Kolkata is witnessing growing housing demand with the influx of professionals and the general increase in population. Kolkata is the commercial hub in Eastern India and is home to some of the biggest companies and MNCs in the country. Kolkata is one of the biggest investment hotspots in this zone and offers several housing options to buyers across multiple price points. There is better connectivity and higher affordability of land for development along with several infrastructural projects that are enhancing demand for real estate in peripheral zones of the city. The metro railway network will soon extend to cover several areas in the city and this will boost a growing micro market which is Joka.
Joka is located in south-west Kolkata, in the Thakurpukur Maheshtala CD Block. The metro railway network is being built from Tollygunge to Joka, leading to heightened demand for residential property here. There are good transportation options available now in Joka and metro connectivity will link it even better to other parts of the city. There is the Diamond Harbour Road that ensures great connectivity as well in tandem with the James Long Sarani. There are several reputed educational institutions in the area including the Indian Institute of Management (IIM) Kolkata, Kolkata Model School, Pailan World School, Kendriya Vidyalaya, Delhi Public School and the Vivekananda Mission School. There are leading hospitals like the BMRI Hospital, ESI Hospital and Humanity Hospital among others in the area.
The metro railway expansion and seamlessly access to major hospitals, markets, schools, banks and reputed educational institutions are key factors propelling Joka towards further real estate growth. Several premium residential projects are coming up here and the completion of the metro network will lead to further price appreciation in the locality. Joka also offers a comparatively peaceful ambience to residents as compared to several other areas in the city. The relatively reasonable prices are another major draw for homebuyers along with the easy availability of all necessary social amenities and the wide range of housing choices right from affordable properties to luxury apartments.