The most important aspect that encourages the development of satellite towns, is the presence of good connectivity. Once easy accessibility is in place, other things like infrastructure, amenities, residential areas, etc., tend to follow. … READ FULL STORY
New Town, a satellite city of Kolkata, is emerging as a promising destination for investors and home buyers. This city enjoys proximity to Kolkata and is witnessing infrastructure development, with an upcoming metro line … READ FULL STORY
Single women are driving the demand for housing in India, with as many as 68% of them planning property purchase after acquiring financial independence, show the findings of a recent survey by real estate … READ FULL STORY
With an aim to plan and develop smart cities and urban infrastructure in the state of West Bengal, the state government constituted the Housing Infrastructure Development Corporation, also known as HIDCO, as a public … READ FULL STORY
In 2018, the real estate sector’s focus was on ensuring affordability of homes, balancing the impact of the Goods and Services Tax (GST) and improving sales, while also witnessing the fallout of the liquidity … READ FULL STORY
Kolkata, one of the first cities in the country to develop as a metropolitan city, has a number of large companies that have their headquarters in the city. The metals, mining, banking industry and … READ FULL STORY
The ailing Calcutta Stock Exchange (CSE) has decided to develop a five-acre plot it owns in New Town in the city’s fringes and sought expression of interest (EoI) from developers. The bourse has floated … READ FULL STORY
The satellite township New Town was awarded the Gold Certification, on September 12, 2018, for its master plan and design, under the Green Cities Rating of CII’s Indian Green Building Council (IGBC), a top … READ FULL STORY
Indian cities witnessed strong office demand in Q2 2018, with about 12.6 million sq ft of gross absorption recorded, indicating a 10 per cent quarter-on-quarter (QoQ) growth, in office leasing activity. “As a result … READ FULL STORY
West Bengal chief minister Mamata Banerjee, on August 13, 2018, laid the foundation stone of the Bengal Silicon Valley Hub, to come up on 100 acres. State chief secretary Moloy De said that following … READ FULL STORY
With little space left in the developed areas of metropolitan cities, home buyers have shifted their focus towards upcoming locations. In Kolkata, there are many advantages to buying a home in an emerging location, … 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
A Scottish university, on January 17, 2018, announced an agreement with the New Town Kolkata Development Authority (NKDA), to collaborate on a new satellite city in West Bengal. The agreement will see academics from … READ FULL STORY
