KOLKATA, THEN and NOW
Once the capital at the time of the colonial rule, it absolutely was thought of the gateway to India by the British. Now a days Kolkata is really a home for quite fifteen million people. Additionally to being the cultural hub of our country, Kolkata is additionally ... Views: 867
Survey done in year 2011 -12 by the Real Estate Transparency, ranks Chennai to second solely behind Andhra Pradesh on varied parameters whereas determining transparency. The state is followed by Karnataka, Gujarat, Delhi NCR and Maharashtra on the transparency index of twenty leading Indian ... Views: 655
Today, home patrons are younger than they were before. Most get their initial homes whereas still in their 20s. And, in no time, several begin considering a second property, either as a vacation home or to be unfettered. This can be not a brand new trend, however has been recognised as a growing ... Views: 1036
According to a recent survey conducted at a property fair at Edison, New Jersey, an estimated thirty one percent of the guests most well-liked Chennai for investment. The report additionally revealed that the market of residential property in Chennai is witnessing a growing demand for villas as ... Views: 1260
Even as the Geological Survey of India (GSI) is considering an advisory for Kolkata, structural consultants have warned that basic construction norms prescribed by the Bureau of Indian Standards (BIS) were being rampantly flouted within the town. Structures, they detected were being erected ... Views: 695
After a substantial lapse of your time demand for vacant plots is gaining momentum across all micro markets of residential property in Chennai. Among the factors related to the sudden upswing are investment inflow into growth corridors like in Oragadam there is an improved connectivity level of ... Views: 674
The state could also be hobbled by a severe power shortage, however its capital is home to many green buildings than the other town within the country. Property in Chennai is home to forty two of the 212 structures in India that are certified as eco-friendly by the Indian Green Building Council ... Views: 1038
Major tax defaulters within the town could meet the same crisis just like the AC Market on Theatre Road. The Kolkata Municipal Corporation can begin raiding commercial property establishments who owe the civic body crores in the tax of commercial property in Kolkata.
Officials of the KMC ... Views: 805
The improved transparency and visibility of Chennai property market in South zone, such cities also include Bangalore, Hyderabad have attained an area on the global realty map, a status that was restricted simply to Mumbai and Delhi within the past.
While South Indian cities represent nearly ... Views: 708
Even as industrialists worry over the slow pace of reforms hitting industrial resurgence in West Bengal, one commercial industry is growing by upswing within the state -- realty. Realty these days is one the fastest growing sectors in Bengal's otherwise gloomy economy. The world’s largest hotel ... Views: 1472
During the economic downturn of year 2008, whereas the opposite neighbouring and glamorous property market of Bangalore and Hyderabad fell by 24-29 per cent, the Chennai market fell solely 8.3 per cent. Restricted offer of land and pent-up demand is how NHB s Residex defines Chennai property ... Views: 763
Slowest growth in nine years, depreciating rupee and a falling market, double-digit inflation; India’s economic woes do very little to discourage the country’s millionaires. Consistent with the Global Wealth Report 2012 of the Boston Consulting cluster (BCG), nearly 28,000 Indian households ... Views: 554
2 acres of plot was sold on EM Bypass for Rs. 115 Crore by Kolkata Municipal Corporation creating it the biggest land deal within the city to date. This purchase is 35% above the last huge land sale in 2009 at Rs. 96 Lakh a cottah.
A former President of MCC Chamber of Commerce and Industry ... Views: 794
The organization of real estate players within the state has proposed ten satellite townships to fulfill housing challenges caused due to speedy urbanization.
Speaking at a public forum within the presence of state urban development minister Mr. Firhad Hakim, Confederation of property ... Views: 908
The year 2011 witnessed important developments that impacted the Indian economy. Rising interest rates, declining foreign investments, dip in Gross Domestic Product, global uncertainties, et all. The real estate sector is by no means that an exclusion specially with barred access to finances by ... Views: 1306
Mumbai desires constant up gradation in its infrastructure projects and there's little doubt that mass fast transit systems like Metro Rail and Monorail can profit town once implemented. Whereas the Metro is any delayed, in line with recent reports and therefore the Monorail is additionally ... Views: 628
Everybody cribs concerning how expensive shopping for real estate in Indian cities is. It is a national pastime of kinds. However nowhere is that the collective griping bigger than in cities like Mumbai and Delhi, where costs have moved northwards faster than the remainder of the county.
In ... Views: 620
With the pick-up within the economy, the commercial property phase too is experiencing a gradual, nevertheless marked increase in demand for workplace house, particularly in Bangalore and Mumbai. Since the start of 2010, they need seen a movement within the real estate industry, together with ... Views: 876
Prices of residential properties within Chennai are skyrocketing ever since National Housing Bank (NHB) started getting ready residex an index for tracking the costs of residential property in Chennai in 2007, except for one quarter, when the costs declined. Residex shows that costs of the ... Views: 1356
Metros like Delhi and Mumbai wrestle with the dilemma of high unsold residential property in Kolkata for the last number of months, Kolkata looks to possess slow down its inventory over the past 3 years.
A quick survey of the 3 metros’ residential markets by country’s leading realty ... Views: 919
Chennai City records 39.5 per cent jump within the last quarter over two hundred per cent increase in last 5 years.If anyone had doubts regarding Chennai being a boom town, the National Housing Bank's Residex index, that has been tracking housing costs in numerous elements of the country since ... Views: 697
The civic body, KMC, is prepared with replies to the queries advises by Governor M K Narayanan when he was asked to sign the property tax waiver bill. The report, that has been sent to the state municipal affairs department by the Kolkata Municipal Corporation (KMC) authorities, are forwarded to ... Views: 1011
Chennai was classified a Beta city within the 2010 international ranking index of Globalization and World Cities Analysis Network. This organization ranks the cities of the world primarily based on numerous factors as well as their cultural, connectivity and economics influence.
The only ... Views: 1476
Residential property in Pune has continually invited status that is one reason the town became a pensioner's paradise. The sentiment has sustained even when affording an area within the municipal limits these days isn't straightforward on the pockets.
Pune’s organic growth and influx brought ... Views: 668
West Bengal barred non-public property developers from building townships and huge residential complexes by modifying a 56-year-old land-ceiling law.
Under the West Bengal Land Reforms Act, 1955, no entity is allowed to have quite twenty four acres. In areas with irrigation facilities, this ... Views: 668
The growth of Chennai has delivered to the fore its complexities. What was once village-like Madras currently finds itself within the midst of amendment with many infrastructure projects in progress and several other a lot of on the anvil.
Can the city afford distinguishable slump or should ... Views: 643
After purchasing a residential property in Pune, it has to be registered in owners name. Registration of the property in Pune ensures you get your possession rights. The registration method ought to be in compliance with the provisions of the Indian Registration Act 1908. This procedure is ... Views: 1376
Despite an absence of proper guideline governing cluster redevelopment schemes of residential property in Mumbai the developers say the cluster approach still offers the best and simplest choice to redevelop an honest range of buildings simultaneously.
Several developers are scouting for ... Views: 830
Baruipur township project that goes to be the headquarters of South 24 Parganas is quickly gaining propulsion a power. As Kolkata Metropolitan Development Authority has started land development work for the 500 acre township that is anticipated to urge completed by next July. The authorities are ... Views: 1278
Builders typically blame the delay in residential property clearances for escalating prices of flats. In an attempt to repair this drawback, the Chennai Metropolitan Development Authority (CMDA) and also the Directorate of Town and Country Planning (DTCP) — the 2 regulatory agencies — can ... Views: 1248
Unitech Group is the 3rd largest realtor within the country consistent with market capitalisation, has posted ninety eight per cent drop in net profit, that stands at Rs 2.26 crore for the quarter ended March 2012, as compared to Rs 102.5 crore within the year ago. Overlooking the dwindling ... Views: 631
Kolkata acts as its doors to new and well established developers, modern-day constructions and innovative architectural ideas. The real estate sector within the City of Joy is looking up. Shoppers within the town are alert to the various lifestyle choices and have gotten their demands met by ... Views: 754
An estimated 2 million NRIs/PIOs living in Malaysia as the southern cities dominate the demand for investment in residential property in Chennai. Those that have settled across Malaysia and other countries for many years are keen to take a position in their second homes for holidays in states of ... Views: 1190
Fundamentally Kolkata is a Tier II city and its real estate market is not as volatile as those of the primary cities. As residential property of Kolkata was not as seriously impacted by the nationwide slump in the real estate market as cities like Hyderabad, Pune, Mumbai and Delhi. When compared ... Views: 1001
Year 2009 has seen the downturn that had spelt doom for the economy, though for a short while the prices of the property in Chennai are on an upward spiral and the realty sector is now witnessing a boom reminiscent of the pre-recession days. Demand of residential property in Chennai has ... Views: 781
From shining and happening malls that have one thing for everybody, multiplexes filled with popcorn aroma and juke boxes to the most effective residential property in Kolkata that promising the luxurious living. As these days Kolkata could be a dream destination and has grown immensely not ... Views: 756
Real Estate Transparency Survey 2011-12 ranks Chennai the second only behind Andhra Pradesh on various parameters while determining transparency. Chennai is followed by Maharashtra, NCR-Delhi, Karnataka and Gujarat on the transparency index of 20 leading Indian states.
As the study was ... Views: 559
There is some news to cheer up property taxpayers. Municipal Commissioner Mr. Arnab Roy instructed the Kolkata Municipal Corporation (KMC) judgment department to rely only on computerized data while sending the tax bills of property in Kolkata to taxpayer.
Circular also tells the department ... Views: 932
Chennai, the state capital of South Indian State Tamil Nadu, has been witnessing a large real estate demand. This can be seen as the rise of the prices of the real estate property in Chennai.
Chennai has been witnessing a constant growth in its real estate market over the last few years, even ... Views: 781
Kolkata realty sector is expanding and a fair number of new residential and commercial property in Kolkata are being launched. Increased demand of residential property in Kolkata in an affordable and premium price brackets has fueled city developers to launch new residential property in Kolkata ... Views: 660
With the improving transparency and visibility of the real estate markets in the South zone cities such as Bangalore, Chennai and Hyderabad have attained a place on the global real estate map a status that was limited just to Mumbai and Delhi in the past.
While South Indian cities represent ... Views: 537
Chennai has witnessed steady growth in its market of residential property within the past few years, barring the amount of economic slowdown within the country. The downturn brought the important estate market to a standstill, market of residential property in Chennai has seen a rebound ahead of ... Views: 589
Unlikely alternative metros like Mumbai and Delhi grappling with the predicament of high unsold residential stocks for the last number of months, Kolkata looks to possess bog down its inventory over the past 3 years. a fast survey of the 3 metros’ residential markets by country’s leading portion ... Views: 651
Would you like Ms. Gauri Khan designing your dream home or Master Blaster Sachin Tendulkar as your new neighbour? So this can be actually possible for you by Pune developers.
Branded homes fall during this class. Branded residences are an rising concept in Luxury Housing whereby developers ... Views: 1278
After the downwards in year 2009 that had spelt doom for the economy, though for a brief whereas however the costs of property in Chennai are on an upward spiral and also the realty sector is currently witnessing a boom harking back to the pre-recession days.
Demand for residential property ... Views: 1362
Defaulters of tax for their respective Property in Kolkata started paying up their bills at the Kolkata Municipal Corporation (KMC) offices after an authorised body of the KMC sent senior officers to houses of these defaulters after the 3rd time interest waiver offer on pending property tax ... Views: 1968
Real Estate Market of Pune has matured offering choices and buildings a competitive environment for developers. Developers in Pune are now offering a concepts like integrated townships, green homes, super-luxury homes or smart homes. Real Estate Industry has seen a tremendous transformation in ... Views: 663
Chennai town expanding at a quick pace, expectations for higher infrastructure are moving high. The State Government is mulling the CMDA’s proposal to declare Chennai Mega Region for higher regional designing on the lines of Mumbai, Bangalore, Delhi, Kolkata and Hyderabad since the Chennai ... Views: 1101
Though investor’s confidence is pretty low however there's some demand from general users and costs are expected to stay stable for many components of the year. As said- tough times don’t last forever therefore here is it one hope that the estate market in Kolkata would anticipate to in year ... Views: 743
For most aspiring home patrons owning an apartment continues to be an elusive dream with soaring land costs. The State Government’s move to supply further Floor house Index (FSI) to residential comes catering to the Lower Income cluster (LIG) and Middle Income cluster (MIG) segments that is ... Views: 1456