Are you planning to buy a new residential flat in India? You’ve probably seen terms like Carpet Area Built-Up Area and Super Built-Up Area mentioned in every brochure price list and property agreement. For a first-time homebuyer these terms can be confusing. What exactly do they mean and why are they so different? Understanding these three area measurements is the most crucial step in making an...
Recently, The Times of India featured a detailed report on how Kolkata’s skyline is expanding westward. Howrah and Hooghly — once considered industrial suburbs — are now emerging as Bengal’s newest real estate hotspots. As a leading real estate advisory, Propserve explores what this shift means for homebuyers, investors, and developers — and why now might be the perfect time to look west. The...
Kolkata, a city with a rich history of trade, is embarking on a new journey to reclaim its economic prominence. The proposed World Trade Center (WTC) in the city is not just a building; it is a symbol of this revival, poised to become a powerful new engine for growth in East India. This project, a strategic partnership between the Merlin Group and the US-backed World Trade Centers Association (WTCA),...
What Is a Circle Rate, Anyway?The Big Changes: Where Rates Shot UpWhy Did the Government Do This?What This Means for You, the BuyerThe Silver Lining: A Balanced ViewConclusionThe Propserve Guide: Navigating Kolkata’s New Circle Rates & Tax Realities Frequently Asked Questions (FAQ)How exactly does a circle rate hike increase my property cost?What happens if the circle rate is higher than the market...