Shivalaya Apartment

With developers focusing on reducing the cost of housing units to increase sales, the average price of new residential units that were launched in 2016 in the top eight cities of India, has dropped by 14%, as compared to the previous year, says a report by Cushman & Wakefield

In a move to boost the real estate market in the state, the West Bengal government will invite bids from developers, for new townships and has also identified six cities for development

Compact homes up to 500 sqft make up 54% of registered residential properties, the report said.

Delhi-NCR registers the highest sales in the luxury segment, contributing 57% to the overall pie, mentioned the report.

The buyer must pay flat registration charges in West Bengal 2025 to get his property in legal records.

While Mumbai at 48% is the least affordable city, Ahmedabad, Pune and Kolkata are the most affordable markets, the report said.

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