Speaking to The Statesman, Sushil Mohta, Chairman, Merlin Group & President, CREDAI, West Bengal, shares his perspectives on these.
Excerpts:
Q: How was 2024 for Bengal, in general, and the Kolkata market, in particular, as far as real estate sector is concerned--both residential and commercial?
Mohta: The year 2024 has been a pretty good year for the overall economy and Real Estate sector riding high on the growing demand, economic growth overall prosperity and growing disposable income in the hands of middle class.
The year has witnessed record registration in residential projects till the stamp duty waiver was there.
Rera has been a huge differentiator, this has consolidated the market, buyers are more confident in investing as they see their protection!
Diese Geschichte stammt aus der January 01, 2025-Ausgabe von The Statesman.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 01, 2025-Ausgabe von The Statesman.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Jamshedpur FC hoping to ride home momentum against Bengaluru FC
Hosts face formidable challenge as in-form former champions chase league leaders Mohun Bagan Super Giant
Man City Has To Think About De Bruyne's Future: Guardiola
With Kevin de Bruyne entering the final six months of his contract at Manchester City, head coach Pep Guardiola has claimed the club has to think about the Belgian's future as he is now allowed to explore his options and talk with foreign clubs over pre-contract agreements.
India's Smartphone Market to Cross $50 Billion in Value This Year: Report
India's smartphone market is projected to cross $50 billion in value by 2025, driven by the ongoing trend of premiumization and thrust on local manufacturing, a report showed on Friday.
80 Per Cent Of Health Insurance Policyholders Believe There're Intentional Delays In Claims: Report
Over 80 per cent of the health insurance policyholders believe that there are delays in claims which are intentional, designed to pressure policyholders into accepting lower claim amounts.
Govt Amends Foreign Trade Policy To Give Stakeholders A Say In Decisions
The Directorate General of Foreign Trade (DGFT) has notified the amendment in the Foreign Trade Policy, 2023 to make it necessary to hold consultations with stakeholders to seek views, suggestions, comments or feedback from relevant stakeholders, including exporters and industry experts concerning the formulation or amendment of the Foreign Trade Policy.
Bears Take Charge of Market Amid Selling in IT, Pharma & Banking
The Bank Nifty index opened on a slightly negative note
DPIIT and Startup Policy Forum join hands to empower Indian startups
The Department for Promotion of Industry and Internal Trade (DPIIT) has formed a landmark partnership with the Startup Policy Forum (SPF) to establish India as a global hub for innovation and entrepreneurship.
Employment in Indian manufacturing sector up for 10th month in a row
Not only did employment in the Indian manufacturing sector increase for the 10th month in a row during December, but also the rate of job creation quickened to the fastest in four months, according to a new report.
India Sees Office Leasing Volume at Record 89 Million Square Feet in 2024
India's office sector saw an unprecedented 89 million square feet (MSF) of gross leasing volume (GLV) across the top eight cities in 2024, according to a report on Friday.
Finance Ministry launches 'Baanknet' portal to aid PSBs recovery
Department of Financial Services (DFS) Secretary M Nagaraju launched the revamped e-auction portal 'Baanknet'.
