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Kolkata Housing Sales Soar Amidst National Decline
24 Apr
Summary
- Kolkata housing sales increased by 5% year-on-year in Q1 2026.
- New housing launches in Kolkata reached 3,475 units during Q1 2026.
- Residential prices in Kolkata saw a 3% year-on-year increase to ₹5,937 per sq ft.
Kolkata's real estate sector demonstrated robust growth in the first quarter of 2026, with housing sales surging 5% year-on-year to 4,043 units. This performance notably outpaced the overall Indian housing market, which saw a 4% dip across eight major cities during the same period.
New housing launches in Kolkata amounted to 3,475 units in the January-March quarter. The city also experienced steady price appreciation, with weighted average residential prices climbing 3% year-on-year to ₹5,937 per sq ft.
Inventory levels continued to improve, as unsold housing stock declined by 7% to 19,062 units. The quarters-to-sales ratio, a key absorption indicator, bettered to 4.4 quarters from 5.0 quarters year-on-year.
