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  For many hard-working families in Kolkata , the dream of owning a modern apartment in the thriving New Town area often feels out of reach. The West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has launched a transformative initiative to turn this dream into reality. The Affordable Housing Project, featuring   Nijanna (1BHK)   and   Sujanna (2BHK)   flats, offers a golden opportunity for eligible citizens to secure a high-quality home through a transparent government lottery system. As your trusted RERA-registered real estate consultant, Propserve  is here to simplify all the details for you. Consider this your comprehensive guide to understanding and navigating this landmark opportunity.  Project Snapshot: Your Opportunity at a Glance This is not a conventional real estate sale. It’s a social welfare initiative where the government has provided land to make ownership affordable. Here are the official details: Feature Nijanna (For ...

If you’re in the market for a new home or looking to sell your property in the City of Joy , a major shift just happened that you need to know about. For the first time in seven years, the West Bengal government has announced a massive hike in circle rates across Kolkata and its suburbs. The increases are not minor adjustments—they range from a significant 15% to a jaw-dropping 90% in some key areas. This is the biggest property valuation shake-up we’ve seen in nearly a decade, and it directly impacts your wallet. At  Propserve , we believe an informed buyer or seller is an empowered one. So, let’s break down what this circle rate hike means for you. First Things First: What Exactly is a Circle Rate? Think of the circle rate as the government’s "minimum price tag" for any property in a specific area. When you buy a home and go to register the sale, the stamp duty and registration fees you pay are calculated on either the  actual sale price or this government-set circle rate—w...