Friday, November 7, 2008

New Plans Waiting for Investment in Kolkata Real Estate

After the pullout of Tata Motors from Singur, chief minister of West Bengal is confident of investment from top international companies like ArcelorMittal, ICICI, Jindal and few Chinese automobiles companies. While giving a speech at the opening ceremony of the 36th World Congress on Housing Science, Buddhadeb Bhattacharjee told that there is a huge investment opportunity in various sectors like real estate, IT, automobiles, steel etc. The center of point for real estate investment is Rajarhat, the imminent IT hub of West Bengal. As a result Rajarhat Properties rates are raising high with time.

With Kolkata Property Prices rising; there is a major challenge in providing land to the industries. Also one of the major problems that Kolkata Real Estate is facing is from bank. Buying Property in Kolkata is not so easy, without the availabilty of proper channel for financing from banks.

Real Estate Builders in Kolkata are eying on the government to get benefits from the government plans, so that these benefits can be transferred to the buyers. Well all have to wait and watch the policies that are going to be implemented by the West Bengal government.

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