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 a record 0.10 MSF of retail leasing in Q3 2026, more than doubling on a quarterly basis. High streets dominated activity with a 94% share, led by prime corridors such as Theatre Road, Camac Street, Gariahat and Rajarhat. Fashion and Department Stores emerged as the leading demand drivers. With no new mall supply, Grade A mall vacancy remained exceptionally tight at 1.0%. High street rentals continued to appreciate, supported by limited availability across key retail destinations.
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.
CONTACT
RELATED INSIGHTS
Research
Global Capability Centers: Powering the Growth of Indian Commercial Real Estate
Global Capability Centers thrive on innovation, collaboration and an ecosystem that is digitally enabled. It requires new-age skillsets at competitive costs along with a technology platform that seamlessly delivers services to global MNCs.
17/02/2023
Insights
Managed Office - Fueling Growth of the Coworking Sector
The growing interest of enterprise clients in flexible workspaces that were traditionally explored only by freelancing professionals and start-ups is a clear indication of a new normal for the sector.
03/03/2022
Article • Economy
Emergence of Chengalpattu as a Satellite Town to Chennai
Over the past few decades, Chennai has gained in prominence as a key manufacturing/industrial city in India, hosting globally renowned automobile and electronics manufacturers.
Shweta Kuppan • 14/07/2021
