The Urban Development and Municipal Affairs department has amended the West Bengal Municipal Act, 1993, to offer up to a 50% property tax exemption for land and buildings used by the IT and ITES industries. This exemption, valid for twelve years, aims to encourage investment in the state's IT sector, potentially leading to job creation and economic development.
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- Salt Lake Sector V
Salt Lake Sector V, Kolkata
East Kolkata, 700091
- What’s new
- Travel Time
- Price Insights
- Market Demand & Supply
- Recommended Properties
- Explore Nearby
- Top Builders
- Average Sale Price ₹ 7,450/Sq. Ft.
Why Choose Salt Lake Sector V for Living? Advantages & Considerations
What’s new in Salt Lake Sector V, Kolkata? Recent & Future Developments
To ease traffic on the Ultadanga flyover, a new 46-meter Bailey bridge is being constructed to connect Dakshindari with Salt Lake's AA Block, providing an alternative route from VIP Road to Sector V and the EM Bypass.The two-way bridge, costing an estimated Rs 6 crore , is expected completion by the year end. The Public Works Department has proposed a crossover on VIP Road for Salt Lake-bound vehicles heading towards the airport.
Sovan Chatterjee, the newly appointed chairperson of the New Town Kolkata Development Authority (NKDA), is set to enhance New Town and Rajarhat's civic infrastructure, aiming to develop a comprehensive roadmap for the satellite town and improve its status as Kolkata's gateway. Chatterjee will assess ground-level needs after the Kali Puja-Diwali vacation to identify areas for improvement, focusing on ramping up civic infrastructure and other development aspects.
Check Travel Time from Salt Lake Sector V to Major Areas in Kolkata
Price Rates & Insights for Salt Lake Sector V, Kolkata
Comprehensive assessment of your property's current worth in the current market
| Transaction Value | Sale Count |
|---|---|
| 4.5K - 6K | 7 |
| 6K - 7K | 3 |
| 8K - 9.5K | 2 |
| 9.5K - 10.5K | 2 |
| 10.5K - 12K | 4 |
Property Demand & Supply in Salt Lake Sector V, Kolkata
- Sale
- Rent
Demand |
Supply |
|
|---|---|---|
| Apartment |
1%
|
3%
|
| Office Space |
70%
|
98%
|
Demand |
Supply |
|
|---|---|---|
| 3 BHK |
1%
|
100%
|
Demand |
Supply |
|
|---|---|---|
| 50 L - 2 Cr. |
55%
|
64%
|
| 2 Cr. - 5 Cr. |
38%
|
25%
|
| Above 5 Cr. |
5%
|
12%
|
Demand |
Supply |
|
|---|---|---|
| Apartment |
86%
|
20%
|
| Office Space |
13%
|
79%
|
Demand |
Supply |
|
|---|---|---|
| Below 15000 |
83%
|
20%
|
| 15000 - 30000 |
1%
|
3%
|
| 30000 - 50000 |
5%
|
11%
|
| Above 50000 |
9%
|
68%
|
Properties for Sale in Salt Lake Sector V, Kolkata
- By Property Type
- By BHK
Properties for Rent in Salt Lake Sector V, Kolkata
- By Property Type
- By BHK
Explore Localities Nearby Salt Lake Sector V, Kolkata
- Average Sale Price₹ 13,350 /Sq. Ft
- Average Sale Price₹ 4,300 /Sq. Ft
- Average Sale Price₹ 6,700 /Sq. Ft
- Average Sale Price₹ 3,850 /Sq. Ft
- Average Sale Price₹ 3,200 /Sq. Ft
- Average Sale Price₹ 9,300 /Sq. Ft
- Average Sale Price₹ 7,000 /Sq. Ft
Top Builders in Salt Lake Sector V, Kolkata
- 42Total Projects
- 34Experience
- 1Total Projects
- 1Total Projects
Property Options available in Salt Lake Sector V Kolkata
Nearby Salt Lake Sector V
- New Town Action Area 1 Kolkata
- Rabindrapally Kolkata
- Metropolitan Kolkata
- Salt Lake Kolkata
- Kestopur Kolkata
- Central Park Kolkata
- Sector ii Kolkata
- Jawaharlal Nehru Road Kolkata
- Gouranganagar Kolkata
- Sector 1 Salt Lake City Kolkata
Popular Localities in Kolkata
- New Town Kolkata
- Joka Kolkata
- Rajarhat Kolkata
- New Town Action Area II Kolkata
- Madhyamgram Kolkata
- Rajarhat New Town Kolkata
- EM Bypass Kolkata
- Behala Kolkata
- Ballygunge Kolkata
- Sodepur Kolkata