Industry News - March 2022

Industry News Content

Kolkata New Town development body opens property tax camp 28 March, 2022

The New Town Kolkata Development Authority (NKDA) has opened a special camp to help residents of New Town clarify their property tax queries and clear dues. The camp, that got underway on March 15 wil...

Bidhannagar civic body plans 10% penalty on property tax dues 28 March, 2022

In order to check delayed of property duty within the stipulated time frame, the Bidhannagar Municipal Corporation plans to impose a 10 penalty on the arrear property duty on an yearly base. A huge a...

The realty dream on the world realtor’s day 21 March, 2022

World Realtors day is an occasion to recall the role of realtors in the real estate ecosystem. The occasion involves all the stakeholders in the eco-system. The day is dedicated to all the realty prof...

Real Estate on the high rise again 15 March, 2022

Real estate companies are recovering their pricing power as the stock of unsold houses trends down and building costs, substantially steel and cement, keep climbing. The industry has been petitioning ...

West Bengal extends stamp duty & circle rate sops for six months 12 March, 2022

The state government has again extended sops for real estate in this Budget till September 30, 2022 for six months. The state had allowed exemption of 2% rebate on stamp duty and 10% rebate on circle ...

KMC to approve real estate projects in 30 days 10 March, 2022

KMC will try to expedite the single-window clearance process further to ensure real estate projects receive a go ahead within 15-30 days. The KMC had rolled out an ease-of- doing business desig...