Kolkata Property Registrations Surge 64%

18 Mar 2024 CW Team

Property registrations in Kolkata experienced a substantial surge of 64% year-on-year in February 2024, indicating robust activity in the city's real estate sector. This significant uptick reflects renewed confidence among buyers and sellers, amidst improving economic conditions and favourable market dynamics.

The spike in property registrations can be attributed to various factors, including pent-up demand, favourable lending conditions, and the easing of COVID-19 restrictions. Additionally, initiatives by the government to streamline property registration processes and reduce associated costs may have contributed to the uptick in transactions.

The residential segment appears to be driving much of this growth, with increased interest from homebuyers in owning property in Kolkata. Developers and real estate agents have reported heightened inquiries and sales activity across different residential projects in the city.

The commercial real estate sector also shows signs of revival, with a notable increase in registrations for commercial properties and office spaces. This trend aligns with the gradual recovery of businesses and the resumption of economic activities post-pandemic.

The surge in property registrations underscores Kolkata's resilience and attractiveness as a real estate destination. Despite challenges posed by the pandemic, the city's property market continues to demonstrate resilience and adaptability, presenting opportunities for both investors and end-users alike.

Looking ahead, sustained government support, coupled with continued economic recovery, is expected to further stimulate growth in Kolkata's real estate sector, driving continued momentum in property transactions and investments.

Real Estate

30 Jul 2026

Sixty3 W.E. Business Park Sees Strong Buyer Interest

AGM Vijaylaxmi Group’s Sixty3 W.E. Business Park in Goregaon East has received strong market interest since its launch, attracting enquiries and bookings from business owners, investors and non-resident Indians.The response reflects sustained demand for Grade-A commercial spaces in well-connected business corridors. The project offers modern infrastructure, flexible office formats and long-term investment potential, addressing the demand for high-quality commercial developments in Mumbai.Demand has come from companies seeking efficient workspaces and investors evaluating the project for rent..

EUROBOND Solar Plant Meets 50% of Factory Power Demand

EUROBOND, the flagship brand of Euro Panel Products Limited, has commenced operations at its new 2.2 MW grid-connected solar power facility in Moti Falod, Surat. The commissioning completes the third phase of the company’s multi-year renewable energy expansion and raises its total operational solar capacity to 3.6 MW.The expanded infrastructure will enable the company to meet 50 per cent of its factory power requirements through captive solar energy, compared with its earlier offset capacity of 20 per cent.The new plant is expected to generate 3,000,000 units of clean electricity annually. T..

Oberoi Realty Opens Dining Hub at Goregaon Business Park

Oberoi Realty has launched OGC – Cafés. Restaurants. Bars. at the International Business Park within Oberoi Garden City, Goregaon. The dedicated dining and social destination has been designed to integrate workplace, hospitality and leisure experiences.The development extends the International Business Park experience beyond office spaces, serving professionals, residents and visitors from Mumbai’s western suburbs. Its curated restaurant and bar portfolio includes KOKO, Cin Cin, Baliboo, Dakshinayan, Bodega and Hylo Taproom. Starbucks, TwentySeven Bakehouse, Greenr and Bayleaf Café form ..