Kolkata to rise in commercial realty deals

Kolkata to rise in commercial realty deals
26/09/2016 , by , in News/Views

Only 5 per cent of the 0.3 million square feet of new inventory in mall space is lying vacant in Kolkata

The biggest deal in the commercial realty space was Fosma’s 30,000-sq realty space was Fosma’s 30,000-sqft space in Salt Lake.

“Companies like Fosma have been on the lookout to enter Kolkata for a long time but were unsure about the idea. The stable government is finally closing deals. To begin with, Fosma Maritime Institute and Research Organisation has bought the space in Godrhe Riverside for approximately Rs 16 crore,” said Rahul Baid, head of corporate transactions at Champalall & Co, a city-based real estate consultant.

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