Targeted at elderly couples and individuals who are living alone, the developers are building on the success of a pioneering project done by HIDCO in Rajarhat and coming up with their own ventures in the city
FICCI calls upon industries to extend help in Covid fight According the chamber, several Calcutta-based business houses have already come up with support and more are expected to join
Business chamber Ficci has called upon industries to extend help to mitigate the challenges faced by Bengal in managing the pandemic. It has asked its members to provide supplies of masks, oxygen cylinders and concentrators, apart from re-skilling paramedics in life-saving medical devices such as ventilators.
Several Calcutta-based business houses have already come up with support and more are expected to join, the chamber said. The interventions by the industry has so far been pivotal in easing the supply of medical oxygen, setting up first-level Covid care facilities and importing protective gears such as 3-ply masks.
The sales of residential property appear to be gaining momentum in Calcutta, with big brands cornering a larger share of the pie in a market where launches continue to remain tepid.
Brokerages, developers and people associated with the trade say bookings and transactions have picked up from January for established players, rivalling the situation before Covid-19 sent the economy to deep freeze.
Consumer preference towards big brands having the right expertise to deliver good projects in a time bound manner is also leading towards consolidation in the marketplace.
“There has been a pick-up in demand from October onwards. Well-known builders are getting good traction,” Harsh Vardhan Neotia, chairman of Ambuja Realty, said.