India, April 24 -- Kolkata recorded a 5% year-on-year rise in housing sales to 4,043 units in the first quarter of 2026, outperforming the broader Indian housing market where overall sales across eight leading cities declined 4% during the same period, according to a report by Knight Frank India.

In Q1 2026, new housing launches in Kolkata stood at 3,475 units during the January-March quarter. The city also saw steady price appreciation, with weighted average residential prices increasing 3% year-on-year to Rs.5,937 per sq ft, up from Rs.5,748 per sq ft in Q1 2025, the report said.

Inventory levels improved further, with unsold housing stock declining 7% to 19,062 units from 20,595 units a year earlier. The quarters-to-sales ratio, a ke...