Latest Realty News

Feb 04, 2015
KOLKATA: A letter from the military headquarters, Bengal Area, has rattled civic bosses in Kolkata and is sure to shake up the city's realty sector
Jan 24, 2015
KOLKATA: Has EM Bypass fallen from grace when it comes to demand for real estate projects? At least the current trend hints so
Landlords, tenants to benefit from KMC Bill passed in House
Dec 09, 2014
Kolkata: The Kolkata Municipal Corporation (Second Amendment) Bill-2014 passed in the Assembly to help in determination of annual valuation of the land or buildings or part thereof occupied by tenants in the city
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.
Govt tweaks rule to help co-op flat owners
Jan 28, 2014
KOLKATA: This may bring cheer to people like Sushil Das who own yet-to-be-registered flats in cooperative housing societies. The housing society where Das lives in Rajarhat set up 10 flats in 2006 measuring 1,000 sq ft each. The cost of each unit was only Rs 10 lakh then. But with the flat's current valuation shooting above Rs 30 lakh, Das, who is retired man, could not afford to pay the sky-high registration fee. But thanks to the Mamata Banerjee government's tweak in registration rules, now Da
Realty body meets civic officials
Nov 29, 2013
KOLKATA: The West Bengal chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI) on Wednesday met officials of the city civic body (Kolkata Municipal Corporation) to overcome regulatory hurdles and other bottlenecks regarding real estate development here.
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.
Kolkata Municipal Corporation goes slow on sewerage project
Oct 07, 2012
KOLKATA: Five years ago, the Kolkata Municipal Corporation (KMC) had undertaken an ambitious Rs 500-crore sewerage upgrade project to save large parts of the city from waterlogging. Five years down the line, the civic authorities have, however, been able to implement its plans only in few pockets of Kolkata. Recent spells of heavy showers have revealed that while stretches of APC Road, AJC Bo

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