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Nation’s first Rs 250cr urban yacht marina venture at Howrah

January 4, 2016 | By

India’s first urban yacht marina venture, alongside a local location, will come up in Howrah on the banks of the Hooghly stream.

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A marina is a protected harbor region where private yachts and vessels can be stopped on the water with fuel lines, crisp water supplies and shore power for the pontoons.

“Marina Grand is a urban yacht marina venture on the banks of Hooghly waterway on Howrah side, near the primary downtown area of Kolkata. It will likewise have neighborhood associated with the Marina. Such incorporated undertaking is the first as such,” Marina Infra Projects overseeing chief Samir Prasad told PTI.

The task report is being concluded and the venture will be propelled in mid-2016. The organization has as of now secured land for it, he said.

The undertaking is in two sections – the marina and a 6 lakh sq ft of private improvement alongside an exceedingly special yacht club.

Prasad said the marina venture, including the land improvement, will cost around Rs 250 crore. There will be berthing capacity of upto 50 yachts and some stock might cost about Rs 100 crore.

Asked whether the venture can pursue into obstacles the one at Goa got into harsh climate, Prasad said, “This undertaking, being on Hooghly stream, does not fall under Coastal Regulation Zone, so it is not legitimate to contrast it and the Goa venture.”

He said there have been presentations before both the state government and the Center (Shipping Ministry) and they have indicated distinct fascination.

No less than two other marina activities are proposed on government land in Mumbai – on Victoria docks of JNPT and at Alibag.

Delicate for Alibag marina has been drifted however bidders have whined about the area being viewed as, Prasad said.

Marina Infra is one of the bidders for the venture.

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