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Indranil Bhowmik/Mint
Indranil Bhowmik/Mint

Expanding residential footprint

Research It is estimated that the micro-market of Salt Lake in Kolkata accounts for about 9% of the total upcoming residential supply in the city

Crisil Research estimates that the micro-market of Salt Lake in Kolkata accounts for about 9% of the total upcoming residential supply in the city. Sector V, within this micro-market, is the biggest software technology hub in Kolkata, where several national and international information technology (IT) companies have set up offices. Salt Lake is also expected to be connected to Howrah along the upcoming East-West Metro Rail line due to its commercial importance. Residential demand in the core area is mainly driven by people working in IT/IT-enabled services companies situated in the region.

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