Latest Realty News

Kolkata Municipal Corporation won’t legalize unlawful structures
Sep 01, 2014
Kolkata Municipal Corporation [KMC] authorities have decided to stop regularizing unauthorized buildings following a recent order from Calcutta high court
UK push for a carbon-resilient Kolkata
Jul 09, 2014
KOLKATA: The spurt in construction of buildings in Kolkata is a timely opportunity to start the transformation of the city’s economy from a high carbon path to a sustainable low carbon one, feels British junior minister (energy and climate change) Sandeep Verma.
Double taxation for Eastern Metropolitan Bypass land in Kolkata
Jun 14, 2014
KOLKATA: Constructing a house in areas off the Eastern Metropolitan Bypass is set to pinch you more. Apart from paying the building sanction fee to the Kolkata Municipal Corporation (KMC), you will now have to pay a development fee to the Kolkata Metropolitan Development Authority (KMDA).
Adopting Mamata’s colour code will get homeowners tax sop
Jun 14, 2014
KOLKATA: Want a property tax waiver for 2014-15? Paint your house or apartment building white-and-blue. Yes, you've read it right. The proposal, which has mayor Sovan Chatterjee's blessings, was accepted in the mayor-in-council meeting on Monday.
10 more days for property tax recovery even as fiscal year ends
Apr 01, 2014
KOLHAPUR: The Kolhapur Municipal Corporation (KMC) has extended the recovery period for property tax for ten more days though the financial year ended on March 31.
Kolkata’s Park Mansions wins heritage award
Dec 16, 2013
KOLKATA: The 103-year-old Park Mansions on Kolkata’s upscale Park Street has been given a prestigious heritage award for the restoration of it’s colonial era architecture.
KMC, Credai solve water body disputes
Dec 02, 2013
KOLKATA: Leading real estate developers in the city have persuaded the Kolkata Municipal Corporation (KMC) to use multiple reference points to map waterbodies instead of relying solely on a satellite image taken in 2004.
Building completion certificate goes online in Kolkata
Nov 28, 2013
KOLKATA: The days of harassment by building department inspectors are over. The completion certificate (CC) process for houses and apartment complexes has gone online.
Tax assessment onus now on home owners in Kolkata
Jul 09, 2013
KOLKATA: The procedure for property assessment is changing. In a step to put an end to the existing system, where the Kolkata Municipal Corporation makes general revaluation of properties every six years, the civic body now wants citizens themselves to give details of their houses/flats in a bid to make the assessment transparent.

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