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SUSHIL MOHTA
Minor Hotels to operate Anantara property at Rs 2,400-cr World Trade Centre in KolkataGlobal hospitality major Minor Hotels on Monday said it has signed a management contract to operate a luxury hotel at the upcoming Rs 2,400...
West Asia crisis may push up realty construction costs by 5pc in near termThe escalating West Asia conflict is beginning to exert cost pressure on India's real estate sector, with material prices rising and indust...
Infrastructure push to boost realty in East; affordable housing missed, say developersWest Bengal real estate developers welcomed the Union Budget's infrastructure focus, anticipating improved connectivity and growth in Tier-...
Blackstone acquires Kolkata's South City Mall for Rs 3,250 croreBlackstone has acquired South City Mall in Kolkata for Rs 3,250 crore from South City Projects, a consortium of Kolkata business families. ...
Merlin Group to invest Rs 8,000 crore over the next 8 yearsMerlin Group aims for Rs 20,000 crore in sales over the next 7-8 years, supported by an Rs 8,000 crore investment. They plan to develop 20 ...
Merlin Group executing projects worth Rs 20,000 cr, revenue to double in 7-8 yearsMerlin Group, Kolkata's top real estate developer, is working on projects worth Rs 20,000 crore. These projects could double their annual r...
Union Budget 2024: Real estate players applaud centre's focus on urbanisation, infra growthReal estate industry leaders have praised the Union Budget for its focus on urbanisation, infrastructure development, and women's empowerme...
Bengal government withdraws 2% stamp duty, 10% circle rate relief for real estate sectorThe West Bengal government has decided to end temporary relief measures for the real estate sector, including a 2 per cent stamp duty reduc...
West Bengal govt extends rebate on stamp duty till end of 2022The West Bengal government provided a 2% reduction in stamp duty and a 10% in circle rate taken in the year 2021, helping revive the pandem...
Rs 100 crore luxury Ayurveda wellness resort project in city by December"Wellness is Rs 4,900 crore market of which services will be around Rs 2,000 crore. We have collaborated with the internationally recognize...
West Bengal and Karnataka Governments cut stamp duty to revive residential salesHowever, the housing demand in Bengaluru is unlikely to get a significant booster as the market is largely skewed towards the mid-segment –...
Credai writes to Bengal CM for real estate bailoutProperty sales across India have come to a standstill after the coronavirus outbreak. It has hurt residential sales and also dented the lea...
Credai seeks West Bengal's help to bring construction labourers back"We have written to the state government seeking permission to start works at the construction sites and reopening offices in a partial and...
Realtors in West Bengal seek relief from central governmentThe industry body sought deferment of GST and income tax payments due in March, April and May by at least 180 days, besides waiver of inter...
Healthy food brand Binge Baefikar unveiled in KolkataThe startup would operate through a cloud kitchen format and will be available exclusively on platforms like Swiggy and Zomato to start wit...
‘Women-run startups need right ecosystem’Merlin chairman Sushil Mohta added that they want to utilise the platform (the mall) to give back to the society in the way of market linka...
Kolkata outskirts blip louder on realtors' radarsThese upcoming areas have seen a 30-40% increase in real estate activity over the past two years, according to industry body CREDAI Bengal.
SBI's home loan disbursement rises by 50% in FY'15On home loan processing time, Kumar said said that the bank is making efforts to bring down the processing time to 10 days in the next six ...
Valuation of built-up space for houses & offices corrected in Salt Lake area of West BengalThe finance department of the WB govt has corrected the valuation of built-up space in certain localities of the city and its periphery for...
- Merlin Group forms JV company with city based export co
Real Estate developer Merlin Group, today announced the formation of a joint venture company with city based export company, the Rajathi Gr...