“We will be reaching Kolkata before Shahthi,” informed Tiyasha.
Sunetra, Tiyasha’s mother, asked, “Rajat aschhe to?”
“Of course, Ma. We will all come together.”
“I have not seen Riddhi for ages,’ said Sunetra wistfully.
(Riddhi is her six-year-old grandson.)
“He is counting his days to see you and Baba,” said Tiyasha.
“I am looking forward to a great time,” Sunetra said to herself.
The Migrants Come Home for The Pujas
Durga Puja is close to the heart of Bengalis, and Kolkata is the epicentre of the festival. Bengalis living out of Kolkata wish to come home during this period and spend a few days with their near and dear ones.
Nostalgia runs wild, and everyone remembers how great the city once was but somehow lost a large part of its former glory.
The majority of the young population has migrated elsewhere in search of better opportunities.
It is the same with Tiyasha. They live in Bangalore now and is planning to buy an apartment to settle down there.
However, every year they wistfully look forward to coming to Kolkata for a few days. Touch base with all relatives.
And one question hangs over every family get-together.
A question that is on everyone’s mind.
Why Kolkata’s Property Market is Booming
The citizens were despondent about the city for a long time, but now Kolkata is experiencing a turnaround.
Large companies are setting up offices here, creating ample opportunities for professionals.
Investment is flowing in IT, shipbuilding, financial services, and consulting sectors. One of the benefits is enhanced job creation, especially white-collar professionals with high purchasing power. The real estate sector is a direct beneficiary.
After coming back to Kolkata, Tiysha and Rajat noticed how the atmosphere had changed in subtle ways.
The growth of Kolkata’s IT sector is fueled by the expansion of urban transportation networks, such as Metro routes, and government initiatives to reduce the threat of strikes and bandhs.
They were also happy to see how infrequent power outages have become in the city. Residents and the IT industry both gain when there are fewer power disruptions.
The upbeat environment has helped the Kolkata property sector, and there are substantial improvements in the home registration figures.
Will Kolkata continue to attract homebuyers’ interest?
Can some of the migrants come back?
33% Rise in Property Registrations
According to the Directorate of Registrations and Stamps Revenue, Government of West Bengal, more than 4,662 residential property transactions were recorded in July 2025, representing a 33% year-on-year increase.
In comparison to June 2025, registrations increased 9% month-over-month (MoM).
The information includes residential apartment transactions in the primary (fresh sale) and secondary (resale) markets for this time frame in the Kolkata Metropolitan Region (KMA).
Moreover, a total of 35,244 apartments were registered between January and July 2025, compared to 24,940 registrations in the same period last year.
This represents a massive 41% YoY increase.
This dramatic increase contrasts with the minimal 3% YoY growth in 2024, underscoring the region’s expanding residential market and a notable uptick in homebuyer demand.
But it does not stop here.
The trend continues in August when the Kolkata Metropolitan Area (KMA) saw 6,196 residential property registrations, a 15% year-on-year increase and a 33% month-on-month rise from July 2025. The January-August period saw 41,440 registrations, a 37% YoY increase, reflecting a strong expansion of the residential market.
Although this is good news for homebuyers, developers, and the Directorate of Registrations and Stamps Revenue, Government of West Bengal, there are some other factors nobody is considering right now.
Let’s dive deeper to find out.
Bigger Interest for Smaller Homes
According to the registration data, it is evident that homebuyers in Kolkata are more inclined towards smaller homes.
In July 2025, apartments measuring up to 500 square feet accounted for 54% of all residential registrations in Kolkata, representing an improvement from 45% in July 2024 and a notable increase from 27% in July 2023.
Interestingly, this trend deviates from the widespread preference for larger residences in other comparable cities. However, in July 2025, the proportion of the 500-1,000 square foot and over 1,000 square foot segments settled at 42% and 4%, respectively, indicating a slight decrease from 47% and 8% in July 2024.
The preference for smaller homes is continuing in Kolkata.
There are several reasons for this: affordability, migration of the younger generation reduced the need for big spaces, and the expansion of the Metro network.
Development of Upcoming Locations
There is no denying that the property market in Kolkata (and Howrah, North and South 24 Parganas) is expanding. More and more upcoming areas are attracting buyers’ interest.
This is because of several factors. However, the biggest contributing factor is the expansion of the Metro network in Kolkata.
It is now far easier to commute to various locations in the city, especially the business districts, compared to a few years ago. As the Metro network expands, this trend will gather momentum.
Areas like Rajarhat, Khardah, Shibpur, Sonarpur, Titagarh, Dum Dum, Barasat, Madhyamgram, and Baranagar have been witnessing robust buyers’ interest.
It is also expected that several locations in Howrah and Hooghly will also enter the preference list of homebuyers because of the Howrah-Salt Lake Sector 5 Metro line.
Summing Up
Property registrations in Kolkata’s property market show a sturdy interest in home purchase, although homebuyers’ preferences surely veer toward smaller homes.
However, the market expansion is expected to continue with more upcoming areas joining the buyers’ interest list.
Better connectivity will help homebuyers to buy a “roof over their heads” in affordable projects in the city’s peripheral regions.
