Demand for new affordable housings in Kolkata

Q: How is the demand for affordable housings in Kolkata?

Rajarshi Gupta, Kolkata

28th September 2012

Real estate News in Kolkata

affordable housings

residential projects

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Replies (5)

Hi, Is it true that the demand of affordable housing in Kolkata has been increasing day by day? please discuss the current market trends?

Anil Debnath, Kolkata

12th August 2015

Comment

Hi Anil, I think you are right Now a days real estate as overall has shown great boost in the current market .As per latest survey Kolkata recorded a hike in supply of affordable properties. Most of the homes falling in this category are concentrated in the north and south zones of the city.

Kaustav Paul, Kolkata

12th August 2015

Housing for All govt focusing, supplies of affordable homes across the major Indian cities. Kolkata, too, has shown in housing the lower-income segments of the society. The city has shows a wave in the supply of properties priced below Rs 25 lakh.

Alokesh, Kolkata

12th August 2015

Absolutely agree... I came across goods article and as per article the north zone recorded the highest supply of under-construction homes within Rs 25 lakh Madhyamgram from North Kolkata had the maximum properties in this category. South Kolkata with localities such as Narendrapur and Baruipur followed with 28 per cent supply of these housing units.

Rajarshi Gupta, Kolkata

12th August 2015

Rajarhat was the most popular location for supply of affordable housing excluding the New Town areas.As a growing commercial centre, Rajarhat is one of the most coveted growth corridors of Kolkata. Kolkata's real estate market is currently plagued by the wait-and-watch mode of homebuyers, a surge in supply of properties in the popular ticket price is expected to push sales volumes up.

Kaustav Paul, Kolkata

12th August 2015

Currently there are around 42,000 residential units under construction in the city and its surrounding areas, out of which nearly 8,000 units are slated for completion by the end of this year.

Joseph Sebastian, Kolkata

28th September 2012

Comment

According to sources, there has been 61 per cent absorption in the affordable and mid-segment homes with ticket sizes less than Rs 50 lakh.

Biswanath Mukherjee, Kolkata

28th September 2012

Comment

Kolkata’s residential market is expected to remain stable for the coming quarters of 2012-13.

Sudip Ganguly, Kolkata

28th September 2012

Comment

According to survey, it is found that despite a dip in the number of new launches in Kolkata’s residential market last fiscal, it has not affected demand for the affordable and mid-segment housing.

Bijoy Das, Kolkata

28th September 2012

Comment