Will We Witness a Stable Interest Rate Regime for Some Time?
Worldwide, interest rates are stable now. Although, the expectation that they would come down has not materialized so far. The good news is that inflation is not rising. It seems stable for now, although not coming down. Most central banks in the world are bracing up for interest rates to remain high for somewhat longer. …
NK Realtors
Why 2019 has Turned out to be the Best Time to Buy a Property
Hyderabad-based businessman, Rajnish Tripathi has been tinkering with the thought of buying a property since December last year. He wanted to make sure that he invested when the time was right. It was when his friend and tax consultant, Senthil Srinivasan, convinced him that the property prices are more affordable now than at any time…
NK Realtors
Gems City: A Treasure Trove of Luxury Within Your Reach
25+ Towers — 2500+ apartments — 300+ Bungalows — Kolkata’s hottest residential address, Gems City, is finally here! Endorsed by none other than the former Miss Universe and Bollywood star Sushmita Sen, Gems City, spread over 50 acres of land, is the home you’ve always dreamed of. The conveniently-located 50-acre mega residential project, enveloped in…
Does the MCLR Rate Hike by Banks Signal Higher Interest Rate Regime?
Kolkata-based businessman Akash needed a home loan but the recent move by the State Bank of India — the nation’s largest bank — has made him anxious about the idea of applying for a bank loan. Not just Akash, loan borrowers all over the country are worried about the possibility of home loan rates going…
How Should You Choose Your Banker for Availing Home Loan?
Moving into one’s dream home is indeed a dream for many, but buying a home is no less a daunting task. There are several aspects to be considered, starting from choosing the property, completing the documentation, and finally getting the home financed. Home loan, in recent times, is a boon for home buyers. However, there…
Some Great Locations to Buy Flats in Kolkata for Investment
As spaces for new development in mainland Kolkata shrink with time, locations around the fringes of the city are rapidly emerging as the nerve centre of Kolkata’s real estate investment, promising impressive returns over a mid to long-term time spread. These areas, which have already grabbed the attention of real estate investors, are increasingly becoming…
Why You Should Buy a Flat in Joka
As a keen market observer, NK Realtors foresees tremendous scope in residential complexes coming up in Joka, one of the fastest growing real estate locations in South-West Kolkata. Here’s why we think it makes sense for families, returning NRI’s, couples, and retirees alike to buy a flat in Joka offered by many excellent real estate…
Why Waiting for Lower Property Prices in Kolkata Can Be Disappointing
The Indian government’s decision to withdraw notes of Rs 500 and Rs 1,000 was intended to attack the black economy, keep a tag on transactions, and minimising cash transactions. A natural corollary to this was a likely hit to the real estate sector, which, for long, has been considered a refuge for unaccounted money. The…
Buying a Flat in a Residential Complex vs Standalone Building in Kolkata: the Pros and Cons
Sharmila returned to Kolkata after spending 6 years in Mumbai. She was divorced with one lovely 4-year-old daughter. An economist by profession, she was a little worried about career opportunities in Kolkata. It was exactly six years since she came to live in Mumbai with her ex-husband Sudip and pursue her dreams of chasing a…