Siliguri’s Residential Market Booms with ₹400 Cr Investment in New Projects
The city of Siliguri, a key gateway to Northeast India, is witnessing a real estate upswing, with over ₹400 crore invested in more than 20 new residential projects. This rapid expansion has resulted in a 12% price hike for 2–3 BHK apartments, which are now priced between ₹40–60 lakh.
Siliguri's strategic location — connecting West Bengal to Sikkim, Assam, and Bhutan — is making it a hotspot for real estate investors and homebuyers alike. The city’s growing population, expanding infrastructure, and improved connectivity through road, rail, and air transport are driving demand for quality housing.
The new projects offer modern amenities, gated communities, and green spaces, appealing to the aspirations of middle-income families and young professionals. Developers are launching a mix of mid-rise apartments and townships in areas like Matigara, Sevoke Road, and Dagapur, which are seeing a surge in both inquiries and bookings.
With Siliguri developing as a key commercial and logistics hub for the region, experts believe this residential boom is just the beginning. The ₹400 crore investment is expected to further stimulate job creation, infrastructure upgrades, and long-term value appreciation.
