Realty News Roundup - January 7, 2016
Channel: PropGuide
Date: 2016-01-07

Check out today's realty news roundup: The state urban development department of West Bengal will auction four commercial plots in Kolkata’s famous Salt Lake area with a minimum base bidding price of more than Rs 1.5 crore per cottah; Union Minister Mukhtar Abbas Naqvi said the government is making strong efforts to ensure low-cost housing and social cover for every citizen. He also added that reform bills such as Real Estate (Regulation and Development) Amendment Bill are necessary for speedy economic development of India; State-run construction company National Building Construction Corp (NBCC) said in the BSE filing that it has bagged contracts worth Rs 8,523 crore in December; Shipping & Transport Minister Nitin Gadkari said the government is planning to move and use sand from rivers for the construction of national highways.