Silver Spring is brought to you by the Bhagats, erstwhile promoters of the Sanjeevani Group, who co-created Club Town, Space Town, Koyla Vihar, Hari Kunj and the clubs– Space Circle and the Circle. Joining them as co-promoters at Silver Spring are Messers Mehta and Ajmera, a Kolkata-based financial services firm of repute and standing.Silver Spring is a joint venture with the Kolkata Municipal Corporation.