Over the past 10 years, West Bengal's real estate market has undergone an astonishing transformation. The changes represent enormous challenges and unprecedented opportunities.

 Kolkata's intrepid skyline says it all. Siliguri, gateway to the North East is driven by four 'T's. Tea, Timber, Tourism and Transport are attracting the investments. Recently announced projects include like Special Economic Zones, and IT Parks. Asansol the heart of the coal country is once again attracting investors to the region. In the steel city of Durgapur, there is considerable expansion of townships and other facilities. Burdwan looks extremely bright in terms of contemporary development.

West Bengal is a favorite investment destination today. The rapid expansion of business activity is boosting demand for built space as well as built-to-suit offices. West Bengal arguably has one of the most aggressive incentive packages for IT / ITES companies and developers alike  including subsidized land, exemption from stamp duty and property tax.

 Kolkata is a high priority destination for international retailers owing to its large population and disposable income. The entry of many reputed hotel groups in recent years has been in response to the growing demand for hotel rooms stimulated by the expanding businesses.

There is strong residential demand, as shown by the absorption patterns of recent residential projects, which are expected to grow in tandem with economic activity and investor interest. A unique and innovative public-private partnership model that has been put in place by the West Bengal government is helping the residential sector to grow at a fast pace.

Owing to one of the highest literacy rates in the country, the city offers corporates with a well equipped work force. Moreover, land is more easily available at lower costs when compared to other metros such as Mumbai and Delhi. Kolkata is a net exporter of electricity, which reduces the operating costs in the city.