Kolkata homebuyers had to wait longest for flats between 2014 and 2024: Anarock Moneycontrol.com
The time difference between launch and completion of residential projects between 2014 and June 2024 has reduced by around 20 percent to 4.9 years across seven major housing markets, compared to projects that began between 2010 and 2019, according to a report. However, even after a 10 percent drop in time taken, properties launched in Kolkata between 2014 and Jan-June 2024 saw an average of 5.7 years for project completion, a report from the real estate consultancy Anarock showed. The launch-to-completion timeline for housing projects between 2010 and 2019 was 6.1 years across the top seven markets, which includes the Mumbai metropolitan region, National Capital Region, Chennai, Kolkata, Bengaluru, Pune, and Hyderabad, the report added. The same for Kolkata, during that period, was at 6.3 years.