Will the Impending IT Sector Job Cuts Affect the Real Estate Sector in Kolkata?
The IT sector has been a major job driver over the last two decades, but the recent news of large-scale IT sector job cuts is threatening to unnerve the Indian markets, and its shadow is also looming over the real estate sector. The threat of job losses in IT-enabled Sectors (ITeS) and the Information Technology…
NK Realtors
What You Should Know About GST Impact on Home Prices
Goods and Services Tax (GST) is finally here and will be effective across the country from 1st July 2017. The new uniform tax regime has been formed to do away with the overlapping, double taxation system prevalent in our economy, saving end-users from shelling out various taxes on the same product at different levels. However,…
What to Look for While Choosing the Best School for Your Child
As a parent, you’d only want to make the best choices for your child. And, choosing the best school for your child is definitely a choice you’d want to get right. However, young parents can feel a bit clueless or challenged when it comes to deciding which school would be the best for their kids….
How Can We Make Kolkata Safer For Women?
In recent times, the question of women safety has been raised time and again with a stark rise in crimes against women. With news of horrific rapes, assaults, and molestations blaring out of newspapers and our living room TVs almost on a daily basis, we are being drawn into a constant state of worry and…
Steps You Should Take to Ensure the Safety of Your Home
Authorities are reporting an exponential rise in burglaries and sophisticated break-ins as working couples, single parents, nuclear families, and fast-paced life are increasingly becoming the new normal rather than being an exception like it used to be a few decades back. Srinjoy Chatterjee, a businessman living in an independent bungalow in Kolkata’s Salt Lake City,…
How Can We Make Kolkata More Beautiful?
It was a moment of pride for Kolkata when the city was honoured with the C40 Cities Award last year at an awards ceremony in Mexico City. Kolkata’s Solid Waste Management Improvement Project (KSWMIP) was chosen as a winner for “Solid Waste” in the C40 Mayors Summit, where 40 mayors from around the world assembled…
Should We Have More Green Buildings in Kolkata?
Going green is the new trend worldwide, and India’s realty sector isn’t falling behind in this regard. From malls to office spaces, and residential units, buildings are increasingly becoming eco-friendly. With the city’s IT hub — Salt Lake — getting its first eco-friendly commercial building, Technopolis, in 2006, Kolkata entered the ‘green’ brigade pretty early…
Is the Hospitality Scenario in Kolkata Changing for the Better?
With fresh investments coming in, the hospitality sector in the Eastern metropolis of Kolkata has started looking up in the last couple of years. The overall outlook of hospitality scenario in Kolkata at present, and in the future, appears to be bright and hopeful. Kolkata’s Hospitality Landscape: Then and Now Not long back, the city’s…
Why It Is Wiser to Buy a Flat in Kolkata Than Renting One
Buying a home is perhaps the most common and the biggest dream of every Indian. Though owning a home in our society has a high level of emotional quotient, the decision has to be prudent, and backed by financial viability. An incorrect assessment can lead to financial difficulties like an overloaded debt. The union government’s…
How to Beat the Summer Heat at Your Home with a Smile on Your Face
Our summers are getting hotter with each passing year. This year, it’s all set to be another sizzling and scorching summer with temperatures scaling new records. As such, cities like Kolkata are already feeling the heat, testing 40oC in the early weeks of May. In fact, Kolkata tops the list of 44 most heat-stressed megacities…
Some Great Locations to Buy Flats in Kolkata for Investment
As spaces for new development in mainland Kolkata shrink with time, locations around the fringes of the city are rapidly emerging as the nerve centre of Kolkata’s real estate investment, promising impressive returns over a mid to long-term time spread. These areas, which have already grabbed the attention of real estate investors, are increasingly becoming…
How Carpet Area Based Pricing Can Affect Home Prices
The Real Estate Regulation and Development Act (RERA), the central law that came into force on 1st May 2016, stipulates every state to implement the act within a year’s timeframe. As we are approaching 1st May 2017, RERA is still under the process of implementation in West Bengal although it is unlikely to meet the deadline. But…