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Last Update: Sun Nov 19 20:52:18 2006

+ Kolkata commercial real estate demand shifts to Rajarhat | INRnews + Kolkata, November 17, 2006 : Kolkata is gradually undergoing a transformation which will have a long term impact on the city and its [...] to long term. The catalyst to this change is the emergence of the IT/ ITeS business sector and the resultant developments in Rajarhat.

+ India's retail revolution begins | INRnews + Hyderabad, November 15, 2006 - If India's much anticipated retail revolution has a start date, it could well be the first week of [...] first salvo in what will be a keenly contested battle to win a huge prize - nothing less than the wallets of Indian consumers!

+ Cognizant to invest Over $200 Million in India real estate expansion | INRnews + Teaneck, NJ – November 2, 2006 – Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of IT [...] techno-complexes and expand its infrastructure in five cities – Chennai, Coimbatore, Hyderabad, Kolkata and Pune.

+ Unitech offers apartments in Cascades in Rajarhat, Kolkata | INRnews Project Feature + Kolkata, October 29, 2006 : Flush from the success of selling out the first three phases of the Uniworld City project in New Town, ...

+ Genpact opens 80,000 sq ft facility in Rajarhat, Kolkata | INRnews + Kolkata, October 17, 2006 - Genpact, a pioneer and global leader in high-quality Business Services and Technology Solutions, today ...

+ Wipro signs up for 50-acres of land in Rajarhat + Kolkata, October, 17, 2006 : Wipro Chairman Azim Premji has agreed to the West Bengal government offer of 50-acres of land in Rajarhat [...] The company was looking for land in Rajarhat for a new software development center but had balked at the prevailing prices earlier.

+ Tata Consultancy to start BPO operations in Kolkata + Kolkata, October 02, 2006 : IT major Tata Consultancy Services (TCS) is looking to acquire land in Rajarhat, Kolkata for a new BPO ...

+ IT-led boom drives demand for real estate in Rajarhat, Kolkata + Kolkata, September 28, 2006: IT major Wipro is finding it hard to get 50 acres in Rajarhat,a fast developing suburb of Kolkata [...] the size of neighbouring Salt Lake City. Still under development, this area was till recently a big swamp and full of fisheries.

+ GMR Infrastructure to venture into real estate development + Bangalore, September 24, 2006: Bangalore based infrastructure company GMT Infrastructure is to expand into real estate development ...

+ West Bengal to offer land to CPRI for laboratory + Kolkata, September 22, 2006: The West Bengal government is likely to allot a 3-acre plot near Kolkata to the Bangalore-based [...] operation at Bangalore, Bhopal and Hyderabad.  Future investment on this power equipment infrastructure would be 100-150 crores.

+ Kolkata - Skyhigh rentals on Park Street force retailers to move east + Although Kolkata is a large, sprawling city, the chosen area for high-end retailers and trend-conscious consumers is Park Street. As [...] levels (Rs.225 per sq.ft for ground floor space), the focus of development has now shifted to the eastern end of the popular stretch.

+ Kolkata real estate - Satyam to construct IT facility + IT major Satyam Computer Services is to begin construction of its IT unit on 2.77-acres at Sector V in Salt Lake, Kolkata. The company ...

+ Kolkata real estate sees foreign interest + International Infrastructure Limited (IIL) has just received Rs.30 crore as direct investment from American based firm, New Vernon [...] working environment. Development costs are expected to be Rs.100 crores with the project to be completed by September 2007.

+ Kolkata retail space to host Marks & Spencers + Retailing icon Marks & Spencer has a new address - Avani Heights, next to Exide House in Kolkata. The 30,000 sq.ft. store on [...] partner Planet Sports. The Kolkata market has seen investment by many UK companies including HSBC, Newby Teas and Vesuvius India.

+ Infosys to hunt for affordable land in West Bengal + Infosys' quest for 100 acres of land at Rajarhat in West Bengal has met a price hurdle. While the IT giant is willing to cough up [...] requested by Infosys. The proposed software centre at Rajarhat was to have employed 5000 people with an investment of Rs.250 crores.