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Kolkata sees 54% jump in new home launches in January-March 2017

Kolkata sees 54% jump in new home launches in January-March 2017

Wednesday, April 19, 2017, 5:24 PM

Kolkata witnessed a jump in new home launches by 53.9% at 3,801 units in January-March 2017 quarter against that in the previous quarter, a real estate research firm said. Developers are anticipating higher demand in the coming quarters though absorption remained under stress for Q1, declining by 3.8% due to weak demand, a real estate data, research and analytics firm PropEquity release said.
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