The corporate scenario in Kolkata is on an upward trend with
the present state government's initiative in reviving the
weak and sick industrial sectors of Kolkata and also inviting
large IT companies and other industries from India and all
over the world to invest in the city.
- Technopolis, a huge IT
park is expected to come up in Kolkata's Salt Lake's
Sector V region with an area of 6.75 lakh sq ft. It will
be the world's first real estate project to be registered
under the United Nations Framework Convention (UNFC) on
Climate Change as a clean development mechanism project
- Royal Indian Raj International Corporation (RIRIC), an
NRI group, is going to invest $1 billion in Indian real
estate, which is going to be the biggest FDI in Indian real
estate aimed to develop large scale commercial and residential
township in Kolkata along with other metropolises.
- The city at present is experiencing major construction
activity especially around the Eastern Metropolitan Bypass
and further east in Rajarhat area where a planned township
named "New Town" is being built and will certainly
be the new face of Kolkata real estate in the next 5 years.
- Rajarhat project, the new IT hub of Kolkata will have
retail stores and entertainment facilities and a 5, 00,000
sq. ft open-air landscaped podium, Touted to be the largest
IT Park in Kolkata, Rajarhat spans an area of 1.3 million
sq. ft and can accommodate 20,000 executives.
- Wipro, which set up a sprawling 17 acre campus in Kolkata's
Salt Lake is now planning to get another 50 acre plot in
Rajarhat, the proposed IT hub in east Kolkata.
- Major IT companies such as Satyam Computers, ITC InfoTech,
HSBC Electronic Data Processing India (HDPI), ICICI One
Source and GECIS will set up their centers in the city shortly.
- Major Real estate developer DLF has developed an IT park
in Kolkata in Rajarhat area with a super area of 1.3 million
sq. ft. and is now largely operational.
- Unitech, world's one of the top 50 real estate developer
is developing a 100-acre residential project called "Uniworld
City" which is only 10 minutes to Dumdum Airport. Unitech
is also developing a 50-acre IT project.
- The state government announced plans earmarking 500 acre
for an IT-cum-Biotech park near the city airport as part
of a Rs.5, 000-crore program to upgrade industrial infrastructure