Did anyone know about the new pre launch project in Newtown, Rajarhat & what is the option post GST.
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  • I think Hijibiji is a new project. ETC is 2020. It's the first large scale project of Realtech. Other big budget projects are just way too risky right now.

    All this is on paper. In reality, the place where they're building the project is underdeveloped to say the least. Although prices are reasonable as of now, it's still at a premium considering you'll be at least 10-15 minutes' drive away from Rajarhat town and another 10-15 minutes from Salt Lake. It's not remote or anything but it's an area which isn't likely to develop. Let's face it, the IT industry is going through a rough time and investments in that sector will obviously slow down leading to lower revenue for the government and therefore a slowdown in the development of the area. Tough times.
  • Vedic launched one high-rise project near Aquatica.