Kolkata Climbs to Third in Housing Sentiment Index, Powered by Smart Buyers and Affordable Homes

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Kolkata, October 24, 2025: Kolkata has emerged as a top-performing real estate market in the country, achieving the third rank in the latest Housing Sentiment Index (HSI) report for JAS 2025, following only Chennai and Noida/Greater Noida. The city is establishing itself as a key growth engine by successfully balancing affordability with development.
According to the report, Kolkata’s housing sentiment is anchored in value-driven decisions, with most buyers operating in the ₹75 lakh–₹1.5 crore range. This segment continues to dominate demand nationally, and Kolkata’s performance mirrors this trend. Compact and semi-furnished homes measuring between 500–1,000 sq. ft. have emerged as the preferred choice, appealing to first-time buyers and small families seeking functional spaces in well-connected neighbourhoods.
Builder floors and apartments continue to be the leading property types, reflecting a preference for flexibility and faster possession timelines. The report further indicates that sentiment is particularly strong among professionals and families with stable annual incomes of ₹10–30 lakh, a group increasingly viewing real estate as a secure long-term investment amid rising urban costs.
The HSI data also reveals that Kolkata’s homebuyers expect price appreciation to remain moderate, with most anticipating 6–10% growth in the near term. This balance of optimism and realism indicates that the city’s real estate market is transitioning into a stable, end-user-led phase.

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