Ambuja Neotia, Satyaa Homes to develop township in Kolkata

06 Jan 2021 CW Staff

Real estate developer Ambuja Neotia Group has entered into an agreement with Satyaa Homes for the development of a 72-acre land parcel in Kolkata's Rajarhat area. The project's development management partner is Ambuja Neotia Group, and HDFC Capital Advisors Pvt Ltd is the finance partner.

The deal was forged by Anarock Property Consultants' land services division on January 4. The township, which will oversee plotted developments, villas, and apartments in Rajarhat is expected to be completed within five years.

Rajarhat, which is a prominent micro-market in the northeast of Kolkata is also home to major IT companies like Tata Consultancy Services, Cognizant Technology Solutions, Tech Mahindra, and Ericsson India Global Services, among others. Thus, it happens to be a vital employment hub, which benefits from its close proximity to Sector V, Salt Lake and the airport.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..