The first movers into any property location, generally do so, because of the affordability offered by that particular location. This was evident in Greater Noida West in Delhi-NCR and the regions beyond Thane in … READ FULL STORY
The housing and urban affairs ministry will review the smart city tag for New Town Kolkata, union minister Hardeep Singh Puri has said, amid reports that the city’s authorities have not implemented any project … READ FULL STORY
Pune, with a score of 5.1, has been ranked first, when it comes to local governance, followed by Kolkata, Thiruvananthapuram, Bhubaneswar and Surat, according to the Annual Survey of India’s City-System (ASICS) undertaken for … READ FULL STORY
Kolkata, the capital of West Bengal, is considered as the third most-densely inhabited city of India, after Mumbai and Delhi. It is also known as the commercial capital of eastern India. It has become … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Kolkata is poised to emerge as a major financial centre by 2030, a senior government official said, on January 10, 2018. Quoting a study prepared by McKinsey Global Institute, Debasish Sen, additional chief secretary, … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
While a large section of developers have called 2017 as a year of consolidation, 2018 could be a year of confusion. The regulatory changes of 2017 have left many developers confused over streamlining of … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
Civil Aviation Minister Ashok Gajapathi Raju, on December 5, 2017, said if land was available, a second airport near Kolkata was a possibility. “Kolkata needs an alternative airport. If the West Bengal government gets … READ FULL STORY
Srijan Realty has emerged as one of the most reliable brands in Kolkata’s property market, with the company ranking second in the eastern region, as per Track2Realty’s Brand Perception Audit Report. The company has … READ FULL STORY
According to rating agency CRISIL, the demand for residential properties is unlikely to revive in the next 12-18 months, as the fundamental problem of lack of end-user buyers, is unlikely to change any sooner. … READ FULL STORY
Residents of Mumbai and Pune far outnumber those from other cities, when it comes to the desire to own a holiday home. A Track2Realty survey found that more than two-thirds of Mumbaikars would like … READ FULL STORY
