Properties in 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 – 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- 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- While hunting the targeted revenue, Kolkata Municipal Corporation found that around 3000 properties around Behala and Jadavpur were not estimated. The civic body have been needy to find ways to improve income ever since the Unit Area Assessment method to regulate property tax dropped through. Khalil Ahmed, Municipal Commissioner, issued a circular to the [...] Continue Reading »
The real estate business in West Bengal is growing rapidly. In an analysis it is found that the hotel business is growing by 10 to 1 percent in the state. In 2012, the realty sector in Bengal is expected to grow by 15 to 20 percent. Apart from hotels, the residential projects in Kolkata and [...] Continue Reading »
The Lalit Suri Hospitality Group will invest Rs 1,200 crore to expand its business in the next three years. In the expansion plan, the group has decided to enter the mid-level segment. In the next three years, the group will invest in developing properties in Tier II and Tier III cities in India. During the [...] 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 »
Kolkata Municipal Corporation (KMC) observed a large queue of tax defaulters recently. KMC offered partial interest waiver on outstanding property tax. KMC has collected approximately Rs.5 lakh in a day. According to a senior member of KMC, it is a good trend that people are coming forward to pay the dues. KMC is preparing the [...] Continue Reading »
