Learn more by clicking our most recent Kolkata MarketBeat reports on the various sectors below.
Kolkata MarketBeat Reports
Kolkata Office Report
Kolkata Retail Report
Kolkata witnessed retail leasing volumes of ~45,000 sf in Q2 2023, a decline of around 20% as compared to the previous quarter. Main streets continue to dominate the leasing volume with a 70% share. No new mall supply seen in Q2. Moreover, rents rose across Grade-A malls and prominent main streets.
Kolkata Residential Report
Kolkata saw a 78% y-o-y increase in new project launches in Q2 2023, with 4,750 units. RERA implementation and government incentives drove registrations. The mid-segment dominated with a 58% share of quarterly unit launches with the affordable segment contributing 41%. Rental values in prime office areas rose by 14-15% due to employees returning to work, thereby creating more demand for rental apartments.