Kolkata’s Realty Boom: 41% Jump in Apartment Registrations in 2025

Main Article
Mon, Aug 25, 01:54 AM IST

Kolkata’s real estate market is witnessing an unprecedented upswing. According to consultancy firm Knight Frank, the Calcutta Metropolitan Area (CMA) recorded 35,244 apartment registrations between January and July 2025, marking a striking 41% growth over the same period last year.

 

This surge highlights renewed homebuyer appetite, fueled by affordability, improved connectivity, and growing investor confidence.

 

Market Momentum in Numbers

  • July 2025 alone saw 4,662 residential sales, a 33% year-on-year jump.
  • Apartments under 500 sq ft accounted for 54% of registrations, reflecting strong demand in the affordable-to-mid housing segment.
  • Property values across the city surged by 12% over the past year, with metro-linked hubs such as East Calcutta, Rajarhat, and Joka/Behala outperforming.

 

In contrast, the city had recorded only a 3% YoY growth in 2024 — making 2025’s performance stand out as a turning point.

 

Connectivity as a Growth Driver

Infrastructure upgrades are playing a pivotal role. The inauguration of three new metro lines by Prime Minister Narendra Modi has significantly boosted buyer sentiment.

 

  • In Howrah, residential property values rose by 8%, while commercial property rates climbed by as much as 30% near new metro stations.
  • Metro expansion is expected to further unlock new micro-markets, bringing previously underdeveloped areas into the realty spotlight.

 

Industry Voices

Shishir Baijal, Chairman & MD of Knight Frank India, emphasized:

“Calcutta’s residential market recorded a robust 33 per cent year-on-year growth in property registrations in July 2025, underscoring steady buyer confidence.”

 

Merlin MD Saket Mohta noted that enhanced connectivity will open up new growth opportunities, while Emami Realty chief Nitesh Kumar called the metro expansion a “big boost for the city’s realty industry.”

 

Looking Ahead

With softening interest rates, ongoing infrastructure upgrades, and sustained demand in the low-to-mid value segment, Kolkata’s residential market appears poised for continued momentum through 2025.

 

The City of Joy is not just growing — it is rising into a new era of urban living, driven by connectivity, affordability, and confidence.