Property for rent in Sector II - Salt Lake Kolkata

India will soon have its first underwater Metro tunnel that will be built on the banks of River Hooghly in Howrah, in West Bengal. Here is all you need to know about this project.

Kolkata's realty market performed fairly well when compared to active real estate markets across the country. Moreover, the demand for warehouses in Kolkata is also witnessing an increase. This positive market scenario along with other infrastructural developments such as the upcoming Garia-Airport Metro Link will further boost the demand for apartments in Kolkata.

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

National Building Construction Company, along with four other construction companies has shown interest in buying insolvency-hit Jaypee Infratech. On August 9, the Supreme Court (SC) had handed over the case to the Allahabad Bench of the NCLT for resolution in six months. Last year, when Lakshadweep Pvt Ltd, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, won the bid to buy the company for Rs 7,350 crore, Jaypee declined the offer on the grounds of undervaluation.

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.