Kolkata: The city’s residential property registrations that hit a seasonal slowdown in Jan 2026 made a turnaround in Feb 2026 with a 63% rise.Against just 3,052 homes registered in Jan 2026, the state directorate of registrations and stamps revenue clocked 4,974 registrations in Feb 2026. Though the count was 1% lower than Feb 2025, developers said the turnaround was impressive but also cautioned the situation in March 2026 could be very different owing to sentiments impacted by the Iran war and its imminent impact on business and households. Data collated by real estate consultancy firm Knight Frank India captures transactions across primary (fresh sale) and secondary (re-sale) markets for residential apartments during this period.Registrations in Feb 2026 were the second best in five years, second only to 5,016 homes registered the previous year. In Feb, only 1,593 and 2,922 homes were registered in 2022 and 2023. Apartments between 501-1,000 sq ft accounted for the largest share of registrations in Feb 2026 at 58%, up from 44% in Feb 2025. In contrast, the share of units below 500 sq ft declined to 32% from 52% during same period. Share of apartments larger than 1,000 sq ft rose to 10%, indicating a gradual shift towards mid-sized and larger homes.Knight Frank India CMD Shishir Baijal said, “Kolkata’s residential market recorded a strong rebound in Feb, highlighting steady buyer confidence. Share of mid-sized and larger homes reflects evolving buyer preferences, driven by affordability considerations and improving infrastructure.”In Feb 2026, the north zone led activity with a 41% share of total apartment registrations in Kolkata. Locations such as Dum Dum, Barasat, Khardaha and Baranagar recorded high transaction volumes. The south zone remained a significant contributor, accounting for 33% of registrations, compared with 31% in the same period last year. The top 10 locations comprising Rajarhat, Dum Dum, Barasat, Thakurpukur, Khardah, Baranagar, Behala, Airport, Kasba and Sonarpur accounted for 53% of total apartment registrations in Feb 2026. “High growth in registration indicates buyer’s confidence and demonstrates underlying resilience. While 63% month-on-month growth reflects a rebound from seasonal low base, the more significant factor is the sustained demand in mid-sized homes,” said CREDAI West Bengal president Sushil Mohta.
