Kolkata commercial skyline
Market · Kolkata

Kolkata: eastern India's most institutional CRE market.

Market overview

Why Kolkata

Kolkata's commercial real estate market is anchored by a mature IT and BFSI occupier base, with Sector V, Rajarhat and the Camac Street CBD forming the three dominant office submarkets.

Institutional investors and developers have steadily upgraded the city's Grade A inventory over the past decade. The result is a deeper menu of credible options for occupiers and an emerging supply of yield-grade assets for investors.

Micromarkets we cover

Sector V, Salt Lake Rajarhat / New Town Camac Street CBD Park Street precinct EM Bypass Topsia
Average Grade A rent
₹ 85 / sq.ft

Sector V — institutional buildings, monthly.

Vacancy (Grade A)
~ 12%

Healthy absorption across primary corridors.

Investment yields
8.0 – 9.5%

Pre-leased commercial assets in stabilised micromarkets.

Opportunities

Where Kolkata's CRE is heading

Sector V consolidation

GCCs and growing technology occupiers are consolidating across full-floor Grade A plates in Sector V.

Rajarhat scale plays

New Town offers large, contiguous floor plates suited to 500+ seat fit-outs.

CBD boutique offices

Camac Street and Park Street remain the address of choice for legal, BFSI and consulting practices.

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