CST invites EoI developers for a new 5-acre subdivision in the new city



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The Calcutta Stock Exchange (CSE) troubled Stock Exchange has decided to develop a 5-acre plot of land it owns in New Town, on the outskirts of the city, and has solicited the interest of its developers . EoIs of developers either share in income or share the surface. The parcel of land occupies a privileged location in the new area of ​​action II, the new city.

The deadline for submission of expressions of interest has been extended to 12 November.

The tender document indicates that a developer / investor will be selected on the basis of the highest additional area (as a percentage of total constructed area). above supply) or the highest revenue share (as a percentage of gross project revenue) proposed in the project beyond the 100,000 square foot mandatory delivery.

CSE seeks to improve its revenues The Securities and Exchange Board of India, the market regulator, had banned trading activity by citing the lack of standards.

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