Kolkata makes a strong comeback with the launch of ~10,000 units in FY 21-22. The sales gained momentum on the back of government initiatives.

Kolkata market has picked up pace since the state government introduced 2% cut in stamp duty and 10% reduction in circle rate for registration of property. However, the annual sales and new launches in the market are still 30% and 13% lower than the pre-Covid level and will require a few quarters to normalize. On […]