Kolkata’s Real Estate Sector Records Strong Growth Across Office, Residential & Retail Segments in Q3 2025

Main Article
Thu, Oct 30, 12:17 AM IST

Kolkata’s real estate market continues to gain strong traction across all major segments, commercial, residential, and retail, reflecting the city’s evolving urban landscape and growing investor confidence.

 

Office: Strong Leasing and Corporate Revival

 

The office market witnessed robust activity in Q3 2025, with leasing volumes touching 0.67 million sq. ft., marking a 65% year-on-year increase.
The growth was primarily driven by IT occupiers (57%) and flex operators (22%), highlighting a healthy revival in corporate activity and a growing preference for flexible workspaces. Kolkata’s office segment continues to attract national and global players, reaffirming its position as an emerging business hub in Eastern India.

 

Residential: Expanding Horizons and Rising Demand

 

Kolkata’s housing sector remained vibrant, with over 5,100 new units launched during the quarter, a 56% rise year-on-year. The peripheral submarkets contributed 79% of this new supply, underscoring the city’s ongoing urban expansion and the increasing demand for affordable and mid-segment housing.
Improved infrastructure, enhanced connectivity, and growing interest from first-time buyers are further driving the residential momentum.

 

Retail: Main Streets Lead the Charge

 

The retail segment also recorded significant activity, with 98% of total leasing taking place on main streets. Fashion brands dominated with 60% share, followed by hypermarkets at 17%, reflecting changing consumer preferences and stronger spending appetite. The return of footfalls to physical stores, alongside brand expansion plans, continues to energize Kolkata’s retail ecosystem.

 

A Balanced Growth Story

 

From office towers in New Town to vibrant housing clusters on the city’s peripheries and bustling high streets in South and Central Kolkata — the city’s real estate narrative is both dynamic and balanced.


Kolkata is steadily emerging as a well-rounded real estate growth story, where economic revival, infrastructure development, and lifestyle aspirations are converging to shape a promising future.