India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Kolkata’s office market recorded a 125% year-on-year jump in Q1 2026 transactions, driven by flexible workspace demand. Rents rose 15%, vacancy declined sharply, and enterprises dominated leasing. Salt Lake and New Town emerged as key hubs, signalling strong momentum and growing relevance in India’s evolving commercial real estate landscape.
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Kolkata maintained steady leasing at 0.26 million sq ft, with BFSI and flex operators active. No new supply helped lower vacancy to 17.8%. Rents remained stable across micro-markets. With over 1.1 million sq ft under construction, moderate supply-led growth is expected in H2 2025 as demand holds steady.
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