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Kolkata Project news for Kolkata Metropolitan Region - Kolkata, Howrah, Bidhan Nagar (Salt Lake), Nabadiganta (Sector V), New Town, Kalyani



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Old July 5th, 2004, 07:10 PM   #1
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Kolkata Project Update I - project news from Kolkata

With just 6% roadspace (against a minimum of 25% requirement) Kolkata's burgeoning vehicle population was going nowhere.

Things however are looking up in the eastern part of the city which is expanding rapidly.

The chief minister today inaugurated a 10 lane road connecting the airport to Salt Lake and the New Town. The road will be the main connector with the New Town, which, with a projected area of 3,075 hectares, will accommodate a residential population of 750,000 and a floating population of 250,000.

Sector I of the town is almost ready. Construction work is under progress in Sector II, while land acquisition is underway in Sector III. In Sector I, a total of 5,693 plots have been allotted so far to individuals, cooperative societies and bulk cooperatives, while 3,290 apartments are in the final stages. The new town will have shopping malls, several banks, schools, an engineering college and a central business district, offices of IT majors in addition to offices of the BSF and CRPF and a host of other organisations.

At the inaugural function the Chief Minister also welcomed national and international construction companies to invest in the state. He informed the gathering that the Kolkata Durgapur expressway would be completed by December 2004. Two lanes of this expressway are already operational.
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Old July 5th, 2004, 10:23 PM   #2
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i have pictures of the ten lane road in kolkata, i saw them in the indiahighways yahoo group, tommorow i will try to post them
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Old July 6th, 2004, 06:22 AM   #3
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Quote:
Originally Posted by nithin
i have pictures of the ten lane road in kolkata, i saw them in the indiahighways yahoo group, tommorow i will try to post them
That would be nice. I didn't see any photos in Times of India city galleries. They are more into fashion and beauty contests now a days when it comes to pics.
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Old July 6th, 2004, 01:24 PM   #4
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yes you are right!! i will post the pictures at the india highways thread
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Old July 24th, 2004, 03:55 PM   #5
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Boom Time in Kolkata?

Boom Time in Kolkata
T N Ninan
July 24, 2004
Rediff

All of you who have old, fixed notions about Kolkata and West Bengal should pay the state a visit; it has more zip than you think. I have never seen the business mood in the city so buoyant, nor the news quite so upbeat.

There is new life in the markets for real estate, shopping malls and retail finance -- all of it telling us that people are spending more. Ask where the money comes from, and the answer is that there is momentum in software and BPO (18,000 jobs already created, and 10,000 new ones expected annually from now on), leather, toys, and food processing.

New industrial parks for the latter two industries have got snapped up in no time, as has space in an export zone for jewellery. Engineering is going through a huge revival because of new foundries that have been set up in the Durgapur-Asansol belt. It also helps that a showpiece project like the once-troubled Haldia Petrochemicals is now profitable.

There is money coming in from agricultural surpluses. And the city is reviving its role as the regional hub: people from the north-east, Bangladesh and elsewhere are coming over for education (there are some 40 new private colleges and institutes), medical care (the hospitals are expanding and several new are coming up) and plain shopping (eight new malls planned, in addition to the three that have already opened).

The last week alone has seen delegations come visiting from Indonesia, Japan, Italy, Singapore and Bangladesh; next week will see one from China. The international lending agencies too seem to be keen on lending: Japan is financing four flyovers, Britain is paying for public sector restructuring (because there is an active programme to privatise, and shut down what cannot be sold), and the ADB wants to lend.

You can see the results in the usual secondary activities. The number of luxury hotel rooms has doubled in the last two or three years, but occupancy rates remain high. Thai wants to increase its Bangkok flights from three to seven per week; Gulf has started serving the city; Bangladesh's Biman will increase its daily service from two flights to three in the winter. Still, businessmen complain that they can't get seats out of Kolkata. And the media is a boom sector, with seven or eight Bengali channels apart from the plethora of national channels. Clearly, there is advertising to go round.

But everything pales in the face of the real estate and construction boom (which is helping both the steel and cement industries). Satellite towns are coming up east and west of Kolkata, and others are springing up in places like Siliguri. Hundreds of acres are being developed, new highways laid down (including a smooth new by-pass from the airport), and bridges planned.

Fast new (or widened) roads are also planned in all directions: down to Haldia, and of course the national highways to Delhi, Mumbai and Chennai. Real estate developers now talk as they do elsewhere, in individual projects of a million square feet and more, some of it in the new towns and some on disused industrial land.

The biggest seems to be a 15-million square foot project planned on surplus Bata land. An Indonesian group is building a whole township, and the big builders from Delhi have now come rushing in -- and driven up prices in real estate auctions!

Ask why this new burst of activity has been triggered on such a wide front, and the general answer is that the chief minister has made a difference. There must be more to it than that -- like being within easy distance of vibrant East Asia when India is signing FTAs with countries there.

It is encouraging that even the old Kolkata city (still very battle-scarred) is getting a facelift: the riverfront is being re-developed, the corporation is discussing how to give the major buildings fresh coats of paint, the metro is being extended, and flyovers are everywhere.

There is no shortage of power and water, so the city is livable in ways that many others aren't. Businessmen say there is new momentum in the job market; two recruiters even said they can't get enough people and are beginning to shop in other cities, to fill jobs in Kolkata. That seems to say it all.
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Old July 24th, 2004, 06:12 PM   #6
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nice article.
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Old July 28th, 2004, 10:19 PM   #7
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I hope that Kolkata continues to grow economically and otherwise. I always feel that Kolkata is marginalized compared to the other metros just because of its economic history (post-independence) and the fact that it is in Eastern India. The more important it becomes on a national scale the better. ;-)
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Old August 3rd, 2004, 04:52 AM   #8
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Kolkata - projects thread

Like the other metros of India, Kolkata is going ahead with plenty of projects. I will try to post information about projects that are going on in Kolkata.

1) Mani Karn & Suryamani



A complex of 12 storey towers at 3B, Rammohan Mullick Garden Lane. EM Bypass, Opp. Salt Lake Stadium. It will be ready by July 2006.

Suryamani the 50,000-sq-ft retail mall is attached to thehousing complex Mani Karn. It will also have a 12,500-sq-ft food zone with takeaway counters.


2) Rukmani & Parasmani



The twelve storied twin towers of Rukmani & Parasmani, will have 145 apartments and 5 penthouses. Located right opposite Subhas Sarobar (Lake), a beautiful and well-maintained aquatic complex, the project has a feel-good neighbourhood consisting of The Hyatt Regency, Swabhumi Heritage Park,
Salt Lake Stadium, 4 screen Chillax 89’, Apollo Gleneagles Hospital.

Status: Preconstruction Stage. Bookings invited.

3) Mani Square

The area: 5,50,000 sq ft
The address: A four-acre prime plot next to Apollo Gleneagles Hospitals, on the EM Bypass
The attractions: A 20-storey IT park to a four-screen multiplex, a 300,000-sq-ft retail mall to a multi-cuisine food court, a state-of-the-art business club to twin-level parking for 1,000 cars…
The rollout: From early 2005 to mid-2006.
The WBIDC project is being implemented by Mani Group and is expected to be ready by mid-2006. Giant, the RPG Enterprises hypermart outlet anchoring the retail mall, will move in by the first quarter of 2005.
The Rs 110-crore “intelligent and efficient edifice” will be a configuration of blocks unified by two atriums and the façade characterised by geometrically patterned tinted glass and brightly-coloured bondages. The showpiece 130,000-sq-ft IT tower will also offer temporary facilities on rent for a month, a week or even a day, at “competitive rates, much like service apartments”.

The management wants to try out the hire-and-use concept with the 30,000-sq-ft food court initially, with 60 to 90 days’ commitment. “We want to use real estate as a product and create entrepreneurship,” explains Jhunjhunwala.

Penetti, the business club, is being designed to pamper today’s executive. The 40,000-sq-ft club will have a fitness centre, temperature-controlled swimming pool, fine-dining restaurant, sports bar, conference hall, synthetic tennis court and indoor games.

With concept design by SAA International Ltd of Singapore, the local architect for the project is J.P. Agrawal. Structural stability is being designed by Meinhardt of Australia, with Encon Services as the local structural consultant. The landmark project, which hopes to provide an “interesting alternative” to City Centre in Salt Lake, will contribute “in excess of Rs 9 crore” to the state exchequer in stamp duty, according to the Mani Group.
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Old August 3rd, 2004, 04:55 AM   #9
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In two years: Plenty of options to eat out on the EM Bypass



Hungry, kya? Then just head for the Bypass. From phuchka to pasta, chaat to Chinese, malpoa to milk shake, there’ll soon be something to tickle every taste bud in town.

Large-format housing complexes and giant retail malls are ready to add thousands of square feet to the city’s gastronomic matrix along the EM Bypass .

This Puja, Hiland Park will roll out Foodies, the 8,000-sq-ft food court inside its retail-food-entertainment centre, The Metropolis. The eight self-service outlets will offer a mix of north and south Indian, Oriental, Italian, Bengali, chaats, soft beverages and desserts.

A motley menu will also mark the 15,000-sq-ft food court at Silver Arcade, the 80,000-sq-ft commercial complex of Silver Spring, next to ITC Sonar Bangla Sheraton & Towers. While the 20 different stalls on the food court will serve dishes from various corners of the country, the Arcade will boast four fine-dining outlets over 30,000 sq ft.

“With so many multiplexes and malls coming up and the IT sector looking buoyant, the Bypass is set for a massive facelift and food will be a major driver of business,” says Piyush Bhagat, director, Bengal Silver Spring Projects Ltd.

Mani Square, the “compatible infrastructure solution” in IT, food, entertainment and retail, coming up beside Apollo Gleneagles, will also unveil a 40,000-sq-ft food court with centralised dining in October 2005. “We will offer the entire range from pavement-style fast food to high-end fine-dining with a plug-n-cook environment for entrepreneurs,” explains Mani Group CEO Sanjay Jhunjhunwala.

The group’s 50,000-sq-ft retail mall Suryamani, attached to its housing complex Mani Karn, opposite the Salt Lake stadium, will also have a 12,500-sq-ft food zone with takeaway counters.

And the square feet food count keeps mounting. Forum chief Rahul Saraf is finalising plans for his second mall opposite Science City, which will have a 30,000-sq-ft food court with 550 covers.

“The trend signifies the manner in which the city is evolving,” observes Sumit Dabriwal, managing director, Calcutta Metropolitan Group, developers of Hiland Park.

Under palate pressure, Swabhumi, the heritage plaza, has lined up a budget bridge of eight to 10 snacks counters located between the park and its new cineplex.

The 3,500-sq ft-food court will serve a mix of Mughlai, south Indian and Chinese fast food, besides a variety of chaats, according to general manager P. Sandeep.
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Old August 3rd, 2004, 05:06 AM   #10
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4)Millennium City

DN 62, Sector V, Saltlec



Millennium City, aims to provide office space for the corporates in IT/ IT enabled services, Electronics / Telecom / Infocom /Banking /Insurance/ Biotechnology(biometrics) /Healthcare Management /Designing / Publishing / Education / Airlines / Railways.

It will have over 300,000 sq.ft. of office space built on more than 2 acres of land. There will be two towers - Millennium Tower-I & Millennium Tower-II



The techno-park project has been undertaken by Madgul Parks (P) Ltd., a Rungta group company in collaboration with Sonodyne Television Co. Ltd. Agrawal & Agrawal who have several landmarks in the city are the architects.

The Rungtas have completed a couple of commercial projects in the city -

Suprabha Corporate Park



and the Lansdowne Tower (IBM)

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Old August 3rd, 2004, 05:12 AM   #11
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5)Ashoka

A 11 storey project by Merlin Projects at 14 Ashoka Road, Alipore, Kolkata



Merlin Developers have completed many projects in the city like

Merlin Heights



Merlin Woodlands High



Merlin Manor



Merlin Links

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Old August 3rd, 2004, 05:24 AM   #12
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5)Merlin Greens

This project is 25 kms from city centre. The phase I has been completed recently with 70 homes with an overall planned development for 300 Villas, Bunglows & Row houses.











6) Sunrise City



This project is being developed by Kolkata Metropolitan Development Authority and several other companies. The project hopes to meet the surge in demand for commercial properties in the city. It is spread over 40 acres.

There will be three towers initially - Uranus, Neptune & Pluto.
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Old August 3rd, 2004, 05:35 AM   #13
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7) The Calcutta Leather Complex, Bantala

The CLC-World Eco Technology Park is spread over a sprawling 1100 acres. Just 14 kms from the Science City on the recently upgraded four- lane Kolkata-Basanti Highway. CLC is convenient to reach by 25-minutes drive from the city's business hub. A prestigious project of West Bengal, the complex has been declared as an industrial park. There are police and fire stations, petrol pump, bank, post office, market complex and so on. Housing, hotels, commercial establishments are to follow. The activities within the CLC include the entire leather industry starting from the basic raw material units to tanning and finished leather, chemicals, leather machinery, by products, components and leather products such as footwear, goods accessories and garments. lt has also provision for Backward and Forward linkages. A unique "Special Economic Zone" for leather and allied industries is also being developed in CLC. An SEZ is a "duty free enclave that is considered to be foreign territory for trade operations, duties and tariffs". CLC is a step towards India's goal of achieving 5 % of world trade in leather and leather products in 2007. An estimated Rs.5,000 crore direct project investment now looms large over the eastern fringe of Kolkata which simply makes CLC the right destination for the leather sector in the country.





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Old August 3rd, 2004, 05:48 AM   #14
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8)Brindavan Gardens at 98 Christopher Road, consists of eleven 12 storey towers.



9)Metro Heights - a 19 storey, 105 apartment tower, at 114 Dr. Lalmohon Bhattacharya Road, is being developed by the Belanis.



10)Sunflower Garden - one 13 storey and one 14 storey tower.





more to come..
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Old August 3rd, 2004, 04:09 PM   #15
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11)Greenwood Park in New Town
Greenwood Park at Rajerhat covers 5 acres and is conveniently situated near the bridge over the Krishnapur canal. Greenwood Park comprises LIG, MIG and HIG units of different sizes along with support services, institutional and recreational requirements and a convenient market complex. The LIG complex has three storeyed walk up buildings, while the MIG and HIG units are constructed in 9 storeyed buildings.



12) Emerald Isle Extension



13)Coral Isle at Greenwood Nook

This is a 17 storey tower.



14)Utsa New Town



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Old August 3rd, 2004, 04:56 PM   #16
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I am glad this great city is shaping up so nicely.
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Old August 3rd, 2004, 05:42 PM   #17
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Quote:
Originally Posted by Hindustani
I am glad this great city is shaping up so nicely.
Yes it is good to see most Indian cities changing for the better.
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Old August 3rd, 2004, 08:18 PM   #18
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15) Suncity

mostly completed. Five 12 storey buildings..





16) Ideal Residency

12 storey tower



17)Sanjeeva Town

Bunglows



18)Orbit Heights

12 storey tower



19)City High

16 storey tower



20)Ideal Towers

New 14 storey tower



21)Diamond Enclave

10 storey blocks

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Old August 3rd, 2004, 11:21 PM   #19
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Kolkata: 8000 IT jobs for grabs

Kolkata: 8000 IT jobs for grabs

BS Bureau in Kolkata | August 03, 2004 11:55 IST


The information technology and IT-enabled services sector will be adding 8,000 jobs, this year.

IT secretary, G D Gautama said that the number of jobs would be directly proportional to revenues generated from the sector, which is expected to be in excess of Rs 2,800 crore (Rs 28 billion), from Rs 1,760 core (Rs 17.6 billion) registered, last year.

At present, there were 18,000 employees in the sector.

Most of the jobs would come from the expansion initiatives announced by companies like Wipro, IBM, Tata Consultancy Services, Cognizant Technology Solutions and SkyTECH Solutions.

However, Gautama said, the job growth would continue right through 2005-06. At least two companies, GE Capital and HSBC had evinced interest in Kolkata.

Gautama said, GE Capital had communicated that they would be employing 3,000 people and the land requirement would be three acres. The company was expected to commence operation in 18 months' time.

Similarly, HSBC had also conveyed their requirements -- three acres for 3,000 people.

It was likely GE Capital would be allotted land in Salt Lake area, the IT hub of Kolkata while HSBC had seen both Salt Lake and Rajarhat, the proposed IT and ITES destination.

Meanwhile, the state government was also lobbying with the union government for greater support.

The IT team would be visiting the national capital tomorrow to meet Union IT Minister, Dayanidhi Maran.

One of the main points in the agenda was the submarine cable landing station, a long standing demand from the state IT department. In fact, the matter was first taken up with the erstwhile IT minister, Arun Shourie.

Gautama said, the state required more software technology parks in Haldia and Siliguri and this would be taken up at the meeting with Maran. At present, there were three STPs in Kolkata, Durgapur and the more recent one in Kharagpur.

The IT team was also keen on support from the union IT ministry in the state's e-governance initiative.

The wide area network would be taken up right upto the panchayat level and this would be require an investment of Rs 35 crore (Rs 350 million).

The state IT team was likely to ask for some financial support for this project.
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Old August 4th, 2004, 01:37 AM   #20
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Kolkata seems to be moving up in this area.
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