Kolkata’s warehousing sector recorded a 7 per cent year-on-year growth in both outright and leasing markets, according to the Kolkata Warehouse Market Report FY24-25 by NK Realtors. The surge is driven by demand from e-commerce, 3PL, engineering, manufacturing, and FMCG sectors, supported by infrastructure upgrades and the city’s strategic location. 

Key clusters such as Taratala, Maheshtala, BT Road, NH6 and Old Delhi Road reported strong activity. Maheshtala led outright absorption, while NH6 dominated leasing, with overall absorption reaching 1.06 million sq ft in outright and 4.04 million sq ft in leasing. 

“Kolkata is no longer just an eastern outpost—it’s fast becoming a logistics nerve centre for the entire region. With multimodal connectivity, proximity to ports (Haldia and Kolkata), and access to Bangladesh, Bhutan and Nepal, the city offers unparalleled strategic advantage. We foresee continued growth driven by automation, 3PL expansion, and sustainable warehousing solutions,” said Pawan Agarwal, Managing Director, NK Realtors. 

Maheshtala posted the highest outright price growth at 19 per cent, while Hyde Road, NH2 and NH6 registered 7 per cent leasing growth. 

The report also points to the growing use of Warehouse Management Systems, IoT and GPS tracking, even as infrastructure gaps and climate vulnerabilities remain challenges. With its rising importance as Eastern India’s logistics hub, warehousing is set to play a pivotal role in Kolkata’s real estate and economic growth.