West Bengal government
The current market prices of property have fallen below the circle rates owing to the subdued realty market in many locations like New Friends Colony, Kalindi Kunj, and Noida in the NCR; Behala, Thakurpukur, Kolkata Main and Lake Town among others in Kolkata, and in small cities like Bhopal. There are many other cities and [...] Continue Reading »
In Kolkata on Friday July 18, the West Bengal IT Minister, Amit Mitra offered Nasscom a 10,000 square feet of “ready” space to set up its first incubator in the region. Mitra stated that this space has been allotted in the IT township of Sector V in Salt Lake. The space will be provided by [...] Continue Reading »
There are three hospitals-cum medical colleges about to be established in the mode of PPP by the government of West Bengal. Malay De who happens to be the Principal Secretary of the State Health Department mentioned during a meeting on Saturday has mentioned recently that the Camelia group shall be given two projects as a [...] Continue Reading »
The West Bengal government has now come up with proposals for projects worth Rupees 600 crore since the time the elections have come to an end. The projects have clearly focused on food parks, gems and jewellery. 14 plots have been approved of for providing employment to about 20,000 people. This was declared by the [...] Continue Reading »
The west Bengal government is focusing to exit from the joint sector real estate ventures and has involved professional services firm EY to audit the working of nine companies in which the state holds shares. As per the official, EY has tied up with Fox and Mandal to organize complete audit. A major official says [...] Continue Reading »
In the metropolis auctioned by the West Bengal government, Private power utility CESC has bought 49.16 cottah of Calcutta Tramways Corporation in three land parcels, the first such divestment. The RP-Sanjiv Goenka group-owned company, will pay Rs 27.73 crore for 49.16 cottah spread over three tram depots at Galiff Street (14.95 cottah), Kalighat (12.33 cottah) [...] 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- 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 »
The West Bengal Government has legalized the sale of housing land in the satellite township of Salt Lake on the eastern fringes of the city. According to the legalization plan, the leasehold plots will be made into freehold ones following the payment of a transfer fee of Rs 5 lakh a cottah. The decision will [...] Continue Reading »
The West Bengal government has now decided to bring in an amendment to the Urban Land (Ceiling and Regulation) Act (ULCA), 1976. The proposed amendment will impose the reservation of 30 per cent apartments in big housing projects for the low-income group (LIG). Though the industrialists have been asking to withdraw the law, the ministry [...] Continue Reading »
