Home buyers in Kolkata fret as software glitch holds up registration – ET RealEstate

KOLKATA: Nearly two weeks after the state budget announcement of 2% reduction in stamp duty and 10% slash in circle rates for properties registered by October 30, new home buyers have been unable to take advantage of the twin concessions due to a glitch in the registration software. The worst hit are those who had […]

RERA has not helped customers in stuck projects even after five years: FPCE – ET RealEstate

NEW DELHI: The real estate regulation law, RERA, has failed to meet the expectation of scores of homebuyers whose investment were stuck in ongoing projects when the law was enacted, said the homebuyers organization that led the campaign of enactment of the law. The RERA enacted five years back covered both new projects and all […]

West Bengal offers help to set up covid isolation units on housing societies – ET RealEstate

Representative Image KOLKATA: The state health department on Monday issued an advisory to all major housing societies and high-rises in the city, asking the resident welfare associations to set up community-based isolation centres, assuring them of providing steady oxygen supply and daily visits by doctors there. Less than two weeks ago, KMC had made a […]

Over 10.75 lakh homes constructed under PMAY-U during pandemic: Housing Minister – ET RealEstate

NEW DELHI: Over 10.75 lakh houses have been constructed under the Pradhan Mantri Awas Yojana (Urban) during the COVID-19 pandemic so far, and Uttar Pradesh tops the chart with more than 2.55 lakh such units, Parliament was informed on Wednesday. In a written reply to a question in Rajya Sabha, Union Housing and Urban Affairs […]

West Bengal CM allots over 4,600 houses to tea garden’ workers – ET RealEstate

File photo FALAKATA: Chief minister Mamata Banerjee on Tuesday issued 4,611 house allotment orders to workers spread across 12 tea gardens in Alipurduar, Jalpaiguri and Darjeeling, living up to a promise she made last year to those who didn’t have dwelling units. In a region where Trinamool Congress suffered a rout in the 2019 Lok […]

HIDCO to engage consultants to develop affordable housing in Kolkata’s New Town – ET RealEstate

KOLKATA: The Housing Infrastructure Development Corporation (Hidco) plans to engage a consultant to prepare architectural design along with detailed estimate and bid documents to set up affordable housing of LIG and EWS category on about 7.6 acres in New Town. Officials said that the authorities have been taking up work of various types of construction […]

Infosys to start work for its IT hub in Kolkata in July 2021: West Bengal CM – ET RealEstate

KOLKATA: IT giant Infosys would commence work at Rajarhat New Town from July 2021 for its maiden project in the state and will complete it in two years, chief minister Mamata Banerjee said on Tuesday. “I had sent them a letter about the project and Infosys has replied. It will get final approval for the […]

West Bengal government grants land rights to refugee families – ET RealEstate

KOLKATA: With an eye on refugee votes in the state in the 2021 assembly polls, West Bengal Chief Minister Mamata Banerjee Wednesday granted land rights to 25,000 refugee families and said a total of 1.25 lakh families would be given land rights. The land deed will be without any conditions, Banerjee, who had made the […]

Cabinet approves revised cost for Kolkata East-West metro corridor project – ET RealEstate

NEW DELHI: The Union Cabinet on Wednesday approved revised cost for Kolkata East West Metro Corridor Project for Kolkata city and surrounding urban areas, Union minister Piyush Goyal said. Estimated completion cost of the project is Rs 8,575 crore and the target date of completion is December, 2021. The project envisages construction of a metro […]

West Bengal CM announces housing programme for tea workers – ET RealEstate

KOLKATA: West Bengal Chief Minister Mamata Banerjee on Tuesday announced a slew of measures for the people ahead of the 2021 state assembly polls and said that her government will build brick houses for at least 3,694 workers in seven sick tea gardens in Jalpaiguri and Alipurduar districts under the ‘Chai Sundari‘ scheme. Banerjee, in […]