The Dilemma of Investing in Land or Flat: The Wisdom of Om Prakash Todi
It was a long time since Om Prakash Todi (name changed on request) felt confused. Generally, he always was brimming with supreme confidence. In his air-conditioned office, he was thinking about how times changed. The cup of tea on his table was getting cold. All of his 55 years, he was always conservative with money….
NK Realtors
Is It Time to Consider Better Measures to Control Air Pollution in Kolkata?
If you go up on a high building in Kolkata and look down on the glittering lights of the street below, you can see an engulfing gray haze, especially in the winter months. Although Kolkata has become much cleaner in last few years, particularly with an efficient waste management system in place, it is high…
Will the RERA Implementation Increase the Prices of Flats in Kolkata?
The real estate buyers in Kolkata are eagerly expecting the implementation of the Real Estate Regulation Act, 2016 (RERA) as it is widely believed that the RERA will go a long way in protecting the interests of the buyers. While the RERA will surely enhance consumer protection, but there are strong reasons to believe that…
Should You Buy an Apartment in Kolkata Now after Demonetisation?
In the evening of November 8, 2016, the Prime Minister of India declared a path breaking policy decision to demonetise Rs 500 and Rs 1,000 currency notes. The declaration shocked the nation and soon everybody began to try and understand the implications of this step. As time passed, myriad opinions emerged about the short, medium…
4 Measures that Can Boost Transparency and Confidence in the Kolkata Property Market
The recent regulations passed by the parliament and some steps by the government are expected to make the Kolkata property market more transparent and bring in long-term confidence in the market. These measures are the Real Estate Regulation Act (RERA), the Benami Transactions (Prohibition) Act, 2016, the Goods and Services Tax (GST) and the demonetisation of Rs…
What to Look For When Buying a New Home in Kolkata
With no loans to repay and a not-too-high retirement goal, bank executive Samir and his schoolteacher wife, Aruna was saving enough to support their child’s education and marriage while setting up a decent retirement plan. However, there was one thing that threatened to derail the family’s financial plan — home buying. Having spent most years…
How Do We Serve All Stakeholders of Our Society?
We at N K Realtors believe that true success comes from sharing the benefits with every one of our society and successful companies have a responsibility beyond profits to serve all stakeholders. Take the case of Sharmila Khatoon. Her idea of a school is an escape from hopelessness and the promise of a brighter future…
How New Complexes in Kolkata Are Offering More Value than Simple Flats
Concierge services, wine and cigar libraries, air-conditioned exhibition galleries for contemporary art…the list goes on. And, you will be highly mistaken if you think these plush facilities are being offered by some 5-star hospitality giant. These swanky features are just a few of the lush amenities that modern new complexes in Kolkata are offering. Such…
How Demonetization Will Affect You While Buying Property in Kolkata Now
In an unexpected move, RBI has recently scrapped currency notes of Rs 500 and Rs 1000 and announced the replacement of a new set of currency notes. These notes are being exchanged from banks and post offices across India. One can deposit such notes freely in one’s bank account. While the move caught everyone off…