The largest public housing project in Kolkata, Shukhobrishti, of mind-boggling 20,000 flats is going to have foundation stone laid today (Dec 24) in New Town at the hands of Jyoti Basu.
On a day when PM Manmohan Singh inaugurates rejuvenation of SAIL’s IISCO steel plant at Burnpur at a cost of Rs. 9600 crore, the housing project is surely a big boon for the cause of big-ticket investments in Bengal.
Shukhobrishti is being built by Shapoorji Pallonji (SP) group, which is not only one of the oldest construction companies in India, having established in 1865 in Mumbai, it is also one of the biggest in the country.
Among the coveted projects that SP group is presently engaged in is The Imperial, a 60-storey twin residential tower close to Mumbai Central station, billed as the tallest residential building in the country thus far.
The highpoint about SP group’s Shukhobrishti in Kolkata is not only the sheer scale of the project, but also the fact that the 20,000 apartments will be offered to LIG and MIG populace at affordable costs ranging between 3 to 6 lakh rupees. The project is said to be worth Rs. 1500 crore.
SP group’s arrival in Kolkata’s real estate scene is perhaps the first from Mumbai’s high-profile construction companies. The other ones like the Hiranandanis and Rahejas may now be expected to set feet here. For that matter, the Delhi biggies like the Unitech and DLF have already commenced their projects in and around Kolkata.
Which of course indicates that Kolkata’s development is now finally on the ascent. Bravo to that!
Related reading: When local real estate players go national
Update on Dec 26:
Many readers have been asking details about Shukhobrishti. I’ve no information better than what is gained from newspapers. Interested viewers may like to contact at Shapoorji Pallonji’s office in Kolkata. Here it is (collected from their ad in ABP, Dec 24):
Shapoorji Pallonji & Co. Ltd.
Real Estate Office:
4th Floor ‘Shrachi’, 686 Anandapur,
EM Bypass, Near Ruby Hospital, Kolkata 700107
Phone: 6555 1830, 6555 1837, 2443 1942, 2443 1943
Fax: 2443 1941
Site Plot:
E-1 & E-2 New Town
Action Area III, Kolkata
Technorati Tags: kolkata, calcutta, shapoorji pallonji, housing, bengal, west bengal
Hai Good morning
this is Debasish Bhattacharyya,willing to know if you have any info about road development in and around action area III,especially road layout from DLF new town height rajarhat.
Thank you,you doing a good job.
Thanks Debasish for stopping by.
The main arterial road in New Town is in pretty good shape despite rains. This I’m talking of dates 45 days back when I had to pass through the road on several occasions in quick succession. I’m not sure though of the roads that branched off the main corridor.
Partha