Kolkata (Calcutta) is India's fourth largest city and third largest urban agglomeration. Kolkata has seen years of stagnation from seventies till late nineties. Interest in the city has picked up since the late nineties and there is a construction boom (at least relative to the earlier period) now. Apartment buildings are rising up all over the city and so are office buildings (not towers though).
One of the biggest projects right now is the construction of a 35 sq km city (to be expanded to 50 sq km) called New Town Kolkata. It's just started to take shape and hopefully it will be a nice place.
Another major project which was put up for bid is a new city in Dankuni within the metropolitan area.
The interest shown by national players like Unitech and DLF and even international biggies like EMAAR in these bidding rounds is something new for the city. What was once a localized market with small time local builders is suddenly seeing the entry of national level players. Developers are trying to rope in international architects (in partnership with local associates) to spruce things up too.
So the future looks interesting.
Here is a rundown of projects in Kolkata (Calcutta).
One of the biggest projects right now is the construction of a 35 sq km city (to be expanded to 50 sq km) called New Town Kolkata. It's just started to take shape and hopefully it will be a nice place.
Another major project which was put up for bid is a new city in Dankuni within the metropolitan area.
The interest shown by national players like Unitech and DLF and even international biggies like EMAAR in these bidding rounds is something new for the city. What was once a localized market with small time local builders is suddenly seeing the entry of national level players. Developers are trying to rope in international architects (in partnership with local associates) to spruce things up too.
So the future looks interesting.
Here is a rundown of projects in Kolkata (Calcutta).