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Understanding Kolkata’s Joka Real Estate Trend: A Conversation between Friends

28 August, 2024
Kolkata’s Joka real estate trend-budget

Avijit and Sailesh had been friends since their college days, and despite their busy lives, they made it a point to meet up regularly. This time, they chose a cosy café in South Kolkata, a place where they could relax and catch up. As they settled into their seats with steaming cups of coffee, Avijit couldn’t help but beam with contentment.

“You look unusually cheerful today,” Sailesh remarked, taking a sip of his coffee.

“Life’s good, my friend,” Avijit replied. “Ever since I moved to Gems City in Joka, everything’s changed for the better. Have you been following Kolkata’s Joka real estate trend? It’s amazing how much the area has developed.”

Sailesh raised an eyebrow, intrigued. “Joka, huh? I’ve heard mixed reviews. Isn’t it too far from the city centre?”

Avijit chuckled, shaking his head. “That’s the common perception. But with the upcoming Joka-Esplanade Metro line, everything is going to change. Imagine travelling to the city centre in just a few minutes from our peaceful, green neighbourhood. It’s going to be fantastic.”

Sailesh leaned in, curiosity piqued. “That does sound convenient. But how’s the daily commute otherwise? Apart from the Metro, I mean.”

“At the moment it’s not great, but it will be!” Avijit said enthusiastically. “Once the four lane-ing of Diamond Harbour Road is completed, and the encroachments along it and James Long Sarani are cleared, getting around will be a breeze. And with the Metro project nearing completion, the demand for residential projects in Kolkata’s Joka is set to surge. Now is the perfect time to invest!”

Sailesh nodded thoughtfully, considering this new information. “What about the pricing, though? I’ve seen advertisements of a few places along Diamond Harbour Road, and the costs are higher than what you say you forked out.”

Avijit’s grin widened. “That’s the best part about Joka. You get more bang for your buck if you go off the main Diamond Harbour Road on to the parallel sub-arterial, Bakrahat Road. The flats are much more affordable and you don’t have to compromise on quality. My 3BHK flat is spacious, luxurious, and equals the price of a 2BHK on Diamond Harbour Road.”
“Really?” Sailesh exclaimed, genuinely surprised. “I thought I’d have to settle for something smaller within my budget.”

“Not at all,” Avijit assured him. “Whether you’re looking for a 1BHK flat or a 3BHK bungalow, projects like Gems City on Bakrahat Road offer a variety of options to suit every budget and lifestyle. And the amenities are top-notch.”

“What kind of amenities are we talking about?” Sailesh asked, now fully engaged.

“Well, for starters,” Avijit began, “we are going to have a 40,000 sq. ft. lifestyle club, sprawling parks, swimming pool, and even a community centre. Plus, for families, there is an excellent international school running on the campus, called Gems Akademia International School, and top-notch healthcare facilities outside the campus.”

Sailesh’s eyes widened with interest. “That sounds like a dream! But what about other essential amenities within the campus?”

Avijit smiled, enjoying his role as the informer. “We’ve got children’s play areas, sports facilities, and in the foreseeable future, there will be convenience stores right within the residential complex. Everything you need will be just a stone’s throw away.”

Sailesh laughed. “You’re really selling this place to me! But what about the future? Is it really a good investment?”

Avijit leaned in, lowering his voice as if sharing a secret. “Here’s the kicker: property values in Joka are steadily appreciating. With all the infrastructure projects underway, including improved road networks and additional public transport options, the value is only going to rise. Since I bought mine four years ago, the price has already appreciated significantly! It’s a sound financial decision.”

“Hmm,” Sailesh pondered, clearly tempted. “It does sound promising. But is it just about the investment, or is there more to it?”

“It’s about embracing a lifestyle,” Avijit said warmly. “Joka offers a serene, green environment with lower pollution levels compared to central Kolkata. It’s perfect for a healthy, balanced lifestyle. Plus, being part of a forward-thinking community is priceless.”

Sailesh grinned, feeling the excitement build. “You’ve convinced me. Maybe it’s time I seriously consider moving to Joka. Gems City, you say?”

“That’s right!” Avijit exclaimed. “Dive into the exciting world of Kolkata’s Joka real estate trend and make the smart choice. Trust me, you won’t regret it.”

With that, the two friends raised their cups in a toast, sealing the beginning of Sailesh’s new adventure.

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