Nklusive Finds 23% Rise In Kolkata Premium Housing Sales

24 Feb 2026 CW Team

Total marketable supply in the segment rose to 4,291 units in CY25, with 1,940 new units introduced during the year, reflecting a 14 per cent year on year increase in supply. South Kolkata accounted for 58 per cent of the city’s premium supply while East Kolkata held 20 per cent, underlining a clear south east corridor of growth for high end buyers. The concentration of inventory in these micro markets is shaping developer responses and buyer preference.

Kolkata’s premium market recorded higher sales volumes and stronger absorption rates. Marketable supply of 3,731 units in CY24 translated into 1,355 units sold, representing 36 per cent of supply, while in CY25 1,666 units were sold of 4,291 available units, taking the sold share to 39 per cent and delivering a 23 per cent year on year growth in sales. Unsold inventory rose by 10 per cent and pricing trends remained broadly stable with an upward bias, signalling predominantly end user demand rather than speculative interest.

The report identified several developers whose launches drove momentum in CY25. Ambuja Neotia consolidated leadership with a project along the Bypass–Ruby Connector that saw strong first day absorption and notable repeat buyer participation, while Godrej Properties entered the premium segment with a project on B.L. Saha Road that spread demand across South Kolkata, and Srijan’s Townsquare in New Town continued to outperform despite being the most expensive in its micro market. Nklusive’s managing director Pawan Kumar Agarwal observed that the market is maturing, with quality demand from repeat purchasers, families upgrading within the city and professionals committing to long term lifestyle locations, and that three bedroom configurations continued to drive volumes.

Nklusive released a CY25 report on Kolkata’s premium housing market covering the Rs 19 million (mn) to Rs 50 mn price band. The report found that demand in the premium category remained resilient and strengthened, with sales, supply and absorption recording year on year growth. The number of live projects rose from 26 in CY24 to 36 in CY25 after 10 new launches. Total marketable supply in the segment rose to 4,291 units in CY25, with 1,940 new units introduced during the year, reflecting a 14 per cent year on year increase in supply. South Kolkata accounted for 58 per cent of the city’s premium supply while East Kolkata held 20 per cent, underlining a clear south east corridor of growth for high end buyers. The concentration of inventory in these micro markets is shaping developer responses and buyer preference. Kolkata’s premium market recorded higher sales volumes and stronger absorption rates. Marketable supply of 3,731 units in CY24 translated into 1,355 units sold, representing 36 per cent of supply, while in CY25 1,666 units were sold of 4,291 available units, taking the sold share to 39 per cent and delivering a 23 per cent year on year growth in sales. Unsold inventory rose by 10 per cent and pricing trends remained broadly stable with an upward bias, signalling predominantly end user demand rather than speculative interest. The report identified several developers whose launches drove momentum in CY25. Ambuja Neotia consolidated leadership with a project along the Bypass–Ruby Connector that saw strong first day absorption and notable repeat buyer participation, while Godrej Properties entered the premium segment with a project on B.L. Saha Road that spread demand across South Kolkata, and Srijan’s Townsquare in New Town continued to outperform despite being the most expensive in its micro market. Nklusive’s managing director Pawan Kumar Agarwal observed that the market is maturing, with quality demand from repeat purchasers, families upgrading within the city and professionals committing to long term lifestyle locations, and that three bedroom configurations continued to drive volumes.

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