Back

Kolkata Index

 • 

West Bengal Tourism • 4m

𝗞𝗼𝗹𝗸𝗮𝘁𝗮 𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝘀𝗮𝗹𝗲𝘀 𝘂𝗽 𝗯𝘆 𝟭𝟲%, 𝗼𝗳𝗳𝗶𝗰𝗲 𝗹𝗲𝗮𝘀𝗶𝗻𝗴 𝘂𝗽 𝗮𝘀 𝗼𝗳𝗳𝗶𝗰𝗲 𝗿𝗲𝗻𝘁𝗮𝗹𝘀 𝗿𝗶𝘀𝗲 𝗯𝘆 𝟳%. Kolkata's residential real estate market has witnessed a significant surge in sales, with a 16% year-on-year (YoY) growth in the 2024 calendar year. The metropolis recorded residential sales of 17,389 units in 2024, making it the 3rd best year for the sector since 2010. The average residential prices in Kolkata also appreciated by 6% YoY to ₹3,815 per sq ft, indicating a steady growth in the market. Office space leasing in Kolkata stood at 1.3 million square feet in 2024, which was marginally up from 1.2 million square feet in 2023, while the average transaction rent increased by 7% to ₹41 per sq ft per month. New office completions in 2024 were recorded at 0.3 million sq ft. Kolkata's office market is undergoing a gradual recovery, driven by consistent demand from occupiers across diverse sectors, particularly IT, BFSI, and healthcare

0 replies3 likes

More like this

Recommendations from Medial

mg

News & updates • 19d

Amazon India entities have leased office space in Godrej Two, Vikhroli (Mumbai). The total area leased is 94,254 sq. ft. at a monthly rent of ₹1.73 crore.

0 replies9 likes
1

Mahendra Lochhab

Content creator • 3m

As of 2024, India is home to more than 750 operational Shopping Malls, with a combined area of over 200 million sq. ft. According to Knight Frank.

0 replies2 likes

Kolkata Index

News on Infrastructu... • 5m

Kurseong IT Park - the First IT Park of the Hills - is steadily taking shape, promising to be a game-changer for Darjeeling and North Bengal! // Phase 1 is expected to be completed by November 2025, with the project pegged at ₹48 crores. The founda

See More
0 replies2 likes
Image Description
Image Description

Mahendra Lochhab

Content creator • 3m

Tesla has secured a 4,000 sq ft commercial space in the heart of Mumbai's Bandra Kurla Complex (BKC). This location will serve as Tesla's flagship showroom in India.

3 replies7 likes
Image Description

Rio

Peace • 2m

Good morning people. I am looking forward to starting a small commercial carpet cleaning business, but I ain't sure how I will connect with business owners or their admins. Also the commercial carpet cleaning business is so cluttered, it needs to b

See More
3 replies3 likes
Image Description

Kimiko

Startups | AI | info... • 4d

Mumbai tops as India’s costliest office market with a 28% rent surge from Rs 131 to Rs 168 / Sq ft between 2022 to 2025 ... It's right time for young entrepreneurs , founders and Co-founders of mid-sized firms should also consider India's top tier-2

See More
1 replies10 likes
Image Description
Image Description

Kolkata Index

News on Infrastructu... • 5m

TVS Industrial & Logistics Park has opened a New State-of-the-Art Industrial Facility in Fulbari, Siliguri, WB. The 1.40 Lakh sq. ft Facility built on 5.56 acres is a Grade A Industrial Park.

6 replies2 likes

Saket Sambhav

 • 

ADJUVA LEGAL® • 4d

From 100 sq ft to Lakhs a Month! 🌿 These Microgreens Stars are Pure startup goals! ✨ Feeling super charged after reading about five amazing microgreens entrepreneurs who started with as little as ~100 sq ft (some even less!) and are now earning lak

See More
0 replies4 likes

TS Fitness

Hey I am on Medial • 2m

Investment Opportunity: TS Fitness Gym We are seeking investors for our state-of-the-art TS Fitness Gym, located in a prime area. Our gym boasts an impressive 4800 sq. feet of space, comprising: - 1200 sq. feet of café area, perfect for relaxation

See More
0 replies2 likes
Image Description
Image Description

Nikhil Raj Singh

Serial Entrepreneur ... • 3m

Tesla has finalized its first Indian showroom in Mumbai’s Bandra Kurla Complex, spanning 4,000 sq ft, with a rental rate of ₹900/sq ft. A second showroom is planned for Delhi, and Tesla is considering importing cars from Berlin for the Indian market.

See More
8 replies20 likes

Download the medial app to read full posts, comements and news.