Prime Minister Narendra Modi inaugurated three new metro routes in Kolkata, including a direct link to the Netaji Subhas Chandra Bose International Airport. However, Chief Minister Mamata Banerjee skipped the event, claiming credit for the projects.
Kolkata MetroPm ModiMamata BanerjeeMetro ExpansionReal EstateReal Estate NewsAug 22, 2025
Prime Minister Narendra Modi inaugurated three new metro routes in Kolkata, including the Green Line extension between Sealdah and Esplanade, the Yellow Line stretch from Noapara to Jai Hind Bimanbandar, and the Orange Line.
Mamata Banerjee skipped the inauguration due to alleged harassment of Bengali migrants in BJP-ruled states. The Trinamool Congress accused governments in Assam, Odisha, Delhi, Maharashtra, and Gujarat of detaining and profiling Bengali-speaking workers as ‘illegal Bangladeshis’.
The new metro routes will significantly ease congestion on Kolkata’s clogged roads. The Green Line extension reduces a 50-minute road journey to just 11 minutes, while the Yellow Line stretch to the airport reduces travel time from over an hour to around 30 minutes.
Mamata Banerjee, as the Railways Minister, planned and sanctioned the metro projects during her tenure. She was responsible for drawing the blueprints, arranging funds, and initiating the works, ensuring that different parts of the city were connected by the metro grid.
The new metro routes are expected to boost the real estate sector in Kolkata by making the city more attractive for residential and commercial development. Improved connectivity will likely reduce travel times and enhance the quality of life for residents.
China's real estate sector has been struggling for four years, and policymakers are exploring new measures to revive it. The potential changes include lifting restrictions on non-local buyers in major cities and ending distinctions between first- and seco
Most members of the Group of Ministers (GoM) are not in favour of providing GST relief to the real estate sector, particularly with regard to joint development agreements (JDAs) between developers and land owners.
Despite a meteoric rise in stock price, Arm Holdings is poised to outperform Nvidia in the long run. Here’s why.
The CEO of KKR India, a leading private equity firm, has recently made headlines by acquiring a luxurious apartment in Mumbai for an impressive Rs 880 million. This significant purchase not only highlights the robust real estate market in the city but als
Fractional real estate investments have become increasingly popular, but they come with unique risks. Innovative technologies like deep learning and fog computing are revolutionizing risk assessment methods, offering real-time insights and more accurate p
Alexandria Real Estate Equities (NYSE: ARE), a prominent real estate investment trust (REIT) focusing on life sciences properties, is facing significant headwinds in the current market. Despite its robust portfolio, the company must address supply issues