Delinker at 12:58, 31 July 2023

2023-07-31T12:58:32Z

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{{Use dmy dates|date=July 2018}}
{{Use Indian English|date=July 2018}}
{{Infobox settlement
|official_name = Calcutta Riverside
|settlement_type = [[Township]]
|nickname =
|motto =


|image_skyline = Calcutta Riverside.jpg
|imagesize = 300px
|image_caption = Skyline View of Calcutta Riverside from a Residential Project
|image_flag =
|image_seal =


|image_map =
|mapsize = 300px
|map_caption = Artist's impression of the Calcutta Riverside Township
|image_map1 =
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|coordinates =
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|postal_code_type =
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|website = http://www.calcuttariverside.com
|footnotes =
}}
{{Coord|22.5103|88.2238|display=title}}
'''Calcutta Riverside''' is a satellite township development across {{convert|262|acre|ha|order=flip}} being developed by Riverbank Developers Pvt. Ltd.<ref>
{{cite web
|url=http://www.processregister.com/Batanagar_Calcutta_Riverside_Housing/Project/pid13581.htm
|title=Batanagar 'Calcutta Riverside' Housing Project by River Bank Estates & Holdings Pvt. Ltd.
|publisher=www.processregister.com
|accessdate=2008-12-08
|last=
|first=
}}
</ref><ref>
{{cite web
|url=http://kolkatarealty.tripod.com/id10.html
|title=Calcutta Riverside
|publisher=kolkatarealty.tripod.com
|accessdate=2008-12-08
|last=
|first=
}}
</ref><ref>{{cite web
|url = http://www.nabc2006.org/sponsors/finalhiland/hiland.htm
|title = hiland
|publisher = www.nabc2006.org
|accessdate = 2008-12-08
|archive-url = https://web.archive.org/web/20081121030501/http://www.nabc2006.org/sponsors/finalhiland/hiland.htm#
|archive-date = 21 November 2008
|url-status = dead
|df = dmy-all
}}</ref> in joint venture with Bata India Limited planned on the banks of the Hooghly River in [[Kolkata Metropolitan Area|Greater Kolkata]]. The planned township falls under [[Maheshtala|Maheshtala Municipality]] in [[South 24 Parganas district]], [[India]]. 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.<ref>http://www.yatracapital.com/news/YATRAEIGHTHANNOUNCEMENT.pdf</ref> Spread over {{convert|25|acre|ha|order=flip}}, the IT SEZ will have a built-up area of 21.92 lakh sq.ft. This is a joint venture of Riverbank Holdings Private Ltd. and [[Bata Shoes|Bata India Ltd]] and [[KMDA]].
.<ref>
{{cite web
|url=http://www.thehindubusinessline.com/2007/12/14/stories/2007121451052300.htm
|title=The Hindu Business Line : Calcutta Riverside project
|publisher=www.thehindubusinessline.com
|accessdate=2008-12-08
|last=
|first=
}}
</ref><ref name="magic">
{{cite web
|url=http://property.magicbricks.com/microsite/riverside
|archiveurl=https://web.archive.org/web/20081207095817/http://property.magicbricks.com/microsite/riverside
|archivedate=2008-12-07
|title=Riverbank Holdings Private Limited
|publisher=property.magicbricks.com
|accessdate=2008-12-08
|last=
|first=
}}
</ref><ref>
{{cite web
|url=http://www.telegraphindia.com/1061020/asp/propertt/story_6894709.asp
|title=Propertt-On the riverfront- With an IT park, mall and housing by lakes, Calcutta Riverside-the township coming up in Batanagar — is ready to make an urban statement
|publisher=www.telegraphindia.com
|accessdate=2008-12-08
|last=Saha
|first=Subhro
|date=20 October 2006
}}
</ref><ref>
{{cite web
|url=
|title=BATANAGAR-Calcutta Riverside-Under Construction-SkyscraperCity
|last=
|first=
}}
</ref><ref>
{{cite web
|url=http://www.inrnews.com/realestateproperty/india/himachal_pradesh/reliance_secures_retail_space_in_kolkata_inrnews.html
|title=Reliance secures retail space in Kolkata
|publisher=www.inrnews.com
|accessdate=2008-12-08
|archive-url=https://web.archive.org/web/20090302030126/http://www.inrnews.com/realestateproperty/india/himachal_pradesh/reliance_secures_retail_space_in_kolkata_inrnews.html
|archive-date=2 March 2009
|url-status=dead
|df=dmy-all
}}
</ref>

Calcutta Riverside is a [[mixed-use development]] with high-end residential communities around river, golf course and lakes. It has amenities including an IT park within {{convert|25|acre|ha|order=flip|adj=on}} 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 a 700-metre-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 under construction. 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 {{convert|256.94|acre|ha|order=flip|adj=on}} Batanagar redevelopment are now 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.<ref>{{cite web
|url=http://www.telegraphindia.com/1071004/asp/calcutta/story_8388061.asp
|title=Riverside luxury in reborn township
|publisher=www.telegraphindia.com
|accessdate=2008-12-08
|date=4 October 2007
|last=Saha
|first=Subhro
}}
</ref>

The township has been designed with environmentally friendly design and onsite initiatives like the {{convert|25|acre|ha|order=flip|adj=on}} IT Park registered as a 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, 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.<ref name="magic" />

<ref>{{Cite web |url=http://enviswb.gov.in/Env_application/EIA/uploads/Riverbank%20-%20Batanagar%5B1%5D.pdf# |title=Archived copy |access-date=8 December 2008 |archive-url=https://web.archive.org/web/20110721155551/http://enviswb.gov.in/Env_application/EIA/uploads/Riverbank%20-%20Batanagar%5B1%5D.pdf# |archive-date=21 July 2011 |url-status=dead |df=dmy-all }}</ref><ref>
{{cite web
|url=http://www.kothi.com/index.php?mod=re_search&ad=860
|archiveurl=https://web.archive.org/web/20080519161559/http://www.kothi.com/index.php?mod=re_search&ad=860
|archivedate=2008-05-19
|title=Property India Real Estate Mumbai, Chandigarh Properties for Sale Delhi, Free Ads, Kothi.com - The Asian Property Portal
|publisher=www.kothi.com
|accessdate=2008-12-08
|last=
|first=
}}
</ref>

==The Project==

===Golf Greens-Golf Condominium===
The project won the Global Awards In Association with CNBC Asia Pacific Properties Awards for Best Golf Development 2008 <ref name="www.propertyawards.net">{{cite web
|url=http://www.propertyawards.net/ap/2008development.html
|archiveurl=https://web.archive.org/web/20081224090211/http://www.propertyawards.net/ap/2008development.html
|archivedate=2008-12-24
|title=Property Awards Net - Regional and Global Awards In Association with CNBC, CNBC Arabia, The Daily Mail, Bangkok Post, Lycos, Toptenproperties.net, International Homes and The New York Times
|publisher=www.propertyawards.net
|accessdate=2008-12-08
|last=
|first=
}}
</ref><ref name="The Economic Times">{{cite web
|url=http://economictimes.indiatimes.com/dirreport.cms?companyID=13974&year=0
|title=The Economic Times
|publisher=economictimes.indiatimes.com
|accessdate=2008-12-08
|last=
|first=
}} {{Dead link|date=October 2010|bot=H3llBot}}</ref>

===The Princep- Riverfront Housing===
The project won the Global Awards In Association with CNBC Asia Pacific Properties Awards for Best Development 2008.<ref name="www.propertyawards.net" /><ref name="The Economic Times"/>

==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 {{convert|5000|acre|ha|order=flip|adj=on}} Kolkata West International.<ref name="www.propertymart.co.in">{{cite web
|url=http://www.propertymart.co.in/pedia/land_laws.php
|title=Propertymart - Indian Real Estate Portal - Land, Property Laws
|publisher=www.propertymart.co.in
|accessdate=2008-12-08
|last=
|first=
}}
</ref>

==Status==
The existing Bata girls, boys and primary school will be upgraded and a separate school on {{convert|6.65|acre|ha|order=flip|adj=on}} and a 300-bed hospital will be built. 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.

The IT/industrial park and mall will generate employment. The 1.2 kilometre riverfront will be developed with recreation facilities for residents and visitors. Post completion, Calcutta Riverside will give employment to 30,570 people.

<ref name="www.propertymart.co.in" />

==References==
{{Reflist}}

[[Category:Neighbourhoods in Kolkata]]
[[Category:Townships in India]]
[[Category:Economy of West Bengal]]
[[Category:Kolkata Metropolitan Area]]

Calcutta Riverside - Revision history

Delinker at 12:58, 31 July 2023