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KOLKATA BUILDERS
Don't take Bangladeshi infiltrators to courts, send them to BSF instead: Suvendu to Bengal policeWest Bengal Chief Minister Suvendu Adhikari has introduced a new policy. Detained Bangladeshi infiltrators will now be directly handed over...- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- India's greatest business school: No MBA, no campus, no degree — This is how the most successful business community in the world's most populous country actually learnsIndia’s business culture is changing fast. Yet one community understood entrepreneurial learning decades earlier. The Marwari business mind...
- Abhishek Banerjee: From shadow to strategy, driving TMC’s next-gen politicsAbhishek Banerjee, Member of Parliament from Diamond Harbour and president of the Trinamool Youth Congress, has emerged as a key strategist...
- DLF concludes deal to sell IT-SEZ, vacant land in Kolkata for Rs 710 croreRealty major DLF has completed the sale of its IT-ITeS SEZ project and vacant land in Kolkata. The deal, valued at Rs 710 crore, was made w...
- Builders-banks nexus: SC pulls up CBI for probe, says homebuyers agony can't be prolongedThe Supreme Court has expressed strong displeasure with the CBI's investigation into the alleged collusion between banks and developers. Th...
- CBI crackdown on builders, officials of financial institutions nexus: 6 FIRs, searchesCBI conducted searches in Kolkata, Bengaluru, and Mumbai on Saturday. Six cases were registered against builders and financial officials. T...
- CBI just got more power to go after banks & builders who formed an "unholy nexus" to dupe homebuyers in several marketsFor policymakers, the outcome could reshape rules governing real estate financing. The Supreme Court’s consistent emphasis on accountabilit...
- 'Fraud' against NCR homebuyers: SC nod to CBI for 22 cases in builders-banks nexusThe Supreme Court permitted the CBI to file 22 cases concerning the nexus between banks and developers. This relates to cheating homebuyers...
- Delhi-NCR builders need 73 months to sell unsold housing stock, Bengaluru only 31 months: ReportAccording to the PropTiger's latest data, builders across eight major cities in India are sitting on an unsold stock of 7,35,852 units as o...
- Bengaluru to take 15 months to clear unsold housing stock, Delhi-NCR needs 44 months: AnarockUnsold inventory overhang indicates the number of months it will take for the current unsold housing stock to get cleared in the current ma...
- Courts foresee deluge of suits for two-way GST in real estateA January 2018 notification brought the transfer of land development rights from owner to developer in joint development agreements in the ...
- Courts foresee deluge of suits for two-way GST in real estateIn joint development agreements, landowners transfer land to builders or authorise them to construct buildings on them in return for one or...
- SBI to offer upto 35 basis points concession to buildersSBI will offer upto 35 basis points concession on loans for construction to the builders for the affordable housing segment.
- RERA will push construction cost by 10 per cent, says CredaiRERA mandates builders to keep 70% of the collection from sales proceeds in an escrow account leaving less flexibility to utilise the proce...
- Bengaluru-based FalconBrick raises Rs 4 crore in angel roundFounded in November 2015, the startup automates end-to-end project operations including execution, finishing, handover and facility managem...
- Kolkata builder to develop 8 lakh sq ft project in MumbaiWe have done similar projects in the past that include the likes of Ashray in Jaipur, a EWS project under Rajasthan government in 2013, sai...
- Builders look beyond West Bengal to scale up businessThe South City Projects (a consortium of builders), for instance, is discussing a project in London, besides finishing their futuristic res...
- Builders devising unique ways to sell expensive homes: Jones Lang LaSalleBuilders, who are unable to sell expensive homes, are making smaller apartments without lowering the price per square feet and compromising...
- West Bengal, Credai to jointly build mini satellite townships in stateWest Bengal govt and Credai are contemplating joining hands to develop some four-to-five mini satellite townships covering 500-1,000 acres.
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