Overview: City Centre 2, Kolkata

Position and Connectivity

• City Centre 2 is located in Rajarhat New Town, Kolkata, a well-planned and rapidly growing area.
• This locality offers a strong network of roads and is close to numerous big IT hubs and commercial centers.
• The new Yellow Metro Line will boost the area’s connectivity even more.

Real Estate Choices

• Living Spaces: Find a range of housing options from 1 BHK to 4 BHK apartments, along with standalone houses and villas available for rent or purchase.
• Interiors: From fully furnished to bare essentials, the properties suit different needs and budgets.

Pricing Details

• Purchase Costs:
  • Costs per square foot vary by location in New Town. Some places are priced at ₹ 4,612/sq. ft, while areas in Rajarhat New Town can cost up to ₹ 10,426/sq. ft.
  • For example, a project near City Centre 2 might list a 2 BHK flat at ₹ 40 Lac, with options ranging from ₹ 72 Lac to ₹ 1.66 Cr.
• Rental Prices:
  • Monthly rents range from ₹28,000 to ₹80,000 based on size and property status.

Amenities and Facilities

• Features: Premium amenities include sports facilities, parking, gardens, on-site shops, and 24/7 security.
• Workplaces: Near several major IT companies, making it great for IT professionals.

Real Estate Trends

• Interest and Growth: The region is rapidly developing, but residential demand is currently low, possibly slowing property value increases.
• Future Plans: With new and pending infrastructure projects, including the Yellow Metro Line, long-term growth and better connectivity are likely.

PropertyWala’s Final Thoughts

City Centre 2 in Rajarhat New Town, Kolkata, stands out as a great choice for both buyers and renters. Its strategic location, diverse property options, and ongoing development programs make it appealing. IT sector workers will particularly benefit. Still, when buying, investors should weigh the current low residential demand. Renters can choose from various furnished and unfurnished spaces at different price levels. The area’s future growth and upcoming infrastructure projects hint at promising real estate opportunities.