2021-12-29-莱坊-KOLKATA_RESIDENTIAL_PROPERTY_REGISTRATIONS_UPDATE_-_DECEMBER_2021_3页_1mb

报告摘要

Strong December Performance: Greater Kolkata's residential property registrations in December 2021 showed a significant recovery after November 2021's lull, with a 248% MoM growth and a 64% YoY increase compared to December 2020.
Stamp Duty Rebate Catalyst: The extended 2% stamp duty rebate window introduced in July 2021 acted as a major catalyst, boosting registrations (accounting for 56% of units sold during the rebate period).
Unit Size Preferences: Smaller units (47-92 sq m/501-1000 sq ft) and the largest units (93 sq m+/1001 sq ft+) saw substantial YoY growth (209% and 230% respectively), while the smallest units (0-46 sq m/0-500 sq ft) experienced a significant YoY decline (-62%).
Micro-Market Activity: Peripheral locations, particularly near Dum Dum Airport, Madhyamgram, Belgharia, and South Dum Dum, witnessed a surge in registrations, especially for larger units.
Regional Shift: Northern and southern micro-markets gained popularity, with buyers opting for well-developed peripheral locations to secure bigger apartments within budget. The South micro-market holds approximately 33% of the city's residential sales share for 2021.

There are cautious expectations for January 2022 due to the Omicron variant, suggesting continued monitoring is necessary.

Total Apartments Registered in Dec 2021: 44,940
Apartment Size Growth:
- 47-92 sq m (501-1000 sq ft): 209% YoY Growth
- 93 sq m & Above (1001 sq ft+): 230% YoY Growth
- Below 46 sq m (0-500 sq ft): -62% YoY Growth
Dec 2021 Micro-Market Shares:
- South: 40%
- North: 31%