Kolkata’s Premium Housing Market Records Strong H1 2025 Growth

01 Dec 2025 CW Team

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.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..