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	<title>India Properties - Real Estate India - Indian Property News Site &#187; Kolkata</title>
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	<link>http://www.indianrealtynews.com</link>
	<description>Indian Property News Site with Latest Properties News and Updates on Real Estate News in India - Get Instant Property News Alerts and Enter Discussion Forum</description>
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		<title>mjunction eyes Nokia Siemens land in Kolkata to build IT campus</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/mjunction-eyes-nokia-siemens-land-in-kolkata-to-build-it-campus.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/mjunction-eyes-nokia-siemens-land-in-kolkata-to-build-it-campus.html#comments</comments>
		<pubDate>Mon, 14 May 2012 12:17:33 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[http://economictimes.indiatimes.com/markets/real-estate/news-/mjunction-eyes-nokia-siemens-land-in-kolkata-to-build-it-campus/articleshow/13130702.cms]]></category>

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		<description><![CDATA[KOLKATA: mjunction Services Ltd, an equal e-commerce joint venture between Tata Steel and Steel Authority of India ( SAIL) plans to acquire a 9 acre plot in Kolkata where Nokia Siemens Networks (NSN) runs a loss-making landline gear manufacturing unit. mjunction, which conducts e-auctions of steel and coal on an electronic platform, has been scouting for prime real estate in the city to set up an IT campus. Nokia Siemens is likely to shut down its Kolkata plant as part of a global decision to sell non-profitable fixed-line assets worldwide to cut losses. It has 73 employees in the Kolkata unit who were recently offered a voluntary separation scheme that [...]]]></description>
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		<title>Bengal urban land policy seeks 30% reservation for low-cost housing</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/bengal-urban-land-policy-seeks-30-reservation-for-low-cost-housing.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/bengal-urban-land-policy-seeks-30-reservation-for-low-cost-housing.html#comments</comments>
		<pubDate>Sat, 21 Apr 2012 08:31:40 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[http://www.business-standard.com/india/news/bengal-urban-land-policy-seeks-30-reservation-for-low-cost-housing/471903/]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9711</guid>
		<description><![CDATA[The promise of Ma, Mati, Manush governance by Mamata Banerjee may fall short of the second M-word, meaning land — at least for real estate developers in the state’s capital city. For, the West Bengal government has now decided to bring in an amendment to the Urban Land (Ceiling and Regulation) Act (ULCA), 1976, an eyesore of developers for quite some time. The proposed alteration will stipulate the developers to reserve 30 per cent apartments in big housing projects for the low-income group (LIG). Industrialists have been seeking a total repeal of the Act, introduced in 1976 to prevent hoarding or excessive holding of land in urban centres. West Bengal [...]]]></description>
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		<title>Bengal Land Reforms (Amendment) Bill 2012 passed</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/bengal-land-reforms-amendment-bill-2012-passed.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/bengal-land-reforms-amendment-bill-2012-passed.html#comments</comments>
		<pubDate>Tue, 03 Apr 2012 04:45:14 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Kolkata]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=9315</guid>
		<description><![CDATA[Kolkata: A bill facilitating relaxation of urban land ceiling laws in setting up industry in West Bengal was today passed in the state assembly by 252-46 votes despite Opposition by Left Front members. In the absence of Chief Minister Mamata Banerjee, who is also in-charge of the Land and Land Reforms department, in the House, the West Bengal Land Reforms (Amendment) Bill 2012 was introduced by Parliamentary Affairs Minister Partha Chatterjee for discussion. Immediately after it was moved in the Assembly, Leader of Opposition Surya Kanta Mishra said such an important bill required a detailed discussion before passage in a hurry and demanded that it be referred to a select [...]]]></description>
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		<title>Kolkata Port Trust may monetise 100 acres of its land</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/kolkata-port-trust-may-monetise-100-acres-of-its-land.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/kolkata-port-trust-may-monetise-100-acres-of-its-land.html#comments</comments>
		<pubDate>Tue, 13 Mar 2012 19:57:16 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[http://economictimes.indiatimes.com/markets/real-estate/news-/kolkata-port-trust-may-monetise-100-acres-of-its-land/articleshow/12251230.cms]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=8669</guid>
		<description><![CDATA[NEW DELHI: The Kolkata Port Trust, which owns more than 10,000 acres of prime property in and around Kolkata, may just succeed in monetising some 100 acres of its land through commercial use. West Bengal chief minister Mamata Banerjee has sought union shipping ministry&#8217;s approval for effective utilisation of some 100 acres of KoPT&#8217;s vacant land. Part of the port&#8217;s land is currently home to some shabby real estate, several years old, fetching rent as low as Rs 10 a month. KoPT chairman ML Meena said, &#8220;The state chief minister has sought shipping ministry approval for effective utilisation of some 100 acres of vacant land. Of this, about 30 acres [...]]]></description>
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		<title>Kolkata realty goes up but policy uncertainty affect projects</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/kolkata-realty-goes-up-but-policy-uncertainty-affect-projects.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/kolkata-realty-goes-up-but-policy-uncertainty-affect-projects.html#comments</comments>
		<pubDate>Mon, 12 Mar 2012 04:20:41 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Kolkata]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=8622</guid>
		<description><![CDATA[There is no doubt that the property prices in almost all the micro market of eastern city is going northwards, yet uncertainty looms large over Kolkata realty. There have been less transaction and even lesser new launches in the city, even when the state chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI) demands ten satellite towns in the state. The real estate projects have been on a standstill as the developers are apprehensive of the policy of the Government post the change of power after 34 long years. In the last one year, the city has witnessed fewer number of new project launches as compared to [...]]]></description>
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		<title>Meinhardt to invest 100 cr in 2012</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/meinhardt-to-invest-100-cr-in-2012.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/meinhardt-to-invest-100-cr-in-2012.html#comments</comments>
		<pubDate>Mon, 30 Jan 2012 04:13:29 +0000</pubDate>
		<dc:creator>Sublimation</dc:creator>
				<category><![CDATA[Kolkata]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=7371</guid>
		<description><![CDATA[Global engineering, infrastructure and project management consultancy firm, Meinhardt plans to invest over Rs 100 crore this year to increase its footprint in India. Meinhardt will be increasing its presence in Kolkata, Mumbai and in a Southern city within a year. It has initiated talks to acquire a couple of consultancy firms engaged in water supply and sewerage space. Talking about the firm&#8217;s plans for India Rajesh Srivastava, MD-Meinhardt India, said, &#8220;The growth curve of Indian economy is at an all-time high and contributing to the upswing is the Infrastructure sector in particular. Growth in this sector is driven primarily by globalisation of Indian corporate, growing presence of foreign businesses [...]]]></description>
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		<title>Videocon arm to withdraw IT/ITeS SEZ project in Bengal</title>
		<link>http://www.indianrealtynews.com/real-estate-india/kolkata/videocon-arm-to-withdraw-itites-sez-project-in-bengal.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/kolkata/videocon-arm-to-withdraw-itites-sez-project-in-bengal.html#comments</comments>
		<pubDate>Tue, 17 Jan 2012 14:28:43 +0000</pubDate>
		<dc:creator>Sublimation</dc:creator>
				<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2808350.ece]]></category>

		<guid isPermaLink="false">http://www.indianrealtynews.com/?p=6997</guid>
		<description><![CDATA[A Videocon group firm has approached the Centre to withdraw its IT/ITES SEZ project at Jalpaiguri due to “latest business outlook” in the northern region of West Bengal. ”&#8230;Now, the developer has requested for withdrawl of formal approval stating that the company is not able to implement the project owing to the latest business outlook of the region,” according to a Commerce Ministry document. An inter-ministerial Board of Approval (BoA), chaired by Commerce Secretary Rahul Khullar, will consider this request on January 24. The project was to be implemented by Videocon Realty and Infrastructure Ltd which had been granted a formal approval for setting up 10-hectare Special Economic Zone(SEZ). The [...]]]></description>
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		<title>Private equity funds like Kotak Realty Fund, Redfort Capital and IL&amp;FS plan to exit large township projects</title>
		<link>http://www.indianrealtynews.com/real-estate-india/private-equity-funds-like-kotak-realty-fund-redfort-capital-and-ilfs-plan-to-exit-large-township-projects.html</link>
		<comments>http://www.indianrealtynews.com/real-estate-india/private-equity-funds-like-kotak-realty-fund-redfort-capital-and-ilfs-plan-to-exit-large-township-projects.html#comments</comments>
		<pubDate>Tue, 17 Jan 2012 06:56:56 +0000</pubDate>
		<dc:creator>MANOJa</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[Real Estate India]]></category>

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		<description><![CDATA[BANGALORE/KOLKATA: Private equity funds are trying to exit their investments in large integrated township developments where the projects have been stuck for lack of demand or clarity on approvals. PE funds like Kotak Realty Fund, Redfort Capital and IL&#38;FS, whose township projects have been stuck since they invested a few years ago, are now changing their investment strategies and are focussing on investing in short term, small format projects which will be completed in three to four years at the most. &#8220;Township projects today offer limited scope. We now want to invest in projects spread over two-four million square feet with a smaller average ticket size of 100-250 crore,&#8221; says [...]]]></description>
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