Projects in Kolkata
Kolkata – Godrej properties is planning to launch its ultra-luxury residential project named “Godrej Platinum” in the neighbourhood of Alipore, Kolkata. The project will soon get the final approvals and is expected to launch in April or May 2013. The estimated cost of this premium residential project is around Rs 100 crore. Godrej Platinum spreads across [...] 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- 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 »
The West Bengal government is planning to come up with a new policy for land acquisition that would be specifically meant for land owned by private individuals or groups. Since the auction route for land allocation is not favouring builders who are facing acute shortage of land for new development, the government has planned to [...] Continue Reading »
Bata India Ltd has exited its real estate joint venture project at Bata Nagar in the southern fringes of Kolkata. In a joint venture with Calcutta Metropolitan Group, Bata India was constructing an integrated township project in Kolkata. The Managing Director of Bata India has confirmed that the project will be run by the partners [...] Continue Reading »
AN e-commerce joint venture between Tata Steel and Steel Authority of India (SAIL), Mjunction Services Ltd, plans to acquire a 9 acre plot in Kolkata. Nokia Siemens Networks (NSN) runs a loss-making landline gear manufacturing unit in the land. As Nokia Siemens is likely to shut down its Kolkata plant as part of a global [...] Continue Reading »
Bidhannagar Municipality will start building the Rabindra Bhavan very soon. The municipality has allocated the plot for the construction. The building is to be located at Salt Lake’s FE Block adjoining Central Park and the residents of Bidhannagar municipality will be benefited by the Rabindra Bhavan The complex will be a three- or four-storied project [...] Continue Reading »
The real estate giant Unitech Limited planned to raise Rs 1100 crore funds by renting and leasing office space in Gurgaon region. The company will utilize the amount raised in the construction of projects in Kolkata and NCR. The fund will help to increase the construction pace of the SEZ projects and the construction of [...] Continue Reading »
The stiff target of project completion in Kolkata had been giving a headache to the developers. But the recent much talked about relaxation might provide some help to the realtors. The Mamata Banerjee government has taken this initiative and planned to give an ease of five years as against three years of project completion in [...] Continue Reading »
