Real Estate Market Back to Pre-crisis Peak in 2010

Published: December 31, 2010

A fast-growing economy fired up the real estate market after almost a year-and-a-half of property gloom, with prices touching the pre-crisis peak and companies announcing structures that will pierce the sky.
The property party would have been perfect had it not been for the service tax slapped on under-construction buildings and as expected, the burden was [...]

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Retail and Real Estate Projects on hold in Kolkata

Published: April 21, 2009

Around 100 small and large retail and real estate projects in Kolkata are being delayed or deferred due to the financial credit crunch. According to analysts and industry insiders, increased retail development in Kolkata and in its suburbs had nearly doubled real estate prices over the last few years. However, although 40 to 50 projects [...]

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