Kolkata’s real estate market confirmed resilience in 2024 post-pandemic, with increased flat sales across numerous value segments. Affordable housing demand soared, supported by new launches and office transactions data analyzed by CBRE South Asia. The number of existing-home sales dropped four.3% in March from February as homebuyers grappled with rising costs and mortgage charges. Homebuyers are nonetheless dealing with affordability points since costs and mortgage charges are elevated. Homebuyer demand declined however home costs actually rose 2% to 5% higher by the end of 2023 versus a 12 months in the past.
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