Kolkata's office space demand surged 100% to 6 lakh sq ft in Q2 2025, contrasting sharply with a 10% dip in residential sales. Despite a 23% rise in new housing supply, affordability challenges and geopolitical uncertainty impact buyer sentiment, while commercial real estate thrives on corporate expansion and GCC demand.
Q1 2025 data reveals a sharp 23% decline in housing sales across Mumbai Metropolitan Region (MMR) compared to Q1 2024, alongside a 34% drop in new residential supply. Rising property prices and geopolitical headwinds are major contributors to this market slowdown, with luxury segments dominating new launches. Experts warn of potential market adjustments as affordability concerns impact buyer...