Kolkata has the Highest Purchasing Power among Metros
Britishers described Kolkata as the Gateway to India and colonised it as their capital till 1912. Kolkata was then a sleepy town. Today, Kolkata is an effervescent city that accommodates more than 15 million people. The city is a potpourri of culture and best known as ‘the City of Joy’. Learn more
Indian Realty News, 19th June’2009.
Kolkata IT Sector looks for commercial space
As the real estate market has started showing signs of stability, several IT and telecom companies have already started actively looking at space in the city, especially in Rajarhat and Salt Lake Sector V areas, for setting up operations. According to Mayank Saksena, head – transactions, Kolkata, Jones Lang LaSalle Meghraj, “From January onwards, we have been tackling an increase in live enquiries in Kolkata. Learn more
Indian Realty News (www.indianrealtynews.com), 8th May, 2009.
Kolkata SEZs Stuck Because of LLRD Refusal
Several SEZs in West Bengal are stuck even after receiving all formal approvals, because of the refusal of the state land and land reforms department (LLRD) to record the change in status of the land from farm land to one eligible for industrial use. Learn more
Indian Realty News (www.indianrealtynews.com), 8th May, 2009.