video | Kolkata Real Estate: Ready To Take Off?

Among the top seven metros in India, Kolkata ranks at the bottom when it comes to residential and office real estate activity. What’s stopping the ‘City of Joy’? Will the expansion of Kolkata Metro, new infrastructure projects and better connectivity to the business districts of Salt Lake, Rajarhat and New Town be the game changer? Given the cost-effectiveness of the city and the interest of IT companies in leasing out new office spaces, is Kolkata’s property market at the cusp of growth? Manisha Natarajan elicited answers from industry stakeholders – Harshvardhan Neotia – Chairman, Ambuja Neotia Group, Anuj Puri – Founder & Chairman, Anarock Group and Saket Mohta – MD, Merlin Group.