Tag Archives: Kolkata

Hidco to auction plot for hospital in New Town

Kolkata: The Housing Infrastructure Development Corporation (Hidco) has decided to sell more plots – including a 10-acre land for setting up a private medical college and hospital – in Rajarhat New Town through e-auction. The authorities have already floated expressions … Continue reading

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Provident Housing Ltd forays into Mangalore

Banglore: Provident Housing Ltd, a wholly- owned subsidiary of the real-estate developer Puravankara Projects Ltd, is foraying into Mangalore with the launch of its property ‘Skyworth’. “The Provident proposition with its dual emphasis on affordability and quality has been extremely … Continue reading

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Property prices head north on Dwarka e-way

Hot Property Dwarka Expressway has seen a price appreciation of 50% The Dwarka Expressway, which connects south west Delhi sub-city with Kherki Daula in Gurgaon, is turning out to be hot property, literally. According to a recent survey, upcoming housing … Continue reading

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Godrej Properties Q3 profit soars 24% on high sales

Mumbai: Godrej Properties today posted a 23.97 per cent rise in net profit for the quarter ended December 31, 2012 at Rs 35.48 crore, mainly on improved sales resulting from new projects despite a flat sentiment in overall real estate … Continue reading

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Biggest land acquisition in West Bengal soon

Kolkata: The Trinamool Congress government, which has voiced its opposition to land acquisition by the state government, is going in for the biggest land acquisition drive after coming to power. A decision of the Left Front government in December 2010, to … Continue reading

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Noida Extension flats still affordable

Despite the sudden hike in the prices of Noida Extension flats after the NCR Planning Board cleared the Greater Noida master plan, the housing projects continue offering accommodation for the middle class at affordable rates. According to realtors, the rate … Continue reading

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US government likely to sell many of its real estate properties in India

The US government has hired property consultancy Knight Frank to carry out a valuation and strategic review of all its real estate properties in India, valued at thousands of crores, as a possible precursor to the sale of some assets. … Continue reading

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Economic recession forces developers to look at affordable pricing: JLL & CII study

Mumbai:  The product has to be priced appropriately to suit consumers is one of the prime lessons that recession taught real estate developers, says a study by Jones Lang LaSalle and CII. “Projects which were launched in the price band … Continue reading

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Budget, luxury housing segments worst-hit in slowdown: Report

With the residential market still paralysed by slowdown, a recent study by Jones Lang LaSalle (JLL) shows the hardest hit have been housing at two extreme ends of the price spectrum. The budget homes as well as the luxury housing … Continue reading

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West Bengal real estate sector on a swift growth phase

Kolkata: Even as industrialists worry over the slow pace of reforms hitting industrial resurgence in West Bengal, one business is growing by leaps and bounds in the state – real estate. Experts say realty today is one the fastest growing … Continue reading

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