New Town is going to be a Green City as well as Smart City.

Courtesy : WBHIDCO

Tips for Home Furniture selection:

Here are some actually feasible ideas that don’t involve remodeling your tiny apartment & you can do it yourself. You just need to know how. So this is the solution:

1. Place a curtain around the bed which will give your sleeping space some tranquility & privacy. 

(Image credit: www.designingidea.com)

2. If your workspace only consists of a laptop, just use a bookshelf instead of taking up space with a desk.

(Image credit: www.ebay.com)

3. The curtain separator works for a kitchen too. 

(Image credit: www.pinterest.com)

4. Use a piece of plywood to build a makeshift wall that you can place a desk against. Place your TV here to mentally separate your sleeping space from your entertainment space. 

(Image credit: www.buzzfeed.com)

5. A chest doubles as a coffee table and as storage.

(Image credit: www.smallhouseunderabigsky.wordpress.com)

6. Make a couch that swivels into a bed. 

(Image credit: www.brit.co)

7. A ceiling-hanging clothing rack takes advantage of your vertical space. 

(Image credit: www.abeautifulmess.com)

Residential project at Kestopur, Kolkata.

A G+4 Residential 

project with 16 flats 


&19 shops available 


at Kestopur near 

Jagatpur Bazaar.

3rd Floor casting is 

going on with 60% 

Completion of 

Construction.......


Construction 

Images are given.......

Brickwork has started 

for this project and 

we will start giving

Possession by Nov 

2016........

NEW TOWN is the main focus to bring more investors in West Bengal......

Courtesy : Dec 16 2015 : The Times of India (Kolkata)

Revised real estate bill can boost buyer confidence......

Image credited from: www.posthabitat.blogspot.in

Over the last one decade when real estate markets in India saw a dramatic rise, home buyers were mostly at the receiving end. Lately, the biggest issue facing buyers is delays in completion of projects and in some cases builders cheating them of their life savings.

In its new avatar, the real estate regulatory bill will help change the current sentiment among home buyers, boosting confidence among them, say property market experts.

The Union cabinet on Wednesday approved 20 major amendments to the Real Estate (Regulation and Development) Bill, 2015, which aims at greater accountability, investor protection, transparency and efficient working in the real estate sector.

These changes were based on the recommendations of the select committee of Rajya Sabha that had examined the bill pending in the upper house of the parliament. 

Anshuman Magazine, managing director of property consultancy CBRE says the bill in its new form is a further positive for the consumer. "Property buyers will get more confidence and comfort." The new bill seeks to make even small developers accountable, which was not the case earlier. It mandates that even residential projects measuring 500 sq metre or with eight apartments to also be registered with the regulatory authority. The limit earlier was up to 1,000 sq metres. 

The most important change that is being made is the shorter adherence timelines. Regulatory authorities will now be required to make regulations within three months of its formation as against six months earlier proposed, while the states will now have to make rules within six months of notification of the proposed Act as against one year earlier proposed. 

Allottees will have to take possession of houses in two months of issuance of occupancy certificate. Also appellate tribunals and regulatory authorities will now have to adjudicate cases in 60 days as against 90 days proposed earlier.

"These shorter timelines would ensure speedy and stricter completion of projects," says Samantak Das, chief economist & national director - research, Knight Frank India. "Also the option to approach 644 consumer courts at the district level, along with the real estate regulatory authorities proposed to be set up under the bill, would bring the confidence of the buyers back in the market and increase sales," he adds. 

The Bill also provides an option to set up adjudicating officers and Appellate Tribunal for fast-track dispute resolution. One of the big challenges for home buyers has been going for legal recourse. "Not many people go for legal recourse in case of a dispute with a builder as it takes a long time to get resolved. The new bill provides for speedy redressal," says Magazine. 

Builders will now have to pay equal rate of interest in case of default or delays as home buyers. What has also been changed is the liability of builders for structural defects that has been increased from the earlier two to five years now.

The compulsory deposit of proceeds in escrow account will not only protect the interest of consumers, but will also act as a confidence booster in the real estate sector.

"This provision has been introduced in the bill to ensure that money received for a project is primarily utilized for developing that same project; and thus reduce delays in project deliveries," says Surabhi Arora, Associate Director, Research at Colliers India.

Real estate developers will now have to deposit 70% of the project cost in a separate escrow account, from 50% proposed earlier. The revised bill also includes an enabling provision for arranging insurance of land title, which will protect buyers and developers from frauds.

"Homebuyers will not have to worry about the approval or stage of the construction of project if this bill gets implemented in its current form," says Pawan Jasuja, director of brokerage firm Finlace Consulting.

Promoters of the project are now barred from changing plans and designs without the consent of the consumer. "Developers would now have to give more time in the planning phase than execution," adds Jasuja. 

Credited from : www.economictimes.indiatimes.com

Where to buy a property ??

Generally, there is a price differential between different locations which will always be proportionate to its strategic placement which could be linked to accessibility to highways, markets, business districts and overall livability. It is quite possible that a particular area has good infrastructure, access to markets and entertainment means but if it is loaded with existing and upcoming projects, the price rise in that area may not be dramatic, but a gradual one. One may make an estimate of the number of available and proposed flats in an area through good brokers and ascertain the past price movement in the short term. Things to be kept in mind while finalizing the location for your house:

1. The location should be within approved/sanctioned master plan.
2. The location should have good connectivity.
3. Infrastructure services such as power, water supply, drainage should be present.

Credited from : www.magicbricks.com
Image credit : www.thisismoney.co.uk

Your Dream Home can be in Rajarhat, Which is Really Growing Very Fast.....

Image credit: www.team-bhp.com

Rajarhat a neighbourhood locality to Kolkata city, is known to be a fast growing and well-planned city state. The satellite city is highly preferred in real estate terms. It has been experiencing investments from people of the state capital and other areas of West Bengal. Magicbricks noted that the area offers maximum housing options for sale.

Being so close to Kolkata, Rajarhat has a developed social and physical infrastructure. The city offers everyday necessities making it an ideal place to live. As an end user buyer or an investor, Rajarhat offers over 30 new projects which are scheduled to be delivered by this year end.

Rajarhat is a planned township and is further divided into three areas namely Action Area – I which comprises of malls, residential and commercial spaces too followed by Action Area – II serving as the main central business district (CBD) comprising of institutional plots, IT Business Parks, plots and apartment complexes and lastly Action Area - III mainly consisting of high-rise residential complexes and mini sub-townships.

As per the Magicbricks data, the new projects offer 2 and 3BHK configurations in sizes from 600 to 1600 sq ft. The property values vary from Rs 17 - 68 lakh.

Further, the New Town Acton area is also witnessing residential development. The sizes of 2 and 3BHK apartments vary between 720 to 1500 sq ft and are priced between the budget ranges from Rs 18 to 80 lakh.

The main mode of transportation in Rajarhat and neighbouring areas include auto rickshaw and local buses. The locality is situated at approximate 5 km distance from the Netaji Subhash Chandra Bose International Airport and at approximate 12 km from Sealdah Railway Station via the VIP Road.

Future prospects of Rajarhat and the neighbouring New Town Action areas seem to be positive and bright.  Considering the present rate of development in the residential housing sector, investment in the locality definitely seems profitable.

Credited from: www.magicbricks.com

New Town may get a Electronic Health Care unit in near future........

The New Town Kolkata Development Authority is planing to tie up with Ohio Hospital for introducing an Electronic Health Care System in New Town, in which a patient will be able to consult a doctor after a preliminary Check up.

Image credit : Wbhidco

Upcoming Residential complex at Rajarhat off 91 bus route.

Horizon is the most  prestigious residential project developed by Red Ant Realty. The project is now in pre-launching stage. This project is located off Rajarhat 91 Bus rute beside Rajarhat Police station. This project is a total development of approx 6.5 bighas (130 Kottahs). There will be  approximately total apartments across 14 blocks with all modern amenities & facilities.

Location Advantages:

Horizon is located beside Rajarhat Police Station & just 150 meters away from  Rajarhat 91 bus route.

6 Km from Chinar Park.

800 m from Rajarhat Choumatha.

13 Km from Sec-V, Salt Lake.

9 Km from Airport.

3.5 Km. from the nearest Metro station (Akankhya).

About Us:

Red ant realty is one of the leading real estate developers in Kolkata specializing in superior quality residential as well as commercial developments within Kolkata city. At red ant realty, we believe in providing quality, breakthrough real estate products and services that home buyers most want and need.

In a short span Red Ant Realty has developed into an established brand in delivering comprehensive professional solutions to real estate development across all industry verticals  Residential, Commercial, Retail and Township.

Residential Projects in Rajarhat Becoming Increasingly Popular in Kolkata.

Kolkata, the city of joy has been witnessing a sluggish off-take of Real estate projects in spite of the city’s relentless attempt to give a push to the concerned field. Regardless to say that in comparison with the other metropolitan cities, Kolkata has been really lagging behind in terms of standing out amongst the crowd. Recently, a Cushman & Wakefield research has found that Kolkata is going to have a requirement less than a Lakh real estate unites within the next few years. There is no doubt that this ratio will lead the city to get the lowest rank among every metro city in India.

In this study, the reputed residential services company Cushman & Wakefield has projected a requirement of around 97,300 real estate unites in Kolkata between 2014 to 2018. According to this study, more than half of the requirements would derive from the low-incoming section. Around 34% requirement is projected to derive from the middle-income section, while the rest would come from people belonging to the higher-income brackets.

As per the sources said, around 34% requirement is expected to come back from the middle-income workforce, while the rest of the demand may come from the people from bigger-revenue brackets. In line with the document, the delivery of real estate models in the cosmopolitans would remain flat between 2014 and 2018 at around 65,600 items. It is expected to have more than half of the presents to belong to the middle-income group, whereas the demand would be projected mostly within the lower-income group.

The above-mentioned study has shed a light on the current state of Kolkata real estate project that is undergoing a bad-patch presently. The persistent tenacity of the end-users for finding the perfect home has though helped the current scenario of real estate projects in Kolkata experience a discernible progress these days. Despite the national meltdown as well as the global economic meltdown, the aspirant end users of realty are bunching several projects in search of a perfect residence. This current trend has become palpable even in Kolkata these days. Remaining under the wings of this ongoing trend, the residential developers in Kolkata have succeeded in leaning towards their own inhibition of delving into low-cost residences. Now they are not even hesitant to invest in lands that are even beyond the boundary of Kolkata.

A couple of months ago, such trends were hugely criticized since the middle-class population had a very few option for commuting from the suburbs to the major business districts in the city. Today, the improved transportation and communication of Kolkata have brought oodles of ease in terms of having a hassle-free communication all across the city of joy. Hassle-free communication and cost-effective transportation facilities have undoubtedly led many real-estate projects including the upcoming residential projects in Rajarhat etc. to bloom with great expectations.

Providing a number of luxury residential amenities, easy communication, hassle-free transportation etc the new residential projects in Rajarhat have earned oodles of public appreciation from every nook and corner of the city.

Credited from: www.storeboard.com

You can make your home look better not ignoring but decorating the corner area?

We tend to ignore the corners in our homes. They are weird in-between places that don’t have an automatic solution, and wind up in awkward decorating limbo, both overlooked and undervalued. What are you supposed to do with them anyway?

There are few ideas how to make it look attractive.

•      Insert a Curved or Sectional Sofa which will match up one angle with each other.

Image Credit: http://www.jazdecor.com

• Place Some Plants

Image credit: http://www.inonit.in

• A large surfboard becomes a decorative element when placed out of the way in a

  
  

  corner.

  
   Image credit: http://materialgirlsblog.com

• Angle the Television through placing it in the corner gets it out of the way, and fills an otherwise empty space.

  
  
  
  Image Credit: http://www.cymax.com

• Turn an unassuming corner into something unique, with the help of dramatic decor, such as this hanging rattan chair.

Image credit: www.decorpad.com

•  Find a Corner Cabinet or Table which nestles perfectly into corners, taking up the least amount of space possible.

Image credit: http://www.devonfurnituremakers.co.uk

       Add Some Shelves which is a quick and easy project.

Image Credit: http://www.lushome.com

Eiffel tower in Kolkata Eco Park.

Image credit: 7-themes.com

New Road to cut Airport commute by 15 minutes by next year.

Cutesy: Times of India on 24th November, 2015

Do you know that you can claim Income Tax benefit from House property & home loan ?????

Image credit : http://www.goodhomeadvisor.com

You can claim deductions against both the interest component of your home loan and HRA, if you are staying in a rented house and buy your own home.

You can claim a deduction against the interest paid on a home loan taken for the purchase of a house. The principal amount in the repayment of a home loan can be added to the Section 80C limit of Rs 1.50 lakhs for tax saving. The interest component of a home loan is allowed as a deduction under Section 24 for up to Rs 2 lakhs in case of a self-occupied house. In case the house is in the names of your spouse and you (bought with a joint loan), each one can avail Rs 2 lakhs of the interest component as a deduction.

This limit is only for a self-occupied house. In case the property is rented out, you can deduct the entire interest paid on the home loan. The rent earned from the property is added to your income. If the rent received is lesser than the loan's interest, it will lower your overall tax liability.

In case a property has been acquired or constructed with borrowed capital, the interest payable on the amount borrowed for the period prior to the previous year in which the property has been acquired or constructed is also eligible for deduction. Such interest is deductible in five equal installments commencing from the previous year in which the house has been acquired or constructed. The first installment is deductible in the year in which the construction of the property is completed or the property acquired, and the balance four installments in the four subsequent years.

It is to be noted that the loan must have been taken to construct or ac quire a house. In addition, the construction or acquisition of the residential unit with the loan should have been completed within three years from the end of the financial year in which the capital was borrowed. In order to claim the deduction you should furnish a certificate from the bank to whom the interest is payable on the capital borrowed, specifying the amount of interest payable.

The interest is allowed as a deduction on accrual basis on due basis even if it has not actually been paid during the year. The essential condition is that you should have borrowed the money, and the interest should be payable on the borrowed capital. The funds can be borrowed for the construction, acquisition, repair or reconstruction of a property.

In case of a joint loan, it is important to show the loan repayment by both co-borrowers as they can avail Rs 2 lakhs each against the interest paid as a deduction. Further, you can avail both the benefits home loan repayment and house rent allowance (HRA) if you are paying rent for the house you are staying in and have also taken a home loan to buy your own home.

Ashish Gupta, Times Property, The Times of India, Hyderabad

Retro furniture will add a classy look in your house.

Image credit: tradeindia.com

Deliberately shabby-looking furniture is turning tables in restaurants and houses. Here's how you can replace the shiny ones and get the distressed look for your home

Where once being clean and shiny was the norm, slightly worn out and rough furniture is crowing restaurants catering to yuppies and hipsters to art galleries and upmarket homes. Distressed furniture is finding buyers who are either recycling their furniture to go eco-chic or simply want to make the most of what they already have. The trend is all about cabinets, tables, chairs and beds that look clean yet old and chippy with the paint falling off. "It gives a sense of nostalgia too," says an interior designer who is getting requests from clients to do up the furniture from their parents' generation. Furniture that looks like it's been around the block is for you if you find perfect to be boring.

For instant character

"Distressing adds depth and texture to a piece. Don't get the name wrong though, the furniture is waxed and buffed and may even have a sheen," says a furniture store owner. There's plenty to explore in this trend, since the furniture pieces aren't supposed to match and you can play around with different textures and patterns. Takers for distressed furniture say they prefer it to spending an arm and a leg for designer pieces at expensive furniture stores. "You can buy a piece and completely change the look of it for next to nothing," says homemaker Nikita Menon.

One of the hottest looks now is two-tone distressed. To get that look, apply one layer of paint, let it dry and then apply a layer of another colour of paint. Remove some of the top layer with sand paper so that two colours are visible.

Anyone can do

IT you don't need any special know-how to get started with distressing. All you need is a little creativity and some sense of balance and colour. Giving new life to old furniture is also therapeutic since it's a very physical task. Scour flea markets and street furniture shops lining Oshiwara, Chor Bazaar and Mahim for old pieces in good condition and follow our tips to get started.

Image credit: afghaninteriors.com

Day for distressed furniture

- Start with furniture that has clean lines, like a mirror or a picture frame. Upcycle a small coffee table before moving to a dining table.

- Prep up. Clean the wood and use a deglosser, apply primer and then choose the correct paint just as you would for any painted piece. Once properly painted, the personalising begins.

- Buy some sandpaper and lightly scrape areas that would normally be worn out -for instance, the legs of a table, the handle of a cabinet, and the sides of a drawer. Create general wear    patterns throughout the piece.

- To give the piece true character, take a rock or chain and bang it into the wood to add dents and scrapes.

- With a rag, apply a medium brown stain to the entire piece, paying special attention to panels, details, inlays and lines. The stain will stay on the corners and joints and anywhere you've  use sandpaper.

- Once the stain is dry, apply a clear coat of polyurethane. An oil-based polyurethane will yellow up and a water-based one will stay clear.

Kasmin Fernandes, Times Property, The Times of India, Kolkata