News & Views on Indian Real Estate

Friday, June 06, 2008

Kolkata goes green

The city is poised to get what probably is its first green housing complex, to be developed by real estate major Siddha Group, with guidance from a state government agency. The project, Xanadu, will have 'energy efficient equipment', as suggested by the West Bengal Green Energy Development Corp, a government enterprise set up to promote environment-friendly projects. The project will be unique in a sense that it will install green energy equipment in the building following the guidelines of the Green Energy Corp. WBGEDCL will provide all technical assistance. With the completion of Xanadu, the housing sector could see a major shift towards energy conserving clean technology. It will be energy efficient, nature-friendly and using energy-saving passive and active solar devices. There will be facilities like rainwater harvesting, solar lighting and solar water heating system in the project.

Anonymous said...

Lot of Companies are going there and lot of hugeReal estate development there which have great boom.I have seen lot of projects on www.propertywala.com which have shown the development of there.

Anonymous said...

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Plz share more about India real estate growth in this ression