WHAT IS ON OFFER IN INDIA?
There are a lot of foreign investors who are coming to India and investing big time in Rajarhat. Several projects have been born out of these investments.
i) Rosedale Gardens is a housing complex for NRIs. It is a joint venture between Bengal Shrachi Housing Development and two NRI individuals. The project taps the demand for fully furnished ready-to-move-in apartments from NRIs, and boasts of an investment of Rs 300 crore. Rosedale Gardens is spread over 16 acres in Action Area III of Rajarhat. Each flat here will cost between Rs 50 lakh to 1.30 crore. The amenities are compatible with those in the West, from the swimming pool and to advanced sporting facilities. In addition, there will be a travel centre, medical assistance on demand and an eating joint. Keeping in view that privacy is highly valued by the NRIs, the joint venture has consciously avoided developing big commercial outlets within the complex.
ii) Indonesia-based Bengali NRI Prasun Mukherjee’s Universal success Enterprise Ltd and Delhi-based Unitech will promote a Rs 700-crore information technology park and housing project at Rajarhat soon.
iv) Elita Garden Vista, a 1,278 unit complex, is being developed on a 25-acre land parcel in Action Area III by Keppel Land Limited, the property arm of the Keppel Group, one of Singapore’s multinational firms with core businesses in offshore and marine infrastructure and property. Keppel Land’s Indian partners in the project - are the Jatia Group and the Puravankara Group. Elita is set to be ready by the end of 2011.
v) The country’s first solar power housing complex is coming up in Rajarhat too. An agreement has just been signed between DLF and the West Bengal Green Energy Development Corporation to this effect. A total of 200 acres have been acquired in Rajarhat by DLF for the project and work is expected to start soon. The highrise complex will provide housing solutions to all three categories – lower, middle and higher income groups – and contain 8,000 apartments. Photo voltaic cells will be fitted on rooftops, terraces, refuge areas, balconies and window panes to generate power.
Courtesy HT-dtd -17-01-09:
i) Rosedale Gardens is a housing complex for NRIs. It is a joint venture between Bengal Shrachi Housing Development and two NRI individuals. The project taps the demand for fully furnished ready-to-move-in apartments from NRIs, and boasts of an investment of Rs 300 crore. Rosedale Gardens is spread over 16 acres in Action Area III of Rajarhat. Each flat here will cost between Rs 50 lakh to 1.30 crore. The amenities are compatible with those in the West, from the swimming pool and to advanced sporting facilities. In addition, there will be a travel centre, medical assistance on demand and an eating joint. Keeping in view that privacy is highly valued by the NRIs, the joint venture has consciously avoided developing big commercial outlets within the complex.
ii) Indonesia-based Bengali NRI Prasun Mukherjee’s Universal success Enterprise Ltd and Delhi-based Unitech will promote a Rs 700-crore information technology park and housing project at Rajarhat soon.
iv) Elita Garden Vista, a 1,278 unit complex, is being developed on a 25-acre land parcel in Action Area III by Keppel Land Limited, the property arm of the Keppel Group, one of Singapore’s multinational firms with core businesses in offshore and marine infrastructure and property. Keppel Land’s Indian partners in the project - are the Jatia Group and the Puravankara Group. Elita is set to be ready by the end of 2011.
v) The country’s first solar power housing complex is coming up in Rajarhat too. An agreement has just been signed between DLF and the West Bengal Green Energy Development Corporation to this effect. A total of 200 acres have been acquired in Rajarhat by DLF for the project and work is expected to start soon. The highrise complex will provide housing solutions to all three categories – lower, middle and higher income groups – and contain 8,000 apartments. Photo voltaic cells will be fitted on rooftops, terraces, refuge areas, balconies and window panes to generate power.
Courtesy HT-dtd -17-01-09:


