries and strive for excellence.

Building a reputation as an adept interior decorator requires more than technical skills – it demands effective communication with clients, staying updated on trends, and cultivating a unique design aesthetic that sets you apart. As decorators navigate through projects big and small, each experience contributes to their evolution in interior design.

Unique Design Style and Signature Touches

Step into the realm of Kolkata's best interior designing company, Spectrum Interiors, and discover the unique design style that sets them apart in the industry. Each project undertaken by Spectrum Interiors is infused with a distinct touch that reflects a harmonious blend of functionality and aesthetics. Their design style is unique; it's a masterpiece in itself, ready to captivate your imagination.

Their signature touches often include incorporating elements of traditional Indian craftsmanship into contemporary designs, creating timeless and modern spaces. From intricate woodwork to vibrant textiles, every detail is carefully curated to showcase a perfect balance of culture and innovation.

Spectrum Interiors' design style is characterized by clean lines, bold colours, and luxurious textures that create inviting living spaces. Their ability to seamlessly integrate different styles while maintaining coherence throughout the design process truly showcases their expertise in the field.

Whether it's a cosy residential space or a sprawling commercial project, Spectrum Interiors, a top-notch interior designer in Kolkata, infuses each project with its unique flair for design. Experience firsthand how they transform ordinary spaces into extraordinary works of art through their unparalleled creativity and vision.

A Look into Their Portfolio – Showcasing Their Best Work

Stepping into the realm of the leading interior decoration company in Kolkata, Spectrum Interiors is like entering a world where design meets artistry. Their portfolio speaks volumes about their unparalleled creativity and attention to detail.

Each project in their portfolio tells a unique story – from elegant modern spaces to luxurious traditional interiors. The use of colours, textures, and lighting is truly mesmerizing. Their portfolio is a testament to their creativity and attention to detail, ready to leave you in awe of their design prowess.

One glance at their portfolio, and you'll be captivated by the seamless blend of functionality and aesthetics in every room they touch. Whether it's a cosy living room or a sophisticated office space, Spectrum Interiors transforms any environment into a masterpiece.

Their ability to tailor each design to suit the client's preferences while adding their signature touches sets them apart. With an eye for perfection and a passion for innovation, Spectrum Interiors continues to redefine interior design in Kolkata.

Conclusion

This fascinating journey into the realm of Kolkata's best interior decorator has been a true delight. Spectrum Interiors stands out as one of the top interior designers in Kolkata, with their unique design style and signature touches that bring spaces to life.

From humble beginnings to becoming a successful interior decorator, the dedication and passion behind Spectrum Interiors' work are truly inspiring. Their portfolio showcases diverse projects, each displaying creativity and attention to detail.

For aspiring interior decorators, remember that success is only achieved after some time. It takes hard work, perseverance, and a keen eye for design to make your mark in this competitive industry. Learn from the best, like Spectrum Interiors, and always strive for excellence in every project you undertake.

In Kolkata's vibrant interior design world, Spectrum Interiors shines brightly as a beacon of creativity and innovation. Let their journey inspire you to become a sought-after interior decorator in this dynamic cityscape.

[propertiesupdates]

Emami New Launch at New Alipore in Kolkata

Emami's new launch in New Alipore, Kolkata, features a sophisticated residential project offering contemporary apartments with top-notch amenities. This development promises a blend of luxury and comfort in a prime location. For more info. you can contact on: +91 8448367360

[gssoftwareposts]

Top Water Pipe supplier in Kolkata 

In a city like Kolkata, where infrastructure challenges and diverse building types require specific solutions, selecting the right supplier is key. Among the many water pipe suppliers in Kolkata, R Classic/MS Plasto stands out as a top choice for both residential and commercial projects. Known for their commitment to quality, innovation, and customer satisfaction, they have become a trusted name in the industry.

Why High-Quality Water Pipes Matter

Water pipes are the arteries of any building’s plumbing system, carrying water to every faucet, appliance, and fixture. If these pipes are of low quality, the consequences can be dire, leading to frequent leaks, water contamination, and costly repairs. Poor-quality pipes can corrode over time, causing not only water damage but also potential health hazards if they contaminate the water supply. This is why investing in high-quality pipes from a reliable supplier like R Classic/MS Plasto is essential.

The R Classic/MS Plasto Commitment to Quality

R Classic/MS Plasto is not just another name in the market; they are recognized as a top water pipe supplier in Kolkata, offering products that meet the highest standards. The company’s pipes are made from premium materials that ensure durability, corrosion resistance, and longevity. Whether you need pipes for residential plumbing, industrial applications, or large commercial projects, R Classic/MS Plasto has the expertise and product range to meet your needs.

One of the key reasons why R Classic/MS Plasto is considered a top water pipe supplier in Kolkata is their adherence to quality control. Every pipe is rigorously tested to ensure it meets the stringent requirements of modern plumbing systems. This attention to detail is what sets them apart from other suppliers in the market.

Types of Water Pipes Offered

R Classic/MS Plasto offers a wide range of water pipes designed to cater to various needs. Some of the most popular types include:

PVC Pipes: Known for their versatility and cost-effectiveness, PVC pipes are widely used in residential plumbing. They are resistant to corrosion, chemical damage, and are easy to install.

HDPE Pipes: High-Density Polyethylene (HDPE) pipes are ideal for underground water supply systems. They are flexible, durable, and can withstand extreme environmental conditions.

CPVC Pipes: Chlorinated Polyvinyl Chloride (CPVC) pipes are suitable for both hot and cold water applications. They are resistant to heat and corrosion, making them a great choice for industrial applications.

PPR Pipes: Polypropylene Random Copolymer (PPR) pipes are highly resistant to chemicals and are ideal for transporting drinking water. They are also known for their long service life.

Metal Pipes: For specific industrial needs, R Classic/MS Plasto also offers a range of metal pipes that are highly durable and resistant to high pressure.

Choosing R Classic/MS Plasto as your water pipe supplier in Kolkata comes with several benefits beyond just quality and cost. Their commitment to customer service ensures that you receive expert advice, timely deliveries, and after-sales support. Whether you are a contractor working on a large commercial project or a homeowner undertaking a small renovation, R Classic/MS Plasto provides the same level of attention and care to ensure your project’s success.

 Uses

The versatility of R Classic/MS Plasto’s product range means that their pipes are suitable for a wide array of applications:

Residential Plumbing: From small homes to large apartment complexes, their pipes ensure a reliable and long-lasting water supply.

Commercial Buildings: Office complexes, hotels, and shopping malls benefit from their durable and efficient piping systems.

Industrial Applications: Factories and industrial plants require robust pipes that can withstand high pressures and temperatures, which R Classic/MS Plasto’s products can easily handle.

Agricultural Use: Their HDPE pipes are particularly popular for irrigation systems, offering flexibility and resistance to harsh environmental conditions.

Infrastructure Projects: Large infrastructure projects, such as water supply systems and sewage networks, require high-quality pipes that can endure heavy usage, which is where R Classic/MS Plasto excels.

Conclusion

In the competitive market of water pipe suppliers in Kolkata, R Classic/MS Plasto has earned its reputation as a top choice for quality, reliability, and customer service. Their wide range of products caters to diverse needs, from residential plumbing to large industrial applications. With a commitment to quality, competitive pricing, and a focus on sustainability, R Classic/MS Plasto is the go-to supplier for anyone looking to invest in the best water pipes for their project.

[amityuniversitykolkata]

Instill Your Creative Side With Amity’s Interior Design Course in Kolkata

Interior designing is an outstanding career choice if you have the passion and creativity to design various corporate and residential spaces. There are a number of the best colleges for interior design in India that provide all the undergraduate and postgraduate interior design courses to interested students. Getting the degree from the right college can help you make a successful career in this industry.

Program Structure 

The four-year Bachelor in Interior Design program at Amity School of Design, Kolkata is a great combination of a strong theoretical foundation and practical training which prepare students for professional practice, making it the best interior design college in Kolkata. The curriculum of the interior designing course covers a wide range of subjects, including:

Design fundamentals (colour theory, space planning, composition)

History of interior design

Building materials and construction

Computer-aided design (CAD) and 3D modelling

Furniture design and ergonomics

Lighting design

Sustainable design practices

Project management

Professional communication

Practical learning exposure 

In Amity School of Design, one of the top interior design university in Kolkata, the program stresses on hands-on learning approach through various studio projects, workshops, and guest lectures by industry experts. Students gain practical experience by working on real-world design projects.

Why choose the Interior Design course? 

For people who like decorating places and filling them with life, this interior design course opens up a door to great opportunities. The course provides you with valuable skills that give you a fulfilling and creative career. 

Diverse career opportunities

The field provides a wide range of career paths like designing a residential space or filing life and energy into a commercial space. You can take up commercial design, shaping office spaces or retail stores or get a specialisation in hospitality design, creating inviting hotels or restaurants. 

Improved job satisfaction

If you absolutely love giving makeovers to the spaces and seeing your ideas come to life, a career in interior design can be very satisfactory. Experiencing the positive impact your designs have on people's lives is extremely rewarding..

Strong demand and growth

The interior design industry is expected to grow in the coming years, with a projected increase in job opportunities. This growth is fueled by factors like rising disposable income, increasing demand for well-designed workspaces, and growing awareness of the impact of design on well-being.

Conclusion 

If you love designing both beautiful and functional spaces creating beautiful environments, and reflecting your artistic vision, then the Interior Design course at Amity School of Design can be an outstanding choice for your future. Hurry up and apply today to the top interior design university in Kolkata - Amity Kolkata.

Source: https://amityuniversitykolkata.blogspot.com/2024/08/instill-your-creative-side-with-amitys.html

[torbitconsultants]

Premium Launches Drive Residential Sales

With a significant rise in the supply of high-value projects in the past few quarters, residential real estate has got a major boost with a noticeable growth in housing sales.

The number of residential units launched in the first half of 2024 reached a record high of 159,455, according to JLL. This translates to approximately 55 percent of the total units launched throughout the entire year of 2023. The supply of new residential projects has shown consistent growth this year.During the  first half of 2024, majority of the new residential projects launched were in the upper-mid segments (INR 1-3 crore). However, there has been a significant growth in the share of premium and luxury segments compared to the same period in 2023. Developers have adapted their product launches and marketing strategies to meet changing buyer preferences, especially after the pandemic. As a result, there has been a noticeable increase in the supply of high-value projects in the past few quarters. In H1 2024, premium projects accounted for approximately 12 percent  of new launches, while luxury projects accounted for around 6 percent.

During Q2 2024 (April-June 2024), Bengaluru, Mumbai and Delhi NCR emerged as the top cities in terms of new project launches, accounting for around 60 per cent share. Interestingly, among the three metro cities, Delhi NCR stood out with a significant 64 per cent share in Q2 high-end launches (homes priced INR 3 crore and above) as several prominent developers focused on launching luxury projects in Delhi NCR, particularly in Gurugram.

Source: Real Estate Intelligence Service (REIS), JLL Research

The current year has witnessed an impressive increase in both launches and sales momentum, with approximately 54-57 percent of last year’s total volume already achieved in just half a year.  The  consistent growth can be attributed to the successful launch of strategically tailored products by developers who have carefully assessed market demand and dynamics. Interesting to note, sales momentum has successfully complemented the new launches with around 30% of the H1 2024 sales (154,921 units) being contributed by projects that got launched during the last six months. Listed and reputed developers, consistently bringing in a substantial supply over the past few years have played a key role in this growing trend”, says Dr. Samantak Das , Chief Economist and Head of Research and REIS, India, JLL.

Premium segment residential market surges with a remarkable 169% Y-O-Y increase in H1 2024

Source: Real Estate Intelligence Service (REIS), JLL Research

“There has been a notable surge in launches within the premium segment (priced between INR 3-5 crore) and luxury segment (priced above INR 5 crore) compared to other segments. In H1 2024, launches in the premium segment surged by 169 percent  Y-o-Y, followed by a 116 percent  Y-o-Y increase in luxury segment launches. On the contrary, the mid segment projects (priced between INR 50 lakh -1 crore) experienced a 14 percent Y-o-Y decline during the same period. This speaks about developers’ active response to the surge in demand for high value homes among the target clientele” says Siva Krishan, Senior Managing Director (Chennai & Coimbatore), Head- Residential Services , India JLL. 

Residential Prices on the Upsurge

Q2 2024 continued to witness residential price growth in the top seven cities (Delhi NCR, Mumbai, Chennai, Hyderabad, Bengaluru, Pune, Kolkata) of India, with Y-O-Y price increase ranging from 5 percent  to 20 percent. The highest price increase was observed in Delhi -NCR, with a significant jump of approximately 20 percent , while Bengaluru followed closely with around 15 percent increase.

While Bengaluru has been witnessing around 15 percent  growth Y-o-Y over the last few quarters, around 28 percent of its Q2 2024 new launches being sold out during the same quarter has acted as a driver for Y-o-Y price growth during the quarter. Furthermore, capital value increase at Whitefield and North Bangalore locations have acted as a catalyst. Availability of under-construction inventory in these cities getting restricted, is resulting in subsequent surge in prices. In response to the high demand for newly launched projects, developers are as well launching new phases of existing projects at elevated price levels, resulting in overall property price growth.

Residential sales momentum continued to be on a high growth curve in the first half of 2024 driven by strong supply from reputed developers, favourable economic conditions, and positive buyer sentiments. The period recorded highest ever half yearly sales, with a remarkable 22% increase compared to the same period in 2023, totalling 154,921 units. This upward trajectory in demand paves the way for sustained growth in the residential market. Most of the cities witnessed robust y-o-y growth in sales volume with the markets of Bengaluru, Mumbai, Pune, and NCR accounting for around 80% share in half-yearly sales.

In line with the trend observed in launches, in the first half of 2024, the sales of premium category projects (priced between INR 3-5 crore) saw a remarkable y-o-y growth of around 160 percent . Similarly, the luxury segment (priced above INR 5 crore) also experienced a significant sales increase of 60 per cent compared to the same period in the previous year.

Source: Real Estate Intelligence Service (REIS), JLL Research 

As of Q2 2024, unsold inventory across the seven cities increased marginally on a Y-o-Y basis as launches outpaced sales. However, it is interesting to note that months to sell has declined Y-o-Y from 30 months in Q2 2023 to 24 months in Q2 2024. 

Looking Ahead 

The outlook for residential sales in 2024 remains positive, with an expected range of 315000 to 320000 units. This projection is based on the sustained growth momentum in the market. Additionally, supply is expected to match the demand as established developers are acquiring land in prime locations and growth corridors to launch their projects in the near to medium term. Some developers are also considering expanding their portfolio and entering new markets to increase their presence nationwide.

[residentialpropertie]

Buy Residential Property in Orbit Ekam

Are you looking to buy a new residential Project in Lower Rawdon Street, Kolkata . Orbit Group is the top tranding project developed by Orbit Ekam, offering 4 BHK residential Properties. By Buying in Orbit Ekam, You will get here your dream home.

For More Information :-

Lower Rawdon Street, Kolkata

Tel:- 8448367360

Visit Us:- https://www.orbitekam.com/

[ceebeedesignstudio]

The Benefits Of Having Home Interior Design: Residential Project

Are you aware of the benefits of having home interior design for your residential project? Discover interior design in Kolkata with top interior designers from the best companies, including Cee Bee Design Studio. Find the top 10 famous interior designers in Kolkata for your dream home.

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In Top Seven Cities in Q1 FY25, Supply of Affordable Housing Drops by 21%.

According to JLL India, the number of newly constructed affordable apartments (those priced under Rs 50 lakh) fell by 21% in seven major cities between April and June as more luxury flats are being offered by builders. Data on the housing markets of the top seven cities was issued by real estate consultancy JLL India on Friday. It revealed a 5% rise in the number of newly constructed apartments, from 151,207 units in the same time last year to 1,59,455 units from April to June of 2024.

Only apartments are included in the data. Plotted projects, rowhouses, and villas have not been included in the report.

Affordable flat supply in the June quarter accounted for 13,277 units of the total new supply, a decrease of 21% from 16,728 units in the same period the previous year.

The number of flats launched, which ranged in price from Rs 50 lakh to Rs 1 crore, decreased by 14% to 47,930 units from 55,701 units.

Within the price range of Rs 1-3 crore, there was a 3% increase in new supply, reaching 69,312 units from 67,119 units.

The number of flats launched, with prices ranging from Rs 3-5 crore apiece, more than doubled to 19,202 from 7,149 units.

In a comparable way, the new supply more than doubled to 9,734 units from 4,510 units in the category above Rs 5 crore.

Speaking about the pattern of an increase in the supply of high-end homes and a reduction in the supply of affordable homes, Siva Krishnan, Senior Managing Director (Chennai and Coimbatore), Head-Residential Services, India, JLL, noted that this indicates the active response of developers to the spike in demand for high-end homes among the target market.

According to the consultant, demand drove up flat sales in seven big cities, where they increased 22% from 126,587 units sold in April to June of 2024 to 154,921 units.

Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad, Pune, and Bengaluru are these seven cities.