News articles tagged Kolkata

Kolkata's Premium Office Space Boom: A Closer Look at the Demand Surge

Kolkata's office real estate thrives as MNCs and tech firms drive demand for premium spaces featuring advanced tech, flex layouts, and productivity-focused designs.

Kolkata's Residential Market Boom Poised for Continued Growth in 2025

Kolkata's residential market is projected to sustain its robust trajectory in 2025, with sales surpassing 17,000 units and ₹12,000 crore in value, reinforced by its status as India's most affordable major market.

Report: Over 3 crore jobs were created in India’s real estate sector in the last ten years

Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.

The real estate fund of Motilal Oswal contributes. First close of Rs 1,250 crore.

Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.

India’s fast-moving luxury real estate market: Why

The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.

India’s Top 8 Housing Markets See 22% Increase in Sales and Bumper Growth: Report.

India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.

What Makes Kolkata's Highest Building So Special?

Kolkata's Tallest Building: 'The 42' Offers Ultra-Luxurious Residences

Kolkata hiked 124% of registrations YoY in the property

The residential real estate market in Kolkata has shown a strong recovery with a 124% year-over-year increase in property registrations in July 2022.

West Bengal: Real estate rebate window extended till 31 Jan 2022

The West Bengal government has extended the real estate stamp duty rebate and circular rate reduction until January 31, 2022, to boost home sales amid rising demand.

Kolkata: NKDA starts special camp to help property taxpayers

NKDA has initiated a special camp to assist property taxpayers in New Town, Kolkata, addressing challenges posed by the pandemic, especially for the elderly.

Good News! Delhi-NCR Witness Increase Demand for Affordable Homes

Delhi-NCR sees a surge in affordable housing demand, with Gurugram leading the way. Anarock's survey reveals a 10% increase in demand during the pandemic.

Bangalore is costliest Indian city to live in.

Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.

Kolkata real estate take a hike after Price protect scheme

Kolkata's residential market rebounds post-demonetization with innovative price protection schemes. Demand has surged by 15%, boosting sales and queries.

Godrej Prop buys back Red Fort's 49 pc stakes in Kolkata project

Godrej Properties buys back 49% stake in Kolkata IT Park from Red Fort Capital

Housing prices in 12 cities rise, 10 observed dip in Q2

Housing prices rose up to 6% in 12 Indian cities, while 10 cities saw a decline of up to 9% in Q2 FY24. Delhi-NCR experienced a 5% dip QoQ but a 7% YoY surge.

Experts: Rentals to remain low on lesser supply

Experts predict that a decline in office space supply will pressure rental values, while corporate relocation and economic factors affect demand across major cities.

Shapoorji Pallonji's realty planning to extend

Shapoorji Pallonji Group plans to expand its IT parks by 52%, adding 2 million sq ft to its existing 5 million sq ft portfolio across India.

No new malls helps inferior mall vacancy to 15 pc

The report highlights the fluctuations in mall vacancy rates across various Indian cities, influenced by leasing activity and the supply of new retail spaces.

Realty prices may slash down 12-17 pc in months

Property prices may drop 12-17% in Delhi-NCR, Mumbai, and high-end markets by next Diwali, as developers aim to reduce inventory and increase sales. New launches have decreased significantly.

Sofitel to acquire 10 more properties in India

Sofitel, under Accor Group, plans to acquire over 10 luxury properties in India, aiming to expand its operations in major cities amidst challenges in licensing and workforce.

New solar city coming up in Kolkata

Kolkata aims to transform Rajarhat Town into a solar city, with a Rs 400 crore plan focusing on renewable energy and energy efficiency initiatives.

Property Transactions Set to Go Costlier

West Bengal's new property tax proposal faces criticism from CREDAI Bengal, citing increased transaction costs and negative impacts on the real estate sector due to inflated property valuations.

Residential Market Likely To Grow Theme-Based

Theme-based housing is trending in the Indian residential market, driven by global exposure and increasing demand. Tata Housing and Disney are entering the market.

Disney India Launch ‘Theme Home’, Walt Disney Plans To Globalize

Disney India launches 'theme home' concept utilizing Disney characters, sparking global interest for Walt Disney Company.

ICICI Venture Raised $ 700 Million Through Realty Funds

ICICI Venture, a major Indian private equity firm, secured approximately $700 million last year through real estate and other funds. The firm plans further investments in key Indian cities.