Kolkata MarketBeat Reports
Suvishesh Valsan • 24/09/2026
Tracking market activity, occupier demand and emerging trends shaping Kolkata’s real estate landscape in Q3 2026.
CURRENT MARKETBEATS
Kolkata Office Report
Kolkata’s office market recorded a strong gross leasing volume of 0.60 MSF, driven by robust demand from IT-BPM companies and GCCs. Salt Lake Sector V and Rajarhat continued to dominate leasing activity, reaffirming their position as the city’s key commercial office hubs. Flexible workspace operators and engineering & manufacturing firms also contributed to demand. With no new Grade A office supply added, citywide vacancy declined sharply, while office rentals continued to appreciate across prime submarkets.
Kolkata Retail Report
Kolkata recorded retail leasing of 0.05 MSFSF in Q2 2026, with main streets driving activity and accounting for a dominant 96% share. Leasing was supported by strong demand across prime high streets such as Park Street, Camac Street, Dumdum and Diamond Harbour Road. Hypermarkets led demand, followed by fashion and F&B segments, reflecting diverse retail expansion. With no new mall supply and Grade A mall vacancy at 1.1%, mall leasing remained muted.
Kolkata Residential Report
Kolkata recorded 2,511 residential launches in Q3 2026, with peripheral locations and Rajarhat continuing to lead the new residential launches in the city. Despite a moderation in launch activity, residential development remained concentrated in key growth corridors such as Sonarpur, Barasat, Howrah and Rajarhat. The mid-segment dominated launches, highlighting strong end-user demand, while capital values and residential rentals maintained steady growth.
Kolkata Industrial Report
Kolkata’s warehousing and industrial market recorded healthy activity in H1 2026, with warehouse leasing reaching 1.7 MSF, led by manufacturing, 3PL and e-commerce occupiers. NH-19 emerged as the most active warehousing corridor, supported by strong demand along Old Delhi Road, while NH-16 also witnessed steady leasing activity. Industrial leasing rose sharply to 0.5 MSF, highlighting growing manufacturing momentum in the region.
India Capital Market Report
Cushman & Wakefield India Capital MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
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