The update information about property dealings are most essential to promote the business in the kolkata real estate market news that includes buying, selling of properties and to accommodate property on rental basis in the city of Kolkata. The real estate investors can have such information to deal better in their respective business field.
The real estate market growth is not constant one as many factors pertaining to the growth of this sector are hidden in the growing path. As the growth is in fluctuation, one can withstand in this profession if he understands the complete scenario. For the overall progress of Kolkata city, the news about Kolkata Real Estate Market attains crucial job. As the propertykhazana.com concerns with the requirements of the people and hence provides updated news on real estate market in the city of Kolkata through propertykhazana.com web site.
Among the most profitable place for real estate investments, the city of Kolkata is also one. The reason behind this is the rate of its emergence in this sector. Practically it can be explained that since two years, the kolkata city has attracted almost 25,000 crore rupees, from the property investors. A firm in real estate , originating from Singapore is having a building project in New Town, Kolkata, covering 25 acres land, known as ‘Elita Garden Vista’, for residential purpose. This project includes features like Wi-Fi link, cellar for parking vehicles, gardening and play ground. In order to this project, the Life Insurance Corporation of India (LIC) a government entrepreneur is also in land acquisition process in the city of Kolkata in lieu of both residential and business complexes during the fiscal year. The estimated cost of this project with rupees two thousand corer investment apart from the investment made in the last year figuring one thousand one hundred corer rupees.
Meanwhile, a project to develop a business complex including shopping complex in a plot owned by Calcutta Metropolitan Development Authority 9CMDA) in Ultadanga tied with Fort Group, a real estate establishment basically from Kolkata. In addition to this, the construction of Rajdanga Sports cum commercial complex begins its work with an estimated cost of 200 crore rupees.