Is the Role of an Architect Different in Today’s Residential Complexes?
“It is about creating buildings and spaces that inspire us, that help us do our jobs, that bring us together, and that become, at their best, works of art that we can move through and live in. And in the end, that is why architecture can be considered the most democratic of art forms.” —…
NK Realtors
Does the MCLR Rate Hike by Banks Signal Higher Interest Rate Regime?
Kolkata-based businessman Akash needed a home loan but the recent move by the State Bank of India — the nation’s largest bank — has made him anxious about the idea of applying for a bank loan. Not just Akash, loan borrowers all over the country are worried about the possibility of home loan rates going…
The 42 — the Pinnacle of Luxury Living at the Centre of Kolkata
“I am the monarch of what I survey”, wrote William Cowper a long time ago. Today I rise sky high above all that is ordinary in Kolkata. I am the tallest, the most extravagant symbol of the new emerging Kolkata. I am The 42. There is no way you can ignore me if you are…
Kolkata Retail Growth is Changing the Livability Quotient of Many Areas
“We recently bought a flat in Kasba…just 5 mins away from Acropolis mall” — Abir told his work buddies at the office pool table. And, one could easily sense a considerable hint of pride when he said so. Had anyone mentioned Kasba as their new address even a decade back, they would have probably met…
How Recent Policy Initiatives Can Boost Affordable Housing in Kolkata
It’s that time of the year again when everyone in India — from the common man to the industrialist — waits with certain hopes and some deal of anxiety for the Union Budget to unfold. While this year’s budget was centred on agriculture, it has some pretty good news for the real estate sector. In…
IoT to Robots — Home Automation is Getting Increasingly Exciting
You return home after a long day’s work, and the moment you open the door, the lights turn on automatically! It’s close to 8 pm, almost time for your favourite soccer match to start. You take off your shoes and move towards the living room to watch the game…the television starts on its own. Just…
Is Human Interaction Becoming Less Valuable for Property Buyers?
Ajanta and Sarthak are a young couple, living in a rented apartment in South Kolkata. While they both want to have a home they can call their ‘own’, the biggest challenge for them is: Time. Ajanta is a freelance web designer who works with clients across several time-zones. Sarthak, on the other hand, is the…
Kolkata Property Market is Marginally Upward, Shrugs off Disruption
For Kolkata property market, 2016-17 and 2017-18 can surely be termed as the years of disruption. Because of regulatory policy changes, the real estate industry in India had to adjust to the new environment in these years. Demonetization, GST and the on-going RERA implementation created widespread apprehension about the industry. Although Kolkata property market was…
Can Affordable Housing in India Be Really a Game Changer?
It was a cold night. Rina was not ready, although her husband Ashoke was pestering her for some time. The dinner done, she wanted to go under the blanket as fast as possible. Ashoke was somewhat adamant. There was little opportunity for them to talk about it in the morning. They are working in the…