Why Invest in Under-Construction Properties in Kolkata?

Posted by Rajesh Talukdar
6
Sep 5, 2024
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Investing in under-construction properties in India is common and advantageous, but choosing an under-construction IGBC-certified building in Kolkata offers a unique opportunity and a pleasant surprise to many buyers.

Kolkata has seen tremendous growth in the real estate sector, with a surge in demand for both completed and under-construction residential properties. Investing in properties that are still being built has become increasingly popular due to several key benefits.

Benefits of Investing in Under-Construction Properties:

  1. Early Entry Advantage: Buying an under-construction property allows you to enter the market early, securing a property at a more affordable price compared to completed projects. This offers the chance to customize the space according to your preferences and create your ideal living environment.

  2. What are IGBC Buildings? The Indian Green Building Council (IGBC) certifies buildings that prioritize sustainability, aiming to reduce energy consumption, minimize pollution, and conserve natural resources. Many top apartment projects in Kolkata now include IGBC-certified options, making eco-friendly investments easier than ever. With Kolkata becoming a hotspot for IGBC real estate investments, under-construction projects with these certifications are expected to yield high returns over time.


Why Consider Under-Construction Projects in Kolkata?

Advantages of Investing in Under-Construction Properties:

  • Prime Locations: These projects offer access to prime locations. Buyers can purchase beautifully crafted apartments in sought-after neighborhoods at affordable prices, allowing them to enjoy top amenities and prime real estate.

  • Customization Opportunities: Under-construction projects allow buyers to personalize their new homes, from floor plans to interior designs, to suit their specific tastes and needs.

  • Higher Returns on Investment: Investing early in an under-construction property often results in substantial future returns. As the property's value appreciates over time, buyers benefit from a lower initial investment cost and potential for significant profit.

  • Modern Amenities: These properties come with a range of modern amenities, such as fitness centers, swimming pools, landscaped gardens, and recreational spaces, enhancing the overall lifestyle of residents.

  • Lower Maintenance Costs: Under-construction properties generally require less maintenance in the early years, offering a cost-effective way to own a home.

  • Tax Benefits: Buyers of under-construction properties in Kolkata are eligible for tax benefits and exemptions under the Income Tax Act, increasing the overall return on investment.


Why Choose Oswal Group for Under-Construction Projects?

Oswal Group presents Orchard Amritaya, a premier riverside apartment project in Kolkata featuring 369 luxury flats with stunning views of the Ganga River. This IGBC-certified project seamlessly blends modern amenities with natural beauty, offering facilities like landscaped gardens, rainwater harvesting, and seamless connectivity. At Orchard Amritaya, buyers can experience financial growth, stability, and ultimately, financial freedom.

Start your investment journey with an under-construction property at Orchard Amritaya, and enjoy the luxury of riverside living in Kolkata.


FAQs

1. What are the benefits of investing in under-construction properties in Kolkata?

You can secure a property at a lower price, customize your dream apartment, and enjoy higher returns as the property value appreciates over time.

2. Are under-construction properties in Kolkata riskier investments?

No, investing early in under-construction properties is not riskier. On the contrary, it can be very profitable as the property's value increases over time.

3. Do under-construction properties in Kolkata offer tax benefits?

Yes, they do. Buyers can enjoy various tax benefits and exemptions under the Income Tax Act.

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