Is Kolkata's Real Estate Market Cooling Down in 2026?

After three straight years of double-digit appreciation, price growth in New Town and Rajarhat has slowed to a more sustainable pace in early 2026.

Salt Lake continues to command a premium for its established infrastructure, while New Town is seeing the fastest absorption of new inventory thanks to metro connectivity improvements.

For buyers, this is arguably the calmest negotiating window in years — inventory is healthy and developers are more open to price discussions than they were in 2023–24.