Real Estate
Kolkata Home Sales Rise 5% in Q1 2026 to 4,043 Units, Prices Jump 3% YoY
Kolkata recorded a 5% year-on-year rise in housing sales to 4,043 units in the first quarter of 2026, outperforming the broader Indian housing market where overall sales across eight leading cities declined 4%, according to a report by Knight Frank India.
Kolkata, April 24: New housing launches stood at 3,475 units during the January–March quarter.
Key Metrics
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Weighted average residential prices: ₹5,937 per sq ft (up 3% YoY from ₹5,748)
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Unsold housing stock: 19,062 units (down 7% from 20,595)
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Quarters-to-sales ratio: Improved to 4.4 quarters (from 5.0 quarters a year ago)
Segment-Wise Sales
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₹50 lakh and below: 1,514 units (37% share, down 5% YoY)
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₹50 lakh – ₹1 crore: 1,465 units (36% share, up 8% YoY)
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₹5 crore – ₹10 crore: 50 units (up 163% YoY)
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₹10 crore – ₹20 crore: 13 units
2025 Performance Highlights
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Average home prices in Kolkata: Up 6% (driven by limited availability and higher pricing of new launches)
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South Kolkata share: 37% of total sales (Sonarpur, Jadavpur, Behala)
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Rajarhat share: 25% of total sales (proximity to business hubs)
India's Luxury Housing Rankings (Knight Frank Wealth Report 2026)
| City | 2024 Rank | 2025 Rank | Price Growth |
|---|---|---|---|
| Bengaluru | 40 | 8 | 9.4% |
| Mumbai | 21 | 10 | 8.7% |
| Delhi | 18 | 17 | 6.9% |