Kolkata's real estate sector exploded with a 105% year-on-year jump in new residential project launches during the first half of 2025, adding nearly 9,000 units. This surge highlights growing developer trust, fueled by robust buyer interest, better infrastructure, and supportive RERA rules. Leading spots like Rajarhat and New Town drive this expansion, signaling a vibrant market ahead.
A massive 17-acre plot in Kolkata's New Town is up for auction at Rs 800 crore, signaling robust growth in the commercial sector. This follows Srijan Realty's Rs 693 crore buyout of DLF IT Park 2, showcasing high investor trust in the city's real estate potential. Experts predict this could transform New Town into a key business hub.
Kolkata's metro expansion fueled a 12% residential property price surge, with commercial rates jumping 30% near new stations, transforming real estate markets.
NKDA has initiated a special camp to assist property taxpayers in New Town, Kolkata, addressing challenges posed by the pandemic, especially for the elderly.