Kolkata has made headlines in the real estate world with a remarkable 105% surge in residential project launches during the first half of 2025. The real estate market has hit the floor with 9000 new units in the first quarter. Now, the city is witnessing an alarming growth among India’s top 7 property markets.
JLL (Jones Lang LaSalle) commented that the performance of Q1 is remarkable and expected to be the signal of a kind of homecoming for both buyers and developers after a long phase of subdued and limited inventory levels.
Kolkata is just standing like a shark compared to the other seven metropolitan cities, while Chennai is following in its footsteps from behind with 35% growth, Bangalore modestly increased 19%, and Pune with 7% rise. However, the noteworthy highlight is Kolkata’s growing contribution to the national housing landscape. Currently, the increased moratorium accounts for 6% of all new residential launches, which shows a 3% rise from the previous year.
The city witnessed a giant number 325% year-on-year jump in launches within 1 crore and above. This reflects a strong polarization towards premium and luxury property. The spike in launches largely depends on the revival of mid- and large-scale projects and phase-wise expansion. A few mentioned names are R.F. Residences Merlin Phase-II, Merlin Avana Phase-II, and launches like The Condoville and The Crown.
Kolkata’s new projects are getting signals for a pivotal shift, along with buyer sentiments and developer strategy. The city is steadily positioning itself as one of the promising real estate hotspots for 2025 and beyond. Backed by the innovation of the best real estate company in Kolkata, the city is on track to become a key player in India’s property market.