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Kolkata's residential property market registered 6,196 sales in August, a 15 percent increase from a year ago and 33 percent higher compared to July. Both new sales and resale transactions contributed to this rise. From January to August, registrations touched 41,440 units, up 37 percent from the same period last year. According to Knight Frank India, the demand is being supported by preference for larger homes, improving connectivity, and easier financing options. Analysts expect the growth trend to continue through the festive period and the rest of 2025.
Kolkata's housing market showed strong momentum in August, with 6,196 residential property registrations recorded across the metropolitan area. This marked a 15 percent increase year-on-year and also a 33 percent rise compared to July, according to a report released by Knight Frank India. The consultancy used data from the state's Directorate of Registrations and Stamps Revenue to highlight the positive trend. Advertisement
Between January and August, 41,440 apartments were registered in the city's metropolitan area. This represents a 37 percent jump over the same period last year, pointing to consistent growth in demand over the first eight months of 2025. The increase has been supported by both fresh sales and resales, suggesting wider participation from homebuyers across different market segments.
Knight Frank India CMD Shishir Baijal observed that the market has now entered its festive-driven phase with strong momentum. He explained that rising demand for bigger homes, improving city connectivity, and a more favourable financing environment are encouraging more buyers. He further noted that Kolkata is witnessing a clear trend of premiumisation, with registrations of larger homes gaining pace alongside improvements in infrastructure and affordability.
Market experts also believe that the surge seen in August is an early indication of strong festive-season demand. They expect this momentum to sustain not only during the festival months but through the remainder of the year. The current trend, according to them, reflects structural changes in the city's housing preferences as well as the benefit of improving financial access for buyers.
Source PTI
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