Real Estate Forum on Real estate News for Kolkata

Anuradha, a new residential property at Shobhabazar Rajbari palace will be constructed.

The real estate builders have planned to go for one day strike to protect against the government decisions.

The studio apartments has become famous in cities like Bangalore, Pune and Gurgaon in India.

That is true now-a-days people prefer studio apartments rather than apartments in India. As the serviced and studio apartments provide the best of best facilities and amenities.

Hi Shirsendu, what was the outcome of this strike?

Hi Subhro, after the strike, the activists achieved reconstruction assurance from the government and they demanded proper rehabilitation for those displaced.

They have planned to build a residential complex in Alipore.

Thats great Ashish... I am a resident of Alipore. When will the project be ready?

The cost of everything is increasing day by day. But people will not stop investing in them. This is the nature of mankind. Though the price increases, the apartments will be sold.

The increasing cost of steel and cement is one of the reasons for the rising price of apartments.

There are many other reasons behind the rising of the property prices. The rate of interest is also a major concern for the rising price. You can read the information at 'Economic survey reports rise in residential property price' to get more updates on this concern.

To enhance the application and approval process the Kolkata Municipality Corporation are going to introduce an one window on line facility. Where individuals can apply with requisite documents and the approval of those documents will be done through the on line system.

You will get more information about the on line application process at Online residential plan sanction in Kolkata. This is really good initiative taken by Kolkata Municipality.

I agree with you Mr Samir, same is the problem with almost every builder. They wont start the development work on time and if at all they start the work it will be snail pace after that there will be delay in handling over the flats.

Hello Tamal, darjeeling municipality will bring water in tankers and provide the water to the residents of water crisis area.

It is only because the politicians has a good inflow of funds which they can invest for the development for their locality. You can follow http://www.commonfloor.com/stories/real-estate-projects-are-affected-by-assembly-election-15102 to know more on this.

The mafia raj is a burning concern for the society. This concern is present in every corner of the country. If we consider the case of West Bengal then we should say that lack of earning opportunity increases these problems. You can check the related story at http://www.commonfloor.com/stories/attack-at-apartment-construction-site-15068

It is indeed necessary to have a good approach road for an apartment. In case of any emergency like fire, it is really helpful for the residents to come out of the situation. To know more on this you can follow http://www.commonfloor.com/stories/apartments-must-be-supported-by-wide-roads-15042

That is the area where the entire real estate industry is eying at. The real estate industry is running in a very bad shape and expecting some good approach by the Budget, so that the foreign investment will happen and the industry again boost up. To know more on the market situation you can go through http://www.commonfloor.com/stories/real-estate-industry-looking-forward-to-budget-2012-15034

Hey Debesh, if you want you can list to property in Commonfloor. They will help you to find out the right buyer for your land.

Hi
If you are interested to sell your flat you can list your property for sale at http://www.commonfloor.com/list-property-for-sale to find right buyer.

According to experts, it is found that the rental and lease price have hike in Kolkata like Mumbai city which is sky touching. Lease retail space is no more affordable in Kolkata city.

kolkata is one of the metro cities where anyone can rent a house to live well. It just depends on where you want to live in the city. EM Bypass and Garia, Tollygunge metro areas are prefereble.

I don’t know much about it but I heard they are selling plots for setting up schools, college, hospitals etc. Hidco MD was telling this to get additional infrastructure in New Town and offering new employment opportunities.

Rajarhat New Town is all set to become a smart city. Not only Hidco but also state govt has came forward with plans to set up hospitals, schools, colleges, retail market, children park and other institutes. Multinational IT companies like Wipro, Infosys are also planning to set up their campuses in the city. What do you feel other things or changes that need to boost our Rajarhat New Town?

According to real estate experts, the RBI is planning to soften the home loan rates and the property price is also expected to remain range-bound with slight fluctuations. There will be huge range of choice to be done by the property buyers as there are affordable,luxury apartments to be launched.

When is the RBI planning to bring down the home loan rates?

According to real estate experts, the real estate market is fluctuating if you are planning to buy a house then wait for a realty price correction.

Yes, the Kolkata government will launch the programme on a pilot basis at present at Bhubaneshwar. No the affortdable house is not for Kolkata slums. The Housing and Urban Development department say that soon after the launch in Bhubhaneshwar, they will be looking forward to launch the same in cities like Balasore, Rourkela, Berhampur and Cuttack.

Park Hotel is ready to expand their business planning. Park hotel has launched it service apartment with nearly 400 rooms and they are planning to open commercial as well as residential project in Jaipur, Kochi, Pune and Goa.

According to experts, it is said that good times are approaching for Kolkata real estate. It has also been traced that a wide range buyers will invest.

The Kolkata realty could not meet the expectation of the investors and developers instead there was a major drop down. There is no better hope for the Kolkata realty as the prices of land and properties are going to be stable in 2012.

In cities like Kolkata, Bangalore, Pune, Kochi and Delhi the real estate have started offering medium as well as high end serviced apartment. The price range starts from Rs 20 - Rs 70 lakhs.

The builder calls the project as "villas in the sky". The builder is going to spend Rs 550 crores on the project and it is expected to get completed by the end of 2014. It will be the most expensive real estate transaction in Kolkata.

Ambuja Realty is upcoming up with new projects like Himal Kutir a luxury boutique resort at Ghoom in Darjeeling, Vanya Kutir at Lataguri Jalpaiguri, Chai Kutir in Makaibari Darjeeling and Club Montana Vista,a premium club at Uttorayon in Siliguri.

The downfall is due to the challenging business environment and the falling share prices. Still now the promoters holds only 3 percent of share in realty market.

It is said that the Real Estate Regulation and Development Bill 2011 has been passed to lend some transparency to real estate sector. It is expected that the bill will force the developers to give evidence related to land title, completion of the project and other details. Union Housing and Urban Poverty Alleviation Minister said that it is a balance kind of bill niether we want the customer to get cheated nor we want the real estate to throttle.

As the market is suffering from financial crisis, the developers are giving huge discount, some of the developers will give discounts offers like free car parking or they will give 5% to 10% in registration,some of them will give freesbies, they will give discounts as per sq.ft, discount in paying electricity bills. The developers make these offers as a marketing strategy and more over the rates have also gone high these days so people are waiting for the fall in the rate. If you are an actual buyer then this is the right time for buying the property because in the coming years the rate will be touching the sky. No, all the builders are not giving offers. Some of the builders are so confident with their delivery date and commitments that do not offer any discounts for their apartments.

If you can afford, any time is good time for property. Diwali discount are one of the best deals where property buyers can make best deal on their investment. But property buyers should take all precautions than just running behind the offer. I recommend this article for Precautions for Buying Property in Diwali http://www.commonfloor.com/articles/precautions-for-buying-property-in-diwali-6537.html

Ideal Heights is located at APC Road and the architect, Hafeez Contractor planned to construct different towers in the project like Tower 1 - CIRRUS with 25 storeys, Tower 2 - STRATUS with 20 storeys, Tower 3 - NIMBUS with 24 storeys and Tower 4 - CUMULUS with 24 storeys. The other projects of Ideal Group are Ideal Villas at Rajarhat New Town, Ideal Lake View at East Topsia Road, Ideal Tower at Diamond Harbour Road, Ideal Regency at Behala, Ideal Enclave at Rajarhat, Near Derozio College and Ideal Abasan at Narendranager, P.O: Gopalpur in Kolkata. If you are interested you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.

Till now there is no slowdown or recession seen in the real estate market. Let us see what is store in the future. You can invest in properties as of now.

Real estate business will flow well for ever. In metropolitan city like Kolkata it's mushrooming and it won't get affected by any recession. No domestic or external factors are going to break the flow. For investors, Kolkata is a best place to get better output.

To get exact matching properties details on your Email and Mobile, post your requirement at http://www.commonfloor.com/post-public-property-requirement