29
Apr
The real estate market in Kolkata continues to show decline in housing sales as well as new supply as it continues to reel under the impact of a demand showdown. According to a recent report by online real estate company PropTiger.com, new launches in Kolkata declined 50% year on year in Q12022 that is less than a thousand units were launched in Kolkata during the quarter. Home sales dipped 15% YoY in the January-March period of 2022, shows the report, titled Real Insight Residential–January-March 2022. Only 2,860 homes were sold in Kolkata during the three-month period. This decline in sales…