Kolkata
Extremely happy on the success of its last project, the real estate development wing of the Godrej group has now come up with the phase 7 of its residential project at Sodepur on BT Road near Kolkata. Christened as Godrej Prakriti Everest, the project in its recent phase and will have a new tower. The [...] Continue Reading »
According to global realty consultant, DTZ, because of rupee depreciation and fall in rentals amid political instability over Telangana, Hyderabad has become the world’s most affordable office location. In the DTZ’s list of top 10 least expensive offices space market in the world, four other Indian states fall which are Chennai, Pune, Bangalore and Kolkata. [...] Continue Reading »
Further delays are being faced by Ahmedabad airport for its privatisation. Recently Madras High Court vacated a stay on the privatisation process, now the Airport Authority of India (AAI) is in anticipation of an approval on a concessional agreement from the Ministry of Civil Aviation. After such an approval will the authority be able to [...] Continue Reading »
Infrastructure firm IL&FS Engineering and Construction informed that they were successful in getting a Rs 300- crore contract for elevated metro stations on Kolkata Metro Line in West Bengal by Rail Vikas Nigam Ltd (RVNL). The company says that they are awarded a contract by RVNL, Kolkata for a value of Rs 299.76 crore for [...] Continue Reading »
National Buildings Construction Corporation (NBCC), a public sector company, planning to redevelop at least three government housing projects worth Rs 5,000-6,000 crore in various parts of the country. Also, the company is looking to expand its business in Africa and West Asia. NBCC Chairman Anoop Kumar Mittal informed that an agreement for makeover of a [...] Continue Reading »
The murky world of real estate business has caused an increase in crimes in some parts of Kolkata. The cold hearted murder of Chandan Ghosh, two days ago was the third murder in last five months in the Entally-Tangra area. This is in addition to the death of Abhijit Patra in jail custody that triggered [...] Continue Reading »
Recently, Tata Housing declared it is planning to invest Rs.1, 200 crore for developing 13 housing projects for senior citizens in the next five years. In Bangalore by the name of Riva Residences, the company had already launched its first project and work for similar projects would soon commence in more cities, including Chennai, Ahmedabad, [...] Continue Reading »
The event marked the presence of students, government officials, teachers and experienced architects together in order to discuss about various issues being faced by the urban city and how to find the necessary solution to tackle it in this decisive six sessions of interactions. Present to grace the occasion were President of ICC, Managing Trustee [...] Continue Reading »
In one of the first real estate sentiment indices, Industry body FICCI and residential and commercial property consultancy, Knight Frank India have concluded an overall negative sentiment for realty across all zones including the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR). The index further cited that the mood have got worse than what it was in the last [...] Continue Reading »
Kolkata- The worries of residents of Rajarhat Town regarding civic amenities have been resolved. The state cabinet has taken a significant decision by approving the proposal to enact the New Town Kolkata Development Authority (Amendment) Bill, 2013. The amended bill will allow New Town Kolkata Development Authority (NKDA) to function as a municipality for New [...] Continue Reading »
