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Kolkata MarketBeat Reports

20/07/2021
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: The market is also likely to record more activity in the managed and co-working spaces by both large enterprises as well as smaller firms, especially with the requirement for more distributed office spaces by some of them.

Retail: Kolkata’s retail sector witnessed negligible leasing activity, both in malls and main streets, as the second wave and subsequent lockdown-like restrictions impacted market recovery that had started to gain momentum during the first quarter.

Residential: While demand for spacious homes, including villas and plotted developments at higher price points, has been gaining traction, the demand for more compact, affordable homes stood relatively stronger in the Kolkata residential market.

Investment: Foreign Direct Investment (FDI) inflows in the construction development sector were recorded at INR 10.9 bn during January – March 2021, a slight drop of 4.2% q-o-q. FDI inflows for the financial year 2020-21 declined by 28.3% owing to the pandemic.

Learn more by clicking our most recent Kolkata MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Kolkata Office Report

Rental renegotiations were witnessed in select cases with an objective of bringing escalated rentals at par with the prevailing market norms.

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Shopping Retail
Kolkata Retail Report

Main streets in the city which have resumed business earlier than the malls witnessed moderate pick-up in footfalls towards the end of the quarter.

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Warehouse Internal Rack
Kolkata Residential Report

Affordable segment constituted a major proportion (89%) of the launches in Q2 with developers launching projects mainly in the peripheral locations of the city.

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Warehouse Internal Rack
India Investment Report

Investment demand, measured by gross fixed capital formation (GFCF), increased by 11% as compared to the 2.6% growth in the previous quarter, with capital spending by the government picking up sharply.

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Warehouse Internal Rack
Kolkata Industrial Report

Kolkata recorded 0.47 msf of warehousing transactions in the first half of 2021, more than the total annual transaction volume recorded in 2020.

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