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KOLKATA: In February, the Kolkata Metropolitan Area (KMA) saw a significant increase in residential property registrations, reaching 4,974—a 63% rise from the previous month. This uptick is attributed to a recovery from the seasonal dip observed in January, according to property consultant Knight Frank India.
Compared to February 2025, this year’s registrations saw a slight decline of 1%, with 5,016 units recorded last year.
The data originates from the Directorate of Registrations and Stamps Revenue, Government of West Bengal, and accounts for transactions in both the primary (new sales) and secondary (resale) markets for residential apartments.
Properties ranging from 501 to 1,000 sq ft led the market, contributing to 58% of all registrations in February, a notable increase from 44% last year. Conversely, the percentage of units under 500 sq ft fell from 52% to 32%, while homes larger than 1,000 sq ft grew to 10%, indicating a gradual trend toward larger living spaces, as noted by Knight Frank India.
Notably, North and South Kolkata comprised approximately 75% of the total registrations for the month, with the northern region leading at 41% and the southern region following at 33%.
Among specific areas, Rajarhat topped the list with 381 registrations, followed by Dum Dum (352) and Barasat (337). Collectively, the top 10 locations accounted for 53% of all apartment registrations.
Commenting on these numbers, Sushil Mohta, President of the Confederation of Real Estate Developers’ Associations of India (CREDAI)-West Bengal, stated, “The impressive 63% increase in registration reflects buyer confidence and showcases underlying market resilience. Although the growth is a rebound from a seasonal low, the more significant takeaway is the persistent demand for mid-sized homes. The preference for the 500-1,000 sq ft segment signifies a clear pivot towards practical and value-driven housing options in Kolkata’s residential landscape, although there is also movement towards the premium segment.”
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