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Tata plant relocates, Singur realty takes new turn

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Realty rates in the Singur have dropped all of a sudden. The rates of the property has come down for about Rs. 25,000 per cent, which amounts for about Rs. 15 Lakhs an acre and that was the initial offer given by the Govt. for double-crop property.
One of the property broker said to the www.propertykhazana.com that, “Myself and some of my friends had purchased the property after Tata’s initiated the Nano plant. We thought we are very fortunate to have property in such a crazy locality, as conglomerates from different parts of the country started to call us by offering threefold of the existing rates. We decided to hold on the site by expecting property rates to go high still further. Tata’s exit Singur when the construction was about to complete.”
Beraberi gram Panchayat member said to www.propertykhazana.com that, “We have a property in Singur, close to Tata compound. Some time back, brokers offered me of about Rs. 6 Lakhs a cent, but at present they have stopped approaching me.” Landlords who are near the 997 acres Tata Compound have come to know that what they have lost. Lots were purchasing property in Singur and property rates in the area reached to Rs. 25 Lakhs for an acre.
Source: NBTVLIVE

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