Kolkata Records 17% Surge In Property Registrations, South Zone Leads Real Estate Market: Report
The share of units under 500 sq ft increased from 24% in March 2023 to 45% by March 2024.
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The share of units under 500 sq ft increased from 24% in March 2023 to 45% by March 2024.
In March 2024, the Kolkata Metropolitan Region witnessed a significant increase in apartment registrations, with 3,936 units registered, marking a 17% year-on-year growth, as reported by Knight Frank.
In March 2024, the Kolkata Metropolitan Region witnessed a significant increase in apartment registrations, with 3,936 units registered, marking a 17% year-on-year growth, as reported by Knight Frank. The real estate sector in Kolkata has been advocating for the extension of stamp duty rebate, which is expected to boost residential sales further. The data indicates a shift towards smaller apartment sizes, with units under 500 sq ft comprising 45% of total registrations, up from 24% in March 2023. The South Zone led in apartment registrations, followed by the North Zone, both offering affordabl...
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