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Kolkata, the City of Joy outpaced other metros like Chennai, Bangalore, and Delhi in launch of new residential projects ...

  • Category: Property for sale
  • Published: 04/04/2016
  • Current Rating: /5 0 Vote

    Description

    Kolkata, the City of Joy outpaced other metros like Chennai, Bangalore, and Delhi in launch of new residential projects in the fiscal year that is coming to an end. The city received commencement of as many as 17,300 units in the year that began in April 2015, a 122% increase over the previous year, showed a Cushman & Wakefield report. The increase was led by large projects in the affordable and mid segments in the city's peripheral locations, such as Khardaha, Bonhooghly, Rajarhat and Maheshtala. The mid-segment was the highest contributor in total unit launches with a 55% share, followed by the affordable segment at 31%. While capital values showed an increase in these segments, high-end launches remained stable in pricing. Ths might be the best time to invest in property in Kolkata, don’t let this opportunity just go by. Invest your hard earned money in Kolkata and make maximum out of it.


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