Tag Archives: West Bengal

Bengal to welcome offers from pvt land firms to create townships

The West Bengal government will welcome interest from land designers to grow new townships.

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Authorities said private players can create private townships on exclusive area for which the legislature will give all conceivable offices.

The legislature will likewise create six urban communities Siliguri, Kalyani, Bolpur, Baruipur, Howrah and Asansol as topic urban communities, authorities said.

Each of the urban communities will be themed around games, senior residents, wellbeing and training, industry, investigation and workmanship and society.

80,000 homes to be worked for poor in 163 urban communities

More than 80,000 houses will be inherent urban zones in seven states for the Economically Weaker Sections (EWS) with the Center today giving its gesture to the proposition which involve an aggregate speculation of more than Rs 4,000 crore.

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The houses will be inherent 163 urban communities in the seven states.

The Ministry of Housing and Urban Poverty Alleviation said an aggregate focal help of Rs 1,226 crore – at the rate of Rs 1.50 lakh for every house – will be given under the Prime Minister’s Awas Yojana (Urban) with the general expense of the venture assessed to be Rs 4,076 crore.

West Bengal has been authorized a sum of 27,830 houses, trailed by Telangana- – 22,817; Bihar- – 13,315; Mizoram- – 8,922; Rajasthan- – 6,052; Jharkhand- – 2,337; and Uttarakhand- – 484, an official discharge said.

A between pastoral Central Sanctioning and Monitoring Committee, led by HUPA Secretary Nandita Chatterjee, affirmed the recommendations got from the seven states after point by point discourses and once it was fulfilled about the accessibility of area for the activity and the offer of the states and the recipients, it included.

Of the aggregate houses endorsed, 58,456 will be worked under the ‘Recipient Led Construction’ segment. Under this, recipients will assemble new houses all alone land with help from the focal and state governments.

Another 23,301 houses will be worked under ‘Reasonable Housing in Partnership’ segment under which the state governments will give land while the Center would expand help of Rs 1.50 lakh for each recipient.

With the most recent endorsement, the administration has so far authorized a sum of 5.07 lakh houses for EWS in 13 expresses, the aggregate focal help for the same adding up to Rs 7,519 crore.

Under PMAY, the legislature has an objective to help the development of two crore houses for urban poor in 4,041 statutory urban nearby bodies in the nation.

Rs 100 cr Hajj House to be innaugrated by CM Mamata Banerjee

The state government assembled Rs 100 crore Hajj House in New Town would be initiated by boss priest Mamata Banerjee on today. The area for the same had been bought in 2012 from HIDCO.


A wide range of enhancements and help for Hajj explorers would be given at the Hajj House. The property additionally houses a mosque and an assembly room. The 12-storied building has been named Medinatul Hajjaj.

The building can house 3000 admirers. The Hajj House would suit Hajj explorers from West Bengal as well as from other neighboring conditions of Tripura and Odisha.

Close by Medinatul Hajjaj, the boss pastor would likewise initiate a rundown of other new offices, for example, the second grounds of Aaliya University in Park Circus, AK Fazkul Haque Muslim Girls’ Hostel on Dilkhusha Street, Government Girls’ General Degree College in Ekbalpore, enlarging and reinforcing of four streets in North 24-Parganas region, motels for vacationers (a portion of Pather Sathi venture) in Bongaon, Berachanpa and Tentulia, setting up of sun powered light for schools in North 24-Parganas area, redesign and beautification of Sethpukur in North 24-Parganas locale, Chaker Bheri under Bidhannagar Municipal Corporation, lasting displaced person covers in Baogachi and Kashipur in Habra-1 square and Andolan Setu in Balurghat.

Mamata Banerjee would likewise establish the framework stones of the accompanying activities: Aukaf Bhavan, Hajj House young ladies’ inn in Kaikhali, lodging for representatives of Aaliya University, enlarging and fortifying of two streets in North 24-Parganas area, Naihati transport end and assembly focus in North Barrackpore Municipality.

Bidhannagar takes a jump to be under focus’ Smart City plan

The Bidhannagar Municipal Corporation is good to go to meet speculators at the West Bengal Global Business Summit that takes off on Friday to put resources into the state’s just arranged satellite town.

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Bidhannagar (Salt Lake) region is one of the four region territories close by New Town, Haldia and Durgapur which might go under the Center’s ‘Keen City’ plan.

Forthcoming speculators would be illuminated about the Rs 2,981 crore archived arrangement submitted to the focal government for reviving Salt Lake.

“We have officially identified with three worldwide MNCs who have done savvy urban communities in Europe to offer us some assistance with giving shape to a more quick witted Salt Lake. Salt Lake is now an arranged township which requires expansion of a couple innovation layers to enhance it,” said Pawan Kadyan, magistrate, Bidhannagar Municipal Corporation.

More number of greener structures would be arranged close by redesigning existing structures to environmentally friendly power vitality utilizing offices. Every building would be given a choice to have housetop sun based boards that would be matrix associated.

The base vitality that one can choose is 5KW while it can go up to 25KW contingent upon the size and prerequisite of the building.Upgrading a 5KW utilizing building could cost up to Rs 5 lakh. However these expenses would be financed up to 15% by the powers. Appropriation separated, clients would likewise be offered different relaxations and impetuses.

For the activity the Bidhannagar Municipal Corporation has tied up with West Bengal Renewable Energy Development Agency who might help them with specialized help as well as help with getting MNRE stores.

The private and office structures separated they would set up a metropolitan assembly room on a 2 lakh sq ft land. This theater would be named Rabindra Bhavan and will likewise be utilized as stages for Bengal craftsmen to perform. Speculations to the tune of Rs 50 crore would be placed into this task.

To handle security issues near 300 reconnaissance cameras would be introduced over the township associated through optic strands and checked by a focal control room. “The conceptualized control room would likewise be taking of every single other subtle element in the township including taking care of a helpline number, heat guide of the companies and numerous such things,” said Kadyan.

Generally useful versatile vehicles to treat pets would be progressing in the townships and there are arrangements to get every one of the healing centers the region under one rooftop online where patients can think about offices and administrations advertised.

While a great deal of Indian organizations based out of the city’s IT center at Sector V Salt Lake have effectively communicated ability to work with the district in the shrewd city activity various universal representatives have expanded backing.

While the power has as of now had a meeting with James Brainard, leader of Carmel, one of the quickest developing refers to in the United States, they are motivating prepared to meet the Mayor of Markham, Canada in February.

Beautification extends too would be taken up. A couple incorporate beautification of Central Park , advancement of bike paths, person on foot zones and wetlands that would be utilized for ecotourism purposes.

Birla Corp leader to purchase concrete business of Anil Ambani in Rs 5,000 crore bargain

Birla Corp has developed as the leader to procure Anil Ambani’s concrete business, an entirely claimed arm of lead Reliance Infrastructure, taking after a focused deal prepare that likewise saw rival offers from driving private value buyout stores.

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The Kolkata-headquartered gathering is right now the main potential purchaser occupied with cutting edge business transactions with Anil Ambani-advanced Reliance Group, said three individuals mindful of the exchanges.

Alternate genuine contender in the fight was Blackstone private value, which had collaborated with Sumit Banerjee, previous bad habit director of Reliance Cement. Banerjee was likewise CEO of the base organizations of Reliance Infrastructure before venturing down in 2013.

Birla Corp’s offer in the scope of Rs 5,000-5,100 crore is said to be in accordance with Reliance Group’s desires. It bested contending PE offers pegged at Rs 4,200-4,500 crore, said those refered to above. A shortlist had been drawn up after definite offers were submitted on Christmas Day. Other people who recorded preparatory articulations of interest included Baring Private Equity Asia, Carlyle, JSW Cement, JK Lakshmi Cement and China Resources Cement Holdings. ET initially gave an account of the contenders on December 29.

A definite conclusion is normal in the following fortnight yet a declaration might come as right on time as one week from now. A Reliance Infrastructure representative declined to remark. Birla Corp Chairman Harsh Lodha was not accessible for input. Birla Corp has been among the most greedy moderate sized bond organizations since a year ago. In August, it consented to gain two comparable measured resources from Lafarge India for Rs 5,000 crore however that exchange is yet to be finished after an administrative logjam over the exchange of limestone mines.

To stay away from the same hindrances, rather than a droop deal like Lafarge, Reliance has chosen to offer shares in the organization that claims the plants, mining concessions and imminent leases. Birla Corp, set up in 1919, is a piece of the MP Birla Group that is occupied with concrete and jute, with the previous representing more than 90% of income. With an aggregate operational bond limit of around 9.3 million ton for every annum (MTPA), it has units in Rajasthan, Madhya Pradesh, Uttar Pradesh and West Bengal.

On the off chance that the Lafarge and Reliance bargains experience, Birla Corp will have an aggregate limit of around 16 MTPA. The organization has a solid accounting report that it’s hoping to influence to store acquisitions. Toward the end of March 2015, it had Rs 2,549 crore of aggregate stores, including money and money likeness Rs 468 crore. For the Lafarge bargain, it arrangements to utilize Rs 1,500 crore of inward gatherings while raising extra obligation of Rs 3,500 crore from a consortium of Deutsche Bank, Axis Bank, State Bank of India and IndusInd Bank.

Dependence Cement, which began operations in 2007, has an aggregate introduced limit of 5.8 MTPA. Of this, 2.8 MTPA is at its fundamental unit in Maihar, Madhya Pradesh, which was charged a year ago. The remaining units are in Kundaganj in Uttar Pradesh and Butiburi in Maharashtra. The organization has leases to concentrate limestone in Madhya Pradesh, Karnataka, Uttarakhand, Chhattisgarh, Himachal Pradesh and Rajasthan. Dependence Cement is sold in Uttar Pradesh, Madhya Pradesh, Jharkhand and West Bengal and in a few urban communities of Maharashtra.

The organization’s arrangement had been proportional up yield to 15 MTPA more than five years since commencement with incorporated units in Madhya Pradesh and Maharashtra, however the capital-concentrated arrangements were racked as Reliance Group got saddled with obligation. It had united obligation of Rs 26,630 crore toward the end of June, as per its site.

Dependence Infrastructure had commanded Morgan Stanley and SBI Caps to deal with the deal process. The first technique conceived the vast majority of the units being set up in Madhya Pradesh on the quality of the gathering’s Sasan ultra super power venture. The thought was to utilize fly fiery remains produced from the force plant at the bond units fly slag is a key crude material for concrete. Ambani had even reserved in Ambuja Cements’ previous overseeing chief Anil Singhvi to lead the gathering’s entrance into the portion however he cleared out after the introductory years.

Dependence Cement will advantage Birla Corp in ways that are like Lafarge as far as operational cooperative energy and combining piece of the overall industry in east and focal India, examiners said. That will fortify its position in the area after Holcim-Lafarge, Ultratech and Dalmia Bharat, they said.

Eiffel Tower reproduction to come up in Kolkata

A 55-meter imitation of the Eiffel Tower in being arranged at the Eco Park in the savvy city New Town.

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The imitation of the tower would come up in the Eco Park and is relied upon to be a noteworthy vacation destination, West Bengal Housing Infrastructure Development Corporation Ltd (HIDCO) administrator Debashis Sen told PTI.

The venture arranged in the satellite city would take around three years to finish after its work request is issued and almost 300 ton of steel would be required to fabricate it, HIDCO authorities said.

West Bengal Chief Minister Mamata Banerjee is establishing the framework stone of the venture today in vicinity of the Consul General of France in Kolkata.

Authorities said that it would likewise be a statement of solidarity towards world peace and pay tribute to the 129 casualties of the November 13 fear assault in the French capital.

“With its finish, sightseers can have a look of the Eiffel Tower without going to Paris,” Sen said, including, “The spot has been recognized to showcase Bengal’s remarkable works of art drawing consideration of the vacationers from the nation and abroad.”

He said the tower would be a monster steel structure with a tallness of a 18-story building.

“We could have attempted and built a definite copy if the area had not been near the skim way of the flights arrival and taking off from NSC Bose International Airport,” Sen said.

“The Tower will have two levels where individuals can go up and remain to get a look of the town underneath,” the HIDCO executive said.

“The review display will be at a tallness of 25 m and two lifts will arrive to convey the travelers. The base of the structure would lay on 650 sq ft,” Sen said.

The task was brought about by the HIDCO as of late and the West Bengal government promptly gave its freedom.

“We will glide a delicate soon to choose the office that will manufacture the structure,” the HIDCO executive said.

“This will be the first such model of the Eiffel Tower in India and its building outlines are worked out by the Institute for Steel Development and Growth,” Sen said.

One of the miracles of the current world, the 324-m Eiffel Tower is the most well known vacation spot in Paris.

The City of Joy has as of now got an imitation of the acclaimed London tower ‘Enormous Ben’ created by South Dum Municipality as a changeless structure.

The 90 ft tall tower remains at the occupied intersection of Lake Town-VIP Road crossing since October last.

Sebi to auction asset of Tower Infotech

The Securities and Exchange Board of India (Sebi) has initiated the process for sale of assets of Tower Infotech Ltd, as per an order from Calcutta High Court, under which the auction would be conducted for sale of the company’s land.

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Markets regulator Sebi will this month conduct the auction of the property of West Bengal-based Tower Infotech Ltd, which had garnered funds through illegal money pooling schemes, to repay investors.

The property listed for sale includes a land parcel in Calcutta with a reserve price of Rs 6 crore. The High Court has directed Sebi to sell certain assets of Tower Infotech and distribute the proceeds among duped depositors and debenture holders.

In a public notice, the capital markets watchdog said that the sale of Tower Infotech’s property will be conducted on November 18 before the High Court.

“The sale shall be conducted through physical auction and …property will be sold in a single lot and shall not be sold below the reserve price fixed,” it added.

Prospective buyers have been asked to send applications along with a payment for an amount equivalent to 10 per cent of the reserve price as earnest money by November 9.

Last year, Sebi had conducted the e-auction of the four properties of Tower Infotech. In addition, the markets regulator had asked investors and depositors of Tower Infotech to submit their claims for refund of money invested in the company’s ‘chit-fund’ schemes.

The unauthorised money-collection schemes are widely known as ‘chit funds’ in West Bengal and other Eastern and North-Eastern states, although their operators are not registered as ‘chit fund’ companies in most cases.

Departments join hands for smart cities in West Bengal

The state government is working on converging different initiatives to develop four smart cities in the state. Officials from departments like urban development, home, transport, health, power, IT and those from Webel, CII, Nasscom and other consultants attended a meeting last today to discuss on the issue.

The state is preparing a plan for New Town, Salt Lake, Asansol and Durgapur, which have been selected and included in the centre’s list for the smart city project. This will be submitted to the Union urban development ministry by November so that the cities get funds in the first phase. A total of 100 smart cities have been selected across the nation.

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It was planned that writeups will be made by the first week of November on the activities under digital India, megacity (safe city), National Urban Health Mission, m-governance, urban mobility , solar city, intelligent transport systems and other central and state government schemes.Different citizen-centric activities such as call-an-ambulance, complaint-to-police or call-to-fire brigade were also discussed. The officials also discussed as to how these initiatives of different departments could be merged together to develop the smart cities.

It has been primarily agreed upon in the meeting that a common control and command room system will be required so that in times of emergency all agencies concerned can move and reach the spot in time. It was also discussed as to how a citywide WiFi system with free Wi-Fi in public hot spots could be developed in public-private-partnership (PPP) model.

In Salt Lake, a meeting was held at Bidhannagar Municipal Corporation to discuss on ways to prepare the smart-city plan. A smart seminar for Salt Lake was also organized on Saturday and it was attended by experts from various fields and representatives from different business chambers. It has been planned that residents’ views would be taken into consideration to develop Salt Lake as a smart city .

The state is likely to receive investments from US-based companies for the development of the proposed smart cities. Representatives of American Chamber of Commerce in India (AmCham India) will soon meet representatives of different urban local bodies and consultants to discuss the plans for the smart cities and theme townships. A state delegation also recently discussed with AmCham India on ways as to how US companies can partner with the four smart city projects.

Kolkata Port Trust plans to lease 2,724 acres of prime land

Kolkata Port Trust (KoPT) will soon be submitting a proposal to the union shipping ministry to leasing or renting its 2,724 acres of vacant land lying in prime areas in the eastern metropolis and the port city of Haldia in West Bengal, its chief said on today. It will be earning a minimum of Rs 1,000 crore from the leases on a recurring basis.

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“We have 4,576 acres and 6,367 acres of land in Kolkata and Haldia respectively. Some of it is lying vacant and we are considering to lease it out for commercial as well as residential purposes,” KoPT chairman R.P.S. Kahlon told media persons here on the sidelines of an event organised by Bharat Chamber of Commerce.

Off the total available land, KoPT is using 2,080 acres and 2,100 acres in Kolkata and Haldia respectively for its own use to carry on port operations while another 1,780 acres in Kolkata and 2,253 acres in Haldia have been rented or leased.

“We still have 710 acres in Kolkata and another 2,014 acres in Haldia in prime locations which is lying vacant,” he said.

The KoPT has asked city’s prestigious Jadavpur University to conduct a study on using these lands to earn extra revenue. This study is expected to be submitted to KoPT by October-end post which it will be submitted to the union shipping ministry along with the recommendations.

“In terms of total unused land, Kolkata has more than that of Mumbai,” he said. “By November-end, we will send this report to the shipping ministry with our own recommendations and they will thereafter refer it to the cabinet,” said Kahlon.

This process is expected to be completed by December-end this year. The union government, according to the official, is considering rolling out a port-specific policy on usage of unused lands for Kolkata, Mumbai and Kandla.

Asked over the status of its existing land leases and pending dues from real estate, Kahlon said KoPT is ready to negotiate with the sub-lessees.

“We are ready to negotiate with sub-lessees in case the original lessee is not traceable and the sub-lessee is ready to clear the pending dues. Also, they have to match the highest offer,” he said.

Uncollected lease dues on the KoPT account book have climbed high to Rs 500-600 crore.

Bengal plans to use one lakh acres govt land for industry

In a bid to dispel impression that West Bengal does not have enough land for industry, the state government on Friday announced that it has one lakh acres of land with different departments which could be used for industry.

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“We already have 4,000 acres of fully developed infrastructure-enabled industrial land and another 4,000 acres is being developed. The various departments of the state are also holding over one lakh acres, which can also be used for industrial development,” state Finance Minister Amit Mitra said at a programme by Indian Chamber of Commerce.

“It is happening. Haringata dairy (state owned) has released 300 acres and the same is being developed as industrial park,” he said and assured that the state land bank is enough to meet industrial requirements.

There had been apprehension in the industry on availability of large tracks of land in the state for units as the state government has moved out of forced acquisition of land.

The government has now initiated acquiring land from closed units and a committee has been formed for it.

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