Kolkata’s Premium Housing Market Records Strong H1 2025 Growth

Nklusive, a real estate consultancy specialising in premium, luxury and uber-luxury housing, has released its Kolkata Premium Real Estate Market Report – H1 2025, indicating strong growth in the city’s high-end residential segment priced between Rs 15 million and Rs 50 million. With 34 active projects in H1 2025 compared with 24 in H1 2024, the market reflects a surge in new launches supported by sustained demand.

Marketable supply rose from 1,974 units in H1 2024 to 3,873 units in H1 2025. South Kolkata accounted for 54 per cent of the total supply, followed by East Kolkata at 25 per cent. The Average Monthly Absorption Rate climbed from 75 units to 208 units over the same period. The report highlights growing demand for larger units; 3BHK sales increased 226 per cent year-on-year, while 4BHK units recorded a 160 per cent rise in sales and a 47 per cent rise in unsold inventory.

Commenting on the findings, Pawan Kumar Agarwal, Managing Director, Nklusive, said, “The premium real estate market in Kolkata is undoubtedly entering an era of strong, consistent expansion as demonstrated by the segment’s performance in H1 2025. While the improvement in absorption and inventory cycles supports Kolkata’s position as an increasingly desirable location for premium living, the strong increase of supply and sales shows the confidence of both developers and homebuyers.”

The report evaluates 34 RERA-approved luxury apartment projects using base per-square-foot pricing excluding PLC, escalations and statutory charges. The analysis underlines the city’s strong fundamentals and growing alignment with national demand for upscale housing.