housing market

Kolkata housing market starts the recovery process

Kolkata housing market starts the recovery process

The increased awareness about homeownership in the aftermath of the coronavirus pandemic has helped Kolkata improve its supply and sales numbers. The city, however, has a long road ahead of it before it reaches the stages of complete recovery, shows Real Insight: Q4 2020, a quarterly analysis of India’s eight prime residential markets by brokerage firm PropTiger.com. At 1,658 units, new supply in Kolkata was at a six-quarter high. The new supply was concentrated in New Town, Madhyagram and Dum Dum, which contributed 49% to the overall launches. Both 2BHK and 3BHK had an almost equal share in the overall new supply…
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