Kolkata: Kolkata’s occupied office stock rose to 24.4 million sq ft in H1 2026, from 22.3 million sq ft in H1 2025, marking a 6% year-on-year expansion and adding about 2.1 million sq ft of occupied space, according to data collated by real estate consultancy firm Knight Frank India.
“Kolkata’s 24.4 million sq ft occupied stock reflects a market progressing steadily rather than rapidly. The 6% annual gain indicates sustained occupier activity, but the city’s low base also highlights significant headroom for future expansion within India’s widening office economy over time,” said a Knight Frank India official. You Can Also Check: Gold Rate in Kolkata | Silver Rate in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata | Kolkata AQI | Weather in Kolkata | Petrol Price in Kolkata | Diesel Price in Kolkata | CNG Price in Kolkata | LPG Price in Kolkata
Kolkata accounts for around 2.7% of India’s occupied office stock, indicating a modest but stable role in the country’s commercial real estate landscape. Its 6% growth matches Chennai’s pace and is stronger than NCR’s 2%, suggesting that demand is gradually deepening even without the scale advantages enjoyed by India’s larger office corridors. The growth also points to a healthier absorption environment, where existing stock is being steadily taken up rather than remaining idle. However, Kolkata’s next phase will depend on the delivery of Grade A supply, stronger institutional ownership, improved connectivity to business districts and the ability to attract larger mandates from global capability centres and technology firms. Hyderabad, Pune, NCR and Mumbai, Kolkata can benefit if it builds specialised office ecosystems around talent, infrastructure and operational affordability While GCC expansion is currently concentrated in Bengaluru.