Kolkata is emerging one of the major real estate market in the country with growth across segments like Industrial and logistics and office space amongst others. The city has emerged among top three cities for I&L leasing activity in April-June of this year accounting for 8-12% industrial leasing in the country.
Within the housing sector, affordable housing took the lead with a significant 45 percent share, followed closely by mid-range housing at 39 percent, the report said. High-end housing comprised 10 percent of the market.
As the old adage goes: If you can’t build horizontally, build vertically. This is already happening with the forthcoming Astra Tower, which is quickly rising up to be the city’s next tallest building.
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