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Kolkata in Future

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







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