Calcutta Riverside is a satellite township development across 262 acres (1.06 km 2 ) being developed by Riverbank Developers Pvt. Ltd. in joint venture with Bata India Limited planned on the banks of the Hooghly River in Kolkatain South 24 Parganas district under Maheshtala Municipality.Riverbank Holdings the operating company has finalised a funding of Rs 117.60 crore for the IT SEZ portion of this project on the outskirts of Kolkata. Yatra Capital Ltd will invest the funds in the IT SEZ component of the Calcutta Riverside project in lieu of 50 per cent equity stake in the SEZ. Spread over 25 acres (100,000 m 2 ), the IT SEZ will have a built-up area of 21.92 lakh sq.ft. This is the joint venure of Riverbank Holdings Private Ltd. and Bata India Ltd and CMDA. . Calcutta Riverside is a mixed use development with high end residential communities around river, golf course and lakes. It has self-sufficient amenities like an IT park within 25-acre (100,000 m 2 ) SEZ, a ‘Crowne Plaza’ 200 room hotel with 50 service apartments overlooking the river, a Retail Mall with Big Bazaar and Hometown anchors by Future Group, a multi specialty hospital with diagnostic center, a school, a 9 hole golf course, a large sports and recreation club, an exclusive golf club; and above all, a 700 m. long riverfront promenade with fun retail and a marina. The 1,400-crore Batanagar rejuvenation project and The Rs 150-crore “international, four-star deluxe” resort is expected to be opened to guests in 40 months. Holiday Inn is owned by the UK-based InterContinental Hotels Group (IHG), which licences it out to franchisees and third parties who operate hotels under management agreements. With an 800-bed multi-speciality hospital also tied up with the Asia Heart Foundation, and international alliances for a “knowledge village” being completed, the contours of the 256.94-acre (1,039,800 m 2 ) Batanagar redevelopment are now firmly in place.implementing Calcutta Riverside, is in the process of tying up with Dulwich College, London, and Nanyang Technological University, Singapore, among others, for the knowledge campus.

The township has been designed with environment friendly design and onsite initiatives like the 25-acre (100,000 m 2 ) IT Park registered as Green Building, retention of existing water bodies and recreation of more lined up with geo-textile blankets, retention of as much green cover as possible and careful transplantation of the rest within the site, offsite nursery development, zero sewage discharge, recycled water usage for irrigation and HVAC, use of sustainable building materials like bricks, concrete blocks etc. for the façade treatment, use of screens and shading devices, building envelopes around green courts, etc.

The township has been designed through a collaborative endeavor of some of the design firms across the country. World class physical infrastructure and its sustainable management have been the key initiatives and therefore each of the micro parts have been detailed out by specialized agencies on service verticals, irrigation, transportation, golf course.

The Project

Mandeville-Golf Villas

Golf Greens-Golf Condominium

The project own the Global Awards In Association with CNBC Asia Pasific Properties Awards for Best Golf Development 2008

The Princep- Riverfront Housing

The project own the Global Awards In Association with CNBC Asia Pasific Properties Awards for Best Development 2008.

Amenities

The Terminus - Transport Hub

The 6.40-acre (25,900 m 2 ) dual functioning transportation node will provide connectivity to all the important locations of the city through buses, taxis and auto rickshaws, apart from providing environment-friendly transport for moving around inside the estate.

The Maidan - Community Ground

A 14-acre (57,000 m 2 ) congregation area with an existing water body that has been recrafted, the Maidan will provide for community celebrations such as Durga Puja and other large events and gatherings.

Hospital

Educational institute

The educational infrastructure would consist of three existing schools that would be refurnished and an entirely new institute with a state-of-the-art educational format and facilities.

Golf course

Hotel and convention center

Calcutta Riverside Golf Club - Executive Golf Club

The Strand - Riverfront Promenade

Calcutta Riverside Club - Sports and Recreation Club

Sports such as badminton, tennis, basketball, cricket and football and much more will be on offer. There will also be a gymnasium and spa, and a swimming pool.

Infrastructure

Water Supply

Treated surface water from KMWSA will be supplied through the Maheshtala Booster Pumping Station.

Sewage System

Sewage would be transferred to the STPs (Sewage Treatment Plant) within the township. A new closed STP would be added to the two existing STPs to create an environment-friendly sewerage system with a recycled water distribution network.

Pond Water and Storm Water Management

An integrated pond water and storm water management system will ensure the health of the local eco-system.

Firefighting System

For fire safety, the township has been divided into eleven firefighting zones. Among these, for eight zones, the adjacent water bodies will be used; while for the other three, a combination of water bodies and underground pumps will be put to service.

Roads and Walkways

With segregated pedestrian and vehicular pathways, a clear hierarchy of road networks for easy and clear internal circulation, covered parking for all housing formats, designated surface parking for visitors, additional parking areas planned for the industrial park, commercial areas, schools and hospital, and pedestrian-friendly roads with landscaped footpaths, medians and bio-swales. Moreover, a peripheral road around the site would act as a visual shield between the township and the outside community.

Power Supply

A designated standby power supply system from CESC will ensure 24-hour power supply for the entire township.

Budget

Set to cost INR 1,200 crore, Calcutta Riverside is perhaps the most high profile project to have been taken up in the city in recent years—with the possible exception of the Salim Group's 5,000-acre (20 km 2 ) Kolkata West International, which too was cleared by the cabinet on February 13. Clearly, with assembly elections round the corner, the cabinet was in a generous mood.

Status

Thus, the estate will allow limited access to people from surrounding areas, so that they can cross over to the other side. The existing Bata girls, boys and primary school will be upgraded and a separate school on 6.65-acre (26,900 m 2 ) and a 300-bed hospital will be built.Also, special care seems to have been taken to ensure environmental sustainability. As much as 80 per cent of the property is open space. Some of the trees abounding the estate have been cut down, says Dabriwal, but none that are old and deserve to be preserved, and the buildings, especially the central spine, has been designed around it.Also there is the IT/industrial park and mall that will generate employment. The 1.2 kilometre riverfront will also be developed with recreation facilities for residents and visitors.Post completion, Calcutta Riverside will give employment to 30,570 people. No wonder the project was cleared as part of the state's social infrastructure development programme.The other project cleared in recent times—the re-development of 45 acres (180,000 m 2 ) of CESC's Mulajore power plant— similarly makes a passing nod at socio-economic development of the nearby areas.The plant, located in a densely populated area, was closed down some years ago. It is to be redeveloped into a power sub-station, a residential complex and an industrial park.

References

  1. ^ "Batanagar 'Calcutta Riverside' Housing Project by River Bank Estates & Holdings Pvt. Ltd.". www.processregister.com . http://www.processregister.com/Batanagar_Calcutta_Riverside_Housing/Project/pid13581.htm . Retrieved 2008-12-08 .  
  2. ^ "Calcutta Riverside". kolkatarealty.tripod.com . http://kolkatarealty.tripod.com/id10.html . Retrieved

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