2 BHK Sales Increased by 84% in North Kolkata Suburbs

The suburbs of North Kolkata are going through an interesting and rapid phase of development as the statistics reveal a thrilling tale. In comparison to the previous year, the sales of two-bedroom apartments in Sodepur, Barrackpore, Madhyamgram, and Barasat have increased dramatically by 84%. This increase is not merely a short-term development, it indicates a change of traditional viewpoint of the home-buyers and a shift towards the buying of reasonably priced cozy living apartments in quiet yet comparatively well-connected areas.

What’s truly remarkable is how quickly these apartments are getting snapped up. Available inventory has dipped by 34%, signaling a strong demand that is outpacing supply. With property prices in North Kolkata rising from ₹4,358 per sq. ft. in 2023 to ₹4,551 per sq. ft. in 2024, an increase of 4%, developers are anticipating a further rise of 6-7% in 2025. The reason is clear—buyers see value in these locations, where they can own a comfortable, modern home without the sky-high price tags of central Kolkata.

A fundamental change is the attitude of the buyers. An increasing number of people looking for residential properties value reasonable pricing, location, and quality of life more than the area of the property. Demand for 2 BHK apartments is still the highest but there is a noticeable shift in preference towards bigger spaces like 2.5 BHK units which have a dedicated study or guest room. This gives families greater freedom of choice without having to relocate to very expensive 3 BHK units.

Sugam Homes is one of the top builders in Kolkata, and they have researched the market quite a bit. They mention that homebuyers today want modern, considerate, and affordable homes that are bespoke. According to them, “Demanding 2 BHK apartments goes beyond the pricing; it entails providing amenities that are comfortable, easy to obtain, and reasonably priced. There is growing interest among young professionals, nuclear families, and other aspiring homeowners who wish to have their own homes.”

Another key factor behind this growth is North Kolkata’s improving infrastructure. Better roads, expanding metro connectivity, and enhanced social amenities like schools, hospitals, and shopping centers have made these suburbs an attractive choice for homebuyers. Commuters are also realizing that a slightly longer travel time to work is a fair trade-off for owning a spacious, well-designed apartment at a reasonable price.

Market data further reinforces this shift. In 2023, North Kolkata’s suburban market had 1,924 available units, of which 789 were sold, accounting for 41% of the supply. By 2024, the total supply dipped to 1,710 units, but sales climbed to 988 units, pushing the absorption rate to 58%. This indicates a robust demand-supply balance, with unsold inventory expected to clear within 18 months. Unlike some micro-markets where excess supply leads to stagnant pricing, North Kolkata’s market is thriving with steady demand and limited oversupply.

With such strong momentum, it’s clear that North Kolkata’s suburbs are no longer just “up-and-coming” locations—they are already prime choices for homebuyers looking for smart investments and a high quality of life. The ongoing sales trends suggest that those looking to buy a 2 BHK in these areas might want to act fast before prices rise further. As developers respond to the demand by launching more projects, buyers can expect a wave of new-age residential options that align with modern lifestyles while keeping affordability at the core.