Kolkata
Kolkata – The recent Union Budget 2013 has proposed deduction in tax on home loan upto Rs 25 lakh which has brought cheer to home buyers, especially in Kolkata, as compared to any other major metro cities. One can claim the deduction at tax only if the loan amount is less than Rs 25 lakh. [...] Continue Reading »
Kolkata- Metro trains will run more safely from July onwards as the Railway Board has planned to implement Train Protection and Warning System (TPWS). The system will alert the motorman of metro train and at times, it will even apply brakes if there is a possibility of danger signal being overshot or the train passes [...] Continue Reading »
Kolkata- A large portion of Ultadanga flyover in the city collapsed on Sunday early morning crushing down a truck below and severely injuring three people. The bridge was about 200 metres in length. An entire portion of it collapsed into a canal below. Fortunately, the incident took place at around 4.30 am in the morning [...] Continue Reading »
Kolkata- Although a project with Rs. 4,874 crore and a 100-crore allocation might seem smaller, But, West Bengal is still contented with it East-West front. Making its entry into the pink book, the Metro corridor links with the eastern fringes of the city with Howrah. This ultimately means, the Indian Railways has officially accepted it [...] Continue Reading »
Kolkata- In a recent meeting, the Housing Infrastructure Development Corporation (Hidco) had plans to auction more land through e-auction, especially the 10-acre land situated in Rajarhat New Town, for setting up a private medical college and a hospital. There have already been many floated expressions of interest from the authorities for the project. However, the last date [...] Continue Reading »
Kolkata- Developers believe that Kolkata is likely to see a large number of small residential projects in areas like Diamond Harbor, Rajarhat, E M Bypass, Garia and Kona Expressway over the next one or two years. They expect that, owing to land scarcity, though Kolkata may not get big housing projects, availability of small land [...] Continue Reading »
Kolkata – The Kolkata Metro Rail Corporation (KMRC) has disposed the proposal of realigning the East-West Metro route due to massive increase in cost. KMRC is already bearing Rs 40 crore a day for delay in construction. This realignment of East-West Metro route was proposed to avoid the acquisition of 1.599 acres of land near [...] Continue Reading »
Kolkata- The Chief Minister of West Begal has decided to give the last piece of land (55.401 acres) to the Kolkata West International City (KWIC) project. KWIC project is into legal cases for missing deadline. KWIC project is an international satellite township development across 390.2 acres. It is located on Howrah-Amta Road, just off Kona [...] Continue Reading »
Kolkata- It is very much understood that property prices at peripheral areas running along metro network would increase. But some of the areas which are independent of suburban railway system like Uttarpara, Konnnagar, Sonarpur, Rajpur, etc are witnessing steady rise in property prices. Suburbs like Sonarpur and Rajapur are some hours drive away from Kolkata [...] Continue Reading »
Kolkata – Although the Union Railway Minister announced no hike in fares of Kolkata metro but there are good indications from the board to restructure the fare. There is less than three weeks left to declare Railway Budget. Now it is entirely upon the railway minister to declare this by issuing a circular in the [...] Continue Reading »
