Industry News - Kolkata Properties

Industry News Content

Scheme Offers Hope for Small Homes on Kolkata Outskirts
Scheme Offers Hope for Small Homes on Kolkata Outskirts 05 February, 2024

Real estate industry leaders stated that a special housing scheme aimed at the middle class, including those living in rented houses, slums, and unauthorized colonies, could help boost sales of afford...

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West Bengal: New Home Stamp Duty Rule
West Bengal: New Home Stamp Duty Rule 18 January, 2024

The state has now updated the registration process for flats and houses to align with RERA guidelines. Instead of the previous norm of registering based on super built-up area, homes will now be regis...

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Bidhannagar Police seek PG info from New Town RWAs
Bidhannagar Police seek PG info from New Town RWAs 23 December, 2023

Bidhannagar Police has begun requesting Resident Welfare Associations in New Town to pinpoint flats converted into paying guest accommodations. They aim to create a database of non-resident paying gue...

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Haven’t linked your PAN with Aadhaar? Pay 20% TDS for Property Purchase
Haven’t linked your PAN with Aadhaar? Pay 20% TDS for Property Purchase 12 December, 2023

If you're planning to buy a property, make sure to link your Aadhaar and PAN cards. Additionally, confirm with the seller that they have also linked their documents. Otherwise, you may need to pay a 2...

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Big Property Projects must pay for Water Infrastructure Development
Big Property Projects must pay for Water Infrastructure Development 29 November, 2023

The Kolkata Municipal Corporation has announced that it will impose a charge for water infrastructure development on medium and large real estate projects in the city. This charge will be collected fr...

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Reasons to Buy a Property During Navratri
Reasons to Buy a Property During Navratri 12 October, 2023

Navratri, the nine-night festival celebrated with zest and fervor in India, is not just a time for religious rituals and vibrant cultural celebrations. It is also an opportune time to consider purchas...

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West Bengal Govt Prohibits Night Demolition in Congested Areas
West Bengal Govt Prohibits Night Demolition in Congested Areas 09 October, 2023

The department in charge of urban development and municipal affairs has released a set of 19 guidelines to ensure that proper precautions are taken during the demolition of buildings located in densel...

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MahaRERA Mandates Real Estate Developers to Set Up Redressal Cells for Homebuyers' Issues
MahaRERA Mandates Real Estate Developers to Set Up Redressal Cells for Homebuyers' Issues 16 August, 2023

MahaRERA has mandated real estate developers to establish grievance redressal cells to address homebuyers' complaints. At least one grievance redressal officer is expected in these cells for deve...

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Relief for Thika Tenancy Applicants in Kolkata
Relief for Thika Tenancy Applicants in Kolkata 02 August, 2023

Thika tenancy is a unique system of land tenure in West Bengal, India, where tenants are granted the right to cultivate and occupy land owned by others. In Kolkata, the capital city of West Bengal, th...

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MahaRERA Fines 90 Builders For Ads Without Registration Number
MahaRERA Fines 90 Builders For Ads Without Registration Number 22 July, 2023

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has fined 90 builders for advertising their projects without a valid registration number. This move comes as part of the authority's ongoing...

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Reasons to Buy a Property in BT Road Kolkata
Reasons to Buy a Property in BT Road Kolkata 29 June, 2023

BT Road, also known as Barrackpore Trunk Road, is a prime location in Kolkata that has been witnessing rapid growth in recent years. The area is well-connected to other parts of the city and offers a ...

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107 Real Estate Projects Up for Deregistration in Maharashtra
107 Real Estate Projects Up for Deregistration in Maharashtra 27 June, 2023

 The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that 107 real estate projects in the state are up for deregistration due to non-compliance with regulations. The authori...

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