Kolkata Properties by KolkataDreams.com

KOLKATA: Kolkata-based Ambuja Realty plans to invest over Rs 300 crore to set up three business parks in the city. While two such parks will come up in the city’s IT hub-Salt Lake Sector V-Ambuja has plans to set up the third one in Rajarhat in the eastern fringes of Kolkata. Plans are also afoot [...]

After a lull last year, demand for commercial property is steadily rising. Realtors and developers feel market conditions should return to normal, although no one knows how long it will take.

Real estate developers are reviving big-ticket projects in Kolkata after securing a commitment from the West Bengal government that “some kind of incentive” would be offered to help them emerge from the downturn. The projects had been halted for at least 18 months. States such as Maharashtra, Gujarat and Uttar Pradesh have already announced incentives [...]

1 BHK Apartments: Avg Price per sqft: 2,228 2 BHK Apartments: Avg Price per sqft: 2,716 3 BHK Apartments: Avg Price per sqft: 3,118 2 BHK Houses: Avg Price per sqft:2,772 3 BHK Houses: Avg Price per sqft:3,016 4 BHK Houses: Avg Price per sqft:4,318 Residential Plots: Avg Price per sqft:1,424 Average property price per [...]

Property values in Kolkata 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. Property values in Kolkata rose by an average of 16.8% while those in Bangalore fell by 15.6% in the period. Fewer speculative deals and lower base prices saw [...]