Kolkata’s premium housing market recorded a strong 23% year-on-year surge in sales in CY25, with demand consolidating sharply along the South and East corridors, according to NKlusive’s latest market report. The city’s ₹1.9 crore to ₹5 crore segment saw robust new project launches, higher absorption levels, and stable pricing, reflecting a maturing, end-user-driven market led by brand-backed developments and lifestyle-centric buying trends.

According to the report, Kolkata’s premium realty market expanded from 26 residential projects in CY24 to 36 live projects in CY25, driven by the launch of 10 new developments. Total marketable supply in the segment rose to 4,291 units in CY25, with 1,940 new units introduced during the year, reflecting a 14% year‑on‑year increase in supply. South Kolkata emerged as the dominant hub, accounting for 58% of the city’s premium supply, followed by East Kolkata at 20%, underscoring a clear south‑east corridor of growth for high‑end buyers.

Kolkata’s premium market also saw a healthy rise in sales volumes and absorption. Marketable supply of 3,731 units in CY24 translated into 1,355 units sold (36% of supply), while in CY25, 1,666 units were sold out of 4,291 available units, taking the sold share to 39%. This translated into a 23% year‑on‑year growth in sales alongside a 10% increase in unsold inventory. Pricing trends remained broadly stable with an upward bias, signaling end‑user driven, rather than speculative, market behavior. 

The report highlighted standout performances by leading developers who played a pivotal role in shaping Kolkata’s premium housing momentum during CY25. Ambuja Neotia reinforced its position as the market leader with the launch of Ambuja Utpalaa along the Bypass–Ruby Connector, which witnessed exceptional Day-1 absorption and strong repeat-buyer participation, reflecting deep-rooted brand trust and execution credibility. Godrej Properties marked a decisive entry into the Kolkata premium segment with Godrej Blue on B.L. Saha Road, leveraging its pan-India brand equity, innovative payment structures, and pricing authority to split demand across South Kolkata. Meanwhile, Srijan’s Townsquare in New Town continued to outperform despite being the highest-priced project in its micro-market, driven by its location in Action Area 1, consistent absorption, and strong appeal among high-income end-users.

Commenting on the report, Mr. Pawan Kumar Agarwal, Managing Director, Nklusive stated “The steep increase in absorption, increased percentage of sales in H1, and steady price performance all indicate that Kolkata’s market is maturing and deepening. The quality of demand excites me the most, repeat purchasers supporting trusted brands, families upgrading within the city, and professionals committing to long-term lifestyle locations like New Town and the Bypass belt. The data reveal that when developers get the product, location, and trust right, the market responds decisively.”

Consumer behavior in CY25 further underlined the depth of real demand in Kolkata’s premium housing. In the premium segment, 3BHK configurations continued to drive volumes, supported by growing interest from high‑income professionals and upwardly mobile families who increasingly view locations such as South Kolkata as long‑term lifestyle destinations.