Kolkata's residential property sector has achieved a significant milestone, with the Kolkata Metropolitan Area (KMA) registering 62,328 property transactions in 2025. This marks the strongest annual performance witnessed over the past six years, showcasing a robust 25% increase compared to the previous year, as reported by Knight Frank India (KFI).
Sustained Demand Drives Market Resilience
According to KFI officials, this impressive rise reflects sustained end-user demand across both primary markets, involving fresh property sales, and secondary markets, which include re-sale apartments. Market activity demonstrated remarkable resilience throughout the year, maintaining steady momentum even as it approached the year-end.
December 2025 Performance Highlights
In December 2025, the market recorded 5,571 property registrations. While this represented a marginal 3% decline year-on-year, it underscores the consistent transaction momentum despite facing a high comparative base from the previous year.
Geographical Distribution of Demand
Demand continued to be predominantly led by the south and north zones of Kolkata, which together contributed over 70% of the total registrations in December 2025. The north zone accounted for 37% of registrations, supported by strong volumes in areas such as Dum Dum, Khardaha, Barasat, and Baranagar. The south zone followed closely with a 35% share of the total registrations.
Top Performing Locations
The top locations in December 2025 were led by Rajarhat with 565 registrations, followed by Dum Dum with 425 registrations and Khardaha with 299 registrations. Collectively, the top ten locations accounted for 53% of all apartment registrations in Kolkata during that month.
Shift in Buyer Preferences
A notable shift in buyer preferences has been observed towards mid-sized and larger homes. In December 2025, apartments sized between 501 and 1,000 square feet formed the largest share, accounting for 59% of registrations. This represents a significant increase from 43% in December 2024.
Conversely, homes below 500 square feet declined to 31% from 53% during the same period. Meanwhile, units above 1,000 square feet saw an increase, rising to 10% from 4% in the previous year.
Industry Leaders Weigh In
Shishir Baijal, Chairman and Managing Director of Knight Frank India, commented on the market's performance, stating, "The year 2025 emerged as a landmark year for Kolkata's residential market, with 62,328 property registrations, the highest level recorded since 2020. This milestone underscores the market's underlying depth, supported by sustained end-user demand."
Sushil Mohta, President of Credai West Bengal, highlighted that the higher registration numbers indicate stronger buyer confidence and improved liquidity in the real estate sector. He noted, "Though Kolkata's housing market sales dipped 12%, new launches are coming and there is a movement in developer's focus from mid to premium segments." He further emphasized that this growth is particularly noteworthy as it occurred despite the withdrawal of stamp duty rebates.
Harshavardhan Neotia, Chairman of Ambuja Neotia Group, outlined the current property registration trends observed in Kolkata, remarking, "What we are witnessing in Kolkata is a quiet but reassuring reaffirmation of belief in the city. This is not speculative enthusiasm, but a mature response to better infrastructure, evolving lifestyles, and a city rediscovering its residential appeal. Kolkata is growing thoughtfully, and that gives me immense optimism for what lies ahead."
