‘Micro homes’ are gaining popularity owing to the rapid rise of population and space crunch in urban India. With rising rents and housing becoming expensive over the years, home buyers are opting for homes … READ FULL STORY
Aiming at reviving the tea industry and increasing employment opportunities, the West Bengal cabinet, on October 31, 2019, decided that 15% of land of a tea garden can be used for construction works. A … READ FULL STORY
The bustling Salt Lake area, on the eastern fringes of Kolkata, is shrinking at an alarming rate, a top scientist at the Geological Survey of India said. Salt Lake, mostly built by filling up … READ FULL STORY
Belarus has expressed interest in modernising the tramways of Kolkata, besides exporting buses and dumper trucks to India. Bharat Chamber of Commerce president Sitaram Sharma said a team from the eastern European nation, is … READ FULL STORY
The real estate sector, which witnessed decades of traditional approaches, will now be revolutionised by ‘disruptors’ that have initiated a new wind of demand in the sector, says a report titled ‘Real Estate – … READ FULL STORY
The Income Tax (I-T) Department, on August 11, 2019, said it has attached benami assets worth Rs 300 crores, including a bungalow in a posh Delhi locality and USD 40 million funds brought from … READ FULL STORY
In the top 9 cities in India, there has been a massive developer consolidation, with over 50% of the total developers that existed in 2011-12 leaving the market by 2017-18, according to PropEquity Research. … READ FULL STORY
Kolkata-based Shristi Infrastructure Development Corporation Ltd faces an arbitration claim of Rs 160 crores from Rishima SA Investments LLC, an investor of a 5-star hotel project in the city. Mauritius-registered Rishima had invested Rs … READ FULL STORY
The Enforcement Directorate (ED), on May 14, 2019, in a statement, said that it has ‘provisionally attached immovable properties, comprising commercially diverted land of 2,70,374 sq ft along with a shopping mall in Nagpur … READ FULL STORY
Abhijeet Kasliwal Marketing head, Kolkata “I have been living on rent for five years and it has been a learning experience. After completing my higher studies in Kolkata, I shared an accommodation with my … READ FULL STORY
New launches of housing units increased by 3% across the top nine cities in India (Gurugram, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru, Thane and Chennai), in the first quarter (January to March) of 2019 … READ FULL STORY
The growth of the ecommerce industry in India, has led to an increase in the demand for warehousing, for the products sold by these platforms. This demand, is likely to spur innovation and make … READ FULL STORY
Real estate developer Siddha Group, has announced a first-of-its-kind initiative, ‘Skyplex’, at their Skywalks projects, to give Kolkatans an altogether new movie-watching experience. Skyplex is feature that allows home buyers in Siddha’s projects to … READ FULL STORY
