In today’s ever changing environment, investing in real estate industry Durgapur is considered to be a well-thought option rather than depositing the money in the bank for the low rate of interest. The appreciation or rent attained through property investment is generally higher.
Durgapur came into existence because Dr. Bidhan Chandra Roy dreamt and envisaged his thought about the creation of a city that could compete with some of the renowned and advanced cities of India in terms of standard of living, infrastructural growth, and proper education and medical facilities. In 1926, the city experienced its first vibe with the establishment of the Durgapur Steel Plant and the Alloy Steel Plant. Vegetation was cleared, townships were built, the roads were constructed, the transportation system was launched; and suddenly “the forest city” which had been slumbering silently beside river Damodar started bustling with the heterogenous vibrations of human activities. Since then, until today, Durgapur has gone through several stages of development and has completely transformed itself into a city that possesses almost every quality of a metropolis. From renowned schools, hotels, malls, movie theaters and parks; the city of Durgapur houses everything that is required for a better living. Being situated just 168km away from West Bengal’s capital, Kolkata and well-connected by the national highway number 2, Durgapur has become the top choice of many big brands who have invested in the city’s niche and is gaining hugely through an extensive customer base.
One among many, the real estate sector of Durgapur is facing an upward trend for the past few years. The prospects of the real estate industry are measuring new heights with lots of big investors investing huge amounts in different real estate projects not only throughout the city of Durgapur but also in the suburban areas namely, Bankura, Panaghar, Raniganj and Asansol. With the city’s increasing economic prosperity the demand for residential plots and bungalows in Durgapur is also showing an upsurge. With the improvement in the infrastructure and the accessibility of quality facilities that are on par with those found in any other parts of the world, the real estate market in Durgapur is increasingly in demand from people who are looking forward to investing in this sector. From retail to commercial to residential, investors, as well as individuals, are opting to invest in the real estate market rather than keeping their money in the banks.
Buying your own home or a flat is probably the most significant and exciting acquisition that you’ll make in your entire life. Not only you’re spending a large portion of your savings while purchasing a house, but also providing your family and loved ones with a safe and secure environment where they can live, play, enjoy and grow. With the market full of dishonest people, your fantasy about your dream home can lead to a nightmare. Therefore, it is always advisable to seek the assistance from a real and reputed real estate professionals’ before purchasing any house, flat, bungalow or plot within Durgapur. They will not only help you to find your kind of items within your preferred budget.
Leon Grant has performed a series of interview with many individuals, real estate professionals, and big investors in Durgapur city. From his survey, he lays down the fact that with the increasing developmental condition prevailing throughout the city, people are leaning towards investing in residential properties in Durgapur rather than spending their hard earned money on other things.
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