Kolkata Property values have risen at the fastest pace among Indian metros since 2007, according to the National Housing Bank’s (NHB) Residex—an index of property prices. (more…)
Archive for the ‘Property in Kolkata’ Category
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Wednesday, September 2nd, 2009Real estate sellers in Kolkata should wait 6 months
Indian property investors intending to sell could do well waiting for about six more months to get some added advantage, say experts. (more…)
Thursday, July 23rd, 2009Kolkata projects stall damaging it as “next big destination”
Kolkata is feeling the strain of the credit crunch and no more so than the hospitality industry. (more…)
Thursday, April 30th, 2009Buy a property in Kolkata get a free Nano!
Real estate developers in Kolkata are trying to increase housing demand providing buyers with India’s latest prize, a free Tata Nano car. (more…)
Monday, April 20th, 2009Slowdown in Kolkata projects
Kolkata retail and residential projects are being delayed or deferred due to the financial credit crunch according to Jones Lang LaSalle Meghraj.Commercial and retail development in Kolkata, West Bengal and in its suburbs had nearly doubled real estate prices over the last few years. However, although 40 to 50 projects are lined up in the city currently, around 100 projects are delayed or deferred due to credit crunch as well as because of uncertainty over projects’ viability and sustenance. (more…)