Is Positive Sentiment Driving the Growth of Premium Residential Segment in Kolkata?

Premium Residential Segment Home in Kolkata

When a Kolkata-based businessman, Prakash Arora, decided to shift from his old home in Hazra and get a new apartment for his family, he wanted nothing but the best. While driving back home from his ‘posh’ South Kolkata office one day, he saw an advertising hoarding for a premium residential project coming up along the […]

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How Durga Puja in the Housing Complexes in Kolkata Becomes Amazing Social Festivals

Durga-Puja in Housing Complexes in Kolkata

Purnendu Sengupta, and his wife Arundhati, both NRI IT professionals, had no idea that housing complexes in Kolkata turn into festive zones during Durga Puja until they visited their apartment last year this time around. Durga Puja, without a doubt, is special for any Bengali, more so for the Sengupta family because this is their […]

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Can ‘Reverse Mortgage’ Become More Popular in India in Future?

reverse mortgage in india

72-year-old Asit Sen and his wife, 68, live in a house he owns in Manicktala. That’s the only asset the couple has. A former employee of the local post office, Mr. Sen lives off his meagre pension but with his wife’s illness, things are getting difficult to manage. Their son, who lives in Australia barely […]

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What are the Effects of RERA after Three Months of Implementation?

Effects of RERA

  Real Estate (Regulation & Development) Act (RERA), 2016, India’s big-bang real estate reform, became effective from May 1, 2017. Every real estate project (either above 500 sq. mt. or 8 apartments), new or ongoing, is to be sold or advertised by the builder falls under the ambit of this new regulation. The new act […]

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Why is BT Road Fast Turning into a Hot Location for Home Buyers?

An overview of BT Road

Kolkata appears to have come out of the hangover of long time underdevelopment, and the city is fast coming alive to much-improved facilities, cleanliness and urban infrastructure. One such stretch is B T Road which was somewhat neglected by the home-buyers for a long time has now become a highly preferred location for owning a […]

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Kolkata Property Market is Upbeat, Bookings Increasing

kolkata property growth 2017

Kolkata property market has left the sluggishness of Jan-March quarter and saw a substantial increase in buyers’ interest and bookings in Apr-Jun quarter. It is also expected that the trend will be positive with interest rate reduction announced by the RBI. Property sales in Kolkata were somewhat sluggish in the last quarter of the financial year […]

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