Real estate news of kolkata

Q: What are the existing and upcoming infrastructure developments in Kolkata? What will be their impact on the real estate of Kolkata?

Sajal Das, Kolkata

25th June 2013

Real estate News in Kolkata

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This festival the Mamata Banerjee government's plans for six theme-based greenfield townships to boost real estate market..

Kaustav Paul, Kolkata

16th October 2015

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Hi Kaustav, Could you tell me which six theme-based greenfield townships is announced by the goverment?

Anil Choudhary, Kolkata

16th October 2015

Hello Anil,
As per latest news six townships include Agnibina, Sports City, Teesta, Uttam City, Gitabitan and Samriddhi, will be put on the block through e-auction and global tendering process.

Kaustav Paul, Kolkata

16th October 2015

Developers from across the world like UK, Europe, Saudi Arabia, Brazil and some private equity players firms are interested in investing in intelligent and low-cost housing.

anurag dubey,

16th October 2015

Also real Estate sector is not only the biggest contributor to Gross Domestic Product ('GDP') of the country but is also the fourth largest sector in terms of Foreign Direct Investment ('FDI') inflows in the country. Union Budget 2012. An overview Infrastructure sector which acts as a catalyst in development of all the other sectors of the economy has been the focus area of Government. Fully recognising the need to fill the void in financing infrastructure projects, last year's budget had set up a
infrastructure debt fund. In the current budget, to augment low cost funds from outsideIndia, a reduced tax of 5% has been doled out to foreign investors providing debt to key infrastructure projects such as aviation, power, toll road, bridge, port etc.This will definitely help in filling the gap of the huge investment the country needs in infrastructure.

Anil Choudhary, Kolkata

26th June 2013

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Sector V of Salt Lake City, EM Bypass and New Town are the most prominent real estate destinations in Kolkata today. The advantage is open spaces and well planned development away from the narrow lanes and congested traffic woes of central Kolkata. Even the most conservative estimates reveal a real possibility of getting 10-15% returns on year in these areas. The upcoming malls and IT Parks are sure to attract small business owners to the region as well. The advantage of allotting the apartment on rent for various working professionals is also a good opportunity in these areas. Impact is likely to be positive over all no growth is negative unless it brings over supply and correction in prices.

Biswanath Mukherjee, Kolkata

26th June 2013

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Wich one is better for investment EM bypass or New Town? I has plans to buy a property but confused between these two places

Joseph Sebastian, Kolkata

26th June 2013

Both are good place to do investment , New town is expensive place, If your budget is high , you can do investment..so that next 5 years you will get double of the price you bout for.

Bijoy Das, Kolkata

26th June 2013

The eastern suburbs of Kolkata including Rajarhat Township and EM bypass are some of the major areas attracting a large number of developers and buyers alike. Salt Lake City is another area attracting users. Sector V of Salt Lake is the IT hub of the city and has a large number of multinational corporations located in the region. Since most regions of North and South Kolkata and other central regions are all cramped for space, most new development is happening in the eastern front with regulated roads and highways and very good civic infrastructure. Impact would be positive in my opinion but as far as returns on property investments are concerned think long term. This is just a starting phase but also a good time to purchase and hold.

Anil Choudhary, Kolkata

26th June 2013

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