25 July


important points to check for nri's looking for flats in kolkata

People living outside their home country always have a dream of buying their own home in their native region. Kolkata, being one among the growing metro states in our country, is one of the prime destinations for most NRIs. Filled with an abundance of shopping centers, landmarks, reputed restaurants, etc., it has attracted the interests of those far and wide.


The rising demand for residences in this city is ever increasing. This shows the favorable conditions in the real estate market for the NRIs to invest in Kolkata for their homes. That being said, there are many renowned builders in the city who focus on constructing luxury flats for sale in Kolkata.


Owing to that fact, have you heard of Alcove Realty - one of the best developers in the city? Alcove Realty is one of the most renowned, trusted and exemplary names in the sphere of real estate spearheaded by the legendary Mr Amar Nath Shroff, came into existence to set an indelible benchmark with its landmark projects.




With forty glorious years of experience, this ‘3 Generation’ company is beheld with distinction and respect among all the renowned builders in Kolkata, at the helm of the industry. On that note, if you are looking for apartments for sale in Kolkata, you should definitely have a look at some of the projects by Alcove Realty, namely, Flora Fountain, Tower 5 & Regency.


But before that, what should a person investing in residential property be aware of?


Have a look at the important things an NRI buyer should keep in mind while looking for luxury apartments in Kolkata.


Developer Background


Inquiring about the real estate developer background is the first and one of the essential steps to take before buying a home. The more you know about the developer, the better the idea you’ll get of their track record and services.


As you are already familiar with Alcove Realty, you should know more about Flora Fountain. Flora Fountain is Alcove’s upcoming EM Bypass residential project. With a total of 336 apartments that boast of plush living spaces, Flora Fountain is the definition of opulence and grandeur in the city.




The next step in selecting a house or a flat is to fix a budget. It makes it easier to shortlist a house if you know how much you are willing to spend on it. Compare the price of the property in question with the ones surrounding it from various builders to get an idea if the builder has offered you a genuine quotation.



Tower 5 developed by Alcove Realty offers 3 & 4 BHK luxury apartments in Kolkata starting from Rs. 1.33 Cr. Covering roughly 10 acres of land area, this residential complex is defined by its spacious quality of life. Residents will find themselves in the company of a landscaped waterbody, fountains, lightings, and gardens in the site location.


Good Location


Not to forget, it is important to look around the area where you are going to be eventually residing in. The amenities, physical infrastructure, and connectivity to all the basic places are important. These factors will help you have a peaceful living in the house. The flat should be in a safe and secure place, offering some security to families living in the flat.



The EM Bypass residential project of Alcove Regency has the benefit of several educational institutions, medical centres, and entertainment centres in near proximity. Quest Mall and Nicco Park are some entertainment centres along with schools such as Don Bosco, Modern High, and Calcutta High situated near the residence.


The Sale Agreement Draft


This may be a trivial exercise as developers rarely incorporate any changes in the Sale Agreements. However, it is always handy to ask for one so that you can be acquainted with the exact terms so that you are aware of any clause that is objectionable. In fact, this can save a lot of difficulty in the long run. 


Financing Banks


Whether you need home loans or not – the projects if approved by Banks & Institutions such as SBI, HDFC, LIC, ICICI etc. for home loans sets a good benchmark that their papers & permissions are in order. Owing to a bad reputation, some banks do not offer loans to some builders. So, it is very important that you check with the banks that are willing to fund the project you are planning to invest in.


Keeping all these in mind, Alcove Realty presents some of the best flats for sale in Kolkata. Have a quick look at:


Flora Fountain



Individuals who are seeking for spacious luxury apartments in Kolkata, Flora Fountain is your answer. The project is bequeathed with 2, 3 and 4 BHK flats in Kolkata with plush features at every corner. The apartments are well-ventilated, 2 - 3 sides open, that will provide future residents with a comfortable form of living.


Flora Fountain comes is cleverly placed to bring EM Bypass close to the project.  With its position at the heart of the city, one can easily travel to any part of the city via different modes of transportation.


Alcove Regency



This EM Bypass residential project also offers the same location benefits of Flora Fountain. Spanning over approximately 70 Katha of area, Regency serves to inculcate international standards of living with its luxury flats in Kolkata. With modern means of security, amenities, and features, it's 3 and 4 BHK apartments are definitely worth checking out.


Tower 5



Alcove Tower 5 was created to deliver the residents thrill of living a posh lifestyle at the top of the world. It consists of 3 BHK and 4 BHK luxury apartments in Kolkata with lavish features. Owing to its strategic location at Tollygunge, one can travel to any part of the city via a plethora of commute options like rail, road, and metro.


Consequently, these projects raise the bar when it comes to flawless homes in the city. For a better living experience, the residential projects of Alcove Realty will surely exceed your expectations and take you by surprise.


To know more, visit the website of Alcove Realty!

Tags: flats for sale in Kolkata, apartments for sale in Kolkata, em bypass residential projects, luxury apartments in Kolkata


Are you interested in the Alcove Projects and would you like to see one personally?