Kolkata: Housing Demand & Supply in 2014 to 18..!

By C & W Report

Kolkata is expected to witness the lowest demand at about 97,300 units across segments compared to all other metros. Majority of the demand (53 %) is likely to emanate from the Lower Income Group (LIG), followed by 34 % from the Middle Income Group (MIG) and 13 % from the High Income Group (HIG).

Supply of about 66,000 unit is likely to be infused in Kolkata until 2018. However, though the LIG demand is significantly high, majority of the supply is targeted at the MIG and HIG.



Thus, this mismatch in demand-supply leads to sluggish sales and inventory pile-up in the markets. 



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