Kolkata
Kolkata- Siddha group is coming up with their new residential project named Christened Siddha Town situated at Madhyamgram, Kolkata. The builder assured that this project in Kolkata will be an affordable one. This project encompasses total 400 residential apartments. These are two and three bedroom apartments of size varying between 815 sq ft and 1,485 sq [...] Continue Reading »
Kolkata- Kolkata Municipal Corporation (KMC) is now keeping a strict eye on illegal parking lots. In this regard, a meeting was held between MMiC (parking), mayor and Police traffic assistant commissioner on January 16, 2013. The list of various unauthorized parking lots across the city will be drawn. Police have been asked to keep a check on [...] Continue Reading »
Kolkata- Since there is no progress going in land acquisition matter, it is assumed that tons of garbage will be collected in Kolkata. It is because, the proposal of land acquisition by Kolkata Municipal Corporation (KMC) is not approved by the West Bengal government. Chief minister is following hands-off policy on land acquisition i .e Trinamool [...] Continue Reading »
Kolkata- Kolkata metro is suffering heavy operational losses from past many years. Thus the officials demanded for fare hike. On January 9, 2013 Union Railway Minister announced an increase in railway fares across the country, however, Kolkata metro fares remained untouched. Metro is the the cheapest form of public transport. The Kolkata metro fare has not [...] Continue Reading »
Kolkata- The real estate market of Kokata is gaining momentum despite many issues regarding faulty land acquisition policy. It is expected that it will show good growth in 2013. The year 2102 witnessed varied growth across many areas of Kolkata. Areas like Narendrapur, Kalikapur, Behala and New Town Action Area II reported maximum appreciation. While areas [...] Continue Reading »
Kolkata- The first meeting of task force on urban infrastructure will be held on 10th of December 2012 at state assembly to resolve the problems of developers . The representatives of the construction-builder community will also be part of this meeting. This force set up by Mamata Banerjee comprises of chief secretary and ministers and secretaries [...] Continue Reading »
Kotak Securities (KS), the stock broking and distribution arm of the Kotak Mahindra Group, reports that demand for cement would grow by 8 percent during FY13 and due to slow growth of capacity additions, capacity utilizations would be improving further. The research firm states that being driven by festive season, labor scarcity and also non-availability of [...] Continue Reading »
Bangalore- In terms of quality of living, Bangalore tops all other cities in India, reveals a recent survey by global HR consultancy Mercer. According to Mercer’s 2012 Quality of Living Index, the Silicon City Bangalore being ranked at 139, leads among other prime cities of India including New Delhi (143), Mumbai (146), Chennai (150) and [...] Continue Reading »
Kolkata – The serious issue regarding land and sops policy is highly affecting the West Bengal’s real estate market. During an inauguration of a three day conclave on Bengal Builds with top city and few pan India developers as invitees, Chief Minister, Mamta Banerjee quoted that the state is in deep debt to offer freebies to [...] Continue Reading »
Kolkata- Credit Information Bureau (India) Ltd (CIBIL) and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) are together planning to offer a single window facility to check credit worthiness and legal status of property to lenders. The two organizations have planned to sign an agreement on 10th December. Once the [...] Continue Reading »
