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
Housing.com, part of Elara Technologies Pte Ltd, which also owns PropTiger.com and Makaan.com, on August 9, 2017, unveiled its key insights on house renting patterns. According to their research, 1-BHK units are the preferred … READ FULL STORY
Despite the demonetisation exercise and recent layoffs by technology companies, due to automation and changing technology, commercial markets continued to remain resilient, backed by sustained expansion plans of the major occupiers. The gross office … READ FULL STORY
On the back of a recovering economy, India’s office market is likely to remain firm in the coming quarters. The gross office take-up in India amounted to 9.3 million sq ft (8,63,998 sq m). … READ FULL STORY
The West Bengal government is planning a new township named ‘Gitabitan’, between Santiniketan and Bolpur, with all modern facilities for individuals to live close to Tagore’s dream village Sriniketan, the state’s Urban Development and … READ FULL STORY
The policy changes that the government is implementing, should help improve business confidence in India and result in robust office leasing demand in the coming years. Occupiers looking for large, quality spaces, should consider … READ FULL STORY
Over the past few decades, Kolkata, the ‘city of joy’, has witnessed significant infrastructure development and redevelopment. Now, with the real estate market in the main city area reaching a saturation point, fresh developments … READ FULL STORY
CREDAI Bengal, the state chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI) – the apex body for private real estate developers in India, launched the ninth edition of its realty … READ FULL STORY
The government on May 24, 2016, announced the names of 13 more cities that will be developed under the centre’s ‘Smart City Mission’, with Lucknow in poll-bound Uttar Pradesh topping the list, followed by … READ FULL STORY
