Kolkata

Kolkata Sees Dip in Office Leasing, But Flex Spaces and Rents Surge in Q1 2025 0
- Industry News
- April 7, 2025
Kolkata’s office space leasing dipped 16% in Q1 2025, but average rents rose 9%, the highest among top Indian cities. Flexible workspaces dominated demand, while residential prices hit a six-year high. Despite a slight drop in home sales, luxury housing and new launches showed strong growth, signalling market resilience.
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Kolkata’s Office Space Market Booms Amid IT and BFSI Expansion 0
- Industry News
- January 8, 2025
Kolkata’s office market hit record net leasing of 1.5M sq ft in 2024, driven by IT-BPO, BFSI, and consulting demand. Significant deals and robust 2025 supply pipelines position the city as a growing commercial hub, contributing to India’s 89M sq ft office leasing milestone across major cities.
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Kolkata Office Leasing Soars 33% in Q2 2024 0
- Industry News
- July 22, 2024
Kolkata’s office space leasing surged 33% in Q2 2024, reaching 0.4 million sq ft, driven by the tech and BFSI sectors. H1 2024 saw a 23% rise in office transactions and a 6% rent increase. Despite recent stamp duty changes, residential sales grew 25%, with 9,130 units sold.
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