Housing Infrastructure Development Corporation (HIDCO) plans and executes development projects in New Town, Kolkata. The erstwhile planning area of HIDCO is divided into four Action Areas i.e. Action Area - I, Action Area – II, Action Area - III and Action Area - IV (still not started). The Central Business District (CBD) is located between Action Area - I & II. As multinational IT companies are coming in New Town, HIDCO is developing the city as per their master plan. HIDCO has also decided to install the geographic information system (GIS) to integrate the database on the number of house owners, property tax, mutation, building construction etc. in New Town.