Launching Amistad, a residential project in New Town, Kolkata

Last Updated: Fri, Jun 22, 2018 20:21 hrs

[India], June 22 (BusinessWire India): With an aim to capitalise the bourgeoning real estate market in Rajarhat, launching Amistad, where life is for the like-minded, a residential project in the best location of New Town, beside TCS Gitanjali Park.

Amistad will be offering sustainable, green homes with amenities that bring its residents together. Residents wouldn't be sharing just a wall with their neighbours, they would share a life. A unique feature, the co-working space is tailor-made keeping in mind the working individuals and the new age working hours.

The 2 and 3 BHK homes are all three sides open and well within the price range of people employed in the IT and ITeS segments. The entire residential project will be Wi-Fi enabled and since it's situated in such a prime location, round-the-clock connectivity will never be a cause of concern.

Moreover, the upcoming metro corridor and Major Arterial Road (MAR) extension will further ease the troubles of daily commuting.

Rajarhat is Kolkata's centre of gravity with new hotels, hospitals, parks and commercial facilities, creating a compelling traction for increased residential offerings. There is perhaps no quantum of development of this scale between an existing city and an airport anywhere in the country.

Rajarhat is also at the cusp of an exciting transformation once the metro railway network passes through it by 2020, shrinking commuting time by half. It has already enriched its early birds, reporting an 8 percent appreciation annually across 48 months in a sluggish realty market. It represents a mix of premium and affordable

Kolkata's Sector V is the IT capital of Bengal, home to several prominent companies (HCL Technologies, Capgemini, Tech Mahindra, IBM, Wipro, TCS, IBM, among others) who have established their base, resulting in residential demand spillover into Rajarhat.

Rajarhat will capitalise on two metro rail linkages - the East-West Metro that culminates in Sector V, which is adjacent to Rajarhat and the Airport-Garia link that passes through Rajarhat. We believe that these linkages will transform the 'oh, so far' observations into a welcome 'pretty close' recall.

The increased working population in the vicinity represents positive prospects for developers and the real estate sector at large. (BusinessWire India)



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