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…
How Can Kolkata Go Green and Enjoy Cooler Summers?
“I miss those wonderfully bright mornings,” sighs Tanima Basu, a 40-year school teacher living in Kolkata. “The soothing greenery and the chirping of birds used to be a pleasant start of the day…nowadays, it’s so bleak, so gray!” complains the Beliaghata resident. Unfortunately, she is not alone in experiencing this. The city’s ‘green cover’ is…
Is Kolkata Still the Cultural Capital of India?
Think of Kolkata, and the frames that pop up are of trams, yellow taxis, the majestic Howrah Bridge, and the vibrant cultural diversity of the city soaked in music, art, literature, theatre, the ‘adda’ culture — and Kolkata’s very own, Durga Puja. No wonder, the city of joy has earned the title of ‘The Cultural…
Are There Enough Income Opportunities in Kolkata for the Young?
Bengal, once a front-runner in India’s industrial movement, has been lagging behind the rapidly industrializing states like Gujarat, Maharashtra, and Tamil Nadu. This is primarily due to a sharp decline in the industrial index, as evident from government reports that indicate a free fall in manufacturing from 11.5% in 1980-81 to 2.9% in 2007-08. Of…
Is New Town Emerging as the New Business District of Kolkata?
When we think of the central business district of Kolkata, Dalhousie Square is the most iconic place that immediately comes to mind. A beautiful water body sits in the middle, hemmed in on all sides by serene trees with the archaic tramlines running along the perimeter. Beyond that stand a number of heritage buildings dating…
Pradhan Mantri Awas Yojana Now Offers Better Benefits to EWS and LIG Families
The Hon’ble Prime Minister, Shri Narendra Modi, envisions ‘Housing for All’ in India when the country steps into its 75th year of independence in 2022. The Prime Minister, in his New Year’s Eve speech on December 31, 2016, emphasized the government’s focus on implementing the ‘Housing for All’ mission in the rural sector by announcing…